Costas Graduate Fellowship

Rafael Costas earned his B.A. in Economics from UC Santa Barbara in 1986. He is the Senior Vice President of Franklin Templeton Investments and Senior Vice President of Franklin Resources, Inc. He has been with Franklin Templeton in various roles his entire career, starting in 1986. Rafael is also Co-Director of Franklin Templeton’s Municipal Bond Department.

Rafael established this fund in 2016 to support a graduate fellowship in the Department of Economics at UC Santa Barbara. The purpose of the fund is to provide financial support for new or continuing graduate students in the department.

Fellowship Recipients

Alshaikhmubarak, Hazem

Hazem Alshaikhmubarak

I am delighted to share with you that the recipient of the Costas Graduate Fellowship for the 2017-2018 academic year is Hazem Alshaikhmubarak, who has just started his second year in the doctoral program.

Hazem was born Saudi Arabia and was awarded his Bachelor of Arts in Accounting from King Faisal University (July 2010) with a 4.87/5.0 grade point average, which is equivalent to an A+ average. After this Hazem came to the United States to pursue and ultimately earn a Master of Arts in Economics graduate degree (May 2016) from San Diego State University. He graduated with a 3.89/4.0 grade point average. He is the first in his immediate family to obtain a graduate degree and the first to study abroad. Hazem started the Ph.D. program in Economics here at UC Santa Barbara in Fall 2016.

During his first year of the Ph.D. program, Hazem earned a 3.93/4.0 grade point average and was awarded the rare score of Ph.D. Pass with Distinction on the Microeconomics preliminary qualifying exam, which is one of three qualifying exams that all first year doctoral candidates must pass to continue on to the second year of the program.

During his first year of the Ph.D. program, Hazem earned a 3.93/4.0 grade point average and was awarded the rare score of Ph.D. Pass with Distinction on the Microeconomics preliminary qualifying exam, which is one of three qualifying exams that all first year doctoral candidates must pass to continue on to the second year of the program.

Now in the second year of doctoral studies, Hazem is enrolled in field specialization courses in Experimental/Behavioral Economic and Environmental & Natural Resources. He plans to use the knowledge gained through these courses to launch his dissertation research, and he hopes to work in academia and research after he graduates.