Merit- and need-based IMD MBA Scholarships are given to applicants who have applied for and accepted an offer to enter the IMD MBA program as part of IMD’s commitment to encouraging the growth of diversity.
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The International Institute for Management Development (IMD)
Founded in 1946 by business executives for business leaders, the Institute for Management Development (IMD) is an independent academic organization with Swiss roots and a global presence. Since its founding, IMD has been a trailblazing force in creating leaders who change businesses and benefit society.
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IMD Scholarships
IMD MBA Scholarships are intended to inspire outstanding achievers from all around the world who may lack the financial resources to apply but who nonetheless possess the aptitude, drive, and enthusiasm the institute seeks. The aim is to assist you if you have the capacity and want to become a member of this exclusive group.
A number of IMD MBA Scholarships are available to support students from various regions. Some of these are given below:
The Hilti Scholars Program
The award helps the best MBA students with STEM backgrounds by paying nearly half of their tuition costs. This will make it possible for students with backgrounds in science, technology, engineering, and math to continue their studies at IMD.
| Amount | CHF 50,000 |
| Number of scholarships | 6 |
| Deadline to apply | 15 October 2024 |
| Criteria | Applicants should be able to demonstrate a strong STEM (science, technology, engineering, or mathematics) background |
| Essay | N/A |
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The Jebsen Family Global South EMBA & MBA Scholars Program
Two distinctive scholarship options are proudly offered by The Jebsen Family. By generously providing financial aid of up to CHF 50,000 to qualified applicants, the program seeks to promote diversity, equity, and inclusion in leadership roles.
1. Jebsen Family Global Scholars Program for Non-Profit Executives
By enabling the leaders of not-for-profit organizations to gain and improve effective leadership skills at IMD, this program seeks to increase the social impact of not-for-profit organizations. These need- and merit-based scholarships should at least in part be given to women.
| Amount | Up to CHF 50,000 |
| Number of scholarships | Multiple |
| Deadline to apply | 15 October 2024 (or any prior admissions application deadlines) |
| Criteria | Have a proven track record of serving in leadership positions within the non-profit sector |
| Essay | A letter of motivation, addressed to the Chair of the IMD Scholarship Foundation Awards Committee, describing the applicant’s future leadership aspirations with a particular emphasis on the importance of ethics in leadership. (maximum 1’000 words) |
2. Jebsen Family Global South MBA & EMBA Scholars Program
By awarding scholarships to MBA/EMBA candidates from the Global South, this program seeks to improve diversity, equity, and inclusion in leadership. These need- and merit-based scholarships should at least in part be given to women.
| Amount | Up to CHF 50,000 |
| Number of scholarships | Multiple |
| Deadline to apply | 15 October 2024 (or any prior admissions application deadlines) |
| Criteria | Originate from a country in the Global South |
| Essay | A letter of motivation, addressed to the Chair of the IMD Scholarship Foundation Awards Committee, describing the applicant’s future leadership aspirations with a particular emphasis on the importance of ethics in leadership. (Maximum 1’000 words) |
Visit here for more information.
Global South Nations
According to the United Nations Conference on Trade and Development (UNCTAD), the phrase “Global South” broadly refers to nations in the continents of Africa, Latin America and the Caribbean, Asia (excluding Israel, Japan, and South Korea), and Oceania (excluding Australia and New Zealand).
How to Apply for IMD MBA Scholarships
Through your admissions application form, you can apply for scholarships. In order to apply for this scholarship:
- You may find the Financial Aid Form in the MBA application’s finance section.
- Fill out the form, making sure to check the box next to any scholarships you want to apply for and that you meet the requirements for.
- Don’t forget to turn in the mandatory essay along with the other required materials.
Go here to Apply for IMD MBA Scholarships.
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