Johns Hopkins MBA Program Creates Scholarship for Laid-Off Tech Workers

The Johns Hopkins Carey Business School is offering scholarships of up to $30,000 for recently laid-off tech workers to pursue their MBA.
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Published on March 24, 2023
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  • Johns Hopkins in Baltimore is offering up to $30,000 to recently laid-off workers to pursue an MBA degree.
  • The program will allow students to pursue a degree part time in online asynchronous and synchronous formats.
  • Application fees will be waived for qualified prospective students, and GMAT and GRE scores aren't required.
  • Students will need to submit a separation letter and up-to-date resume as part of their application for fall 2023.

Tech giants Google, Amazon, and Meta have laid off thousands in recent months, but that turmoil is creating an opportunity for some of those workers to earn scholarships at top master of business administration (MBA) programs.

The Johns Hopkins Carey Business School announced last week it would offer up to $30,000 in scholarships to recently laid-off tech workers to pursue an MBA "in a flexible format that allows for online synchronous and asynchronous learning."

Application fees will be waived for prospective students, according to the release, and GMAT and GRE scores aren't required.

"We know how hard it is to face job loss," Kelly Farmer, assistant dean for admissions at Johns Hopkins, said in the release. "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."

Scholarships are available for eight MBA specializations, including:

  • Business analytics and risk management
  • Digital marketing
  • Entrepreneurial marketing
  • Entrepreneurship, innovation, and technology
  • Financial management,
  • Healthcare management, innovation, and technology
  • Investments
  • Public and private sector leadership

Students will need to apply to start classes in fall 2023 and submit a formal separation letter and an up-to-date resume that "indicates the layoff from their last employer," according to the release.

The release touts Johns Hopkins' career development efforts and vast alumni network in helping workers find their next opportunity.