BLOOMINGTON, Ind. – One of the oldest historically Black fraternities in the country is partnering with Indiana University’s Kelley School of Business to increase the diversity of corporate leadership.
Kappa Alpha Psi graduates from around the world will be invited to apply for a Kelley fellowship program where they will attend the school’s in-residence Full-Time MBA Program. Those students will be considered “Kappa Alpha Psi Fellows.”
Each year, three fellows will receive full tuition to complete their fellowship, which will include applicants referred by the international headquarters and regional chapters. The school is also looking at covering costs for fellows to attend Kappa Alpha Psi conferences and waiving application fees.
Webinars and other opportunities will be created for undergraduate Kappa Alpha Psi members to learn more about careers in business.
“This partnership creates an exciting opportunity for Kappa men to share in the MBA experience at our birthplace and deepen the special bond that Kappa Alpha Psi and Indiana University share,” said Jimmy McMikle, the international Kappa Alpha Psi president and an IU alumnus.
Black IU students established the fraternity in 1911, and it has grown to host over 250,000 members and 642 active chapters, including in countries like the Bahamas, the United Kingdom and South Africa. Though predominantly a collective for men of color, the fraternity is open to anyone regardless of color, religion or national origin.
The school said it is seeking similar initiatives with other historically Black fraternities and sororities.