What's in a name?
When Michael R. Quinlan (PhB '67, MBA '70), former chairman and CEO of McDonald's, announced he was giving $40 million to our school, we knew it would forever change the course of our history. We didn't realize by how much—and how soon. As we celebrate our one-year anniversary of becoming the Quinlan School of Business, we look back on all that has been accomplished in that short time.
For our undergraduates, we started the Quinlan Case Competition, allowing them to tackle a real-world business challenge for the chance at cash prizes. Along the same lines, we reimagined the Quinlan Social Enterprise Competition (formerly the Loyola Business Plan Competition), primarily for our graduate students, with involvement from our alumni.
We brought back our annual gala. We also brought our alumni back to campus, with events like Real Time with Alumni, offering students the chance to gain insight from some of Chicago's most successful business leaders. Meanwhile, alumni giving is up across the board.
Business Career Services
We more than doubled the number of employers at our fall career fair, while increasing our on-campus interviews by 38 percent. This coming year, we will have 19 students taking advantage of our revamped winter accounting internship program, when historically it has been about four.
Our MS in Supply Chain Management got off the ground with much success. We are now seen as the go-to source for supply chain recruiters—to the point that we have more job opportunities than students (2:1). Likewise, our Intercontinental MBA cohort will be taking off this fall, with students traveling to four continents; much of this was made possible through scholarships.
We launched the city's first and only Supply and Value Chain Center in concert with a representative from the mayor's office. We also formed the Raymond C. Baumhart, S.J., Center for Social Enterprise and Responsibility.
Our MBA jumped 16 spots in the latest round of rankings by U.S. News & World Report, placing us in the nation's top 50 (and Chicago's top 3) part-time programs. Meanwhile, our graduate marketing program climbed six spots, while our graduate accounting program rose by three spots—placing both in the nation's top 25.
Everywhere you go—whether walking through the halls of Maguire or taking a cab to the airport—the Quinlan name can be seen and heard. As a result, we have received an onslaught of new media attention, not just at the local level but also on a national scale.
Indeed, the power of a naming gift far exceeds its monetary value. We are so thankful for Mr. Quinlan's generosity—as much as we are proud of our community—and we look forward to the year ahead.