Graduate Management News

April 2013

The Newsletter of the Graduate Management Admission Council

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Biz Buzz: From the Fundraising Desk

  • The UK government has announced a £51million investment in the International Growth Centre, based at the London School of Economics and Political Science in partnership with the University of Oxford, to enable it to expand its work from 12 to 15 countries.

  • Robert Rowling and his wife, Terry Hennersdorf Rowling, have pledged US$25 million to support construction of a 458,000-square-foot graduate business building at the McCombs School of Business at the University of Texas at Austin.

  • The Institute for Ethical Leadership at Rutgers Business School has been given US$2.6 million by Prudential Financial, Inc. and The Prudential Foundation in support of continued service to nonprofit organizations, students, and business leaders with programs that reinforce the importance of ethical leadership.

  • The Leeds School of Business at the University of Colorado Boulder has received US$2.25 million gift from the Thomas Stix Guggenheim family to establish an endowed faculty chair aimed at educating new generations of entrepreneurs.

  • The Ivey Business School at the University of Western Ontario has received C$2 million from BMO Financial Group in support of the school’s new building. 

  • Blackstone Charitable Foundation has provided US$1.4 million to the University of Central Florida College of Business Administration to establish a partnership between UCF and the University of Miami to support budding entrepreneurs.

  • PwC US has donated US$1.1 million to the Wisconsin School of Business at the University of Wisconsin-Madison. The fund, half of which comes from donations from active and retired PwC partners and staff, many of whom are University of Wisconsin-Madison alumni, and half from the company, will support a professorship in accounting and accounting-related programs.

  • Indiana Wesleyan University has received a pledge of US$5 million from James F. DeVoe and announced plans to create the DeVoe School of Business, a new academic unit.

  • The college of business at the University of Southern Indiana has been renamed the Romain College of Business, honoring Ron and Connie Romain, who recently donated US$5 million to the school.

  • Scotiabank is donating C$1.5 million to Dalhousie University’s Rowe School of Business in support of an initiative on ethical leadership.

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