Purdue’s next big move in a decadelong series of major strategic investments will honor a celebrated president who led transformative change during his tenure, as plans for the state-of-the-art Mitchell E. Daniels, Jr. School of Business were approved Feb. 3 by the university’s Board of Trustees. The reimagined Daniels School will prepare tomorrow’s leaders and entrepreneurs, grounding them in the hallmarks of a Purdue education, including STEM disciplines and business analytics.
“To be associated with any aspect of Purdue’s academic enterprise is an inestimable honor, but this one in particular touches me deeply,” said Daniels, Purdue’s 12th president, who retired from the role in December. “Practiced with integrity, business careers are the noblest of life choices; they create new jobs and wealth for others and bring into being the resources which the public and nonprofit sectors take to pursue their goals. This modernized School of Business will send out its graduates armed with a sense of mission and the tools to fulfill that mission in the most complex of enterprises.”
This announcement marks the first time Purdue’s business school will have a formal name. The board committed to retaining the Krannert name, long associated with the school’s graduate offerings since the naming began, for its graduate and executive degree programs within the newly named Daniels School.
Charting a new course for business education, the Daniels School will be marked by graduates who embody the values of wisdom and creativity, grounded in a firm grasp of today’s technologies and their likely evolution; who are aware of the history of progress that freedom of enterprise has created and continues to advance; and who are trained to lead and inspire others with strength and decisiveness. The reimagined Daniels School will instill these values and qualities, preparing each graduate as they leave Purdue to found and lead businesses and be the successful entrepreneurs and industry leaders of tomorrow.
The new name not only celebrates Daniels’ acclaimed tenure as Purdue president, but also his highly reputed business acumen in the private sector and as the 49th governor of Indiana.
“President Emeritus Mitch Daniels is regarded as the most innovative university president in America, and his private sector business leadership is as outstanding as his public service. It is truly fitting and exciting to place his name upon this impactful growth to the Purdue landscape,” said Mung Chiang, Purdue’s 13th president. “Through the launch of the Daniels School of Business, Purdue will have a world-class business school that carries out even more top-caliber research and educates many future leaders of a technology-driven, free market economy.”
Mike Berghoff, chair of Purdue’s Board of Trustees, said Purdue will invest a minimum of $100 million into the relaunch, along with a fundraising campaign of $200 million from loyal donors, underlining the determined commitment to making the Daniels School of Business one of the foremost business schools in the nation through new academic programs, innovative learning opportunities and top-notch faculty recruits.