A new Professorship of Finance to be established at Judge Business School will lead to the radical development of existing finance programmes.

The gift of £1.85 million from Sir Evelyn de Rothschild and the Eranda Foundation will fund the first Sir Evelyn de Rothschild Professorship of Finance.

The post will have special reference to Venture Capital and devise new strands of teaching, including a new open programme in finance targeting the Cambridge “Hi-Tech Cluster” of entrepreneurial ventures – a sector that makes up approximately 10% of Europe's high-tech research and development investment.

Existing MBA finance modules will be significantly developed to match best practice worldwide and a specialist Master in Finance Programme will be introduced for those with previous experience in the financial sector.

The School, part of the University of Cambridge, will appoint an internationally-recognised leader in finance and economics to the role, able to promote excellence in teaching and research, foster collaboration between business and academia and bring rigorous research into the practice of venture capital.

The Professorship is designed to provide new leadership and fresh vision in this important area and help establish the School as a global centre of excellence in the field of business finance.

Professor Arnoud De Meyer, Director,Judge Business School, said: “This generous endowment will mean major expansion of our faculty and the School's teaching programme in the area of finance. This will allow us to maintain our pre-eminence as one of Europe's leading business schools and compete internationally.”

“Our influence as a School is global. As a result we take very seriously our responsibility to contribute the best research, teaching and ideas to the field of business finance, and to bring new perspectives on how it is taught and practised worldwide.“

Judge Business School is uniquely placed to provide business education to meet the challenges of business in the 21st century.

The School's innovative teaching methods, collaborative ethos, links to the cutting-edge technology entrepreneurs in “Silicon Fen”, close proximity to London, many global academic and business partnerships and its position at the heart of the University of Cambridge, make it the natural choice for the next generation of business leaders.

Ranked 15th in the 2007 FT Global Rankings of business schools , seventh in the 2007 Economist Intelligence Unit Global MBA Rankings, and third in the 2007 Forbes Global Rankings for one year MBA programmes, the Cambridge MBA sits alongside the very best in the world.

The policy of the Eranda Foundation is to promote original research and support the continuation of existing research into medicine and education, growth and development of the arts and promotion of social welfare.

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