Making the MBA an even better value: new W. P. Carey scholarships
If you’ve ever thought about going back to school to try to advance your career and make more money, the W. P. Carey School of Business at Arizona State University offers some of the best values in education. In particular, its full-time MBA program has consistently been recognized as one of the best in the nation for “return on investment.” Recently, the school announced it’s adding a new scholarship program to make it even easier for some of the best students in the country to get an MBA through that program.
“We recently introduced the Wm. Polk Carey Memorial Scholarship Fund to help successful applicants for the full-time MBA program cover the costs of education,” says Robert Mittelstaedt, dean of the W. P. Carey School of Business. “Last year, Bloomberg Businessweek ranked our full-time MBA program among the Top 20 in the world and the Top 10 in the U. S. for ‘return on investment,’ indicating superb value. However, we still wanted to push even further to help more deserving students access a highly ranked MBA program.”
The Bloomberg Businessweek article pointed out that students completing the W. P. Carey School’s full-time MBA program could see an annual pay increase of about $40,000. It also indicated that it would likely take less than five years for a W. P. Carey full-time MBA student to recoup all the costs of getting an MBA, including the salary the student gives up to go back to school full-time.
The school’s full-time MBA program is known for high quality. It is currently ranked among the Top 30 “Best Graduate Schools” for business in the nation, according to U.S. News & World Report. It was one of the two least expensive programs in the entire Top 30 this year. In addition, it’s recognized for its personalized feel, with small class sizes. Students can specialize in multiple areas of emphasis, including finance and supply chain management, a field in which the W. P. Carey School consistently ranks Top 10 in the nation. This year, 89 percent of the school’s full-time MBA students were employed within 90 days of graduation.
The new scholarship fund is named after the school’s benefactor, real estate investor and acclaimed philanthropist Wm. Polk Carey, who donated $50 million to the school in 2002-2003. Carey passed away in January, but his generosity continues to be felt by students. Now, every applicant to the W. P. Carey School’s full-time MBA program will be considered for the scholarship money, which could completely cover the program’s costs for the very best students. No additional application is required.
For more information on W. P. Carey MBA programs, visit www.wpcarey.asu.edu/mba.