Michael F. Price Hall

Michael F. Price Hall which houses major programs in the field of business education was completed in 2005. The Hall honors Michael F. Price who made the lead gift which made possible its construction. Mr. Price graduated from the College of Business Administration in 1973. In 1997 the College of Business Administration was named the Michael F. Price College of Business in recognition of the many ways in which he has contributed to the progress and excellence of the college. In that year Mr. Price made the largest single gift to any public university in the United States endowing faculty positions, student scholarships, and new programs in business at the University of Oklahoma. , After his graduation from the University of Oklahoma, Michael Price joined Max L. Heine as a research assistant for Heine Securities Corporation in New York City. By 1982 he had become his partner. After Heine's death in 1988, Price purchased the company. Recognized as a global expert in value investing, he grew the value of mutual funds under his management from an original $5000 to over $17 billion before selling the company to Franklin Securities in 1996. He has been featured on the cover of Fortune Magazine and included in the list of Time Magazine's 25 most influential people in America. , Price has given of his time as well as of his means to the university. He is a frequent visiting instructor in the business investment class. He helped launch the Student Investment Class with a $100,000 gift to enable students to have the experience of managing their own funds. , The teaching of business has a long and interesting history at the University of Oklahoma. The first courses in business economics were taught in 1913 by Arthur Barto Adams. In 1917 Adams led the effort to create the School of Public and Private Business. In 1923 the School was elevated to full independent College status. Adams was the first dean of the College of Business Administration. He remained as dean until 1948 and as a Regent's professor until 1957. , The University of Oklahoma has a well established record of excellence in business education and ranks in the top ten universities in the nation in the number of executives of major U S. corporations which it has trained.