The Association of MBAs (AMBA) will donate $50,000 worth of scholarships in celebration of its 50th Anniversary and ‘The Year of the MBA’ in 2017.
AMBA will award six scholarships, each of $8,333, towards the tuition fees of an AMBA
accredited MBA programme, with one recipient coming from each of the six continents (North America and the Caribbean, Europe, Latin America, Asia, Oceania and Africa).
In order to win the scholarship, student must be commencing an MBA programme at an AMBA-accredited Business School and will need to demonstrate that they share AMBA’s values in promoting sustainable and responsible management in an uncertain world and that they have strong potential for career advancement.
“With 23,500 student and graduate MBA members, from more than 150 countries and 245 accredited Schools from more than 85 countries, we are building the world’s most influential group of current and future organisation leaders and thoughts leaders,” AMBA Chief Executive Andrew Main Wilson said.
Scholarship recipients will also be chosen based on a demonstrated passion and drive to lead and make a positive impact in today’s diverse environment.
MBA students interest in the scholarship will submit a short essay outlining their commitment to responsible management and sustainability and discuss why this is important for the future of business.
The essay topic is:
Drawing upon evidence of your commitment and capability from your previous endeavours, discuss how you plan to use your MBA to develop your responsible leadership and affect sustainable and progressive change in business and society.
Essays will be reviewed by a panel of judges and from this, a shortlist of finalists will be drawn up. Finalists will then be interviewed by the judges to discuss their essay further and convince the judges that they would be a worthy recipient of the scholarship.
The judging panel will be comprised of deans from leading AMBA-accredited Business Schools, members of AMBA’s board and senior management team as well as representatives from leading global employers.
Mr Wilson said he believed the future scholarship applicants will be increasingly influential in creating a better and more sustainable future for our world.
“Business leaders over the next 20 years may prove to be more influential than politicians or military forces in solving many of the world’s problems,” he said.
“We want to encourage and support such future leaders and our $50,000 scholarship fund aims to help that cause in our 50th Anniversary year.”