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CONTENTS
Dean's
Welcome
Astros
Owner Opens the Fall Season of Dean's Lectures
MBA
Students Lead MBA Jungle Portfolio Management Contest
Jones
Partners Golf Tournament
El
Paso Energy Donates $2.5 Million to the Jones School
Enron
and Lay Family Give $8 Million
Enthusiastic
Students Organize Student Clubs
Jones
School Welcomes Murray Weidenbaum as Visiting Scholar
Maya
Houston (MBA '99) Is New Director of Development
GWIB
Means Business: Rice Graduate Women in Business Off to a Strong
Start
Action
Learning Program
ExxonMobil
Donation to Benefit Academic Programs
Keep
Your Eye on the Rice Alliance
First
Annual MBA Marketing Case Competition Puts Jones School on the Map
David
Ikenberry: A Testament to Teaching Excellence
Jim
Turley, Chairman-Elect of Ernst&Young -- His Community Has Become
the Entire Globe
Diary
of an MBA: A First-Year Student Writes Journal for Business Week
Jones
School Receives Brillante Award
Faculty
News
Alumni
Association President's Letter
Class
Notes
Annual
Alumni Career Forum
Please send
comments to:
Deanna Sheaffer, Editor
Director of Alumni Affairs
Jones School of Management - MS 531 Rice University
P.O. Box 1892
Houston TX 77251-1892
e-mail:JGSalum@rice.edu
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El Paso Energy Donates $2.5 Million to the Jones School
– By Debra Thomas, Director of Public Relations
El Paso Energy Foundation, the philanthropic arm of El Paso Energy
Corporation (NYSE:EPG), donated $2.5 million for a state-of-the
art trading room and an endowment for annual scholarships.
The grant will support curricular development and research in options
theory, trading of energy related commodities, bandwidth, and financial
instruments involving stocks, bonds, and various other commodities.
The Jones School has added a number of courses on energy derivatives
in both its regular MBA and MBA for Executives programs. Two million
dollars will be used to assist in the construction, furnishing,
and ongoing operation and maintenance of a trading room in the new
Jones School building. The 167,000 square-foot, $60-million building
is scheduled to be completed in July 2002.
The remaining $500,000 will fund two-year, partial-tuition scholarships
for four or five students annually who will be known as El Paso
Energy Scholars. The first El Paso Energy Scholars will enter the
Jones School in the fall of 2001.
“El Paso Energy is pleased to contribute to the Jones School’s
ongoing growth and success,” said William A. Wise, president and
chief executive officer of El Paso Energy. “We seek to broaden and
deepen our partnership with the Jones School, whose faculty and
alumni have made a significant impact, both in our industry and
throughout the business world, as well as in our own organization.”
Wise expressed particular interest in expanding executive involvement
with the Jones School, including the design of course curriculum
and related operation of the trading room. “Hands-on experience
in the highly complex world of options theory trading will increase
the pool of qualified candidates for El Paso Energy’s recruiting
efforts,” noted Wise. The program will also offer El Paso Energy
employees who meet Jones School admissions standards the opportunity
to take leave from El Paso Energy to attend the school in the regular
MBA or the MBA for Executives programs. In addition, the Jones School
will also work with El Paso Energy to develop non-degree programs
for El Paso Energy employees.
“This gift is important not only for the dollars but also for the
partnership leverage it provides,” said Gil Whitaker, dean of the
Jones School. “The trading room will provide opportunities for mutual
learning as faculty and students work with El Paso Energy and other
executives to explore the complex world of trading and the analytical
tools of finance. We are deeply appreciative of the generosity of
El Paso Energy.”
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