The Rawls College of Business (officially Jerry S. Rawls College of Business Administration, often referred to as Rawls Business) is the business school of Texas Tech University in Lubbock, Texas. Rawls Business offers curriculum for both undergraduate and graduate students (including doctoral) and received its initial business accreditation in 1958 from the Association to Advance Collegiate Schools of Business. Established in 1942, Texas Tech's business school was originally known as the Division of Commerce. In 1956, the school was renamed the College of Business Administration. Following a $25 million gift from alumnus Jerry S. Rawls in 2000, the school was renamed as Jerry S. Rawls College of Business Administration.
The college is organized into five areas of study: Accounting, Finance, Information Systems & Quantitative Sciences, Management, and Marketing. Rawls Business also offers dual degrees in conjunction with architecture, agriculture, foreign language, law, medicine, pharmacy, and environmental toxicology. The MD/MBA in Health Organization Management (HOM) allows medical students the opportunity to obtain both an MD and MBA degree over four years and is ranked by Business Week as 19th among such programs. The International Business program helps Rawls Business students study abroad. In addition, the Executive Education Department develops seminars, conferences, and training programs for professionals and managers in business, government, and industry.
History
Business classes were first offered at Texas Tech in 1927, only two years after the university began holding classes in 1925.
Established in 1942, Texas Tech's business school was originally known as the Division of Commerce. In 1956, the school was renamed the College of Business Administration. Following a $25 million gift from alumnus Jerry S. Rawls in 2000, the school was formally renamed the Jerry S. Rawls College of Business Administration.
The new Rawls Business building opened in 2012. The building was constructed on the site of the former Thompson/Gaston Hall. The Leadership in Energy and Environmental Design (LEED) Gold certified building reused materials from the demolished structure.
In 2013, the Area of Accounting became the School of Accounting, the first separately accredited accounting school in the state.
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Academic profile
Admissions
Organization
Rawls Business is organized by field into five departments (called "Areas") and one professional school:
- Area of Energy, Economics, and Law
- Area of Finance
- Area of Information Systems and Quantitative Sciences (ISQS)
- Area of Management
- Area of Marketing
- School of Accounting
Health Organization Management
The Health Organization Management (HOM) Program is part of the Texas Tech University Rawls College of Business. The program teaches students about the business side of health care. It awards a degree in Masters of Business Administration in Health Organization Management, or MBA(HOM). The program conducts and reports research relevant to health care in the United States and recently Canada and provides services related to healthcare organizations. The Texas Tech MBA(HOM) program is credentialed under the Association of University Programs in Health Administration (AUPHA) and Commission on the Accreditation of Healthcare Management Education (CAHME) accreditation programs.
Rankings
In 2014, Business Week ranked the Rawls Business undergraduate program 83rd among United States business schools. In the 2015 U.S. News and World Report Rankings of Best Colleges, the Rawls Business undergraduate program was ranked 101st, and the MBA program was ranked 87th.
Research
Facility
The new 140,000-square-foot (13,000 m2) building has replaced the old business administration building. It includes modern classrooms, breakout rooms, student lounges, study areas, food service, and a career management center. The building is a LEED-certified facility, incorporating the latest green technology into all offices and classrooms. The $70 million capital campaign for the project was co-chaired by Alan White, chairman and CEO of Plains Capital Corporation, and Jack Hightower, chairman and CEO of Celero Energy.
The new building is located on the north end of campus at the previous site of Thompson and Gaston Halls. The building was originally planned to be constructed south of the Merket Alumni Center, but was relocated after complaints from the Texas Tech Alumni Association. Other sites considered included the southwest corner of University and Broadway, where Weeks Hall is located. The building is constructed in Spanish Renaissance theme and creates a north campus gateway. The process of clearing the site began with a ceremony on September 20, 2008. Ground-breaking for the new building took place in September 2009, and the building opened for class in the Spring of 2012.
Construction on the old Rawls Business building broke ground in 1966 and opened in 1968. It has 200,000 square feet (19,000 m2), 176 offices, and 36 classrooms spread across 13 floors, including a basement. The 208-foot (63 m) building is the third-tallest in Lubbock, and the tallest on the Texas Tech campus. Since the completion of the new building, it is undergoing remodeling and will be used by the school of mass communications when finished.
Student life
Notable organizations
- Accounting Leadership Council ALC (Accounting Association)
- Alpha Kappa Psi ??? (Coed Professional Business Fraternity)
- Beta Gamma Sigma ??? (International Business Honor Society)
- Delta Sigma Pi ??? (Coed Business Fraternity)
- Rawls Graduate Association
- Energy Commerce Association
- Tech Marketing Association
- Association of Information Technology Professionals
- Health Organization Management Student Association
- Finance Association
- Real Estate Organization
Notable people
Alumni
- Angela Braly (BBA) '82
- Dustin Burrows (MBA) '04
- Samuel Ray Cummings (BBA) '67
- Randy Neugebauer (BBA) '72
- Charles Perry (BBA) 84'
- Kliff Kingsbury (BBA) '01
Deans
- John Orval Ellsworth (1942-1946)
- Trent Campbell Root (1945-1959)
- Haskell Grant Taylor (acting, 1948-1966)
- George Gail Heather (1950-1968)
- Reginald Rushing (interim 1968-1970)
- Jack Donald Steele (1970-1975)
- Carl H. Stem (1975-1998)
- Roy D. Howell (interim 1998, 1999-2001)
- R. Stephen Sears (interim 2001-2002)
- Allen T. McInnes (2002-2012)
- Lance Nail (2012-2015)
- Paul Goebel (interim 2015-present)
Faculty
After many years of planning under longtime Dean Carl Herbert Stem, Allen T. McInnes became Dean of Rawls Business in September 2001. McInnes, the former president and CEO of TETRA Technologies, earned a bachelor's degree, MBA, and doctorate at the University of Texas at Austin and a master's degree at Harvard University.
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