Culverhouse College of Business
2022-2023
DEAN'S REPORT
KAY M. PALAN
Dean, Culverhouse College of Busines
A MESSAGE FROM THE DEAN
The 2022-2023 academic year started with a leap forward, in the U.S. News & World Report rankings, from #30 to #26 best undergraduate program in business. Our students, faculty, and staff also enjoyed the use of a fully-renovated Angelo Bruno Business Library and Sloan Y. Bashinsky Sr. Computer Center. The building features collaboration spaces throughout, and on the ground floor, special recognition of the Bashinsky family’s generosity.
Our beloved Mary Hewell Alston Hall also got a much-needed facelift in the spring. Generous gifts from alums like Ari and Ann Deshe made it possible to renovate this building, which serves as the administrative heart of the College. The fourth floor of the building was gutted and remodeled, including the dean’s office suite, marketing and communications, development, and alumni and corporate relations offices, and the newly-named Deshe Parlor. The ground floor was also completely renovated as part of this project and is now a bold and dynamic gathering space full of students working and studying between classes.
Culverhouse has been continuously accredited by the Association to Advance Collegiate Schools of Business (AACSB) since 1929. We had a successful AACSB Continuous Improvement Review in spring of 2023 for both the b-school at large and for the Culverhouse School of Accountancy.
And finally, we are continuing to grow as an institution. For 2022-2023, we again broke an enrollment record and for 2023-2024, we fully expect to have over 10,000 students enrolled in our many programs. Of course, our goal is to deliver a world-class business education that all of our alums can be proud of.
As always, if you have questions or comments, please reach out, or if you’re in the area, stop by.
Thanks, and Roll Tide!
Dean Kay M. Palan
kay.palan@culverhouse.ua.edu
Culverhouse College of Business
The University of Alabama
2022-2027 Strategic Plan
ACADEMICS AT THE VANGUARD
Business Cyber Security
In today’s interconnected world, where data breaches and cyber threats have become increasingly prevalent and costly for those affected, experts who can proactively develop resilience programs — and assemble measured and appropriate responses — are in high demand.
In response, the Culverhouse College of Business has deployed a new undergraduate degree offering in business cyber security.
About the program, Dr. Allen Johnston, professor of management information systems and the Hewson Professor of Cyber Security, said the program, “promises to help students gain the knowledge and skills necessary to identify vulnerabilities, implement robust security measures, and develop incident response plans, thereby reducing the overall risk for organizations.”
Sales Leadership
The sales leadership concentration in the Master of Science in Marketing is an immersive, customizable program that provides cutting-edge industry practice, experiential role-play, and real-world examples for students who are ready for leadership roles within specific sectors of sales.
Dr. Bryan Hochstein, an associate professor of marketing who oversees the program, said, “Our graduate program aims to recruit students that seek challenge and a career path in sales that leads to a management role after completing the program. Ultimately, this will be a graduate-level, more immersive, continuation of undergraduate sales coursework where students will earn sales certifications, network with industry partners, and hone their sales skills and leadership talents.”
TOTAL ENROLLMENT
2022-2023
UNDERGRADUATE PROGRAMS
$60,259 Starting Salary
92% Placement Rate
MANDERSON GRADUATE SCHOOL OF BUSINESS
$86,380 Average First Year Compensation (MBA)
90% Placement Rate (MBA)
#1 in Alabama
While the past year saw our academic programs improve — or hold relatively steady — on rankings lists, our research enterprise moved upward significantly in a key ranking.
Research productivity is a key indicator of business school quality, and one of the most important benchmarks is the protocol established by the University of Texas at Dallas’ Naveen Jindal School of Management. On a rolling basis, the school measures publications, including their authors and affiliations, in 24 leading business journals across major business disciplines.
The result is a ranked list of the top business schools by their contributions to research, with separate top 100 lists for the worldwide and North American business school communities, as well as a list of rankings by journal.
In the year since Culverhouse has made the list, the school has climbed from #96 to #88 in North America.
Dr. James Cochran, Culverhouse’s associate dean for research and faculty at the time the rankings were announced, said, “We are pleased, but not surprised, to see Culverhouse climbing in the research rankings, which is a reflection on our dedicated research faculty.”
Read the 2022 Culverhouse Impact Report and learn more about how the research enterprise at Culverhouse College of Business is making a difference.
ANOTHER BANNER YEAR
26th
Public
B-School
U.S. News & World Report
#5
Online Master's for Veterans
U.S. News & World Report
14th
Best Online Master's Overall
U.S. News & World Report
#26
Public
MBA
U.S. News & World Report
#BAMAMEANSBUSINESS
CENTER SPOTLIGHT
ALABAMA REAL ESTATE CENTER
Housed within the Culverhouse College of Business, the Alabama Center for Real Estate, or ACRE, focuses educational resources and university research toward improving the real estate industry across the state and nationwide. The Center accomplishes this by recruiting real estate professionals from the commercial and residential landscape to expose students to all facets of the industry. Along with a focus on business development, ACRE also conducts market research to help educate consumers and industry professionals so they make informed decisions in an ever-changing market.
The Alabama Center for Real Estate was established in 1996 through a legislative act and the coordinated efforts of the Culverhouse College of Business, the Alabama Real Estate Commission, and the Alabama Association of REALTORS. ACRE is governed by bylaws established by the Center’s Advisory Board which currently has 30+ members from diverse backgrounds representing all regions of the state and various aspects of the real estate industry.
ACRE has evolved since its founding and currently focuses its efforts on shaping the future of real estate through teaching, research, and service. It does this in several ways including:
- Creating the Careers and Opportunities in Real Estate (CORE) program, a free online eight-module course that introduces the vast career paths in commercial real estate. The CORE program is designed to bring more people from underrepresented groups into entry-level positions in the real estate industry.
- Partnering with the Collegiate Careers Assistance Program (CCAP), a student-led organization with a passion for commercial and residential real estate. Since its inception in 2017, CCAP has served more than 800 Alabama students.
- Hosting annual conferences and forums in Birmingham, Montgomery, and Huntsville to strengthen connections in the real estate industry.
More about ACRE and its mission at acre.culverhouse.ua.edu.
This past year, the Alabama Center for Real Estate launched two forward-looking indices calculated from a survey of commercial and residential practitioners. Eight key indicators create a composite index of overall market conditions and an outlook for specific property types.
The Alabama Commercial Real Estate Index and the Alabama Residential Real Estate Index are published quarterly.
We are an inclusive community, committed to personal engagement and dedicated to shaping the future of business through excellence in teaching, research, and service.
COMMITMENT TO CAREER DEVELOPMENT
Business LEAD, Culverhouse’s required professional development and engagement program, readies students for employer and workplace expectations through a holistic, competency-based approach.
TOP TEN EMPLOYERS
Undergraduate, May 2022
Hewlett-Packard Enterprise
KPMG
Lockheed Martin
Oracle
Ernst & Young (EY)
AT&T
Deloitte
Fidelity Investments
Goldman Sachs
Keller Williams Realty, Inc.
TOP TEN DESTINATIONS AFTER GRADUATION
Undergraduate, May 2022
Alabama
Texas
Georgia
Tennessee
New York
Illinois
Florida
North Carolina
California
Pennsylvania
FUNDING FOR THE FUTURE
We are so grateful for the increased support over the past year from our generous donors.
The Rising Tide, the $1.5 billion campaign for The University of Alabama, is focused on furthering UA’s mission of exemplary teaching, research, and service. Culverhouse’s target as part of Rising Tide is $200 million in order to support efforts to transform learning, society, and thought leadership within the College.
Total Culverhouse Gifts and Contributions
October 1, 2016 - August 24, 2023
$140,041,545
$200M Campaign GoaL | 71% To Goal
5,654 Total Donors | 16,672 Gifts
1,025 First Time Donors | 3,502 Alumni Donors
91 new scholarships | 15 new faculty support lines
Total Amount of Scholarships Awarded in 2022-2023
$2,852,495
282 Endowed Scholarships | 73 Gift Funds
Your Support Creates the Business Leaders Of Tomorrow
