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Nestle MBA Scholarship for women from Developing Countries
There are various scholarships over the world which give preference to women candidates who want to pursue international MBA. In this article, I'll be listing down the details of the Nestle MBA Scholarship for women provided by the IMD Business School, Switzerland.
IMD Business School, Switzerland is a pioneer institute in providing executive education. They offer an MBA programme and each year they accept 90 experienced individuals with strong leadership potential; from over 40 different countries.
How to Apply
Candidates need to apply online and submit the necessary supporting documents:
1. IMD MBA Online Application Form - In the application form, candidate must specify the following details:
a. Candidate's orientation towards the business
b. Candidate's international experience or exposure
c. Candidate's achievements and projects handles
d. Candidate's experience in leading teams
d. Candidate's extra-curricular activities
e. Candidate's values and priorities
f. Clear career goals
g. Solid reasons and purpose for wanting to take an MBA
2. Three Letters of Recommendation
The three confidential letters of recommendation should highlight your overall personality, leadership skills and business achievements. This will give an extra edge to you while your application is reviewed by the panel.
The recommendation forms are provided in the online IMD MBA application form.
From the online application, you can email one recommendation form to each of your preferred recommender who then completes his/her form and sends it to IMD. It is mandatory to provide a letter of recommendation from your senior executive (who knows you well professionally and is aware of your professional goals) in case you are company-sponsored.
Always choose recommenders as the people who know you well, those who represent diverse facets of your professional life spanning various companies and years (preferably direct managers) and those who have shared an experience with you either in your professional career or an extracurricular activity (mentors, charity event coordinators, colleagues, etc).
3. Transcripts, degrees and diplomas
4. Official GMAT score or GRE
5. Signed certificates
6. Four passport photos
7. Application fee
Application Deadlines for 2012
IMD has given 5 application submission deadline dates, which are as follows:
1. February 1st
2. April 1st
3. June 1st
4. August 1st
5. September 1st
It is recommended to apply as early as possible.
Candidates would be interviewed in Singapore, if they have applied for the February 1st or April 1st deadline. In case the candidates have applied by the August 1st deadline, then they would be interviewed in Sao Paulo.
Off-campus interview dates (2012)
Singapore: 25 May
Hong Kong: 27 May
Sao Paulo: 8 September
Nationals of all non-European Community countries will need a 'Visa of Entry for Studies' in order to enter Switzerland. Each candidate is responsible for getting the visa, however IMD will provide all necessary paperwork required by the candidate's country of origin and will liaise with government officials as required.
Depending on the nationality and/or location, candidates may require longer than the average 6-8 weeks of visa processing. It is always better to check with the embassy so that candidates can apply by the earliest application submission deadline and can attend the off-campus interviews on the planned dates.
IMD offers scholarships to women of developing countries; who want to enroll in their MBA program. The Scholarship is known as The Nestlé Scholarship for Women and was first awarded in 1997. Mainly the scholarship is worth CHF 25000 and is given to one woman candidate worldwide (with preference to women of developing countries).
To apply for the scholarship, you need to submit a 750 words essay discussing the issue "Does diversity in management impact the bottom line? If so, how?". Applicants also need to submit an MBA Financial Aid Application Form. The deadline for scholarship applications is 30th September every year. Make sure that before you apply for the scholarship, you must have already applied for admissions using the MBA online application form and must have submitted all the required supporting documents.
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