The Lee Kong Chian School of Business is the business school of the Singapore Management University (SMU). Established in 2000, the school was the first to be established under the Singapore Management University's charter. It is a research-driven school, with a blend of education that focuses on academic research and industrial relevance. Faculty are hired on the basis of research or on perceived expertise in their field of study or practice. The current dean is Professor Bert De Reyck. The school was named after Lee Kong Chian after receiving a donation of S$50 million from The Lee Foundation, a trust established by Lee and administered by Lee's children. This amount was matched by the Government of Singapore in a 3-to-1 ratio, thus resulting in a S$200 million funding. Programs The Lee Kong Chian School of Business is the flagship school of SMU, accredited by AACSB International, EQUIS, and AMBA, with a large portion of the university's students enrolled in the school's undergraduate and postgraduate programs. The program is modelled after the Wharton School's curriculum to provide a broad-based approach to university education. At the undergraduate level, the school offers the Bachelor of Business Management (B.B.M.), a four-year program with academic majors in the areas of finance, law, management, marketing, quantitative finance and operations management. Undergraduates who major in law are not admitted to the Bar, as the program is not a specialized law degree. All undergraduates are eligible for a second major, which can be from other schools at SMU. This includes areas such as accountancy, economics, information systems management and fields within the social sciences. In December 2011, Lee Kong Chian School of Business was conferred the European Quality Improvement System (EQUIS) accreditation by the European Foundation for Management Development (EFMD), the accreditation covers all programmes offered by the LKCSB from the undergraduate degree up to the PhD level. The accreditation is for a period of five years In addition to several graduate level degree programs by coursework, the school also offers 10 Master's programmes which are targeted towards executives. These programs include MBAs, Master of Science in management, finance masters and specialised masters. The school also offers DBA, and PhD in business programmes in finance, marketing, operations management, OBHR, strategic management & organisation, and general management. Clubs and sub-clubs Bondue Bondue is the LKCSB's Business Society club. The club organizes activities such as awareness programs for academic majors,