Business school to participate in ‘Kiplinger Prize’

The School of Business has been selected as a charter participant in the new Kiplinger Prize program created by The Kiplinger Foundation to recognize outstanding students at leading graduate schools of business administration throughout the nation.

The faculty and administration of the School of Business will select one exceptional student each year to receive the merit-based $5,000 Kiplinger Prize, in recognition of exceptional academic achievement during the first year of study.

“The Kiplinger Foundation has created or funded a number of programs in journalism and economic education during its 52-year history,” says Austin H. Kiplinger, president of the Foundation and chairman of The Kiplinger Washington Editors, Inc., a business and financial publishing firm. “This new program is a natural extension of this mission.” The Kiplinger Foundation is an independent, grant-making foundation established in 1948.

The UW–Madison School of Business is one of 18 business schools participating in this charter year of the Kiplinger Prize program. Each school will determine the method of selecting the recipient – through an application process or through nomination by the faculty and administration — in accordance with criteria established by the foundation:

• The prize is to be based entirely on merit, without regard to financial need.
• The recipient will have demonstrated academic excellence in the study of business management, with demonstrated qualities of leadership.
• The recipient will have a minimum 3.5 grade point average.
• The recipient will be a U.S. citizen or permanent resident.

The Kiplinger Foundation was established by W.M. Kiplinger, a business and economic journalist who founded The Kiplinger Letter, a weekly business forecasting publication, in 1923 and Kiplinger’s Personal Finance Magazine in 1947.

Other programs funded by the Foundation include the Kiplinger Program in Public Affairs Reporting at Ohio State University; the Kiplinger Chair in Economics at Cornell University; and public-policy seminars for mid-career journalists, conducted by the National Press Foundation in Washington, D.C.