The University of Tennessee at Chattanooga recognized donors Renée Haugerud and her husband John H. Murphy for their $1.5 million project development gift, which offers a bold, transformational opportunity for the UTC College of Business to develop The Renée Haugerud and John H. Murphy Global Finance Center.

“We are very thankful to Renée and Murph for their vision and their generous gift,” said Chancellor Roger Brown.  “Their support of business and football will directly enhance opportunities for students in these programs.”

This center will be a destination for business students everywhere, particularly female business students, to prepare them for the finance industry with specific coursework.  Offering new and unique programs with a focus on globalization, global finance, ethics and brain chemistry, the center will offer women the foundation for a successful career in finance and business and ultimately, cultivate essential life skills.  UTC’s College of Business is already nationally recognized for providing exceptional opportunities for women and this support will allow the University to build upon this success.

Brainstorming has begun on a financial live trading facility where investments, speculative markets, securities analysis courses and more will be available.   This facility will offer students the same tools and information used by finance professionals, such as technology to access financial databases to give users access to real-time data from global markets.

Annually, more than 1,900 students from all business majors at the undergraduate and graduate levels will have an opportunity to use the global financial center.  That number could be expanded through non-credit courses, public lectures and other educational opportunities.

Haugerud’s and Murphy’s gift totals $2 million for the University.  In addition to the $1.5 million the couple donated to UTC’s College of Business, they have also given $500,000 to the Mocs’ football program.

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