IMD MBA Future Leaders Scholarships
Every year, IMD supports about half of the MBA class by granting them scholarships or loans. The total amount of scholarships available each year is around CHF500'000 and CHF 1.3 million for loans.
The maximum financial aid awarded per admitted candidate is CHF 65,000.
As we cannot provide financial aid for everyone, we strongly recommend that you seek alternative sources where possible. Here are some options for external funding.
LOANS
We work with a Swiss bank to provide loans to candidates who demonstrate no alternative sources of funding. In order to apply you need to:
- Gain acceptance into the IMD MBA
- Confirm your intention to participate in the program by paying the advance deposit of CHF 15,000
- Complete the MBA Financial Aid Application Form and submit it to IMD
- Read and accept the Loans Conditions
Candidates with financial need are encouraged to submit their loan requests as soon as they receive an IMD MBA offer in order to accelerate a pre-assessment of their financial needs. The deadline to apply for loans is October 30 and November 15 for the September deadline applicants.
SCHOLARSHIPS
IMD offers a variety of MBA scholarships and applicants may apply to several simultaneously, however only one scholarship can be awarded per candidate. Scholarships are granted subject to nomination by the scholarship selection committee, acceptance into the program and confirmation of your intention to participate in the program by paying the advance deposit of CHF 15,000.
In order to apply please ensure that you :
- Use the IMD MBA Scholarship Template to write your essays
- Complete the MBA Financial Aid Application Form (when requested) and submit your full application to mbafinance@imd.org
All essays should reflect your personal point of view expressed in your own words, if necessary supported by proper citation.
IMD reserves the right not to award a scholarship if the criteria are not met to the satisfaction of the jury/sponsors.
The deadline to apply for any scholarship is September 30.
List of Scholarships
MBA Class Scholarship for Emerging Markets - CHF 200'000 (to be split between the winners of the scholarship)
For citizens of developing countries to enable young leaders who meet the following criteria to earn the IMD MBA degree.
- Demonstrate financial need by completing our Financial Aid Application
- Good academic results (GMAT)
- Strong reference letters
- Steady career progression
Staton Scholarship (x 1) CHF 50,000
For applicants from South America (with the exception of Brazil), on condition that the candidate returns to South America for at least three years after graduation.
- Demonstrate financial need by completing our Financial Aid Application and submit a 750 word essay on:
The role of entrepreneurship in moving my country forward and my contribution to that goal.
IMD MBA Future Leaders Scholarships (x 3) CHF 30,000
For applicants who demonstrate exceptional leadership understanding.
- Submit a 750 word essay on:
It has been said that success in business requires flexibility to be responsive, but also commitment to a recognized set of values. Discuss using your personal and professional experience.
IMD MBA Alumni Scholarships (x 5) CHF 30,000
One scholarship is awarded to a citizen, but not necessarily current resident, of each region: Asia, Africa/Middle East, Latin America, Eastern Europe and Western Europe/North America/Oceania
- Demonstrate financial need by completing our Financial Aid Application and submit a 1,000 word essay on:
Identify one issue in your region / country which you consider a priority to address. Why would you choose this issue? How would you, as a business leader, personally address it and ensure your action has a sustainable impact?
Essays should be personal and visionary, and include a clear description of how the solution could be implemented in a sustained manner.
Nestlé Scholarship for Women (x 1) CHF 25,000
Preference is given to women from developing countries*.
- 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?
*Employees of Nestlé and its subsidiaries are not eligible
Jim Ellert Scholarship (x 1) CHF 20,000
Preference is given to citizens from Africa, Central and Eastern Europe and the South-Eastern Asian Peninsula.
- Demonstrate financial need by completing our Financial Aid Application and submit a 500 word essay on:
Why I would like to do an MBA at IMD?
The quality of the admission application will also be taken into consideration
Stewart Hamilton Scholarship (x 1) CHF 20,000
For applicants who demonstrate an understanding of corporate governance and corporate responsibility.
- Demonstrate financial need by completing our Financial Aid Application, read the case study 'Hollinger and the Downfall of Conrad Black' and submit a 750 word essay on:
What failed in the Hollinger corporate governance system and what are your personal learnings from this case study?
IMD MBA Merit Scholarships (x 5) CHF 10,000
Awarded at the discretion of IMD's Admissions Committee at the time of offer to applicants who demonstrated exceptional qualities throughout the admissions process.
This opportunity has expired. It was originally published here:
http://www.imd.org/mba-admission-fees/#tab=3