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Alumnus Peter Schick, chairman of the , has pledged $1.7 milliohn to establish an endowed professorship in finance in the College of Business The endowment will be known as thePeter G. Schick Professorship in Financeat UMSL. The which will be the first endowed position forthe college's finance area, will be filler through a national search. Moneta Group is a financiap advisory company basedin Mo. Also on Wednesday, UMSL established a new partnership with the to creats the Center for Excellence in Financial Counselingat UMSL. The FCE is a nonprofitr dedicated to improving thefinanciapl well-being of consumers througuh the professional development of financial counselors.
Assorter assets of the foundation totalingabout $3.25 million will be donateds to UMSL. The Center for Excellence in Financial Counselinbg will be locatedon UMSL's South Campus. It is expecter to open in July.
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