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Former name | Krannert Graduate School of Industrial Administration Krannert School of Management |
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| Motto | Tech-focused, data-driven, STEM-infused, the Daniels School of Business equips next-gen leaders and visionary founders for an evolving tomorrow. |
| Type | Public school |
| Established | 1962 |
Parent institution | Purdue University |
| Dean | James B. Bullard |
Academic staff | 227 |
| Students | 4,674 (2023–24) |
| Undergraduates | 3,516 (2023–24) |
| Postgraduates | 1,158 (2023–24) |
| Location | ,, United States |
| Colors | Old Gold and Black |
| Website | business |
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ThePurdue University Daniels School of Business (formerly known as theKrannert School of Management) is the school of business atPurdue University, apublicresearch university inWest Lafayette, Indiana. It offers instruction at the undergraduate, master's, and doctoral levels.[1]
TheSchool of Industrial Management at Purdue University was created in 1958 from the merger of the Department of Economics (established in the School of Science, Education, and Humanities in 1953) and the Department of Industrial Management and Transportation (part of the Schools of Engineering since 1956).
TheKrannert Graduate School of Industrial Administration was founded in 1962 with a $2.7 millionendowment fromHerman Krannert andEllnora Krannert. TheAACSB accredited the new school in 1967.[2] In the early years, students were required to pursue a second major, in a technical subject, in addition to their coursework in business and management.[3] The curriculum expanded over the following decade, the word "Industrial" was dropped from the schools' names, and the school was renamed theKrannert School of Management in the mid-1970s.[2]
On February 3, 2023, Purdue's business school was renamed theMitchell E. Daniels, Jr. School of Business, in honor ofMitch Daniels, who served as the 12th president of Purdue University from January 2013 to December 2022.[4]
| Business school rankings | |
|---|---|
| U.S. MBA Rankings | |
| U.S. News & World Report (2025)[5] | 74 |
| Global MBA Rankings | |
| FT (2025)[6] | 75 |
Purdue's business school is accredited by the AACSB.[7]
The Mitch Daniels School of Business differentiates itself from similarly sized business programs by providing an emphasis on a STEM-focused, data-driven education. All degrees awarded are Bachelors of Science.[8]
On February 13, 2023, the Dean and Barbara White Family Foundation committed $50 million to Purdue University to name the undergraduate institute in the Mitch Daniels School of Business. The School of Business offers nine undergraduate degree programs. In keeping with the global scope of the modern manager, all programs include instruction in the international aspects of business and a strong technical background in engineering, data science, and quantitative reasoning skills. The Daniels School also offers qualified students a pipeline to any of their many specialized 1-year masters programs, allows students to complete their B.S. and an MS,Master of Business Administration (MBA), or their industry-leadingMaster of Business Technology (MBT) degree in just five years.[9]
The Krannert Graduate Institute at the Daniels School of Business awards several master's degrees:MBA,EMBA, International Masters in Management, Master of Science in Human Resource Management,Master of Science in Industrial Administration,Master of Science in Finance, Master of Science in Global Entrepreneurship, Master of Science in Global Supply Chain Management and a Weekend MBA.[10] These programs are housed inRawls Hall. The school also offers a variety of joint programs with other colleges on campus including the combinedDoctor of Pharmacy (PharmD) andMaster of Science in Industrial Administration (MSIA), the combined Bachelor of Science in Industrial Engineering (BSIE) and Master of Business Administration (MBA), and the combined Bachelor of Science inMechanical Engineering (BSME) and Master of Business Administration (MBA)
In 2020, despite tight alumni classes and a well respected curriculum the School of Business was forced to pause its full time residential MBA program.[11]
The School of Business's Doctoral Programs offer students the opportunity to work closely with first-rate faculty in the areas ofEconomics, Management (with concentrations inAccounting,Finance,Management Information Systems,Marketing,Operations Management,Quantitative Methods/Management Science, andStrategic Management), andOrganizational Behavior & Human Resource Management (OBHR).The School of Business's doctoral programs were ranked #23 in the world for 2009[12] and #25 for 2013[13] byFinancial Times.
The Department of Economics at Purdue University is located at Daniels School of Business and offers undergraduate, master's, and PhD in economics. The department has the following centers - Purdue Center for Economic Education, Purdue University Research Center in Economics, Purdue Center for Behavioral Economics, Experiments and Public Policy and also Vernon Smith Experimental Economics Laboratory.
The school's facilities are located on the southeastern part of Purdue's West Lafayette campus near thePurdue Memorial Union. The majority of undergraduate classes are conducted in the Krannert Building, which opened in 1964.
Rawls Hall is the home of all the classes in the Masters program. Rawls Hall houses 13 electronically equipped classrooms, a professional career center, a multimedia-based auditorium, 25 breakout rooms, distance learning facilities, and sophisticated computer labs. The building is named for business master's alum,Jerry S. Rawls. Rawls, the president and chief executive officer ofFinisar Corp., donated $10 million to the Krannert at the Frontier Campaign. The gift was the largest in the school's history and one of the largest at Purdue. In recognition of his generosity, the Purdue Board of Trustees voted in 2000 to name the new facility Jerry S. Rawls Hall. The Jerry Rawls Hall was dedicated on October 2, 2003. In September 2022, Purdue announced the approval of $168 million in funding to construct a new state-of-the-art business building[14] that will be built to hold the increase in students and faculty with an estimated completion of 2026. Upon completion, the new facility will be the most expensive building ever constructed on Purdue's West Lafayette campus.
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40°25′25″N86°54′40″W / 40.423696°N 86.911060°W /40.423696; -86.911060
