The USC Marshall School of Business has announced a $1 million gift from Andrew Tavakoli MS ’86 to support the Master of Business for Veterans (MBV) program.
The gift will establish and support the Andrew Tavakoli Family Endowment for MBV Students, an endowment fund that will provide tuition assistance to military veterans enrolled in the MBV program who demonstrate exceptional potential for leadership and impact in the business community. The fund will supplement the GI Bill to cover 100 percent of costs for as many students as possible.
“I truly appreciate Mr. Tavakoli’s support for our veteran students in the MBV program,” said MBV Program Director James Bogle. “In our conversations, it quickly became clear that Andrew recognizes the unique potential that former military leaders bring to the business community. He views this gift as a way to create a positive impact, not only in the lives of the individual students who will benefit from his generosity, but also in the way veterans apply themselves in business to do well for our country and our society.”
The MBV is a fully accredited, one-year graduate degree that was created specifically for military veterans, active duty, and reserve personnel. It is designed to leverage the management and leadership experience gained during military service, while equipping participants with formal business knowledge and critical thinking skills to help them transfer their skill sets to the business environment. Graduates leave with the ability to launch, manage, and grow a new business.
“My hope is that no qualified veteran or active duty personnel would ever be prevented from joining the USC MBV program for lack of financial resources,” said Tavakoli, who is founder and CEO of Tavaco Properties, a commercial property investment firm. “Dedicated leaders with the character, strength, and management abilities of veterans can significantly impact the betterment of the world, and the MBV provides the relevant skills — that business know-how — to empower them to launch new startups and lead large businesses while creating jobs in our country.”
Giving Back
Tavakoli is a member of Marshall’s Board of Leaders. In addition to his MS in Business Administration from Marshall, Tavakoli holds an MBA from California State University Long Beach and a BSEE degree in computer science from the University of Pittsburgh. He is a board member of the Los Angeles World Affairs Council.
According to Bogle, many MBV graduates take an entrepreneurial path and start businesses that provide a tangible benefit to society. Ty Smith MBV ’16 is a perfect example of the kind of student the Tavakoli Scholarship will enable Marshall to support.