In an effort to support a racially and ethnically diverse student population and help strengthen the pipeline of diverse CPA talent, The Ohio State University Max M. Fisher College of Business has announced its collaboration with the Deloitte Foundation in the Deloitte Foundation Accounting Scholars Program (DFASP).
Over the next six years, the DFASP expects to fund $30 million in scholarships for students pursuing a fifth-year master’s program in accounting from select Association to Advance Collegiate Schools of Business (AACSB)-accredited colleges/universities, including Fisher College of Business, in an effort to increase representation of racially and ethnically diverse students in these programs. Fisher and the Deloitte Foundation will cover 100% of tuition (excluding books and living expenses) for at least five selected Master of Accounting (MAcc) students.
“Ohio State’s modern land-grant mission is clear: to provide the educational and research opportunities that drive growth and build strong leaders, businesses and communities,” said Anil K. Makhija, dean and John W. Berry, Sr. Chair in Business at Fisher College of Business. “Fundamental to that mission are talent pipelines that are reflective of our society. We look forward to working with the Deloitte Foundation to reduce educational costs as barriers to a strong and diverse accounting workforce.”
The Deloitte Foundation Accounting Scholars Program
The DFASP is a critical tenet of Deloitte’s Making Accounting Diverse and Equitable (MADE), a $75 million commitment to generate more opportunities and leadership pathways for the next generation of certified public accountants (CPAs). MADE aims to transform the future of the accounting profession, combining both financial support and resources to help address the identified barriers faced by racially and ethnically diverse students, and support them as they chart their pathway from high school to business professional to leadership in the profession.
“Our Deloitte Foundation is laser focused on driving education initiatives that help prepare the next generation of diverse business leaders,” said Erin Scanlon, Deloitte Foundation president. “We are proud to fund the Deloitte Foundation Accounting Scholars Program as an important step in strengthening the pipeline of next generation CPA talent.”
Applications for the 2022-2023 school year will be collected this fall, with scholarships granted in 2022. Interested students should apply for admission to Fisher’s MAcc program following standard criteria and processes for admission, and then separately apply to be considered for the DFASP. Each school will select the scholarship recipients.