WPI/Xerox Collaboration Funds MBA Fellowships
FOR IMMEDIATE RELEASE/March 10, 1998
Contact: WPI Media Relations, 508-831-5616
WORCESTER, Mass.-For the second time since 1996, Xerox Corporation has recognized the quality and value of WPI's graduate management programs and demonstrated its commitment to supporting the education of talented Hispanic students by providing funding for selected graduate students to gain access to the university's full-time master of business administration program.
The first two-year Xerox/MBA Fellowship was established with a $60,000 grant from the company and recently renewed for 1998-2000. The fellowship provides full-time tuition, a monthly academic-year stipend, and a paid summer internship with Xerox. Fellows also have the option of completing sponsored research work in conjunction with the MBA program.
Candidates must be U.S. citizens of Hispanic descent who have completed a bachelor of science in an engineering discipline and will become a full-time WPI MBA student. To date, two students, Javier Gonzalez of Carolina, P.R., and Felix Diaz from San Juan, P.R., have been awarded Xerox/WPI MBA fellowships. "My summer internship with Xerox exposed me to some of the disciplines that make a business run and was a great supplement to what I have learned in this program," says Diaz.
"Our applications-oriented MBA program familiarizes graduates with the 'big picture' perspective they need to be successful upper-level managers, as well as with the hands-on knowledge these professionals need to meet the day-to-day challenges of the workplace," says Norman Wilkinson, WPI's director of graduate management programs. "Our program ensures that students understand how to lead and manage in high-technology organizations, how to convert technology into new products and services of value to the market, and how to integrate technology into the workplace.Our graduates are prepared for leadership positions in organizations in the United States and throughout the world."
Headquartered in Stamford, Conn., Xerox is a global company that develops, manufactures and markets products and systems designed to make offices around the world more productive. Paul Allaire, the company's chairman and CEO, received a B.S. in electrical engineering from WPI in 1960. "As a WPI alumnus, I have experienced firsthand the value of a WPI education," says Allaire. "Xerox is pleased to offer these fellowships as a means of giving talented students access to the quality offered by WPI's graduate management programs."
WPI is an independent technological university founded in 1865. In 1997, U.S. News & World Report ranked WPI among the top 50 national universities in its Best Colleges Guide and 35th among the top national institutions in the magazine's Best College Values report.