ExxonMobil Gives Departmental Grants to Carnegie Mellon
ExxonMobil recently gave Carnegie Mellon $27,400 as part of the company’s Departmental Grants Program. As part of the gift, the Tepper School of Business received $5,000 for diversity scholarships, as well as $7,000 in unrestricted funds, which the school plans to use to support the Graduate Finance Association’s 2007 Corporate Finance Competition. In addition, the Department of Chemical Engineering received $11,400, and the Department of Mechanical Engineering received $4,000, both unrestricted amounts.
ExxonMobil’s Departmental Grants Program awards funds to educational institutions offering degrees in disciplines from which the company recruits employees. These awards are for educational purposes, such as scholarships, field trips, visiting speakers, equipment purchases, student and faculty travel to professional meetings, and other academic projects. The Departmental Grants Program offers department heads flexibility in earmarking funds for their greatest needs.
"The cultures of Carnegie Mellon and ExxonMobil are a good fit," said Greg Martin, Advanced Engineering Associate, Molecule Management Division for ExxonMobil Research and Engineering. “Students at Carnegie Mellon are used to working hard and having to perform. That fits well with our culture," said Martin, who presented the check to the head of the Department of Mechanical Engineering, Nadine Aubry (pictured). "The students from Carnegie Mellon are doing really well at ExxonMobil—they are top performers. We go back to what works.”
David Levy, Financial Reporting Manager for Exxon Mobil Corporation, added, "The relationship between Exxon Mobil and the Tepper School has a long and successful history. We are confident that the Tepper School will continue to produce the high-quality graduates who will excel in our company, and we look forward to building on our strong relationship as we work together on the many exciting opportunities that we both see for the future."