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Laid-off tech workers can get help to pay for their MBA

Why it matters:

As tech layoffs ripple through the industry and bank failures create more, professionals have a new option for what's next in their careers.

As tech industry layoffs continue, Johns Hopkins Carey Business School is offering up to $30,000 in scholarships for professionals who find themselves with pink slips.

Qualified students can use the Carey Tech Fellowship to earn their MBA part-time in a flexible format that allows for online synchronous and asynchronous learning. Applicants need not submit GMAT or GRE scores, and Carey is waiving the application fee.

“We know how hard it is to face job loss,” said Assistant Dean for Admissions Kelly Farmer. “We want to make it easier for professionals to build for what’s next in their careers, and help remove the barriers to their next success.”

The scholarship funds are available for any of eight MBA specializations: Business Analytics and Risk Management; Digital Marketing; Entrepreneurial Marketing; Entrepreneurship, Innovation, and Technology; Financial Management; Health Care Management, Innovation, and Technology; Investments; and Public and Private Sector Leadership.

In addition to the benefits of an MBA, a degree from Carey Business School also opens graduates to the power of the Johns Hopkins alumni network. Carey MBA graduates are employed by Fortune 500 companies like Apple, Cardinal Health, Exxon Mobil, IBM, Johnson & Johnson, Lockheed Martin, and more. And Carey offers tailored career development assistance that can help graduates find their next great career move—which could be particularly helpful for tech industry professionals looking to make a change.

“This career move was a pivot,” said Shawna Fredericks (MBA ’20), who is now a senior consultant with the Optum Advisory Services group of UnitedHealth Group. “It is very easy to doubt myself. But my Carey career coach was a necessary vote of confidence for my skills and abilities.”

To qualify for the Carey Tech Fellowship, students must apply to start classes in fall 2023 and include several pieces of documentation, including a formal separation letter and an updated résumé that indicates the layoff from their last employer. To be eligible for the full $30,000 scholarship, they must remain continuously enrolled.

More information is available online at carey.jhu.edu/explore-Carey-tf-ptmba-rfi.

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