Krannert Graduate School of Management (West Lafayette, Ind.)
Organization
Dates
- Existence: 1965-
Historical Information
The Krannert Graduate School of Management was built in 1965. It housed the School of Industrial Management at Purdue University. The School of Industrial Management 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). The Krannert Graduate School of Industrial Administration was founded in 1962 with a $2.7 million endowment from Herman & Ellnora Krannert. The AACSB accredited the new school in 1967. 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. The curriculum expanded over the following decade and the word "Industrial" was dropped from the schools' names in the mid-1970s. Today, the Krannert name refers to both the undergraduate and post-graduate programs. Krannert was reaccredited by the AACSB in 2008. The school currently has nearly 20 clubs and organizations open to undergraduates, including the School of Management Council (SMC). There are some 25 professional, cultural and special interest clubs at the graduate level, including the Krannert Graduate Student Association (KGSA) and the Krannert Doctoral Student Association (KDSA). The classrooms, equipment, and exterior were cleaned and updated from 2007-2008.