The gift from Bob, a 1983 marketing graduate from the University of Iowa, and Carol, an entrepreneur, establishes the Bob Stoops Business Faculty Fellow Program within the Michael F. Price College of Business. The program will assist untenured assistant professors in the college with their research into the areas of accounting, finance, management, management information systems and marketing and supply chain management.
"We all value exceptional faculty members," Coach Stoops said. "I had a number of good instructors during my time in the business school at Iowa and was unaware at that time that donors were contributing to the overall health of the university and my education," he said. "It is gratifying for Carol and me to help out in this way now. We hope that this program will ultimately benefit OU students. I appreciate Dean Evans and everyone who has worked so hard to build a great reputation for the Price College of Business."
OU President David L. Boren said, "The university is grateful for the generous gift to the Price College of Business made by Carol and Bob Stoops. Their strong support of OU's academic mission is a great source of encouragement and opportunity for faculty and students."
Awards in the Bob Stoops Business Faculty Fellow Program will be made to junior faculty who have demonstrated research promise and provided clear evidence of high-level research productivity potential. It will support untenured assistant professors in Price College and support their publication of research findings in professional journals.
"We are grateful for this generous gift from Bob and Carol Stoops," said Price College of Business Dean Kenneth Evans. "Their commitment to supporting faculty in the early stages of their career development is particularly vital to both faculty recruiting and retention efforts. Since my arrival at OU, I have been impressed with the collaboration between OU athletic programs and the campus academic community. The Bob Stoops Faculty Fellow Program will provide valuable resources to assist the college in addressing this priority."
Ranked in the top 5 percent of all U.S. undergraduate business schools based on recent ranking data, the Price College of Business is one of the nation's premier business colleges. This year, U.S. News & World Report ranks the college's International Business program 12th in the nation, the Management Information Systems program 17th in the nation and the Entrepreneurship program was ranked 8th in the nation by Entrepreneur magazine and The Princeton Review.