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PhD Student Among 12 New Recipients of KPMG Foundation Scholarships

July 29, 2010
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A School of Business doctoral student is among 12 new recipients of scholarships awarded by the KPMG Foundation to minority accounting doctoral students for the 2010-2011 academic year. John Barrios, who begins the program this fall, will receive the $10,000 scholarship with is renewable annually for up to five years. The scholarship is among $470,000 in scholarships awarded to a total of 47 doctoral students this year. In addition to the 12 news awards, 35 existing rewards were renewed.

"This is a credit to John's hard work and impressive credentials, it is also affirmation that we are attracting a diverse and highly qualified set of students to our PhD program," said Andrew J. Leone, chair of the School's Department of Accounting and William P. Metzger Professor of Accounting.

Since 1994, the KPMG Foundation has awarded scholarships to 288 African American, Hispanic, 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, 183 of the scholarship recipients have completed their doctoral program and are professors at universities throughout the country, with an additional 60 students, including the 47 receiving scholarships this year, currently in a doctoral program or scheduled to begin one this fall.

"We are pleased to provide financial support, career guidance and other resources to each of these talented men and women as they move closer to fulfilling their dreams of becoming business professors," said Bernie Milano, KPMG Foundation president. "Over the years it has been a pleasure to see the impact the recipients of these scholarships have had on improving diversity in business schools and we look forward to the accomplishments of these 47 individuals."

The KPMG Foundation Accounting Minority Doctoral Scholarship program aims to further increase the completion rate among African American, Hispanic American and Native American doctoral students in accounting, and is part of a larger commitment by the KPMG Foundation to increase minority representation not only in accounting programs at colleges and universities, but in the American work force. The program complements The PhD Project, a separate 501(c) (3) organization that the KPMG Foundation founded in 1994, which recruits minority professionals from business into doctoral programs in all business disciplines. The PhD Project attacks the root cause of minority under-representation in corporate jobs: historically, very few minority college students study business as an entree to a corporate career. Diversifying the faculty attracts more minorities to study business and better prepares all students to function in a diverse workforce.

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