MIBS Class of '77 Gives Back
The MIBS Class of '77 has chosen to honor Dr. W. R. Folks, Jr., distinguished professor
emeritus of international business, in a big way: they have created The William R. Folks, Jr.
Fellowship in the amount of $250,000.
The fellowship(s) will be based on academic achievement and awarded to students enrolled in
the International Master of Business Administration (IMBA) program, with preference given to
children of graduates of the Master of International Business Studies (MIBS) program.
"Dr [Randall] Folks always described our class as 'eclectic'," says Nancy Corrigan, a member,
along with husband Kevin, of the 1977 MIBS graduating class. "Our class included... students from
Brazil, Colombia, Greece, Hong Kong, India, Japan, Romania, and Vietnam. Our undergraduate majors
varied widely and included not only business administration, but the social sciences, mathematics,
engineering, computer technology, and foreign languages." As only the second entering class of MIBS
students, the '77 class was offered Portuguese and German language tracks, in addition to Spanish
and French.
The group held a class reunion this year in April in Columbia, with 19 members of the
graduating class of 57 in attendance. "It is very unusual for a post-graduate class to jel socially
the way ours did," says Corrigan. "About 35 of us remain in touch to this day."
"Shigeru Sekine [CEO and president of Nikko Chemicals Co. Ltd.] actually initiated the idea
of the class fellowship," she added. "He resides in Tokyo and over all these years has steadfastly
promoted USC and MIBS/IMBA in Japan. We chose to name the fellowship in honor of Dr. Folks since he
is one of the original architects of the MIBS/IMBA program (and continues to teach IMBA students
today), and clearly established the academic rigor which propelled the program to such
international recognition."
The Corrigans spent 15 years as a family living overseas in Brazil, Mexico, and the
Philippines. (Kevin Corrigan previously worked for the Inter-Development Bank in Washington, D.C.
He currently serves as senior vice president of Trust Company of the West, headquartered in Los
Angeles.) They think so highly of the graduate international business program at Moore that they
encouraged their daughter to attend. Now Christina, who was born in Rio de Janeiro, is a first-year
IMBA student in 2007, and completing an internship with Sonoco in Brazil.
A matching gift from Darla Moore will allow the designation of a classroom in the Moore
School's new facilities in honor of "MIBS Class of 1977."
December 2007