People and Places: February 7, 2023

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Tuesday, February 7, 2023
By AACSB Staff
NYU Stern receives a 25 million USD gift for scholarships, and The PhD Project welcomes applicants who are DACA recipients.


Matthew J. Slaughter, the Paul Danos Dean of the Tuck School of Business at Dartmouth College in Hanover, New Hampshire, has been appointed to a third four-year term. Slaughter, the Earl C. Daum 1924 Professor of International Business, has served as dean of the Tuck School since 2015. Under his leadership, the school has made global learning a requirement of its MBA, expanded its nondegree program offerings, overhauled its flagship program for senior executives, expanded online partnerships, and invested in technology for online learning. Slaughter also restructured the leadership team by appointing new deans for diversity, equity, and inclusion; for administration and finance; and for marketing and communications.

On June 30, Maryam Alavi plans to step down as dean of the Georgia Institute of Technology’s Ernest Scheller College of Business in Atlanta. Alavi joined Georgia Tech in 2014. During her tenure as dean, she instituted initiatives focused on diversity, equity, inclusion, and staff engagement; increased philanthropic support for scholarships and fellowships, including those designated for women and underrepresented populations; and oversaw the launch and expansion of interdisciplinary programs. Additionally, Alavi obtained the named gift for the college’s newest building, Scheller Tower. She will continue at the university as a member of the faculty and will be appointed to the Elizabeth D. and Thomas M. Holder Chair.

New Programs

Mays Business School at Texas A&M University in College Station is offering a new course called The Bitcoin Protocol, which focuses on the technical and economic foundation of the cryptocurrency. It is being taught by Korok Ray, associate professor of accounting and founder of the Mays Innovation Research Center. The class will cover all aspects of Bitcoin, from its underlying technology to its macroeconomic effects, and also will look at controversies that have erupted in the field.

In May 2023, the College of Management at Mahidol University in Bangkok is launching its new Master of Management program. The interactive program, which is 100 percent online, will provide students with the in-depth insights and practical skills they need to thrive in the business world. In the program, which focuses on the Asian business context, students will learn from experts in a variety of Asian industries. Students will be able to take up to 12 electives and participate in the school’s exchange program with universities throughout Asia Pacific, Europe, and the Americas.

Singapore Management University (SMU) is rolling out a Chief Executive Officer program in collaboration with online education provider Emeritus. Launching in March, the program is designed for top executives who have 10 or more years of experience. The program, which can be completed in nine or 10 months, will blend asynchronous video lectures with live lectures. It will focus on areas such as strategic thinking, innovation management, data-driven management, and executive presence. Once participants complete the program, they will receive a digital credential and be invited to a two-day graduation celebration on the SMU campus.

In April, University College of London’s Global Business School for Health will launch an executive education program focused on health policy and practice. Participants will learn how to assess health policies, understand policy reform, and manage change. The program will be led by Suzanne Wait, a visiting lecturer at the school.

Grants and Donations

New York University Stern School of Business has announced a 25 million USD testamentary gift from alumnus and Stern executive board member Kenneth G. Langone and his wife, Elaine. The money will fund scholarships to support students in the school’s Langone Part-Time MBA Program, especially military veterans and active-duty military personnel. Langone, a co-founder of Home Depot and the founder of Invemed Associates, previously donated 10 million USD to Stern, which named the part-time MBA in his honor.

Lehigh University’s College of Business in Bethlehem, Pennsylvania, has established a new Economic Impact Scholarship earmarked for applicants who have recently been laid off or had job offers rescinded. It is intended especially for individuals who are on temporary visas and might have to return to their home countries if they can’t find new jobs or enroll in graduate programs. The 12,000 USD award is intended to soften the impact of the costs of enrollment, including the expenses associated with the change of status for H1B visa holders, relocation costs, and technology upgrades. The scholarship program also includes an application fee waiver, accelerated admissions decision, and potential flexible start dates.

Washington University in St. Louis has received a gift from emeritus trustee Robert Frick and his wife, Barbara, to establish the Frick Initiative, which will encourage an understanding of civil discourse, open markets, free speech, and personal responsibility. The multidisciplinary Frick Initiative will support a broad range of grants, opportunities, and university events over the next three years. The initiative will be led by Mahendra Gupta, the Virgil Professor of Accounting and Management and former dean of Olin Business School; and Russell Osgood, dean of the School of Law. Robert Frick is a former vice chairman of the board of Bank of America.

The College of Business and Economics at the University of Wisconsin–Whitewater has announced funding from two organizations to support student scholarships and faculty fellowships. Stoughton Trailers, a semi-trailer manufacturer, will provide ten 1,500 USD scholarships in each of the next five years. The Wahlin Foundation, a private foundation supporting Stoughton Trailers communities, will offer a 10,000 USD stipend to a qualifying member of the college’s information technology and supply chain department. Wahlin will fund one faculty fellowship every year for five years.

Other News

The PhD Project, a nonprofit organization dedicated to diversifying the faculty at business schools, is now formally welcoming applications from Deferred Action for Childhood Arrivals (DACA) recipients. DACA is an American immigration policy that allows individuals brought to the country illegally as children to apply for deferrals from deportation. Since The PhD Project’s inception in 1994, it has contributed to a fivefold increase in the number of Black, Hispanic, and Native American business PhDs in the United States. “We’re thrilled to open PhD Project membership to DACA recipients,” says Blane Ruschak, president of The PhD Project. “So many students are looking for mentors who understand what the DACA experience is like.”

The University of Maryland’s Robert H. Smith School of Business in College Park has become one of nearly 20 U.S. institutions collaborating with the Deloitte Foundation in the Deloitte Foundation Accounting Scholars Program (DFASP). The program aims to increase the representation of racially and ethnically diverse students within the programs at participating schools. Launched in 2021, the DFASP works in parallel with Deloitte’s MADE (Making Accounting Diverse and Equitable), a 75 million USD commitment to fuel greater diversity among accounting and tax professionals. The Deloitte Foundation expects to fund 30 million USD in scholarships for students over the next several years. DFASP participating schools and the Deloitte Foundation will cover 100 percent of tuition (excluding books and living expenses) for selected students.

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