January 29, 2014

$5 Million Gift to Fund Professorship at Cornell Tech

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A $5 million gift from the Dyson Foundation will establish a founding faculty chair for Cornell Tech’s new MBA program, one of the first steps in staffing the program that will be offered by the Samuel Curtis Johnson Graduate School of Management, according to a University press release.

The gift will create a single endowed faculty position, according to Johnson officials. Once hired, the professor will engage in both teaching and research at the tech campus.

Chairman and CEO of the Dyson-Kissner-Moran Corporation, Rob Dyson MBA ’74, trustee emeritus, recommended that the gift be made, adding that he wanted to help the business school become a leader in preparing graduates “to succeed in technology- and entrepreneurship-focused businesses.”

“Cornell Tech is a logical outreach for a great university like Cornell and its world-class business school. It’s a statement of commitment that Johnson is creating a presence in the most important metropolitan area for business in the U.S. and, arguably, the world,” Dyson said in a University press release.

Soumitra Dutta, the Anne and Elmer Lindseth dean of Johnson, said the gift “comes at a key moment” and will allow for the MBA program to build up its faculty presence in New York City.

“This chaired professorship will allow us to attract top-quality faculty to our programs at Cornell Tech and to help ensure their success,” Dutta said in a University press release.

The Johnson school is currently searching for additional faculty members for the MBA program, according to Johnson officials.

The yearlong program offered by the Samuel Curtis Johnson Graduate School of Management will begin in May and will initially consist of approximately 35 to 40 students, The Sun previously reported. In addition, students partaking in the program will spend a summer in Ithaca before moving to the tech campus for the fall and spring semesters.