Free M.B.A. - Black Enterprise
Black Enterprise Magazine July/August 2018 Issue

In an effort to increase the number of African American in business school, the University of Kentucky’s Gatton College of Business and Economics is awarding full scholarships to qualified African Americans to pursue on M.B.A. degree.

The African American Scholars Program was developed in response to the school’s historical difficulty in recruiting African Americans to its M.B.A. program. “The campus had the reputation — deserved or not — of not being user friendly to African American,” says Dean Richard Furst.

In an effort to overcome that image, the program offers scholarship winners full tuition, a $10,000 stipend and a guaranteed summer internship with a Kentucky based company. There are no set minimum requirements, all scholarship applicants are evaluated on an individual basis. Today, 18 African American scholars make up more than 10% of the full-time students at the business school, up from three in 1994. Degree concentrations are offered in banking, real estate and finance; marketing and distribution and information systems management.

For more information, contact Michael Tearney, associate dean/administrator, African American Scholars Program, the University of Kentucky Gatton College of Business and Economics, Lexington, KY 40506- 0034; 606-257-3592; or e-mail

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