IN Miami Herbert Business School on the University of Miami expanded its partnership with The project is intended – a program that attracts a wide variety of students to the real estate world – to award full scholarships to two Project Destined graduates to continue their schooling Accelerated MBA in Real Estate program.
The school has partnered with Project Destined, founded by the former Carlyle Group executive Cedric Bobo, from autumn 2020. University of Miami MBA students advise Project Destined undergraduate students who are enrolled in an internship program focused on funding, market research and real estate buying on real estate appraisals.
The partnership has now expanded and two students have been awarded full scholarships for an MBA with tuition and all costs. Two students, Alia St. Louis as well as Aminata Samhave already started an introductory six-month internship program and will begin attending classes in January. St. Louis graduated from New York Baruch College and Sam graduated City University of New York in May.
The scholarship is partially funded by Miami Herbert Business School. real estate advisory board, Andrea Hewson, academic director of real estate programs and professor of finance at Miami Herbert, told the Commercial Observer. Initially, the school planned to provide one scholarship, but after meeting St. Louis and Sam decided to increase the scholarship to two.
“When the interviews ended, one of the councilors said,“ These two women are such good candidates that we cannot choose between them. We’ll need to raise money for both of them, ”Hewson said.
Bobo, who founded Project Destined in 2016, was thrilled that his students were being offered the opportunity to advance their careers and that the real estate industry would have greater access to diverse and talented people.
“This is a great confirmation of the hard work of our students over the past year,” said Bobo CO. “If you want to create real estate leaders, give them access to the best programs and academic institutions in the world, and then watch them go. That’s what it does. “
Both Bobo and Hewson hoped the program would help attract more talent to the real estate industry, known for its predominantly white and more than 60 percent of the male population…
Bobo hopes to extend the program to other universities, and Hewson said she plans to continue the scholarship program in the coming years.
“We would like more schools to follow Miami’s lead,” Bobo said. “I think what they did is incredible … We will work very hard to make sure all of our students are aware of the University of Miami’s opportunities and support the school in developing partnerships with us.”