The Council of Independent Colleges (CIC) convened the "Symposium on Business and the Liberal Arts: Integrating Professional and Liberal Education" in Chicago in May 2007 out of concern that the proportion of students graduating with degrees in the liberal arts has been declining as preprofessional and technical programs have expanded and the quality of one side or the other, or both, would suffer. During the meeting, faculty members and administrators from 24 colleges and universities came together to address issues such as: How should our institutions respond to these shifts? What innovative approaches to these challenges might work best? What can or should we do to combine liberal arts and preprofessional education? Based on those discussions, this report focuses on some programmatic examples of how studies in business and the liberal arts can be successfully combined, and it highlights some of the strategies that independent liberal arts colleges and universities are employing to respond to these concerns. Some colleges provided imaginative ways of "blending" liberal arts material ("Great Books") or concerns (attention to writing skills) into their business programs. Others achieved integration through programs and practices that went beyond the business major including, in one case, abolishing the major altogether. Several programs have developed successful ways of reaching out on and off the campus (service earning, "contracting") or some specific thematic focus (ethics, innovation) as a means of improving preprofessional education in business and achieving the goals of the liberal arts. CIC hopes that this volume will provide all smaller colleges and universities with ideas for integrating preprofessional and liberal education. Opening remarks were presented by Ryan LaHurd, President, James S. Kemper Foundation. Twenty-four program profiles presented at this symposium were: (1) Birmingham-Southern College: The Great Writers and Business (Stephen Craft and Elton B. Stephens); (2) Dominican University: Liberal Arts and Sciences Seminars (Daniel Condon); (3) Franklin Pierce University: Bringing Business into the Liberal Arts (Kelly Kilcreas); (4) Mars Hill College: "Commons" Courses (Paul Smith); (5) Shenandoah University: An Individualized Bachelor's in Business Administration (iBBA) (John Winn); (6) Thomas College: E-Portfolio Model and Internship Program (James Libby); (7) Ursinus College: Business as Part of a Liberal Arts Major with an Emphasis on Writing (Andrew Economopoulos); (8) Southwestern University: A Liberal Arts Model (Mary Grace Neville); (9) Hanover College: "Camp 3"--Abolishing the Business Major (and Living to Tell the Story) (Robyne Hart); (10) Ripon College: "Collaboration, not Conflict"--Building a Business Program through the Liberal Arts (Mary Avery); (11) University of Evansville: "iBASE," A Certificate without a Major (Ray Lutgring); (12) University of Puget Sound: Recruiting Students and Building Ties to the Business Community--The Business Leadership Program (Jim McCullough); (13) Sweet Briar College: Contacting and Contracting On and Off Campus (Thomas Loftus); (14) University of St. Thomas: Business Faculty Teaching in Liberal Arts Programs (Michele Simms); (15) Emory & Henry College: Reaching Out on Campus and Through Service Learning (Scott Ambrose); (16) Christian Brothers University: Ethics, Service, and Personal Development as the Core of the Program (Bevalee Pray); (17) College of St. Catherine: "Sales" and Ethics as a Focus for Business/Liberal Arts Study (Lynn Schleeter); (18) Hendrix College: Entrepreneurship as a Focus (S. Keith Berry); (19) Manchester College: "Innovation" as a Theme on Campus and Beyond (James Falkiner); (20) Oklahoma City University: Globalization and the Liberal Arts (Hossein S. Shafa); (21) The College of Idaho: A Paradigm for Integration (Jason Schweizer); (22) Augustana College: Devising a New Curriculum, Bringing Together the Two "Sides" (Craig VanSandt); (23) Bridgewater College: Integration through Grant-Supported Programming across the Curriculum (Betty Hoge); and (24) University of Richmond: A New Center for Innovation and Entrepreneurship (Jeffrey Harrison). The keynote address was presented by Rick Stephens. Remarks on future research were presented by Ann Colby. A closing session involved discussions on lessons learned and next steps. While there were no concrete answers about how to best achieve integration, there was considerable agreement about the significance of context, the obstacles confronting integration, and the necessary ingredients for moving ahead. This report concludes with short profiles of participating institutions and a list of symposium participants. [For the 2004 "Report of a Symposium on the Liberal Arts and Business," see ED484232.]