Excellence Scholarship 2024
The BackPack Foundation Excellence Scholarship for Women is a prestigious program designed to empower women by providing them with the opportunity to develop the leadership skills necessary for advancing their careers. This initiative by the Swiss Foundation aims to support women who have faced significant challenges in their professional journeys, enabling them to reach new heights through education.
Overview of BackPack Foundation Excellence Scholarship 2024 for Women
The scholarship is targeted at talented and driven women who have encountered obstacles such as family obligations, forced migration, and financial constraints, which have hindered their ability to pursue higher education, particularly an MBA. This program offers a transformational experience, ensuring that the recipients gain the knowledge and skills required to excel in their careers.
Benefits of BackPack/IMD Masters Scholarship
- Full Tuition Coverage: The scholarship provides the maximum amount necessary to cover the full tuition fees of the IMD MBA program.
- Living Expenses: In addition to tuition, the scholarship includes coverage for living expenses, making it a fully funded opportunity.
- Partial Scholarships: There are also partial scholarships available, depending on the applicant’s needs and qualifications.
Eligibility Requirements
Priority will be given to female candidates who have experienced significant disruptions or limitations in their professional or personal lives. Examples include:
- Forced Migration: Women who have had to leave their homeland or home region due to conflict, natural disaster, or persecution.
- Family Obligations: Women who have had to put their career aspirations on hold due to family responsibilities.
- Financial Constraints: Women who have been unable to afford higher education due to financial difficulties.
Selection Process
The selection process is thorough and designed to identify candidates who not only meet the criteria but also show exceptional promise. Here’s a breakdown of the process:
- Application Submission: Candidates must apply for the scholarship in parallel to their IMD MBA application.
- Evaluation: The admissions team reviews all applications, focusing on candidates who demonstrate the potential to excel despite past hardships.
- Final Decision: Selected candidates will be informed of their acceptance into the IMD MBA program and the scholarship.
- Acceptance: Candidates must confirm their acceptance and pay a non-refundable deposit to secure their seat.
Application Documents
Applicants will need to submit the following documents:
- Degrees and Transcripts: Academic records from previous institutions.
- GMAT or GRE Score: Standardized test scores are required for MBA admission.
- Resume: A one-page resume using the IMD CV template.
- Recommendation Letter: One business-related recommender who can attest to the applicant’s qualifications and potential.
How to Apply
Interested and qualified candidates should visit the BackPack Foundation website to apply. Here are the steps:
- Submit a 500-word essay: Candidates must write an essay on the topic: “Tell us how an MBA at IMD will be truly transformative for you and indirectly for other women in your communities, and what are your main learning objectives.”
- Deadline: Applications must be submitted by July 1, 2024.
- Confirmation: Recipients will be confirmed by September 1, 2024.
Additional Information
For more details on the BackPack Foundation Excellence Scholarship for Women, visit the BackPack Foundation website. This opportunity not only provides financial support but also empowers women to become leaders and change-makers in their communities, fostering a ripple effect of positive impact.
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