Graduate Management News

October 2016

The Newsletter of the Graduate Management Admission Council

Global Program News

Get the latest news in the graduate management education industry.

  • University of Cincinnati b-school receives historic gift. The University of Cincinnati is making strides in funding its new business school with the help of a historic gift from the family of the late Carl H. Lindner Jr., the college's namesake. The university received $11 million from the family of the late Carl H. Lindner Jr. and the Cincinnati-based insurer American Financial Group Inc. (AFG), the family’s holding company. The money will go toward the construction of the new four-story Lindner College of Business on UC's main campus, which is expected to open in fall 2019. The Lindner family contributed $6 million to the project and is considering naming opportunities at the new facility. AFG made the largest gift in its history, giving $5 million to the new building project.

  • Stanford to offer financial support to MBAs who commit to revitalizing the Midwest. As part of its mission to educate business leaders to solve society’s most pressing problems, Stanford University’s Graduate School of Business has established a fellowship to provide financial support for up to three students who are committed to generating economic development in underserved regions of the country. Up to three applicants will receive up to $160,000 over two academic years to cover tuition and associated fees. In its inaugural year, the Stanford USA MBA Fellowship will focus specifically on the Midwest. Candidates will need to demonstrate strong connections and a commitment to improve economic development in at least one of the following states: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Applicants must apply in Round 1, or Round 2 by January 10, 2017. Candidates for Stanford's MBA program must indicate their interest in the fellowship on their application. Fellows will be selected by May 2017.

  • The University of Missouri-Columbia names Ajay Vinze dean of the Robert J. Trulaske Sr. College of Business. Vinze, previously professor and associate dean of International Programs and associate vice provost for Graduate Education at Arizona State University, has been appointed as the new dean effective January 1, 2017. Vinze has taught at Arizona State since 1998, and previously spent 10 years serving on the faculty at Texas A&M University. In 2008, he was named a Fulbright Senior Scholar. He replaces Stephen Ferris, who served as interim dean of the Trulaske College of Business since Joan Gabel left the position in the summer of 2015 for a provost position at the University of South Carolina.

  • Wayne State receives gift from Lear Corp. for the Mike Ilitch School of Business. The Lear Corp. gift of $2 million will be used to build a new business school auditorium (to be named the “Lear Auditorium”) that will feature advanced technologies to support live streaming and interactive learning. The auditorium will include seating for more than 260 and vehicle loading and staging capacity for automotive events.