Donation, name change help UH business school

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Vol. 11, Issue 254 - Monday, September 11, 2006
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Donation, name change
help UH business school
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THE ISSUE
Real estate investor and alum Jay H. Shidler has
donated $25 million to what now is called the
Shidler College of Business.
Who should be the
starting quarterback
for the UH football
team?
THE University of Hawaii's business college at Manoa suddenly
has a brighter future because of a $25 million donation by real
estate investor and UH alumnus Jay H. Shidler. As thanks, the
university is renaming the department the Shidler College of
Business, following a national trend.
Sections
Shidler's donation is the largest single gift to the UH Foundation. It
will be used to provide more scholarships, attract instructors,
lecturers and researchers to endowed positions and create a fulltime master-of-business-administration program, now limited to
evening classes.
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Inside | Sep. 11
The business college will be the first UH department named for an
individual, but the move is hardly pioneering, especially with
business schools. The world's first collegiate business school was
founded by steel magnate Joseph Wharton in 1881 at the
University of Pennsylvania, and the Wharton School remains the
nation's most prestigious.
In the last two years, several public business schools have sold
their naming rights, according to Business Week. The University of
California-Irvine's Graduate School of Management has been
named for Hot Pockets inventor Paul Merage after his gift of $30
million, and UC-San Diego's business school has been named for
billionaire investor Ernest Rady for a similar gift. Oklahoma State
University named its business school after energy company
executive William S. Spears gave an undisclosed amount.
Vance Roley, dean of the Shidler College of Business, said the
goal will be to push the undergraduate business program into the
nation's top 25 public business schools and its graduate program
into the top 50 by 2013. Its graduate and undergraduate
international business programs already are ranked in the top 25.
The school has long had an Asian focus, and part of the money will
be used to energize its MBA program in China and expand its
Vietnam executive MBA program, located in Hanoi, by adding a Ho
Chi Minh City branch.
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