Nestlé Scholarship helps females through IMD MBA program.
IMD is one time again encouraging gifted females executives to apply for its annual Nestlé Scholarship, which offers CHF 25,000 towards the cost of the school’s prestigious MBA program.
“Like Nestlé, IMD strongly believes that there ought to be more females in management, and one way that they can contribute is by giving more females the chance to study at top business schools,” says Jim Pulcrano, an Executive Director at IMD. “We don’t require deserving females to put off studying at IMD due to the cost of the program, which is why the criteria for this scholarship include both academic excellence and financial need.”
The current scholarship holder, Rachna Dayal of India, selected IMD for its international point of view – something that he says is critical in an increasingly globalized marketplace. So far he’s found the program both intense and hectic. “This is nice, as I came here expecting no less,” says Dayal, who trained as an engineer before moving in to business development. “I think that IMD is doing an excellent job in preparing us for challenging careers. Management jobs today are complex and demanding, and IMD provides the right combination of tools that are helping us to create and grow as expert managers. I am also impressed by IMD’s willingness to help and support us in personal growth, which provides the right foundation for corporate leadership and responsibility.”
The Nestlé MBA Scholarship was established in 1996 after a team of females MBAs from the class of 1995 done a project called “Changing the shape of business” and then Nestlé gladly agreed to fund the scholarship.
Pulcrano noted the importance of having a major company such as Nestlé sponsor the scholarship. “Nestlé recognizes that it does not have as plenty of females in senior management positions as it would like, but it is committed to changing that balance through schemes such as this as well as its gender diversity program,” he said.
Eligibility: Women candidates who have already applied to the full-time IMD MBA program and who demonstrate financial need.
Employees of Nestlé and its subsiduaries are not elegible.
Criteria: 1) Acceptance into the IMD MBA Program
2) Submitting an essay discussing the issue:’Does diversity in management impact the bottom line? If so, how?(maximum 750 words)
Number of scholarships: One
Geographic region: Worldwide (with preference given to developing countries)
Applicants must have already applied to the full-time IMD MBA program, and will only be awarded one of our scholarships if they are first accepted into the program),
Who can qualify:
Criteria: Submitting an essay discussing the issue: ‘Does diversity in management impact the bottom line? If so, how?’
(maximum 750 words) essay template.
Need based: Yes: Submit MBA Financial Aid Application Form (DOC, 48kB).
Jury: The IMD MBA Scholarship Committee
Deadline: 30th of September 2010
IMD MBA scholarship conditions
Applicants must have been accepted into the IMD MBA program prior to their application.Our scholarship applications are essay based, with winning essays typically including the following features:
- Relevance to the essay title
- Organization and structure
- Fully developed arguments
- Personal element and/or passion
IMD reserves the right not to award a scholarship if the criteria are not met to the satisfaction of the jury/sponsors.