Pacific to start College of Business
July 1 is the launch date for Forest Grove program, which will operate with existing budget and staff
Pacific University President Lesley Hallick has announced an ambitious schedule to transform its Business Department into a College of Business.
"Elevating our programs to the level of a college will be a significant attraction for prospective students who value our small, personal learning environment and who endeavor to make their mark on the world through business and management," Hallick says.
Hallick believes the Forest Grove-based institution is well-positioned to prepare students to become local and international business leaders, given its status as the only four-year university in Washington County, Oregon's economic hub and home to such global giants as Nike and Intel.
"The creation of this college marks the opportunity to partner with our neighboring industries, to develop internship and networking options for students, graduates and corporations, and to educate the next generations of creative and thoughtful leaders and entrepreneurs," Hallick says.
The new college is scheduled to begin operating July 1 with the departments existing budget and staff. But Hallick is planning for the budget to more than double and the staff to increase six times within five years.
The department currently has a budget of around $900,000 and a 2.1 full-time-equivalency staff to teach around 25 students. The plan approved by Pacific's Board of Trustees last month calls for a budget of around $2 million to support a 12.6 FTE staff to teach about 170 by 2018. Fundraising plans are already underway.
The new college will join the universitys existing College of Arts & Sciences, College of Education, College of Health Professions, and College of Optometry. The department is currently part of the College of Arts & Science,
The new college will be led by Howard L. Smith, who served as dean of business and vice president of university advancement at Boise State University. Prior to that, Smith served as dean of the Anderson School of Management and professor at the University of New Mexico.
Initial offerings within the new college will be undergraduate degrees in the areas of marketing, finance, accounting, international business and integrated business, programs that previously have been offered within the existing department.
Founded in 1849, Pacific University was modeled after the best schools of New England. Over time, it has grown into a unique combination of undergraduate and graduate programs in liberal arts and sciences, education, business and health.
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