The Australian Graduate School of Management (AGSM) and investment bank Luminis Partners have launched a $1 million MBA scholarship program.
The scholarship will provide full tuition fees and a stipend for a full-time MBA student each year for 11 years. It will include an international exchange at The Wharton School of the University of Pennsylvania, one of the world’s leading business schools, as well as access to an exclusive business network.
UNSW Chancellor David Gonski congratulated Luminis on having the foresight to establish the program.
“It shows how business can contribute to assisting future leaders and at the same time how a top university can provide opportunities for both its students and those who wish to assist them,” he said.
Ron Malek of Luminis Partners said: “We are genuinely excited to be part of a scholarship program that aims to create the next generation of leaders. AGSM and Wharton are two pre-eminent world class business schools and we are delighted to be partnering with them. For Luminis we could not think of a better initiative to launch our Foundation.”
Simon Mordant AM of Luminis Partners said “When we set up Luminis Partners twelve months ago we said our Foundation would be central to all we do. Ron is an Alumnus of UNSW and I am an Alumnus of Wharton. We believe that education and innovation are fundamental to all we do and we are overjoyed to be partnering with UNSW and Wharton to create this long term scholarship program in business innovation.”
Prospective MBA students at the AGSM@UNSW Business School will now be eligible to apply for a scholarship that will pay their fees and stipend to complete the full-time MBA program, which runs for a period of 16 months.
Scholars will be selected on their academic record together with their leadership potential and will need to demonstrate that they have the credentials to forge a truly remarkable career in business.
