Repository: UIHistories Project: Board of Trustees Minutes - 1958 [PAGE 1198]

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1958]

U N I V E R S I T Y OF I L L I N O I S

1195

program would be subject to further consideration by the Board later. The Dean of the College has submitted a recommendation that the Executive Development Center be established on a permanent basis as an organizational unit within the College of Commerce and Business Administration according to the following plan: Organization. T h e Executive Development Center will be a unit of the College of Commerce and Business Administration, with full responsibility for the development, organization, and administration of executive training and executive development programs, subject to the usual University review with regard to educational and fiscal policy and operations. The courses offered will not count for credit toward University of Illinois degrees. The Executive Development Center will be under a Director responsible to the Dean of the College. The Director will be appointed biennially on an eleven months (BY tenure) contract. It is expected that the Director will also qualify for appointment as Professor of Business Administration. T h e Executive Development Center will use faculty members from departments and bureaus of the College of Commerce and Business Administration, with suitable adjustment within normal University budgetary provisions, but as a general policy they will not be given full-time assignments in the Program. Operation. The key problem of staffing an executive development program is that of providing teaching personnel with the maturity, vision, and understanding of practical business that enable them to assist men of business who look to the College of Commerce and Business Administration for knowledge of newer and better business methods. It is expected that teachers thus qualified will come from three sources. The College of Commerce and Business Administration is staffed with senior professors who can make outstanding contributions to the Program. Outstanding men in other universities will be engaged for special assignments. Leading businessmen will be brought in to discuss their problems and their methods with the executives enrolled in the Program. Development. T h e College inaugurated the Executive Development Program in the summer of 1957 on a one-year trial basis. Although the number of participants was small there is reason to believe that the Program was successful. Establishment on a permanent basis will permit development until the Program can be offered three times each year. A forty-man Advisory Council of leading businessmen has been working with the College staff on the development of the Program. Budget. It is proposed that the Executive Development Program be carried forward on a self-sustaining basis. A revolving fund has been established for the Program in the University Business Office. Collection of tuition, fees, and gifts to the Program are deposited in this fund, out of which the expenses of the Program are paid. In the first year or two it may be necessary lo seek some aid toward financing the salary of the Director, but it is expected that this will be on a temporary basis. A detailed budget will be submitted each year to the Vice-President and Provost and to the Vice-President and Comptroller for their review. I concur in these recommendations.

On motion of Mr. Johnston, these recommendations were approved.

EXPANSION OF UNDERGRADUATE SCHOLARSHIP PROGRAM (8) The University Committee on Undergraduate Scholarships has been studying the question of what constitutes a suitable program of undergraduate scholarships at the University of Illinois, in terms of present and future needs. The purpose of a scholarship program is to serve superior students requiring financial aid, a large group among those who rank in the upper 25 per cent of their high school graduating classes and who do not now go to college. Reconsideration of the University's scholarship structure is timely because the expense °f a college education has increased steadily in recent years, partly through increased tuition charges but chiefly through increased costs of living. It is estimated that a student who is a resident of Illinois will need approximately WAS0 to meet all expenses for two semesters of attendance at the University