Scott College of Business Timeline

By isuscb
  • Commerce Department formed

    Commerce Department formed
    1918 -- Commerce Department formed by Indiana State Normal School; Commerce Department was located in Old Main and chaired by Shepherd Young. (Old Main, Indiana State Normal School. Image from ISU Archives - http://library.indstate.edu/archives/exhibits/architecture/OldMain.htm )
  • First undergraduate degree

    1923 -- First undergraduate degree in commerce awarded to Herman Boyle, who eventually retired as an executive of Standard Oil Company.
  • Establishment of Chi Chapter of Pi Omega Pi,

    1934 -- Establishment of Chi Chapter of Pi Omega Pi, which promotes scholarship in business education.
  • New Federal building and Post Office opens

    New Federal building and Post Office opens
    1935 - The new Federal Building and Post Office opens on Cherry Street. No one knew it yet, but this was to be the future home of the Scott College of Business. (Federal Building and Post Office circa 1940 - Image from Ray Thomas)
  • Commerce Department moved

    Commerce Department moved
    1940 -- Commerce Department moved to second floor of Fine Arts and Commerce Building. (Fine Arts and Commerce Building, 1941. Image from Ray Thomas)
  • Graduate programs added.

    1948 -- Graduate programs added.
  • Business Administration offered

    1952 -- Programs in business administration added.
  • Department moved to Science Building

    Department moved to Science Building
    1962 -- Department moved to renovated Science Building on north side of the quadrangle (formerly Classroom Building) (Business Department circa 1965 - Image from Ray Thomas)
  • Commerce Department name changes

    1962-1964 -- Commerce Department name changed to Department of Business Education and again to the Division of Business
  • School of Business created

    School of Business created
    1964 -- School of Business created with Dr. Paul Muse as dean. (School of businesss circa 1965 - Image from Ray Thomas)
  • First MBA degrees awarded

    1969 -- First MBA degrees awarded; facilities expanded by adding fourth floor to business building.
  • Relocation to Statesman Towers

    Relocation to Statesman Towers
    1980 -- Relocation to Statesman Towers on Sycamore between 8th and 9th streets. (Statesman Towers circa 1965 - Image from Ray Thomas)
  • Granted accreditation

    1980 -- Granted undergraduate business accreditation by the American Assembly of Collegiate Schools of Business (AACSB).
  • Established Beta Gamma Sigma

    1981 -- Established Beta Gamma Sigma (highest national recognition business student can receive)
  • MBA accreditation granted

    1983 -- Full accreditation received for master's program by AACSB.
  • IRM Program started

    1988 -- Insurance and Risk Management Program initiated -- offering major and minor
  • COB 25th Anniversary

    1989 -- College of Business celebrates 25th anniversary
  • 1989

    1989 -- Full re-accreditation granted to SCB
  • 1st Annual IRM Octoberfest Golf Scramble

    1st Annual IRM Octoberfest Golf Scramble
    The Insurance and Risk Management program held it's 1st Annual IRM Octoberfest Golf Scramble. (Image: ISU Archives) This is from the 2007 event.
  • Gongaware Center established

    Gongaware Center established
    1999 -- Gongaware Center (established with $5 million gift from Donald and Pat Gongaware)
  • Networks Financial Institute established

    2003 -- Networks Financial Institute established with a $20 million Lilly Endowment grant.
  • College of Business name change

    2004 -- School of Business name changed to College of Business.
  • 1st NFI Annual Insurance Summit

    1st NFI Annual Insurance Summit
    The First NFI Annual Insurance Summit took place in Washington D.C. on February 11, 2004 (Image: ISU Archives)
  • 1st Annual Ethics Conference

    1st Annual Ethics Conference
    March 27, 2006 - The first conference on "Ethics and Corporate Responsibility" was organized by Networks, Gongaware and President's Junior scholars. (Image: ISU Archives)
  • Motorsports Management Minor

    Motorsports Management Minor
    April 2006 - The Motorsports Management Minor program was started in collaboration with the Colleges of Technoloy and Nursing, Health and Human Services. (Image: ISU Archives)
  • Money Bus hits the road

    Money Bus hits the road
    May 18, 2006 - NFI's innovative Money Bus starts visiting schools in Indiana (Image: ISU Archives)
  • Financial Services National Distinction

    2007 -- ISU recognizes Financial Services as one of two Programs of National Distinction
  • NFI $3M grant

    2007 - Networks Financial Institute receives $3 million grant from the Lilly Endowment
  • Minas Center established

    2007 -- Minas Center for Investment and Financial Education established
  • NFI Wins Two National Awards

    NFI Wins Two National Awards
    April 2007 - Networks Financial Institute earned the Not for Profit Organization of the Year and Published Research Paper of the Year for the booklet "Assessing Adult Financial Literacy and Why it Matters" awards by the Institute for Financial Literacy.
  • Nancy J. Merritt named Dean of College of Business

    Nancy J. Merritt named Dean of College of Business
    Nancy J. Merritt named Dean of College of Business (Image: ISU Archives)
  • Financial Trading Room opens

    Financial Trading Room opens
    2007 -- Financial Trading Room opens (Financial Trading Room opening November 15, 2007 - Image from ISU Archives)
  • MBA program in Princeton Review

    2009 -- MBA Program featured in Entrepreneur magazine, top 15 in Princeton Review.
  • Sales and Negotiations Center created

    2009 -- Sales and Negotiations Center created
  • $1.3 million for Minas Center and trading room

    2009 -- Randall and Nancy Minas donate $1.3 million for Minas Center and trading room
  • MBA 4th year in Princeton Review

    2009 -- MBA Program named for fourth year straight among best in nation by Princeton Review
  • Renamed Scott College of Business

    2009 -- ISU trustees approve naming college the Scott College of Business
  • Scott College building

    2010 -- State Budget Committee approves Scott College building project
  • NFI $6M grant

    2010 -- Lilly Endowment awards Networks Financial Institute $6 million
  • Scott College of Business dedicated

    2010 -- University dedicates naming of the Scott College of Business
  • Professional MBA launched

    2010 -- Professional MBA launched in Hendricks County
  • Executive Express cafe launched

    Executive Express cafe launched
    January 19, 2010 -- Student-run cafe launched - Executive Express (Image: ISU Archives)
  • NFI's Kids Count game wins national award

    NFI's Kids Count game wins national award
    October 2010 - NFI's Kids Count game wins Instructional Game of the Year by the Institute for Financial Literacy (Image: ISU Archives)
  • Strategic Plan for Scott College

    2011 -- Scott College adopts new Strategic Plan
  • Scott College one of best business programs

    2011 -- College recognized in top tier for "best business programs" by US News & World Report
  • Scott College re-accreditated

    2011 -- Scott College of Business maintains prestigious accreditation by AACSB-International
  • Research @ Scott launched

    Research @ Scott launched
    2011 -- Research @ Scott publication launched (Image: ISU Archives)
  • Scott College of Business reorganized

    2011 -- Scott College of Business reorganizes into three departments
  • First Whitman European Business Student Experience

    2011 -- First Whitman European Business Student Experience travels to Paris
  • MBA 6th year in Princeton Review

    2011 -- MBA Program named for sixth year straight among best in nation by Princeton Review
  • NFI issues report to FIO

    NFI issues report to FIO
    August 2011 - Networks Financial Institue helped shape federal insurance policy with its "Report to the Federal Insurance Office"
  • NFI $3M grant

    2012 -- Lilly Endowment awards Networks Financial Institute $3 million grant
  • MBA 7th year in Princeton Review

    2012 -- MBA Program named for seventh year straight among best in nation by Princeton Review
  • Dr. Brien Smith named Dean of SCB

    Dr. Brien Smith named Dean of SCB
    2012 -- Dr. Brien Smith named Dean of the Scott College of Business (Image: ISU Archives)
  • SCB moves to Federal Hall

    SCB moves to Federal Hall
    August 2012 -- Students and faculty move into their new home in downtown Terre Haute -- Federal Hall (Image: Bruce McLaren)
  • Federal Hall dedication

    Federal Hall dedication
    2012 -- University dedicates Federal Hall as the new home for the Scott College of Business (Dedication of Federal Hall - image from ISU Archives)
  • Buttonwood Sculpture installed

    Buttonwood Sculpture installed
    September 9, 2012 -- Scott College's Buttonwood Sculpture installed (Image: ISU Archives)
  • NFI Scholar named Miss ISU

    NFI Scholar named Miss ISU
    October 27, 2013 - Jessica Weesner, a Networks Financial Institute scholar, became Miss ISU 2013 -14
  • NFI Fellow's paper among top SSRN downloads

    NFI Fellow's paper among top SSRN downloads
    March 18, 2014 - A Policy Brief written by Networks Financial Institute (NFI) Fellow Christopher Whalen, "Dodd-Frank and the Great Debate: Regulation vs. Growth" was recently listed in several Social Science Research Network’s (SSRN) categories as one of the top downloads. NFI's papers are available from its own web site, SSRN and RePEc.
  • IRM Program celebrates 25 years

    IRM Program celebrates 25 years
    April 12, 2014 - 25 years of the Insurance and Risk Management program was celebrated at the Indiana Roof Ballroom in Indianapolis on Saturday, April 12, 2014. The Scott College of Business’ Insurance and Risk Management Program began its path toward distinction in 1988. Through development of a rigorous curriculum, significant partnerships with industry leaders, and a strong commitment to experiential learning beyond the classroom, they have become nationally known as a premier undergraduate pr