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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 )
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1923 -- First undergraduate degree in commerce awarded to Herman Boyle, who eventually retired as an executive of Standard Oil Company.
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1934 -- Establishment of Chi Chapter of Pi Omega Pi, which promotes scholarship in business education.
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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)
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1940 -- Commerce Department moved to second floor of Fine Arts and Commerce Building. (Fine Arts and Commerce Building, 1941. Image from Ray Thomas)
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1948 -- Graduate programs added.
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1952 -- Programs in business administration added.
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1962 -- Department moved to renovated Science Building on north side of the quadrangle (formerly Classroom Building) (Business Department circa 1965 - Image from Ray Thomas)
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1962-1964 -- Commerce Department name changed to Department of Business Education and again to the Division of Business
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1964 -- School of Business created with Dr. Paul Muse as dean. (School of businesss circa 1965 - Image from Ray Thomas)
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1969 -- First MBA degrees awarded; facilities expanded by adding fourth floor to business building.
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1980 -- Relocation to Statesman Towers on Sycamore between 8th and 9th streets. (Statesman Towers circa 1965 - Image from Ray Thomas)
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1980 -- Granted undergraduate business accreditation by the American Assembly of Collegiate Schools of Business (AACSB).
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1981 -- Established Beta Gamma Sigma (highest national recognition business student can receive)
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1983 -- Full accreditation received for master's program by AACSB.
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1988 -- Insurance and Risk Management Program initiated -- offering major and minor
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1989 -- College of Business celebrates 25th anniversary
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1989 -- Full re-accreditation granted to SCB
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The Insurance and Risk Management program held it's 1st Annual IRM Octoberfest Golf Scramble. (Image: ISU Archives) This is from the 2007 event.
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1999 -- Gongaware Center (established with $5 million gift from Donald and Pat Gongaware)
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2003 -- Networks Financial Institute established with a $20 million Lilly Endowment grant.
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2004 -- School of Business name changed to College of Business.
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The First NFI Annual Insurance Summit took place in Washington D.C. on February 11, 2004 (Image: ISU Archives)
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March 27, 2006 - The first conference on "Ethics and Corporate Responsibility" was organized by Networks, Gongaware and President's Junior scholars. (Image: ISU Archives)
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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)
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May 18, 2006 - NFI's innovative Money Bus starts visiting schools in Indiana (Image: ISU Archives)
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2007 -- ISU recognizes Financial Services as one of two Programs of National Distinction
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2007 - Networks Financial Institute receives $3 million grant from the Lilly Endowment
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2007 -- Minas Center for Investment and Financial Education established
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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.
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Nancy J. Merritt named Dean of College of Business (Image: ISU Archives)
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2007 -- Financial Trading Room opens (Financial Trading Room opening November 15, 2007 - Image from ISU Archives)
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2009 -- MBA Program featured in Entrepreneur magazine, top 15 in Princeton Review.
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2009 -- Sales and Negotiations Center created
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2009 -- Randall and Nancy Minas donate $1.3 million for Minas Center and trading room
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2009 -- MBA Program named for fourth year straight among best in nation by Princeton Review
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2009 -- ISU trustees approve naming college the Scott College of Business
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2010 -- State Budget Committee approves Scott College building project
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2010 -- Lilly Endowment awards Networks Financial Institute $6 million
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2010 -- University dedicates naming of the Scott College of Business
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2010 -- Professional MBA launched in Hendricks County
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January 19, 2010 -- Student-run cafe launched - Executive Express (Image: ISU Archives)
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October 2010 - NFI's Kids Count game wins Instructional Game of the Year by the Institute for Financial Literacy (Image: ISU Archives)
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2011 -- Scott College adopts new Strategic Plan
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2011 -- College recognized in top tier for "best business programs" by US News & World Report
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2011 -- Scott College of Business maintains prestigious accreditation by AACSB-International
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2011 -- Research @ Scott publication launched (Image: ISU Archives)
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2011 -- Scott College of Business reorganizes into three departments
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2011 -- First Whitman European Business Student Experience travels to Paris
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2011 -- MBA Program named for sixth year straight among best in nation by Princeton Review
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August 2011 - Networks Financial Institue helped shape federal insurance policy with its "Report to the Federal Insurance Office"
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2012 -- Lilly Endowment awards Networks Financial Institute $3 million grant
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2012 -- MBA Program named for seventh year straight among best in nation by Princeton Review
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2012 -- Dr. Brien Smith named Dean of the Scott College of Business (Image: ISU Archives)
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August 2012 -- Students and faculty move into their new home in downtown Terre Haute -- Federal Hall (Image: Bruce McLaren)
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2012 -- University dedicates Federal Hall as the new home for the Scott College of Business (Dedication of Federal Hall - image from ISU Archives)
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September 9, 2012 -- Scott College's Buttonwood Sculpture installed (Image: ISU Archives)
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October 27, 2013 - Jessica Weesner, a Networks Financial Institute scholar, became Miss ISU 2013 -14
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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.
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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
