TU Renames Business College to Honor Collins

Friday, May 16, 2008

The University of Tulsa has renamed its business college as the Collins College of Business to honor the vision and leadership of Tulsa businessman Fulton Collins, who has chaired the TU Board of Trustees since 1997.

The University of Tulsa has renamed its business college as the Collins College of Business to honor the vision and leadership of Tulsa businessman Fulton Collins, who has chaired the TU Board of Trustees since 1997.

TU President Steadman Upham made the surprise announcement during the University’s spring 2008 commencement ceremony held May 10 at the Donald W. Reynolds Center. Collins received an honorary Doctorate of Business during the event, where it was announced Collins was the first person to receive a diploma from the newly renamed business college.

During Collins’ term as chairman, TU has doubled its endowment, doubled the value of its land and buildings, doubled its externally sponsored research funding and more than doubled applications for undergraduate admission. In that time, TU has built 1.2 million square feet of facilities, has secured permanent endowment funding for 34 faculty positions, and has increased annual student scholarship support by more than $12 million.

“Fulton Collins has been at the center of TU’s dramatic progress over the last decade,” Upham said. “Through his considerable personal investment of time and resources, he has shaped the university’s strategic vision. As a result, TU has emerged as a Top-100 university with a vibrant residential campus and a newfound capacity to compete at the highest levels in every endeavor.”

Collins serves as chairman and CEO of Collins Investments, Inc. Previously, he served as chairman and CEO of Liberty Glass Co. from 1980 to 1994, and as group vice president of Syntex Corporation from 1971 to 1980. He earned a B.A. in Economics (1965); an M.B.A. (1967); and an M.S. in Operations Research (1968); all from Stanford University.

Collins’ history of service includes work with the Philbrook Museum of Art; World President’s Organization; Children’s Medical Center; Tulsa Chamber of Commerce; Tulsa Philharmonic; Tulsa YMCA and Westside YMCA; Tulsa Chapter-American Red Cross; Young Presidents’ Organization; Sapulpa Chamber of Commerce; and Hillcrest Healthcare.

Collins joined the TU Board of Trustees in 1993 and was named chairman in June 1997. His wife, Susie, also is a TU trustee.

Gale Sullenberger, dean of the Collins College of Business, said Collins has played a strategic role in many aspects of the college’s operations, including a planned enhancement of its Master of Business Administration (MBA) program. The strengthened MBA program at TU features a curriculum that can be tailored to individual student interests and develops graduates who better meet the dynamic employment needs of Tulsa area businesses.

To enable the changes, Collins and Walt Helmerich, chairman of the board and director of Helmerich & Payne Inc., are contributing $15 million toward a $30 million campaign to fund additional faculty positions and student scholarships.

“Chairman Collins’ leadership has been transformational not only for the University as a whole, but for the College of Business in particular,” Sullenberger said. “Our students, faculty and staff have all benefited from his uncompromising attention to detail, keen business acumen and selfless service. As our students graduate to become future business leaders, they would do well to aspire to the legacy of our college’s namesake.”

About the Collins College of Business

  • The Collins College of Business has an enrollment of approximately 1,100 graduate and undergraduate students.
  • The College offers undergraduate degrees in accounting, economics, energy management, finance, management, management information systems, marketing, and international business and language. Graduate degrees offered are the Master of Business Administration (MBA), Master of Science in Finance (MSF), and online Master of Taxation (MTAX) along with joint degrees including a Juris Doctorate (JD)/MBA, JD/MTAX, JD/MSF, MBA/MSF and MSF/Master of Science in Applied Mathematics. 
  • The Collins College of Business is one of the few private business schools in the region accredited by AACSB International - The Association to Advance Collegiate Schools of Business. Less than 15 percent of business schools worldwide have earned this accreditation. 
  • BusinessWeek in 2007 ranked the college 17th for best student experience in its latest guide, “The Best Undergraduate B-Schools.” 
  • TU business undergraduates have scored in the 90th percentile during a recent nationwide assessment of business students representing more than 450 colleges. 
  • TU teams consistently have been among the top finishers for the Donald W. Reynolds Governor’s Cup, which is Oklahoma’s premier business plan competition for college students. TU teams have earned first-place honors twice and this year had two teams finish in the top three. 
  • The College provides students with tools such as the Williams Risk Management Center for investment and financial risk education, and its Family-Owned Business Institute is the region’s only resource center of its kind. 
  • The college’s Friends of Finance series has attracted 80 leading corporate executives to campus during the past decade to share their experience and vast knowledge with Tulsa business leaders, faculty and students who attend the monthly luncheons. 
  • TU’s Energy Management Program is one of only a handful of such programs in the nation (and the only one at a private university). The program employs an interdisciplinary approach to prepare students for careers in the energy industry.

David Hamby