With the 2022 launch of the BackPack-Excellence Scholarship for Women, the Swiss foundation intends to help talented and driven women who have been displaced because of conflict, natural disaster, or persecution of their beliefs to obtain the leadership skills they need to advance in business or public life.
The aim of the scholarship is to give a woman who may have an atypical profile or background for an MBA candidate the chance to fulfill her leadership ambitions and gain valuable business and leadership skills.
“Nurturing women who against the odds dare to make a difference is at the heart of the BackPack Foundation’s values,” the BackPack Foundation Board said in a statement. “Through the BackPack-Excellence Scholarship for Women, we aim to contribute to the pursuit of a fairer and freer society by giving one scholar at a time the confidence and leadership skills to realize their goals.”
The BackPack-Excellence Scholarship for Women will award one scholar CHF 133,500 to cover the full tuition fees and living expenses of the IMD MBA program. Priority will be given to 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.
“The successful applicant should be committed to pursuing a meaningful career in leadership, and upon graduation will be expected to draw upon her skills to catalyze positive change,” said the Board’s statement. “Beyond contributing to the fulfillment of one purposeful leadership career at a time, Backpack aspires to attract women who can become pivotal leaders in their field, acting as role models for others to advance in business or in public life.”
IMD plans to implement a mentoring process to provide support and advice to the successful candidate.
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.
Location:
OnlineBenefits
Full scholarship of CHF 133,500 (tuition, fees & living expenses).
Eligibilities
- Priority will be given to 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.
- 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 women.”
Application Process
Scholarship applications are made through your admissions application form.
Before you apply to the program, they strongly recommend that you evaluate the investment needed and investigate the various financing options available to you.
To apply for this scholarship:
- Review the eligibility criteria for the various scholarship offerings to determine which ones you qualify for.
- Access the Financial Aid form from the finance section of your admissions MBA application form.
- Complete the form and check the box next to any scholarship(s) you meet the criteria for and wish to apply for.
- Ensure you submit all the requested documents, including the required essay.
Please note that typically, participants are only awarded one scholarship, and scholarships are reserved for those who are not sponsored by their company.
Application Deadline: July 1, 2023
Application ClosedOfficial link
