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Haas School of Business

Motto	New Thinking for the New Economy
Type	Public business school
Established	1898
Parent institution	University of California, Berkeley
Dean	Richard Lyons
Academic staff	209[1]
Undergraduates	700[1]
Postgraduates	1,564[1]
Doctoral students	80[1]
Location	Berkeley, California, USA
Website	www.haas.berkeley.edu

The Walter A. Haas School of Business, also known as the Haas School of Business or Berkeley Haas, is one of 14 schools and colleges at the University of California, Berkeley.

The school is housed in four buildings surrounding a central courtyard on the southeastern corner of the UC Berkeley campus. It was the nation's first business school at a public university and is included in the top ten business schools rankings in The Economist, Financial Times, and US News & World Report.^[2]

History^[3]

The Haas School of Business was first established as the College of Commerce of the University of California in 1898.^[4] The University of California charter, adopted in 1868, included among its goals the study of commerce. University Regents Arthur Rodgers, A.S. Hallidie and George T. Marye Jr. later proposed the establishment of a College of Commerce. The new college was founded on September 13, 1898, when Cora Jane Flood, daughter of industrialist and University of California Regent James C. Flood, donated land (worth one million dollars at the time)^[5] to the university specifically to support the study of commerce. The school was one of the first business schools in the United States and the first at a public university.

The college’s first faculty members included some American pioneers in the field of business. Simon Litman taught the first course in marketing between 1902 and 1908. Adolph Miller, who was the Flood Professor of the Political Economy and Commerce from 1903 to 1915, later served on the first Board of Governors of the Federal Reserve System. Wesley Clair Mitchell, who taught at Berkeley from 1905 to 1913, is known as the father of the business cycle analysis. Charles Staehling taught accounting at the college from 1921–51 and was known for adding a theoretical framework to the praxis-oriented teaching of accounting principles. Henry Mowbray, who taught from 1910 to 1948, wrote the first college textbook on insurance.

The College of Commerce was founded in the liberal arts tradition, drawing on faculty from other disciplines on campus. Carl C. Plehn was appointed the first dean of the new college in 1898. Plehn, a finance professor educated in Germany, drafted the college's first curriculum for a Bachelor of Science degree. The initial course offerings covered legal studies, political studies, political economy, and historical studies, including The History of the Institution of Private Property, History and Principles of Commercial Ethics, and the History of Commerce in All Countries and at Every Age. Plehn proposed changes to the curriculum in 1915 to give it a more professional focus. The proposal, adopted after World War I, established a program that included two years of liberal arts education followed by junior and senior year commerce study, a pattern still used for the undergraduate program today.

Henry Rand Hatfield, a pioneer in accounting and an early entrant in the Accounting Hall of Fame, became the second dean of the college in 1916. Hatfield had been hired by the University of California in 1904 as the first full-time accounting professor in the country. Hatfield played a leading role in the founding of the Association to Advance Collegiate Schools of Business and the national honor society Beta Gamma Sigma. He also published the first paper in the United States on accounting theory. As dean, Hatfield sought to increase the reputation of the College of Commerce by bringing scholars from the East Coast to teach during summer sessions.

After World War I, enrollment experienced an increase from the influx of veterans and continued to grow even through the Great Depression, increasing from its initial class size of three in 1898 to 1,540 students in 1938. In 1925, the college's third dean, Stuart Daggett, instituted a two-year Master of Science degree. The school's fourth dean, Henry Francis Grady, was appointed in 1928. Grady went on leave from 1934 to 1936 to become an advisor to President Franklin D. Roosevelt, for whom he worked on reciprocal trade agreements (see Reciprocal Tariff Act). The fifth dean, Robert Calkins, succeeded Grady, but left within a few years to become the dean of the Columbia Business School.

E.T. Grether was appointed the sixth dean of the College of Commerce in 1941. Grether's twenty-year tenure as dean was a time of great change. The college was renamed the Department of Business Administration in 1942 and began offering a new two-year upper division curriculum leading to the Bachelor of Science in Business Administration. In 1943, the department was renamed the School of Business Administration when it began offering a one-year graduate program.

Grether opened several research centers in the school, including The Institute for Business and Economics Research (1941), The Institute for Industrial Relations (IIR) (1945, now called the Institute for Research on Labor and Employment), and the Center for Real Estate and Urban Economics (1950). Grether tapped Clark Kerr to be the first director of the IIR. Kerr's success in this position led to his becoming the first Chancellor of the University of California, Berkeley.

The Graduate School of Business Administration was opened in 1955 and the school began offering a course of study leading to the Master of Business Administration. A year later the Doctor of Philosophy in Business Administration and executive education programs were founded.

Under the school's eighth dean, Richard Holton, an evening MBA program was initiated in 1972. Unlike other evening or part-time programs in the country, students were required to meet the same admission requirements as established for the day-time MBA program. Classes for the evening MBA were held in downtown San Francisco until the school's present building complex was completed in 1995, the final design of architect Charles Moore.

Earl F. Cheit became the ninth dean of the school in 1976. Facing diminishing funding and budget pressures, Cheit lobbied and won increased salary scales for business faculty. He also secured donations from Walter A. Haas to endow seven new chairs and to open a career planning and placement center. In 1980, the school began to offer a Management of Technology program jointly with the College of Engineering. 1980 also saw the inauguration of the annual Haas Competition in Business and Social Policy, funded by a donation from the Evelyn and Walter A. Haas, Jr. Foundation.

In 1987, the tenth dean of the school, Raymond Miles, began the school's first major capital campaign to raise money for a new building. Major contributions were made by Wells Fargo and Eugene Trefethen, an executive with Kaiser Industries. In 1989, the Walter and Elise Haas Fund donated $23.75 million to the building campaign. The donation was the largest in the history of the university to that date. The school was renamed the Haas School of Business in honor of that gift.

The new building was designed by Charles W. Moore, former chair of Berkeley's Department of Architecture. Construction began in 1993 and the school moved into its new building complex in January 1995.

Laura Tyson, a professor at Berkeley since 1977 and the chairman of the President's Council of Economic Advisers from 1993 to 1995 during the Clinton Administration, was the dean of the school from 1998 to 2001. Tyson negotiated an agreement with the Columbia Business School to create a joint program, the Berkeley-Columbia Executive MBA, which offered experienced executives the opportunity to earn an MBA from both Haas and Columbia. The program lasted for ten years.

Tom Campbell served as dean of Berkeley Haas from 2002-2008, with the exception of a one-year sabbatical in 2004-2005 during which he served as Director of the California Department of Finance. During this time, Richard Lyons served as interim dean.^[6]

In July 2008, Richard Lyons became the dean of Berkeley Haas.^[7] Along with a curriculum overhaul, Lyons launched the public phase of a $300 million capital campaign.^[8][9] The campaign's stated goals are "transforming the... campus, building a curriculum based on the Berkeley Haas approach to leadership, and aggressively expanding the school’s faculty and its support for research."^[10] Dean Lyons also oversaw the opening of Berkeley Haas' fourth building, Connie & Kevin Chou Hall. A six-story, 80,000 sq.ft. building on the north side of the Berkeley Haas campus, Chou Hall cost $60 million and was funded exclusively by alumni and community members.^[11][12] It is the first academic building in the country to be designed for LEED Platinum and WELL certifications, and intends to achieve zero waste certification by summer 2018.^[13] Chou Hall opened under temporary occupancy in summer 2017 and was officially completed in 2018.^[14][15]

In August 2018, Wharton economist Ann Harrison was named the next dean of Berkeley Haas. She will begin her term in January 2019.^[16]

The Haas School of Business has been home to two winners of the Nobel Memorial Prize in Economics. John C. Harsanyi (1920–2000) was a co-recipient with John Nash and Reinhard Selten in 1994 for his contributions to the study of game theory and its application to economics. Oliver Williamson (1932-) was a co-recipient with Elinor Ostrom in 2009 for his "analysis of economic governance, especially the boundaries of the firm."^[17] Both have served as Professor Emeritus at Berkeley Haas and in the UC Berkeley Department of Economics.

Graduate programs

Full-time MBA

The Berkeley MBA Program is a two-year curriculum designed to prepare students for business leadership. In addition to its core curriculum and elective courses, Berkeley Haas requires all MBA students to take an Applied Innovation course, such as Haas@Work or International Business Development.^[18]

Prospective full-time MBA students may apply to one of two concurrent degree programs; Haas offers a five-semester MBA/MPH program through the UC Berkeley School of Public Health and a four-year JD/MBA program through the UC Berkeley School of Law or the University of California, Hastings College of the Law. Current students may apply to a semester-long exchange program with Columbia Business School, Hong Kong University of Science and Technology, IESE Business School, HEC Paris, or London Business School.^[19][20]

The Berkeley Haas Full-time MBA Program was ranked #7 in The Economist's 2017 global ranking of Top Full Time MBA Programs.^[21]

Berkeley Haas central courtyard^[22]

Evening & Weekend MBA

The three-year, part-time Berkeley Evening & Weekend MBA Program allows participants to continue working full-time while pursuing the MBA. The curriculum is aligned with that of the full-time MBA, and students can choose to attend classes either two evenings per week or on Saturdays.^[23]

The Berkeley Haas Evening & Weekend MBA Program was ranked #1 in U.S. News & World Report's 2018 Ranking of Best Part-Time MBA Programs.^[24][25]

MBA for Executives

The Berkeley MBA for Executives program lasts 19 months and consists of courses taught by the full-time faculty of Berkeley Haas. The core curriculum is taught during the first three terms, and the last two terms offer elective courses. Upon completion of the program, students earn the same degree awarded in the school's other MBA programs.^[26]

Prior to 2013, Berkeley Haas offered the Berkeley-Columbia Executive MBA, which gave experienced executives the opportunity to jointly earn MBAs from both Haas and Columbia Business School.^[27][28][29]

Master of Financial Engineering Program

The Berkeley Master of Financial Engineering (MFE) Program provides graduates with knowledge and skills necessary for a career in the finance industry. Students in the MFE program take an integrated set of courses for a period of one year, and must also complete a ten-week internship or on-site project plus an applied finance project that builds on skills learned in the internship.^[30]

Ph.D. Program

The Haas School of Business Ph.D. Program offers six fields of academic study: Accounting, Business and Public Policy, Finance, Marketing, Management of Organizations, and Real Estate. The program admits 14-16 candidates per year, and students can expect to graduate in four to five years.^[31]

Undergraduate program

Bachelor of Science

The Haas School of Business, in conjunction with the main UC Berkeley campus, offers an undergraduate Bachelor of Science degree in Business Administration (BSBA). Students take a variety of elective courses in addition to required core courses, which include economics, communication, managerial and financial accounting, finance, marketing, and ethics. Students apply to the program after fulfilling undergraduate prerequisite courses, and are admitted to Haas for their final two years.^[42]

The Haas School of Business Undergraduate Program was ranked #3 in U.S. News & World Report's 2018 Ranking of Best Undergraduate Business Programs.^[43]

Additional offerings

Berkeley Haas west entrance

The Haas School of Business offers the BSBA degree with a concentration in global management through its Global Management program. Global management students begin the program in the summer prior to their freshman year and spend their first semester in London through Berkeley Global Edge.^[44]

The Management, Entrepreneurship, & Technology program, offered by the Haas School of Business and the College of Engineering, is an integrated program that leads to two Bachelor of Science degrees, one in Business Administration from Berkeley Haas and the other in Electrical Engineering & Computer Sciences (EECS), Industrial Engineering & Operations Research (IEOR), or Mechanical Engineering (ME) from the College of Engineering. Students enter the M.E.T. program as freshmen.^[45]

The Haas School of Business also partners with the College of Engineering, College of Environmental Design, and College of Letters and Science (Arts and Humanities Division) to sponsor the undergraduate Berkeley Certificate in Design Innovation.^[46]

Executive education

UC Berkeley Executive Education offers a variety of programs for individuals and organizations, to help corporate executives understand new and/or challenging aspects of the business world. Executives can enroll in a prepared set of short courses targeted at specific issues or develop a custom curriculum.^[47]

Institutes and centers

The Haas School of Business is home to many research institutions and centers, and Haas faculty members take an active part in UC Berkeley's multidisciplinary programs.^[48]

Institutes

Eastern entrance

Institute for Business Innovation (IBI)

• Fisher Center for Business Analytics


• Garwood Center for Corporate Innovation


• Berkeley Haas Entrepreneurship Program


• Tusher Center for Management of Intellectual Capital


• AMENA Center for Entrepreneurship and Development


• Haas@Work Program

Central courtyard

Institute for Business & Social Impact (IBSI)

• Center for Social Sector Leadership (CSSL)


• Center for Responsible Business (CRB)


• Center for Equity, Gender, and Leadership (EGAL)


• Berkeley Business Academy for Youth (B-BAY)


• Boost@Berkeley Haas

Energy Institute at Haas (EI)

• Cleantech to Market (C2M)^[49]
  

Centers

• Asia Business Center


• Berkeley Center for Economics and Politics


• Center for Financial Reporting and Management


• Fisher Center for Real Estate and Urban Economics

Notable faculty

• 
  David Aaker – founder of the Aaker Model, American Marketing Association Hall of Fame Inductee


• 
  Vinod Aggarwal – member of the Council on Foreign Relations, founding member of the U.S. Asia Pacific Council


• 
  Steve G. Blank – developer of Customer development, part of the Lean Startup methodology


• 
  Henry Chesbrough – coined the phrase Open Innovation: The New Imperative for Creating and Profiting from Technology


• 
  Solomon Darwin – known for his development of "smart village" frameworks for Indian villages


• 
  Henry F. Grady – Dean of the UC Berkeley College of Commerce (now the Haas School of Business), first US Ambassador to India, President of American President Lines
  


• 
  John Harsanyi – Economics Nobel Laureate, 1994


• 
  Ross Levine – Economist and advisor to the World Bank, Federal Reserve System, and the International Monetary Fund
  


• 
  Daniel Levitin – Neuroscientist, best-selling author, management consultant


• 
  Richard Lyons – Dean of the Haas School of Business (2008-2018)


• 
  Sherman J. Maisel – member of the Federal Reserve Board of Governors, President of the American Finance Association
  


• 
  David C. Mowery – member of the National Bureau of Economic Research, advisor to Congress and the Organization for Economic Cooperation and Development
  


• 
  Mark Rubinstein – a noted financial engineer and International Association of Financial Engineers Man of The Year in 1995


• 
  Carl Shapiro – former Deputy Assistant Attorney General for Economics in the Antitrust Division of the U.S. Department of Justice (1995–1996). Now Chief Economist in the U.S. Department of Justice's Antitrust Division (April 2009).


• 
  David Teece – Accenture Top 50 Business Intellectuals, Academy of International Business Eminent Scholar (2013), Thomson Scientific top-10 most-cited scholars in economics and business, Companion of the New Zealand Order of Merit
  


• 
  Philip Tetlock – MacArthur Fellow, Russell Sage Scholar, winner of Woodrow Wilson Award, Robert E. Lane Award, and Grawemeyer Award


• 
  Paul Tiffany – author of Business Plans for Dummies
  


• 
  Laura Tyson – Dean of the Haas School of Business (1998–2001) and the London Business School (2002–2006); Chair, President's Council of Economic Advisers (1993-1995), National Economic Council (1995-1996)


• 
  Hal Varian – Chief Economist at Google; fellow of the Guggenheim Foundation, the Econometric Society, and the American Academy of Arts and Sciences
  


• 
  David Vogel – Editor-in-Chief of the California Management Review
  


• 
  Oliver Williamson – Economics Nobel Laureate, 2009; a seminal researcher on transaction cost economics
  


• 
  Janet Yellen – Chair (2014-2018) and Vice-Chair (2010-2014) of the Federal Reserve System; President, Federal Reserve Bank of San Francisco (2004-2010); Chair, President's Council of Economic Advisors (1997–1999)

Notable alumni

• 
  Alex Mandl, MBA 69, Executive Chairman of Gemalto


• 
  Allen J. Lauer, MBA 65, former Chairman of Intermec, Chairman and CEO of Varian, Inc.
  


• 
  Amir Blumenfeld, BA 05, comedian, writer, and actor at CollegeHumor
  


• 
  Andrew Rudd, MBA 76, Chairman and CEO of Advisor Software


• 
  April Underwood, MBA 07, VP of Product at Slack


• 
  Arun Sarin, MBA 78, former CEO of Vodafone
  


• 
  Barbara Desoer, MBA 77, CEO of Citibank
  


• 
  Bengt Baron, BS 85, MBA 88, CEO of Cloetta
  


• Bhavin Parikh, MBA 10, CEO and Co-Founder of Magoosh
  


• 
  Robert Lutz, BS 61, MBA 62, former Vice Chairman of General Motors
  


• 
  Cathie Lesjak, MBA 86, CFO of Hewlett-Packard
  


• 
  Daniel E. Koshland Jr., Albert Lasker Special Achievement Award Laureate


• 
  Donald Fisher, BS 50, former Chairman and Co-Founder of Gap Inc.
  


• 
  Douglas Ose, BS 77, Former Congressman from California


• 
  Eleni Tsakopoulos Kounalakis, MBA 92, former United States Ambassador to Hungary


• 
  Gordon Stitt, MBA 82, Chairman and CEO of Nebula, Inc.


• 
  Hemendra Aran, Founder and CEO of Aranca Research
  


• 
  Henry Chesbrough, PhD 97, Chairman of the Open Innovation Center, Brazil


• 
  Ikujiro Nonaka, MBA 68, PhD 72, Professor at Hitotsubashi University
  


• 
  John Garamendi, BS 66, Congressman, former lieutenant governor, State of California
  


• 
  John Hanke, MBA 96, CEO of Niantic Inc.


• 
  John Riccitiello, BS 81, CEO at Unity Technologies
  


• 
  Joe Jimenez, MBA 84, CEO of Novartis
  


• 
  Kevin Chou, BS 02, Co-Founder of Kabam, Chairman and CEO of KSV eSports


• 
  Laura E. Flores, MBA 95, Permanent Representative to the United Nations from Panama


• 
  Lidia Stiglich, BS 92, Supreme Court Justice, Carson City, Nevada


• 
  Marc Badain, MBA 01, President of the Oakland Raiders
  


• 
  Maura O'Neill, MBA 04, former Chief Innovation Officer at USAID


• 
  Michael Homer, BS 81, former Vice President at Netscape
  


• 
  Michael Milken, BS 68, highly influential in developing the market for junk bonds (a.k.a. "high-yield debt")


• 
  Michael R. Gallagher, BS 67, MBA 68, CEO of Playtex Products


• 
  N. W. Jasper, MBA 71, President and CEO of Dolby Laboratories
  


• 
  Norman Mineta, BS 53, Former US Secretary of Transportation and now Co-chair of the Joint Ocean Commission Initiative
  


• 
  Patrick Awuah, MBA 99, founder of Ashesi University and 2015 Macarthur Fellow
  


• 
  Paul Merage, BS 66, MBA 68, Co-founder, Chef America, co-inventor of Hot Pockets, and benefactor of Paul Merage School of Business at the University of California, Irvine
  


• 
  Paul Otellini, MBA 74, former President and CEO of Intel
  


• 
  Paul Rice, MBA 96, CEO of Transfair USA
  


• 
  Pete Stark, MBA 60, former Congressman from California


• 
  Peter Schiff, President and Chief Global Strategist, Euro Pacific Capital
  


• 
  Ralph Bahna, MBA 65, former CEO of Cunard Line (1980–1989), Chairman of Priceline.com (2004–2013), Founder of Club Quarters^[50]
  


• 
  Rha Woong-Bae, PhD 68, former Finance and Economy Minister, Republic of Korea
  


• 
  Richard Blum, BS 59, MBA 59, Founder, American Himalayan Foundation
  


• 
  Richard Lindsey, PhD, former Head of Prime Brokerage and Clearing Services and member of the Management Committee of Bear Stearns, former Chief Economist at the U.S. Securities and Exchange Commission
  


• 
  Richard Lyons (business professor), BS 82, Dean of the Haas School of Business


• 
  Rick Cronk, BS 65, former Chairman and President, Dreyer's Grand Ice Cream


• 
  Rudolph A. Peterson, BS 25, former President and CEO of Bank of America^[51] and former Administrator of the United Nations Development Programme
  


• 
  Ryan Murphy (swimmer), BS 17, Gold Medalist in 2016 Olympics


• 
  Scott Adams, MBA 86, Creator of Dilbert
  


• 
  Scott Galloway (professor), MBA 92, Founder of Prophet (company)
  


• 
  Shantanu Narayen, MBA 93, CEO of Adobe Systems
  


• 
  Soyeon Yi, MBA 14, South Korea's first astronaut


• 
  Sung Nak-Yang, MBA 96, former CEO of Yahoo! Korea


• 
  Takehiko Nakao, MBA 82, President, Asian Development Bank
  


• 
  Terrance Odean, MS 92, PhD 97, Rudd Family Foundation Professor of Finance, Haas School of Business


• 
  Tom Byers, MBA 80, PhD 82, Founder and Co-Director of the Stanford Technology Ventures Program; former Executive Vice President of Symantec
  


• 
  Tom Fanoe, MBA 69, President and COO, Joe Boxer
  


• 
  Walter A. Haas, Jr., BS 37, former President, CEO, and Chairman, Levi Strauss & Co.


• 
  Walter A. Haas, Sr., BS 10, former President and Chairman, Levi Strauss & Co.


• 
  Warren Hellman, BA 55, Co-Founder of Hellman & Friedman
  

See also

Wikimedia Commons has media related to Haas School of Business.

• List of United States business school rankings


• List of business schools in the United States

References

External links

• Official website

Coordinates: 37°52′18.06″N 122°15′12.84″W / 37.8716833°N 122.2535667°W / 37.8716833; -122.2535667