BOSTON — Harvard Business School (HBS) announced today the first winners of its Life Sciences Fellowships. The Fellowship Program, established by the School in January 2008, awards $20,000 each to ten incoming MBA students with outstanding credentials from various disciplines in the life sciences. The annual merit-based Fellowships focus specifically on students interested in careers in life science-related businesses or organizations
The HBS Life Sciences Fellowship Program complements Harvard University's expanding efforts in the healthcare sector. For example, the University recently began construction of a new half-million-square-foot research and educational center near the HBS campus. This state-of-the-art facility will strengthen and expand collaboration among both HBS professors and faculty across the entire University to help address critical issues in biotechnology, healthcare, and related areas.
As part of its increasing focus on healthcare, in 2005 Harvard Business School established the Healthcare Initiative to serve as a gateway for healthcare research, educational programs, and collaboration. Priority is placed on applying the best principles of performance management and innovation to this complex industry. Through this Initiative, HBS strives to educate leaders in this field who will have an immediate and long-lasting impact.
"The synergy between business and the life sciences is of great interest and importance to both Harvard University and Harvard Business School," said Deirdre Leopold, Managing Director of MBA Admissions and Financial Aid. "The Life Sciences Fellowship Fund exemplifies the School's ongoing commitment to leveraging its academic strengths and resources to address the growing need for management and leadership skills in the healthcare professions." In addition, the Fellowship Program raises prospective students' awareness of the myriad opportunities and options made possible by an MBA degree.
The following members of the MBA Class of 2010 have received Life Sciences Fellowships:
Founded in 1908 as part of Harvard University, Harvard Business School is located on a 40-acre campus in Boston. Its faculty of more than 200 offers full-time programs leading to the MBA and doctoral degrees, as well as more than 80 open enrollment Executive Education programs and more than 60 custom programs. For more than a century, HBS faculty have drawn on their research, their experience in working with organizations worldwide, and their passion for teaching to educate leaders who have shaped the practice of business and entrepreneurship around the globe.