Public Relations & Communications > Facts & Stats > Driehaus College of Business and Kellstadt Graduate School of Business

DePaul University’s Driehaus College of Business offers highly respected programs of business study that provide real-world knowledge and connections for career advancement. The college encompasses the university’s undergraduate business program and the Kellstadt Graduate School of Business.


During its centennial year, DePaul’s business college received a $30 million gift from alumnus Richard H. Driehaus, CEO of Driehaus Capital Management. The college, then called the College of Commerce, was renamed the Driehaus College of Business to honor his longtime partnership with his alma mater. 
The college enrolled 4,294 undergraduate students and 1,706 graduate students for the 2015-2016 academic year. The college employs 143 full-time as well as numerous adjunct faculty members, representing a diverse blend of leading scholars and distinguished business professionals who bring real-world experience to the classroom. 
The college is located in the DePaul Center, 1 E. Jackson Blvd., on DePaul’s Loop Campus, near the heart of the city’s financial district. Graduate business courses also are offered on DePaul’s O’Hare and Naperville campuses. 
The Driehaus College of Business, among the first 10 business colleges in the United States when it was founded in September 1912, began offering classes in January 1913. It also was the first business school in downtown Chicago and the first business school at an American Catholic university. The college launched its master of business administration (MBA) program in 1948. 
The Kellstadt Graduate School of Business is named for Charles H. Kellstadt, the former chief executive officer and chairman of Sears, Roebuck and Co. In 1992, the directors of the Kellstadt Foundation Trust donated the trust’s $9 million to DePaul. 
The Driehaus College of Business has nearly 60,000 living alumni. 

The top 20 business employers of DePaul business graduates are: Northern Trust Corp., JPMorgan Chase & Co., Deloitte, EY, BMO Harris Bank, Motorola Solutions, PricewaterhouseCoopers, Allstate Insurance, McGladrey, Bank of America, AT&T, KPMG, BP Corp., Abbott Laboratories, Accenture, Walgreen Co., Kraft General Foods, HSBC-North America, CNA Insurance and Health Care Service Corp.

The Driehaus College of Business has graduated many notable business leaders, including Richard H. Driehaus, founder and chairman, Driehaus Capital Management; James T. Ryan III, chairman, CEO and president, W.W. Grainger, Inc.; Frank Ptak, president and CEO, The Marmon Group; Joe Adams, managing partner and CEO, McGladrey; Jack M. Greenberg, former chairman and CEO, McDonald’s Corp.; James Jenness, former chairman, Kellogg Co.; Jill Harley, managing director and chief accounting officer, CME Group; Darrell Williams, managing director, Loop Capital Financial Consulting Services;  Joyce Carson, vice chancellor and chief financial officer, City Colleges of Chicago; Emilia DiMenco, president, Women’s Business Development Center; Biff Bowman, chief financial officer, Northern Trust; Karen Atwood, executive vice president, service and technology, Health Care Services Corp.; Stacy Janiak, national managing partner – markets & talent partner, Deloitte; and Gerald A. Beeson, chief operating officer, Citadel.


Third highest ranked Chicago part-time MBA program in Bloomberg Businessweek’s 2015 business school rankings.
An undergraduate program ranked No. 12 and a graduate program ranked No. 15 nationally in The Princeton Review's "Top 25 Entrepreneurship Programs 2016" 
Three accountancy programs ranked in the top 10 by employers. The college's Master of Science in Taxation program was ranked No. 2, Master of Science in Accountancy program was ranked No. 3, and the undergraduate accounting program placed No. 6 nationally, according to corporate tax hiring authorities surveyed by 
Highest ranked Chicago business college in Bloomberg Businessweek's 2014 national rankings of undergraduate business programs 
Ranked in the top 20 nationally for producing minority graduates with master's degrees in finance (No. 6), bachelor degrees in marketing (No. 14), and bachelor's degrees in finance (No. 17), according to Diverse Issues in Higher Education's "Top 100 Minority Degree Producers 2014". 
Ranked sixth in the Excellent Business School category among U.S. institutions, based on an international survey of 1,000 business school deans conducted by Eduniversal, a Paris-based education consulting organization.  Eleven DePaul graduate business degrees also placed among the top 50 in Eduniversal's 2014-2015 rankings of degrees offered by American business schools. 


The college has seven major divisions: the School of Accountancy and Management Information Systems; the School of Hospitality Leadership; and the departments of economics, finance, marketing, management and real estate. 
Ten undergraduate business majors are offered: accountancy, actuarial science, business administration economics, finance, hospitality leadership, management, management information systems, marketing and real estate. 
The Kellstadt Graduate School of Business offers the DePaul MBA, which can be completed in both flexible and cohort formats.
The school’s career-focused Part-Time MBA curriculum allows students to tailor their educational experience to meet professional needs by choosing from more than 20 concentrations. 
Designed for professionals who are looking to enhance their expertise in a specific career path, 17 specialized master’s degrees are offered by Kellstadt. 
Kellstadt offers these combined degree programs: MBA/JD with the DePaul College of Law; MBA in Health Sector Management/MA in Health Communication with Rush University;  MBA/MA in Sustainable Business Management with the American University in Paris; and many combined BS/MS degrees.
The college’s Doctorate in Business Administration provides experienced executives with a mastery of sophisticated applied research for addressing contemporary business issues. 
The Driehaus College of Business is home to a variety of centers and institutes with research, education and outreach missions. For a full list, visit Centers & Institutes
Opened in 1993, the Driehaus Center for International Business at the Driehaus College of Business organizes study abroad seminars on business topics and facilitates faculty exchanges with academic institutions around the world. DePaul’s university-wide Study Abroad Program also offers undergraduate and graduate students a range of options, from programs lasting two to three weeks to term-long study in another country. 
DePaul’s MBA program in Bahrain opened in 2001 through a partnership with the Bahrain Institute of Banking and Finance. When it launched, it was the first MBA degree program in the Persian Gulf taught by faculty from an accredited U.S. business school. It also offers master’s degrees in finance and human resources management.
About the Dean

Ray Whittington brings distinguished credentials as an academic leader, researcher and industry practitioner to his role as dean of the Driehaus College of Business and the Kellstadt Graduate School of Business. He was appointed dean in 2006 after serving for nine years as the Ledger & Quill director of the School of Accountancy and Management Information Systems, which is part of the business school. 

During his deanship, the college has earned high rankings for its academic quality, launched the School of Hospitality Leadership, elevated the real estate program to a department and expanded its educational partnerships globally. 

Whittington earned his doctoral degree from the University of Houston, master’s degree in accounting from Texas Tech University and bachelor’s degree in business from Sam Houston State University. 

Prior to joining the faculty at DePaul, he was director of the School of Accountancy at San Diego State University. From 1989 through 1991, he was the director of Auditing Research for the American Institute of Certified Public Accountants, and previously he was an auditor for KPMG. He serves on the board of directors of the Graduate Management Admission Council and is a member of the continuous improvement review committee of AACSB International—The Association to Advance Collegiate Schools of Business.

The Driehaus College of Business and Kellstadt Graduate School of Business website is