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Darla Moore School of Business

  • Moore School Annual Report 2022-2023

2022-23 Annual Report

Moore School Dean, Rohit Verma with text: Message from the Dean

Dear Alumni, Students, Colleagues and Friends,

The 2022-23 academic year came to a close before I became the dean in August 2023. Former Dean Peter Brews and Interim Dean Jan Bass led the Moore School to have one of its best years so far with job placement outcomes, student salaries and rankings.

This web version of the 2022-23 Annual Report provides an in-depth look at the Moore School’s past year. We will be continually updating this online version as audits for the past academic and fiscal years are completed.

With the strength of the school’s recent achievements, my vision is to continue to enhance the Moore School’s programs to build on the solid foundation that has already been established.

Please don’t hesitate to reach out to me. My door is always open.

Rohit Verma

Strategic Areas, Fall 2023

Dean Rohit Verma has four key strategic areas where he is focusing the bulk of his time:

Enhance Degree Options

Build on the strong portfolio of current programs to include other minors, more multiple-degree options in collaboration with other USC colleges such as engineering, hospitality and health sciences and other U.S. and international institutions.

Strengthen the Team

Strengthen and nurture the team of faculty and staff through priority recruitment, professional development, opportunities for growth and exploration, and networking with distinguished visiting faculty, researchers and industry experts. Encourage continued top scholarly research across all departments.

Maximize Financials

Generate additional resources through corporate partnerships, philanthropic giving, research grants, creative fundraising ideas and optimizing costs where possible.

Emphasize Brand Value

Highlight the Moore School brand through promoting Moore School accomplishments and initiatives in media outlets, including through online media, news media, impactful events, community engagement and collaborative partnerships.

<Enrollment numbers> Enrollment 2022-23: 5,516 undergraduate students, 846 graduate students, 6,362 total students, 105 tenured/tenure-track faculty 71, full-time non-tenure-track faculty, 40 adjunct/professional-track faculty, 176 total full-time faculty, 36 student/faculty ratio, 100 total full-time staff, 64 student/staff ratio.  <Study abroad numbers> Study abroad: 773 undergraduate and graduate students studied abroad in 2022-23

Academic Rankings

See all of our academic rankings

U.S. News & World Report’s Best Colleges 2024

published in 2023

Undergraduate International Business: No. 1

Undergraduate Supply Chain Management/Logistics: No. 17

Overall: No. 47

U.S. News & World Report’s Best Business Schools 2024

graduate level, published in 2023

International (International MBA): No. 1

Part-Time MBA (Professional MBA): No. 18

Supply Chain/Logistics (International MBA): No. 20

Overall (International MBA): No. 55

Financial Times Masters in Management 2023

Financial Times Masters in Management 2023 (Master of International Business): No. 62 

Poets & Quants For Undergrads 2023 Best Business Schools 

Poets & Quants For Undergrads 2023 Best Business Schools (Undergraduate): No. 48 

Graduation 2022-23 numbers by Major: Accounting 157, Business Economics 68, Finance 598, International Business 177, Management 230, Marketing 363, Operations & Supply Chain 218, Real Estate 75; Risk Management & Insurance 112, Overall Undergrad 1421;   <Career outcomes > Reported career outcomes* Undergraduate: $68,996, salary average across all undergraduate majors 87%, job placement rate across all undergraduate majors: Full-Time MBA (includes International MBA and One-Year MBA)  $93,576 salary average 86% job placement rate  Master of Accountancy $71,500 salary average 97% job placement rate  Master of Human Resources $89,673 salary average 100% job placement rate  Master of International Business $65,134 salary average 91% job placement rate  Master of Science in Business Analytics $86,406 salary average 71% job placement rate  Ph.D. $152,000 salary average 100% job placement rate
*Accounts for students graduating during the summer 2022, December 2022 and May 2023 commencements. The job placement/salary data included in this report was collected via the industry-accepted National Association of Colleges and Employers (NACE) online survey, and all student data is self-reported. Responses for the 2023 survey were gathered from 1,421 graduates with a response rate of 50.88 percent (723 respondents).

Read our Undergraduate Majors Report for more information.

Average Salary Based on Internship Status: Salary with No Internship: 2019, $51,726.58; 2020, $54,274.14; 2021, $54,487.75; 2022, $60,028.13; 2023, $63,323.11; Salary with Internship: 2019, $58,895.36; 2020, $59,884.21; 2021, $60,442.57; 2022, $67,980.62; 2023, $71,054.73

Business Career EXPO Attendance Numbers

Every fall and spring semesters, the Moore School's Office of Career Management hosts the Business Career EXPO. Employees and representatives of companies attend to recruit students for fulltime jobs and internships.

Fall 2022 Business EXPO numbers: 122 employees attended, 232 reps attended, 1,370 students attended; Spring 2023 Business EXPO numbers: 108 employees attended, 323 reps attended, 904 students attended

Academic Spotlight: Full-Time International MBA program

The University of South Carolina has been one of the top universities to implement and execute a rigorous International MBA curriculum to prepare tomorrow's business leaders. The Moore School was a pioneer 50 years ago when they started their international business program as one of the first institutions to focus on global education. The IMBA program has been ranked No. 1 for 10 consecutive years and has been in the top 3 for 34 consecutive years — ever since U.S. News & World Report released their first IMBA rankings.

In honor of the IMBA’s half-century anniversary in 2024, the Moore School is offering a full financial award for top applicants enrolling in the International MBA program. 

Cheers to 50 years, International MBA program!

“The education I received during the IMBA program gave the CFO in my first job post-graduation the confidence to offer me the title ‘finance manager,' although I did not have previous work experience in either finance or management. Not a day passes where I do not reference something I learned while studying at the Darla Moore School of Business.”

Dan Houck, ’08 IMBA, is now the chief financial officer for minicomputer solutions specialist Simply NUC. Houck jumped from software developer to finance with the skills he gained from the IMBA.
Dan Houck headshot

Program Spotlight: Marketing and the Center for Marketing Solutions

Learn more about the Center for Marketing Solutions and see their board list.

The Moore School Center for Marketing Solutions seeks to provide a plethora of hands-on experience for marketing students through unique outreach programs, events, networking opportunities and project opportunities. The Center Advisory Board, which includes marketing executives and alumni, provides input for:

  • Sharing available marketing jobs (both full-time and internships)
  • Participating in experiential-learning projects
  • Enhancing the curriculum
  • Making sure the marketing department understands the realities of the marketplace and the overall marketing discipline as much as possible.

In 2022-23, the Center for Marketing Solutions coordinated 16 projects with corporate partners, including: Coca-Cola, Sonoco, Milliken, Continental Tire, Lionsgate Entertainment, Brown Forman, Breakthru Beverage Group, Alliance Sales and Marketing, FedEx.

Students engage with corporate partners throughout the semester or project and ultimately present their recommendations to executives from each company. In some cases, these projects have led directly to job offers and created a solid foundation for starting their marketing careers.   

The USC Chief Marketing Officer Summit is the annual showcase event for the marketing discipline sponsored by the Moore School marketing department. Now in its 7th year, with more than 400 students and others attending each year, the Summit provides students with access to marketing leaders across industries and geographies. From keynote talks with marketing professionals and alumni panels to TedTalk-style motivational discussions and networking opportunities, the event is not only highly impactful to our students but also provides an intimate way for USC and Moore School alumni to connect with the university.  

Past companies represented in the CMOs include: FedEx, Coca-Cola, Disney/ESPN, L’Oreal, Spotify, Pinterest, Procter & Gamble, Brown Forman, Allstate, Progressive, Chick-fil-A, IBM, Johnson & Johnson, Continental Tire, Breakthru Beverage Group, Georgia Pacific, Google

Moore School Center Updates

The Moore School’s 13 centers enhance the school’s capability and capacity to provide experiential learning, conduct research, work closely with corporate partners and keep the curriculum aligned with the needs of the business community. Many of the centers provide opportunities for faculty-led student consulting projects. The Moore School is in the process of launching its 13th center, the Center for Financial Institutions. Read on for a brief overview of the centers’ projects in 2022-23.

  • Established new engagement points with IBM and South Carolina Student Loan.
  • Organized an IBM cloud workshop, the Data for Good Hackathon, an Analytics Expo and the Applied Analytics Forum for Moore School students.
    • The Data for Good Hackathon, in collaboration with Final Victory Animal Rescue, received a much higher number of registrations from USC students compared to last year with 13 teams joining the competition; two MSBA student teams finished in the top three winning projects. 
  • Introduced three new practicum projects for the student teams in the Master of Science in Business Analytics (MSBA) program.
  • Read more about the Center for Business Analytics at the Moore School.
  • Hired executive director Marcia Avedon, a former executive VP, chief of HR, and marketing and communications officer at Trane Technologies.
  • Professor Anthony Nyberg succeeded fellow professor Patrick Wright as center director.
    Associate professor Adam Steinbach was appointed academic research director.
  • Significantly increased corporate memberships, rising to 50 partner companies.
  • Published four reports stemming from the annual HR@Moore Survey of Chief HR Officers.
  • Hosted roundtable events including American Airlines, Albemarle Corporation, AbbVie, National Academy of Human Resources and the National Association of Corporate Directors.
  • Organized Talent Leaders Network events hosted by The Home Depot in Atlanta and AbbVie in Chicago.
  • Sponsored the sixth annual Leadership Legacy Award, honoring 2022 winner, Steven J. Squeri, chairman and CEO at American Express.
  • Read more about the Center for Executive Succession at the Moore School.
  • Provided $50K in CIBER federal funds to support the SC Manufacturers Alliance's (SCMA) upcoming international business (IB) executive training program
  • Provided more than $140K in IB research funds to more than 20 Moore School faculty for their ongoing world-class research
  • Managed and conducted two Faculty Development in International Business (FDIB) overseas programs to Sub-Saharan Africa in May/June — Rwanda & South Africa (with 26 participants) and South Africa & Eswatini (with 18 participants)
  • Financially supported 16 Moore School/USC faculty and staff; and 10 MSI & CC faculty to attend other FDIB overseas programs , including South Korea, Scandinavia, Germany,  Philippines and Singapore, Japan, India and Turkey
  • Collaborated with the College of Arts and Sciences' Department of Languages, Literatures and Cultures (DLLC) to support their faculty's foreign language testing credentials in order to assess the continuing foreign language proficiency of Moore School graduate and undergraduate business students
  • Read more about CIBER at the Moore School
  • Delivered corporate partner projects to more than 70 percent of undergraduate marketing majors.
  • Hosted the largest USC CMO Summit to date, featuring 18 speakers with more than 300 students attending over two days.
  • Tasked the 24-person advisory board to review the marketing curriculum, create new student networking opportunities and explore new partnership opportunities.
  • Saw record average starting salaries and placement rates for marketing graduates.
  • Read more about the Center for Marketing Solutions at the Moore School.
  • Awarded 22 graduates the first “Sales Leadership Certificate” for taking 3+ sales classes.
  • Earned new National Sales Competition rankings.  
  • Delivered 11,000 engagements with students/corporate partners at sales events.
  • Launched SalesFEST and grew corporate partnerships by 42 percent.
  • Created the “CSI Studio” podcast to promote student involvement and differentiation.
  • The Carolina Sales Team finished 16/80 at the International Collegiate Sales Competition hosted by Florida State University in November 2022, and then in February 2023, won first place for “Top Bull Individual” and first runner up for “Top Bull Team” (the Championship Flight) at University of South Florida’s Selling with the Bulls.
  • Read more about the Center for Sales Success at the Moore School.
  • Hosted two Relentless Challenge Opportunity Workshops on blockchain and the SC Film Commission sponsored by the SC Department of Commerce.
  • Hosted seven alumni entrepreneurs in live-interview events recorded for their speaker series.
  • Added seven Friends of Faber donors including The General’s Hot Sauce, DPX, AOS and SCRA.
  • Taught 18 veterans in their STRIVE start-up classes supported by the Institute for Veterans and Military Families at Syracuse University.
  • Worked with 25+ startups & nonprofits through partnerships with USC’s law clinic, the McNair Institute for Free Enterprise and Entrepreneurism and GrowCO.
  • Awarded $25,000 in prizes to student and alumni startups at their annual The Proving Ground event.
  • Read more about the Faber Entrepreneurship Center at the Moore School.
  • Expanded avenues of engagement with its world-class global community in preparation for the Moore School’s 50th anniversary celebration of international business scheduled for April 2024.
  • Hosted 11 Sonoco Visiting Fellows from five continents to further promote senior-level global scholar and practitioner involvement at the Moore School.
  • Hosted five Pathways Speaker Series events, which allow students to speak with global leaders about their dynamic career journeys.
  • The UPS Global Scholars program, funded by The UPS Foundation, celebrated four years of broadening participation in international programming.
  • Read more about the Folks Center for International Business at the Moore School.
  • Conducted 21 capstone consulting projects through undergraduate and graduate courses with center-partner firms.
  • Certified 95 undergraduate and graduate students with the industry-validated Sonoco-USC Lean Six-Sigma Green Belt Certificate.
  • As of May 2023, the center had certified 1,596 graduates; to their knowledge, USC’s operations and supply chain program is the only academic program — across any discipline anywhere in the world — that has accomplished this milestone for students before graduation.
  • Read more about the Operations and Supply Chain Center at the Moore School.
  • Delivered nearly 30 external presentations to industry partners.
  • Conducted approximately 40 interviews with local and national media on a wide variety of risk-related topics.
  • Offered $10,000 in research grant funds to Moore School scholars.
  • Attracted approximately $25,000 in new scholarships for Moore School students studying risk management and insurance.
  • Read more about the Risk and Uncertainty Management Center at the Moore School.
  • Reactivated the center after a period of dormancy; the initial advisory board meeting was held fall 2023.
  • Secured vendor-sponsored free training seminar on industry valuation software for students with certificates provided.
  • Set up two seminars for students on real estate development with the Urban Land Institute also providing certificates.
  • Realigned existing endowed funds to more closely align with current needs.
  • Read more about the SC Center for Real Estate at the Moore School.
  • Collaborated with the SmartState® Center for Multifunctional Materials and Structures on urban air mobility capstone projects.
  • Founded a Strategic Innovation Community with Strategic Innovation alumni.
  • Kicked off the Innovation Corner Scholarly Speaker Series with Samina Karim from Northeastern University to speak to Moore School faculty.
  • Since 2016, graduate students from 22 different degree programs at USC's nine colleges and schools have enrolled in the center’s innovation courses.
  • Read more about the SmartState® Center for Innovation + Commercialization at the Moore School.
Donor Support by the Numbers: 1,530 donors; Raised $9.7 million; Awarded $2.76 million in undergraduate scholarship and graduate fellowship awards; 915 students awarded an undergraduate scholarship or graduate fellowship

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