Zell Scholarships for 2007-08 Awarded

Stephen Patrick Carlson and Enzo D'Angelo have been 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 is 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 is 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, and Rashmi's project was Vioxx: Too Risky for Merck?

Zell Scholarship Information for 2008-09

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 2008-2009 academic year is October 17,2008. Decisions will be announced before the end of that quarter. The Zell Scholars will receive half of the scholarship initially with the remainder paid upon completion of the proposed research project. 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
Evanston, IL 60208
Phone: 847-491-2752
Fax: 847-491-5719
Email: d-brauer@kellogg.northwestern.edu