September 11, 2008 3:42 pm

Stanford breaks ground on new campus

Stanford Graduate School of Business has broken ground on its new campus.

The 360,000 square-foot campus is due to be completed by 2011 and will cost at least $350m. Nike founder and chairman Philip Knight, and a 1962 MBA alumnus has given the school $105m towards the new building, which is to be named the Knight Management Center.

“My hope is that this new campus will enable future generations of students to have the life-changing experience I had at Stanford Business School,” says Mr Knight.

“If there was no Stanford Graduate School of Business there would be no Nike. The idea for a business really never took form until I took that small business management course. It was out of that I had the encouragement and enthusiasm to start Nike.”

The new campus will comprise eight buildings around three quadrangles and will include flexible classroom space and breakout rooms to accommodate the increase in classes and programmes in the school’s new MBA curriculum launched earlier this year.

The design aims to engage more students in cross-disciplinary experiences involving Stanford University’s schools of engineering, earth sciences, medicine, law, education and humanities and sciences.

“Leading universities of the 21st century need business schools that foster extraordinary intellectual innovation and collaboration,” says dean of Stanford GSB, Robert Joss.

“This new campus provides the physical infrastructure to enable that academic vision to come to life.”

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