DeWITT — Le Moyne College today announced the acquisition of the Pedro Arrupe S.J. Program of Christian Social Ethics in Business from Georgetown University, which will now operate as part of the college’s Madden School of Business.
The board of directors of the Woodstock Theological Center at Georgetown has approved the transaction, which transfers the program’s assets to Le Moyne, the local college said in a news release.
Le Moyne didn’t release financial terms of the acquisition in its news release.
The Arrupe Program “perfectly fits the vision” of Le Moyne’s new Madden School of Business, Fred Pestello, president of Le Moyne College, said the release.
“For nearly 20 years the esteemed Arrupe Program has served to meaningfully connect members of the academy with leaders in business. This important addition powerfully complements the emerging Jesuit Case Series at Le Moyne. We are impressed with the mission and success of the Arrupe Program and pleased that it chose Le Moyne as its new home.”
The Arrupe program has operated at the Woodstock Theological Center since 1994, Le Moyne said. It collaborates with theologians and business leaders to explore the “practical application of business ethics and its impact on ethics-based academic instruction,” the school added.
The Woodstock Business Conference (WBC) chapters are considered “a key component” of the Arrupe program, according to Le Moyne. A total of 14 chapters, including two in Europe, provide a network for exploring ideas related to the integration of faith and work, the school said.
The chapters operate with bi-monthly meetings involving a core group of 25 people.
Le Moyne will maintain the existing chapters and add new ones, including one in the Syracuse area, the school said.
Le Moyne’s Jesuit Case Series provides an opportunity for integration with the work of WBC chapters in the U.S and abroad, Le Moyne Provost Linda LeMura said in the release.
In collaboration with the other 93 Jesuit colleges and universities in the U.S. and around the world, the Madden School said it is creating a platform dedicated to the development and distribution of business cases with particular attention to issues of ethics, leadership, and sustainability.
“Working with their academic counterparts, WBC chapter members will be encouraged to share their stories in case-study format with Jesuit business school students,” said LeMura.
The Arrupe Program will be housed under the Center for Reflective Leadership and Business Ethics, one of three centers within the Madden School of Business at Le Moyne, the school said.
Contact Reinhardt at ereinhardt@cnybj.com