Johns Hopkins Carey Business School Executive MBA Program Guide
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The Johns Hopkins Carey Business School, also referred to as Carey Business School or JHUCarey or simply Carey, is the business school of the Johns Hopkins University in Baltimore, Maryland. As "the newest school in America's first research university," the school offers full-time and part-time MBA degrees, master of science degrees, several dual degrees with other Johns Hopkins schools, including medicine, public health, arts and sciences, engineering, and nursing, and Maryland Institute College of Art, as well as a number of graduate certificates. The Carey Business School is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
James Carey (1751-1834), the namesake of the Carey Business School, is a relative to Johns Hopkins (founder of Johns Hopkins University and Hospital), a co-founder of the Gilman School, and ancestor to several founding trustees of the university and hospital. His sixth-generation decedent, William P. Carey, has been in active pursuit of establishing a business school for Johns Hopkins University since the 1950s and realized his "lifelong dream" in 2006.
History
The origins of the school can be traced back to 1909, when the "College Courses for Teachers" school was created at Hopkins. In 1925 the school changed its name to "College for Teachers", then adopted the name "McCoy College" in 1947 as it welcomed into its classrooms many World War II veterans studying on the G.I. Bill. In 1965, the school's name changed again, to "Evening College and Summer Session", until 1983, when it became known as the School of Continuing Studies. Then, in 1999, in order to more clearly reflect its two remaining major divisions, the school was renamed as the School of Professional Studies in Business and Education (SPSBE). Throughout all of these iterations, the central objective of serving the educational needs of working professionals, allowing them to complete degrees while maintaining careers, held true. Over the years, the school evolved from a teacher's college to one of nine major schools within the university, housing the majority of Hopkins' part-time academic programs. On January 1, 2007, SPSBE separated into two new schools: the Johns Hopkins University Carey Business School and the Johns Hopkins University School of Education; the latter soon rose to the status of the No. 1 ranked education school in the U.S.
This split was engendered by the late philanthropist William P. Carey's announcement on December 5, 2006 of his gift of $50 million to Johns Hopkins through his W. P. Carey Foundation, to create a freestanding business school at the university. The gift remains the largest to Hopkins in support of business education to date. The school is named in honor of Wm. Polk Carey's great-great-great-grandfather, James Carey, an 18th- and 19th-century Baltimore shipper, chairman of the Bank of Maryland, a member of Baltimore's first City Council, and a relative of university founder Johns Hopkins.
Alexander Triantis was named dean of the Carey Business School on July 1, 2019. Triantis replaces Bernard T. Ferrari who retired in July 2019 after seven years as Carey's dean.
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Harvard Business School
Harvard Business School (HBS) is the graduate business school of Harvard University in Boston, Massachusetts, United States. The school offers a large full-time MBA program, doctoral programs, HBX and many executive education programs. It owns Harvard Business School Publishing, which publishes business books, leadership articles, online management tools for corporate learning, case studies, and the monthly Harvard Business Review. Harvard's MBA program is ranked #1 in the world by Bloomberg, #1 by the Financial Times, #1 by BusinessInsider and #2 by US News and World Report and Forbes Magazine.
Harvard Business School was established in 1908, initially by the humanities faculty, it received independent status in 1910, and became a separate administrative
unit in 1913.
The first dean was historian Edwin Francis Gay (1867-1946). Yogev (2001) explains the original concept:
This school of business and public administration was originally conceived as a school for diplomacy and government service on the model of the French Ecole des Sciences Politiques.
The goal was an institution of higher learning that would offer a master of arts degree in the humanities field, with a major in business.
In discussions about the curriculum, the suggestion was made to concentrate on specific business topics such as banking, railroads, and so on... Professor Lowell said
Harvard Business School
would train qualified public administrators whom the government would have no choice but to employ, thereby building a better public administration... Harvard was blazing
a new trail by educating young people for a career in business, just as its medical school trained doctors and its law faculty trained lawyers.
The business school pioneered the development of the case method of teaching, drawing inspiration from this approach to legal education at Harvard.
Cases are typically descriptions of real events in organizations. Students are positioned as managers and are presented with problems which they need to analyse
and provide recommendations on.
From the start Harvard Business School enjoyed a close relationship with the corporate world. Within a few years of its founding many business leaders were its alumni and were hiring
other alumni for starting positions in their firms.
At its founding, Harvard Business School accepted only male students. The Training Course in Personnel Administration, founded at Radcliffe College in 1937, was the beginning of
business training for women at Harvard. HBS took over administration of that program from Radcliffe in 1954. In 1959, alumnae of the one-year program (by then known as
the Harvard-Radcliffe Program in Business Administration) were permitted to apply to join the HBS MBA program as second-years.
In December 1962, the faculty voted to allow women to enter the MBA program directly. The first women to apply directly to the MBA program matriculated in September 1963.
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3D Business School rankings
Rank | Business School | 3D Score |
---|---|---|
#1 | Harvard Business School | 98.0 |
#2 | Wharton Business School | 97.2 |
#3 | Yale School of Management | 96.5 |
#4 | Columbia School of Management | 95.2 |
#5 | Skema Business School | 94.1 |
#6 | Sloan School of Management | 92.8 |
#7 | London Business School | 92.1 |
#8 | Stanford School of Business | 91.3 |
#9 | Kellogg School of Management | 90.2 |
#10 | Haas School of Business | 89.0 |
3D MBA programs tuition costs and fees
Rank | School | Total MBA cost | 2-years tuition |
---|---|---|---|
#1 | Columbia | $168,307 | $106,416 |
#2 | Wharton | $168,000 | $108,018 |
#3 | Stanford | $166,812 | $106,236 |
#4 | Chicago Booth | $165,190 | $101,800 |
#5 | Dartmouth Tuck | $162,750 | $101,400 |
#6 | MIT Sloan | $160,378 | $100,706 |
#7 | Harvard Business School | $158,800 | $100,706 |
#8 | Stern | $157,622 | $94,572 |
#9 | Yale School of Management | $151,982 | $99,800 |