December 20, 2013

Foundation for African Leadership in Business (ALB) MBA Scholarship for Africans

Foundation for African Leadership in Business (ALB) MBA Scholarship

Course(s) Offered: Business admin
Course Level: Graduate (masters)
Provider: Foundation for ALB
Country to Study in: USA, Spain

Scholarship Description
The Foundation for African Leadership in Business offers fellowships to African citizens for completion of an International MBA. It aims to nurture socially responsible African Business Leaders by providing access to international business education programs and encouraging cooperation among Foundation members. In doing so, it promotes intercultural communications, investment in Africa and the exchange of ideas in the international business arena.

African Leadership in Business (ALB) offers scholarships to qualified residents of Africa who wish to obtain an MBA through one of its partner universities. Scholarship comes with great responsibility, and as such, ALB scholarships are offered as part of the ALB Fellowship Program.

The Foundation for African Leadership in Business aids in the development of Africa, partnering with top-tier MBA programs and corporations to create opportunities for African citizens to join international MBA programs across the globe. Scholarships are provided in the form of fellowships to African citizens with a demonstrated commitment to returning to Africa post-MBA.

The Foundation for African Leadership in Business aims to aid in the development of Africa, partnering with top-tier MBA programs and corporations to create opportunities for African citizens to join international MBA programs across the globe. Scholarships are provided in the form of fellowships to African citizens with a demonstrated commitment to returning to Africa post-MBA.
Eligibility
To qualify for the ALB Fellowship Program, applicants should demonstrate the following through their application:
  • A commitment to returning to their country after program completion
  • Strong professional background, including 3 or more years of work experience
  • Strong academic background, including completion of a Bachelor degree or equivalent
  • High competency in written and spoken English
  • Acceptance to an MBA program
  • Completion of the GMAT exam
  • All other requirements for admission to the partner school program 
Selection criteria:
Eligibility for scholarships is merit and need based.

Eligible groups
Citizens of ANY African country

Participating Institutions
Thunderbird School of Management, Glendale, Arizona; United States.
The Owen Graduate School of Management, Vanderbilt University, Nashville, Tennessee; United States.
IE Business School, Madrid, Spain.

Fields of study
Masters in Business Administration (MBA) at ALB partner universities

Number of awards
Not specified by provider

Sponsorship duration
For the whole period of the study program

Scholarship benefits
Thunderbird and ALB have partnered to offer a full-tuition MBA scholarship beginning in the fall of 2014. The ALB Fellowship comes with responsibilities that extend beyond the classroom, and only those who are eager to accept these responsibilities should apply:
  • Return to Africa upon program completion: All ALB Fellows agree to work in Africa for at least 2 years, immediately following program completion.
  • Achieve academic success: All ALB Fellows are committed to academic excellence and integrity. Fellows work hard to achieve success in all coursework, and are committed to abiding by all program policies.
  • Represent their home country: ALB Fellows represent ALB and their country, and it is expected that they remember this at all times, working to improve understanding about their country’s culture and business environment, as well as encourage interest in African culture overall, participating in school events and becoming involved in the greater university community through clubs and other organizations.
  • Complete the ALB Fellowship Project: During the MBA, ALB Fellows partner with other students to develop a business plan for a social enterprise in their home community/country.
  • ALB Fundraiser: ALB Fellows commit to organizing a fundraiser during their program in order to raise funds for the ALB Social Enterprise Project Fund and for future ALB Fellowship Recipients.
  • Mentor Future ALB Fellows: ALB Fellowships open doors, and provide lifelong opportunities for recipients. Therefore, ALB Fellows are expected to be involved beyond completion of the ALB program, serving as mentors for future ALB Fellows, and contributing to the ALB community.
Method of Application
The mode of applying is online.

Candidates should take the following steps in order to apply:
  • Register as an ALB candidate via the ALB Online Registration.
  • Prepare for and take the GMAT exam. You should allow at least 6 – 8 weeks of daily study to properly prepare for the GMAT exam.
  • Apply for and gain admission to an MBA program through one of the university partners.
  • Complete the ALB Fellowship application. Please note that the application will not be available until you have registered as an ALB candidate.
The ALB online application will ask for a number of supplemental documents. Please have these items ready before you start your application form:
  • Test scores from the GMAT exam.
  • Copy of Official Letter of Acceptance to an MBA Program or proof of submission
  • Official transcripts of all university level classes taken. At a minimum, transcripts must show proof of a completed Bachelor’s degree.
  • A resume showing all professional experience since completion of a Bachelor’s degree
  • Proof of citizenship of an African country. The ALB Foundation requires all applicants to be African citizens. All applicants must provide a copy of their birth certificate, passport or residency certificate. If this is not included the application will be ineligible.
  • Letter of Recommendation
  • Essay Responses
DEADLINES:
ALB scholarship application is due by January 30, 2014 (Thunderbird School of Global Management), November 15, 2013 (Vanderbilt University) and applications for IE Business School Scholarships are currently closed.

PLEASE NOTE:
Foundation for African Leadership in Business offers MBA merit and need based scholarship for African Citizens at ALB partner universities: Thunderbird School of Global Management, Vanderbilt University or IE Business School in USA.

Application Deadline: 30 January 2014
Open for International Students: No (ONLY Africans)

More Scholarship Information and Application

Related: Business Scholarships for International Students

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