The Lannert School of Management at Purdue University was formed by the merger of the School of Industrial Management, the Department of Economics and the School of Engineering of 1958, and was founded by Herman &; Mr. Krannert donated $2.7 million, which was officially named Lannert Institute of Management. Since its establishment, the college has always focused on quantitative skills, management, manufacturing and technology. In the Wall Street Journal survey, recruiting companies ranked Lannert School of Management as the top ten in business management and information technology. In the ranking of USNews Business School 20 10, Lannert School of Management ranks 32nd.
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