KPMG Foundation Awards $450,000 in Scholarships to Minority Accounting Doctoral Scholars
by Terri Eyden on
By KPMG LLC
The KPMG Foundation announced it has awarded a total of $450,000 in scholarships to minority accounting doctoral students for the 2013-2014 academic year.
The recipients include eleven new recipients and thirty-four students whose scholarships have been renewed. Each scholarship is valued at $10,000 and is renewable annually for up to five years.
"The KPMG Foundation is proud of the very positive influence it has had in helping to increase the number of diverse faculty members at our nation's colleges and universities," said Jose Rodriguez, KPMG Foundation chairperson. "The Minority Accounting Doctoral Scholarship will play a critical role in transforming these forty-five talented students into educators who will shape tomorrow's business leaders."
Since 1994, the KPMG Foundation has awarded over $15 million to 320 African-American, Hispanic-American, and Native American scholars pursuing doctorate degrees, as part of its ongoing commitment to increase the representation of minority students and professors in business schools. Today, 213 of those scholarship recipients have successfully completed their doctoral programs and are professors at universities throughout the country.
KPMG Foundation also supports the PhD Project, a related program aimed at increasing the diversity of business school faculty. Since its inception in 1994, the PhD Project has increased the number of minority business professors from 294 to 1,217, and there are currently 361 minority doctoral student members of the PhD Project.
"Business leaders realize success by understanding the complexities of a global marketplace," said Rebecca P. Sproul, KPMG LLP's national managing partner of University Relations and Recruiting. "These lessons begin in the classroom, and diverse educational environments provide future leaders with the perspective that is necessary to thrive in their professions."
You may like these other stories...
Majority of House of Representatives urges leadership to preserve cash method of accounting for tax purposesA bipartisan majority of the House of Representatives – 233 members – has signed a letter urging House...
Tax friendly trusts swell under new rulesUS companies are latching onto an obscure real estate provision to avoid corporate taxes, widely adopting a financial maneuver that has been expanded under the Obama administration,...
The average annual salary for US finance and accounting professionals who have the Certified Management Accountant (CMA) credential has gone up slightly over the past year, according to the results of a new study from the...
Upcoming CPE Webinars
In this course, Amber Setter will shine the light on different types of leadership behavior- an integral part of everyone's career.
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.