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Kurtz Family's $50,000 MBA Scholarship for SMEAL students

Penn State University's SMEAL College of Business has announced the David and Jennifer Kurtz MBA Scholarship, a $50,000 award for prospective MBA students.  The scholarship was created to encourage future business leaders to join SMEAL's MBA program.

This contribution was triggered by recent conversations with Dean Whiteman about making a difference to the MBA program.  The David and Jennifer Kurtz MBA Scholarship will contribute towards For the Future: The Campaign for Penn State Students – a campaign to raise $2 billion in funding by 2014 for Penn State University.

The goals of the campaign are guaranteeing access and opportunity for students, honors education enhancement, student experience enrichment, building up of faculty strength, nurturing creativity and discovery, and finally, sustaining the Penn's tradition of top quality. But the overriding priority is to ensure that the Penn State degree remains affordable while achieving these goals. The vision is to make Penn State the complete, student-centered research university in USA.

Reflecting on this, David J. Kurtz appealed to other Smeal MBAs to make similar gifts to support the initiative. David graduated from SMEAL with an MBA in 1992, starting his career in corporate finance, commercial lending and capital markets, working for Continental Bank and US Airways. Soon, the Entrepreneurial spirit took over.  David was a partner, and product manager at FNX Limited - a start-up capital markets software firm. Later, he found success in a staffing and recruitment firm, Management Recruiters of Plymouth Meeting. Currently, he is the Managing Director of KMS Capital Group, a private equity investment firm, which also serves as the family office. He is also an angel investor, actively helping more than 20 IT start-ups in the Mid-Atlantic area. David is also a Kurtz Family Foundation member as well as the William Penn Charter School Alumni Society board member.

Learn more about Penn State SMEAL MBA program

About the Author 

Atul Jose

I am Atul Jose, Founding Consultant of F1GMAT, an MBA admissions consultancy that has worked with applicants since 2009.

 

For the past 15 years I have edited the application files of admits to the M7 programs: Harvard Business School, Stanford Graduate School of Business, the Wharton School, MIT Sloan, Chicago Booth, Kellogg School of Management, and Columbia Business School, together with admits to Berkeley Haas, Yale School of Management, NYU Stern, Michigan Ross, Duke Fuqua, Darden, Tuck, IMD, London Business School, INSEAD, SDA Bocconi, IESE Business School, HEC Paris, McCombs, and Tepper, plus other programs inside the global top 30.

 

My work covers the full MBA application deliverable: career planning and profile evaluation, application essay editing, recommendation letter editing, mock interviews and interview preparation, scholarship and fellowship essay editing, and cover letter editing for funding applications. Full bio with credentials and admit history is here.

 

I am the author of the Winning MBA Essay Guide, the best-selling essay guide covering M7 MBA programs. I have written and updated the guide annually since 2013, which makes the 2026 edition the thirteenth.

 

The reason I still write and edit essays every cycle: a good MBA essay carries a real applicant's voice. Writing essays for F1GMAT's Books and Editing essays weekly is how I stay calibrated to what current admissions committees respond to.

 

Contact me for school selection, career planning, essay strategy, narrative development, essay editing, interview preparation, scholarship essay editing, or guidance documents for recommendation letters.