The college is directly managed by a Dean (currently Dr. Brian Gillespie), who is advised by a National Board of Advisors composed of alumni and other business professionals.

[8] The secretarial and business options maintained a strong attraction for years, but in time, Leona Barnes, Bernice Lamb, John Blankenhorn, Alfred Day, and Harvey Larson presided over the transition to a truly professional business curriculum.

[8] While general business remained the most popular option, accounting attracted an increasing number of students.

In 1975, the core areas of the school were realigned and emphasis was placed on accounting, finance, management, marketing, and international trade.

When data became available in the early 1980s, it was discovered that Harold Holen's accounting program had achieved top rankings nationwide in the percentage of students taking and passing the CPA exam.

[9] In October 2011, the university announced what was then the largest private gift in the history of the Montana higher education system─$25 million from MSU alumnus Jake Jabs, president and CEO of American Furniture Warehouse.

[10] Eighteen and a half million dollars of the gift went toward the construction of a new building, Jabs Hall.