Business School

Morgan State University officials broke ground Wednesday on a $72 million business school — the first step, they said, in a plan to expand the campus' western edge while improving a troubled shopping center. The 140,000-square-foot Earl G. Graves School of Business and Management will include a lecture hall and classrooms, as well as hotel rooms and a large kitchen for hospitality classes. The building, which is expected to be completed in the summer of 2014, is the first of three planned for land where a vacant hardware store stood most recently.

Ronald J. Biglin, a former business professor and dean of graduate programs at what is now Loyola University Maryland who owned a winery and a distribution company, died Monday at Gilchrist Hospice Care in Towson. The Lutherville resident was 81. "Ron always got outstanding ratings from the students. He taught in the executive program and marketing, plus he had lots of professional experience. For instance, he knew what it meant to do a payroll," said Charles R. "Bob" Margenthaler, who was dean of the business school at Loyola from 1985 to 1992.

Resume polishers, get ready to rub: If you went to business school at the University of Maryland, your alma mater is now ranked 20th in the nation by U.S. News and World Report.The College of Business and Management jumped this year from 25th place on the influential list of undergraduate programs, past business schools at Arizona State, Emory University, Georgia Tech, the University of Florida and the University of Pittsburgh."Of course, we're very, very happy about it," said business school spokeswoman Anne Moultrie.

They've been married just over two years, but Andy and Seanne Herbick have already exchanged vows three times, most recently Sunday morning at their alma mater, Loyola University Maryland, with about 160 other steadfast lovebirds. Standing in the same stone chapel where they married the first time and listening to the same priest, the Hampden couple reiterated that, yes, they were still in it for good, bad, sickness, health and till death do they part. Since married life has quickly tried them on all of that — including, on the good front, the birth of their son P.J., who's now 13 months old — the words, if anything, ring truer.

OXFORD, England -- What university would turn down a gift of $34 million for a new business school? Hardly any -- except, that is, Oxford, the oldest university in the English-speaking world.The dons of Oxford, to which the bright and the well-born have flocked since the 12th century, recently said no to the money of Wafic Said, a Saudi billionaire of Syrian origin.The Daily Telegraph, a conservative paper, called the 259-to-214 vote Nov. 5 against the offer an elitist bias against business.

The man who got his start in bread but went on to become a multimillionaire and one of Baltimore's most prolific developers will be honored tonight as "Business Leader of the Year," an honor presented annually by the Sellinger School of Business and Management at Loyola College. John Paterakis Sr., president of H&S Bakery Inc., will receive the award at the Renaissance Harborplace Hotel. With 1,100 tickets sold, it is the largest turnout in the event's 18-year history. Paterakis joined his father's storefront bakery at age 23 and helped expand it into a national company with clients such as McDonald's Corp.

NationsBank has given a $500,000 gift to the University of Maryland's College of Business and Management, the university announced this week.The money will go to "enhance faculty research and retention" and "to fund student scholarships in the college," the business school said."

In 1988 the Greater Baltimore Committee published a report decrying the lack of a graduate business school of national renown in Maryland. The University of Maryland's College of Business and Management is a good school, the report said, "but not considered of national stature."Yesterday, officials at College Park were able to refute the GBC report officially: In its April 29 edition, U.S. News & World Report magazine ranks the university's school among the top 25 business schools in the nation.

One on One is a weekly feature offering excerpts of interviews conducted by The Evening Sun with newsworthy business leaders. Daniel E. Costello became the new dean of the Robert E. Merrick School of Business at the University of Baltimore last June.Q. With more than 600 Master of Business Administration programs in the United States, how do you plan to market the University of Baltimore's program?A. Actually there are probably 1,200 to 1,500 business school programs in the U.S. Some 270 of those are accredited.

COLLEGE PARK -- With the budget ax falling around him, business professor Richard Poist gave up his teaching job of 20 years at the University of Maryland.But there was a consolation -- another position in greener academic pastures with a substantially higher salary.Dr. Poist was not alone in abandoning ship at the business school on the College Park campus -- and other faculty members are thinking about it."You're certainly not going to get that [salary and position] from the University of Maryland," he said from Ames, Iowa, home of Iowa State University.

Just as there are many roads to glory, there are myriad ways to grapple with the ghosts of racism past. Some seek, and eventually obtain, apologies such as the one issued by the Howard County school board last month. Others seek, and sometimes obtain, financial reparations — such as those who, decades after it happened, eventually divided several million dollars because of a 1920s racial cleansing in Rosewood, Fla. But last month, Morgan State University took a giant step in a different direction, breaking ground for a new home for its business school.

Morgan State University officials broke ground Wednesday on a $72 million business school — the first step, they said, in a plan to expand the campus' western edge while improving a troubled shopping center. The 140,000-square-foot Earl G. Graves School of Business and Management will include a lecture hall and classrooms, as well as hotel rooms and a large kitchen for hospitality classes. The building, which is expected to be completed in the summer of 2014, is the first of three planned for land where a vacant hardware store stood most recently.

Bernard T. Ferrari's diverse career took another turn in July when he became the second dean in the history of the Johns Hopkins Carey Business School. Ferrari started out as a surgeon before a switch to management, which included a five-year stint as the chief operating officer for the Ochsner Clinic, now known as the Ochsner Medical Center, in Louisiana. From there, he became a senior health care consultant and then director of the global health care practice at McKinsey & Co., a management consultant.

On the day before graduating from Howard Community College, Jennie Wang of Columbia considered the arduous road she had traveled and her studies at the Johns Hopkins University that lie ahead. One thought came to mind: "If my Hammond High School teachers could see me now ... " "If they [discover] I'm going to Johns Hopkins, they're going to be like, 'What? Jennie Wang? Really?' In high school, I was the worst student ever," said Wang, 22, who also became pregnant shortly after graduating from high school, leaving her estranged from her parents, who immigrated to the U.S. with her from China when she was 10. Determined to dispel stigmas attached to young single mothers, Wang excelled at HCC, eventually becoming student government president and vice president of Phi Theta Kappa, the national honor society for students at two-year colleges.

The Rev. Joseph M. Kennedy, a Jesuit priest who taught in India for 30 years, died of heart failure Feb. 12 at the St. Claude la Colombiere Community, his order's Roland Park retirement home. He was 88. Born in Baltimore and raised in Chevy Chase, he was a Gonzaga College High School graduate who attended Georgetown University before entering the Society of Jesus in 1942. He studied at the old Woodstock College from 1946 to 1949. As a seminarian, he was granted permission to become an Indian missionary.

Business entrepreneur and philanthropist William Polk Carey, who donated more than $100 million to Maryland schools and universities, spent most of his life outside the state, but he never stopped thinking of himself as a Baltimorean. Mr. Carey, 81, died Monday at a West Palm Beach, Fla., hospital. But he left a legacy here. He maintained a rooting interest in state politics and the Baltimore Orioles. He was proud of the six generations that his family spent in Baltimore, relatives and friends said, and the influence they've had on the city.

The University of Maryland, College Park had the most successful fund-raising day in its history yesterday, announcing two gifts totaling $21 million to benefit a new performing arts center and expand its business school.Clarice Smith's $15 million donation matches the two largest donations in the history of the school, including one from her husband, Robert H. Smith, given last year. The family's total of more than $30 million makes them the biggest donors to any public university in Maryland.

Sister Mary Anne Brown, who had been principal of a Patterson Park business school during a lengthy teaching career, died of cardiovascular disease Monday at her order's Aston, Pa. retirement home. She was 87. Born Mary Anne Brown in Wilmington, Del., she entered the Sisters of St. Francis of Philadelphia in 1939 and received the name Sister Mary Liguori. She later used her baptismal name. Sister Mary Anne earned a bachelor's degree in English from Mount St. Mary's University in Emmitsburg and had a master's degree from Catholic University of America.

Towson University's College of Business and Economics will build a new financial laboratory that will act as a trading floor thanks in part to a $200,000 grant from the T. Rowe Price Foundation, the charitable arm of the Baltimore money manager. The T. Rowe Price Finance Laboratory will allow students to value and price securities and investments in a simulated trading environment, providing hands-on experience and real-life training, according to the college. The lab will be housed on the first floor of Stephens Hall.

Yash P. Gupta, founding dean of the Carey Business School at the Johns Hopkins University, will step down at the end of this academic year to become chief executive officer at SDP Telecom Inc. Gupta has served as dean at the Carey school since it began operations in 2007. He oversaw development of the school's full-time MBA program and its move to the Legg-Mason Tower in Harbor East. "I give all due credit for this significant progress to the first dean of the Carey School, Yash P. Gupta, who has been a tireless evangelist for the school and brought us to this important moment," said Hopkins President Ronald J. Daniels.