At the start of this semester, Boston College announced that the Finance Department in the Carroll School of Management would be renamed the Seidner Department of Finance. What is that all about? Here鈥檚 what to know.

What happened?

The department was renamed in recognition of an unprecedented gift by University Trustee Marc Seidner 鈥88, P 鈥24. The Seidner Department of Finance is the first department at Boston College named for a benefactor, and this gift is the largest in the history of the Carroll School. In keeping with the donor鈥檚 wishes, the University did not disclose the gift amount.

Marc Seidner (from Federal Reserve Bank of Dallas website)

Marc Seidner '88, P '24

Who is Marc Seidner?

Seidner is a , one of the world鈥檚 largest global investment firms. 鈥淢arc is one of Boston College鈥檚 most illustrious alumni in the field of finance, and he鈥檚 been deeply involved in our school for a long time,鈥 said John and Linda Powers Family Dean Andy Boynton, noting that Seidner has served as a frequent co-chair of the Carroll School鈥檚 annual Finance Conference. He also has a long philanthropic background at Boston College, which recently includes endowing the Seidner University Professorship; the inaugural holder is Paul Romer, a Nobel laureate in economics now teaching in the Seidner Department of Finance.

A University Trustee since 2019, Seidner says his gift is a 鈥渢hank you鈥 for the transformative education both he and his daughter Alexis 鈥24 received at Boston College. He described the gift also as a way to 鈥渟how respect and admiration鈥 for Boynton, department chair Ronnie Sadka, and the entire finance faculty 鈥渇or their world-class research achievements and for what they have done over many decades to make 亚色影库鈥檚 Finance Department one of the premier undergraduate programs in the country and the world.鈥 Seidner majored in economics at what is now the Morrissey College of Arts and Sciences.