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December 2012

The Newsletter of the Graduate Management Admission Council

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From the Fundraising Desk

The University of British Columbia and Simon Fraser University have been tapped to operate the Canadian International Institute for Extractive Industries and Development, funded by a C$25-million grant from the Canadian International Development Agency and designed to help developing countries benefit from their natural resources in environmentally and socially responsible ways. SFU’s Beedie School of Business offers Canada’s longest-standing executive MBA in sustainable mining and houses the Responsible Minerals Sector Initiative.

MIT will receive up to US$25 million from the United States Agency for International Development as part of a five-year project intended to fight poverty by developing and evaluating useful technologies for communities around the globe. The MIT Sloan School of Management will participate in the work.

With a US$10 million award from the US Agency for International Development, Duke University is launching a social entrepreneurship accelerator, a joint initiative that includes the Center for the Advancement of Social Entrepreneurship at Duke’s Fuqua School of Business among other entities on campus.

The University of Southern California has announced a naming gift from Jill and Frank Fertitta that will create an undergraduate instructional building and establish an endowed faculty chair at the USC Marshall School of Business.

James Easton has given US$2 million to the UCLA Anderson School of Management to support the Easton Technology Leadership Program at the school, established with earlier gifts from the donor.

Two research projects led by professors at HEC have been awarded funding by the Qatar National Research Fund. One project was awarded US$993,000 for research that uses econometric analyses, analytical modeling, and qualitative research methods to study sustainable energy solutions. A second project awarded US$443,248 for research on airline revenue management in conjunction with Qatar University and Qatar Airways.

Aimé Quintal has offered HEC Montréal a C$1 million deferred gift for scholarships.

The William E. Simon Foundation has committed US$1 million in merit-based scholarship support for current and admitted students at the Simon School of Business at the University of Rochester.

Cargill has renewed support for the Cargill Project Impact Diversity Partnership at Kansas State University with a gift of US$1.2 million. Through the program, K-State works to recruit and retain qualified multicultural students in its agriculture, business administration, and engineering colleges.

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