Francis J. Noonan School of Business, focusing on experiential learning, rooted in Catholic social teaching, to open fall 2018
DUBUQUE, Iowa — Already known for its legacy of successful, community-driven leaders, Loras College, Iowa’s first college and the second oldest Catholic college west of the Mississippi, announces the launch of the Francis J. Noonan School of Business. The College is now accepting students for the fall 2018 semester. The Noonan School’s mission is to educate students to be ethically-aware, data-informed, globally-prepared, responsible leaders.
“The addition of the Noonan School of Business will offer students new learning opportunities and meet the critical need in society to have well-formed, ethical leaders in business and related fields,” Jim Collins, president of Loras College, said.
The school is named after the late Francis J. Noonan, a 43-year member of the Loras faculty, retiring in 1991 as professor emeritus. Professor Noonan remains the longest-serving business faculty member and continues to hold a much beloved status among Loras alumni, faculty, and staff.
The Noonan School will focus on preparing students to utilize data to inform business practices that — combined with strong ethics grounded in Catholic social teaching — will likely become a nationally-recognized destination for future business leaders, by serving as a light of “insight with integrity” in the global business world. Students will not only learn best business practices, but also ethical decision-making, while recognizing human dignity and the impact of policy and procedures, and ultimately contributing to the common good.
The Noonan School will also embrace Loras College’s tradition of experiential learning, preparing students for a rewarding first job and a successful career through participation in opportunities such as internships, study away opportunities, community-based learning, and immersive service-learning courses/experiences. These experiences, along with unique competencies gained from a business education integrated with interdisciplinary learning, will give students the competitive edge to navigate businesses through complex markets.
During Loras’ historic $106,000,000 Inspiring Lives and Leadership campaign, the concept and foundational components needed to advance the School of Business garnered more than $10 million in commitments. Several outcomes were achieved as a by-product of this effort to include:
- Keane Hall renovation to house new business faculty offices, seminar space and classrooms
- Andrew P. Studdert Endowed Chair for Crisis and Ethical Leadership
- Analytics initiative to include new faculty lines, an MBA program, certificate program and undergraduate major
- Faculty development opportunities to include engagements at Catholic University and the University of Portland
- Common book reading and Business Case Study competition aligned with Catholic social teaching
- Business speaker series and student scholarships
In recent months, a couple whose generosity and longstanding love for Loras have been unfailing, stepped forward to provide a $5 million endowed contribution to establish funding for the Dean of the School of Business and the corresponding operational expenses. At their suggestion and with the unanimous affirmative vote from the Loras College Board of Regents, it was decided to name the School for Francis J. Noonan.
The existing, and increasingly popular, Loras College Executive MBA in Analytics will remain as a key component of the Noonan School. Immediate future plans include the construction of a state-of-the-art Finance Resource Lab that will include high-tech software and hands-on stock market investment learning opportunities. Additional offerings currently being explored include the development of a Certified Financial Planning certificate program, entrepreneurial courses, and expanded internship and study away opportunities.
Thanks to the anonymous donation, the Francis J. Noonan School of Business will immediately commence a nationwide search for an experienced, inspired dean who aspires to uphold and advance the mission of the Noonan School. Individuals interested in the position may contact Troy Wright, director of human resources, at email@example.com.
Francis J. Noonan School of Business Mission Statement
The Francis J. Noonan School of Business at Loras College inspired by Catholic intellectual and social tradition, educates students to be ethically-aware, data-informed, globally-prepared, responsible leaders.
The Noonan School of Business will become a nationally-recognized destination for future business leaders, by serving as a light of “insight with integrity” in the global business world.
Our faculty and students will skillfully navigate businesses through complex market obstacles, benefiting from our distinct perspectives.
Biography of Francis J. Noonan
Professor Francis J. Noonan (‘42) served on the staff of Loras College as professor of economics and business for 43 years, retiring in 1991 as professor emeritus. He also served as chairman of the Loras College business and economics department and as chairman of Faculty Senate. Frank remembered Loras in his will and many students have benefitted from the Francis J. Noonan Family Scholarship. Noonan is a member of the Loras College Athletic Hall of Fame and served on the Loras College Hall of Fame Committee.
A veteran of World War II, he retired as a Navy commander and later served as commander of the Dubuque Naval Reserve Unit. Frank was a member of St. Anthony’s Parish, Dubuque, Iowa. He was a member of St. Anthony’s School Board, the Dubuque Community School Board, St. Anthony’s Parish Council, St. Vincent de Paul Society, Dubuque Kiwanis Club, Dubuque Council 510 Knights of Columbus, an eight-year Holy Name baseball coach at St. Anthony’s.
ABOUT LORAS COLLEGE
Loras leverages its historic roots as Iowa’s first college, the second oldest Catholic college west of the Mississippi River and one of the nation’s 10 diocesan institutions to deliver challenging, life-changing experiences as part of its residential, Catholic setting. Loras ranks among 450 NCAA Division III athletic programs in Learfield Sports Directors’ Cup standings, 11th out of the Top 100 baccalaureate colleges, according to the 2016 Washington Monthly College Rankings, 13th Best Regional College, according to Midwest U.S. News Best Colleges and is among the 200 Best-Loved Colleges in the nation, according to Forbes Magazine.