A year spent in China provides Scholars myriad experiences that create lifelong friendships and a valuable set of cross-cultural leadership skills. 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All Rights Reserved, This is a BETA experience. His goal was that the scholars would be like interpreters — helping explain Chinese culture and policies to the rest of the world, and vice versa. Because that’s where the leaders went, and so that was the right locus. Back in start-up mode in 2014, building Schwarzman College at Tsinghua University in Beijing. Archived. I cover the work and wealth of Europe's richest. Awards are made to 100-200 applicants per year, worldwide. Schwarzman Scholars/Yenching Academy - anyone applying? Schwarzman Scholars will prepare future leaders to interact in a constructive and collaborative way. Schwarzman Scholars is supported by a generous cohort of international Donors who have invested in the mission of the program and in the promise of our talented Scholars. © 2020 Forbes Media LLC. It seems like a great program for recent US graduates with minimal or only a few years of work experience who want to gain exposure to China. Schwarzman’s donation to the British university is the latest in a series of mega-donations to academic institutions. Chairman and CEO of the Blackstone Group Stephen A. Schwarzman (left) and PIMCO's co-founder William Gross (right) are among 13 billionaires who … Designed to prepare the next generation of global leaders, Schwarzman Scholars is the first scholarship created to respond to the geopolitical landscape of the 21st Century. Back in 2008 he gave $100 million toward a $1 billion project to expand the New York Public Library’s lion-guarded Beaux Arts building on Fifth Avenue, renamed the Stephen A. Schwarzman Building. Schwarzman, who in May donated $150 million to Yale for a new, state-of-the-art student center, is chairman and CEO of the private equity firm The Blackstone Group and has a net worth of $12.9 billion, according to Forbes. The program's creation underlines the tremendous importance of China and its market to Wall Street financiers and corporate leaders, who have becom! Originally Answered: What do you think of Schwarzman Scholars? Schwarzman is the chairman, CEO and cofounder of Blackstone, the world’s largest alternative investment firm. Schwarzman says he donated $100 million to start Schwarzman Scholars at Tsinghua because he feared the rising tide of populism in the United States would ultimately lead to a backlash against China. From our health and well-being to the future of work and manufacturing, AI will redefine the way we live, work, and interact.”. Schwarzman is Co-Chair of the Board of Trustees of Schwarzman Scholars. The rise of China presents both opportunities and challenges, as we become more intertwined economically and politically. Schwarzman scholarship is one of the highly paid scholarships in the world. The Schwarzman Scholars program was inspired by the Rhodes Scholarship, which was founded in 1902 to promote international understanding and peace, and is designed to meet the challenges of the 21st century and beyond. admissions@sc.tsinghua.edu.cn. Schwarzman Campus Application Instructions 2017. Schwarzman Scholars isn’t just about what you learn – it’s about becoming a leader and forming global relationships that can be activated over a lifetime. Worth of The Schwarzman Scholars Scholarship. The new facilities will include a 500-seat concert hall and a 250-seat auditorium as well as performance and exhibition spaces for music, dance and art. Notable bylines include an investigation into Switzerland's bi-lateral bonds to the European Union, and a journey through Bhutan - testing the hunger for democracy, and the love for their King. Specialized instruction from Tsinghua University faculty and visiting scholars will be combined with mentoring and internships. Those who will lead the future must understand China today. What happens to the displacement of workers—all these unexpected consequences?” he said. Schwarzman Scholars offers one-of-a-kind perspectives that you can’t get from a book. We need to ensure that its insights and principles can be adapted to today’s dynamic world. Schwarzman Scholars is the first scholarship created to respond to the geopolitical landscape of the 21st century. Schwarzman graduated from Yale in 1969. Posted by 6 years ago. I joined Forbes in May 2019. I studied at Goldsmiths, University of London and joined from Spear's Magazine, where I covered everything from the Westminster bubble to world of wealth management, private banking, divorce law, alternative assets, tax, tech and succession. © 2020 Schwarzman Scholars. His Schwarzman Scholars, inspired by the Rhodes Scholarships, sends students from around the world to a one-year master's program at China's Tsinghua University. The Schwarzman Scholar offers master degree scholarship to identify the most promising young leaders from around the world. The 71-year-old co-founder and CEO of one of the giants of private equity, the Blackstone Group, and a friend to President Trump, Schwarzman has amassed an estimated net worth of $12 billion. Schwarzman Scholars (Chinese: 苏世民学者; pinyin: Sūshìmín Xuézhě), founded by American financier Stephen A. Schwarzman, is a international postgraduate award program for students to study at Tsinghua University. Revealing further details behind the donation, Schwarzman told Bloomberg TV that the link between the humanities, especially philosophy, and AI is the “second piece” of the puzzle going “beyond the technical.”. In 2015 he pledged $150 million to Yale to establish the Schwarzman Center, a cultural hub designed by A.M. Stern Architects that is slated to open in 2020. “For nearly 1,000 years, the study of the humanities at Oxford has been core to Western civilization and scholarship. Stephen A. Schwarzman College of Computing, it was announced, would create 50 new faculty positions and multiple fellowships for graduate students. The Schwarzman Scholars program will pay all expenses for 200 students each year from around the world for a one-year master's program at Tsinghua University in Beijing. The Multi-millionaire businessman’s net worth, as of April 2019 is $14.6 billion. Schwarzman is a Republican. Schwarzman College of Tsinghua University hosted an opening ceremony on September 10 for the class of 2020-2021, a group of 131 young talents from 40 countries and regions. Former Prime Minister of Great Britain and Northern Ireland. Transcripts/academic records from every degree-granting college or university attended (undergraduate or graduate – must be combined into one PDF and then uploaded). In October last year, Schwarzman, donated $350 million for a new $1 billion college for the study of artificial intelligence at the Massachusetts Institute of Technology. A year spent in China provides Scholars myriad experiences that create lifelong friendships and a valuable set of cross-cultural leadership skills. At the time, the idea for Schwarzman Scholars was unproven, unprecedented, and, in many people’s eyes, impossible. Schwarzman Scholars application. Stephen A. Schwarzman with President Donald Trump. I am a wealth reporter at Forbes, based in London covering the business of billionaires, philanthropy, investing, tax, technology and lifestyle. In 2007, Mr. Schwarzman donated $100 million to the New York Public Library on whose board he serves. Stephen Schwarzman, the famously detail-oriented CEO and co-founder of the Blackstone Group, has placed a big bet on education -- and America's relationship with China. Our curriculum has been designed by leading academics and faculty to build students' leadership abilities and deepen their knowledge of China's role in global affairs. CEO and cofounder of Blackstone Stephen Schwarzman. An innovative leadership program will prepare students admissions@schwarzmanscholars.org. Instead, a new science and technology wing will carry his name. To receive occasional updates with news about the Schwarzman Scholars application process, curriculum, building and other program developments, please join our mailing list. Oxford’s longstanding global leadership in the humanities uniquely positions it to achieve this important objective,” said Schwarzman. Schwarzman Scholars’ world-class leadership curriculum was designed in collaboration with academic leaders from prestigious universities around the world. I studied at Goldsmiths. Political and economic views. Professor Louise Richardson, vice-chancellor of the university, said the donation, “will enable Oxford to remain at the forefront of both research and teaching while demonstrating the critical role the Humanities will play in helping human society navigate the technological changes of the 21st century.”, Oxford said Schwarzman's donation “recognises the essential role of the humanities in helping society confront and answer fundamental questions of the 21st century,” specifically artificial intelligence, which they claim “will challenge the very nature of what it means to be human and transform most aspects of our lives. Is it worth it? Schwarzman Scholars offers one-of-a-kind perspectives that you can’t get from a book. The program is intended to prepare the next generation of global leaders. US & Global Admissions. What I did with MIT was try to deal with the impact of AI on society, which will be immense. In 2018 he made the largest-ever gift by a philanthropist to a public high school when he announced plans to donate $25 million to his alma mater, Abington High School, in suburban Philadelphia. The students chosen to become Schwarzman Scholars will get a comprehensive scholarship. China Admissions. The program launched in June 2016, upon the completion of Schwarzman College at Tsinghua University, located in Beijing, China Schwarzman Scholars program is an international scholarship program founded by American financier Stephen A. Schwarzman. 0. Schwarzman scholars, chosen from 3,000 applicants from around the world, spend a year studying for a master's degree and living in Beijing at Tsinghua University, which hosts the program. Admissions Contacts. If transcripts are not in English, official translations must be included. Raised in Huntingdon Valley, Pennsylvania, Schwarzman is the son of a dry goods store owner and founded Blackstone with fellow billionaire Peter Peterson in 1985. 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