The Marriott School of Business is the business school of Brigham Young University (BYU), a private university owned by the Church of Jesus Christ of Latter-day Saints (LDS Church) and located in Provo, Utah, United States.
Many Marriott School students obtain a level of foreign language proficiency while serving as LDS Church missionaries.
In 1891, Brigham Young Academy, the predecessor to BYU, formed the Commercial College, which offered coursework in business education.
"[8] By 1935, the church regained its financial footing and provided more aid to BYU, and the school grew slowly over the next ten years.
The business college subsequently began offering master's degrees in 1939;[5] however, the programs were hit hard beginning in 1941 when its enrollment (particularly that of men) dropped due to U.S. involvement in World War II.
[5] A Master of Business Administration (MBA) program was added in 1961, and the school formed its National Advisory Council in 1966.
By 1998, the school's endowment had reached $40 million and the Institute of Public Management was renamed in honor of George W. Romney, who during his lifetime served as chairman of American Motors Corporation, Governor of Michigan, and U.S. Secretary of Housing and Urban Development.
[20] That same year the CESR also participated in the production of the microcredit documentary Small Fortunes, which aired nationwide on October 27, 2005, on PBS.
Both the LDS Church and BYU, as tax-exempt, nonprofit organizations, are prohibited by federal law from endorsing a particular candidate or political party.
[26] Also during this year, the Finance Department was formed in an effort to strengthen curriculum and placement;[27] the Center for Entrepreneurship and Technology was created in honor of former Dell CEO Kevin Rollins and his wife, Debra;[28] and administrators announced the addition of a Recreation Management and Youth Leadership (RMYL) Department to the school.
[30] The Marriott School is located on the campus of BYU, which is situated in the urban, Wasatch Front area of Provo, Utah.
[31][32] At the groundbreaking for the building on November 8, 1980, "explosives that were used to remove the soil showered unsuspecting spectators with dust and pebbles.
[33] Today, the seven-story, 120,000 square feet (11,000 m2) granite building houses Marriott School classrooms as well as professor and administration offices.
A 76,000 square feet (7,100 m2) addition, costing $43 million and funded by donations, was dedicated on October 24, 2008, by alumnus Thomas S.
The school houses student chapters for national associations including the Society for Human Resource Management, the Collegiate Entrepreneurs' Organization, Rotaract, and Net Impact.
MBA students choose a major (Finance, Marketing, Supply Chain Management, OBHR, or Product Development) and a minor (Entrepreneurship, International Business, Strategy) if desired.
[51] All undergraduates must also complete a one-semester mentoring program where each student selects a Marriott School alumnus to converse with over the course of the semester.
[64] The undergrad program was also ranked #2 for return on investment (BusinessWeek, 2013)[65] and #2 for its emphasis on ethics (The Wall Street Journal, 2007).
In addition to essays and pre-baccalaureate academics, students are evaluated on performance in 13 credit hours of "pre-management" coursework at BYU.
"[83] All students must adhere to the university's honor code, which prescribes standards of morality, dress and grooming, academic honesty, and drug and alcohol non-consumption.
Undergraduate students must also take 14 credit hours of religion courses in order to fulfill the university's religious education requirement for graduation.
"[88] Additionally, a BYU student team was #3 at the 2007 International Venture Capital Investment Competition finals, finishing behind MIT and the University of Virginia.
[16] Faculty have included former Academy of Management president David Whetten,[90] WordPerfect co-founder Alan Ashton, FranklinCovey co-founder Stephen Covey,[91] University of Oxford professor Teppo Felin, and Steve Albrecht, former President of the Association of Certified Fraud Examiners and of the American Accounting Association.
[94] Gary Cornia also received the 2006 Stephen D. Gold Award from the Association for Public Policy Analysis and Management,[95] while Chyleen Arbon was appointed to the Utah Advisory Committee to the U.S. Commission on Civil Rights.
[97] Top recruiters include Ernst & Young, PricewaterhouseCoopers, Deloitte & Touche, KPMG, HP, Intel, Cisco, and Goldman Sachs.
[79][98] There is also a strong contingency of Marriott School alumni who pursue a career in academia, with BYU being ranked #8 nationally for the number of students who go on to earn PhDs.
[100] Alumni of the Marriott School of Management who are prominent in business include Citigroup CFO Gary Crittenden 1976,[101][102] former Dell CEO Kevin Rollins 1984,[103] former Intermountain Health Care CEO Bill Nelson '67,[104] and Krispy Kreme president Jeffrey B. Welch '84.
[105][106] In education, Alison Davis-Blake '82 is president of Bentley University,[107] John Grout '84 is Dean of the Campbell School of Business at Berry College.
[108][109] Alumni in other fields include Thomas S. Monson '74, former president of The Church of Jesus Christ of Latter-day Saints and chairman of the BYU Board of Trustees,[110] violinist Lindsey Stirling '15,[111] and three-time NFL Super Bowl champion Bart Oates '82.
The fourfold mission of the society is networking, career development, supporting BYU and the Marriott School, and community service.