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NEWS
Capital
Campaign Announced
Will Expand Scholarships, Research Support, and Facilities
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An ambitious project that will ensure a high-quality
education at an affordable price for Illinois business students
was announced earlier this spring by UIUC Chancellor Nancy
Cantor and College of Business Dean Avijit Ghosh. The $75
million capital campaign, known as Investing in Excellence:
The Campaign for Business Education at Illinois, is expected
to double the College's endowment for student scholarships,
faculty chairs, and research centers and provide $8 million
for the College of Business Annual Fund. |
Investing
in Excellence
Major Goals
- Investing in people
- Advancing the frontiers
of knowledge
- Enriching academic
programs
- Improving physical
and technological infrastructure
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"The campaign gives our friends, alumni, and
corporate partners an opportunity to ensure that future generations
of students receive the excellent education that has been a hallmark
of this institution," said Ghosh. The Investing in Excellence campaign
secured commitments for over one-third of the desired funds even
before its public announcement.
A large portion of the funds raised will be used
toward construction of a new instructional facility for the College
that will be located across the street from the current home of
the College of Business, Wohlers Hall, where administrative offices
will remain. The proposed instructional facility will have approximately
155,000 square feet and provide more than 20 state-of-the-art classrooms
for graduate and undergraduate instruction, along with seminar and
conference rooms, a career center, student services center, accountancy
center, and a trading simulation and financial research center.
Two College of Business alumni, Michael Tokarz,
president of a New York-based private equity firm, and Avy Stein,
managing partner of a Chicago-based private equity firm, are serving
as co-chairs of the campaign. Both men serve on the College of Business
Board of Overseers and as co-chairs of the campaign steering committee.
Ghosh and the campaign leadership are confident
of success. "The loyalty and support of alumni and friends are critical
to building exceptional educational opportunities for our students,"
he said. "By investing in the College of Business, our alumni and
friends will extend the institution's legacy of excellence."
 
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