As part of its commitment to fostering a diverse MBA class, MIT Sloan School of Management will award a new fellowship for lesbian, gay, bisexual, and transgender (LGBT) students to one or more members of the class of 2017, the school announced last week. The new Reaching Out LGBT MBA Fellowship will be worth at least $10,000 per year.
“This is the first year that MIT Sloan will award this specific fellowship,” Jeff Carbone, associate director of admissions, said in an article on the MIT Sloan website. He added that the decision to offer the fellowship was a simple one, “because we look for diversity in all forms.”
The new fellowship is not unique to MIT Sloan, but rather part of a joint effort among top business schools and Reaching Out MBA, an organization dedicated to educating, inspiring and building connections among LGBT MBA students. Reaching Out hosts a range of programming, including an annual conference MIT Sloan has been part of in the past.
Prospective students who self-identify as LGBT on the MIT Sloan MBA application or demonstrate a strong allegiance to the LGBT community through the admissions process will automatically be considered for the fellowship, according to Carbone. No additional action is required to be considered.
Fellowship recipients will be expected to play a national leadership role in planning a Reaching Out initiative while an MBA student. “We want people with strong academics, but we also want people who are active in the [LGBT] community, through work or volunteering,” Carbone said in the article on the school website.
Learn more about the new Reaching Out LGBT MBA Fellowship at MIT Sloan.
