Dean's Report 2016-2017 by Isenberg School of Management

2016 - 2017

DEAN'S REPORT Isenberg School of Management University of Massachusetts Amherst

TABLE OF CONTENTS

From the Dean

Faculty Highlights

Driven to Give

Reflecting Back, Moving Forward

Diversity

An Engaged Alumni Community

Building Our Talent Pool

Undergraduate Program

Boston Business Community

Launching Entrepreneurs

Graduate Programs

The Business of B-Schools

1 | FACULTY

From the Dean As we celebrate our 70th anniversary, we continue to shine as one of the premier business schools in the country. We’ve skyrocketed in the rankings, and we’ve made critical investments in our infrastructure, academic programming, and alumni engagement. Isenberg is a top choice for esteemed students and faculty thanks to our reputation for success. Last year, we: • Broke ground on our 70,000-square-foot Business Innovation Hub, slated to open in 2019. This student -centric space, complete with a large learning commons and enhanced career center, will elevate hands-on learning and facilitate interactions with business leaders. • Deepened our commitment to diversity and inclusivity. We’re proud that our Full-time MBA program, class of 2018, is 58% female, and we’re committed to building a culture of diversity and inclusivity. • Recruited exemplary faculty to lead the way in cutting-edge research and business leadership, including a new Hospitality & Tourism Management department chair. In 2016-2017, we welcomed 11 faculty members, who represent a range of knowledge and professional experience.

• Attracted outstanding, driven students who graduate to earn coveted positions, advance groundbreaking research, and achieve major accomplishments. Isenberg BBA students have a 90% job placement rate. • Fostered a culture of philanthropy and highly involved alumni eager to engage and support Isenberg. Our wildly successful Senior Gift Campaign recruits rising graduates to contribute to Isenberg early on. Sincerely, Mark A. Fuller, PhD Dean, Isenberg School of Management Thomas O’Brien Endowed Chair

FROM THE DEAN | 2

1997

A substantial gift from Eugene and Ronnie Isenberg names the School of Management in Gene's honor.

1947

The School is founded in North College.

Reflecting Back

1964

New School of Business Administration building is completed.

2002

The Harold Alfond addition adds 52,000 square feet and a student atrium.

SINCE

years IS

RG CEL

With over 3,600 undergraduate students (1,000 more than ten years ago), the building is equal parts practical and flexible, designed to accommodate Isenberg’s growing student body and executive-in-residence programs. The unique opportunity pairs Boston architecture firm Goody Clancy and Bjarke Ingels Group of New York and Denmark to complete a renovation and addition to Isenberg’s complex at the center of the University of Massachusetts Amherst campus.

Isenberg’s Business Innovation Hub, slated to open in the spring of 2019, elevates our students' educational experience—helping take their coursework and their professional opportunities to the next level. The $62 million student-centric design adds 70,000 square feet of modernized classrooms and labs to promote experiential learning, and an expanded career center with additional interview spaces. The project also includes a 5,000-square-foot, light-filled learning commons that will also serve as an event center to facilitate interactions with business leaders and alumni.

TES 70 Y

Moving Forward MEANINGFUL MILESTONES Celebrating 70 years of history. View the full timeline at: isenberg.umass.edu/timeline

REFLECTING BACK | 4

BUSINESS INNOVATION HUB BREAKING GROUND ON THE

Work on the Business Innovation Hub began in 2016. The distinctive design by two leading architectural firms will minimize glare while maximizing sunlight.

3 | FACULTY

BUILDING OUR

Talent Pool THOMAS MOLITERNO Vice Dean and Associate Dean of Research and Engagement, Earl W. Stafford Professor in Entrepreneurial Studies PhD, University of California, Irvine MBA, Boston University MA, University of Kentucky

MUZAFFER “MUZZO” UYSAL Department Chair and Professor, Department of Hospitality and Tourism Management PhD, Recreation Resources Development, Texas A&M MBA, University of New Haven

5 | FACULTY

Dean Thomas Moliterno joined Isenberg’s Department of Management in 2011 and was appointed Associate Dean at Isenberg in 2014. In his new role, he supports the work of the school’s Berthiaume Center for Entrepreneurship. Dean Moliterno is a prominent researcher in the areas of resource-based theory, behavioral theory, and strategic human capital. His articles have appeared in Administrative Science Quarterly, Strategic Management Journal, Journal of Management, among others.

Professor Muzaffer “Muzzo” Uysal is an internationally celebrated professor and researcher in the travel and tourism field. Themes in his research (five books and 150+ articles in refereed journals; 15,000 citations) include tourism’s economic impact and job satisfaction among hospitality workers. Before Isenberg, Professor Uysal chaired the undergraduate hospitality program at Virginia Tech’s Pamplin College of Business. In July 2016, Professor Uysal was honored with the John Wiley & Sons Lifetime Research Achievement Award.

ELIZABETH FOLLMER Assistant Professor, Management Research Interests: Organizational Behavior, Human Resources PhD, Organizational Behavior & Human Resources, Henry B. Tippie College of Business, University of Iowa

EMILY MUST Lecturer, Mark H. McCormack of Sport Management Research Interests: Sport-Anchored Urban Redevelopment, Measurement and Analysis of Social Capital, the Impact of Sports Stadiums and Mega-Events PhD Candidate, Sport Administration, University of Colorado, Greeley MS, Sport Management, Barry University

JEFF ST. GERMAINE Lecturer, Operations & Information Management Industry Experience: Data warehouse & business intelligence analyst MA, Industrial/Organization Psychology, Golden Gate University

FRANCISCO VILLARROEL ORDENES Assistant Professor, Marketing

NORA JUNAID Lecturer, Operations & Information Management

Research Interests: Online Consumer Behavior and Deployment of Big Data, Content Marketing, Service Recovery Strategies

Research Interests: Psychological and Human Behavioral Implications of Computers, Especially in the Workplace

PhD, Marketing, School of Business and Economics, Maastricht University, Netherlands

PhD Candidate in Business, Bentley University

MS, Marketing, Manchester Business School, UK

MBA, Lebanese American University

ROBERT FEINGOLD Lecturer, Finance Industry Experience: Managing High-Yield Bonds, Levered Loans, Distressed Debt, and Small Cap Equity Portfolios MBA, Kellogg Graduate School of Management, Northwestern University

TIFFANY TRZEBIATOWSKI Assistant Professor, Management Research Interests: Personal Identity, Threat and Loss, Diversity, Discrimination PhD, Organizational Behavior/ Human Resources, University of Wisconsin-Madison MA, Human Resources and Industrial Relations, University of Minnesota

FOUSSENI CHABI-YO Assistant Professor, Finance Research Interests: Asset Pricing, Tern Structure, Options, International Finance, Deriviatives PhD, Economics, University of Montreal

JENNIFER ROY Lecturer, Accounting Research Interests: Not-for-profit and Retail Industry Tax JD, Western New England College School of Law

WILL NORTON Lecturer & Director of the Center for Sport Research, Mark H. McCormack Department of Sport Management Research Interests: Sports analytics, new media, professional sport industries MBA/MS Sport Management, Isenberg School of Management B.A., Political Science/ International Relations, The College of Wooster

LAUNCHING THE NEXT

SPOTLIGHT PROFILE

Julian Lustig Isenberg MBA fellow Julian Lustig worked with the Berthiaume Center to forge ties between the region’s investors and entrepreneurs, many of them campus based. Through the university’s new Institute for Applied Life Sciences (IALS), Julian focused on finance, including his interests in venture capital and socially responsible investments.

Entrepreneurs

The Berthiaume Center for Entrepreneurship is about teaching, mentoring, and connecting. In its third year, it supports a range of cross-campus programming to engage and inspire.

In September 2016, he founded the Venture Consulting Club, an entrepreneurial gathering node for Five College students who invest their eclectic skills in local startups, many of whom receive resources from the Berthiaume Center, Valley Venture Mentors, and other business catalysts. Julian will continue working with entrepreneurs in his full-time position with Kirschbaum Development Group, a fast-growing company specializing in web app development and software solutions for business. He attributes his success to professors at the Berthiaume Center who “have all been terrific mentors.”

7 | ENTREPRENEURSHIP

INNOVATION CHALLENGE The Innovation Challenge is a four-part, cross-campus business competition to help the most promising ventures on campus gain the resources they need to take their business or product to the next level. The 2017 first-place winner was the interdisciplinary team

of Julie Bliss Mullen (a PhD candidate in civil engineering) and Barrett Mully (MBA candidate) with their business plan for ElectroPure, a water treatment/ purification device for homes, schools, and other small-scale water system. They took home $26,000 to fund their startup.

“

Making this a better world shouldn't be separate from everything else in business. — EARL STAFFORD, FOUNDER & CEO STAFFORD FOUNDATION

SOCIAL ENTREPRENEURSHIP DAY The pursuit of business and social goals in “hybrid” social enterprises was a key theme in the second annual Social Entrepreneurship Day, held on December 6th in the Student Union’s Cape Cod Lounge. Coordinated by the Berthiaume Center for Entrepreneurship, the daylong event featured a keynote presentation by Cornell University/ILR School professor Marya Besharov and separate practitioner and academic panels.

$ Social entrepreneurs are driven by people, planet and profit.

ENTREPRENEURSHIP | 8

Faculty Highlights

Research at Isenberg advances knowledge in seven academic disciplines and brings innovation to industry.

HIGHLIGHTS FROM THE 2016-2017 ACADEMIC YEAR:

ILA GETMANSKY SHERMAN

Isenberg Finance Professor Mila Getmansky Sherman and two coauthors have received the Chartered Financial Analyst (CFA) Institute’s premier honor—the 2016 Graham and Dodd Award for Excellence. The award was for their Financial Analysts Journal article, “Interconnectedness of the CDS Market,” which deployed a network perspective in exploring interconnectedness between dealers and nondealers in the credit-default swaps market.

EORGE MILNE

PhD Director George Milne, whose research spans information privacy, consumer behavior, public policy, and a wealth of other topics, was this year’s Isenberg Research Award recipient. Professor Milne’s recent publications investigated factors that contribute to Facebook brand content popularity and the impact of quantified personal “self-data” on a consumer’s motivation. Professor Milne has energized Isenberg’s PhD program, which graduated a record 18 students in May.

9 | FACULTY HIGHLIGHTS

LBERT ASSAF

Studies measuring hotel performance have accentuated the positive while neglecting the negative, notes Hospitality & Tourism Management Professor and PhD coordinator Albert Assaf. That is a key conclusion in his “Why Negative Outputs Are Often Ignored: A Comprehensive Measure of Hotel Performance,” which appeared in the journal Tourism Economics and won the prestigious Thea Sinclair Award for Journal Article Excellence.

TEVE MCKELVEY

Steve McKelvey, a professor in Isenberg’ s Mark H. McCormack Department of Sport Management, is this year’s Betty van der Smissen Leadership Award honoree. Professor McKelvey received the award—the highest academic honor focusing on the intersection of law and sport—at the Sport & Law Recreation Association’s annual conference in March.

PROGRAM INNOVATION

HRISTOPHER AGOGLIA

Isenberg’s accounting faculty ranks #1 in the nation in research investigating judgment and decision making by auditors. A leader and cutting-edge researcher in this domain is Richard H. Simpson Endowed Professor Christopher Agoglia. This summer, Professor Agoglia becomes senior editor of the top American Accounting Association section journal, Auditing: A Journal of Practice & Theory.

NNA NAGURNEY

John F. Smith Memorial Professor of Operations Management Anna Nagurney has received an award for Distinguished Service from INFORMS, the largest society for professionals in operations research, management science, and analytics. Professor Nagurney, who is internationally celebrated for her research on the interaction of transportation, communications, financial, and other networks, is long-time faculty advisor to UMass Amherst’s award-winning student chapter of INFORMS.

IRTON COWDEN

Birton Cowden, director of new ventures at Isenberg’s Berthiaume Center for Entrepreneurship, has received an award for Excellence in Entrepreneurship Education Innovation from the United States Association for Small Business and Entrepreneurship. The honor recognizes Cowden’s prowess in conducting “SOLD!,” an entrepreneurial sales skills “boot camp” for students. Selling to customers, investors, and other stakeholders, he emphasizes, is a vital entrepreneurial skill.

Businesses are speaking up, asking for graduates who understand how to employ data and analytics. Isenberg is listening, launching “Big Data” curricula that prepare students to harness data for optimal decision making. MASTER OF SCIENCE IN BUSINESS & ANALYTICS (MSB&A) This accelerated program, introduced this year, provides graduates of non-business majors with the business analytics tools and techniques that are increasingly necessary to be effective in organizations of all kinds. OPERATIONS & INFORMATION MANAGEMENT LAB The OIM Solutions Lab, generously donated by OIM alumni, is a team-based, high-technology classroom that enhances course content, student learning, and career preparation. GRADUATE CERTIFICATE IN BUSINESS ANALYTICS With this online certificate, working professionals deepen their ability to make sound data-based and judgment decisions.



NEFERTITI WALKER

Director of Diversity & Inclusion Assistant Professor, Mark H. McCormack Department of Sport Management

Diversity MAKES A DIFFERENCE

DR. WALKER’S research interests are women in leadership and developing diverse and inclusive cultures in sport organizations. She serves on the Athletic Council at UMass Amherst and works closely with UMass Athletics. Dr. Walker is co-chair of the Diversity Committee for the North American Society for Sport Management, serves on the espnW College Advisory Panel, and is a member of the LGBT Sports Foundation Coalition Leadership Team. Her work has been noted on espn.com, espnW.com, and TIME Sports. She completed her MBA from Stetson University and her PhD from the University of Florida. Dean Fuller remarks, “We are indeed fortunate to have among us a scholar and leader in the area of diversity and inclusion who can play a role in advancing our institution-wide diversity mission.”

11 | FACULTY

Isenberg has a long-standing commitment to diversity and inclusivity, and we continue to take this commitment to the next level. Students participate in an interactive panel during this year's Women of Isenberg Conference.

WOMEN OF ISENBERG CONFERENCE The fourth annual conference, held in February, connected current students and alumnae. This year’s keynote speaker was Karyn Schoenbart ’78, president and chief operating officer of The NPD Group, a top 25 marketing research company, based in Port Washington, New York.

BETA ALPHA PSI As one of ten finalists for the Ernst &

EY Inclusive Young Inclusive Leaders Awards, the Leadership Isenberg student chapter of BAP started Award

the initiative, “Let’s Talk, I’m Inclusive,” to promote inclusiveness at Isenberg, UMass, and local elementary schools.

NSMH CHAPTER

 Undergraduates at the McCormack Future Industry Leaders Conference.

National Chapter of the Year Award

Isenberg’s student chapter of the National Society of Minorities in Hospitality was named national chapter of the year at the society’s annual conference. NSMH excelled in supporting the organization’s mission and vision, increasing membership and visibility, joining community service activities, and developing members professionally.

DIVERSITY | 12

UNDERGRADUATE PROGRAM

GIVING STUDENTS A

COMPETITIVE EDGE FROM THEIR FIRST DAY AT ISENBERG TO THEIR FIRST DAY ON THE JOB

SHARPENING SKILLS FROM DAY 1

We introduce students to Isenberg's extensive career development resources, such as workshops, seminars, and advising. DEAN'S LEADERSHIP SEMINAR This course allows students to glean career guidance directly from Dean Fuller, alumni visitors, and senioryear mentors.

90%

JOB PLACEMENT BBA '16, 3 months out

7TH

BEST RECRUITER SURVEY AMONG PUBLICS * Bloomberg Businessweek, 2016

CAREER READY SOPHOMORE CAREER COURSE In this required course, we give our students real tools to hone interview techniques and develop optimal resumes. RECRUITER VISITS The Chase Career Center hosts multiple recruiter events, giving students and companies the opportunity to interview face-toface at Isenberg for internships and jobs.

13 | UNDERGRADUATE PROGRAM

The nation’s leading firms and emerging companies seek out Isenberg graduates. They’re confident that our students are well-prepared, innovative, collaborative, and ambitious. Our entire community—from faculty members to advisors to alumni—is laser focused on helping students achieve goals and accelerate careers. Our graduates place in companies such as:

UNDERGRAD PROFILE

Hailey Cockrum By the time Hailey Cockrum ’17 graduated as an Operations & Information Management (OIM) major this spring, she had several fulltime job offers on the table. She passed them all up. Instead, she skyrocketed to SpaceX. SpaceX (Space Exploration Technologies Corporation) is Elon Musk’s latest venture. Based in Hawthorne, California, the company builds rockets, rocket engines, spacecraft, avionics, and accompanying software. Its rockets deliver payloads into the Earth’s orbit, including supplies to NASA’s International Space Station. Hailey, who completed Isenberg’s Supply Chain Management track, will join SpaceX in an intern-to-hire role as a materials planner. Additional hands-on internships at Pratt & Whitney also helped her earn the spot. “As an OIM major, I couldn’t have had a better learning experience,” she says. “I wasn’t just taught; I really learned.” Hailey says she grew intellectually and professionally from a rich mix of courses taught by professors whom she describes as mentors, including Professor Traci Hess. "She was my advisor. I will always look up to her as a role model."

HAILEY WILL JOIN SPACEX IN AN INTERN-TO-HIRE ROLE AS A MATERIALS PLANNER. FACULTY | 14

GRADUATE PROGRAMS

#1 Online MBA in the U.S. Isenberg has long been recognized as one of the top-ranked MBA programs in the nation. This year, The Financial Times ranked Isenberg’s Online MBA program #1 in the U.S. and #3 in the world. The Online MBA program ranked second for increase in salary after earning an MBA, with a 43 percent increase. Isenberg’s MBA program—both Full-time and Online—offers an expansive course of study, including business analytics, finance, healthcare administration, marketing, and sport management. From physicians to entrepreneurs to C-suite executives, our MBA programs allow people to elevate their careers or change industries entirely.

FULL-TIME MBA

Stephanie Holt Marketing & Sales Operations, Cisco CloudLock

15 | GRADUATE PROGRAMS

With $140,000 in undergraduate loans, Stephanie Holt thought grad school was out of the question. Isenberg’s fellowship changed everything, allowing Stephanie to earn a full-time MBA without saddling on more school debt. Since graduating from Isenberg, she jumped from a management position at Sherwin-Williams to a startup that Cisco recently acquired—leading to a 40-percent salary bump. Stephanie credits Isenberg with imparting the skills that got her there.

“I knew that if I wanted to move to the next level, I needed an MBA,” Stephanie says. “I’d advise anyone to go for what they truly believe in, because it will pay off.” To earn her MBA, Stephanie commuted four days every week from Boston, and she says the drive time was worth it. Ambitious and innately curious, Holt says she’s eyeing her next certification and “the next big thing I want to learn.”

ONLINE MBA

Dr. Andrew Norden Deputy Chief Health Officer IBM Watson Health In college and medical school, Dr. Andrew Norden took virtually no business classes, yet he discover that his position as an associate chief medical officer for Dana-Farber Medical School demanded business knowledge. He enrolled in Isenberg’s online MBA, taking one course at a time over four years. “There were key business disciplines that I wasn’t knowledgeable about, with respect to things like operations and quality improvement, marketing, and finance,” he said.  Online & Full-time MBA students participate in a two-day gaming simulation workshop as part of the Strategic Business Decisions course.

58% 43%

OF THE FT CLASS OF 2018 IS MADE UP OF WOMEN

INCREASE IN SALARY AFTER EARNING AN MBA

From physicians to entrepreneurs to C-suite executives, our MBA programs allow people to thrive in disruptive times.

Dr. Norden now works as the deputy chief health officer at IBM Watson Health, where he helps physicians with knowledge overload, particularly in genomics and oncology. He says there’s been an uptick in the number of doctors now earning MBAs. “Doctors recognize that an MBA offers useful skills that many of us lack,” he said. “There’s a real recognition these skills matter first. I treated this as a key step in my professional development.”

GRADUATE PROGRAMS | 16

“

I'm driven to give because many Isenberg alumni have played a role in helping me succeed and have carried me on their backs. Now it's my turn!" - MEGHAN BATES ’17

Driven to Give

BUILDING A CULTURE OF GIVING LAST YEAR’S CHALLENGE Dean Fuller challenged the 2016 senior class to a 30% participation rate in the Senior Gift Challenge, vowing to shave an “I” in the back of his head if they met the challenge. The seniors rallied around the goal, and Dean Fuller attended graduation with a new haircut.

17 | DRIVEN TO GIVE

The class of 2017 is breaking philanthropy records in the Senior Gift Challenge, giving at a rate that far exceeded their goal. Isenberg is successfully tapping seniors to think about giving back while they're still on campus, increasing young alumni donations and engagement.

THIS YEAR'S CHALLENGE This year, Dean Fuller raised the bar for the class of 2017: to have 50% of seniors donate to the senior gift. The Dean and other alumni also offered a series of challenge gifts, providing additional

monetary incentives for the senior class if they met, and then exceeded, the 50% goal. The seniors blew away the challenge with 66% contribution to the senior class gift! This outstanding accomplishment will be commemorated with an announcement in the Boston Globe.

ALUMNI GIVING Isenberg seniors are not alone in giving back. Alumni and friends have enabled the school to add five endowed professor positions in the past twelve months alone.

66% of seniors

100%

gave in 2017

40 20

SENIOR PARTICIPATION GROWS

Over the last six years, student giving has risen in leaps and bounds.

2017

2016

2015

2014

2013

2012

50%

DRIVEN TO GIVE | 18

Dean Fuller at the Isenberg Business Leadership Awards Dinner

Former Governor William Weld; Dean Mark A. Fuller; Steve Wynn, CEO of Wynn Resorts, and Bob Luz, President & CEO Massachusetts Restaurant Association, at the HTM Awards Dinner

HTM NYC Alumni Event NYC Alumni Night, 48 Lounge

Isenberg Day at Fenway

FACULTY FACULTY COMMUNITY 19 | | ALUMNI

Isenberg Day at Gillette

Boston Alumni Night

AN ENGAGED

Alumni Community In 2016, over 2,000 alumni & friends attended 20 alumni-focused Isenberg events held in Amherst, Boston, and New York City. In comparison, in 2015 Isenberg held seven alumni-focused events with about 700 attendees. These events culminate in the school’s premiere alumni event, the Isenberg Business Leadership Awards. “Isenberg interns and graduates at my company all have that Isenberg stamp—a work ethic that is better than the rest,” insisted Chuck Peters, who with his wife Karen Peters, were principal honorees at Isenberg's 4th annual Business Leadership Awards Dinner on June 14. Brian Tino, was the Recent Alumni honoree. The gala alumni event at the Colonnade Hotel in Boston attracted 330 members of the Isenberg community.

2016 ISENBERG BUSINESS LEADERSHIP AWARDS (IBLA)

96%

of alumni value these events as meaningful networking opportunities

2016 IBLA HONOREES CHUCK AND KAREN PETERS

Chuck and Karen Peters are president/owner and VP of administration of their 36-year-old family business, New England Wire Products, a full-service manufacturer in Leominster of product displays. The company makes customized racks for Home Depot, Walmart, Staples, and other customers. Chuck, who majored in mechanical engineering, and Karen, who majored in political science, have supported Isenberg through gifts to the Dean’s Fund for Excellence and to Isenberg’s Business Leadership Awards. BRIAN TINO

Professor Anna Nagurney with Johanna Zuber at the NYC networking night

A strategic account executive at InVisionApp Inc, Brian helps corporations and agencies to streamline their creative processes. Driven by invaluable lessons of resiliency while at UMass, Brian had made it a goal to give back to and foster the Isenberg community. He has hosted the school’s Senior Trivia Night for the last six years, hires Isenberg students for summer internships, and supports the school financially, partnering with former Isenberg Undergraduate Dean Carol Barr in creating the Barr/Tino Leadership Scholarship.

ALUMNI COMMUNITY | 20

CONNECTING WITH THE

Boston Business Community A SPEAKER SERIES SPEAKER SERIES Isenberg unveiled a new speaker series, DRIVEN: A CONVERSATION WITH . . . , inviting seminal business leaders to address the Isenberg community at the UMass Club on One Beacon Street in Boston. Each speaker is a change agent whose ideas are reshaping the landscape of business thought and practice. For its inaugural event, Isenberg presented Steve Wozniak, cofounder of Apple Computer and chief scientist at Primary Data. A Silicon Valley icon, Wozniak shaped the computer industry with his design of Apple I and II and influenced the popular Macintosh. In recent years, he has devoted time to improving computer capabilities in schools.

21 | BOSTON BUSINESS COMMUNITY

Robin Chase, co-founder of ZipCar and transportation entrepreneur, spoke this spring about her vision of whatâ&#x20AC;&#x2122;s to come for the transportation industry and the rapid development of ridesharing and selfdriving cars.

From left clockwise: UMass President Marty Meehan, Apple co-founder Steve Wozniak, Dean Mark A. Fuller; Steve Wozniak during audience Q&A; Speaker series attendees at the UMass Club overlooking the Boston Skyline

Isenberg is proud to partner with WBUR, Boston's NPR station, and to work with NPR journalists Tom Ashbrook and Asma Khalid for the DRIVEN: A CONVERSATION WITH.... speaker series.

BRANDING IN BOSTON Isenberg took over Back Bay Station—a hub for tens of thousands of commuters daily—in a not so subtle way, branding two subway lines with large banners that support what it means to be driven, including phrases like: “We challenge your thinking so you can challenge the world.”

The Business of B-Schools FINANCIAL SUMMARY FY 2016

$39,656,834 Total Endowment

$33,088,336 Total Operating Budget

Isenberg's ascent in the rankings means we are competing with an outstanding set of public business schools. In order to take it to the next level, Isenberg needs greater resources to succeed. TOP 15 PUBLIC UNIVERSITIES Ranking

Business School

University of Cal-Berkeley | Haas

Indiana University | Kelley

University of Virgina | McIntire

University of Michigan | Ross

University of Texas-Austin | McCombs

University of Minnesota | Carlson

University of North Carolina-Chapel Hill | Kenan-Flagler

University of Illinois | Urbana-Champaign

University of New Jersey-Newark | Rutgers

Continuing & Professional Education: $11,223,641

Penn State University | Smeal University of Wisconsin-Madison

Philanthropic Gifts: $1,896,474

11 12

University of Maryland | Robert H. Smith

University of Tennessee | Haslam

University of Washington | Michael G. Foster

University of Mass-Amherst | Isenberg

23 | THE BUSINESS OF B-SCHOOLS

*At donor request, some income used to establish new endowment.

,0 00

Other: $841,022

,0 30

Income from Endowment: $318,324*

03 35 41 13 36 18 122 324 1 96 24 18 183 22 3 410 8

State Support $18,133,503

SOURCE: Isenberg undergraduate BBA and BS degrees awarded 2016, other data based on publicly available data for top 15 public business programs as ranked by Poets & Quants

500

1000

1500

ENDOWMENT & OPERATING BUDGET

2000

100

150

200

Endowment

250

300

Operating Budget

degree confe 356 1351 343 482 1079 625 322 895 1200 1677 821 940 935 701 990

350

1 2 3 4 5 6 7

Punching Above Our Weight

8 9 10

Isenberg's goal to be one of the top five public b-schools in the nation is an aspiration within reach. Our strategy and efforts are working, illustrated by growing reputation, student preparation and job placement, innovative programs, and world-class faculty recruiting. We are indeed punching above our weight and need additional alumni support to move to the next level. Join us in helping to build pride in the Isenberg brand.

11 12 13 14 15 0

$100M

$200M

500

1000 500

$400M

$500M

$600M

FULL-TIME TENURE SYSTEM FACULTY

UG DEGREE CONFERRAL 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

$300M

faculty 113 318.08 160 175.88 201.2 167 121.5 159.07 282 168 136.3 201.33 166.1 197 97

1500 1000 2000 1500 0

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

2000 100 0 150 50 200100250150300200350250 50

degree conferals 356 1351 343 300 350 482 1079 625 322 895 1200 1677 821 940 935

degree conferals 356 1351 343 482 1079 625 322 895 1200 1677 THE821 BUSINESS OF B-SCHOOLS | 940 935 701

NO OTHER BUSINESS SCHOOL HAS ASCENDED

As Far, or as Fast, as Isenberg 90% BEST PART-TIME MBA IN MASS

Financial Times, 2017

Businessweek Undergraduate Business School Rankings

55,000 MEDIAN STARTING SALARY

PLUS

ACTIVE STUDENT CLUBS

3,600

UNDERGRAD STUDENTS

80 90 ranking

BBA â&#x20AC;&#x2122;16, 3 months out

BEST ONLINE MBA IN THE U.S.

US News and World Report, 2018

PLACEMENT RATE

year

2010

2011

Among public universities

2012

Overall

2013

2014

2016

*2015 ranking not conducted

43,000 ALUMNI IN 82 COUNTRIES

1,400

MBA STUDENTS

Founded in 1947, the Isenberg School of Management on the University of Massachusetts flagship Amherst campus has over 43,000 alumni in 82 countries. Isenberg offers its AACSB accredited courses to 5,100 students on campus, online and in blended formats. The Schoolâ&#x20AC;&#x2122;s 3,600 undergraduates major in seven business disciplines, including industry specialties in sport management and hospitality & tourism management. Isenbergâ&#x20AC;&#x2122;s 1,500 graduate students earn MBA, MS, or PhD degrees.

Isenberg School of Management University of Massachusetts, Amherst www.isenberg.umass.edu

27 | FACULTY