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About Price

Dean Phelps and three students outside one of the entrances to Price Hall

The Purpose of Price

The Michael F. Price College of Business ensures the enduring global competitiveness of Oklahoma and the Nation. We fulfill our Purpose in three ways:

  Into the Issues

Tackling the biggest and most important business issues of our time.


Generate valuable insights that make companies and organizations more effective, more efficient, and more enduring.

  Ready to Lead

Preparing our students as the leaders our state and nation need.

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Setting the Industry Standard

With 12 programs, 24 majors, and 5,500 students, The Michael F. Price College of Business is proud of the education it’s bringing to tomorrow's leaders. Read below to learn more about how we’re staying nationally and internationally competitive as we strive to do the best for our students.

  • #11 Undergraduate Entrepreneurship in the West | Princeton Review/Entrepreneur Magazine
  • #13 Best Online Master’s in Accounting Programs | College Consensus
  • #17 in Top Graduate Schools for Entrepreneurship Studies | Princeton Review/Entrepreneur Magazine
  • #18 Best Online Executive MBA Programs |  College Consensus
  • #18 Best Undergraduate Management Information System Schools | College Factual
  • #20 Undergraduate Supply Chain Management in Supply Chain University Top 25 | Gartner
  • #22 national ranked of per capita faculty research productivity (MIS Division faculty) | Business School Top 100 Business School Research Rankings
  • #23 MIS Graduate IT & Analytics Program | TFE Times
  • #23 Graduate Program in Business Analytics for Business Analytics programs within the nation | FEFE Times
  • #23 Best Online Master’s Degree in Finance | UniversityHQ
  • #24 Undergraduate International Business Program |U.S News
  • #24 Ph. D program | College Consensus
  • #24 Best Bachelor’s Degree in Marketing | Best Accredited College
  • #26 global ranked of per capita faculty research productivity (MIS Division faculty) | Business School Top 100 Business School Research Ranking
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Michael F. Price (1951 - 2022)

Michael F. Price

The namesake of our college comes from alumni Michael F. Price (BBA 1973).

Michael F. Price was born and raised in Long Island, New York in 1951. Though he was not born in Oklahoma, he was a true Sooner at heart. His love for the OU Sooners football team led him to earn a Bachelor of Business Administration degree in 1973. After graduating, he returned to New York to work for the Heine Securities Corp., becoming a partner of Max L. Heine by 1982, and buying the company in 1988. During his ownership, Michael increased the value of the company’s mutual funds to over $17 billion. He sold the company in 1996, but stayed on for another five years to manage the funds, as a stipulation of the sale. In one year, he took the funds to $28 billion.

Michaels's success garnered both national and international attention. He was even featured as one of the “25 Most Influential People” by TIME magazine in 1997. During this time of success and recognition, Michael made a historical donation of an $18 million gift to the OU College of Business Administration, the largest single gift to a public university or any Oklahoma higher education institution at the time. The college was officially designated as the Michael F. Price College of Business by the OU Board of Regents.

Along with his gifts to the College of Business, Michael also made gifts that helped construct Price Hall, establish the Michael F. Price Sooner Wellness System, the Michael F. Price Family Foundation Scholarship, the Price Family Foundation Institute of Structural Biology at the Stephenson Life Science Research Center, and many other contributions.

Michael stayed involved with OU in more ways than his generosity. In 1998 he was awarded the highest honor by the University of Oklahoma, an honorary degree. The same year he served as the commencement speaker. From 2002-2009, He served as a trustee for the University of Oklahoma Foundation Inc.

Price Through The Years


The School of Commerce and Industry, under the School of Arts and Sciences, changes to the School of Public and Private Business, becoming one of the first schools west of the Mississippi to be accredited by AACSB International.


The School of Commerce and Industry officially becomes the College of Business Administration.


With the support of the Public Works Administration, a new building is constructed to accommodate the exponential growth. It’s named Adams Hall, after the dean at the time, Arthur Barto Adams. 


The college was named Michael F. Price, after a major benefactor and a school graduate (BBA 1973) of the same name.


Price Hall was built as an addition to Adams Hall

Board of Advisors

At Price College, our Board of Advisors is a powerhouse of industry leaders who drive innovation and excellence in business education. Representing a wide range of sectors, they play an indispensable role in guiding the strategic direction of Oklahoma’s top-ranked business school. Through their active involvement and commitment, the Board guides continuous improvement and innovative advancements at Price College, ensuring that our institution remains at the forefront of business education. 

Price in the News

Price College of Business building at dusk with lights on inside, and the fountain on out in front.

10 National Business Leaders Appointed to OU’s Price College Board of Advisors

February 13, 2024

The University of Oklahoma Michael F. Price College of Business welcomed 10 new members to its Board of Advisors for the 2023-24 academic year. Members of Price College’s Board of Advisors span various industries and play an active role in shaping the direction of the state of Oklahoma’s top-ranked business school.

May 13, 2024

OU Researcher Unveils Book of Oklahoma’s Ghost Towns

Ghost towns have fascinated Jeffrey Schmidt, an associate professor of marketing and innovation at the University of Oklahoma, since the late 1990s. Now, after four years of academic research and road trips across the state, he has published Here Today: Oklahoma’s Ghost Towns, Vanishing Towns, and Towns Persisting against the Odds – a book that examines 100 interesting towns from the panhandle to the Red River.

May 08, 2024

OU Launches Entrepreneurship and Innovation Master’s Program

The University of Oklahoma’s Price College of Business is launching a new hybrid master’s program to help working professionals, entrepreneurs and innovators learn how to create and scale a new business, either in an existing company or as a startup.