Sojourner's Place

psa: wake forest university offering full rides for graduate school  

Posted by SjP in ,

In business, you have to act when the opportunity is presented, and that is now.” Derrick S. Boone, Ph.D.

As you may recall, during President Obama’s address to Congress Tuesday night, he asked every American to commit to at least one year or more of higher education or career training.

This can be community college or a four-year school; vocational training or an apprenticeship. But whatever the training may be, every American will need to get more than a high school diploma. And dropping out of high school is no longer an option.

Easier said than done, right? Because even if you are willing to “take on the challenge” you got to be concerned about just how you would pay for this one or more years of higher education.

Well, for those of you who have thought about pursuing a graduate degree in Business, Wake Forest University might just be your answer. I learned the other day from a colleague that Wake Forest has a tremendous opportunity available that is “free for the taking”.

Here is an excerpt of the email I received regarding this opportunity:

I wanted to let you know about a great opportunity here at Wake Forest where you can get a FREE education and get PAID while you're doing it. Our Dean of the Schools of Business is the former CEO of PepsiCo and very committed to diversity. He's gone around to his CEO friends, who have agreed to donate a bunch of money to pay tuition and fees, provide a stipend, and a job, to diverse students.

It would be a tragedy if this money would have to be returned because of the lack of applications. Oh, I forgot to tell you that it comes with tuition and a 21K stipend.

If you are interested or know someone who might be interested in this opportunity to earn a Masters in Business Management, please contact:

Derrick S. Boone, Ph.D., Associate Professor of Marketing
Room 3139 Worrell Professional Center
Babcock Graduate School of Management
Wake Forest University
1834 Wake Forest Drive
Winston-Salem, NC 27109-8758

Here are the details of the program:

The Master of Art in Management program is designed specifically for liberal arts majors only. The MA degree program is a 10 month intense study of the basic functional areas of business. After graduation and working for approximately two years, all MA graduates are eligible to apply to Wake Forest as part of the MA/MBA joint degree program and get the MBA in one year. The new Dean, Steve Reinemund, has created a new scholarship for diverse students pursuing the MA degree called the Corporate Fellowship.

The Corporate Fellowship provides full tuition and a $21,000 stipend to cover living expenses. Additionally, each Corporate Fellow will participate in a practicum. The practicum has two components, educational and professional development. Each student will be assigned a mentor that is a high level executive with their sponsor corporation. The mentor will oversee an educational project covering 4 of the functional areas of business using their own corporation as the subject. The student will visit the corporation 3 - 4 times during the program to present his/her results of their research project. Additionally, the "professional development" component of the fellowship provides career coaching and leadership development for the students. The goal for the corporation is to be able to groom and hopefully, hire a top candidate from a diverse background for their organization. Of course, there is no obligation that the students accept any offer of employment. Still, the student benefits, even if they are not ultimately hired by their sponsor corporation in that they have the MA degree and the type of experience that will make them more marketable.

Obliged to you for hearing me,
and now old SjP ain't got nothin' more to say...
~~~ ~~~ ~~~
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This entry was posted at Saturday, February 28, 2009 and is filed under , . You can follow any responses to this entry through the .

7 sojourners hollin' back

This is a wonderful response to President Obama's call for more education.

February 28, 2009 at 7:00 AM


This is a quality demonstration of "leading by example". I applaud Wake Forest for taking initiative and hope that other colleges and universities follow suit.

The cost of education in our country is enormously high. In many ways, education and medicine have become "big business entities" but this is no time for a rant.

Thanks for spreading the news SjP.

Have a great weekend.


February 28, 2009 at 7:55 AM

Way to go Wake Forest!!! I'm hopeful that individuals will respond in a timely manner.

February 28, 2009 at 10:12 AM

Kudos to Wake Forest! More schools should follow their lead.

March 1, 2009 at 8:27 AM

What an amazingly generous response to President Obama's suggestion. I love that corporate sponsors were able to step up to the plate and make this happen. You are right -- many people would love to further their education. It is unfortunate that money often gets in the way of this dream.

I for one will be telling as many people about this as I can to encourage applications. It will be important to show not only Wake Forest, but other like-minded universities, that the demand and willingness is there. We just need resources!

March 1, 2009 at 9:18 AM

My undergrad degree is in Business Administration, and I'm tired of the rut of my go nowhere job; so I'm going to look into applying for this myself.

I've been thinking about moving to Charlotte one day any, and a good "friend" lives in Raleigh now, which would put me near her; so it makes all the more up my alley.

Thanks for providing the info.

March 2, 2009 at 10:17 AM

Please visit Planning and Preparing for College (Scholarships, Internships, Etc) located at for over 200 great opportunities on scholarships, internshipts, fellowships and summer programs.

March 4, 2009 at 12:12 PM
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