Centers and Facilities

Business schools open new research centers and learning facilities.

Babson College in Wellesley, Massachusetts, has opened the Kerry Murphy Healey Center for Global Healthcare Entrepreneurship with US$10 million in funding from the Steven C. and Carmella R. Kletjian Foundation. The center’s mission will be to establish a global community dedicated to developing innovations in healthcare systems and processes that lead to advances in global health and surgery.

Arizona State University’s Thunderbird School of Global Management has broken ground on its new global headquarters on ASU’s downtown Phoenix campus. Thunderbird’s new home will include five stories and 112,000 square feet of space; an interactive Global Forum where speakers from any remote location can address and engage with students; an Innovation Lab for experiential learning that includes a Global Situation Room; and a Language Lab enhanced by augmented reality and virtual reality technology.

In October, the University of Pittsburgh in Pennsylvania launched its Center for Sustainable Business (Pitt CSB) within the Joseph M. Katz Graduate School of Business and College of Business Administration. The new center will work with global and regional companies to integrate environmental and societal concerns into their business models. It will be led by CB Bhattacharya, the H.J. Zoffer Chair in Sustainability and Ethics.

New York University’s Stern School of Business has renamed its Volatility Institute. The center now will be known as the Volatility and Risk Institute (VRI). The VRI will continue to assess financial volatility and risk while now also considering risks related to climate, cybersecurity, and geopolitics.