Wake Forest University’s Board of Trustees has approved plans to establish a School of Professional Studies in Charlotte. Pending completion of a full market analysis and business plan, the proposed school will house innovative degree and non-degree programs, including certificates and other credentials, for working professionals. Wake Forest University president Nathan O. Hatch has tapped Charles Iacovou, Dean of the School of Business, to establish the new school, Wake Forest’s first since establishing the School of Divinity, which began offering classes in 1999.