Real Humans of the Drexel LeBow Class of 2019
Over 100 years since the founding of what would become the Drexel University Bennett S. LeBow College of Business, the business school, located in the heart of Philadelphia, has steadily transformed into one of the nation’s most dynamic landing spots for MBA candidates. Alongside the LeBow MBA, Masters and Executive programs, the school offers a highly—regarded part-time and Online MBA, both of which have been recognized among the best in the country by U.S. News & World Report and the Financial Times.
With so many acclaimed AACSB-accredited programs, its only natural that the LeBow College of Business would be cultivating an increasingly diverse MBA class. These students have an opportunity to study accounting, business analytics, supply chain management & logistics, economics, finance, general business and marketing, taught by over 100 full-time professors at the business school. Currently, around 3,800 students are enrolled in various graduate, undergraduate, and doctoral programs. An estimated 1,020 are enrolled in the graduate programs alone, making LeBow one of the largest private business schools in the country.
Outside Gerri C. LeBow Hall, the center of Drexel’s LeBow College of Business
Of the 3,800 aforementioned students at LeBow, approximately 450 come from 60 countries outside of the United States. The numbers, however, only tell a small story about the Drexel LeBow Class of 2019. To learn more about what it means to earn a graduate degree from LeBow, we interview five current students, who come from several corners of the world: from Asia, to Europe, to right here in Philly. Read on to see what’s in store for these students at LeBow and what life after an MBA and Masters may look like.
How Philadelphia MBA Programs Help Lower-Income Applicants
Compared to Philly’s east coast metropolitan peers, its cost of living is laughably low. Additionally, Philly has all of the advantages of being located smack dab between DC and NYC. Although Wall Street has long since displaced Philly as the American center for banking, much of that infrastructure and tradition remain, which helps Philly maintain its status as a major economic powerhouse in the 21st century.
Since, according to Philly Mag, Philadelphia has one of the fastest growing millennial populations in the country, the city has creativity and energy that permeates every sector. All of these factors make Philly the perfect place to launch a career.
For low-income students looking to pursue an MBA in Philly, we’ve compiled a list of what some of Philly metro’s top schools are doing to help students fund their higher education.
Fox School of Business — Temple University
The Fox School of Business at Temple University has a variety of options for students looking to finance their MBA. In fact, according to the school’s website, 60 percent of first-year Temple students receive need-based aid each year. On average, first year students receiving need-based aid are awarded $15,000 toward tuition. Fox carefully assesses the applications of all incoming students, and the school distributes merit-based scholarships for those who demonstrate particular promise. There are also specific financial perks for Temple alumni coming into the MBA program. These students are not required to pay an application fee and receive a five percent tuition scholarship.
JUST FOR YOU: Fox Temple EMBA Jumps in New Financial Times Ranking
Lehigh University College of Business and Economics
The Lehigh University College of Business and Economics provides a some merit-based scholarships to helps students fund their education. Awards are determined by the Committee on Financial aid. The committee considers an applicant’s undergraduate record, test scores, and work experience. Scholarships include the Dean’s Scholar, which offers extremely promising students a full ride plus a $10,000 living stipend.
Lehigh also has a number of Director’s Scholars, who may receive awards anywhere from $5,00 to full tuition. Lehigh offers many other scholarships in addition to need-based financial aid specific that varies depending on the MBA track.
LeBow College of Business — Drexel University
When considering Philly Metro MBA programs that provide resources for low-income applicants, it would be remiss not to mention Drexel’s LeBow College of Business. At LeBow, an impressive 82 percent of full-time MBAs get aid that amounts to 62 percent of tuition. Additionally, nearly 70 percent of full-time students benefit from grants that covered about one fifth their tuition. Drexel also offers merit-based scholarships. Additionally, the school offers the URM Scholarship, which offers supplemental fiscal gifts to underrepresented minority students.
Smeal College of Business — Penn State University
Penn State’s Smeal College of Business has a large number of MBA alumni-funded scholarships that are awarded based on academic achievement, work history, and how well students fit into the Smeal program. Around 20 percent of incoming students receive $5-10,000 awards. There are fellowships for specific groups of students, including the Powerful Women Paving the Way Fellowship which is awarded to promising women, and the Maimuna Mijindadi Anyone Memorial Fellowship, for students of Nigerian descent.
The Wharton School — University of Pennsylvania
Students who apply to Wharton are automatically considered for fellowships that offer some level of financial support. Students also have the option of applying to any of over 700 external fellowship programs. Wharton students can also apply for private or federal loans.
The Ivy League business school offers a litany of scholarship opportunities for incoming and current students, from the American Association of University Women, to the Instituto Ling Scholarship Program for international applicants, among others.
Additionally, Wharton hosts a positively booming array of fellowship opportunities, including some of MetroMBA’s favorites, like the Forte Fellowships program and the Reaching Out LGBT MBA Fellowship.
For more information on Wharton’s many financial assistance opportunities, click here.
Chef Marc Vetri, Lebow Alum, Discusses Recent Sale of Restaurant Group
Alison Young, of Drexel University’s LeBow College of Business Institute for Strategic Leadership, moderated a recent discussion with one of Philadelphia’s most famous restaurateurs.
Chef Marc Vetri spoke with Young and the audience about his recent groundbreaking move to sell his family of restaurants to the retail chain, Urban Outfitters.
LeBow Professor Writes Book About Programming Language
Drexel LeBow College of Business Assistant Professor Elea McDonnell Feit and Google researcher Chris Chapman recently published the book R for Marketing Research and Analytics. The two wrote the book in order to teach marketers the free open-source statistical programming language, R. Professor Feit spoke with LeBow about what the R language is and why it is important for business leaders to learn.
“R is a programming language that is designed specifically to work with data and statistics. When you are dealing with ever larger sets of data from increasingly diverse data sources, you really want to use a programming language to process and analyze the data. While it can be a bit more difficult to learn, switching to R will make analysts much more efficient in the long run and the analyses they produce will be much more reliable. R has become the most popular data analysis tool and is used in finance, statistics, economics and lots of other data-focused disciplines,” she said.
LeBow Professor Wins Outstanding Marketing Teacher Award
LeBow College of Business professor, Rajneesh Suri has been awarded the 2015 Lamb-Hair-McDaniel Outstanding Marketing Teacher Award from the Academy of Marketing Science. Professor Suri will join his two fellow 2015 awardees at the Academy of Marketing Science’s annual conference held in May. The winners will also serve as members of the 2016 Selection Committee. During the conference, Professor Suri and the other award winners will give a presentation that details their teaching philosophy.
The AMS Outstanding Marketing Teacher program was initiated in 1999 to recognize and reward excellence in teaching and to provide a forum for outstanding teachers to share their classroom success with colleagues. The award program is sponsored by Cengage Learning Lamb-Hair-McDaniel. Award winners receive a framed certificate and official recognition at the AMS annual awards lunch, make a presentation on teaching philosophy in a special session at the conference along with the other award winners and publish a one-page abstract on teaching philosophy or pedagogy in the conference proceedings.
LeBow Holds One-on-One Info Session for Malvern MBA
The LeBow College of Business at Drexel University will be hosting a One-On-One information session for its MBA at Malvern program. The event will be held Feb. 3 at the Drexel Malvern campus. The MBA program offered at Malvern is an accelerated MBA program. Prospective students can register for a 30-minute time to meet with the director of admissions and staff. Attendants can choose a time to meet from 10 a.m. to 1:30 p.m. or from 4 p.m. to 6:30 p.m.
During the 30-minute meeting, prospective students will have the opportunity to speak with the director of admissions and admissions staff about the MBA program at Malvern and have questions about the admissions process answered. Attendants are asked to bring a copy of their professional resume as well as any admissions materials they would like to submit or have reviewed by the admissions staff with them to the meeting.
