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Mary Anne Spellman & Jack McGrath Scholars Fund In Business

Mary Anne Spellman and John E. “Jack” McGrath (MSIA 1961) established this fund in 2004 to attract top students to the Tepper School of Business. Grateful for the financial assistance he received and the knowledge and credentials that prepared him for a highly successful career in business, Mr. McGrath established this scholarship as a way to provide similar opportunities to other students.

The McGrath Scholarship provides a two-year, full-tuition scholarship biennially to a student pursuing an MBA at the Tepper School of Business. The scholarship is awarded to a first-year student who exhibits an outstanding record of personal and professional achievement, as well as, exceptional leadership potential. We view the range of leadership skills as encompassing ethics, purpose, creativity, openness, team-orientation, optimism, strategic and analytical decision-making, and effective communication abilities. Recipients are highly aware of their strengths and areas of development, enabling their personal leadership and management style to be further developed during the Tepper School’s MBA program.

Booz & Company has established an additional scholarship fund at the Tepper School in honor of Mr. McGrath and other former partners who are also alumni of the Tepper School and Carnegie Mellon University.

Leadership Development at the Tepper School of Business

Today’s business climate is marked by shifting global trends, increased pressure from new and different competitors, as well as, the need to respond and adapt to change. We encourage potential MBAs to expand their views of “leadership” to include both thinking and performance. Leadership is earned, and leaders today understand that an integral aspect of assuming leadership roles is exceptional performance that is repeated via successively challenging assignments. It is through this type of progression that Jack McGrath built his career.

Tepper School MBAs understand this reality and they are trained in how to leverage teams, resources, information, and insight to advance their organizations. Our graduates know that these are the skills they need to become great leaders.

At the Tepper School of Business, leadership development begins during the four-week “BaseCamp” orientation program, which includes team-building activities, seminars on specific leadership-related topics, a group community service activity, and more. MBA students further develop their leadership and communications skills through the new Accelerate Leadership Center, which features personalized leadership coaching and customized workshops and leadership immersion training. In addition to their coursework, Tepper MBAs leverage their access to the worldwide Carnegie Mellon alumni network, frontline and C-Level business leaders via alumni networking events, corporate presentations, career exploration treks, and the W.L. Mellon CEO Speaker Series.


Prior to his retirement, Jack McGrath had a distinguished 45-year career at Booz & Company. During his tenure, he became a specialist in developing corporate renewal strategies and helped top management and boards of directors with significant transformation programs at some of the world’s largest consumer products. Mr. McGrath also served as a board director for 10 years, as well as in a number of leadership positions. Prior to joining Booz Allen Hamilton, Mr. McGrath worked for IBM. Before that, he served as a first lieutenant in the U.S. Army Ordnance Corps.

Mr. McGrath is deeply committed to many charitable organizations. He’s a loyal alumnus and generous supporter of the Tepper School, where he is a founding member of the Business Board of Advisors. He also serves as a life trustee of Carnegie Mellon University. Mr. McGrath has served on the boards of numerous nonprofit organizations, including the Great Lakes Theater Festival, the Mellon Center of the Cleveland Clinic, the Sisters of Charity Health System, and the Northeast Ohio Multiple Sclerosis Society, among others.

Mr. McGrath grew up in the Point Breeze neighborhood of the City of Pittsburgh. He earned a B.S. degree from the University of Notre Dame and an M.S. degree in industrial administration from Carnegie Mellon University.

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