2020 - 2021 IMPACT REPORT Prepared for Mrs. Jane Buchan
THANK YOU
You are making a difference.
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PHILANTHROPY WITH PURPOSE At The Paul Merage School of Business, we are committed to providing support for our diverse student body to ensure that the best and brightest receive a top-tier education, regardless of wealth or background. We are fortunate to benefit from the generosity of our alumni and community members whose dedication to our student body serve as a philanthropic priority. This investment has opened doors for students with new scholarship access, unlocked innovative research opportunities, and continued to build lasting relationships throughout the Orange County community and beyond. We are training the next generation of leaders in a digitally driven world and challenging them to create a brilliant future. Thank you for your unwavering support that continues to inspire and impact students both at the undergraduate and graduate levels. Because of you, they are becoming the leaders of tomorrow.
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LEADERSHIP FOR A DIGITALLY DRIVEN WORLD
As a top research institution, UCI is recognized nationally and internationally for its schools, including The Paul Merage School of Business, which offers a collaborative and innovative learning environment that challenges students to think creatively, anticipate change and lead strategic growth in a competitive, technology-intensive global economy. Our world-class faculty and staff thrive on that success. With rigorous coursework that includes a pronounced emphasis on technological leadership, an engaged and impressive alumni network and a global business focus, the Merage School experience is at the forefront of business education.
#8
#3
IN THE WORLD FOR PERCENTAGE OF FEMALE STUDENTS (Financial Times, 2021)
FULL-TIME MBA AMONG PUBLIC INSTITUTIONS (Financial Times, 2021)
#8 4
EXECUTIVE MBA AMONG U.S. BASED SCHOOLS (Financial Times, 2020)
Graduate Programs The Merage School offers education inside and outside of the classroom that prepares students for leadership in a digitally driven world. A combination of experiential learning, expert faculty, powerful networks of students, alumni and business communities create an atmosphere to enrich students’ careers upon obtaining their degree.
The Merage School reaches gender parity in Master’s Programs: 50% of students are women.
The MBA for Executives (EMBA) program ranked as the #1 EMBA program in Southern California.
(Financial Times, 2020)
The Fully Employed MBA program set a record enrollment with 129 students joining in Fall 2020 - the largest class in 17 years.
Undergraduate Programs PhD Programs
Business leaders make decisions that are more complex than ever before requiring them to understand the full scope of an organization and its potential in a global economy. At the Merage School, undergraduate students explore theories and concepts of effective business management that can apply in a wide variety of careers. Our team-based program provides essential leadership skills for a global market.
13,000+ applications for Fall 2020
The Doctor of Philosophy in Management prepares students for a career in teaching and scholarly research at the university level. This full-time program emphasizes a strong foundation in both methodological and theoretical training. Highly individualized, the doctoral program allows students to pursue their own areas of interest. Candidates are expected to work closely with the Merage School faculty members.
37% Low Income 15 % Underrepresented Minority Groups
60 %
46% First Generation Students 10% International Students
Female Students
52% Female Students
70 %
International Students
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DENTS FROM THE FIRST HORT ATTENDED COLLEGE
CENTER FOR INVESTM AND PA
Mission: To provide financial e
The Center for Investment and Wealth Management (CIWM) began its inaugural year in 2006 and has provided financial literacy education to more than
55,000 individuals Pacific Life LIFEvest Financial Literacy Program
OVER
400
STUDENTS DIRECTLY IMPACTED
The Pacific Life LIFEvest Financial Literacy Program is dedicated to assisting underserved 9th and 10th graders from Southern California. Designed for high school students who have the potential to be a first generation college student, the Center for Investment and Wealth Management stregthens their knowledge of financial concepts, exposes students to a college campus and encourages participants to attend college. In fall 2020, CIWM held it first-ever virtual LIFEvest program. During this remote delivery, over high schoolers participated - all having the potential to be first-generation college students.
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MY DAUGHTER, RAQUEL ORNELAS, PARTICIPATED IN LIFEVEST ABOUT FOUR YEARS AGO. SINCE THEN, RAQUEL HAS BEEN AWARDED A FOUR-YEAR SCHOLARSHIP FOR OVER $200,000! SHE STILL REMEMBERS THE PROGRAM AND WILL TALK ABOUT IT TO FRIENDS FROM TIME TO TIME. I BELIEVE THAT THIS IS A GREAT COURSE FOR TEENAGERS. -JUANA, RACQUEL’S MOTHER
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i
CI C
MENT AND WEALTH MANAGMENT AAMCO FACULTY EXCELLENCE FUND
education to individuals across all socio-economic backgrounds
2021: Clayton State’s College of Business,
in Atlanta, Georgia, offers LIFEvest Financial Literacy Program for high school students. IWM’s newest partnership with Clayton State College now brings underrepresented 9th and 10th graders to campus
10,000
Over viewers have participated in economic forecasts, women’s financial planning workshops, and many other community outreach events, including those with W.I.S.E
PAAMCO Faculty Excellence Fund In 2011, the PAAMCO Faculty Excellene Fund was established at The Paul Merage School of Business. This current use fund’s purpose was to support to faculty members specializing in the area of finance. At the Merage School, we not only provide students with a wide base of financial knowledge, we assist them in developing new skills to unlock the potential of finance in the digital world. To support this broad objective, the Merage School’s faculty are renowned for their expertise in investments, money management, behavioral finance, risk management and financial economic theory. “I am passionate about finance. If you asked me my long-term goal, it is very simple: I want to share financial literacy with as many people as possible. There is such a need for this at all levels of society and I’d like to find a way for us to reach a broader audience.” - Christopher Schwarz, Associate Professor of Finance, Faculty Director of Center for Investment and Wealth Management
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#
IN THE WORLD FOR PERCENTAGE OF FEMALE FACULTY Financial Times, 2021 7
100 + H
JANE BUCHAN AND PAAMCO’S CHARITABLE CONTRIBUTIONS TO THE MERAGE SCHOOL
$977,500
Merage School Building Fund
100+H 100+H
$501,000
$535,000
100 + H
$12,000
PAAMCO Faculty Excellence Fund in Finance
The Center for Digital Transformation
$5,000
The Center for Investment & Wealth Management & LIFEvest Financial Literacy Program
$60,000
Merage School Corporate Partners
The Beall Center for Innovation and Entrepreneurship
Cumulative Commitments to the Merage School
$2,090,500 8
THE MERAGE SCHOOL STATE OF ENDOWMENT $29,602,006
Growth, Market Value and Breakdown As of March 2021 $35,000,000
$29,602,006
$30,000,000 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2007
2006
2005
2004
2003
2002
2001
2000
$0
23+40+289D Research 9%
Department Support 23%
Student Support 28%
Chairs 40%
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LOOKING AHEAD The Paul Merage School of Business is grateful for the generosity of staff, alumni and community members as we continue to support our student body at the highest level possible. During the course of our comprehensive capital campaign, Brilliant Future, UCI seeks to increase its philanthropic gifts through private resources. An investment in the Merage School is an investment in the future of your community. Your commitment and your generosity ensures our three campaign priorities are achieved.
Access
Scholarships and Fellowships
Innovation
Faculty and Student Research
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Legacy
Leave your legacy for the next generation
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