Constructed of “red fire-proof” brick, Schwab Hall’s ground was first broken on October 1, 1930, the work overseen by its namesake Charles M. Schwab. Originally constructed as the home for the science programs, Schwab Hall has housed many different academic disciplines over
the last eighty years. Now home to the Shields School of Business after a year-long multi-million-dollar renovation, Schwab Hall is poised to be a treasured academic facility for generations to come.
This renovated and expanded Schwab Hall provides increased capacity to serve more students and, for the first time ever, give the Shields School of Business a space that is uniquely its own.
Schwab Hall houses flexible classrooms of various styles, including lecture halls, seminar space, and areas designed for group work and collaboration. The new state-of-the-art classrooms are designed with our business programs in mind.
The renovated Schwab Hall also hosts the University’s Small Business Development Center’s SEED program (Students for Entrepreneurship and Economic Development), and its chapter of the international, non-profit Enactus organization, which works to create a better, more sustainable world through the positive power of business.
The space is also home to the Dr. Albert A. Zanzuccki Endowed Chair in Business Administration. This endowment supports activities such as hosting nationally-recognized speakers and inviting business professionals—often alumni—to campus to speak, teach and mentor students through the Executive in Residence program.
In addition, this space houses the newly-established Center for the Study of Occupational Regulation (CSOR). The Center's mission is to inform citizens, policy makers, and other researchers of the extent, scope, and effects of occupational regulation.
The ground floor features Adamucci's Cafe, which offers both Starbucks coffee and a wide selection of food items. There are two classrooms on this floor, a financial and statistical analysis lab, and a student printer.
The first floor is dedicated in memory of Dr. Albert A.
Zanzuccki, a professor emeritus
of accounting and longtime chair of the Business Administration department, who spent nearly 70 years at Saint Francis serving both the School of Business and Office of Advancement. This floor features a
stock ticker and two classrooms along with the Shields School of Business administrative offices.
The second floor is dedicated in memory of Dr. James L.
an accounting professor at Saint Francis for 33 years and chair of the Business
Administration Department for nine years. This floor features two classrooms, a
student projects room (including a student printer), a large conference room,
and faculty offices.
The third floor is dedicated to the Franciscan Third
Order Regular Friars. This floor features
one classroom, a small conference room, the Kudrick-Oravec Vista Room, faculty
offices, and the Center for the Study of Occupational Regulation.
Born in 1862, “Charlie” Schwab spent his childhood in the small community of Loretto, which would always be his home. He had a keen mind early, even earning a few dollars from Saint Francis Academy by driving visiting clergy and students to the school from the nearby train
station. Schwab loved an audience and was able to put people at their ease.
Taking classes at Saint Francis, Schwab earned course certificates that allowed him to seek his fortunes in Braddock, PA. Impressing nearly all he met, he rose quickly to a position of prominence within Andrew Carnegie’s steel works. By age 35, he was president of Carnegie
Steel Company, and by age 39, he became the first President of U.S. Steel, the first billion-dollar corporation. Then, striking out on his own, Schwab began Bethlehem Steel Company. Enjoying great success, Schwab was instrumental in the United States’ steel output during World War I. The social and financial
ramifications of the 1920s reduced Schwab’s fortune and his popular standing. He died nearly broke – had he lived a year more he would have seen a revival in his Bethlehem stock with the outbreak of WWII.
This project was made possible by the generous support of our alumni and friends. Learn more about our campaign to renovate our academic facilities.
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