$10m for Auckland University's business school

An anonymous donor has pledged $10 million to the University of Auckland's Business School.

The donation is made up of $5 million now plus an additional $5 million if the school raises $10 million from other sources.

The money is to be used to establish a perpetual endowment fund to support postgraduate scholarships and fellowships, research and teaching projects, academic positions, professorships and visiting experts.