The Arthur Lok Jack Graduate School of Business was established in 1989 as a joint venture between the University of the West Indies and the private sector of Trinidad and Tobago to provide postgraduate education in business and management. In October 2005, the Board of Directors and the University agreed to change the name of the business school in honour of an endowment made by Arthur Lok Jack, one of the Caribbean 's leading entrepreneurs. Lok Jack GSB has produced more than 1,700 grads.