Viewpoint

Dear School of Business Alumni and Friends:

Viewpoint student authors Lauren Ursaki and Colin Gerner
Professor Donald Siegel
Dean of the School of Business

As I enter my seventh year as dean, I am pleased to report that these are great times for the School of Business. Last year, we moved into our state-of-the-art $64 million School of Business building, which was recently voted the fourth most attractive business school facility in the world. A distinctive feature of this facility is that it is highly student-friendly and also has ample space for corporate recruiters. We now have a world-class facility that is worthy of our world-class business school. I encourage you to visit your alma mater and see this wondrous edifice and how it enhances the student experience.

Our upward trajectory has also been confirmed in the national rankings. In the past two years we were ranked #86 and #87 in the U.S. by U.S. News and World Report. More importantly, we were ranked #1 in the country by U.S. News for the past two years in terms of placement. We are not resting on our laurels. We aspire to be in the top 50 in the U.S. and our President, Robert J. Jones, Ph.D., is committed to helping us achieve this lofty objective.

This fall, we launched a new undergraduate degree program in digital forensics, which trains students for careers in information security in any sector of the economy (e.g., financial services, retail, health care, nonprofit or government). This program builds on our strengths in information technology and accounting, while also involving four other colleges at UAlbany (the School of Criminal Justice, College of Computing and Information, Rockefeller College, and the College of Arts and Sciences) and numerous community colleges. It is the only undergraduate degree program in digital forensics in New York State and just the third such program in the U.S.

In this issue of our magazine, we highlight two additional exciting developments, which underscore the progress we have made in recent years and bode well for future improvements in organizational performance. The first relates to fundraising and the second concerns new faculty hiring. This year, thanks to the generosity of our alumni, we successfully completed our $9.75 million capital campaign for the UAlbany School of Business by raising a record $10.4 million. We also received the largest gift in the history of the school – a $1.5 million gift from philanthropists J. Spencer and Patricia Standish, for an endowed chair in entrepreneurship. On page 10, you will read how

these funds have encouraged student success.

While it is nice to have substantial investments in financial capital ($10.4 million) and physical capital (the $64 million School of Business building,) what matters most to our students and potential employers is the quality of our human capital. This year, we hired nine new faculty members, including multiple hires in accounting and digital forensics. These professors will help us build on our strengths in accounting, finance, and information technology management and also allow us to develop new strengths in digital forensics. In addition to these outstanding new faculty members, we are currently searching for at least three additional new faculty members in life sciences entrepreneurship, social entrepreneurship and marketing.

As we continue our upward trajectory, I encourage you to provide us with feedback on how we can better serve your needs. Thanks for your support of the School of Business.