Hess Corporation Supports Business Education at SJU
Wednesday, January 21, 2009
PHILADELPHIA (January 21, 2009) – Hess Corporation recently donated $25,000 to Saint Joseph's University to support student scholarships and the Erivan K. Haub School of Business' annual business policy competition.
Hess Corporation, a global integrated energy company, works closely with the Career Development Center (CDC) at Saint Joseph's to recruit students for internships and jobs. "About three years into the relationship, we became one of their preferred target schools for their retail business," says Matthew Brink, director of the CDC.
According to Brink, Hess has had very good success in hiring Saint Joseph's graduates for their management training program. "It's rewarding to know that our graduates are so impressive that organizations are moved to support Saint Joseph's in this very generous way," he says.
As part of the donation, $5,000 scholarships will be awarded to three undergraduate business school students. The Haub School's annual business policy competition, offered at the end of each fall and spring semester, will benefit from $10,000.
Business policy is a course where students divide into teams of four or five and delve into various businesses and organizations to develop strategic plans for them. The teams then present the plans to their classmates and instructors at the semester's end. The best plan from each of the course's six sections advances to the business policy competition where an executive panel judges them on the content of the plans and the quality of the presentations.
According to Marcel White '07, division director of human resources for Hess' retail marketing business and a Saint Joseph's E.M.B.A. alumnus, the business policy competition is another example of Saint Joseph's commitment to preparing students for success in the business world.
"Saint Joseph's students benefit from the effectiveness of the management training program, which in turn benefits companies like Hess as we look to build a strong team," White says. "We're pleased to support Saint Joseph's business policy competition and to offer scholarships to deserving students."