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College of Business gets $1 million grant for markets information lab
Mark Reutter,
Business & Law Editor
217-333-0568; mreutter@illinois.edu
Released
12/18/06
CHAMPAIGN, Ill. —
The College of Business at the University of Illinois at Urbana-Champaign was awarded a $1 million
grant from the Chicago Mercantile Exchange (CME) Trust to support a
markets information laboratory.
The laboratory, to be housed in the Business Instructional Facility
under construction on the southwest corner of Gregory Drive and Fourth
Street in Champaign, will conduct research on financial risk and markets
and develop course work on the subject.
“The CME grant recognizes the high-quality education provided
by the college and the important role it plays in educating the next
generation of business professionals,” said Avijit Ghosh, the
dean of the college.
The four-year grant was part of $4.75 million awarded by the CME Trust
to five Illinois universities for education in financial markets. The
other recipients are DePaul University, Northwestern University Kellogg
School of Management, University of Chicago Graduate School of Business,
and the University of Illinois at Chicago.
