INSEAD Nelson Mandela Endowed Scholarship
Description:
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 at their 10th Reunion. By way of their interests, activities and accomplishments candidates for this scholarship will need to demonstrate: (a) outstanding academic achievement and promise (b) aptitude for business and financial management (c) strong likelihood of spending the better part of their working careers in Africa and (d) 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. 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.
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.
Essay topic:
1) In no more than 600 words for all the questions that follow: 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) 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) Provide a concise but accurate description of your financial circumstances as well as a cash flow forecast for the year at INSEAD.
Amount of Award:
Up to €20,000
Scholarship Application Deadline:
11 February each year for the July Class (starts in August).
18 August each year for December class (starts) in January).
