Year in Review W.P. Carey School of Business
2025-2026 Year in Review

2025-2026 Year in Review

ASU W. P. Carey School of Business logo
By The Numbers
Data for fall 2025

By The Numbers

W. P. Carey students

MBA and master’s degree students

online students

international students

National Merit Scholars

honors-level undergraduate students

alumni

undergraduate degrees

undergraduate students

PhD students

non-Arizona-resident students

first-generation students

degrees conferred in fall 2025 and spring 2026

staff

full-time faculty

graduate degrees in three countries

Enrollment trends

Total enrollment past 5 years
line graph showing total enrollment past 5 years
Global trends
1,100+ students studied abroad across 31 countries

Career outcomes

Class of 2025
Full-time MBA
90%
Full-time accepted offers 90 days post graduation
$121,116
Average base salary

Specialized master’s degrees

  • MACC
    97%
    Six-months post graduation
    $67,466
    Average base salary
  • MS-AIB
    85%
    Six-months post graduation
    $81,760
    Average base salary
  • MS-BA
    95%
    Six-months post graduation
    $80,812
    Average base salary
  • MS-FIN
    92%
    Six-months post graduation
    $67,490
    Average base salary
  • MS-ISM*
    87%
    Six-months post graduation
    $57,666
    Average base salary
  • MS-SCM
    97%
    Six-months post graduation
    $67,466
    Average base salary
  • MTax
    100%
    Six-months post graduation
    $71,153
    Average base salary

Undergraduate

    93%
    Full-time accepted offers six-months post graduation
    $59,112
    Average base salary
*Specialized master’s Class of 2025 data includes MS-ISM data from the Class of 2024, per the reporting standards.

Rankings

No. 1
in the U.S. for MBA for operations
The Princeton Review, 2025
No. 2
in the U.S. for online undergraduate business programs
U.S. News & World Report, 2026
No. 2
in the U.S. for supply chain and logistics, undergraduate
U.S. News & World Report, 2026
No. 4
in the U.S. for online graduate business programs
U.S. News & World Report, 2026
No. 8
in the U.S. for supply chain and logistics, MBA
U.S. News & World Report, 2026
No. 8
in the world for MBA in Entrepreneurship
Poets&Quants, 2026
No. 8
in the U.S. for online MBA programs
U.S. News & World Report, 2026
No. 9
in U.S. for Full-time MBA, among public universities
Financial Times, 2026
No. 9
in the world for executive MBA
Financial Times, 2025
Top 10
W. P. Carey has 8 programs and disciplines ranked in the top 10, with another 13 ranked in the top 25
U.S. News & World Report, 2026
No. 12
in the U.S. for Full-time MBA, among public universities
U.S. News & World Report, 2026
No. 14
in the U.S. for undergraduate business programs, among public universities
U.S. News & World Report, 2026
No. 17
in the world for research impact
Financial Times, 2025
No. 1
in the U.S. for MBA for operations
The Princeton Review, 2025
No. 2
in the U.S. for online undergraduate business programs
U.S. News & World Report, 2026
No. 2
in the U.S. for supply chain and logistics, undergraduate
U.S. News & World Report, 2026
No. 4
in the U.S. for online graduate business programs
U.S. News & World Report, 2026
No. 8
in the U.S. for supply chain and logistics, MBA
U.S. News & World Report, 2026
No. 8
in the world for MBA in Entrepreneurship
Poets&Quants, 2026
No. 8
in the U.S. for online MBA programs
U.S. News & World Report, 2026
No. 9
in U.S. for Full-time MBA, among public universities
Financial Times, 2026
No. 9
in the world for executive MBA
Financial Times, 2025
Top 10
W. P. Carey has 8 programs and disciplines ranked in the top 10, with another 13 ranked in the top 25
U.S. News & World Report, 2026
No. 12
in the U.S. for Full-time MBA, among public universities
U.S. News & World Report, 2026
No. 14
in the U.S. for undergraduate business programs, among public universities
U.S. News & World Report, 2026
No. 17
in the world for research impact
Financial Times, 2025
Top News

Top News

A group of business professionals posing together while a photographer takes their picture.
Three professional men smiling together in front of an ASU W. P. Carey backdrop.

$35 million NASPO gift advances procurement and ASU’s global leadership in supply chain management

The historic commitment from the National Association of State Procurement Officials establishes the NASPO Department of Supply Chain Management at the W. P. Carey School of Business, advancing artificial intelligence, infrastructure, and ethical leadership in procurement and supply chain education.
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5 leaders inducted into W. P. Carey Alumni Hall of Fame

W. P. Carey honors trailblazers shaping industries from home services and commercial airlines to health care, global finance, banking, and education.

The school’s 2025 inductees include:

  • Sissie Roberts Shank (BS Finance ’87) – CEO and president, Chas Roberts Air Conditioning
  • Michael Leskinen (BS Finance ’00) – Executive vice president and chief financial officer, United Airlines
  • Robert Milligan (BS Finance/Economics ’03) – Founder and CEO, UDLR Healthcare
  • Xinjun Liang (DBA ’15) – Chairman and CEO, Xin Family Pte. Ltd.
  • Young Alumni inductee: Heather Bronson (BS Finance ’08) Senior vice president and director of commercial loan fulfillment, Comerica Bank

Morton Fleischer, founder of the Fleischer Scholars Foundation, was also awarded the 2025 Bill Carey Award.

Man in a blue plaid jacket smiling in front of a Mirador Therapeutics sign.

ASU partners with biotech luminary to launch life science business program

ASU alumni Mark and Sheri McKenna’s gift launches a trailblazing life science business program with an interdisciplinary experience at the intersection of science, business, and entrepreneurship.
White graphic icon featuring a science beaker, graduation cap, and mouse cursor.

ASU’s W. P. Carey School of Business recognized globally for excellence in research

The 2025 Financial Times Business Education Research Insights report recently ranked W. P. Carey No. 17 globally, ahead of Duke, the London Business School, and INSEAD; No. 14 in the U.S., and No. 3 among U.S. public schools.
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New ASU graduate business degree options meet emerging market needs

Following the successful launch of the master’s degree in artificial intelligence in business, W. P. Carey continued to expand and enhance its graduate portfolio to meet evolving student needs and market demand. This fall, two new programs — a master’s degree in economics and an online master’s degree in marketing — welcomed their inaugural cohorts.
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Empowering business growth in the West Valley

At ASU’s West Valley campus, the Center for Small and Medium-sized Businesses helps entrepreneurs, founders, and business owners thrive through strategic guidance, research-driven insights, and access to student and faculty collaborators.
Five smiling young adults posing behind a large outdoor sculpture of the Olympic rings.

Inside the Winter Olympics: ASU students experience the gold standard of sports marketing in Milan

From boardrooms to the ice rink, a study abroad program blends marketing, global business, and once-in-a-lifetime access for 12 W. P. Carey students.

New program supports innovators’ growth from concept to capital

The W. P. Carey business school’s Accelerator program is empowering the next generation of entrepreneurs with the mentorship and resources they need to secure startup funding.

National real estate leaders gather at ASU forum on growth and innovation

Meeting the demand for places to live, work, and play will require innovative thinking and stronger ties between academia and industry — an effort led by the W. P. Carey Center for Real Estate and Finance. In April, the center hosted its second Annual Real Estate Forum, bringing together national and local industry leaders, scholars, and ASU students to explore trends, industry evolution, and the future of real estate.

HonorHealth’s CEO, Todd LaPorte, named W. P. Carey Executive of the Year

In recognition of his impact on health care delivery and community health, W. P. Carey presented Todd LaPorte with its 2026 Executive of the Year Award.
Man holding a Lawrence R. Klein award plaque posing alongside two family members.

Goldman Sachs chief economist earns ASU’s top forecasting award for third time

W. P. Carey School of Business recognizes Jan Hatzius with the 2025 Lawrence R. Klein Award for accuracy in U.S. economic predictions.

ASU students gain new opportunities from $2.2M BioLab gift

Alumni-founded BioLab Holdings invests in the creation of state-of-the-art learning opportunities at W. P. Carey, including new scholarships and professional development travel, and establishes the BioLab Sales and Innovation Lab.

ASU Founders’ Day honors 4 W. P. Carey changemakers, innovators

Teaching, giving, and community impact took center stage at the event celebrating the distinguished achievements of faculty, alumni, and benefactors. Chris Neck, professor in the Department of Management and Entrepreneurship, was recognized with the Faculty Teaching Achievement Award. Jaime Leija and Bob Maguire received the Alumni Achievement Award in recognition of their accomplishments as medical entrepreneurs and their continued impact on ASU. Longtime benefactor Sharon Dupont McCord was honored as Philanthropist of the Year.
A group of people conversing near large industrial parts inside a warehouse setting.

6 months to success: Inside W. P. Carey’s career-boosting co-op program

The new cooperative education program at W. P. Carey is helping students land high-paying jobs — and giving employers a better way to spot top talent — by offering real-world experience beyond a typical internship. The program allows undergraduate business students to step away from classes for six months and work full time for major employers such as financial reporting firm Equity Methods and medical device company Align Technology.

Love, learning, and the algorithms of the heart

W. P. Carey professors Martin Mende and Maura Scott are internationally recognized marketing scholars who study relationships, trust, empathy, and technology. Their work examines how people interact with service robots across contexts such as health care, finance, and customer service. The questions are deeply psychological and rooted in attachment theory, trust, and vulnerability.

How custom AI bots are changing the classroom

Across W. P. Carey, the AI Enhanced Teaching Initiative is driving thoughtful integration of tools such as NotebookLM, CreateAIBuilder, and HeyGen — expanding what’s possible in the classroom and redefining how students engage with their coursework.

W. P. Carey wins team champion at National Collegiate Sales Competition

The Professional Sales Program was named the 2026 Overall Team Champion at the National Collegiate Sales Competition — the nation’s premier collegiate sales competition that brings together 72 top programs. This achievement was driven by standout student performances, with their combined efforts securing a first-place overall team finish.
White graphic icon of two hands holding a shield with a checkmark.
Faculty Awards

Faculty Awards

Research awards

The W. P. Carey Dean’s Early-Career Research Award goes to tenure-track faculty who are in their first six years of research since earning their PhD and recognizes outstanding research early in their career.

  • Travis Howell, Management and Entrepreneurship
  • Rafael Escamilla, NASPO Department of Supply Chain Management

The W. P. Carey Dean’s Mid-Career Research Award recognizes faculty with between six and 15 years since earning their PhD and celebrates outstanding impact to their field.

  • Monika Lisjak, Marketing
  • Scott Emett, Accountancy

The W. P. Carey Dean’s Distinguished Career Research Award recognizes distinguished research significance and impact over the career of a tenured faculty member. The career research award celebrates those who have developed a topic or topics of research that have resulted in significant contributions to and recognition in a discipline.

  • Michal Matejka, Accountancy

Teaching awards

‘Entrepreneurial Approach to Learning’ Teaching Innovation Award — Reynold Byers (NASPO Department of Supply Chain Management), Jamille Lasanta (Agribusiness), Mark Manfredo (Agribusiness), and Ashok Mishra (Agribusiness)

‘Business is Personal’ Inclusive Teaching Award — Elise Riker (Marketing) and Maria Rykaczewski (Accountancy)

‘Rethinking Business Education’ Outstanding Online Teaching Award — Julie Nelsen (Marketing) and Xiaodan (Dani) Dong (Marketing)

Huizingh Outstanding Undergraduate Teacher Award — Mary Cowx (Accountancy) and Matt Sopha (Information Systems)

Huizingh Award for Undergraduate Service to Students — Debra Radway (Finance)

Outstanding Graduate Teaching Award — Trevis Certo (Management and Entrepreneurship), Hongmin Li (NASPO Department of Supply Chain Management), and Galina Vershchagina (Economics)

The John W. Teets Outstanding Teaching Awards were established in 1999 by the Teets family to recognize and reward professors for excellence in teaching. These awards are especially impactful because they are both nominated and selected by students.

  • Teets Outstanding Undergraduate Teaching Award: John Eaton (Marketing)
  • Teets Outstanding Graduate Teaching Award: Doug Olsen (Marketing)
  • Teets Outstanding Undergraduate Teaching Assistant Award: Xin Zhou (Marketing)
Low-angle view of the W. P. Carey School of Business building alongside a bronze statue of running horses.
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We are the W. P. Carey School of Business, Where Business is Personal.®
W. P. Carey sparks positive change in business and society, by educating students and growing talent to enrich and lead organizations, producing groundbreaking and impactful research, and engaging actively with the communities we serve.
Together, we are transforming the world through access, excellence, and innovation in business knowledge.
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Thanks for reading our 2025-2026 Year in Review!