The Knight-Bagehot Fellowship Program in Economics and Business Journalism was created at Columbia University in the City of New York in response to the growing public interest in financial news and the increasing demand for trained editors and reporters to cover the field of business and economics.
[1] In 1975,[2] under the leadership of Dean Elie Abel, the Columbia Graduate School of Journalism sought to address the problem of deficiencies in business news coverage by establishing the Walter Bagehot (pronounced badge-it) Fellowship, an intensive year-long program of instruction in economics and business for working journalists.
Also serving as directors were Christopher J. Welles (1977-1985); Mary Bralove (1985-1987); Pamela Hollie Kluge (1987-1990) and Pauline Tai (1990-1993).
Today, the Knight-Bagehot Fellowship is the only academic full-time degree-granting mid-career program for journalists devoted to the study of business and economics.
Fellows receive full tuition and a living stipend to attend Columbia for one academic year.