Rutgers Business School – Newark and New Brunswick

Not to be confused with Rutgers School of Business – Camden.

Rutgers Business School – Newark and New Brunswick (also known as the Rutgers Business School, or RBS) is the graduate and undergraduate business school located on the Newark and New Brunswick campuses of Rutgers University. It was founded in 1929. It operated under several different names (the undergraduate Rutgers School of Business in New Brunswick and the Rutgers Graduate School of Management in Newark) before consolidating into Rutgers Business School. (The Rutgers School of Business in Camden remained a separate business school under the Rutgers University umbrella but was not part of the Newark/New Brunswick consolidation.)

Rutgers Business School

Motto	Sol iustitiae et occidentem illustra.
Motto in English	Sun of righteousness, shine upon the West also.
Type	Public business school
Established	1929; 94 years ago (1929)
Dean	Lei Lei
Academic staff	212
Students	9,813
Undergraduates	7,403
Postgraduates	2,410
Doctoral students	140
Location	Newark and New Brunswick , New Jersey , United States
Campus	Urban/suburban
Affiliations	Rutgers University
Website	business.rutgers.edu

Rutgers Business School offers bachelor's, master's, and Ph.D. degrees.

Facilities

 

Rutgers Business School, Newark reflecting the city in the glass front.

In 2009 RBS opened a new facility in the first 11 stories of downtown Newark's One Washington Park office building that is home to the full-time and Executive MBA programs, the MQF program, and the Newark undergraduate program. 1 Washington Park is centrally located near highways and public transportation, notably Newark Broad Street Station, where there is service on New Jersey Transit Morris and Essex and Montclair-Boonton Lines (including Midtown Direct service to New York Penn Station) and Newark Light Rail service to Newark Penn Station. The Washington Park light rail station is also adjacent to the school.

Rutgers facilities in One Washington Park include classrooms, lecture halls, conference rooms, student and faculty lounges, offices, and a University Police substation. The new 3 story RBS entrance atrium features lecture halls, a trading floor, student lounge and study spaces, a rooftop garden, and the Bove Auditorium. One Park Bistro in the lobby of the building is owned by the university and operated by the university's contracted Aramark food service but is open to all tenants with a building ID. In 2011, it was announced the Rutgers–Newark campus would further expand around Washington Park, converting the former American Insurance Company Building into graduate student housing.^[1][2]

 

Rutgers Business School, New Brunswick, on the Livingston Campus. New glass and steel building at nightfall.

In 2011 RBS broke ground on a new school building located on the New Brunswick/Livingston Campus. This new building, which opened in September, 2013, is the focal point for the New Brunswick undergraduate program. Previously, in New Brunswick, RBS shared the Janice H. Levin Building with the School of Labor and Management Relations and Beck Hall with the School of Arts and Sciences on the Livingston Campus.

RBS also has facilities in Morristown Plaza in Morristown, New Jersey, Basking Ridge Country Club in Basking Ridge, Washington Street in Jersey City, and Robinson Road in Singapore. MBA programs were also previously offered in Beijing and Shanghai.

Accreditation and rankings

Business Rankings
U.S. MBA
Bloomberg (2023)^[3]	44

RBS is accredited by the Association to Advance Collegiate Schools of Business (AACSB)^[4] as well as the Accreditation Council for Pharmacy Education ^[5] while Rutgers University as a whole is accredited by the Middle States Association of Colleges and Schools.^[6]

RBS is ranked by US News #44 in Best Business Schools and 28th in Part-time MBA nationwide.^[7]

 

One Washington Park as seen from Broad Street Station

In April 2022, RBS was accused of creating fake jobs for graduates to boost MBA program rankings.^[8][9] The lawsuit was expanded into a class-action lawsuit.^[10][11]

Research centers

• Blanche & Irwin Lerner Center for Pharmaceutical Management Studies
  • Mahmud Hassan, director
• Center for Governmental Accounting Education & Research
  • Robert H. Werner, director
  • Yaw M. Mensah, research director
• Institute for Ethical Leadership
  • James Abruzzo, co-director
  • Alex Plinio, co-director
• Center for Research in Regulated Industries
  • Michael A. Crew, director
• Center for Supply Chain Management
  • Lei Lei, director
• East Asian Business Center
  • John Cantwell, director
  • Peter R. Gillett, academic director
• Rutgers Accounting Research Center
  • Miklos Vasarhelyi, director
• Technology Management Research Center
  • George F. Farris, director
• Whitcomb Center for Research in Financial Services
  • Ivan E. Brick and Michael S. Long, co-directors

In April 2017, Rutgers Business School accepted $1 million from IFlytek to create a big data research laboratory.^[12] The same company was later placed on a Bureau of Industry and Security blacklist for allegedly enabling human rights abuses in Xinjiang with its technology.^[13]

Notable alumni

• Greg Brown, chairman and CEO of Motorola Solutions
• Frank Cassidy, president of PSEG Power
• Gary Cohen, president of BD Medical/Board Member, for Accordia Global Health Foundation
• Mark Fields, CEO of Ford Motor Company
• Stephanie Kusie, Canadian politician and member of Parliament for Calgary Midnapore
• Alvaro de Molina, CFO of Bank of America, CEO of GMAC
• Bill Rasmussen, founder of ESPN
• Bill Schultz, CEO of Fender
• Gary Rodkin, president and CEO of ConAgra Foods
• Rana Kapoor, founder of Yes Bank

See also

• List of Rutgers University people
• Post-secondary education in New Jersey
• List of universities named after people
• List of United States business school rankings
• List of business schools in the United States
• Lists of business schools

References

1. "Neo-Classical Rutgers Building Will Become Graduate Student Housing". Studenthousingbusiness.com. February 20, 2012. Archived from the original on June 30, 2013. Retrieved March 28, 2012.
2. Corbett, Nic (February 15, 2012), "Rutgers to move forward with $71M Newark high-rise renovation", The Star-Ledger, from the original on April 1, 2012, retrieved March 27, 2012
3. "Best B-Schools". Bloomberg Businessweek.
4. "Accreditation | Rutgers Business School-Newark and New Brunswick". Business.rutgers.edu. from the original on February 9, 2011. Retrieved May 19, 2019.
5. 8:00AM - 5:00PM. "Pharmaceutical Management Executive Certificate Program | Rutgers Business School-Newark and New Brunswick". Business.rutgers.edu. from the original on February 9, 2011. Retrieved May 19, 2019.
6. . Archived from the original on April 23, 2012. Retrieved December 10, 2012.
7. "Rutgers University--Newark and New Brunswick - Best Business Schools". US News. August 15, 2022. Retrieved July 7, 2023.
8. Sherman, Ted (April 8, 2022). "Rutgers created fake jobs for graduates to boost MBA program rankings, lawsuit charges". NJ Advance Media. Retrieved May 7, 2022.
9. Snyder, Susan; McCoy, Craig R. (April 22, 2022). "Rutgers business school accused of rankings fraud, hiring own grads in temp jobs to boost its scores". The Inquirer. Retrieved May 7, 2022.
10. "Class Action: Rutgers Business School Reported False Data To Increase Rankings". McOmber McOmber & Luber (Press release). April 12, 2022. Retrieved May 7, 2022.
11. Burns, P. Kenneth (April 16, 2022). "Suit alleges improper boost to job placement numbers at Rutgers Business School". WHYY. Retrieved May 7, 2022.
12. Harney, Alexandra (June 13, 2019). "Risky partner: Top U.S. universities took funds from Chinese firm tied to Xinjiang security". Reuters. from the original on November 9, 2019. Retrieved November 9, 2019.
13. "US sanctions 8 China tech companies over role in Xinjiang abuses". The Nikkei. Reuters. October 8, 2019. from the original on November 9, 2019. Retrieved November 9, 2019.

External links

• Official website

40°31′32″N 74°26′18″W / 40.52552°N 74.43821°W / 40.52552; -74.43821