Arthur B. Schultz Foundation establishes MBA fellowships at the U of M Carlson School of Management
MINNEAPOLIS / ST. PAUL ( 4/24/2008 ) -- U of M Carlson School of Management alum and global philanthropist Arthur B. Schultz (BSB ‘51) has established- through his foundation-Carlson School MBA fellowships for full-time MBA students to study micro-finance and micro-enterprises.
The Arthur B. Schultz Foundation (ABSF) will provide full-tuition fellowships (approximately $100,000 annually) for full-time MBA students interested in micro-finance and micro-enterprise, with a particular focus on international students who are committed to returning to their native countries to direct or manage a micro-enterprise. “We hope that students will take the knowledge they gain here back to their own countries,” said Erik Schultz, ABSF director. “We want this to come full circle from where it all began."
Approximately 30 percent of the Carlson School’s full-time MBA students come from other counties to study at the school, where they engage in rich, hands-on learning opportunities and interaction with global and entrepreneurial companies.
“These fellowships will fit perfectly with our growing global and experiential learning opportunities and the increasing interest in social enterprises in our current and prospective students,” said Carlson School Dean Alison Davis-Blake. “We couldn’t be more pleased.”
About Arthur B. Schultz and the ABSF
Carlson School alum Arthur B. Schultz began his foundation in 1985. Since its inception, the foundation has supported educational initiatives large and small, both overseas and in the U.S. The Foundation has funded many scholarships designed to help students in under-developed countries gain access to a Western-oriented business curriculum. For more information about the foundation, visit http://www.absfoundation.org.
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