Thursday, November 3, 2016

INSEAD Nelson Mandela Endowed MBA Scholarships (Up to €20,000) for Africans to Study in France, Singapore and Abu Dhabi

INSEAD Nelson Mandela Endowed MBA Scholarships (Up to €20,000) for Africans to Study in France, Singapore and Abu Dhabi


INSEAD Nelson Mandela Endowed Scholarship

Course(s) Offered: Business Administration
Course Level: Masters (MBA)
Provider: INSEAD
Country to Study in: France, Singapore

Scholarship Description
INSEAD - The Business School for the World, in partnership with its MBA Class of '75 offers the INSEAD Nelson Mandela Endowed Scholarship to provide financial support for one or more African participants per year at INSEAD in perpetuity. 

Eligible candidates for the INSEAD Nelson Mandela Endowed Scholarship must be from a sub-Saharan African country and must have spent a substantial part of their lives in Africa.

INSEAD Scholarships are highly sought-after sources of financial assistance. They are limited in number and there is significant competition for each award. Qualified candidates are invited to apply for this award.

Eligibility
To be eligible for the Nelson Mandela Endowed Scholarship, candidates must be a national of a sub-Saharan African country and have spent a substantial part of their lives and received part of their prior education in Africa. 

Preference will be given to candidates who require proven financial assistance.

Selection criteria:
By way of their interests, activities and accomplishments candidates for this scholarship will need to demonstrate:
  1. outstanding academic achievement and promise
  2. aptitude for business and financial management
  3. strong likelihood of spending the better part of their working careers in Africa and
  4. a firm commitment to the goals of African development, understanding amongst peoples and public interest.
In awarding scholarships, INSEAD shall particularly seek candidates from southern Africa.

Eligible groups
Citizens of ANY sub-Saharan African country are welcome to apply

Participating Institution(s)
INSEAD - The Business School for the World (France and Singapore campuses).
(INSEAD runs a fully-integrated three-campus structure, with a Europe campus in Fontainebleau (near Paris), an Asia campus in Singapore, and a Middle East campus in Abu Dhabi.)

The MBA programme runs in parallel on the Asia and Europe campuses. 

Fields of study
Masters in Business Administration (MBA)

The accelerated 10-month curriculum develops successful, thoughtful leaders and entrepreneurs who create value for their organisations and their communities. With over 80 different nationalities in the classroom, no other business school offers such a multicultural experience. 

Number of awards
Not specified - one or more Africans are sponsored each year

Sponsorship duration
One year - the program duration is 10 to 12 months

Scholarship Benefits
Up to €20,000 will be awarded. In addition, the accelerated 10-month curriculum develops successful, thoughtful leaders and entrepreneurs who create value for their organisations and their communities.

Method of Application 
Interested applicants should complete their application and submit the required essay by the advertised deadline date (see below). Preference will be given to candidates who require proven financial assistance.

ESSAY TOPIC:
  1. In 350-400 words state why you wish to undertake the INSEAD MBA and why you feel it is relevant to your particular educational needs. Furthermore, explain how you envisage contributing to the future development of your country after graduation and discuss why you should be selected as the Nelson Mandela scholar in your class.
  2. In 200 words analyse what you consider to be the most significant issue relating to the society, politics, economics, or culture of your country or region today.
  3. In 150-200 words provide a concise but accurate description of your financial circumstances as well as a cash flow forecast for the year at INSEAD.
It is important to carefully read through the Scholarship application guideline, and to see the current INSEAD Nelson Mandela Endowed Scholarship page, and to visit the official website (link to it is below) for complete information on this scholarship application.

DEADLINES:
Each year, the submission of applications is for two classes -- the July class (starts in September) and the December class (starts in January). 

For the July 2018 class, application submissions for Round 1 OPENS 24th October 2016 and CLOSES 7th November 2016; while Round 2 applications OPEN 16th January 2017 and CLOSES 31st January 2017.

For the December 18 Class, application submissions for Round 1 OPENS 24th April 2017 and CLOSES 8th May 2017; while Round 2 applications OPEN 5th June 2017 and CLOSES 19th June 2017.

PLEASE NOTE:
To honour the life and work of President Nelson Mandela of South Africa, the INSEAD MBA Class of '75 created an endowment at their 30th Class Reunion to provide financial support for one or more African participants per year at INSEAD in perpetuity. At their 5th reunion the Class of '01J contributed to this important scholarship fund, as did the Class of '97D on the occasion of their 10th reunion and the Class of '69 at their 40th reunion. Recently the “Atlantic Group" in the Class of ‘99D contributed.

“Sound management education can harness Africa’s entrepreneurial culture”, commented Mr Mandela in support of this project. “I embrace INSEAD’s academic rigour and diversity, which will equip our scholars with the right management skills to drive Africa’s economic development. My hope and belief is that they will inspire a strong, globally integrated Africa”.

INSEAD is one of the world’s leading and largest graduate business schools. With campuses in Europe (France), Asia (Singapore) and Abu Dhabi, INSEAD’s business education and research spans three continents.

Application Deadline: 7 Nov 2016 || 31 Jan / 8 May / 19 Jun 2017
Open to International students: Yes

More Scholarship Information and Application

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