Thursday, April 29, 2010

ESMT Scholarships for Academic Excellence and More

In the past open day sessions and emails from our readers, we are often asked about MBA financing options. One of the common ways to finance your MBA study is to get a scholarship from the schools. Business schools want to attract the right candidates from various regions and those with unique experiences and qualities. As you research about the school, do look into their scholarships and apply from one of them.

I am currently doing my 1-year MBA at the European School of Management and Technology (ESMT) in Berlin, Germany. The school was founded in 2002 by 25 corporations with the purpose of offering the distinct European business experience in a classroom environment. I am in the fifth intake with 38 other students from 21 countries. Most, if not all, of us including myself, were offered a scholarship to finance our MBA.

A total of 11 scholarships are available for the full-time MBA program. In particular, I would like to share two relevant ones; mainly because they relate to GMAT score and Asian focus where majority of our readers are from. For others, please visit ESMT scholarships website.

ESMT Asia Scholarship

ESMT awards one prestigious scholarship to an outstanding male or female candidate applying to either program from an Asian country.

Program: Full-time MBA

Number of scholarships available: two

Value: € 25,000

Eligibility: Candidates with permanent residence in a South or East Asian / Australasian country

Requirements:
Candidates are required to submit a scholarship essay along with their complete application to the ESMT Full-time MBA program. Candidates will be expected to actively promote the school in the respective regions throughout and after their studies, e.g. by participating in the ESMT mentoring program.

ESMT Academic Excellence Scholarship

ESMT offers special-tuition scholarship to male and female candidates applying to the ESMT Full-time MBA program with an exceptionally strong GMAT score and a record of academic excellence at undergraduate level.

Program: Full-time MBA

Number of scholarships available: two

Value: € 25,000

Eligibility: All candidates with a GMAT score of 700+ are eligible to apply

Criteria: Candidates are to provide proof of a valid GMAT score (not older than five years) and a short essay (max. 300 words) stating why they qualify for this scholarship.


For more information on the scholarships, please contact the ESMT Head of Admissions, Ms. Stephanie Kluth at mba@esmt.org.

If you want to learn more about the full-time MBA program and my experience studying and living in Berlin so far, you're free to contact me at my Gmail address.


Jimmy Low

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