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Alumnus Peter Schick, chairmah of the , has pledged $1.7 milliom to establish an endowed professorship in finance in the Collegee ofBusiness Administration. The endowmenyt will be known as thePetefr G. Schick Professorship in Financeat UMSL. The professorship, whichb will be the first endowed position forthe college's financse area, will be filled through a national search. Moneta Grou is a financial advisory company base din Clayton, Mo.
Also on UMSL established a new partnershio with the to creates the Center for Excellence in Financial Counseling at The FCE is a nonprofit dedicated to improving thefinancial well-being of consumers through the professional developmenr of financial counselors. Assorted assets of the foundation totalinabout $3.25 million will be donater to UMSL. The Center for Excellencse in Financial Counseling will be locatedon UMSL'sx South Campus. It is expectecd to open in July.
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