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CENTER FOR INTERNATIONAL BUSINESS NETS $110,300 GRANT

 CINCINNATI, May 11 /PRNewswire/ -- A pilot program within the College of Business Administration at Xavier University, The Center for International Business (CIB), received a two-year grant of $110,300 from The Cleveland Foundation in support of international business curriculum development.
 Xavier's President, the Rev. James E. Hoff, SJ, said, "This grant from The Cleveland Foundation will enhance the educational opportunities of Xavier students, preparing them to play an active role in today's rapidly changing global society."
 The Cleveland Foundation's matching grant provides the personnel infrastructure for CIB, including salaries for the program director and support staff, and funds for a market survey. This award also enables business faculty to attend workshops on internationalization at the University of South Carolina and supports curriculum revision efforts in the College of Business Administration. Other CIB projects will be funded by Xavier, in the form of matching expenditures.
 "It is the university's strong conviction that our graduates must be adequately prepared to compete in a developing world marketplace," said CIB Director Dr. Irvine H. "Dusty" Anderson. "While we have already started to expand course offerings to business students, The Cleveland Foundation's grant will enable us to proceed with a truly internationalized curriculum."
 Xavier is linked with local multi-national businesses through the university's CIB Advisory Board of corporate executives, the Cincinnati Chamber of Commerce, the International Trade Association and the Northern Kentucky Foreign Trade Association. Xavier's Executive MBA program includes travel to Europe and Asia for participants and faculty.
 "Combined with other on-campus programs, such as modern languages, international relations and International Student Services, a foundation exists for a solid international curriculum at Xavier," said Dr. William Larkin III, Xavier's acting academic vice president.
 CIB will stress long-term faculty development in international business, focusing on the European Community, Latin America and the Pacific Rim. Through this center the university will offer released time to faculty for course development in international business; arrange for faculty participation in local international business organizations; and develop/market data on faculty consulting and training capabilities to area businesses.
 Other details of the pilot program include:
 -- a survey of Cincinnati companies engaged in foreign trade to determine what they expect of business administration graduates, leading to creation of a minor in international affairs for business majors;
 -- undergraduate programs lasting a summer, semester and/or full- year abroad in Tokyo, Singapore and locations in Mexico and the European Community; and
 -- undergraduate internships developed in cooperation with Greater Cincinnati multi-national firms.
 "Taken as a whole, this program will significantly improve the ability of Xavier business graduates to function effectively in a global economic environment, thereby supporting the business interests of the Greater Cincinnati area," said Dr. Daniel Geeding, dean of the College of Business Administration.
 Xavier business students have posted extraordinary achievements during the past decade. In 1991, a student won the Ruwitch Prize for the best student-written business plan. Also, students have received the prestigious Robert Goldstein Scholarship in marketing for the past three consecutive years. Teams of business students have competed for the Small Business Institute's award for best regional case study every year from 1983-90 and finished first (1986), second (1987) and third (1988) nationally.
 The Cleveland Foundation was the nation's first community trust. Since 1914 it has met the ever-changing needs in the general areas of civic affairs, social services, cultural affairs, health, education and economic development. The foundation is governed by an 11-member distribution committee composed of community leaders from Greater Cleveland. It currently administers hundreds of funds from a wide range of donors.
 Xavier's grant is drawn from The Dorney Fund, established in 1977 with a gift of $5 million from L. Dale Dorney, a businessman from Findlay, Ohio. Under the terms of the trust agreement with The Cleveland Foundation, 45 percent of the income from the trust is earmarked for projects in Findlay and Hancock Counties in Ohio. Dorney stipulated that the remaining 55 percent be devoted to strengthening programs of business and management education at institutions of higher learning in Ohio. In response to this mandate, the foundation established the Statewide Program for Business and Management Education and in 1982-83 began awarding grants on a statewide basis for the first time in the foundation's history.
 -0- 5/11/93
 /CONTACT: Charles J. Carey, APR, of Xavier University, 513-745-3339/


CO: Xavier University ST: Ohio IN: SU:

KL -- CL017 -- 7041 05/11/93 12:00 EDT
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Date:May 11, 1993
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