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Our History

Our History 2017-09-06T15:28:52+00:00

A History of the College of Business

Business education has been taught at Iowa State University since the early 1920s, well before the College of Business was officially established in 1984. The first courses were held in the Department of Economics, back when Iowa State University was called Iowa State College and students paid a nickel to ride the train to get from town to campus.

Throughout the decades, the business department continued to grow and adapt to meet the needs our students, building our foundations on the commitment to educate the best business leaders and entrepreneurs of tomorrow. Accredited by The Association to Advance Collegiate Schools of Business (AACSB), the College of Business has a history of high-quality education through excellence in research, innovation in teaching, and diversity that broadens perspectives.

That’s why we serve more Iowa high school graduates than any other 4-year business program in the country. After three decades as the College of Business and over a hundred years of business education, the future of business has never been brighter.

  • 2013 – David P. Spalding named Raisbeck Endowed Dean, the College of Business’ fifth dean
  • 2012 – Michael Crum named interim Dean and Raisbeck Endowed Dean
  • 2004 – Gerdin Business Building opened on January 6, 2004
  • 2002 – Labh S. Hira appointed Dean
  • 2000 – Re-accreditation by AACSB
  • 1998 – College of Business initiative launched with $10 million gift from Russell and Ann Gerdin
  • 1996 – Pappajohn Center for Entrepreneurship established
  • 1995 – Benjamin J. Allen named Dean
  • 1991 – Name changed to College of Business and initial AACSB accreditation received
  • 1989 – David L. Shrock named Dean
  • 1984 – College of Business Administration officially formed on July 1, 1984
  • 1978 – Charles B. Handy named as head of business programs