Schwarzman Scholars

Schwarzman Scholars (Chinese: 苏世民学者; Pinyin: Sūshìmín Xuézhe), is an international scholarship program founded by American financier Stephen A. Schwarzman, co-founder and chairman of the asset management firm Blackstone Group.[1] The program launched in June 2016, upon the completion of Schwarzman College at Tsinghua University (THU), located in Beijing, China.[2][3] The college was designed by Robert A.M. Stern, Dean of the Yale School of Architecture and hosts up to 200 elite scholars annually from the U.S., China and other countries around the world. Scholars study for a one-year master's degree at Tsinghua University.[4]

Mission and History

Schwarzman Scholars was conceptualized in order to help future leaders better understand China, providing them with the firsthand knowledge and relationships necessary to foster collaboration and cooperation between nations. Steven Schwarzman believed it was necessary for future leaders to better understand China's history, culture, economy and motivations. By fostering greater cooperation between the East and West, he hopes to forge future geopolitical stability.[5]

In 2014, Schwarzman Scholars held four recruitment launch events in New York (at the Morgan Library & Museum), Singapore (introduced by National University of Singapore President Tan Chor Chuan), London (at the Tower Bridge, introduced by Oxford University Vice-Chancellor Andrew D. Hamilton), and Palo Alto in the San Francisco Bay Area (on the campus of Stanford University).[6][7][8][9]

Schwarzman Scholars Admissions Director stated that the leadership program is looking to attract future leaders. "Schwarzman Scholars are risk takers. They're people who see how the world is changing and are willing to do something different to shape that change."[10]

Program

Schwarzman Scholars will study for a one-year Master’s Degree in Public Policy, International Relations, Economics & Business at Tsinghua University. Scholars will live in Beijing for a full year of study and cultural immersion, traveling the country, engaging with world leaders and developing a better understanding of China and its people through first hand experiences.

Allocation

Approximately 45% of the participants will come from the U.S., 20% from China and 35% from the rest of the world. Students apply directly to the program and are not required to obtain a nomination from their university. The Institute of International Education in the U.S., which administers the Fulbright Scholarships, will initially be responsible for the international and American selection processes.[10]

Inaugural Cohort

The inaugural cohort of 111 Scholars was announced on January 10, 2016, selected from a group of roughly 3,050 applicants.[11] This makes it one of the most competitive fellowships in the world, with an acceptance rate comparable to the Rhodes and Marshall scholarships. The founding class includes 5 graduates of Princeton,[12] 5 students from Yale,[13] and 6 alumni of Harvard.[14] One of the scholars was John R. Thornton, the son of former President of Goldman Sachs John L. Thornton who also serves as an honorary member of the Advisory Board.[15]

Scholarship Founder

Stephen A. Schwarzman is Chairman, CEO, and Co-Founder of Blackstone Group, now one of the world’s largest alternative asset managers with $210 billion assets under management.[16] Schwarzman has been involved in all phases of the firm's development since its founding in 1985. He is also an active philanthropist, with a history of supporting education, schools, and universities.[17]

See also

References

  1. ↑ "Program". Schwarzman Scholars. Retrieved 4 December 2013.
  2. ↑ http://schwarzmanscholars.org/american-financier-stephen-a-schwarzman-endows-international-scholarship-program-in-china-2/
  3. ↑ "College". Schwarzman Scholars. Retrieved 4 December 2013.
  4. ↑ Bradsher, Keith (20 April 2013). "$300 Million Scholarship for Study in China Signals a New Focus". The New York Times. Retrieved 4 December 2013.
  5. ↑ "Schwarzman Scholars". Retrieved 4 December 2013.
  6. ↑ http://schwarzmanscholars.org/schwarzman-scholars-launches-recruitment-efforts/
  7. ↑ http://schwarzmanscholars.org/schwarzman-scholars-launch-event-in-singapore/
  8. ↑ http://schwarzmanscholars.org/schwarzman-scholars-launch-event-in-london/
  9. ↑ http://schwarzmanscholars.org/blackstone-ceo-stumps-at-stanford-for-his-scholarship-program-2/
  10. 1 2 http://schwarzmanscholars.org/admissions/
  11. ↑ http://www.nytimes.com/2016/01/11/business/dealbook/schwarzman-scholars-announces-inaugural-class-to-study-in-china.html?_r=0
  12. ↑ http://dailyprincetonian.com/news/2016/01/2-undergraduates-3-alumni-selected-as-schwarzman-scholars/
  13. ↑ http://yaledailynews.com/blog/2016/01/16/five-yale-students-named-schwarzman-scholars/
  14. ↑ http://news.harvard.edu/gazette/story/2016/01/6-named-schwarzman-fellows/
  15. ↑ http://www.ssp.tsinghua.edu.cn/column/ABOUTUS
  16. ↑ Wiliam Alden (April 18, 2013). "Public Offering Values SeaWorld at $2.5 Billion". The New York Times. Retrieved April 19, 2013.
  17. ↑ Pogrebin, Robin (11 March 2008). "A $100 Million Donation to the N.Y. Public Library". The New York Times. Retrieved 4 December 2013.

External links

  1. ↑ http://www.lowyinterpreter.org/post/2013/04/22/Schwarzman-Scholarships-The-Rhodes-Scholarships-of-China.aspx?COLLCC=1921561794&
  2. ↑ http://www.connorcourt.com/catalog1/index.php?main_page=product_info&products_id=256
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