Top students from South America Brazil and Argentina looking to further their education will be able to attend MIT Sloan School of Management, thanks to a graduate fellowship fund recently established by Argentina citizen Gustavo A. Pierini, a 1987 graduate of the renowned US business school.

The fellowships to the MIT Sloan School's full-time MBA program will be offered each year to students from Argentina and Brazil. The first “Gustavo A. Pierini Fellowship” will be awarded to a student entering the program in August 2012.

David Schmittlein, dean of the MIT Sloan School of Management, said the fellowship will help the school to attract top students from South America and solidify MIT Sloan’s position as a global center for management education.

“We are very grateful to Mr. Pierini for establishing this fellowship,” Dean Schmittlein said. “Because of his generosity, students from Brazil and Argentina will have the opportunity to attend the MIT and the school will benefit from the talent and experience these students bring to the program.”

For sixty years, the MIT Sloan School of Management, based in Cambridge, Massachusetts, has been one of the world's leading academic sources of innovation in management theory and practice. With students from more than 60 countries, it develops effective, innovative, and principled leaders who advance the global economy.