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Cornell University's Board of Trustees voted to establish a College of Business, the university announced Saturday.

The new College of Business will include Cornell’s three existing accredited business programs: the School of Hotel Administration, the Charles H. Dyson School of Applied Economics and Management, and the Samuel Curtis Johnson Graduate School of Management. Cornell administrators hope the decision will spur more collaboration between the schools while also strengthening the university’s reputation.

The decision came amid protests from Cornell faculty and alumni. After the change was first announced, a group of alumni created a petition in opposition to the idea, some saying that it would affect their donations to Cornell. And the Faculty Senate, worried about shared governance issues with the program being created before academic issues had been determined, asked the Board of Trustees to table the proposal. Instead, the board voted unanimously in favor of the change.

Many of the details of the new college -- like governance and academic processes -- will be finalized over the next few months by leaders and faculty members from the three existing schools.