History
The school began as a Department of Commerce, that offer business courses and curriculum to students who are interested in business career. As the department expands, Emil John Hilkert began to serve as a dean for six months, although Glenn D. Overman was accountable for establishing most of the Business College programs and is generally recognized as the founding dean.
Endowed in 2003 by William Polk Carey with a $50 million pledge from the W. P. Carey Foundation, the school was renamed, "W. P. Carey School of Business", and has quickly become an internationally recognized business school for its top-notch faculty, research, services marketing, and supply chain management programs. At the time, the $50 million pledge was the second-largest single donation to any U.S. business school, according to the Association to Advance Collegiate Schools of Business.
On October 29, 2011, W. P. Carey School of Business Dean Robert E. Mittelstaedt. Jr. and ASU President Michael Crow were among those to commemorate the groundbreaking of McCord Hall, named for Arizona philanthropist Sharon Dupont McCord and the late Bob McCord. Set to open in summer 2013, McCord Hall will be a state-of-the-art 129,000 square foot facility, featuring more classrooms for graduate programs and undergraduate honors students, technologically advanced team rooms, a new career center, outdoor assembly areas, and the latest in environmental innovation. The facility will use 30% less water and 35% less energy than similar facilities, and will include a solar array that returns power to the campus grid.
The W. P. Carey School of Business and the W. P. Carey MBA are accredited by Association to Advance Collegiate Schools of Business (AACSB).
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