BOSTON — Harvard Business School (HBS) announced that it will award $20,000 fellowships to each of 10 incoming MBA students who present outstanding credentials from their work in the field of life sciences. The new Life Sciences Fellowships, which recognize academic achievements, professional accomplishments, and/or honors granted by academic, commercial, or professional organizations, will be awarded to students entering the School's MBA program next fall.
Unlike Harvard Business School's other financial aid offerings, which are exclusively need-based, the new fellowships will be awarded to entering MBA students with significant accomplishments and aspirations in the field of life sciences regardless of financial need. Possible candidates include physicians, lab scientists, biotech professionals, or individuals with strong undergraduate experiences in science. Preference will be given to students who are planning careers in science-related businesses and organizations.
"Life sciences will continue to play an ever-increasing role in the economy and global business environment, and we are proud to announce a new fellowship program that focuses specifically on students interested in science-related careers," said Deirdre Leopold, Managing Director of MBA Admissions and Financial Aid at HBS. "The Life Sciences Fellowship Fund builds on the academic strengths and extraordinary resources of Harvard Business School and its ability to address the growing need for management and leadership skills in the life science professions. It also continues the School's efforts to make prospective students aware of the wide range of options, opportunities, and jobs that an MBA degree makes possible."
As part of Harvard University's expanding efforts in the area of life sciences, construction has recently begun on a new, half-million-square foot research and educational center next to the HBS campus. This state-of-the-art facility will strengthen and expand collaborations among both HBS professors and other faculty across the entire University to help address critical issues in biotechnology, health care, and other related areas.