Nashville, TN

Fisk University collaborates with Marsh McLennan in launching Black MBA fellowship program

Dex Walker

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NASHVILLE, TN — Fisk University has announced the introduction of RISE, a global MBA fellowship program in conjunction with the National Black MBA Association, in collaboration with Marsh McLennan, the world’s top professional services organization in the areas of risk, strategy, and people.

RISE, which stands for racial inclusion and social equity, is a first-of-its-kind program that will provide second-year Black MBA candidates and graduates in the United States, the United Kingdom, and Canada with an enriching curriculum of practical business knowledge and tools for advocating for social justice in the workplace.

The initiative is launched in honor of Marsh McLennan’s 150th birthday. The first batch of fellows will begin in September 2021 and will complete the program in May 2022.

“We’re committed to the principle of responsible capitalism and doing business in ways that generate a more just and compassionate world,” said Dan Glaser, President & CEO, Marsh McLennan. “RISE will help us form a more diverse, inclusive and vibrant Marsh McLennan and professional services industry.”

Marsh McLennan’s Executive Committee will participate in an intensive social justice session at Fisk University as part of RISE. The RISE executive module immerses leaders in a social justice agenda, allowing them to embrace their positions as inclusive leaders more thoroughly.

“Every successful business leader needs to understand the dynamics of risk, people and strategy issues. Increasingly they need to be fluent in the intersection of business and social justice as well,” said Nzinga Shaw, Chief Inclusion & Diversity Officer, Marsh McLennan. “Through RISE, we hope to foster a new generation of executives who will forge a leadership path in business and make our industries more equitable.”

The fellows will take part in an immersive social justice program at Fisk University, one of the nation’s historically Black colleges and Nashville’s oldest institution of higher learning, followed by an eight-month paid fellowship that will include thought-leadership and mentorship from Marsh McLennan executives and NBMBAA leaders.

The fellows will be expected to complete an assessment of their observations and how they envision their role in continuing to promote a social justice agenda at the end of the program.

Marsh McLennan’s Leading the Change project is assisting the firm’s diverse personnel in flourishing. The company recently pledged $5 million to fund select groups that advocate for the Black community, and it quadrupled its match for employee donations to these organizations.

Students interested in learning more about the fellowship or applying can visit http://mmc.com/rise.

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