D'Amore-McKim School of Business: Shaping Future Business Leaders
The D'Amore-McKim School of Business at Northeastern University in Boston, Massachusetts, has a rich history and a forward-thinking approach to business education. With roots tracing back to 1907, the school has evolved into a leading institution known for its experiential learning, global perspective, and innovative programs.
A Legacy of Business Education
The origins of the D'Amore-McKim School of Business lie in the early days of Northeastern University, when commerce and industry courses were first offered in 1907 by the School of Commerce and Finance of the Boston Young Men's Christian Association (YMCA). The school's initial goal was to equip students with knowledge in commerce, accounting, and finance to prepare them for positions in the business world. During its inaugural year, the school offered 25 courses, employed 18 instructors, and enrolled 208 students. Through evening study, Bachelor of Commercial Science (B.C.S.) and Master of Commercial Science (M.C.S.) degrees were eventually offered.
In September 1922, after years of planning, a School of Business Administration was established, offering courses in general business, industrial management, marketing, finance, and accounting. The four-year program was designed with a focus on practical application, dedicating the first two years to learning core business principles and the final two years to specialization, leading to specific, marketable skills.
Today, the business school is located in Dodge Hall on Krentzman Quadrangle, off Huntington Avenue in Boston. The building, constructed in 1952, is named in honor of Robert Gray Dodge, chairman of Northeastern's Board of Trustees from 1936 to 1959.
Experiential Learning: The Co-op Advantage
One of the defining features of the D'Amore-McKim School of Business is its emphasis on experiential learning, primarily through its cooperative education (co-op) program. The school proudly reports that 99 percent of undergraduate students complete at least one co-op placement. A significant portion of students gain even more experience, with 49 percent completing two co-op experiences and 34 percent completing three. This immersive approach allows students to apply classroom knowledge in real-world settings, gain valuable professional experience, and build their networks. The co-op program contributes to the high graduation rate, with nearly 91 percent of undergraduates completing their degree requirements in six years or less.
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Comprehensive Academic Programs
The D'Amore-McKim School of Business offers a wide array of programs at both the undergraduate and graduate levels.
Undergraduate Programs
Undergraduate students can pursue a Bachelor of Science in Business Administration (BSBA) or a Bachelor of Science in International Business (BSIB). These programs provide a strong foundation in core business disciplines and allow students to specialize in areas of interest.
Atop the flagship majors-Business Administration & International Business-students can find many ways to shape their business education at D'Amore-McKim. Students can choose from in-demand business concentrations, minors, combined majors, accelerated master's degrees, and numerous global learning opportunities.
The school offers a variety of courses, including:
- ACCT 1201 Financial Accounting and Reporting: Covers the basic concepts underlying financial statements and the accounting principles followed in the preparation of the balance sheet, the income statement, and the statement of cash flows.
- ACCT 2301 Profit Analysis for Managers and Advisors: Focuses on the development and analysis of information for managerial decision making within the firm.
- ACCT 3304 Business Law and Professional Ethics: Covers business law, professional code of conduct, and the importance of ethical behavior in today’s business environment.
- BUSN 1101 Applied Business Fundamentals: Blends theoretical principles with real-life application. Introduces the fundamentals of launching, growing, and managing a business venture in today’s dynamic and increasingly global environment.
- BUSN 1103 Professional Development for Business Co-op: Introduces students to the Cooperative Education Program and provides them with an opportunity to develop job-search and career-management skills.
Graduate Programs
The graduate school offers Master of Science (MS) and Master of Business Administration (MBA) degrees. Master of Science degrees are available in Accounting, Taxation, Finance, International Business, and Technological Entrepreneurship. The school also offers several certificates, including Advanced Study in Management, Supply Chain Management, and Technological Entrepreneurship.
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The full-time MBA program is a 60-credit program that can be completed in 24 months of full-time study, including a six-month paid corporate residency. The curriculum incorporates a globalization requirement fulfilled through the Global Projects Course, an international consulting project. Students complete a required course curriculum in their first year, followed by an elective-based curriculum in their second year, determined by their chosen career track. Career tracks include Finance, Marketing, and Operations & Supply Chain Management.
In addition to the full-time MBA, the school offers specialized MBA programs, including a High Tech MBA, Online MBA, and Executive MBA. It also provides Online MSF (Master of Science in Finance) and Online MST (Master of Science in Taxation) programs.
Northeastern offers dual degrees combining the MBA degree with an MS or JD. Dual degree programs include MS Finance/MBA, MS Accounting/MBA, MS Nursing/MBA, and JD/MBA.
Global Perspective
The D'Amore-McKim School of Business emphasizes the importance of a global perspective in business education. The full-time MBA program includes a globalization requirement that is met through the Global Projects Course, an international consulting project. These programs are designed to give students knowledge in and new perspectives regarding international business. All courses involve a multinational faculty and are taught in English. Each year, students can apply to their choice of one of four destinations offered.
Rankings and Recognition
The D'Amore-McKim School of Business has consistently received recognition for its high-quality programs. In 2013, the undergraduate business school ranked 25th in the nation according to Business Week, and in 2014, it ranked 19th. Northeastern also ranked No. by the Financial Times and No. 21 in the nation by US News. The Finance Department is ranked No. 2 in the nation by Advances in Financial Education in terms of the number of publications in financial journals. Undergraduate students have also excelled in case competitions, winning nine of the last 11 Business School Beanpot competitions against other Boston-area business schools. The full-time MBA program was ranked #51 in the 2012 Bloomberg Businessweek report, moving up five places since the 2010 report.
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Shaping the Future of Business Education
The D'Amore-McKim School of Business is committed to staying at the forefront of business education. The school recognizes the increasing importance of technology and data analytics in the modern business world and offers courses such as ACCT 3220 Data Analytics for Advisory Services, which covers how data analytics is used to address business problems in the advisory services field.
The school also emphasizes the importance of ethics in business, with courses such as ACCT 3304 Business Law and Professional Ethics, which covers business law, professional code of conduct, and the importance of ethical behavior in today’s business environment.
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