As fiscal year 1997 drew to an end, so did my first term as dean of the college. In the beginning of my new term, I reviewed our goals for the first five years and found we had made significant progress. There is still work to be done. And there are new goals on the horizon. I am pleased to bring you this Annual Report, which chronicles the past year and anticipates the future.
You may recall from my earlier letters that priorities for the last five years were the revitalization of the MBA program, the institution of long-term changes to the undergraduate program, and fund-raising goals to improve the college's facilities and increase its endowments.
|I'm delighted to report that we have made significant progress in all
these areas. The revised MBA program graduated its first cohort under the new curriculum
structure in spring '97. Our underlying philosophy and strategy is, as it has always been,
to build on existing strengths. At this time that means concentrating on the areas of
technology, finance, marketing, and accounting. Our plan for the future is to attract the
highest-quality students who want to concentrate in these areas.
program, which continues to be extremely strong, is continually changing. What remains
constant is the quality of our students across all disciplines. This past fall, our number
one-rated accounting program fully implemented its new curriculum, Project Discovery.
In fund raising, we have already surpassed the college's campaign goal of $61 million and are on target to build new facilities and renovate old. With the Spring '97 announcement of the Andersen campaign to raise $7 million for the new Commerce facility, and the Wohlers' gift of $6 million to refurbish Commerce West, announced in Spring '98, we are well on our way toward reaching our goal to have facilities for the twenty-first century that truly reflect and enhance the depth and quality of our programs.
Looking ahead to the next five years, we expect to follow through on existing priorities, develop new opportunities, and establish heightened goals. I have identified six distinctive capabilities and program priorities that will occupy our attention during my second term of office. They are:
These goals provide an even more daring challenge than we faced in the last five years. I am persuaded that, with the commitment of our faculty and students and the support of our alumni and friends, these are achievable.
With warmest regards,
Howard Thomas, Dean and James F. Towey