The New Business Building to Be Built on Campus

Influencing Culture Through Business

Lorne C. Scharnberg Business Center

The Lorne C. Scharnberg Business Center, named to honor the significant contributions of longtime member of both the Cedarville University Board of Trustees and the Business Advisory Council, will tell the story of business as missions while providing a space for excellent academic preparation and spiritual growth. The lobby will cast a vision for business leaders to align their God-given talents with their God-given passions to advance the Gospel.

As one of the largest schools at Cedarville University, the School of Business Administration will finally have room to grow. And, the School is thriving — not just in student enrollment but also in new and innovative programs. In 2019, Cedarville launched the Beyond Start-Up Accelerator to educate, inspire, and fund students to lead business startups and stimulate job creation.

The expanding Master of Business Administration program now offers five specializations in business analytics, cybersecurity management, innovation and entrepreneurship, healthcare administration, and operations management, as well as a dual Pharm.D./M.B.A. program.

Cedarville’s CPA pass rate continues to be among the best in the nation, and finance majors are out-performing the markets as they manage University endowment funds in a portfolio of equity securities in the Applied Portfolio Management course. It is time for the School of Business to have a state-of-the-art home that matches the quality and innovation of its programs and faculty.

Adequate conference and banquet space is essential for hosting groups of alumni, parents, and friends, and the Business Center will have one large open dining space that can be subdivided into four smaller areas, each able to hold up to 150 people, with the combined space serving up to 600. This space can also be set up with theatre-style seating to accommodate 800 or more.

Dr. Thomas White, Lorne Scharnberg, and Mark Scharnberg at the future site of the Lorne C. Scharnberg Business Center

Iowa Family, Businesses Give Cedarville University $10 Million Gift

This is the largest gift in Cedarville's 132-year history.

Building Features:

  • Stock market investment center
  • Large, fully equipped classrooms
  • Expanded faculty offices
  • Large banquet room with kitchens and storage
image of Jeffery Haymond smiling