The has announced a grant of nearly $14.5 million from the Indianapolis-based to expand its MBA program in education leadership.
The foundation will use the funds to extend the — which was launched this summer at the with the goal of raising the quality and relevance of principal and superintendent education — and create similar programs at two other Indiana institutions. The selection of the two additional campuses will be announced by year's end.
Designed by faculty from UI's and , the thirteen-month program includes courses in data analysis, entrepreneurship, change leadership, communications and marketing, finance, law, human resources, and economic development. Each fellow is awarded a $50,000 stipend, which covers full tuition, technology, some living expenses, and a fully paid international travel experience. In exchange, fellows agree to serve in a leadership role in their school or district for at least three years and receive foundation-supported mentoring.
"Our country has shifted from a national, analog, industrial economy to a global, digital, knowledge-based economy," said Arthur Levine, president of the Woodrow Wilson Foundation. "This has profound implications for our education system and for the things leaders of schools, school districts, and charter organizations need to know and do. In this environment, a degree that applies the curriculum and content of an MBA to education promises to prepare a new generation of principals and superintendents to lead our schools and school districts in an era of dramatic change."