University of Wyoming College of Business gets $2.62M grant

April 24, 2006 - Posted in College Grant

The University of Wyoming College of Business, armed with its second Daniels Fund grant in two years, will expand its business ethics program by hiring a professor who will teach classes in the subject in the coming year.

A $2.62 million grant, on top of a $900,000 grant last year, was announced Thursday in Denver. An announcement from the university said the two grants, totaling $3.52 million, were among the largest sums that UW has ever received from a private foundation for academic programs.

The initial grant was used to hire O.C. Ferrell, a leading figure in ethics education, as the first Bill Daniels Distinguished Professor of Business Ethics. Ferrell is listed in the campus directory as a visiting professor of management and marketing.

Lawrence Weatherford, associate dean of the college, said John Fraedrich, a professor of business ethics at Southern Illinois University, would join the faculty in the fall as a visiting professor and teach classes in ethics each semester.

Weatherford said Ferrell’s work as visiting professor “has been mostly planning, reaching out to the state, kind of coordinating what it will look like in the long term.” He said Fraedrich would continue this work along with his teaching.

Plans for the ethics program include both adding courses devoted to business ethics and incorporating ethical concepts into courses already offered by the college, Weatherford said.

“A task force is working on embedding ethics modules into all sorts of different curricula such as management and marketing,” the associate dean said. He said the task force was working with both the philosophy department and the College of Law.

The university’s announcement said that as part of outreach program, a workshop on business ethics will be held in Casper May 5, with community college instructors from throughout the state attending. The workshop was billed as “the culmination of this year’s initiative.”

At the announcement in Denver, Brent Hathaway, dean of the College of Business, said the 2005 grant had “allowed us to jump-start the most comprehensive statewide business ethics education program in the Rocky Mountain region.”

Linda Childears, president and CEO of the Daniels Fund, said, “We are honored to partner with the University of Wyoming in helping to ground students in the essential values they will need to succeed in business and live happy productive lives.” She said Bill Daniels, founder of the fund, “considered achieving a reputation for honesty and integrity in business as the greatest accomplishment of his life.”

Hathaway said the grant would enable UW to become a resource for Wyoming businesses in the field of business ethics and leadership and would make it possible to continue the visiting professorships for a total of 13 years.

The Daniels Fund also provides Daniels Opportunity Awards in Wyoming, coordinated by the Wyoming Association of Student Financial Aid Administrators. Its grants to UW and the state’s seven community colleges have included such things as $110,000 to provide scholarships for nontraditional students, typically those who enter higher education some years after graduation from high school.

Source: casperstartribune.net


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