The School of Business Administration (SBA) has received an $8 million gift to help expand its building and programs from a local MBA alumnus and his wife, who wish to remain anonymous.
With more than 3,000 students, the SBA at Portland State University is the largest business school in Oregon. It has far outgrown its current building and currently requires students to take business classes at various locations across campus. The new building will triple the square footage of the building and add new classrooms, auditoriums, event space, offices, study rooms, and common areas.
“The new building will, for the first time, allow us to create a true business community with the benefits that come from all being under one roof,” said Scott Dawson, dean of SBA.
A third of the $60 million required for the project must come from philanthropy. The University has less than $7 million left to raise after the anonymous gift and several other significant gifts, including donations from local companies and foundations such as Tektronix, The Ralph and Bunny Schlesinger Foundation, and Moss Adams.
Total project cost, $60 million:
- $40 million: Capital funding from the state of Oregon (No. 1 on Governor’s funding priorities for higher ed)
- $20 million: Philanthropic funds ($13.2 already committed)
The SBA has deep connections to business in the region, illustrated by programs such as the new Athletic and Outdoor Industry certificate in the Center for Retail Leadership. The program’s curriculum was developed with local companies such as Adidas, Keen footwear, and Columbia Sportswear. Additionally, all SBA graduates are required to do a capstone consulting project in partnership with a local business, and all MBA students are required to complete a two-week "international experience" overseas--one of the few universities in the country with the requirement.
“We see our programs as locally embedded and globally relevant because of the high participation of local businesses,” said Dawson, dean of the school. “We’re very lucky to be where we are with access to such opportunities and business partners.” For more information go to: www.pdx.edu/sba/grow-with-us.