BizEd

SeptOct2014

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19 BizEd September/October 2014 Navarra in Barcelona, Spain, will open a campus this fall in Munich, Germany. The new campus, located in the city center, will house executive education and custom pro- grams, international modules of the Global Executive MBA program, and two research centers focused on family businesses and manufactur- ing and innovation. ■ This spring, Olin Business School at Washington Uni- versity in St. Louis, Missouri, dedicated its new US$90 million, 177,000-square-foot expansion. The addition of Knight Hall and Bauer Hall more than doubles the school's footprint. The project was made possible by dona- tions from more than 200 donors, including Charles and Joanne Knight, who provided $15 million, and George and Carol Bauer, who provided $10 million. The buildings feature open, collaborative spaces and a three-story glass atrium that rises above an open amphitheater. ■ This spring, the College of Business Administration at San Diego State University in California held a groundbreak- ing ceremony to kick off a US$3.1 million renovation that will expand student/faculty/ staff meeting areas, and add a research lab and observation room. All of the funding for the new construction came in the form of gifts, including the lead gift from advisory board member Tom Page, for whom a pavilion will be named. F I N D I N G O U R A R C H G E O R G E H E R B E R T W A L K E R S C H O O L O F B U S I N E S S & T E C H N O L O G Y W E B S T E R U N I V E R S I T Y 470 E. Lockwood Avenue • St. Louis, MO 63119 NOTEWORTHY 4 Continents • 8 Countries • 60 Cities • 1 University Webster University, founded in 1915 with its home campus based in St. Louis, Missouri, USA, is the only Tier 1, private, nonprofit university with campus locations around the world including metropolitan, military, online and corporate, as well as American-style traditional campuses in North America, Europe, Asia and Africa. United States • Switzerland • Austria • the Netherlands • United Kingdom China • Thailand • Ghana Each year, Webster University's George Herbert Walker School of Business & Technology unveils a new edition of Notabene to highlight the accomplishments of our students, faculty and alumni. The stories in this issue reflect our quest to ensure that our students and graduates remain relevant and competitive in an increasingly dynamic environment. Read online the 2014 edition of Notabene, "Finding Our Arch". webster.edu/notabene EC-2665 WEb U_Notabene.indd 1 7/25/14 8:57 AM CORRECTION In "The Fiscal Fix," an article by Mark Zupan that appeared on page 38 in BizEd's July/August 2014 issue, the author wrote that Yale University's School of Management in New Haven, Connecticut, had experi- enced a US$20 million loss over the last 15 years. Yale School of Management rep- resentatives note that those numbers, which originally appeared in a 2012 issue of The New York Times Magazine, do not take into account important and rel- evant details. Specifically, those numbers do not reflect that the school's operating deficits prior to 2008 were due to investments covered by a donor fund, and that the school has been operating in the black since 2008. For fur- ther clarification, they direct readers to information posted on the school's website at som.yale.edu/news/news/ fact-check-media-reports- yale-soms-finances.

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