In a collaborative effort to boost the economic vitality of the region, the William E. Simon Graduate School of Business Administration is partnering with Greater Rochester Enterprise (GRE), an economic development organization dedicated to job creation in the Rochester region, to offer partial scholarships to six dynamic managers at small- to mid-size organizations wishing to pursue an executive M.B.A. degree.
The newly established GRE Scholarships, applicable to the Simon School's Executive M.B.A. Program for September 2004, will provide 50 percent tuition waivers to qualified applicants who live and work in the Greater Rochester, New York region. Four of the six scholarships are designated for employees of up and coming small- to mid-size private sector companies and two are intended for employees of nonprofit organizations. Typically these companies and organizations are not able to fund an employee's education.
"We are very excited about establishing a partnership with a world-class institution such as the Simon School," said Michael A. Finney, President and CEO of Greater Rochester Enterprise. "Our region's small and mid-sized companies have historically had a high level of innovation and entrepreneurial spirit. This mutually beneficial collaboration addresses one of GRE's key strategies to assist our entrepreneurial companies in developing the management skills necessary for long-term growth."
Simon School Dean Mark Zupan says this collaboration will have a positive impact on the Rochester business community. "We know that human capital is over 75 percent of the American economy's net worth and growing. This partnership is about people," notes Zupan. "It's not the bricks and mortar or financial instruments that are the driving force of economic progress, but the ideas that flow from bright, committed individuals that help an area thrive. This investment in people is an investment in the economic prosperity of our region."
Scholarship recipients must meet Simon School standard admissions criteria. The application deadline for fall 2004 admission is July 30, 2004. Recipients will be selected and notified in early August. For scholarship and admissions criteria, visit www.simon.rochester.edu/emba, or contact Ellen Aceto or Kathleen Harris, simon Executive M.B.A. Programs, at (585) 275-3439 or e-mail firstname.lastname@example.org.
The Simon School prides itself as the place Where Thinkers Become Leaders and is currently ranked among the leading graduate business schools in the world in rankings published by the popular press, including Business Week, U.S. News & World Report, The Wall Street Journal, Financial Times and Forbes. For example, in the most recent Wall Street Journal poll, the Simon School was ranked 18th worldwide. The Financial Times earlier this year rated the School 2nd in the world in finance and 5th in the world in managerial economics.
More information about the Simon School is available on the World Wide Web at http://www.simon.rochester.edu.
Greater Rochester Enterprise (GRE) is a public-private partnership established to professionally market the Rochester metropolitan region as a competitive, high-profile place for business location and growth. GRE will collaborate with business, academia, not-for-profit organizations and government to ensure a unified approach to regional economic development efforts.
Information about Greater Rochester Enterprise is available at www.GreaterRochesterEnterprise.com.