Investing in the College of Business and Economics The College of Business and Economics: A State of Minds he WVU College of Business and T Top Rankings and training, teaching practices and student Economics has never been stronger, more The College received its first-ever top-100 engagement, admissions selectivity, and student global, or more engaged with our state. As we undergraduate business schools ranking by services and technology. have made great strides toward our vision of Bloomberg BusinessWeek in March 2011. Ten “Better, Bigger, Ranked,” we have been steadfast months later, U.S. News & World Report teaching and research. They help us attract higher in our goal: join the list of America’s finest, first- awarded top-100 rankings to our online M.B.A. caliber students, prompting greater internships, job watched, first-choice business schools. program in the areas of faculty credentials placement, and societal contribution by graduates. We will continue to offer an education in which students are prepared to work anywhere These rankings reflect a past focused on great “The experience I have had here is one on the globe, while remaining committed to our that I don’t think I would have been land-grant charge in West Virginia. At the same able to get anywhere else. I love WVU, time, we have ingrained unshakable standards and I love how much the people at of ethical behavior, honesty, and integrity WVU love WVU.” throughout the College. — Mary Soo Hon, M.B.A./M.S. Finance graduate from Trinidad, Tobago 1 The Trajectory of Success 2 Four-Year College educational opportunities, elevates our national increased 39 percent; Fortune 500 companies’ The four-year college system admits students standing, helps in recruiting faculty, and recruitment of business students is up 68 percent; as freshmen rather than during their junior ultimately improves faculty research. and job postings for College of Business and years, giving students earlier access to academic Joint Programs Economics students is up 40 percent. advice, opportunities to join B&E student clubs, and improved internship prospects. The result is Cross-disciplinary partnerships have not only (2010-11 academic year vs. 2009-10) proven successful in the past, but have also Donor Engagement helped to differentiate our students as they enter From new endowed chairs to scholarships for Revamped M.B.A. the marketplace. Existing joint programs include students, alumni and friends are allowing the Our M.B.A. program has been transformed in the M.B.A./M.D. with the School of Medicine, College to achieve new heights in teaching, response to a more international marketplace. M.B.A./M.S. in Sport Management with the research, and outreach. This includes greater selectivity, better options College of Physical Activity and Sport Sciences, for specialization, and more modes of delivery. and the M.B.A./J.D. with the College of Law. Business and Economics Faculty a much more robust academic experience. New Ph.D. in Business Administration The Business Administration Ph.D. is designed We are also preparing to launch joint M.B.A. programs with the WVU Schools of Dentistry and Pharmacy. The College’s 15 new faculty include Ph.D.s from top schools and multiple disciplines. These professionals excel in the instruction of and interaction with students. Our faculty value to prepare highly qualified and motivated Placing Our Students scholarship and research and are published in individuals in areas of concentration including The College has heightened its commitment top business and economic journals. Accounting, Finance, Management, or to internships and job placement. For business Marketing. The program provides more students, employers recruiting on campus “I’m really appreciative of everything WVU has done to support me and my project. I know I wouldn’t be getting this recognition without their support.” — Katherine Bomkamp is a recipient of the DonMar Entrepreneurship Scholarship and creator of The Pain Free Socket, a prosthesis that eliminates phantom pain in amputees “When I think of my experience at WVU, I remember the many fellow students who have become lifelong friends, but I am especially indebted to the professors who really gave me a foundation for success in my chosen field.” — Fred Tattersall, a 1970 Finance graduate, donated $3 million to create the Distinguished Chair in Finance in November 2010 Priorities for Tomorrow T he College of Business and Economics has identified a list of essential funding priorities that, with your vital support, will power our accomplishments in education and research in the coming decades. As does everything at the College, our priorities begin with students and go on to address our many responsibilities to the community. These Student Enrichment and Internships..........................$1 million Provide greater availability of real experiential learning opportunities both domestically and internationally Ensure internships for both undergraduate and graduate students Endowed Faculty Chairs, Professorships and Faculty Enrichment.................$26 million priorities center around attracting the best and Attract the brightest students and faculty members, Meet preparing students for careers where they can do well and supporting faculty as they advance their research and create new possibilities. Scholarships & Fellowships.............$4 million Grow enrollment to 3,000 without jeopardizing quality and accessibility Attract the best graduate and undergraduate students (including new Ph.D. in Business Administration) and retain top faculty the demands of larger enrollment with more faculty in key disciplines Provide faculty support and enrichment, critical for innovative research and publication Academic Programming...................$3 million Support the growth of the College in new disciplines (Supply Chain Management, International Business, and Entrepreneurship) and industrial sectors of interest to West Virginia (Energy, Hospitality/Tourism, and Healthcare) Naming of Centers........................$10 million Support specialization and the development of new knowledge Naming opportunities include: Bureau of Business and Economic Research, Business Communication and Learning Center, Center for Innovation & Entrepreneurship, Center for Chinese Business, Center for Executive Education, Free Market, and Forensic Accounting and Fraud Examination Sponsorship of Regional Economic Outlook Conferences................. $500,000 Support the Bureau of Business and Economic Research, in operation since 1949, in its landgrant mission of providing West Virginia, the government, and the business community information to make better informed decisions Opportunity Funds.......................... $500,000 Provide the dean and the College the flexibility to pursue opportunities in current and new areas of interest to the University and to the state 5 Building Our Future Trading Room..............................$2.5 million Provide students in finance, accounting, and other disciplines with real tools to develop the skills to compete in the modern financial services industry 6 Funds would be used to construct, equip, and operate the rooms Updating the Current Building......$10 million Current building opened in 1991 Updating will include structural, technological, and environmental improvements Classrooms, meeting rooms, lecture halls and suites will be modernized Constructing New Building...........$35 million New building will be dedicated to graduate programs Includes classrooms, student meeting rooms, lecture halls, trading rooms, event/ conference center It should be adapted to the pedagogical requirements of the 21st century Innovation Center...........................$5 million Joint mission between the Eberly College of Arts & Sciences and B&E Located in connector building between B&E and Life Sciences Fully equipped pods where scientists and business majors will work on innovative projects, taking them from the labs to the market Open to all other colleges to accelerate innovation and entrepreneurship throughout the University Technology and Equipment.............$1 million Obsolescence is a critical issue when analyzing the needs of educational institutions Upgrading hardware and software is critical to keep up with technological advances “My academic and other experiences at WVU positioned me to compete with my fellow Wharton classmates from prestigious universities around the world. The professors’ passion inspires students to do great things; their lessons teach you how.” — Jason Gianola is a 2006 Accounting graduate who received an MBA from the University of Pennsylvania’s Wharton School and now works for Boston Consulting Group. Never better, never FINISHED... T hat’s where we stand at our 60th anniversary: better, stronger, more global, and more engaged with West Virginia. The 8 JOIN US and make B&E the pride of West Virginia. Invest in us as we take this journey of people College has never been more aware, however, and potential. West Virginians will be the of the needs we face and the challenges and beneficiaries of the service, bold ideas, knowledge, opportunities that lie ahead. and talented leaders we produce. Our journey Like so much of the leading-edge education will be exciting, difficult, surprising, and always we provide, the future of our College and our rewarding. Together, we will take this College to community will be a team effort. We can’t unprecedented heights while staying true to our provide the teaching, research, and service that mission, ethics, and Mountaineer heritage. the 21st century demands without the support I can promise you an exceptional return on and generosity of our alumni and our friends. your investment when you support the College of JOIN US to help realize our vision of Business and Economics through A State of Minds: “Better. Bigger. Ranked.” JOIN US in our effort to make B&E one of America’s finest schools of business and economics. JOIN US in offering the sons and daughters of West Virginia, and the rest of the world, a great education. The Campaign for West Virginia’s University. My thanks for your commitment and generosity. It is my honor and privilege to be at the College at this momentous time. In business and in our College, tomorrow is already here. Jose V. Sartarelli, Ph.D. Milan Puskar Dean WEST VIRGINIA UNIVERSITY West Virginia’s healthcare epicenter, its flagship of service, its brain trust. Home to some of the most innovative and forward-thinking minds in the country, WVU serves the world by first serving its state. We have emerged as a leader in solving today’s most complex problems, and we are ready to share our State of Minds with the world. A State of Minds: The Campaign for West Virginia’s University is about investing in the values, ambition, intellect, and mindset that define one of the most exciting universities in the country. With support from alumni, friends, foundations, and partners, West Virginia University will be in a position to lead the national and global dialogue on energy, health, the environment, the economy…and so much more. West Virginia University is an Equal Opportunity/Affirmative Action Institution. College of Business and Economics Office of Development 1601 University Avenue | P.O. Box 6025 | Morgantown, WV 26506-6025 | 304-293-4092 | www.be.wvu.edu One Waterfront Place, 7th Floor | P.O. Box 1650 | Morgantown, WV 26507-1650 | 304-284-4000 or 800-847-3856 | www.astateofminds.com