The Boeing Company is donating $1 million to the University of Missouri–St. Louis toward the construction of a new building for its College of Business Administration, university and company officials announced today.

“The Boeing Company has again demonstrated why it is one of the nation’s leading corporate citizens,” UMSL Chancellor Tom George said. “Its gift will help UMSL better prepare students to be future leaders of business, which in turn will improve the overall economic and social well-being of the St. Louis region.”

This new building will streamline all the current business school operations, offering students and faculty a centralized place to collaborate, interact and share ideas within their specific disciplines. It will feature cutting-edge classrooms, modern computer laboratories, faculty offices, seminar and conference rooms, and student organization suites. UMSL’s College of Business Administration enrolls nearly 2,900 students and has 24,000 alumni – 18,000 of whom live and work in the St. Louis area.

“Boeing has provided financial support to the University of Missouri–St. Louis for decades, and this gift is part of the company’s long-term commitment to higher education,” said Bob Samuelson, Boeing finance director and executive focal for UMSL. “The new building will provide state-of-the-art facilities that will help students successfully tackle current and future challenges. It also allows students to take advantage of new opportunities all while realizing their dreams and securing America’s future in a global economy.”

Boeing works closely with selected colleges and universities to enhance undergraduate curricula, support continuing education of Boeing employees, recruit outstanding candidates for employment and collaborate on research that benefits the long-term needs of its business.

“This gift is greatly appreciated,” said College of Business Administration Dean Keith Womer. “The college provides an exceptional learning experience. But the facilities – frankly – have not kept pace with the people and programs that make the college great. This gift will help us create student-learning experiences that current facilities simply can’t provide.”

UMSL’s College of Business Administration was established in 1967. It offers bachelor’s degrees in accounting, management information systems and business administration. Students declaring a degree in business administration may choose from five emphasis areas: finance, international business, logistics and operations management, management and organizational behavior, and marketing.

The college also offers master’s degrees in accounting, information systems, business administration and a hybrid Professional MBA program, as well as doctoral degrees in business administration with emphases in information systems and logistics and supply chain management.

U.S. News & World Report has ranked the college’s International Business program in the top 20 in the nation for seven consecutive years, and the college is among only 10 percent of business schools in the United States to carry the Association to Advance Collegiate Schools of Business accreditation for both business administration and accounting programs.

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Jen Hatton

Jen Hatton