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"THIS GIFT WILL SUPPORT OUR ABILITY TO CONTINUOUSLY IMPROVE OPERATIONS ON FOUR CONTINENTS WHILE FURTHERING OUR INVESTMENTS IN FACULTY." —Roy A. Herberger Jr., Thunderbird says. An economy with "fantastically mature and promising technology" governed by a political group that pursues "anti-growth, anti-profit policies" produce a model that is "not very ripe for any investment," he warns. Two Schools Receive Substantial Donations Thunderbird, The American Graduate School of International Business, in Glen- dale, Arizona, has been given a $60 million gift by alumnus Samuel S. Garvin and his wife, Rita. In honor of the gift, the school will be re- named Thunderbird, The Garvin School of InternationalManage- ment. Thunderbird officials believe this is the largest naming gift ever received by a business school. Garvin is founder, chairman, and CEO of President Roy A. Herberger Jr., "This gift will support our ability to continuously improve operations on four continents while furthering our investments in faculty. The Garvins' gift also focuses on the importance of attracting outstanding students through scholarships and a curriculum designed to consis- Continental Promotion Group Inc., a global commercial fulfillment busi- ness with clients in 26 countries. According to Thunderbird Salary Adjustment Mean Salaries by Field/Discipline* Field/Discipline Accounting/Taxation CIS/MIS Economics/Managerial Economics Finance/Banking/Real Estate/Insurance Management/Behavioral Science/ International Business/ Strategic Management Marketing Production/Operations Management Quantitative Methods/ Operations Research/Statistics All fields combined *Figures are in thousands of dollars. BizEd MAY/JUNE 2004 9 A chart in the article "The Pro- fessor's Paycheck" was mislabeled in theMarch/April 2004 issue of BizEd. For mean salaries by field and discipline, in thousands of dollars, the correct salary levels are shown below. For the full text of the completed article, go to www.aacsb.edu. $89.7 $87.4 $72.9 $97.3 $84.8 $86.6 $87.9 $84.8 $86.2 the gift to attract faculty, enhance the student experience, develop learning opportunities for alumni, and ad- vance the school's visibility. The re- maining $50 million will be added to the business school's endowment, increasing it to $137 million. Mellon University, Pittsburgh, Pennsyl- vania, has received a $55 million donation fromWall Street investor David A. Tepper and his wife,Mar- lene. The gift is the largest donation to CarnegieMellon in its 104-year history. In recognition of this trans- formational gift, the school will be- come the David A. Tepper School of Business at CarnegieMellon. Tepper is president and founder of AppaloosaManagement, a $3 billion hedge fund investment firm based in Chatham, N.J. The school will use $5 million of tently meet the demands of a global economy." The School of Business at Carnegie Professor Professor Professor $109.0 $105.9 $100.3 $124.3 $108.1 Associate Assistant $89.4 $85.5 $68.5 $101.1 $81.6 $109.9 $112.0 $107.5 $108.9 $84.7 $88.5 $76.0 $84.4 Instructor Doctorate $51.8 $50.0 $48.2 $55.7 $52.5 New $100.7 $91.2 $69.5 $104.4 $87.8 $50.0 $54.7 $47.8 $51.0 $91.9 $90.8 $78.7 $89.7