An upper-division business school based in Oakland County, Michigan that offers bachelor's and master's degrees focusing solely on business education.
History Highlights
1922 On July 7, Mervyn B. Walsh purchases a franchise from Pace & Pace in New York City to offer the Pace Accounting Method exclusively in Detroit. On September 14, the first lecture,
Preparation for Executive Responsibilities, is given on the sixth floor of the Capitol Theatre Building at 120 Madison Ave. in downtown Detroit. On September 18, 23 students begin the first Walsh Institute classes, paying $60 tuition for a 17-week semester. Tuition includes 40 accounting and applied economics and 46 business law pamphlets based on practical methods gained from the experiences of CPA Homer St. Clair Pace and his brother, attorney Charles Ashford Pace.
1925Michigan extends regulation of public accounting beyond passing the CPA exam to include meeting practical experience and education requirements. Demand for proper accounting training grows as accounting attains the same professional status as law and medicine.
1928Enrollment reaches 286 students. Seven graduates organize the Walsh Institute Alumni Association.
1930Grace Dimmer, Walsh Institute Class of ?27, becomes Michigan?s first woman to earn the CPA designation. People realize that an education can help them survive the Depression. With financial assistance available to students, the Institute weathers the economic storm.
1941 Walsh Institute enrollment drops after the U.S. enters World War II and there are no deferments for college students. By late 1944, enrollment falls by almost 50 percent to 383 students, and Mervyn Walsh organizes the first all-female class to meet the wartime need for accountants.
1947Walsh Institute marks its 25th anniversary. Thanks to the G.I. Bill, enrollment reaches 1,508 at ?120 Madison?, as students call the Institute, and classrooms cover the entire fifth and sixth floors of the building. (Today, the completely renovated building is the Detroit Opera House.)
1960 When the contract for teaching the Pace Accounting Method expires, Walsh Institute examines additional business administration curricula, changes admissions standards, develops a new examination system, and explores options of becoming a junior-level or four-year college.
1965 On June 30, Mervyn B. Walsh retires as Walsh Institute president. William C. Stewart, a CPA and college administrator, succeeds him. Walsh trustees determine that Walsh Institute will need to change its educational charter with the state by having its own building, offering an accounting curriculum approved by the State Board of Accountancy, and receiving State Board of Education approval.
1968 On December 31, Walsh Institute of Accountancy changes its charter to become Walsh College of Accountancy and Business Administration. Walsh will be an upper-division college offering coursework for juniors and seniors who finish two years at a community college. The College purchases 20 acres of farmland from Morris Wattles for a new campus in Troy, near the community colleges from which it hopes to attract students.
1969 Ground is broken for a new 10,000-square-foot Troy campus building.
1970 The Troy campus opens for classes on September 10. When the State of Michigan authorizes Walsh College to grant degrees, 151 of the 303 enrolled students pursue bachelor?s degrees. Jeffery W. Barry succeeds William Stewart as the third president of Walsh College.
1972 Walsh College celebrates its 50th anniversary with an alumni dinner dance. The Higher Learning Commission of the North Central Association of Colleges and Schools (NCA) grants Walsh correspondence status to signify that the College is adding and evaluating the effectiveness of new courses and degrees. The College offers a Bachelor of Accountancy degree for the first time.
1973 A Bachelor of Business Administration degree is added, and enrollment climbs steadily as Walsh academic programs gain high acceptance among community colleges. In 1971-72, annual growth is at 30 percent, and in 1973, the Admissions Office anticipates another 30 to 40 percent in enrollment growth. The Board of Trustees votes to enlarge the Troy campus by 7,400 square feet.
1974 The addition to the south side of the Troy campus is complete, tripling the size of the library, adding two lecture halls, a small bookstore, and a student lounge. Walsh offers its first graduate degree: a Master of Science in Taxation, with a financial and accounting, rather than legal, curriculum. Nearly 200 students sign up for the 84 openings.
1975 Mervyn B. Walsh, founder and president of Walsh Institute, is awarded the College?s first honorary doctorate at the first Commencement ceremony held at the Troy campus. The NCA accredits Walsh College degree programs. Enrollment surpasses 1,000 students.
1978 A Port Huron campus opens near St. Clair County Community College, and the Troy campus is expanded by 8,400 square feet with a new student lounge and business office.
1980
Walsh offers a second graduate degree: the Master of Science in Professional Accountancy (changed in 2003 to the Master of Science in Accountancy), and establishes a professional education department. The NCA extends Walsh?s accreditation for 10 years, the maximum allowable time span.
1982
Walsh College marks its 60th anniversary with a Founder?s Day celebration. The Troy campus building is once again expanded, by 10,400 square feet, to include a new library, faculty offices, a skylight lounge, and computer labs. The College adds the Computer-Based Information Systems major to the Bachelor of Business Administration program. Enrollment continues to accelerate.
1984
Walsh College enrollment exceeds 2,000 students. On January 31, Walsh Institute founder Mervyn B. Walsh dies at the age of 93.
1986
Banking and financial services deregulation leads Walsh College to offer a Master of Science in Finance degree. The Admissions phone rings ?off the hook? as 200 students apply for 150 program openings. The College offers extension courses at Macomb Community College, Royal Oak?s Shrine High School, and Detroit?s Renaissance Center.
1988
Marketing is offered as a new major within the Bachelor of Business Administration degree. Enrollment exceeds 2,500 students as the College offers classes at the MSU Management Center, Port Huron, Warren, Farmington Hills, Detroit, and Troy.
1989A Master of Science degree in Management is offered for the first time as area businesses begin to require graduate education in Management for advancement. Enrollment reaches 3,300 students. A capital campaign is launched to increase the scholarship program and the size of the facility.
1990A final $4.2-million addition to the Troy campus is completed, adding 33,000 square feet and renovating 9,000 square feet. A cafeteria is added, as well as a new bookstore, computer lab, library, and faculty and administrative space.
1991President Jeffery W. Barry retires and David A. Spencer becomes Walsh College?s fourth president. Walsh signs on as a partner institution to offer courses at Macomb Community College?s new University Center in Clinton Township.
1992Four Walsh College women are among the top 100 scorers on the CPA exam in the United States. Eija Roulson, MSPA ?93, earns the highest score on the Michigan CPA exam and the second highest score in the United States.
1993After surveying of students, faculty, community leaders and businesses, Walsh College administrators decide to build a new campus in Novi. More than 500 people attend an open house at the Novi Hilton.
1996Walsh College offers a Master of Science degree in Information Management and Communication in response to changing workplace needs. The College purchases land to build the Novi campus.
1997Walsh College observes its 75th anniversary with business discussions and speakers, a book entitled
The History of Walsh College, a dinner, and a Homecoming at the Troy campus coinciding with the day of the first Walsh Institute lecture. Among the 1,400 attendees are Mark Walsh, grandson of Institute founder Mervyn Walsh, Claire Bernacki, the Institute's first librarian, and alumni from the classes of 1939 and 1941.
1998Walsh College launches the MBA program, and twice the anticipated numbers of students enroll. The new Novi campus opens in mid-August with a capacity of 2,200 students. The 35,000-square-foot campus features 14 classrooms, an electronic library, bookstore, student lounge, administrative and faculty offices, and computer labs.
1999Walsh College offers its first online courses, and 436 students take courses electronically. Keith A. Pretty is named the fifth president of Walsh College.
2000Walsh College offers two new graduate degrees: a Master of Arts in Economics and a Master of Science in Business Information Technology. A long-range strategic action plan is launched to see the College through the next century.
2001Walsh receives a full ten-year extension on its accreditation from the NCA. The accrediting body also allows Walsh to offer full online degree programs.
2002Walsh College revises its accounting program to fulfill the 150 hours of instruction required by the State Board of Certified Public Accountants, and allows accounting students to receive both bachelor?s and master?s degrees. A Certified Financial Planner? designation is added to the curriculum. The Michigan Association of CPAs names Accounting Department Chair Richard D. Berschback its Educator of the Year.
2003The National Security Agency and Department of Homeland Security designate Walsh College as a Center of Academic Excellence for Information Assurance Education. The College adds two new degrees: the Bachelor of Science in Business Information Technology and the Master of Science in Managing Manufacturing Operations.
2004Students benefit from grants and scholarships from the Department of Defense and the Carman and Ann Adams Fund at the Community Foundation for Southeast Michigan. Walsh College names its first Adams Entrepreneurial Fellows through a publicly funded program where entrepreneurial students/alumni are paired with local business leaders who employ and mentor them for a year. The Walsh College Foundation is officially formed for the acceptance of charitable gifts.
2005Roderic Hewlett, DA, joins Walsh College in the new position of executive vice president and chief academic officer. The Master of Science in Information Assurance degree is offered and Walsh is designated a Center of Academic Excellence for Information Assurance Education by the National Security Agency and the Department of Homeland Security for mapping its curriculum to industry standards. The Master of Science in Taxation, Walsh?s first graduate degree, marks its 30th anniversary.
2006High school and transfer students can dually enroll in Macomb Community College or Schoolcraft College and Walsh as part of an Honors Fast Track program to obtain associate, bachelor, and master of business administration degrees in five years.
A new Master of Science degree in International Business, the first of its kind in southeast Michigan, is offered.
The National Security Agency and Department of Homeland Security re-designate Walsh as a Center of Academic Excellence for Information Assurance Education.
Plans are approved and ground broken for a 36,000-square-foot, two-story addition scheduled to open in the fall of 2007. The building is named for Walsh President Emeritus Jeffery Barry, who dies July 8 after a long illness.
Mid-career individuals can enroll in a new Bachelor of Applied Science degree in General Business that teaches business fundamentals and recognizes learning gained from work and life experience.
The Colleges announces that it will offer a Doctor of Management in Executive Leadership, its first doctoral degree, in the fall of 2007.
Stephanie W. Bergeron, vice chair of the Board of Trustees, is named interim president of Walsh College.
And they have a basketball team.