Brooklyn College School of Business to be Named for Philanthropist Murray Koppelman '57

Koppelman's $8.5 million gift will support the establishment of the only accredited school of business in Brooklyn.

Jul 09, 2015, 08:00 ET from Brooklyn College

BROOKLYN, N.Y., July 9, 2015 /PRNewswire-USNewswire/ -- In recognition of over $15 million mobilized to support Brooklyn College's School of Business, CUNY trustees have approved the naming of the school in honor of prominent philanthropist Murray Koppelman '57. The funds raised will advance accreditation and enhance excellence. When the process is complete, the Koppelman School will be the only accredited school of business in the borough and will provide affordable access to strong degree programs that prepare students for successful careers in the growing global economy.

"Murray Koppelman has remained a longtime friend and active supporter of the college. He is keenly aware of the importance of our mission to provide academic rigor while ensuring access for deserving students," says Brooklyn College President Karen L. Gould.

"Accreditation will help us to expand opportunities for our students and support faculty who are leaders in their fields," says Willie Hopkins, the school's founding dean.

The gift will support faculty research, workshops by visiting scholars and financial industry professionals, and provide state-of-the art resources for students.

"I really care about all of the students who want to get a degree in business and are struggling in life, like I did," says Koppelman.

Raised in Borough Park, Brooklyn, Koppelman entered Brooklyn College after serving in the U.S. Army in the Korean War and received a bachelor's degree in accounting, cum laude. He quickly rose in the fields of finance and banking, serving as managing partner of an accounting firm from 1961-1968 and then as an executive vice-president and chief operating officer of D.H. Blair and Co., Inc for close to 20 years. He then became president and chief executive officer of the Manhattan-based banking firm Eastlake Securities, Inc. In 2005, Koppelman became the vice president for private client services at J.P. Morgan.

Koppelman's $8.5 million gift comes on the heels of previous gifts to the College, for a total of $12.5 million. His generosity inspired an additional $2.5 million in gifts from members of the Brooklyn College Foundation Board of Trustees in his honor, for a total of $15 million in new support for the Koppelman School of Business. Read more

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SOURCE Brooklyn College