ALBANY, N.Y. -- UAlbany made a big announcement on Monday. The university's School of Business unveiled a new multi-million dollar building, as well as a unique four-year-program.
The new building is located at the university's Grand Entry Plaza. It's 96,000 square feet, has more than 40 classrooms and meeting spaces for more than 1,600 students. It even has a mock trading floor with Bloomberg terminals.
All this is possible with about $54 million from the state, and the university raised another $10 million.
School and area leaders believe this building and its amenities will provide a world-class learning environment that will attract the best and the brightest of students and faculty.
UAlbany President Robert Jones said, "We are proud to be ranked within the top 100 MBA business schools. We are very confident that over the next five to 10 years, this attractive new facility will help us elevate our ranking to among the top 50 business programs in this country."
A new four-year program was also announced. It will be for digital forensics, for those interested in being information security specialists.
According to UAlbany, the program is the first of its kind in New York and only the third in the country.
Students can begin taking the program in the fall of 2014.
As for the building, it's open the start of this year.