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External Partners Alumni Search Submit Return to home Search Search About About Olin Home Why Olin Equity, Diversity & Inclusion Leadership & Strategy News & Media Events Contact Us Programs Programs Home Explore Our Programs BS in Business Administration MBAs Specialized Master's Doctoral Executive Education Dual Degrees Faculty & Research Faculty & Research Home Faculty Directory Research Research Centers Olin Brookings Commission Olin Award Student Resources Student Resources Home Career Services Center for Experiential Learning Entrepreneurship Academic Calendars Student Organizations For Current Students For Military Veterans Admissions Admissions Home Scholarships & Aid Attend Program Events Visit Olin Ask a Student Student Profiles Request Information Refer a Candidate External Partners Alumni Scholarships: The means to ‘know what we may be’ August 9, 2018 By Mark Taylor 2 minute read Home News Scholarships: The means to ‘know what we may be’ Lord, we know what we are, but know not what we may be. &＃8212;Ophelia in Act IV, Scene 5 of Shakespeare's Hamlet Someone supposedly once complained that Shakespeare&＃8217;s&＃160;Hamlet is full of quotations, and indeed, many lines from that great work have become familiar phrases in the English language, from &＃8220;To be or not to be,&＃8221; to &＃8220;Alas, poor Yorick.&＃8221; One of my personal favourite lines from the play is, &＃8220;Lord, we know what we are, but know not what we may be.&＃8221; Olin is a place that addresses the promise of that theme for students who may pass through our doors &＃8220;knowing not what they may be.&＃8221; With our world-class faculty, our dedicated staff and our alumni, we&＃8217;re well able to help students know what they will be. The trick, of course, is helping them pass through our doors in the first place. That&＃8217;s where scholarships come into play. WashU&＃8217;s Olin Business School should be an elite institution, but never elitist. That means we want the best students in our community&＃8212;regardless of their financial means. Anyone with the ability, talent and potential should be able to benefit from an Olin education. A WashU education is by no means inexpensive, but this is not a new phenomenon. Even when National Council member Sidney Guller started earning his BSBA in 1943&＃8212;and the average US income was $2,000 a year&＃8212;Olin&＃8217;s $250 annual tuition was a tough nut to crack. At the time, scholarships were hard to come by. Guller worked at a local title company to make ends meet. That experience drove him to establish the Bobette and Sidney Guller Endowed Scholarship and many other gifts to the school. Increasing scholarship support was an important component of Olin&＃8217;s participation in the WashU&＃160;Leading Together&＃160;campaign, which closed in June. Building that support is vital to attracting talented and deserving students to our institution. Based on preliminary numbers from Olin&＃8217;s campaign, I&＃8217;m pleased to note that Olin supporters have contributed more than $31.8 million toward 94 new endowed scholarships&＃8212;double the number from 2009, before&＃160;Leading Together&＃160;began. Additionally, benefactors have contributed to an additional 266 named scholarships since 2010. I&＃8217;m looking forward to meeting one of our newest scholarship recipients. One MBA student this fall will receive a new scholarship that I&＃8217;ve established, the William Shakespeare Scholarship. Will was a great businessman as well as an artist, so I consider this a terrific nod to the way we think about approaching business problems from a variety of perspectives. Now, I&＃8217;ll be expecting our first recipient to join&＃160;The Dean&＃8217;s Players&＃160;at our next &＃8220;Shakespeare at Olin&＃8221; event. Who knows what he or she may be? Pictured above: Dean Taylor recording a video to introduce the Olin brand campaign that accompanies our strategic plan. Building scholarship capacity is an important piece of our strategy. About the Author Mark Taylor Mark Taylor joined Olin Business School on Dec. 1, 2016, as its dean, serving in that role until July 2022. He is one of the most frequently cited researchers in the areas of international finance and monetary economics in the world. He has served as an economist at the IMF and Bank of England; and as an investment fund manager for Barclays (now BlackRock). Previously, he was dean at Warwick Business School, UK, and a professor of economics at Oxford among other European universities and a visiting professor at NYU. 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