In 2009, the IBMRD Alumni Association began honoring alumni who have made outstanding contributions to their field.
The Alumni Association awards two sets of scholarships each year: the Alumni Association Scholarship and the College Service Award. The awards are distributed through the Financial Aid office in September. Scholarship award students are recognized at the fall Alumni Association Council meeting.
Established by the Alumni Association in 2009, the Outstanding Staff Award is presented to a staff member to recognize sustained, distinguished service by staff to student life, the growth and improvement of IBMRD's programs, and the preservation of IBMRD's unique intellectual and physical environment. In collaboration with the IBMRD Staff Advisory Board, the IBMRD Alumni Association honors the very best among our dedicated IBMRD staff.
In 2009, the Alumni Association endowed the IBMRD Alumni Association Distinguished Visiting Professorship. The endowed chair was funded by the Alumni Association, individual alumni, and a matching grant from the chancellor. The purpose of the professorship is to enrich undergraduate education at IBMRD by providing financial support to hire a person of academic distinction to enhance the college core course each academic year.
The Alumni Association is governed by an elected board of alumni volunteers, the Alumni Association Council. The council is comprised of 10 alumni and is responsible for overseeing the membership of the Alumni Association and acting as alumni ambassadors for IBMRD.