At Boston University Questrom School of Business, we believe in asking, “What’s next?” More than that, we believe in having an answer.

To stay ahead, we’re transforming every day. We’re reshaping existing programs, creating new ones, and seeking fresh ways to expand our students’ experience to ensure they gain valuable skills, insights, and connections from our vibrant community and enter the workforce as highly effective leaders.

At Questrom, innovation really stands for inspiration. We don’t make changes simply for changes’ sake. We enhance the education we provide our students, and revolutionize management practice through our faculty’s research. We believe in sparking innovation that redefines.

Our new Master of Science in Management Studies is a striking example: a nine-month, free-form program that challenges students without a background in business to tackle real-time issues with companies like AT&T, Quintiles, and Paint Bar. Simply put, it’s changing the game. The program was born out of findings from our Business Education Jam, which we launched in collaboration with IBM and other premier sponsors. An unprecedented online brainstorm, the Jam united thousands of participants across the globe to envision solutions to a more innovative future for business education. The world is changing rapidly—those who don’t change with it will be left behind.

We’re also increasing our influence with new research centers and institutes, including the Susilo Institute for Ethics in the Global Economy, which provides business students and leaders with the tools to make the most responsible decisions for their organizations and society. Our startup incubator, the BUzz Lab, is BU’s hub for entrepreneurship and home to some of the most creative ideas on campus. There’s the Boston University Institute for Sustainable Energy, too, which is administered through Questrom and is working toward a greener future for our world. It’s also helping Questrom and BU become leaders in the global sustainability community.

WHERE WE’RE HEADED

In a world that is both expanding and shrinking by the minute, we’re keeping stride by developing and refining our programs and courses to fit modern realities. From where we sit, the three sectors of the global economy that are particularly vital are health & life sciences, digital technology, and social enterprise & sustainability, and we have adjusted our curricula accordingly, as well as our classrooms, which were recently renovated with the latest interactive technology. We’re also infusing deeper discussions of ethics and social responsibility throughout our programs and have been adding more international explorations.

In 2013, we celebrated our first 100 years of innovation. In 2015, we received the kind of boost that will propel us well into the future. With a record-setting $50 million gift, Allen Questrom (Questrom’64, Hon.’15) and his wife Kelli (Hon.’15), and the Allen and Kelli Questrom Foundation are helping us further our commitment to developing the next generation of innovative leaders. Allen Questrom is a retailing icon, having successfully transformed some of the nation’s largest department stores, including JCPenney, Neiman Marcus, and Barneys New York. The Questroms’ donation also provides seed funding for the addition of a new 60,000-square-foot classroom space. Since moving into our current home, the Rafik B. Hariri Building on Commonwealth Avenue, the School has expanded significantly, with the student body almost doubling in size over the past 25 years.

Reinforcing a more expansive philosophy, the former School of Management was renamed the Questrom School of Business. Swapping “management” for “business,” says Dean Kenneth W. Freeman, reflects the latter word’s broader scope, “representing the vast and vibrant range of industries, encompassing everything from for-profit to nonprofit enterprises around the world, for which we aim to prepare our students.”