Over the last five decades, Oakland University’s School of Business Administration has evolved from a small liberal arts business program in the College of Arts and Sciences to a Department of Economics and Business Administration to an AACSB-accredited business school offering undergraduate and graduate business degrees.
“Imbued with the pioneering spirit of our founders, the Oakland University School of Business Administration is recognized for creating transformational experiences for our students, our partners and our community,” said Dr. Michael A. Mazzeo, dean and professor of finance at Oakland’s School of Business Administration.
“Through the rapid growth and constant change of the last 50 years, we have remained focused on what matters: ensuring business students and businesses have the knowledge and skills to succeed and lead.”
The School of Business Administration has experienced tremendous growth in its reputation in the business and research community over the past 50 years, thanks to the work of its expert faculty members and the success of its graduates in the work world.
“With a finger on the pulse of emerging industry needs, the School of Business Administration blazes trails introducing distinctive programs and experiences that prepare business graduates with cutting-edge skills ahead of market demand,” Mazzeo said. “This entrepreneurial mindset coupled with strategic understanding and the ability to translate concepts into action means the OU School of Business Administration is positioned to continue delivering quality programs and outstanding graduates to an evolving global marketplace.”
Some highlights of the past five decades include:
• 1969: The Department of Economics and Business Administration at Oakland University transforms into the School of Economics and Management, offering a B.S. in Management, including courses and majors in accounting, finance, marketing, human resources management and management information systems.
• 1971: First master’s program in business called the Master of Science in Management begins.
• 1980: Master of Science in Management evolves into the MBA.
• 1986: Board of Trustees approves School of Business Administration as new name.
• 1988: Earns prestigious accreditation of its undergraduate business and accounting programs from AACSB-International.
• 1999: First Executive MBA cohort starts classes.
• 2000: Moves into Elliott Hall, which is named for Nancy and R. Hugh Elliott.
• 2007: ACHIEVE and Business Scholars programs for undergraduate business students launches.
• 2010: Stinson Student Advancement Center, which provides a one-stop area offering student services, meeting and lounging areas, opens.
• 2011: The Tim and Marsha Healy Café opens, serving Elliott Hall visitors a selection of fresh food items and Starbucks products.
• 2011: Ideas 2 Business program begins.
• 2015: $2 million Student Managed Investment Fund, powered by The Kresge Foundation, in new Data Analytics and Trading Floor Lab welcomes first students.
• 2019: First Business Honors cohort enrolls.
“On the shoulders of those who came before us, including our dedicated friends, faculty, staff, students, alumni and supporters, the OU School of Business Administration is poised to succeed for generations to come,” Mazzeo said.
The OU School of Business Administration will commemorate its golden anniversary on Saturday, May 21 at the 50th Golden Gala Celebration, presented by the Elliott Foundation, at the Royal Park Hotel, and at the Celebratory Brunch on Sunday, May 22 at the Oakland Center.
For more information about the celebration, visit https://www.oakland.edu/business/alumni-friends/anniversary.
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