Graduate Management News

November 2014

The Newsletter of the Graduate Management Admission Council

Read the latest news about programs from around the world.

  • Katz Graduate School of Business announces two new scholarships. The Howard Hanna family recently donated $US1 million to the Joseph M. Katz Graduate School of Business and College of Business Administration (CBA) to offer need-based financial support to graduate and undergraduate business students. Howard Hanna Jr., founder of Howard Hanna Real Estate Services, is a Distinguished Alumnus of the Katz Graduate School of Business. Pitt will award the scholarships as part of the admissions process without a separate application. 

  • Emporia State University’s School of Business opens state-of-the-art learning space. Nearly 40 wireless computer systems with i5 processors, high definition flat screen televisions, a short throw projector, and a writable wall are several of the new leading-edge features found in the Thomas Learning Space at the School of Business at Emporia State University. The Thomas Learning Space was established through a $50,000 gift made possible by School of Business graduate Diane L. (Thomas) Beatty, who serves on the Business Alliance Board for the School of Business and will join the board of directors for the Emporia State Foundation this fall.  

  • The University of Alabama receives $US1.5 million gift. The University of Alabama’s Culverhouse College of Commerce and Business Administration has received a $1.5 million gift from alumni and a pledge for matching funds from the family of the college’s namesake. Alumni Gary Fayard and his wife, Nancy Fayard donated $1.5 million to the business college, which will be used to create the Fayard Endowed Chair in Accounting. The gift is the largest endowment in the history of the Culverhouse School of Accountancy. Fayard, a retired Coca-Cola Co. executive, is a 1975 graduate of the business college, and his wife is a 1975 graduate of the college of education.  

  • Rockford University launches the Puri Business School. Recognizing a $US5 million gift to the university by First Rockford Group co-founder and President Sunil Puri, the business school becomes the first named school at Rockford University, and will house economics, business, and accounting programs, in addition to ancillary business related activities. Puri received a bachelor’s degree in accounting in 1982 from Rockford College (the school became Rockford University in 2013) and was awarded an honorary Doctor of Humane Letters that same year from the university.