Virginia Tech Pamplin College of Business

The R.B. Pamplin College of Business (commonly known as Pamplin College of Business or Pamplin), is Virginia Tech's business school. Founded in 1965, it has more than 41,000 alumni. The current Dean is Robert Sumichrast. In 1986 the college was renamed following a donation from alumnus Robert B. Pamplin and his son Robert B. Pamplin Jr..[2]

R.B. Pamplin College of Business
TypePublic business school
Established1965
Parent institution
Virginia Tech
Endowment$1.04 billion (parent institution)[1]
DeanRobert Sumichrast
Undergraduates3,845
Postgraduates389
Location
Arlington
Blacksburg
Falls Church
Richmond
Roanoke
,
Virginia
,
USA
Websitewww.pamplin.vt.edu

The college offers three different kinds of Master of Business Administration (MBA) degrees, three different Master of Science in Business Administration (MSBA) degrees, and a Master of Accounting and Information Systems (MACIS) degree. In addition, Pamplin offers two Ph.D. degrees, non-degree executive development programs, and majors and minors for undergraduate students. Pamplin jointly offers a Master of Information Technology (MIT) degree with the Virginia Tech College of Engineering.[3] The most recent national U.S. News and World Report rank shows Pamplin's undergraduate program is 23rd among public institutions and the Evening MBA Program is ranked 16th overall.[4] As of 2015 Pamplin accounts for approximately 20 percent of all business degrees awarded from Virginia's 14 senior public institutions.[5]

History
  • 1925 First bachelor's degree in business offered
  • 1931 First master's degree in business offered
  • 1961 School of Business is established
  • 1965 The school became an official college of Virginia Tech
  • 1966 College of Business accredited by American Association of Collegiate Schools of Business (AACSB)
  • 1969 Master of Accountancy program is established
  • 1980 Department of Business Administration was divided into separate departments
  • 1983 Evening MBA program is established
  • 1986 College of Business receives a donation and is renamed after Robert B. Pamplin and his son
  • 1996 Executive MBA program is established
  • 2002 Pamplin College of Business starts offering hospitality and tourism programs
  • 2007 Diversity Center is established
  • 2013 Apex Systems Center for Innovation and Entrepreneurship is established
  • 2014 Center for Business Intelligence and Analytics is established
  • 2015 Pamplin celebrates 50th Anniversary as a college[6]

Academics

Pamplin offers undergraduate, graduate, and doctoral programs on Virginia Tech's Blacksburg campus. In addition the college offers MBA programs in Northern Virginia, Richmond, and Roanoke. The undergraduate program offers majors in accounting, business information technology, economics, finance, hospitality, information systems, management, marketing, real estate, and tourism management.[7] Minors are offered in: Applied Business Computing, Business Diversity, Entrepreneurship, International Business, Leadership, Multicultural Diversity Management, and Professional Sales.[8] Pamplin offers study-abroad opportunities for both graduate and undergraduate students. Pamplin students can attend Virginia Tech's Center for European Studies and Architecture in Riva San Vitale, Switzerland, and other European universities offer opportunities as well.[9]

Rankings
U.S. News & World Report rankings
Master of Information Technology2
Evening Master of Business Administration7
Public Undergraduate Program23
Overall Undergraduate Program39

Pamplin is a highly regarded business school and is one of a handful of core recruiting schools for some of the nation's most selective firms. Current rankings by the U.S. News & World Report and Bloomberg Businessweek:

  • Master of Information Technology degree: 2nd overall in the nation according to the 2017 U.S. News and World Report.[10]
  • Evening MBA program: 7th overall in the nation according to the 2017 U.S. News and World Report.[11]
  • The Undergraduate program ranks No. 39 overall and No. 23 among the public institutions according to U.S. News & World Report.[12]
  • Undergraduate program ranked No. 52 overall, No. 24 by employers, Bloomberg Businessweek, 2013.[13]

Departments

Pamplin has several academic departments/schools:

  • Accounting and Information Systems[14]
  • Business Information Technology[15]
  • Economics[16]
  • Finance, Insurance, and Business Law[17]
  • Hospitality and Tourism Management[18]
  • Management[19]
  • Marketing[20]
  • The Program in Real Estate[21]

Academic centers

Pamplin has a number of "academic centers" .[22]

  • Apex Systems Center for Innovation and Entrepreneurship
  • Center for Business Intelligence and Analytics
  • Center for Leadership Studies
  • Business Diversity Center
  • Business Leadership Center

Career placement

Pamplin maintains a high job placement for its graduates.[23] According to PayScale's 2015–2016 report, Pamplin's MBA graduates have an average mid career salary of $125,000.[24]

Programs offered

The range of programs offered by Pamplin includes:[25]

Doctorate programs
Pamplin Hall on the Main Campus where undergraduate, graduate, and doctoral students typically have classes.

Graduate programs

Undergraduate programs
  • Majors
    • Accounting and Information Systems
    • Business Information Technology
    • Economics
    • Finance
    • Hospitality and Tourism Management
    • Management
    • Marketing
    • Real Estate
  • Minors
    • Applied Business Computing
    • Leadership
    • Entrepreneurship-New Venture Growth
    • International Business
    • Multicultural Diversity Management
    • Professional Sales
    • Business Diversity

Campus locations
See also: Campus of Virginia Tech
  • Pamplin offers undergraduate majors/minors, graduate programs, and doctoral programs on the Blacksburg campus at Pamplin Hall and Wallace Hall
  • Pamplin offers graduate and professional programs in the Washington metropolitan area, Richmond metropolitan area, and Roanoke metropolitan area.

Metro for Students in Washington metropolitan area

Graduate and Professional programs are located near Washington National Airport and Dulles International Airport which are located within the Washington metropolitan area. These programs are served by off-campus stops on the Washington DC Metro.

Leadership

The following is a list of deans of the college:[26]

DeanTenure
Herbert H. Mitchell1965-1982
Richard E. Sorensen1982-2013
Robert T. Sumichrast2013–Present

Clubs and Organizations

Some of the most popular clubs are the Accounting Society, BASIS (Bond And Securities Investing by Students), Beta Alpha Psi, Business Technology Club, Business Horizons, Delta Sigma Pi, Hospitality Management Association, Virginia Tech Management Society, National Association of Black Accountants, Pi Sigma Epsilon, Society for Human Resource Management, Student-Managed Endowment for Educational Development, and the American Marketing Association:[27]

Alumni Relations

The Pamplin College of Business Alumni Association is an alumni organization for former students of the college.[28] In total 24,185 alumni live in Virginia, and 41,738 reside Domestically and Internationally.[29]

The Pamplin Advisory Council was founded in 1969 and was chartered to offer ideas and guidance to the dean of the college. In addition, the council assists with connecting the college with the business community.[30] Currently there are over 70 member on the council.[31]

The college publishes a business magazine, Virginia Tech Business Magazine [32]

Notable alumni
See also: List of Virginia Tech alumni
General Lance Smith
  • Robert B. Pamplin (business administration 1933) was the president and chairman of the board of Georgia-Pacific and the founder of R.B. Pamplin Corporation in Portland, Oregon.
  • Thomas C. Richards (general business 1956) is a former General in the United States Air Force and the former chief of staff of the Supreme Headquarters Allied Powers Europe.
  • Lance L. Smith (business administration 1969) is a former General in the United States Air Force who served as the Commander, U.S. Joint Forces Command, Norfolk, Virginia, and NATO Supreme Allied Commander for Transformation from November 10, 2005 to November 9, 2007.
  • Dave Calhoun (accounting 1979) is the chief executive officer of Boeing.
  • Vahan Janjigian (MBA 1982; Ph.D. finance 1985) is the chief investment strategist at Forbes, vice president and executive director of the Forbes Investors Advisory Institute, and editor of the Forbes Growth Investor and Special Situation Survey investment newsletters.[33]
  • Wayne Robinson (finance 1980) is a retired American basketball player.
  • Bridget Berman (business administration 1982) is the chief executive officer of Victoria's Secret, the independent director of Tanger Factory Outlet Centers Inc., and a director of J Crew Operating Corp. She has also held positions in companies such as, Giorgio Armani Corporation, Apple Computer, Inc., and Polo Ralph Lauren Corp.[34]
  • Robert B. Pamplin, Jr. is the chairman, president, and CEO of the R.B. Pamplin Corporation. The Pamplin College of Business at Virginia Tech and the Pamplin School of Business at the University of Portland are named in his honor.

See also

References
  1. "Factbook: Financial Overview". Virginia Tech Foundation. Retrieved October 31, 2015.
  2. "History of R.B. Pamplin Corp. – FundingUniverse". www.fundinguniverse.com.
  3. "About the joint partnership".
  4. "US News Rankings".
  5. "Percent of Virginia business degree info".
  6. "History of College".
  7. "Undergraduate Programs". pamplin.vt.edu.
  8. "Undergraduate Catalog--Pamplin College of Business". www.undergradcatalog.registrar.vt.edu.
  9. "International Programs". international.pamplin.vt.edu.
  10. "MIT US News Ranking".
  11. "Evening MBA Ranking".
  12. "Undergraduate US News Ranking".
  13. "Undergraduate Bloomberg Ranking".
  14. Virginia Tech - Accounting and Information Systems
  15. Virginia Tech - Business Information Technology
  16. Virginia Tech - Economics
  17. Virginia Tech - Finance, Insurance, and Business Law
  18. Virginia Tech - Hospitality and Tourism Management
  19. Virginia Tech - Management
  20. Virginia Tech - Marketing
  21. Virginia Tech - The Program in Real Estate
  22. "About the Centers".
  23. "Bright job outlook for business graduates this year, say Pamplin career services staff". www.vtnews.vt.edu.
  24. "Best Schools by Type - College Salary Report".
  25. "Programs Offered".
  26. "List of Deans".
  27. "Pamplin's student organizations".
  28. "About the alumni association".
  29. "About the Alumni".
  31. "Planning the job search - Pamplin Spring '11". www.magazine.pamplin.vt.edu.
  32. "Virginia Tech Business Spring '15". www.magazine.pamplin.vt.edu.
  33. Michael Maiello (1 July 2010). "Vahan Janjigian". Forbes.
  34. "Bridget M. Ryan-Berman". Businessweek.com.
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