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RESEARCH
Business
Industry
EDUCATION
Grateful alumnus behind gift to unique cross-disciplinary program
Mark
Reutter, Business Editor
(217) 333-0568; mreutter@uiuc.edu
11/1/2001
CHAMPAIGN, Ill. Alan M. Hallene learned the hard way how to combine
business and engineering as he built the Montgomery Elevator Co. into
the largest escalator manufacturer in North America.
"I had to learn accounting principles, how to control inventory
and how to handle marketing expense at the same time I was involved
in the technical side of engineering escalators and elevators,"
Hallene said. "It was quite a challenge."
To give UI students a head start on similar challenges, Hallene recently
arranged funding for a major expansion of the pioneering Technology
and Management Program at the University of Illinois.
The program, believed to be the nation's first interdisciplinary program
for undergraduate students, enables engineering and business students
to learn together through joint classes and to work side-by-side on
team projects.
The John D. and Catherine T. MacArthur Foundation gave $1 million in
Hallene's name to endow a master's degree program in technology and
management. The gift was made in recognition of Hallene's long service
as a member of the MacArthur Foundation's board of directors.
Hallene said the UI program serves a vital need in todays business.
"Even more than when I was young, corporations have a pressing
need for managers who understand and communicate effectively in the
language of both business and engineering."
The master's degree curricula will build on the multidisciplinary approach
of the undergraduate program, which is taught by faculty members in
the College of Engineering and College of Commerce and Business Administration.
Currently students are admitted to the program in their junior year.
Engineering majors study fundamentals of accounting, corporate finance
and principles of marketing, while business majors take courses in materials
science, mechanics and introduction to electrical and computer engineering.
Following these courses, the students jointly take classes in strategy
management of innovation, business process modeling, new product development
and undertake a team project.
The master's program will provide intensive joint training, with students
doing projects underwritten by industrial sponsors. Hallene said he
expects the master's program to expose students to "real-world"
problems and include workshops and lectures "conducted by industry
people who come to campus and teach from their own work experience."
Hallene graduated from the university in 1951 with a bachelor of science
degree in mechanical engineering. When he started at Montgomery Elevator
in 1953, the company had annual sales of $3 million. When he retired
as president in 1994, its annual sales were more than $500 million.
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