ARLINGTON, Texas, Nov. 12, 2012 /PRNewswire-USNewswire/ -- The University of Texas at Arlington announces the appointment of Rachel Croson, a UT Dallas economics professor and the director of the UT Dallas Negotiations Center, as dean of the College of Business. For the past two years, Croson has served as the National Science Foundation's division director for Social and Economic Sciences, managing a $100 million annual budget and eight programs. Croson served as an assistant and associate professor at the Wharton School of the University of Pennsylvania before joining the University of Texas at Dallas in 2007. She earned her bachelor's degree in economics and philosophy of science from the University of Pennsylvania and holds master's and doctoral degrees in economics from Harvard University. "The University of Texas at Arlington is a tremendous institution with exceptional students, accomplished faculty, dedicated staff and an impressive leadership team," Croson said. "I'm looking forward to building on the strong reputation of the UT Arlington College of Business and working to attract new, philanthropic support for the college." UT Arlington President James D. Spaniolo said Croson brings a breadth of teaching and interdisciplinary research experience that will further advance UT Arlington's mission of becoming a nationally recognized research institution. " Dean Croson already has accomplished much in her career, and we are pleased that she will lead this dynamic academic division of The University of Texas at Arlington," Spaniolo said. "Our business programs are outstanding. We will look to her to build upon our successes and propel these critical programs to the next level." Croson was selected from an impressive field of candidates after an extensive, national search, said Ron Elsenbaumer, UT Arlington provost and vice president for academic affairs. "We are extremely pleased to recruit someone of Dr. Croson's caliber as our next dean of the College of Business," Elsenbaumer said. "She has a strong history of collaborating with colleagues across disciplines and a reputation of working toward innovation and excellence."