UTSA receives $2 million gift to expand international partnerships
(Aug. 19, 2003)--The University of Texas at San Antonio announced Friday a $2 million gift from Richard Liu, the chairman of Superior Holdings Limited of Hong Kong. The gift will be used to further expand the Liu's Family Foundation U.S.-China Business Education Initiative that Liu established in 1998 with a $1 million contribution.
Pictured are (top) Richard Liu with Liu Fellows, (center) UTSA President Ricardo Romo presenting a special UTSA flag to Liu and (bottom) Bexar County Judge Nelson Wolff visiting with Liu at the reception following the gift presentation. Liu Fellows study for one semester at UTSA, enrolling in nine hours of business coursework and participating in a weekly cultural enrichment course. The curriculum is enhanced by cultural activities, business site visits and instructional seminars.
"UTSA is proud to continue this long-standing partnership with Richard Liu," said Romo. "His gift will expand international educational opportunities in the College of Business, as well as enhance the academic programs that we offer our students. His support also enables UTSA to move closer to our goal of becoming a premier research university."
"The College of Business considers this program one of our highest academic accomplishments," said Dean Bruce Bublitz. "Our five-year partnership with Mr. Liu has raised the college's international profile. His first gift has allowed the college to build culturally enriching partnerships with educational institutions, faculty, students and businesses in China, and now with this latest gift, we will be able to expand the program even more."
Key components of the Liu's Family Foundation U.S.-China Business Education Initiative include graduate student and faculty exchanges, executive educational opportunities, research collaboration and joint programs between the College of Business and top universities in China.
Academic partnerships have been established with Fudan University, Shanghai Jiao Tong University and Tongji University, all in Shanghai, and Renmin University and the University of International Business and Economics in Beijing. An executive education component was added to the Liu's Family Foundation program in 2002. Six Chinese executives representing a diverse array of businesses were chosen by the Shanghai Municipal Bureau of Personnel to participate in the program.
The executives spend one semester studying in the college's Executive M.B.A. program. In addition to the academic experiences, the executives learn about American business by joining professional organizations in San Antonio in their areas of expertise. Since the program's inception, 48 graduate fellows, six executive fellows and two scholars have visited UTSA.
"I have been thoroughly pleased with the Liu's Family Foundation U.S.-China Education Initiative in the UTSA College of Business," said Liu, who also supports programs at the University of California, Berkeley. "This latest gift will allow even more students to explore the international business arena. I want to help a new generation of business students in the United States and China realize their dreams."
A native of Taiwan, Liu received his undergraduate degree in business administration from the National Taiwan University. Unable at that time to afford the costs of graduate study abroad, he launched his business career with much of his earliest successes occurring in Texas.
Liu's company, Superior Holdings Limited, is an international conglomerate with business endeavors around the world.
The UTSA College of Business is accredited by AACSB International, The Association to Advance Collegiate Schools of Business. It is one of the 40 largest business schools in the nation with more than 5,100 enrolled students and 37 different graduate and undergraduate business programs.
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© The University of Texas at San Antonio, 2003