Thanksgiving 2017 by Rawls College of Business

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 DEAN

| PROFESSOR OF MANAGEMENT

Thanksgiving is a time to reflect on the past and be thankful for the many people who contribute to the success of the Rawls College of Business. This year, we want to draw special attention to the history of the college as we celebrate 75 years of business education. In 1942, Texas Tech recognized the importance of business education and established the Division of Commerce. Although many things have changed in the last 75 years, our commitment to student success remains steadfast. I invite you to take a moment to join me in remembering many of the great milestones of our college documented in the following pages. It is not possible to include all of the highlights of our first 75 years in this brief overview. If we have missed any of your favorite memories or key events, please share them with us at Rawls.75@ttu.edu. We at the Rawls College are thankful for our alumni, students, faculty, staff, administrators, and friends of the college whose efforts have contributed to our many successes. Success of this magnitude requires a team effort. I am confident that, together, we can ensure an outstanding future as the Rawls College continues to impact the lives of students, to create knowledge that improves business practices, and to engage with and support our many communities. Warm regards,

Margaret L. Williams

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Texas Technological College is established. The Department of Business Education, housed within the Division of Arts and Sciences, consists of Economics and Business Administration. The ﬁrst B.A. in Business Administration degrees are awarded. Graduates include R. Canon Clements (1913-2006) who is the ﬁrst Rhodes Scholar from Texas Tech and is later named a Distinguished Alumnus.

 The Honorable Preston E. Smith earns a B.A. in

Economics. Smith goes on to spend more than 25 years in state government and is later recognized by the college as a Distinguished Alumnus.

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The Division of The Division of Commerce is Commerce is renamed created at Texas the Division of Technological Business Administration College. and later changed to the College of Business Administration.

 The College of Business Administration’s undergraduate programs are accredited.

The Division of Business Administration consists of 22 professors in ﬁve departments, including accounting and ﬁnance, business education and secretarial administration, economics, management, and marketing. The division offers two undergraduate degrees and two graduate degrees.

 The college is the fourth largest in the nation in terms of enrollment.

  The college announces plans to open a new building at 15th Street and Flint Avenue, the former location of Texas Technological College’s Horse Barns.

 

Rosemary Pledger receives the college’s ﬁrst Ph.D. in Business Administration.

The college holds a groundbreaking ceremony for the new building on January 3.

 The college creates a new academic area – Information  Systems and Mr. I. Wylie Briscoe Quantitative establishes the ﬁrst Sciences. endowed chair by an individual in the College of Business Administration. The I. Wylie and Elizabeth Briscoe Chair of Bank Management is the ﬁrst chair in bank management at any Texas university and includes an endowment of $500,000. The College of Business Administration awards its 100th Ph.D. in Business Administration to Dr. Tony Kakar.

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 Dr. Jay Conover becomes the ﬁrst faculty member of the college to receive Texas Tech’s highest faculty honor, the Paul Whitﬁeld Horn Professorship.

The college’s accounting program receives ofﬁcial accreditation from AACSB, making Texas Tech one of only 17 schools with an accredited accounting program.

The college’s graduate programs are accredited.

 The inaugural Dallas Alumni Event is held on July 12 at the Doubletree Inn and has 50 alumni in attendance. Now named the Annual  Dallas Scholarship event, this event hosts more than 600 people and is The college’s ﬁrst the college’s largest scholarship Distinguished Alumnus Award fundraiser. is presented to James L. “Rocky” Johnson (B.B.A. in Accounting, 1949), who was CEO of GTE Corporation for many years and was also a Texas Tech Regent.

  Dean Carl H. Stem establishes the Ambassador program to allow students to assist in recruiting efforts and college functions.

 The MBA/HOM program is established with Dr. John Blair as director. Dr. John Blair receives the Senior-Level Healthcare Executive Regents Award from the American College of Healthcare Executives for his contributions to healthcare education.

 Dr. Shelby D. Hunt, Paul Whitﬁeld Horn Professor of Marketing, recieves—for an unprecedented, third time—the Journal of Marketing’s “Harold H. Maynard Award,” which is given each year for the article contributing most to marketing theory and thought. Two decades later, the Journal of Marketing honors Dr. Hunt by renaming the award as the “Shelby D. Hunt/Harold H. Maynard Award.”

  Alumna Judy Sims (B.B.A. in Accounting, 1974) receives the Medallions for Entrepreneurship Award from the Beta Gamma Sigma Honor Society, making her one of only four recipients in the country.

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The International Programs ofﬁce is established to create, market, and administer international education programs.

The Writing Center, The Student Managed Investment now the Georgie G. Fund (SMIF) is created by Dr. William Snyder Center for Business P. Dukes, professor of ﬁnance and Communication, is established former WWII Brigadier General. The to assist students with business class is designed to enable students to communication skills. gain experience in selecting stocks and managing a portfolio. The program is made possible by an initial contribution of $500,000 from alumnus James E. Sowell and his wife, Elizabeth.

The Physician MBA program in Health Organization Management (HOM) is rolled out with 18 physicians enrolled in the two-year program. The college’s Advisory Council, composed of 50 founding members, is established.

The Career Management Center opens to provide dedicated career services to Rawls students.

The college is ofﬁcially renamed the Jerry S. Rawls College of Business Administration in recognition of Rawls’ unprecedented $25 million endowment. Rawls graduated from Texas Tech with a B.S. in Mechanical Engineering in 1967.

The college offers a Bachelor of Business Administration in Energy Commerce.

The new state-of-theart building is completed. The building receives the Gold Leadership in Energy and Environmental Design (LEED) certiﬁcation based on its energy use, lighting, water, and material use, as well as incorporating a variety of other sustainable strategies. This is the ﬁrst academic building on the Texas Tech campus primarily funded by alumni.

The college’s undergraduate programs are ranked 77th by Bloomberg Businessweek.

The Rawls College offers an MBA for Working Professionals that is designed for managers and professionals who wish to remain fully employed as they pursue their graduate degree.

The college creates a new academic area – Energy, Economics and Law.

 The Rawls Business Leadership Program, a dynamic learning experience designed to provide The college launches a onestudents with industry-relevant year STEM MBA for individuals knowledge and experiences to excel wishing to pursue a leadership in leadership roles, is established. position in the ﬁeld. The college receives approval from the Texas Higher Education Coordinating Board to create a School of Accounting. It is the ﬁrst separately-accredited School of Accounting in Texas.

In an effort to strengthen the Rawls alumni network in local communities, the college launches the Rawls Raiders Alumni Network.

The new building addition is completed. The 38,000 square foot addition includes more classrooms, ofﬁces, a state-ofthe-art testing center for student exams, a third-ﬂoor behavioral research laboratory, and a multipurpose space for events, guest speakers, and student engagement. The Rawls College of Business Advisory Council celebrates 15 years of accomplishments. The Area of Marketing and Supply Chain Management offers a Bachelor of Business Administration in Supply Chain Management.

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Today, the Rawls College of Business offers undergraduate and graduate programs designed to give students an in-depth understanding of the business world and to prepare them for successful careers as leaders, managers, executives, and innovators in their chosen field. The college accounts for almost 25 percent of total graduates from Texas Tech University and has an alumni network of more than 46,000 people worldwide. Students can pursue undergraduate degrees in six academic areas: accounting; energy, economics and law; finance; information systems and quantitative sciences; management; and marketing and supply chain management. At the graduate level, students can enroll in multiple MBA programs, Master of Science programs, doctoral programs, and graduate and professional certifications. The Rawls College’s Career Management Center boasts job placement rates well above the national average, with both undergraduate and graduate students achieving higher than a 90 percent placement rate.

 Over

Over

students

alumni worldwide



Over



 endowment

Over

 

scholarships awarded job placement rate* annually (May 2017)

of Rawls students study abroad (national average is less than 1%)

* Figure is dependent on market conditions, response rate, number of graduates, and includes graduates pursuing advanced degrees.

Chair and Professorship Endowments

PROFESSORSHIPS Rankings • • • • •

Military Times: 2016 Best for Vets College Choice: 2016 Best Master’s Accounting Degrees Value Colleges: 2016 Top 50 Best Value Big Data Graduate Programs Bloomberg Businessweek: 2016 Best Business Schools Tax Talent: M.S.A. program ranked #12



01 20

Dr. Allen T. McInnes

Dr. Jack D. Steele 02 20

200

199

15 20

Dr. R. Stephen Sears Interim

17 20

201

200

12 20

Dr. Roy D. Howell

Dr. Carl H. Stem

8197

Interim

201

197

97 19

Dr. Reginald Rushing

Dr. George G. Heather

75 19

196

70 19

195

68 19

Haskell G. Taylor

Trent C. Root

Dr. John O. Ellsworth

50 19

194

48 19

194

46 19

Dr. Lance Nail

Dr. Paul R. Goebel Interim

 We are grateful for all that you have done to make the Rawls College of Business what it is today.

  from all of us at the Rawls College of Business.

Help support the Rawls College of Business for the next 75 years. www.give2tech.com Office of Development: 806.834.1959