The International Institute for Management Development (IMD) business school Switzerland offers the following Merit and Need-based MBA Scholarships for students from Africa and developing countries..
Application Deadline: 31st May 2019 and 30th September 2019.
Offered annually? Yes
Eligible Field of Study: Masters in Business Administration
About IMD Scholarships IMD – International Institute for Management Development is a nonprofit Business School located in Lausanne, Switzerland. It is widely considered one of the world’s pioneers in Business education and consistently ranked as the top and very business school worldwide.
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The scholarships are as follows:
- Nestle Scholarship for Women (Need-Based)
- Emerging Market Scholarships CHF 20-60K
- Diversity Scholarships Africa, Asia, South America CHF 30K
- IMD MBA Class of 1976 Merit Scholarship CHF 50K
- Merit Scholarships CHF 20K
The IMD MBA scholarships aim to help you finance your year at IMD. You need to have already submitted your admissions application to the full-time IMD MBA program to be considered for one of the scholarships, and will only be awarded a scholarship if you are accepted into the program.
Nestlé Scholarship for Women (CHF 25,000 scholarship)
The Nestlé Scholarship for Women first awarded in 1997, was initiated by a group of IMD MBA participants who wanted to encourage women to take the MBA. The need-based scholarships aim to help women from developing countries finance your year at IMD.
Essay Topic
- Demonstrate financial need by completing our Financial Aid Application and submit a 750 word essay on:
“Many have argued that greater diversity in the Top Management team of an organization is good for profits and customers. What would you recommend as ways to achieve greater diversity?”
Emerging Market Scholarships CHF 20-60K:
For citizens of developing countries to enable young leaders who meet the following criteria to earn the IMD MBA degree.
- Submit Financial Aid Form at time of admissions application.
- Recipients confirmed at time of admissions offer.
- Criteria: citizen of a developing country, good academic results and GMAT score, strong reference letters, steady career progression.
IMD Diversity Scholarships Africa, Asia, South America CHF 30K:Â
- Submit Financial Aid Form and essay by June 15th.
- One scholarship awarded to a citizen of each area by July 15th.
- Criteria: apply to one of first three application deadlines.
- Essay: 500 words on “The role diversity and globalisation will play in my future career”.
IMD MBA Class of 1976 Merit Scholarship CHF 50K:
- Awarded to the best all-round applicant from the April deadline.
- Recipient confirmed at time of admissions offer.
- No scholarship application required
Merit Scholarships CHF 20K:
- Awarded to applicants who demonstrate exceptional qualities throughout the admissions process.
- Recipient confirmed at time of admissions offer.
- No scholarship application required.
Type: MBA
Selection Criteria: Candidates must have been accepted into the IMD MBA program prior to their application for scholarship.
The scholarship applications are essay based, with winning essays typically including the following features:
- Relevance to the essay title
- Organization and structure
- Fully developed arguments
- Persuasiveness
- Personal element and/or passion
Number of Scholarships: Several
Duration of Scholarship: Duration of the programme
To be taken at (country): Switzerland
How can I Apply?
Visit the Scholarship Webpage for details