The GSB Campaign Changed the Game
Image by Beth Rooney
On June 30, the GSB campaign sprinted across the finish line, exceeding our $300 million goal by almost 20 percent.
Your enthusiastic and generous support, along with the outstanding work of our development and alumni relations staff, have truly transformed the GSB over the last decade. The campaign's tangible legacies include:
- New facilities, including the Charles M. Harper Center in Hyde Park, which helped build a stronger sense of community among GSB faculty, students, and staff by bringing them together once again under the same roof;
- A significant expansion of faculty support, including 25 new endowed professorships and several new faculty fellowships;
- Important new academic centers and programs, including the Initiative on Global Markets, the Michael P. Polsky Center for Entrepreneurship, the James M. Kilts Center for Marketing, and the Becker Center on Price Theory founded by Richard O. Ryan, '66, all of which allow the GSB to support thought leadership through faculty-driven research;
- Extended student support through an increase in scholarship assistance to students — from $1.8 million before the campaign to $6.3 million afterward — which helps the GSB compete successfully for the top business school candidates;
- Events that reconnected alumni with each other and the GSB, particularly Management Conference, which has attracted increasingly larger audiences, and Alumni Celebration, the festive annual gathering that now draws nearly 1,000 alumni and other supporters of the GSB to Chicago every year to reminisce with old friends and meet new ones;
- A strengthened global network, including the creation of the Global Advisory Board in Asia, Latin America, and Europe; the expansion of the Global Leadership Series; and the opening of our European campus in London.
It has been an honor and a pleasure for the two of us to lead this campaign. As we look forward, it's clear that the GSB is very well positioned and has great momentum.
Our greatest challenges over the next few years are to recruit larger numbers of extraordinary new professors and increase the size of the faculty by at least 10 percent, secure additional endowed faculty chairs, steadily increase the annual scholarship budget, expand the GSB brand internationally through global initiatives, and build a student residence/portal in Hyde Park.
Reaching our aspirations won't be easy, but this campaign has changed the game and positioned us to compete at the very highest levels. As a result, we now have the confidence to compete globally and to aspire-realistically-to be recognized as the finest business school in the world on all dimensions.
We extend the GSB community our sincere congratulations in so greatly strengthening the school's human, physical, and financial resources. Thanks to your generosity and support, the GSB faces the future with confidence and enthusiasm.
Please join us in person at Alumni Celebration in Chicago on November 7, when we'll have a chance to raise our glasses in a toast to celebrate the success of the campaign. We hope to see you there!
Alper and Keller were campaign co-chairs.