Students who pursue a business degree through the Hampton University School of Business may soon benefit from a $1 million gift from Prudential Financial, Inc. The Virginia-based institution will use the money to improve the technology and communications that are offered on campus.

In the past, Prudential has made similar donations that have helped the university improve the services that it offers to students in its business degree programs. For example, in 2009, a gift went toward the establishment of a computer center, while in 2010, additional money led to the creation of an electronic classroom and videoconference center.

Prudential's history with the university extends beyond its generosity. In addition to serving as a platinum sponsor of the School of Business' Annual Fundraising Gala, the company has hosted a yearly business case study competition for the past five years.

"We are committed to helping to develop and engage high potential students as part of our corporate citizenship and our company's overall emphasis on talent," said Cheryl Reese, a vice president of diversity at Prudential.

Students who enroll in the university's School of Business can pursue an undergraduate degree in accounting, among other business subjects.