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

Bennett Leckrone
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Updated on March 24, 2023
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The Johns Hopkins Carey Business School is offering scholarships of up to $30,000 for recently laid-off tech workers to pursue their MBA.
A view from Charles street of the grassy "Beach" and Milton S Eisenhower Library of the Johns Hopkins University; three male students, their backs facing the camera, sit on top of the marble university sign, other students sunbathing and playing catch on the grassy hill; the clock tower of Gilman Hall, a humanities building, peeks above the top of the library; Baltimore, Maryland, March, 2014. Courtesy Eric Chen. (Photo by JHU Sheridan Libraries/Gado/Getty Images).Credit: Image Credit: Eric Chen / JHU Sheridan Libraries / Gado / Getty Images

  • 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.