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  •  Grand Reopening Celebration for Small Businesses in the Washington Alma Neighborhood of San Jose

    Friday, May. 29, 2015 10:10 AM

    SANTA CLARA, Calif. May 29, 2015  -- On May 30, Santa Clara University undergraduate business students,  students from San Jose’s Center for Employment Training (CET) and four small businesses in San Jose’s  Washington neighborhood will unveil the results of an unusual business-improvement collaboration between the groups. 

    The event will take place May 30 at 11 a.m., outside La Mejor Taquería, at 102 Willow St. in San Jose.  It will include complimentary burritos from La Mejor Taquería and a live mariachi band.

    Speakers including San Jose Mayor Sam Liccardo, Santa Clara University business school Dean Drew Starbird and CET CEO Hermelinda Sapien will describe the success of the project, funded by a $25,000 grant from Wells Fargo Bank’s Santa Clara Valley Region.

    The project, in its fourth year, brings ideas from SCU business-school students together with construction and other technical skills from CET, to help business owners in the low-income, primarily Hispanic community surrounding Washington Elementary School make improvements most fitting for their needs and customers. 

    The students and business owners have spent the last 20 weeks building relationships, overcoming obstacles, and deciding on the best improvements each business would like to make, such as new point-of-sale technologies, or lighting or display improvements. 

    Jeff Rademann of Wells Fargo Bank, whose funding made the project possible, will speak, and students from CET and SCU, as well as the business owners, will be available to talk about their experiences. 

    The four businesses that were the focus of the project were La Mejor Taquería, Sidhu Market, Amigo Wireless, and Perfumería Jimena.

    The project is part of Santa Clara University's Neighborhood Prosperity Initiative, a program through the university's business school that focuses on small businesses in the Washington Neighborhood. 

    About Santa Clara University
    Santa Clara University, a comprehensive Jesuit, Catholic university located 40 miles south of San Francisco in California’s Silicon Valley, offers its more than 9,000 students rigorous undergraduate curricula in arts and sciences, business, and engineering; master’s degrees in business, education, counseling psychology, pastoral ministry, and theology; and law degrees and engineering Ph.D.s. Distinguished nationally by one of the highest graduation rates among all U.S. master’s universities, California’s oldest operating higher-education institution demonstrates faith-inspired values of ethics and social justice. For more information, see www.scu.edu.

    About the Center for Employment Training
    Center for Employment Training (CET), a 501©(3) Community Based Organization, is a national skills training and human development program that helps prepare workers in various occupations and assists them with placement in jobs that pay living wages and offer career opportunities and growth. CET Students from the Green Building construction program in San Jose have participated in renovating small business establishments in the Washington Community, in partnership with Santa Clara University.

    Media Contacts
    Deborah Lohse | SCU Media Relations | dlohse@scu.edu | 408-554-5121
    Leticia Dominguez | CET | leticia.dominguez@cet2000.org  | 408-534-5421

  •  A Business Degree from Santa Clara University Ranks Fourth in the Nation for "Return on Investment," According to Data Company PayScale

    Friday, May. 15, 2015 4:00 PM

    SANTA CLARA, Calif., April 20, 2015 — A business degree from Santa Clara University ranks fourth in the country for return on a student’s college investment, according to a new survey by PayScale, a compensation-data company based in Seattle. 

    The College ROI rankings are based on a “20 Year Return on Investment,” measured as the additional salary over 20 years that a graduating student would earn above that of a high-school graduate, after subtracting the cost of the education itself. Santa Clara business majors reported a median 20-year ROI of $756,200, the fourth-best in the nation. The top three were the University of California Berkeley; University of Pennsylvania; and Babson College.

    Overall, a degree from Santa Clara University ranked in the top 5 percent in the survey for return on investment—coming in 51st out of 1223 colleges or universities ranked by PayScale.  Among the 407 private, nonprofit institutions on the list, Santa Clara’s ROI ranked No. 27 (in the top 7 percent). Among 81 California schools, SCU was ninth (top 12 percent).

    At Santa Clara University, graduates were calculated to have a 20-year net ROI of $596,200. Grads reported having a typical starting salary after graduation of $56,600 and a mid-career salary of $111,700. 

    PayScale's data came from its 1.4 million website users, who self-report their salaries and their alma maters. The survey and methodology can be found at www.payscale.com/college-salary-report/methodology.

    About the Santa Clara University School of Business
    The Leavey School of Business at Santa Clara University began in 1923, and was one of the first business schools in the country to receive national accreditation. Its undergraduate business, MBA, and Executive MBA programs are consistently ranked among the top in the nation by BusinessWeek, U.S. News, Princeton Review, and others. The curriculum at all levels emphasizes the leadership role of business creation in fostering prosperity within an ethical framework, as well as business responsibilities for social justice and sustainability in the global marketplace. The School opened its $49 million building for undergraduate, graduate, and professional business education in Fall 2008. For more information, see www.scu.edu/business/

    About Santa Clara University
    Santa Clara University, a comprehensive Jesuit, Catholic university located 40 miles south of San Francisco in California’s Silicon Valley, offers its more than 9,000 students rigorous undergraduate curricula in arts and sciences, business, and engineering; master’s degrees in business, education, counseling psychology, pastoral ministry, and theology; and law degrees and engineering Ph.D.s. Distinguished nationally by one of the highest graduation rates among all U.S. master’s universities, California’s oldest operating higher-education institution demonstrates faith-inspired values of ethics and social justice. For more information, see www.scu.edu.

    Media Contact
    Deborah Lohse | SCU Media Relations | dlohse@scu.edu | 408-554-5121

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