3
Daniels’ microfinance classnamed to
Forbes
list of mostinnovative business classes
The Deutsche Bank Microfinance Class at DU’sDaniels College of Business has been named to theForbes.com list of the 10 Most Innovative BusinessSchool Classes.The list includes courses from business schoolsaround the country that “appeal to a different kind of student — one who increasingly looks to do good while also doing well.”Students in the Daniels class work directly with managers from Deutsche Bank’s GlobalCommercial Microfinance Consortium to evaluateloan applications from microfinance institutions(MFIs). MFIs borrow from Deutsche Bank’s $80million fund and use the money to make small loans— some as low as $50 — to individuals and groupsin rural villages.“The idea of microfinance has been arounda while, but we’re now finding that larger financialinstitutions are getting involved, in addition to not- for-profits,” says Professor Mac Clouse, who teaches the course. “The idea is taking hold that you can earna rate of return as well as provide benefits to thepoor.”The Daniels-Deutsche Bank partnership wasestablished five years ago when Daniels Professor and Dean Emeritus Bruce Hutton was leading aninterterm course to New York. The group met with the director of Deutsche Bank’s microfinancedivision. The director was so impressed with the DUstudents and their questions that he invited Huttonand the University of Denver to join as the bank’sonly academic partner.The students in the class — which is cappedat around 20 graduate students — receive a set of loan applications from MFIs. Following a set of criteriaprovided by Deutsche Bank, the students research the applying organization, compile information about the economic and political environment in the region; talk to people from the finance, human resourcesand IT side of the MFI and examine past successes todetermine their suitability to receive a loan. After conducting initial research, the class then travels to the MFI’s location during spring break inorder to conduct on-site due diligence. Studentgroups have traveled to Cambodia, Uganda andKenya to meet the MFIs and visit local borrowers.“[Students] can see how microfinance canprovide a real benefit to the poor of society,” Clousesays. “You can make a difference by approaching aproblem from a business perspective.”
—Jordan Ames
W a y n eA r m s t r on g
University dedicates new Nagel Art Studios
The University of Denver celebrated its new center for drawing and painting with adedication ceremony Oct. 19 that drew around 300 people to the Ralph and Trish Nagel Art Studios, the new copper-plated structure located between the Shwayder Art Buildingand the Ritchie Center. Classes began there in September.Built along with the University of Denver Soccer Stadium and the Pat Bowlen TrainingCenter for DU’s athletic teams, the 12,500-square-foot structure features a large, openstudio area, high ceilings, concrete floors, movable walls and plenty of natural light.Equivalent in space to an entire floor in the Shwayder Art Building, the new studioalso frees up space in Shwayder for DU’s pioneering program in electronic media artsdesign (eMAD). The building’s third floor has been turned from a labyrinth of classroomsand hallways into a large open space with the latest in digital equipment.Chancellor Robert Coombe told those gathered at the ceremony that the art scenein Denver is “absolutely percolating,” citing recent developments at the Denver ArtMuseum, the Vance Kirkland Museum and the soon-to-be-built Clyfford Still Museum.“It is an extraordinary time, and our goal is to once again position the School of Art and Art History in the center of things for the sake of our students, for the sake of our faculty, for the sake of our community,” he said, referring to the time in the 1950sand 1960s when DU was the center of modern art in Colorado thanks to Kirkland, thepainter who was the director of the art school from the late 1920s until 1969.The studio is named for Ralph and Trish Nagel, who donated $2.3 million to theproject. Ralph Nagel also serves on the DU Board of Trustees.Trish Nagel said the purpose of the studio is to “provide a welcoming home for theart spirit and the students and professors who will do their work here.”
—Greg Glasgow
Search History:
Result 00 of 00
00 results for result for
p.
November 2010 Community News
Inside
*School renaming
*New art studios
*Animal abuse research
*Denver Pizza Company
*Pioneer hockey
*Alumna's rescue effort
*School renaming
*New art studios
*Animal abuse research
*Denver Pizza Company
*Pioneer hockey
*Alumna's rescue effort
3.0K
Reads
1
Readcasts
0
Embed Views
More From This User
Notes
Load more
