Repository: UIHistories Project: Board of Trustees Minutes - 1994 [PAGE 593]

EXTRACTED TEXT FROM PAGE:

1996]

UNIVERSITY OF ILLINOIS

581

The firms' hourly rate schedules have been filed with the secretary of the board for recorct

On motion of Ms. Reese, this recommendation was approved by the following vote: Aye, Mrs. Calder, Mr. Engelbrecht, Dr. Gindorf, Mrs. Gravenhorst, Mr. Lamont, Ms. Lopez, Mrs. O'Malley, Ms. Reese; no, none; absent, Dr. Bacon, Governor Edgar. (The student advisory vote was: Mr. Malone, Mr. Mathew, Mr. Rose; no, none.). Purchases

(22) The president submitted, with his concurrence, a list of purchases recommended by the directors of purchases and the vice president for business and finance. The purchases were presented in two categories: purchases from appropriated funds (i.e., from State appropriations to the University); and purchases from institutional funds. The latter term designates funds received by the University under contracts with the United States government, private corporations, and other organizations; grants from foundations, corporations, and other donors; and University revolving funds authorized by law. The total amounts of these purchases were: From Appropriated Funds Recommended From Institutional Funds Recommended Grand Total $ 699 750

7 318 598 $ 8 018 348

A complete list of the purchases, with supporting information (including the quotations received), was sent to each member of the board in advance of the meeting. A copy is being filed with the secretary of the board for record.

On motion of Ms. Reese, the purchases recommended were authorized by the following vote: Aye, Mrs. Calder, Mr. Engelbrecht, Dr. Gindorf, Mrs. Gravenhorst, Mr. Lamont, Ms. Lopez, Mrs. O'Malley, Ms. Reese; no, none; absent, Dr. Bacon, Governor Edgar. (The student advisory vote was: Aye, Mr. Malone, Mr. Mathew, Mr. Rose; no, none.) President's Report on Actions of the Senate Revision of the Master of Business Administration Program, College of Commerce and Business Administration, Urbana

(23) The chancellor at Urbana, upon the recommendation of the Urbana-Champaign Senate, has approved a proposal from the College of Commerce and Business Administration to revise the program leading to the Master of Business Administration (MBA). The revised MBA program offers a new approach to MBA education. Features include an all-new integrated curriculum in the first year, designed to achieve specific learning objectives; a second-year curriculum organized into professional tracks that seek to improve students' preparation for professional careers; and, improved program support which will enhance the quality of the educational experience. Resources required for the proposed changes will be paid from increased student tuition and fees that have already been approved by the Board of Trustees.