Endowment more than $50 million Undergraduate tuition and fees 42,000 USD (2013) Phone +1 410-234-9220 | Established 2007 Founded 2007 | |
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Academic staff 87 full-time, Approx. 33 part-time Postgraduates 1,150 full-time, 923 part-time Address 100 International Drive, Balti, MD 21202, USA Similar Johns Hopkins University, Peabody Institute, The Johns Hopkins University, University of Maryland, Sellinger School of Business Profiles | ||
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 joint 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).
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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 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.
The current dean of Carey Business School is Bernard T. Ferrari.
Initiatives
In August 2010, the Carey Business School launched its signature full-time Global MBA Program designed to "reinvent" the traditional approach to MBA education and embody the school's mission of "Teaching Business with Humanity in Mind." Since then, the Executive MBA and several full-time Masters of Science degrees were added. The full-time MS degree concentrations include Real Estate and Infrastructure, Health Care Management, Enterprise Risk Management, Finance, and Marketing. The school also offers part-time Flex MBA and Master of Science degrees in Finance, Marketing, Real Estate and Infrastructure, Health Care Management, Finance, Marketing, and Information Systems. Certificate programs are offered in Financial Management and Investments. An online graduate certificate in the Business of Health Care was added in 2014.
The school counts as one of its major strengths its developing partnerships and collaborations with other Johns Hopkins schools, including the School of Medicine and Bloomberg School of Public Health, plus the Johns Hopkins School of Nursing, Whiting School of Engineering, and Zanvyl Krieger School of Arts and Sciences. From these partnerships have come a number of joint-degree MBA programs, including the MBA/MS in Nursing, the MBA/MS in Biotechnology, the MBA/MA in Government, and the MBA/MA in Communication. Also available from the school and administered jointly with the School of Medicine is the MBA in Medical Services Management; and, with the Bloomberg School of Public Health and on a full-time basis, the MBA/Master of Public Health. In 2012, Carey began offering a MBA/MA in Design Leadership, in collaboration with the Maryland Institute College of Art.
The Carey Business School hosts the annual Johns Hopkins Symposium on Healthcare Operations, a multidisciplinary forum bringing together leading business school, engineering school, and mathematics scholars, medical doctors, and health policy makers to share the latest advances in operations research applied to healthcare, and promote dialogues among academics, practitioners, and policy makers.
The Carey Business School continues to undergo significant institutional development, hiring additional full-time faculty and exploring new course and program offerings.
Academics
The Carey Business School's flagship program is the full-time Global MBA.
The Carey Business School also offers distinctive Master of Science degrees that cover several specialities in innovative formats. They are offered as both full-time or part-time programs. Master's students, upon completing their degrees at Carey, also have the option of earning an MBA in only 36 additional credits.
Accredited by AACSB
Campus
The school has several campus locations in the Baltimore-Washington, D.C. corridor, including:
Rankings
In 2015, the Eduniversal Business School Palm League Rankings deemed the Carey Business School as being the 5th ranked institution nationally in its 4 Palms of Excellence category, which is reserved for "top business schools with strong global influence." The ranking places the Carey Business School No. 27 in the U.S.
The Best-Masters Eduniversal World Masters Rankings have placed the Carey Business School's MBA/MA in Government at No. 6, M.S. in Information Systems at No. 15, M.S. in Marketing degree at No. 16, Global MBA at No. 18, M.B.A. in Medical Services Management at No. 32, M.S. in Finance at No. 34, and M.S. in Real Estate and Infrastructure at No. 29, respectively.
In 2012, the QS Global 200 Business Schools Report, released annually by Quacquarelli Symonds based on major global employers' votes, ranked the Carey Business School No. 45, up from No. 52 in 2011. The same report ranked Carey No. 29 in the world for Corporate Social Responsibility. The report classified Carey as an "elite regional business school," meaning that it is among one of the "younger institutions that, having established an excellent reputation among employers within their region, will be looking to establish their brand as one with a truly global reach."
Publication
Carey publishes Carey Business magazine targeting its alumni, students, faculty, and staff. In April 2014, Carey launched Changing Business, a biannual magazine highlighting faculty research.