Washington University officially announced its plan to bulldoze Eliot Hall and begin construction on two new buildings to hold the John M. Olin School of Business School’s graduate program this summer. The buildings will house several classrooms, about 75 faculty offices and numerous lounge-style spaces for students to interact with each other.

Architectural prints detailing plans for the Olin Business School to expand into the location currently occupied by Eliot Hall have been posted on a bulletin board in McMillan Hall. Washington University has not officially announced the changes, but many students claim to be aware of them.

Applicants to the Olin Business School submitted GRE scores more than peers vying for acceptance to seven other top business schools that now accept the test, according to a recent study. Business schools typically accept the Graduate Management Admisssion Test (GMAT). The Graduate Record Exam (GRE) is often used for general graduate school admission.

Many sports fans have imagined turning their favorite pastime into a business, but very few can say they’ve succeeded by their senior year of college.

The Einstein Bros. Bagels franchise in Simon Hall is scheduled to open at 8:15 a.m. according to a news release from Brian Bannister, associate dean for finance and administration of the Olin Business School.

New dining facilities are being constructed in the engineering and business schools. These facilities are being built with the intent of providing students with convenient places to eat.

Starting with the Class of 2014, non-business degree students will only need 15 credits to complete a minor from Washington University’s Olin Business School, down from previous requirements of 18-24 credits.

The Olin Business School has won a grant supporting the creation of a new study-abroad program in Israel. The business school will send students to attend classes at the Interdisciplinary Center in Israel and have them intern at Israeli companies.

Washington University is known for its flexibility in allowing students to declare majors across various disciplines. Now, with interest in entrepreneurship growing on campus, the Olin Business School has decided to offer non-business students the opportunity to earn a 15-credit minor in entrepreneurship.

Business Week ranked the Olin Business School 13th in its fifth annual undergraduate business school rankings, up from 16th last year and 15th in 2008. Notre Dame’s Mendoza College of Business took first place in the rankings, while the University of Virginia’s McIntire School of Commerce came in second.