Purdue University Krannert School of Management

Purdue University Krannert School of Management
Name	Krannert School of Management
Established	1962
Type	Public business school
Parent	Purdue University
City	West Lafayette
State	Indiana
Country	United States
Dean	Fellowes C. Robinson (acting)
Students	~1,800 (graduate and undergraduate)

Purdue University Krannert School of Management is the business school of Purdue University located in West Lafayette, Indiana. The school offers undergraduate, graduate, and doctoral programs with emphases in management, finance, marketing, and supply chain; it is embedded in the research ecosystem of a major public land-grant research university. Krannert interacts with regional and global industry partners and governmental entities across the Midwestern United States, while its students and faculty engage with professional societies and international academic consortia.

History

Krannert traces its origins to the early 20th century expansion of Purdue University academic units, formalized with the creation of a dedicated management school in 1962 amid national growth in business education influenced by organizations such as the American Assembly of Collegiate Schools of Business and professional standards set after World War II. Early benefactors and trustees including industrialists and alumni helped shape facilities and endowments, paralleling trends at institutions like Harvard Business School, Stanford Graduate School of Business, Wharton School, Kellogg School of Management, and Sloan School of Management. Infrastructure expansions in subsequent decades aligned Krannert with regional economic development initiatives involving entities such as Cummins, Eli Lilly and Company, Navistar International, Indiana University Health, and Rolls-Royce North America, while curricular reforms reflected frameworks promoted by the Association to Advance Collegiate Schools of Business and accreditation practices similar to those of AACSB International.

Academic Programs

Krannert's portfolio includes Bachelor of Science in Management degrees, full-time MBA, evening MBA, online MBA pathways, Master of Science programs in Accounting, Finance, Economics, Management, Marketing Analytics, Industrial Administration, and PhD programs in fields such as Organizational Behavior, Operations Management, and Quantitative Methods. The school models program design against peers including MIT, University of Chicago Booth School of Business, Columbia Business School, Yale School of Management, INSEAD, and London Business School. Collaborative initiatives and dual-degree options have linked Krannert with colleges such as Purdue Polytechnic Institute, Purdue University's College of Engineering, Purdue College of Agriculture, and professional programs analogous to those at Duke Fuqua School of Business and Northwestern University. Electives and specializations encompass topics reflecting demand from firms like General Motors, Ford Motor Company, Procter & Gamble, Amazon (company), Microsoft, Google, and Intel.

Research and Centers

Krannert hosts research centers and applied institutes focusing on operations, supply chain, finance, management science, and entrepreneurship. Centers collaborate with government laboratories, corporate partners, and national consortia including linkages seen at institutions such as Argonne National Laboratory, Oak Ridge National Laboratory, National Science Foundation, and U.S. Department of Defense research programs. Faculty publish in journals like Journal of Finance, Management Science, Operations Research, Strategic Management Journal, and Journal of Marketing Research. Research areas intersect with work by scholars affiliated with Center for Disease Control and Prevention partnerships, innovation networks resembling Silicon Valley, and global trade studies involving organizations like World Trade Organization partners. Interdisciplinary labs mirror centers at Carnegie Mellon University, University of Michigan Ross School of Business, and University of Pennsylvania Wharton.

Admissions and Student Life

Admission to undergraduate and graduate programs is competitive, drawing applicants from across the United States and internationally, similar to applicant pools at University of Illinois Urbana–Champaign, Ohio State University, Michigan State University, Iowa State University, and University of Notre Dame. Krannert students participate in campus organizations, case competitions, and professional clubs that correspond with national groups such as Association for Computing Machinery, Institute for Supply Management, Financial Management Association International, and Beta Gamma Sigma. Career services connect students to internships and employer pipelines at multinationals including Deloitte, Ernst & Young, PricewaterhouseCoopers, KPMG, Accenture, and Bain & Company. Student life aligns with campus-wide traditions of Purdue University such as athletic events involving the Purdue Boilermakers and collaborations with cultural and student government bodies.

Rankings and Reputation

Krannert is evaluated by national and international rankings organizations and is frequently compared with regional public business schools like Indiana University Bloomington, University of Minnesota Carlson School of Management, University of Wisconsin–Madison School of Business, University of Illinois Gies College of Business, and Texas A&M Mays Business School. Its programs have been recognized in specialty rankings for supply chain and operations, echoing recognition received by Michigan State University supply chain programs and Massachusetts Institute of Technology logistics initiatives. Employer surveys and alumni outcomes draw interest from companies such as Boeing, Lockheed Martin, Raytheon Technologies, Siemens, and ABB.

Notable Alumni and Faculty

Alumni and faculty have held leadership roles across industry, government, and academia, with career paths intersecting with organizations such as General Electric, ExxonMobil, Bank of America, JPMorgan Chase, Goldman Sachs, Federal Reserve Bank of Chicago, Indiana State Government, and international firms like Toyota Motor Corporation. Faculty have included authors and scholars who publish alongside contemporaries from Harvard University, Princeton University, Columbia University, University of California, Berkeley, and London School of Economics. Notable alumni networks collaborate with professional associations including National Association of College and University Business Officers, Council on Foreign Relations, and sectoral groups similar to Association for Financial Professionals.

Category:Business schools in Indiana Category:Purdue University