FRONTLINES QUINLAN SCHOOL OF BUSINESS
Blackstone creates scholarship in honor of John Schreiber
Leaders from Blackstone, one of the world’s leading investment firms, gave more than $1 million to create the Blackstone Scholars at the Quinlan School of Business. The gift, announced in February, honors alumnus John Schreiber (BBA ’68) and his many years of leadership and service to Blackstone. “John Schreiber co-founded our real estate business and has
been instrumental in its success,” says Jon Gray, global head of real estate and a member of Blackstone’s Board of Directors. “We could think of no better way to honor John on the occasion of his retirement than establishing the Blackstone Scholars at the Quinlan School of Business.” The Blackstone Scholars at Quinlan will establish an endow-
ment to support students with the greatest financial need. The scholarships will be awarded annually and will significantly reduce student loan burdens. “The Blackstone Scholars at Quinlan will be an important new program at the Quinlan School of Business and will continue the Loyola legacy of making a world-class education affordable,” says Kevin Stevens, Quinlan’s dean. Last year the Quinlan School of Business moved into the new John
and Kathy Schreiber Center, an innovative 10-story facility. The build- ing is named in honor of the Schreibers for a $10 million gift to Loyola. “I am honored by the extraordinary support of my colleagues,”
says John Schreiber, “and I am thrilled that the Blackstone name will become synonymous with promising young students at Loyola.”
Quinlan on small businesses Katie Fitzpatrick, executive director of programs, Chicagoland Chamber of Commerce
Small business owners in Chicago may be uncertain about the state of the economy, but many are optimistic about expanding in the near future. These were among the findings of the
2016 Chicagoland Small Business Outlook Survey, a joint project of Loyola’s Quinlan School of Business and the Chicagoland Chamber of Commerce. For the second year, the two groups partnered to learn about small businesses, what they need to succeed, and their outlook for the future. This year’s findings revealed similar
and growing concerns to last year, namely that small businesses are significantly less confident than last year in the local, state, and national economy. But more than three in four respondents plan to grow their business, with 38 percent expecting to hire additional workers and 52 percent planning to expand within Illinois. “Through this survey, we were able to
get very good insights on what’s going on in Chicago, from the perspective of small businesses,” says assistant marketing professor Alexander Krasnikov, PhD. “But we had also had more tangible objectives, like helping the chamber better target its resources and identify the areas where they can support small businesses.” Theresa E. Mintle, president and CEO of
the Chicagoland Chamber of Commerce, said third-party validation by Quinlan helps her organization better serve the needs of small businesses. She was also impressed by how Quinlan students interpreted the statistics. “It was really eye-opening to see how people who aren’t in this every day interpreted the data,” she says. “It gave us some ideas on how to move forward.”
READ THE FULL SURVEY RESULTS
LUC.edu/Quinlan/sbs
How to succeed in business
Getting ahead in the business world is challenging. But the Quinlan School of Business is giving current professionals an opportunity to stand out—and to quickly take their career to the next level. Quinlan has launched three new graduate certificate programs designed to be completed in three to five courses. Each certificate can serve as an introduction to a degree program, a stand-alone credential, or an addition to an MBA or other degree. The three new certificates offered are business data analytics,
information systems, and supply chain fundamentals. Quinlan will also continue to offer its certificate in business ethics.
LEARN MORE •
LUC.edu/Quinlan/certificates Top 3 in Chicago
The Quinlan School of Business part-time MBA program jumped 9 spots in the latest round of rankings from U.S. News & World Report, placing it in the nation's top 50 and Chicago's top 3. In the 2017 rankings released in March, Quinlan comes in at num- ber 43 out of 296 programs, up from 52 last year. Quinlan’s supply chain master’s program was also ranked number 22 in the country.
6 LOYOLA UNIVERSITY CHICAGO
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