BERKELEY, Calif.--(BUSINESS WIRE)--The Haas School of Business, University of California, Berkeley, today announced that its top-ranked two-year undergraduate business program will expand to become a four-year program, supported by the largest single gift in the school’s history.
In recognition of the $30 million gift from Haas alumnus Warren “Ned” Spieker, BS 66, and his wife, Carol, BA 66 (political science), UC Berkeley will name the Haas School’s four-year undergraduate business program the Spieker Undergraduate Business Program. The first four-year cohort of students will enroll in August of 2024.
“A four-year undergraduate business experience will provide remarkable new opportunities for students,” said Ned Spieker, a Haas School Board member who is founder and former Chairman and CEO of Spieker Properties, one of the largest owner-operators of commercial property in the U.S. “My hope is that this gift will help build a program that’s second-to-none in the world, cementing Haas as the top undergraduate business school for generations to come.”
“This is a historic, game-changing investment in undergraduate business education,” said Berkeley Haas Dean Ann E. Harrison. “We are so thrilled that Ned and Carol have made a commitment to Haas toward building the next generation of business leaders.”
Historically, students have applied to the Berkeley Haas Undergraduate Program as sophomores and enrolled as juniors. Now, prospective Berkeley students will have the option to apply directly to Haas and enter as freshmen, giving them an additional two years for deeper learning, including career development, study abroad opportunities, entrepreneurship programs, capstone projects, mentorship engagements, and internships. While the majority of undergraduates will enter as freshmen in the future, continuing UC Berkeley and transfer students may continue to apply for acceptance to the program as sophomores.
The Spiekers’ gift will be used to deliver impact in five areas critical to supporting the program, including:
Endowing a new scholars program
The new Spieker Scholars Program will attract the best and brightest undergraduate students. These students have challenged themselves academically throughout their high school experience and demonstrated exceptional leadership skills through athletic and co-curricular pursuits, their commitment to creating a positive social impact in their communities, and their curiosity for learning outside of the traditional academic setting. Spieker Scholars, three to four chosen per class, will receive significant financial support and enrichment opportunities. In addition to the Spieker Scholars Program, this gift will fund an expansion of the scholarships available for students who may have financial barriers to attending UC Berkeley.
Building outreach and support
Outreach efforts will be expanded to ensure that high-performing students from all backgrounds consider Haas. A first-year academic advisor will work with admitted students, providing the knowledge and resources required to navigate the university system. Students will also have access to preparatory courses that will build their foundational knowledge around business concepts and strengthen their quantitative skills.
Creating a life-changing student experience
Haas will increase staffing for academic and admissions advising, mental health services and support, marketing and admissions, alumni outreach, and student orientation. These additional touchpoints will ensure that undergraduate students are maximizing their time within the ecosystem of Berkeley Haas and developing deep relationships with the alumni community.
Providing new co-curricular opportunities
Funds will be used to support student activities such as experiential learning workshops, international research, travel opportunities, social gatherings, student conferences and competitions, and additional leadership opportunities.
Enhancing classroom technology and infrastructure
To provide students a state-of-the-art learning experience, classrooms in Cheit Hall, where many undergraduate students take classes, will be upgraded with the latest audio, visual, and media equipment.
A crucial role in campus planning
Ned Spieker, who is also founder and chairman of Continuing Life communities, which operates large-scale communities for seniors in California, met his wife, Carol, at UC Berkeley. Their four children are Cal grads. Carol Spieker, an Emeritus Trustee of the UC Berkeley Foundation, has served on the governing board of Filoli, a National Historic Trust property, and as chairman of the board of Sacred Heart Schools.
For years, Ned Spieker has played a crucial role in Haas campus planning, convincing the administration of the importance of maximizing its campus footprint. Spieker served as a catalyst and champion for the construction of Haas’ newest building, Chou Hall. Recently, Spieker shifted his efforts to the undergraduate program.
The undergraduate program has added three multidisciplinary programs and one minor outside of the core program over the past several years. The new programs include:
- The Robinson Life Science, Business, and Entrepreneurship Program, a joint venture between the Department of Molecular and Cell Biology and Haas that allows students to earn a bachelor of science degree in business administration and a bachelor of arts degree in molecular and cell biology.
- The Global Management Program, a four-year international program that requires students to study abroad their first semester, fulfill a language requirement, and take specialized global business courses.
- The Management, Entrepreneurship & Technology (M.E.T.) program, a collaboration between Haas and the UC Berkeley College of Engineering that grants graduates two degrees in business and engineering in four years, with the goal of providing deep leadership and technology skills.
- The Summer Minor in Sustainable Business and Policy, a collaboration between Haas and the Department of Agricultural and Resource Economics that provides students with the skills needed for careers in business or government focused on sustainable business and policy.
The expanded four-year undergraduate program has also received a number of gifts from other generous supporters, which helped bring the total raised so far to more than $45 million (including the Spieker gift). Early supporters include Janelle Grimes, BA 86 (political science), and Michael Grimes, BS 87 (electrical engineering and computer science). Michael Grimes, the M.E.T. program’s founding donor, played an instrumental role by working with Berkeley Haas as a founder of the four-year undergraduate program. Additional program supporters include Steve Etter, BS 83, MBA 89; Maria and Gene Frantz, BS 88; Joanne and Jon Goldstein, BS 82; Melissa and Clif Marriott, BS 99; Adria and Brian Sheth; Roshni and Jagdeep Singh, MBA 90; and Melody and Jerry Weintraub, BS 80, MBA 88.
The Berkeley Haas Undergraduate Program was founded in 1898, the same year the business school (then called the College of Commerce) was established. As the second-oldest business school in the United States, Berkeley Haas provides research, thought leadership, and talent development to lead the way to a more inclusive and sustainable future.