(Columbia, S.C.) — Two University of South Carolina Darla Moore School of Business International MBA students from South Carolina and underrepresented backgrounds will benefit from a recently announced financial commitment from former financier Robert “Bob” Charles Pozen.
Pozen is a former president and vice chairman of Fidelity Investments, a multinational Fortune 500 financial services corporation. Currently, Pozen is a senior lecturer for the MIT Sloan School of Management.
To enhance the Moore School’s diversity and inclusion efforts within the two-year full-time International MBA program, Pozen will sponsor two full-tuition fellowships for minorities. He specifically wants the students to be from South Carolina so they can earn their International MBAs and hopefully stay in the state after they earn their degree to positively contribute to South Carolina’s workforce.
“Pozen’s gift will not only provide the opportunity for two incoming International MBAs to pursue their goals of being business leaders but will add to the full-time MBA programs’ commitment to diversity and inclusion,” said Jennifer Ninh, the Moore School’s full-time MBA program managing director. “It’s important to continue building our ranks of minority business leaders and providing these Pozen Scholars with equal opportunities to fully participate in the program without the worry of significant tuition costs.”
Ninh said the Pozen Scholars support is especially impactful for the International MBA program, which requires all students to do an extended international immersion to experience the language, market and culture of their chosen destination more fully in their second year; Pozen’s gift will ease the financial burden of paying for their time abroad.
Pozen has made similar gifts to other SEC schools, including the University of Alabama, University of Florida, University of Mississippi and the University of Georgia.
“I believe that helping in-state minorities obtain their MBA will lead to a more diverse business community in each of these states,” Pozen said.
The Pozen Scholars program aligns well with the Moore School MBA’s commitment to encouraging a more diverse and inclusive culture, said Deborah Hazzard, the Moore School’s associate dean for diversity and inclusion. Currently, the International MBA program has a recruiter who is “laser-focused on trying to ensure we have a really robust representation of different identities” within the program.
“The fact of the matter is that organizations that are more diverse and more inclusive outperform those that are not; it’s important for us to leverage strategic investments in our programs, and those strategic investments should really go toward individuals who have been historically excluded,” Hazzard said.
The Moore School has already made recruiting minority groups a strategic priority and is ensuring strategic investments are made to help them be successful, Hazzard added.
These strategic plans, along with generous financial support like the Pozen Scholars, assist the Moore School in creating a diverse and inclusive environment within the MBA programs.
ABOUT THE DARLA MOORE SCHOOL OF BUSINESS
The Darla Moore School of Business at the University of South Carolina is among the highest-ranked business schools in the world for international business education and research. Founded in 1919, the school has a history of innovative educational leadership, blending academic preparation with real-world experience through internships, consulting projects, study abroad programs and entrepreneurial opportunities. The Moore School offers undergraduate, master’s and doctoral degrees, as well as distinctive executive education programs. In 1998, the school was named for South Carolina native and New York financier Darla Moore, making the University of South Carolina the first major university to name its business school after a woman. The Moore School’s undergraduate international business program has been ranked No. 1 for 23 consecutive years, and the International MBA program has been ranked No. 1 for eight years and in the top three for 32 consecutive years, according to U.S. News & World Report. Learn more at sc.edu/moore.
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