Palumbo-Donahue School of Business
Contact
www.duq.edu/business
412.396.6277
Administration
Dean B. McFarlin, Ph.D.
Dean
Karen Russo Donovan, Ph.D.
Sr. Associate Dean, Academic Programs and Executive Education
Risa Kumazawa, Ph.D.
Associate Dean, Academic Systems and Accreditation
History
The Palumbo-Donahue School of Business was established in 1913 as the School of Accounts and Finance. In 1931, the name was changed to the School of Business Administration to reflect the expansion of course offerings and growing professional stature in the education community. With programs dating from the founding of the School in 1913, the Palumbo-Donahue School of Business has continued to develop, broaden and adapt its curriculum since 1957. The School earned accreditation in 1962 by the premier business school accrediting agency, AACSB International - The Association to Advance Collegiate Schools of Business. About five percent of business schools worldwide have achieved the AACSB distinction, and Duquesne has maintained it proudly for more than 60 years.
The Palumbo-Donahue School of Business has a long history of strong ties to local business leaders. Following a generous endowment in 1991 by Antonio J. Palumbo, an accomplished business professional, the School adopted his name for its undergraduate programs. In 1999, the graduate School was named in honor of a highly successful entrepreneur, John F. Donahue, who established an impeccable reputation for integrity, wisdom and hard work. Donahue, a former World War II bomber pilot, founded Federated Investors in 1955. By the early 1980s, Federated became the country's second largest fund operator. Donahue previously served as the firm's chairman and chief executive officer.
Vision Statement
Be A Premier Business School With Distinctive Excellence... We aspire to be recognized as a global leader in business education for impactful scholarship and engaging, distinctive programs and experiences that transform students' lives in a Catholic, Spiritan tradition and provide innovative solutions for communities, organizations, and the world.
Mission Statement
Provide Transformative Education in a Spiritan Tradition... We develop ethical business professionals who understand the global marketplace and serve others by leading with integrity to transform their communities, organizations, and society. Toward this end, we engage our students, alumni, and business partners with passionate faculty members who create impactful scholarship and innovative educational experiences that connect theory to practice.
Our Values
The Business of Difference Making - Principles that Drive Us Forward...
- Respect for the world. Our business perspective is shaped by the Spiritan emphasis on respect for the world and the pursuit of good environmental stewardship and social justice in doing so. That perspective also recognizes the fundamental value and dignity of all individuals and includes our commitment to creating an inclusive culture of respect, fairness and equality.
- Ethics and integrity. Ethics and integrity are essential characteristics of high-performing organizations over the long term. We want our faculty, staff and students to be guided by the highest principles of honesty, fairness, accountability, transparency, and moral courage.
- Student-centered. Everything we do is about putting students first. We have a relentless focus on giving students high quality learning and developmental opportunities that shape their ability to make a difference. Put simply, we are in the business of difference making for students.
- Scholarship that matters. We embrace impactful scholarship whether it involves discipline-based research that creates new knowledge, applied research that shapes business practice, or pedagogical research that helps improve teaching effectiveness.
- Practical wisdom. Business education is no longer just about knowledge acquisition. Instead, students need transformational experiences that show employers and others what they can do with knowledge. Instilling practical wisdom is what helps turn students into difference makers.
- Change and innovation. Business today is rapidly changing and our competitors aren't standing still. We embrace change and monitor trends in business education to measure ourselves against external benchmarks as well as by who our students become with the aim of creating innovative programs.
- Collaborative boundary-spanning. Our students need to understand and embrace cultural differences since today's business environment is increasingly and unmistakably global. Indeed, today's work world is filled with cross-functional teams and fluid boundaries across disciplines, organizations, communities, and cultures.
We add value for the greater good of our stakeholders by creating an environment of support for the intellectual pursuits of our faculty, a commitment to excellence in teaching, community outreach, and service.