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Mason School of Business

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The Raymond A. Mason School of Business
Mason logo.JPG
TypePublic
Established1919
Renamed Raymond A. Mason School of Business in 2014
DeanTodd Mooradian
Location, ,
Websitemason.wm.edu

Coordinates: 37°15′59″N 76°43′06″W / 37.2663°N 76.7183°W / 37.2663; -76.7183

Front Walkway
Front Walkway
Iron Gate to Courtyard
Iron Gate to Courtyard

The Raymond A. Mason School of Business is the business school at William & Mary in Virginia. The school, named after alumnus and founder of Legg Mason, Raymond A. "Chip" Mason, in 2005,[1] was ranked in the top 20 MBA programs in 2007[2] and the top 10 undergraduate programs among public universities.[3] The school offers Full-time MBA, Part-time MBA, Executive MBA, Masters in Accounting, Master of Science in Business Analytics and Undergraduate Business Degrees.

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Geographic coordinate system

Geographic coordinate system

The geographic coordinate system (GCS) is a spherical or ellipsoidal coordinate system for measuring and communicating positions directly on the Earth as latitude and longitude. It is the simplest, oldest and most widely used of the various spatial reference systems that are in use, and forms the basis for most others. Although latitude and longitude form a coordinate tuple like a cartesian coordinate system, the geographic coordinate system is not cartesian because the measurements are angles and are not on a planar surface.

College of William & Mary

College of William & Mary

The College of William & Mary is a public research university in Williamsburg, Virginia. Founded in 1693 by a royal charter issued by King William III and Queen Mary II, it is the second-oldest institution of higher education in the United States and the ninth-oldest in the English-speaking world. It is classified among "R2: Doctoral Universities – High Research Activity". In his 1985 book Public Ivies: A Guide to America's Best Public Undergraduate Colleges and Universities, Richard Moll included William & Mary as one of the original eight "Public Ivies".

Virginia

Virginia

Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States between the Atlantic Coast and the Appalachian Mountains. Its geography and climate are shaped by the Blue Ridge Mountains and the Chesapeake Bay. The state's capital is Richmond. Its most-populous city is Virginia Beach, and Fairfax County is the state's most-populous political subdivision. Virginia's population in 2022 was over 8.68 million, with 35% living within in the Greater Washington metropolitan area.

Legg Mason

Legg Mason

Legg Mason was an American investment management and asset management firm headquartered in Baltimore, founded in 1899 and acquired by Franklin Templeton Investments as of July 2020. As of December 31, 2019, the company had $730.8 billion in assets under management, including $161.2 billion in equity assets, $420.2 billion in fixed income assets, $74.3 billion in alternative assets, and $75.1 billion in liquidity assets.

History

In 1919, William & Mary President Julian A.C. Chandler established the Department of Business while expanding the University's sphere of services. The study of business grew in popularity over the 20th Century, with substantial growth after the end of World War II.

The University established the Master of Business Administration (MBA) Program in 1966. In 1968 the Department of Business became the School of Business, and in 1971, the College's Board of Visitors approved the addition of the Bachelor of Business Administration (BBA) undergraduate degree. The Mason School of Business is an AACSB-accredited school of business.

Graduate programs

Full-time MBA

The full-time MBA program, a 22-month program offering instruction in entrepreneurship, finance, general management, marketing, information technology and operations management.[4] The program hosts a distinguished speaker series, organizes visits to various corporations, and facilitates internal and external case competitions, as well as cultural festivities, philanthropy and sustainability initiatives.[5]

Student Lounge
Student Lounge

The Raymond A. Mason School of Business ranked #47 (tied) in the 2023 edition of the U.S. News rankings.[6] In the same year, Mason's MBA program was ranked #41 by Bloomberg Businessweek[7] In 2019, Mason's MBA program was ranked #44 by Forbes.[8] In 2021-2022, Mason's MBA program was ranked #52 by Poets & Quants.[9]

Online MBA

Flex MBA

For the working professional, the school's Executive and Professional Programs (EPP) provides graduate business and continuing business education (non-degree) in a variety of formats:

The Flex MBA, established in 1985, is located at the Peninsula Center in the Oyster Point area of Newport News; the Executive MBA program, established in 1986, is a 20-month program for executives with classes on every two weeks on Friday and Saturday.[4]

Masters in Accounting

The Master's in Accounting program (MAcc), is a one-year program that provides the necessary credit hours and curricular requirements to be eligible to sit for the CPA exam.[4]

As of mid-2015, the program ranked #20 nationally according to LinkedIn. The site bases its rankings on recent graduate's success in landing desirable accounting jobs.[10]

Master of Science in Business Analytics

The MS in Business Analytics is a new 1-year, accelerated program.

Undergraduate

The Bachelor's in Business Administration program (BBA) is a two-year program within William & Mary that provides undergraduate business education in five majors: Accounting, Finance, Marketing, and Business Analytics. Students who major in Business are also eligible to concentrate (mini-major) in any of the major fields, plus Entrepreneurship and Consulting. It additionally provides minors in the above-mentioned majors and Management.

Grand Atrium
Grand Atrium

According to 2016 rankings, William & Mary's undergraduate program was ranked #12 by Bloomberg. Niche ranked the undergraduate program #26 nationally in 2017 while U.S. News ranked Mason #42. In 2019, Bloomberg Businessweek named the Mason School #34 in the nation for an overall score.

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College of William & Mary

College of William & Mary

The College of William & Mary is a public research university in Williamsburg, Virginia. Founded in 1693 by a royal charter issued by King William III and Queen Mary II, it is the second-oldest institution of higher education in the United States and the ninth-oldest in the English-speaking world. It is classified among "R2: Doctoral Universities – High Research Activity". In his 1985 book Public Ivies: A Guide to America's Best Public Undergraduate Colleges and Universities, Richard Moll included William & Mary as one of the original eight "Public Ivies".

Accounting

Accounting

Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non-financial information about economic entities such as businesses and corporations. Accounting, which has been called the "language of business", measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. Practitioners of accounting are known as accountants. The terms "accounting" and "financial reporting" are often used as synonyms.

Finance

Finance

Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, which is the study of production, distribution, and consumption of money, assets, goods and services . Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance.

Marketing

Marketing

Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer. Sometimes tasks are contracted to a dedicated marketing firm or advertising agency. More rarely, a trade association or government agency advertises on behalf of an entire industry or locality, often a specific type of food, food from a specific area, or a city or region as a tourism destination.

Entrepreneurship

Entrepreneurship

Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones.

Campus

The business school is housed on the main campus of William and Mary in Williamsburg. The Mason School of Business moved into its new building, Alan B. Miller Hall, in fall 2009. Miller Hall was named for William & Mary alumnus, Alan B. Miller. It is located at the Corner of Ukrop Way and Jamestown Road at the western edge of campus. The building was designed by Robert A.M. Stern Architects in the Georgian style.[11]

Notable alumni

Name Year Notability Ref.
Lewis Glucksman 1945 Wall Street trader; former CEO of Lehman Brothers [12]
Todd Howard 1993 Executive producer and game director of Bethesda Softworks [13]
Raymond A. Mason 1959 Founder and CEO of investment firm Legg Mason, Inc.; namesake of William & Mary's Mason School of Business [12]
Alan B. Miller 1958 Founder and CEO of United Health Services, Inc.; namesake of Miller Hall, home of the Mason School of Business [12]
C. Michael Petters 1993 President and CEO of Huntington Ingalls Industries [14]
Joe Plumeri 1966 Chairman & CEO of Willis Group Holdings, and owner of the Trenton Thunder; namesake of William & Mary's Plumeri Park [15][16]
Paul C. Saville 1977 President and CEO of NVR, Inc. [17]
Pete Snyder 1994 CEO of Disruptor Capital, Founder of New Media Strategies [18]
Jeffrey Trammell 1973 Past President of W&M's Board of Visitors, founded Trammell and Company [19]
Walter J. Zable 1937 Cubic Corporation Director, Chairman of the Board, President and CEO since 1951; namesake of the school's Walter J. Zable Stadium [20]

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Lewis Glucksman

Lewis Glucksman

Lewis L. Glucksman was a former Lehman Brothers trader and former chief executive officer and chairman of Lehman Brothers, Kuhn, Loeb Inc.

Lehman Brothers

Lehman Brothers

Lehman Brothers Inc. was an American global financial services firm founded in 1847. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States, with about 25,000 employees worldwide. It was doing business in investment banking, equity, fixed-income and derivatives sales and trading, research, investment management, private equity, and private banking. Lehman was operational for 158 years from its founding in 1850 until 2008.

Bethesda Softworks

Bethesda Softworks

Bethesda Softworks LLC is an American video game publisher based in Rockville, Maryland. The company was founded by Christopher Weaver in 1986 as a division of Media Technology Limited, and in 1999 became a subsidiary of ZeniMax Media. In its first fifteen years, it was a video game developer and self-published its titles. In 2001, Bethesda spun off its own in-house development team into Bethesda Game Studios, and Bethesda Softworks retained only its publishing function. In 2021, Microsoft purchased ZeniMax, maintaining that the company will continue to operate as a separate business.

Legg Mason

Legg Mason

Legg Mason was an American investment management and asset management firm headquartered in Baltimore, founded in 1899 and acquired by Franklin Templeton Investments as of July 2020. As of December 31, 2019, the company had $730.8 billion in assets under management, including $161.2 billion in equity assets, $420.2 billion in fixed income assets, $74.3 billion in alternative assets, and $75.1 billion in liquidity assets.

Alan B. Miller

Alan B. Miller

Alan B. Miller is an American businessman who is the founder of Universal Health Services, and currently serves as the company's executive chairman. Miller founded the company in 1979 and it has grown to become a large provider of hospital and healthcare services in the US and the UK. In 2022, UHS had revenues of $13.4 billion. In September 2020, UHS announced that, consistent with the company's long-standing succession plan, Alan B. Miller would step down as CEO.

C. Michael Petters

C. Michael Petters

Clement Michael Petters is president and CEO of Huntington Ingalls Industries, an American military shipbuilding company.

Huntington Ingalls Industries

Huntington Ingalls Industries

HII is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII, ranked No. 371 on the Fortune 500, was formed on March 31, 2011, as a spin-off of Northrop Grumman.

Plumeri Park

Plumeri Park

Plumeri Park is the College of William & Mary Tribe baseball team's home stadium located in Williamsburg, Virginia. It has been in use since 1999. Joseph J. Plumeri II, a William & Mary alumnus and former Tribe baseball player who is Chairman & CEO of Willis Group Holdings, funded most of the construction costs, thus the park is named after him. Plumeri Park is a baseball-only facility and it includes a state of the art scoreboard, a 10-foot artificial turf halo behind the home plate area, locker rooms, a press box, concession space, a grandstand, and covered and outdoor batting cages. It seats up to 1,000 people and has stadium lights, enabling the Tribe to host night games. The park's inaugural game was on March 20, 1999, with the William and Mary Tribe hosting the Penn State Nittany Lions and winning 16–10.

Paul C. Saville

Paul C. Saville

Paul C. Saville is an American businessman, and President and CEO of NVR, Inc.

Pete Snyder

Pete Snyder

Pete Snyder is an American entrepreneur and marketing executive who is best known as the founder and former chief executive officer of New Media Strategies (NMS), a social media marketing agency that he started in 1999. Snyder stepped down as CEO of NMS in 2011 and founded the angel investment firm Disruptor Capital in 2012. Snyder unsuccessfully ran in the Republican Primary for Lieutenant Governor of Virginia in 2013. Snyder declined to run for the Republican nomination for governor in 2017, instead chairing the campaign of Ed Gillespie.

New Media Strategies

New Media Strategies

New Media Strategies (NMS) was a social media agency headquartered in Arlington, Virginia. The company was founded in 1999 by Pete Snyder, and as of 2011 has 120 employees. NMS is known as one of the first companies to strictly focus on social media as a form of marketing communications, and is "the largest social media agency in the world" according to The Washington Post. It is a subsidiary of Meredith Corporation, a Fortune 500 media company which acquired NMS in 2007.

Jeffrey Trammell

Jeffrey Trammell

Jeffrey Bevis Trammell is an American public affairs consultant and higher education official. He has served as an advisor to U.S. presidential candidates and as Rector of the College of William & Mary.

Source: "Mason School of Business", Wikipedia, Wikimedia Foundation, (2023, March 19th), https://en.wikipedia.org/wiki/Mason_School_of_Business.

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References
  1. ^ "The College of William and Mary School of Business Now the Mason School of Business". College of William & Mary. November 11, 2005. Retrieved 2007-05-28.
  2. ^ "Which MBA Online". Economist Magazine. 2007. Retrieved 2007-05-28.
  3. ^ BusinessWeek: Undergraduate Business Program of The Mason School of Business at The College of William and Mary Among the Best in the U.S., College of William & Mary, March 9, 2007
  4. ^ a b c "Business School Overview". USNews.com. Retrieved 11 April 2012.
  5. ^ "Mason School of Business, College of William & Mary". TopMBA. Retrieved 11 April 2012.
  6. ^ https://www.usnews.com/best-graduate-schools/top-business-schools/college-of-william-and-mary-01229
  7. ^ https://www.bloomberg.com/business-schools/regions/us/
  8. ^ https://www.forbes.com/colleges/college-of-william-and-mary/mason-school-of-business/?sh=325bda3c7987
  9. ^ https://poetsandquants.com/2021/12/27/poetsquants-2021-2022-mba-ranking-its-stanford-again-at-the-top/5/
  10. ^ "Best Graduate universities for Accounting Professionals". LinkedIn. Retrieved 16 May 2015.
  11. ^ "Robert A.M. Stern Architects, LLP". www.ramsa.com. Retrieved 2017-02-02.
  12. ^ a b c "William & Mary Alumni → Notable Alumni". The College of William & Mary Alumni Association. 2008. Archived from the original on January 31, 2009. Retrieved July 5, 2009.
  13. ^ Wangrycht, Gina M. (Spring–Summer 2004). "King of a Virtual Fantasy World: Todd Howard '93". William & Mary Alumni Magazine. 69 (3/4). Archived from the original on October 3, 2011. Retrieved July 10, 2009.
  14. ^ "Mike Petters MBA '93". Raymond A. Mason School of Business. Retrieved 9 February 2023.
  15. ^ "Plumeri Park" Archived May 17, 2009, at the Wayback Machine, TribeAthletics.com, accessed July 16, 2010
  16. ^ McGeehan, Patrick (December 17, 2000). "Private Sector–A Wall St. Son at Nasdaq's Table". The New York Times. Retrieved July 15, 2010.
  17. ^ "Paul C. Saville, CEO Compensation". Forbes.com. Archived from the original on May 8, 2006. Retrieved July 10, 2009.
  18. ^ "William & Mary - Peter A. Snyder". Archived from the original on April 28, 2012. Retrieved 2013-03-13.
  19. ^ "Jeffrey B. Trammell '73 elected Rector of the College". www.wm.edu.
  20. ^ "Walter J. Zable, CEO Cubic". Forbes.com. Archived from the original on 2012-04-29. Retrieved 2017-12-09.

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