The Johns Hopkins Carey Business School, also referred to as Carey Business School or JHUCarey or simply Carey, is the business school of the Johns Hopkins University in Baltimore, Maryland. As "the newest school in America's first research university," The school offers full-time and part-time MBA degrees, master of science degrees, a bachelor of science degree, several joint degrees with other Johns Hopkins schools, and a variety of graduate certificates as well.
History
The origins of the school can be traced back to 1909, when the "College Courses for Teachers" school was created at Hopkins. In 1925 the school changed its name to "College for Teachers", then adopted the name "McCoy College" in 1947 as it welcomed into its classrooms many World War II veterans studying on the G.I. Bill. In 1965, the school's name changed again, to "Evening College and Summer Session", until 1983, when it became known as the School of Continuing Studies. Then, in 1999, in order to more clearly reflect its two remaining major divisions, the school was renamed as the School of Professional Studies in Business and Education (SPSBE). Throughout all of these iterations, the central objective of serving the educational needs of working professionals, allowing them to complete degrees while maintaining careers, held true. Over the years, the school evolved from a teacher's college to one of nine major schools within the university, housing the majority of Hopkins' part-time academic programs. On January 1, 2007, SPSBE separated into two new schools--the Johns Hopkins University Carey Business School, and the Johns Hopkins University School of Education; the latter soon rose to the status of the No. 1 ranked education school in the U.S.
This split was engendered by the late philanthropist William P. Carey's announcement on December 5, 2006 of his gift of $50 million to Johns Hopkins through his W. P. Carey Foundation, to create a freestanding business school at the university. The gift remains the largest to Hopkins in support of business education to date. The school is named in honor of Wm. Polk Carey's great-great-great-grandfather, James Carey, an 18th- and 19th-century Baltimore shipper, chairman of the Bank of Maryland, a member of Baltimore's first City Council, and a relative of university founder Johns Hopkins.
The current dean of Carey Business School is Bernard T. Ferrari.
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Initiatives
In August 2010, the Carey Business School launched its signature full-time Global MBA Program designed to "reinvent" the traditional approach to MBA education and embody the school's mission of "Teaching Business with Humanity in Mind." Since then, the Executive MBA and several full-time Masters of Science degrees were added. The full-time MS degree concentrations include Real Estate and Infrastructure, Health Care Management, Enterprise Risk Management, Finance, and Marketing. The school also offers part-time Flex MBA and Master of Science degrees in Finance, Marketing, Real Estate and Infrastructure, Health Care Management, Finance, Marketing, and Information Systems. Certificate programs are offered in Financial Management and Investments. An online graduate certificate in the Business of Health Care was added in 2014.
The school counts as one of its major strengths its developing partnerships and collaborations with other Johns Hopkins schools, including the School of Medicine and Bloomberg School of Public Health, plus the Johns Hopkins School of Nursing, Whiting School of Engineering, and Zanvyl Krieger School of Arts and Sciences. From these partnerships have come a number of joint-degree MBA programs, including the MBA/MS in Nursing, the MBA/MS in Biotechnology, the MBA/MA in Government, and the MBA/MA in Communication. Also available from the school and administered jointly with the School of Medicine is the MBA in Medical Services Management; and, with the Bloomberg School of Public Health and on a full-time basis, the MBA/Master of Public Health. In 2012, Carey began offering a MBA/MA in Design Leadership, in collaboration with the Maryland Institute College of Art.
The Carey Business School continues to undergo significant institutional development, hiring additional full-time faculty and exploring new course and program offerings.
Academics
The Carey Business School's flagship program is the full-time Global MBA.
- Discovery to Market (also known as "D2M"): groups of students are paired with inventors through the Johns Hopkins' Technology Transfer office to assess the commercial feasibility of new discoveries.
- Innovation for Humanity (also known as "I4H"): a semester-long program in sustainable business which pairs groups of students with entrepreneurs in developing countries. This includes a three-week-long international residency.
- Co-taught classes during the first semester: core business disciplines are taught by two professors at once. For example, rather than offer two introductory classes in finance and accounting, the Global MBA includes a class called Financial Resources, which combines Basic Accounting with Managerial Accounting, Corporate Finance, and Investments.
The Carey Business School also offers distinctive Master of Science degrees that cover several specialities in innovative formats. These programs are geared toward part-time study; however, any student may pursue a full-time course of study in the master's programs. Master's students also have the option of earning an MBA in only 36 additional credits.
- Master of Science in Finance
- Master of Science in Information Systems
- Master of Science in Marketing
- Master of Science in Enterprise Risk Management
- Master of Science in Health Care Management
- Master of Science in Real Estate and Infrastructure
Campus
The school has several campus locations in the Baltimore-Washington, D.C. corridor, including:
- The flagship Harbor East Campus (The Legg Mason Tower), located in Baltimore's Inner Harbor
- Columbia Center Campus located in Columbia, Maryland
- Montgomery County Campus in Rockville, Maryland
- Washington, D.C. Campus on Embassy Row, near Johns Hopkins' Paul H. Nitze School of Advanced International Studies (SAIS)
Rankings
In 2013, the Eduniversal Business School Palm League Rankings deemed the Carey Business School as being the 5th ranked institution nationally in its 4 Palms of Excellence category, which is reserved for "top business schools with significant international influence."
The Best-Masters 2013-2014 Eduniversal World Masters Rankings have placed the Carey Business School M.S. in Marketing degree at No. 17, the M.B.A. in Medical Services Management at No. 36, the M.S. in Information Systems at No. 14, and the M.S. in Real Estate at No. 28 respectively.
In 2012, the QS Global 200 Business Schools Report, released annually by Quacquarelli Symonds based on major global employers' votes, ranked the Carey Business School No. 45, up from No. 52 in 2011. The same report ranked Carey No. 29 in the world for Corporate Social Responsibility. The report classified Carey as an "elite regional business school," meaning that it is among one of the "younger institutions that, having established an excellent reputation among employers within their region, will be looking to establish their brand as one with a truly global reach."
Publication
Carey publishes the ONE Magazine targeting its alumni, students, faculty, and staff. The magazine won a bronze award from the Council for Advancement and Support of Education (CASE) in the category of "College and University General Interest Magazines: Circulation Less than 29,999" in 2011. In April 2014, Carey launched Changing Business, a biannual magazine highlighting faculty research.
Notable faculty
- Eliot A. Cohen - Robert E. Osgood Professor of Strategic Studies at the Paul H. Nitze School of Advanced International Studies (SAIS) and the Carey Business School, both at the Johns Hopkins University
- Maqbool Dada - Professor of Operations Management
- Martin O'Malley - former visiting professor; former Governor of Maryland; former Mayor of Baltimore
- Peter Pronovost - Professor of Healthcare Management
- Kathleen M. Sutcliffe - Bloomberg Distinguished Professor of Business and Medicine
Notable alumni
- Matthew E. Bershadker (MBA) - President and CEO, American Society for the Prevention of Cruelty to Animals
- Edward Bessman (MBA '11) - Chairman and Clinical Director, Department of Emergency Medicine, Johns Hopkins Bayview Medical Center
- Candy Carson (MA in Management) - Violinist; wife of Ben Carson
- Paul Christo (MBA) - Professor at Johns Hopkins University School of Medicine; one of America's foremost experts on relieving pain
- Segun Toyin Dawodu (General MBA '09) - Physician, entrepreneur, journalist and attorney; founder of Dawodu.com
- William J. Frank (MAS '92) member of the Maryland House of Delegates
- Douglas Jabs (MBA '98) - CEO of the Mount Sinai Faculty Practice Associates, Dean for Clinical Affairs; Professor and Chair of the Department of Ophthalmology and Professor of Medicine of The Mount Sinai School of Medicine in New York City
- Andrea Leand (MBA 2002) - professional tennis player
- John Morlu - former Auditor-General of Republic of Liberia
- Karen Peetz (MS '81) - President, BNY Mellon; No.1 among "The Most Powerful Women in Banking"
- Cavan Redmond (Carey 1987) - CEO of WebMD
- Griffin P. Rodgers (MBA) - Director of National Institute of Diabetes and Digestive and Kidney Diseases; Chief of NIH's Molecular and Clinical Hematology Branch; known for contributions to research and therapy for sickle cell anemia
- Leslie Sanchez (MBA) - Arthor of Los Republicanos: Why Hispanics and Republicans Need Each Other; 100 Most Influential Hispanic Americans
- Laurence Shanet (Advanced Studies Certificate in Marketing Communications) - Film director
- Peter Staats (MBA 2004) - American physician, educator, author, inventor and clinical researcher, specializing in interventional pain medicine; founder of the Division of Pain Medicine at the Johns Hopkins School of Medicine
- Robert Udelsman (MBA '00) - William H. Carmalt Professor of Surgery, Yale University; Chair, Department of Surgery, Yale University; Surgeon-in-Chief, Yale-New Haven Hospital; Clinical Program Leader, Endocrine Cancers Program, Smilow Cancer Hospital; Chairman of the Board, Yale Medical Group
- Judith A. Vessey (MBA) - Lelia Holden Carroll Chair in Nursing, Boston College
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