Building Economic Vitality
Last week the University of Georgia celebrated the expansion of its Business Learning Community, a visible reminder of our commitment to promoting economic vitality.
Gov. Nathan Deal, who spoke at the ceremony, described the new facilities as “a tremendous investment in our state’s future,” and added that “our higher education institutions play an important role in the economic development of our state and local communities. The thousands of students who are educated here will become the business leaders of tomorrow, ensuring prosperous days ahead for all Georgians.”
The Business Learning Community is being completed in three phases, and this month’s ceremony marked the completion of phase II and also included a groundbreaking for phase III. President Morehead noted that the Business Learning Community represents a partnership between the university, our alumni and friends, and the state of Georgia. Phase I was funded entirely through private support, and the construction of phase II was supported by $49 million in state funds and $14 million in private donations.
Correll Hall, which houses the Terry College’s graduate programs, opened in 2015 and is named in honor of Pete and Ada Lee Correll of Atlanta. Construction of phase II, composed of Amos Hall, Benson Hall and Moore-Rooker Hall, was completed in the summer. Amos Hall is named in honor of Daniel P. Amos of Columbus, and Benson Hall is named for Athens’ Benson family, which includes patriarch W. Howard Benson, son H.E. “Ed” Benson and grandson Larry R. Benson. Moore-Rooker Hall is named in honor of the family of Dudley L. Moore Jr. and the family of John W. Rooker, both of Atlanta.
Enrollment in our Terry College of Business has increased by nearly 20 percent since 2014, and the Business Learning Community provides students with state-of-the-art facilities that foster student engagement and success. In addition to classrooms, auditoriums and common areas, the Business Learning includes group study spaces, a capital markets lab and a music business lab.
Within these extraordinary facilities, our faculty deliver instruction that prepares students for thriving careers in fields ranging from accounting and finance to management and international business. Our Entrepreneurship Certificate Program is open to students of any major, and it helps prepare students to launch and grow their own businesses.
The annual economic impact of the University of Georgia’s instruction, research and service activities our state totals an astounding $5.25 billion dollars, and the students who will be educated in our Business Learning Community will undoubtedly play a role in elevating that figure in the coming years.