Olamileka OlamiIMD offers the BackPack Excellence Scholarship, Backpack Excellence scholarship aims at empowering talented women from all nationalities.
The BackPack Excellence Scholarship allows women to pursue a Master’s degree in Switzerland with the expenses of tuition and living allowances covered.
in this post, we will explain all that you need to know (details, requirements, and benefits) to successfully apply for the opportunity.
BackPack Excellence Scholarship Details:
The BackPack Excellence Scholarship offers a life-changing opportunity through the IMD MBA program, designed specifically to enable women to overcome barriers and realize their full potential in both their careers and communities.
The scholarship provides comprehensive developmental support, encompassing several key areas:
Transformational Leadership Program: The IMD MBA program itself is a transformative journey, dedicated to developing leadership skills, business acumen, and a global perspective. It equips women with the tools needed to lead effectively, make strategic decisions, and navigate the complexities of the modern business world. The curriculum is designed to challenge and inspire, fostering a deep understanding of diverse cultures and global markets.
Mentorship and Networking: Scholarship recipients gain access to an extensive network of accomplished mentors and alumni, who offer invaluable guidance and support throughout their careers. This network provides not only professional advice but also personal encouragement, helping women to navigate challenges and seize opportunities. The connections made through the program can open doors to new career paths, collaborations, and lifelong friendships.
Career Advancement: The combination of financial support, leadership training, and networking opportunities empowers women to break through barriers and achieve their full potential in their chosen fields. The financial aspect of the scholarship alleviates the burden of tuition, allowing recipients to focus fully on their studies and career development. The leadership training hones their ability to take on high-impact roles, while the networking opportunities connect them with industry leaders and potential employers, significantly enhancing their career prospects.
In essence, the BackPack Excellence Scholarship is more than just financial aid; it is a holistic support system that nurtures future leaders, fostering their growth and enabling them to make meaningful contributions to their organizations and communities. By addressing both the professional and personal development needs of women, this scholarship aims to create a ripple effect of positive change, empowering women to lead with confidence and drive impactful change in the world.
Eligibility Requirements for BackPack Excellence Scholarship 2024
To be eligible for the prestigious BackPack Excellence Scholarship, applicants must fulfill the following criteria:
- Gender and Personal Hardship: The scholarship is specifically designed for women who have faced significant challenges and disruptions in their professional journeys. These hardships may include, but are not limited to:
- Forced Displacement: Women who have been displaced due to conflict, natural disasters, or persecution. This includes refugees and those who have had to relocate due to adverse circumstances beyond their control.
- Family Obligations: Women whose career progression has been significantly impacted by family responsibilities. This can include caring for children, elderly parents, or other family members, which may have limited their ability to pursue career opportunities or further education.
- Financial Constraints: Women who have faced financial barriers that have restricted their access to education and professional development opportunities. This includes those from low-income backgrounds or those who have had to work multiple jobs to support themselves and their families.
- IMD MBA Admission Requirements: In addition to meeting the specific hardship criteria, applicants must also satisfy the standard admission requirements for the IMD MBA program. This includes:
- Strong Academic Background: Applicants should have a solid educational foundation, demonstrated through their academic achievements and qualifications.
- Professional Experience: Candidates should possess relevant professional experience that showcases their career progression and accomplishments in their respective fields.
- Demonstrated Leadership Potential: Applicants must exhibit potential for leadership, evidenced by their previous roles, responsibilities, and achievements in their professional and personal lives.
Benefits of BackPack Excellence Scholarship 2024
The BackPack Excellence Scholarship offers a range of substantial benefits designed to support recipients throughout their MBA journey and beyond:
- Full or Partial Tuition Coverage: The scholarship can cover the full tuition fees of the IMD MBA program, which represents a significant financial investment. In cases where full scholarships are not awarded, partial scholarships may be granted to alleviate a portion of the tuition costs.
- Living Expenses: Beyond tuition, the scholarship may also provide financial assistance for living expenses during the duration of the MBA program. This includes costs related to housing, food, transportation, and other essential needs, thereby reducing the financial burden on recipients and allowing them to focus entirely on their studies and professional development.
- Holistic Developmental Support: Recipients benefit from a comprehensive support system that includes mentorship, leadership training, and access to a global network of accomplished professionals. This holistic approach ensures that scholars are well-prepared to overcome challenges and excel in their careers.
In essence, the BackPack Excellence Scholarship not only alleviates financial stress but also provides a transformative educational experience, fostering the growth and development of women leaders who can make a significant impact in their communities and industries. By addressing both financial and developmental needs, the scholarship empowers women to reach their full potential and drive positive change on a global scale.
BackPack Excellence Scholarship Summary
The BackPack Excellence Scholarship offers an extraordinary opportunity for women who have faced significant hardships to pursue their MBA at IMD, located in the scenic and vibrant country of Switzerland. This scholarship is aimed at empowering women by providing them with the financial means and support necessary to advance their education and careers.
- Host Country: Switzerland
- Study Abroad: This scholarship allows recipients to study in Europe, providing an enriching international experience.
- Category: The scholarship falls under the categories of Postgraduate Scholarships and Masters Scholarships, specifically designed for those pursuing advanced degrees.
- Eligible Countries: The scholarship is open to applicants from all countries, encouraging diversity and inclusivity.
- Reward:
- Full Scholarship: The scholarship covers the entire tuition fee for the IMD MBA program, removing the financial barrier to this prestigious education.
- Living Stipends: In addition to tuition, recipients may receive stipends to cover living expenses, ensuring they can fully focus on their studies without financial stress.
- No IELTS Required: The application process does not require an IELTS score, making it accessible to a broader range of applicants.
- Deadline: The application deadline is July 1, 2024, giving prospective applicants ample time to prepare and submit their materials.
This comprehensive scholarship not only alleviates financial concerns but also provides a transformative educational experience in one of Europe’s leading business schools. By offering full tuition coverage and living stipends, the BackPack Excellence Scholarship aims to equip women with the skills, knowledge, and networks needed to become leaders and change-makers in their respective fields.
How to Apply for BackPack Excellence Scholarship 2024 (Step by Step)
To apply for the BackPack Excellence Scholarship, interested and qualified applicants should;
- Click on the button below to navigate the program’s webpage
- The first step is to apply for the IMD MBA program through their online application portal.
- Kindly submit your academic records, professional experiences, test scores, and other required documents.
- Alongside your MBA application, you’ll need to submit a separate application for the BackPack Excellence Scholarship.
- This stages involves writing a scholarship essay that highlights your experiences, challenges, and aspirations.
- The deadline for application is July 1st, 2024.
Deadline: July 1, 2024
Olamileka Olami
