Eugene C. Eppley Center
Encyclopedia
The Eugene C. Eppley Center is located on the Michigan State University
Michigan State University
Michigan State University is a public research university in East Lansing, Michigan, USA. Founded in 1855, it was the pioneer land-grant institution and served as a model for future land-grant colleges in the United States under the 1862 Morrill Act.MSU pioneered the studies of packaging,...

 campus in East Lansing, Michigan
East Lansing, Michigan
East Lansing is a city in the U.S. state of Michigan. The city is located directly east of Lansing, Michigan, the state's capital. Most of the city is within Ingham County, though a small portion lies in Clinton County. The population was 48,579 at the time of the 2010 census, an increase from...

. It is home to the University's Masters in Business Administration (MBA) Program offices, the MBA Career Services Center, computer labs, the financial analysis lab and the information systems lab. The center was originally built in 1961 as the Eugene C. Eppley Center for Graduate Studies in Hotel, Restaurant and Institutional Management.

History

The Eugene C. Eppley Center was built in 1961 for "graduate training in the fields of hotel, restaurant and institutional management." Its benefactor and namesake
Eugene C. Eppley
Eugene C. Eppley, , also known as Gene, was a hotel magnate in Omaha, Nebraska. Eppley is credited with single-handedly building one of the most successful hotel empires, by the 1950s the largest privately owned hotel chain in the United States.-Career:Eppley was born in Akron, Ohio and was...

 was a hotel executive and philanthropist who was known as the largest individual hotel operator in the world, owning more than 20 hotels between 1915 and 1956. He died in 1958. The Foundation granted the University $1.5 million to build the center. With Eppley's donation the School became the first program in the country to offer a Master of Business Administration degree in Hotel, Restaurant and Institutional Management, and enrollment reached 550.

Financial Trading Room

The Financial Trading Room is a new suite in the Eppley Center equipped with trading
Commodity broker
A commodity broker is a firm or individual who executes orders to buy or sell commodity contracts on behalf of clients and charges them a commission. A firm or individual who trades for his own account is called a trader. Commodity contracts include futures, options, and similar financial...

 desks similar to those at most financial institutions and investment banks. High-speed personal computer
Personal computer
A personal computer is any general-purpose computer whose size, capabilities, and original sales price make it useful for individuals, and which is intended to be operated directly by an end-user with no intervening computer operator...

s with dual flat screen monitors and data feed
Data feed
Data feed is a mechanism for users to receive updated data from data sources. It is commonly used by real-time applications in point-to-point settings as well as on the world-wide web. The latter is also called Web feed. News feed is a popular form of Web feed. RSS feed makes dissemination of blogs...

s simulate a variety of trading desks. Large plasma monitors in the Eppley Center entryway display financial information
and a running ticker, with other television and computer monitors providing financial news feeds. In the future the Financial Analysis Laboratory will provide insights into the field of investments and the activity of trading. Glass walls throughout the Trading Room allow passersby to observe current financial information on the monitors. IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

is among the contributors to this suite.
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