The Oregon State University College of Business is one of 12 colleges that comprise Oregon State University (OSU) in Corvallis, Oregon. The land-grant institution opened in 1868 as Oregon Agricultural College. Also in 2014, the college moved into its new, state-of-the-art home: $55 million, 100,000-square-foot Austin Hall, named for COB alumnus and A-dec founder Ken Austin and his wife Joan, the principle donors for the building project.Also named for the Austins, longtime university philanthropists, are the college's Austin Entrepreneurship Program and Austin Family Business Program