Nestlé Scholarship for Women at IMD MBA Program

August 20, 2010
Nestlé Scholarship helps females through IMD MBA program.

IMD is one time again encouraging gifted females executives to apply for its annual Nestlé Scholarship, which offers CHF 25,000 towards the cost of the school’s prestigious MBA program.
“Like Nestlé, IMD strongly believes that there ought to be more females in management, and one way that they can contribute is by giving more females the chance to study at top business schools,” says Jim Pulcrano, an Executive Director at IMD. “We don’t require deserving females to put off studying at IMD due to the cost of the program, which is why the criteria for this scholarship include both academic excellence and financial need.”
The current scholarship holder, Rachna Dayal of India, selected IMD for its international point of view – something that he says is critical in an increasingly globalized marketplace. So far he’s found the program both intense and hectic. “This is nice, as I came here expecting no less,” says Dayal, who trained as an engineer before moving in to business development. “I think that IMD is doing an excellent job in preparing us for challenging careers. Management jobs today are complex and demanding, and IMD provides the right combination of tools that are helping us to create and grow as expert managers. I am also impressed by IMD’s willingness to help and support us in personal growth, which provides the right foundation for corporate leadership and responsibility.”
The Nestlé MBA Scholarship was established in 1996 after a team of females MBAs from the class of 1995 done a project called “Changing the shape of business” and then Nestlé gladly agreed to fund the scholarship.
Pulcrano noted the importance of having a major company such as Nestlé sponsor the scholarship. “Nestlé recognizes that it does not have as plenty of females in senior management positions as it would like, but it is committed to changing that balance through schemes such as this as well as its gender diversity program,” he said.
The scholarship is open to accepted females candidates from around the globe (employees of Nestlé and its subsidiaries are not eligible) and preference is given to females who come from the developing world. IMD is determined to maximize the number of eligible females who benefit from its various financial aid packages, so judges from IMD and Nestlé, concentrate on candidates who won’t be receiving other scholarships. Candidates ought to submit a 750-word essay discussing the topic: “Does diversity in management impact the bottom line? If so, how?” Entries must be received by September 30.

Number of scholarships: One

Geographic region: Worldwide (with preference given to developing countries)

Who can qualify: Accepted women candidates who demonstrate financial need. Employees of Nestlé and its subsiduaries are not eligible.

Criteria: Submitting an essay discussing the issue: ‘Does diversity in management impact the bottom line? If so, how?’
(maximum 750 words) essay template.

Need based: Yes: Submit MBA Financial Aid Application Form (DOC, 48kB).

Jury: The IMD MBA Scholarship Committee

Deadline: 30th of September 2010

IMD MBA scholarship conditions

Applicants must have been accepted into the IMD MBA program prior to their application.Our scholarship applications are essay based, with winning essays typically including the following features:

Relevance to the essay title
Organization and structure
Fully developed arguments
Persuasiveness
Personal element and/or passion
IMD reserves the right not to award a scholarship if the criteria are not met to the satisfaction of the jury/sponsors.



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