The IMD MBA Backpack Scholarship 2023-24

Scholarship Description:

The IMD MBA Backpack Scholarship 2023-24: A Gateway to Excellence in Leadership for Ukrainian Women

Introduction

The IMD MBA Backpack Scholarship 2023-24, fully funded by the Swiss foundation, is a unique opportunity for Ukrainian women who aspire to be leaders in business or public life. The scholarship is designed to help women who have experienced the hardship of displacement due to conflict, natural disaster, or persecution, and who may have believed that an MBA program was out of their reach.

About the IMD MBA Program

The one-year full-time Master of Business Administration (MBA) degree program at IMD in Lausanne, Switzerland, is a transformative journey that offers the chance to develop reflective and responsible leadership skills in an innovative, entrepreneurial, and global business environment. The program has been recognized as Europe’s best by both Bloomberg Business Week and Forbes, making it a highly sought-after opportunity for aspiring business leaders, particularly from Ukraine.

Degree Level:

The IMD MBA Backpack Scholarship 2023-24 is a golden opportunity for Ukrainian female students is available to undertake Masters’s level programs at IMD Switzerland (International Institute for Management Development).

Available Subjects:

The following subject is available to study under this scholarship program.

• Business Administration

Scholarship Benefits:

Program Fees and Expenses

The tuition for the IMD MBA program is CHF 80,000, with additional mandatory fees of CHF 17,500 covering all program and project-related expenses for the year. This includes access to IMD’s world-class campus facilities and services, travel accommodation for all IMD-organized projects, leadership career coaching, all books and learning materials, and fully equipped MBA-dedicated study rooms. The full breakdown of the program fees, payment schedule, and estimated living expenses can be found here.

Eligible Nationalities:

Students from all nationalities, the female who has been displaced. The BackPack Foundation Board expects the successful applicant to be committed to pursuing a meaningful career in leadership. Upon graduation, the recipient will be expected to draw upon her skills to catalyze positive change. The foundation aspires to attract Ukrainian women who can become pivotal leaders in their field, acting as role models for others to advance in business or in public life.

For more information about the scholarship, please contact mbafinance@imd.org. The IMD MBA BackPack-Excellence for Women will be managed and administered by the IMD Scholarship Foundation, established in accordance with Article 80 of the Swiss Civil Code, with a registered office in Lausanne. The scholarship will be paid directly to IMD to cover the fees.

Eligibility Criteria:

The BackPack-Excellence Scholarship for Women aims to provide a transformational experience to talented and driven Ukrainian women who have been forced to flee conflict, natural disaster, or persecution at some point in their lives. The scholarship covers the full cost of the program, amounting to CHF 133,500, which includes tuition, fees, and living expenses.

Eligibility and Application Process

Priority for the scholarship will be given to Ukrainian female candidates who have experienced the hardship of being forced to leave their homeland due to conflict or natural disaster, or because they were persecuted for their beliefs. Applicants are required to submit a 500-word essay on the topic: “Tell us, how, as a displaced woman, an MBA at IMD will be transformative for you and indirectly for other Ukrainian women.”

Applications for the scholarship are made through the admissions application form. Applicants are required to review the eligibility criteria for the various scholarship offerings, access the Financial Aid form from the finance section of the admissions MBA application form, complete the form, and check the box next to any scholarship(s) they meet the criteria for and wish to apply for. All requested documents, including the required essay, must be submitted.

Key Dates and Deadlines

The deadline to apply for the scholarship is 1 July 2023, and the recipient will be confirmed by 1 September 2023.