BOZEMAN, Mont. -

2,679 Montana State University students received their diplomas Saturday as part of graduation ceremonies.

The Brick Breeden Fieldhouse was packed with friends and family for both commencement ceremonies.

Almost 70 former MSU grads from the 1962, 1952, and 1942 classes took part in graduation, including Jake Jabs, a 1952 grad who donated $25 million to MSU for a new College of Business.

Jabs received an honorary Doctorate of Business and gave the commencement speech.

"It's over the top," Jabs said. "I mean I never, ever thought in my wildest dreams that I'd ever be a doctor, that somebody would be calling me Dr. Jabs. That's something that I never, ever dreamt."

Dr. Jabs shared words of wisdom with the class of 2012, giving advice on how to handle being college graduates in the real world.

"Have some goals and challenge yourself. Work hard. Save your money. Pay cash. Don't go into debt. Probably they're not going to find a job the first day they're out there, but keep working and just challenge yourself. Contribute something back to society," he said.

The proud alum was excited to see the fresh and hungry faces of the newly graduated students.

"I do a lot of public speaking to colleges around and this group here is absolutely the best. I think they're more exciting, I think the challenges out there for them are great and I think they're willing to accept them. Everybody I've talked to is willing to step out and contribute back to society," Jabs said.