U.S. Bank has pledged $300,000 toward the construction of the new College of Business Administration building at the University of Missouri–St. Louis.
“U.S. Bank has long recognized and supported the unique role UMSL plays in educating St. Louis’ workforce,” UMSL Chancellor Tom George said. “We have more alumni living and working in this region than any other university. This gift will help the business college continue to provide St. Louis with innovative, award-winning academic programming and diverse alumni who assume leadership roles in companies and organizations large and small.”
The complex will be known as Anheuser-Busch Hall and located on UMSL’s North Campus adjacent to Express Scripts Hall. The U.S. Bank Executive Education Center will be housed in the new building.
“U.S. Bank is dedicated to the community and creating long-lasting partnerships,” said Joseph F. Imbs, St. Louis market president at U.S. Bank. “This gift to UMSL is another extension of our commitment to enriching and improving the lives of those we serve.”
The new building will streamline all of 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 classrooms, computer laboratories, faculty offices, seminar and conference rooms and student organization suites.
“The college has outstanding faculty and top-ranked academic programs,” said Keith Womer, dean of the College of Business Administration. “Through the generosity of U.S. Bank and others, we will be able to more efficiently serve more students and the St Louis community by bringing our programs together in one modern facility.”
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 a traditional master’s of business administration program and an online MBA program, as well as doctoral degrees in business administration with an emphasis in information systems and logistics and supply chain management.
The college’s International Business program has been ranked in the top 20 in the nation six consecutive years by U.S. News & World Report. 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.
U.S. Bancorp, with $321 billion in assets as of June 30, 2011, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The company operates 3,086 banking offices in 25 states and 5,086 ATMs and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bank has more than 100 branches and 300 ATMs in the St. Louis area. U.S. Bancorp and its employees are dedicated to improving the communities they serve, for which the company earned the 2011 Spirit of America Award, the highest honor bestowed on a company by United Way.