Schwarzman Scholars (Chinese: 苏世民学者; Pinyin: Sūshìmín Xuézhe), is an international scholarship program founded by American financier Stephen A. Schwarzman, co-founder and chairman of the asset management firm Blackstone Group. The program is intended to launch in June 2016, upon completion of Schwarzman College at Tsinghua University (THU), located in Beijing, China. The college was designed by Robert A.M. Stern, Dean of the Yale School of Architecture and will host 200 elite scholars annually from the U.S., China and other countries around the world for a one-year master's degree at Tsinghua University.
Mission and History
Schwarzman Scholars was conceptualized to help future leaders better understand China and provide them with the firsthand knowledge and relationships necessary to foster collaboration and cooperation between nations. Schwarzman believed it was necessary for future leaders to better understand China, its history, culture, economy and motivations. By fostering greater cooperation between the East and West he hopes to forge future geopolitical stability.
In 2014, Schwarzman Scholars held four recruitment launch events in New York (at the Morgan Library & Museum), Singapore (introduced by National University of Singapore President Tan Chor Chuan), London (at the Tower Bridge introduced by Oxford University Vice-Chancellor Andrew D. Hamilton), and Palo Alto in the San Francisco Bay Area (on the campus of Stanford University).
Schwarzman Scholars Admissions Director stated that the leadership program is looking to attract future leaders. "Schwarzman Scholars are risk takers. They're people who see how the world is changing and are willing to do something different to shape that change."
Schwarzman Scholars will study for a one-year Master’s Degree in Public Policy, International Relations, Economics & Business at Tsinghua University. Scholars will live in Beijing for a full year of study and cultural immersion, traveling the country, engaging with world leaders and developing a better understanding of China and its people through first hand experiences.
Approximately 45% of the participants will come from the U.S., 20% from China and 35% from the rest of the world. Students apply directly to the program and are not required to obtain a nomination from their university. The Institute of International Education in the U.S., which administers the Fulbright Scholarships, will initially be responsible for the international and American selection processes.
The inaugural cohort of 111 Scholars was announced on January 10,selected from a group of roughly 3,050 applicants. The cohort includes 5 graduates of Princeton, 5 from Yale, 3 from MIT, 2 from Brown University, 2 from The University of Chicago  2 from Dartmouth College and 6 from Harvard. One of the awardees was John R. Thornton, the son of former President of Goldman Sachs John L. Thornton who also serves as an honorary member of the Advisory Board.
Stephen A. Schwarzman is Chairman, CEO, and Co-Founder of Blackstone Group, now one of the world’s largest alternative asset managers with $210 billion assets under management. Schwarzman has been involved in all phases of the firm's development since its founding in 1985. He is also an active philanthropist, with a history of supporting education, schools, and universities.
- Tsinghua University's Schwarzman College
- Rhodes Scholarship at Oxford University
- Gates Scholarship at Cambridge University
- Marshall Scholarship for any university in the United Kingdom
- Yenching Scholarship at Yenching Academy of Peking University
- "Program". Schwarzman Scholars. Retrieved 4 December 2013.
- "College". Schwarzman Scholars. Retrieved 4 December 2013.
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- Schwarzman Scholars website
- Donald Markwell, 'The Rhodes Scholarships of China?', reprinted in "Instincts to lead": on leadership, peace, and education (2013)