Carleton first began offering a Bachelor of Commerce (B.Com.) degree beginning in 1949, and functioned as a department-level academic unit under the Faculty of Arts & Sciences, the Faculty of Social Sciences, and lastly the Faculty of Public Affairs and Management before its establishment as a separate faculty in 2006. The School currently offers two undergraduate programs, the Bachelor of Commerce and Bachelor of International Business, in addition to five graduate-level programs and several certificate programs for professionals. As of the 2018–2019 academic year, Sprott programs are attended by 2,668 undergraduate students, served by a full-time faculty of 61.