Has New Dean
ON January 16, 1962, Dr. J. C. Warner, President of Carnegie
Institute of Technology, announced the appointment of Dr.
Richard M. Cyert as Dean of the Graduate School of Industrial
Dr. Cyert has been associated with Touche, Ross, Bailey & Smart
as a special consultant since 1954. During that time, he has participated
in all of the firm's research projects on statistical sampling
methods and has consulted on many client projects involving statistical
sampling methods. He is widely known among accountants and auditors
as "one of the few theoretical statisticians who has enough understanding
of accounting to place statistics in practical application in
Dr. Cyert has been a member of the Carnegie Tech faculty since
1948. Prior to his appointment as Dean, he was Associate Professor
and Head of the Department of Industrial Management. A native of
Minneapolis, Minnesota, he received his B.S. degree from the University
of Minnesota and his Ph.D. from Columbia University. Dr.
Cyert has co-authored several articles and books with members of our
firm including Robert M. Trueblood, Robert J. Monteverde, and
H. Justin Davidson, all of whom were or still are members of the
The goal of the Graduate School of Industrial Administration has
been to prepare its students to cope with the rapidly changing world
of management. They have succeeded in analyzing complex management
problems through the use of the sciences, such as mathematics.
They are constantly attempting to understand all of the functions of
a corporate structure. The uniqueness of this effort is evidenced by the
fact that graduates of the school enter many fields of business, including
finance, accounting, manufacturing, and operations research. Last
year, Mr. Trueblood spent full time at Tech as a Visiting Ford
Foundation Research Professor.
Touche, Ross, Bailey & Smart's association with the School has
indeed been unequaled. We are sure the School will continue to retain
its high position in education under the able guidance of Dr. Cyert.
JUNE 1962 11