Zell Scholarships for 2008-09 Awarded

Congratulations to Massimo Mancini and Jeff Schaeffer who have been chosen as recipients of the Zell Scholarships for the academic year 2008-09. They will receive an award of $25,000 each.

Massimo's project is entitled "Corporate risk hedging strategies and shareholders’ value creation: the Southwest Airlines case," and Jeff's project is "The Impact of FAS157 on the Risk, Investment Structure, and Performance of Market Participants Before and During the Financial Crisis."

Zell Scholarships for 2007-08 Awarded

Stephen Patrick Carlson and Enzo D'Angelo were chosen as recipients of the Zell Scholarships for the academic year 2007-08. They will receive an award of $25,000 each.

Stephen's project was entitled, "Covenant-Lite Bank Loans: What Will Be Their Implications in a Period of Significant Defaults, and Are Markets Correctly Pricing the Risk?", and Enzo's project was "Limited Partners’ Perceptions and Management of Risk in Private Equity Investing."

Zell Scholarships for 2006-07

Philip Ordway and Rashmi Singhal were chosen as recipients of the Zell Scholarships for the academic year 2006-07. They received an award of $25,000 each.

Philip's project was entitled "Risk Perceptions and Allocation Decisions of University Endowment Managers",(PDF: 557 KB) and Rashmi's project was "Vioxx: Too Risky for Merck?"

Zell Scholarship Information for 2009-10

The Zell Center for Risk Research sponsors two scholarships for students enrolled in the Kellogg MBA program in the amount of $25,000 each. All full time MBA students are eligible (1st and 2nd years).

Scholarship candidates are required to complete 6 course credits in the recommended Zell Center curriculum plus a research project on a topic related to the understanding of the way people perceive risk, the effects of these perceptions, or the management of risk. The Zell Center is interested in all aspects of risk, including financial, legal, operational, and governance aspects of risk and the behavioral and biological determinants of risk perceptions and decision making. The research project could be a substantive extension of a paper from another class, a case study in risk, or a completely new research paper. One option open to students would be to approach a faculty member about supervising an independent study in the spring quarter in order to complete the project.

Scholarship applicants should submit the following for consideration of the Zell Scholarships:

1) A current résumé,
2) A research proposal (approximately four to six pages) outlining, in detail, the research project topic, methods, and a faculty advisor. Preference will be given to projects for which faculty have committed to serve as an advisor.
3) Kellogg School transcript,
4) Transcripts from previous academic institutions (optional).

A note to potential faculty advisors
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The submission deadline for the 2009-2010 academic year TBA.

Decisions will be announced before the end of fall quarter 2009. Students awarded a Zell Scholarship may use a portion of it for reimbursement of documented expenses incurred for the research project: the balance will be paid upon satisfactory completion of the project which must occur no later than the 8th week of the spring quarter in which you graduate.

If you have questions about how the Zell Scholarship may affect your Kellogg aid package, please contact the financial aid office.

Please submit applications to:

Ms. Deborah Brauer
Kellogg School of Management, Northwestern University
2001 Sheridan Road, Jacobs 4229
Evanston, IL 60208
Phone: 847-491-2752
Fax: 847-491-5719
Email: d-brauer@kellogg.northwestern.edu