Stanford Africa MBA Fellowships in USA, 2017-18


Stanford Africa MBA Fellowships in USA, and applications are submitted till 7 June 2017.  Applications are invited for Stanford Africa MBA Fellowship from African students who have completed or be in the final year of completing, their university studies. Up to eight fellowships are award annually. Fellowship pays for tuition and associated fees (approximately US $145,000). Within two years of graduation from Stanford GSB, Stanford Africa MBA Fellows are required to return to Africa to work for at least two years in a professional role that contributes to the continent’s development. Full details:

School(Institutions/ Country): Stanford Graduate School of Business | USA

Level: MBA program

Field(s): Business Administration.

Deadline: 7 June 2017.  

Funded By: Stanford Graduate School of Business, USA

Beneficiaries(Target Groups): Stanford Africa MBA Fellowships are targeted for Students from Africa: Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Côte d’Ivoire, Djibouti, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Republic of the Congo, Rwanda,

 Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Western Sahara, Zambia and Zimbabwe can apply for these fellowships.

Benefits(Value/ Inclusions):

Award No: Stanford will award up to eight Stanford Africa MBA Fellowships annually.

Scholarship Duration: Stanford MBA Program is of two-year course of study.

Scholarship covers: The Stanford Africa MBA Fellowship Program pays for tuition and associated fees (approximately US $140,000) for citizens of African countries with financial need who wish to obtain an MBA at Stanford GSB. Stanford will award up to eight Stanford Africa MBA Fellowships annually.

Description

Africa is at the forefront of significant global economic growth and opportunity. Stanford GSB is excited to contribute to the region’s human and economic development by educating leaders committed to making an impact on the continent.

The Stanford Africa MBA Fellowships Program pays for tuition and associated fees (approximately US $145,000) for citizens of African countries with financial need who wish to obtain an MBA at Stanford GSB.

Stanford will award up to eight Stanford Africa MBA Fellowships annually.

Eligibility

To apply for  Stanford Africa MBA Fellowships, applicants need to meet the following requirements : 

‣ Applicants must be a citizen of an African country. Dual citizens are eligible for the fellowship as long as you hold citizenship of an African nation. 

‣ Residents of an African country who do not have citizenship belonging to an African country are ineligible at this time.

‣ Applicants must have completed, or be in the final year of completing, your university studies. If you studied at an undergraduate or graduate institution in Africa, we especially encourage you to consider applying for the Stanford Africa MBA Fellowship Program. African citizens who studied in countries outside of Africa are also eligible for the fellowship.

‣ Stanford Africa MBA Fellows must return to work in Africa, within two years of Stanford MBA graduation, for a period of at least two years. 

‣ Stanford MBA students pursue a wide variety of careers after graduation. As a Stanford Africa MBA Fellow, you will devote the management and leadership skills learned at Stanford to developing the African economy.

Selection Criteria for Stanford Africa MBA Fellowships

‣ Stanford Africa MBA Fellows must first be selected as finalists through the fellowship application process. Stanford will select up to 100 Stanford Africa MBA Fellowship finalists based on:

  • Merit
  • Commitment to developing Africa
  • Financial need

Merit

We evaluate three criteria when considering candidates for both the Stanford Africa MBA Fellowship and the MBA Program: intellectual vitality, demonstrated leadership potential, and personal qualities and contributions that will add to the class. To learn more about the requirements and qualities we seek in candidates in the Admission sectionof our website.

Commitment to Developing Africa

You must be a citizen of an African country. Dual citizens are eligible for the fellowship as long as you hold citizenship of an African nation. Residents of an African country who do not have citizenship belonging to an African country are ineligible at this time.

You must have completed, or be in the final year of completing, your university studies. If you studied at an undergraduate or graduate institution in Africa, we especially encourage you to consider applying for the Stanford Africa MBA Fellowship Program. African citizens who studied in countries outside of Africa are also eligible for the fellowship.

Stanford Africa MBA Fellows must return to work in Africa, within two years of Stanford MBA graduation, for a period of at least two years. Stanford MBA students pursue a wide variety of careers after graduation. As a Stanford Africa MBA Fellow, you will devote the management and leadership skills learned at Stanford to developing the African economy. As such, we expect Stanford Africa MBA Fellows to work for African organizations with significant operations and impact in the region. Please read our Frequently Asked Questions below for more information.

Financial Need

Stanford will determine your financial need based on personal financial information you submit in the Stanford Africa MBA Fellowship application. After you are selected as a finalist and admitted to the MBA Program, you will complete Stanford’s financial aid application process, which requires information about your assets and income, including copies of your tax returns. For more information visit the Financial Aid section of our website.

All Stanford MBA students, regardless of citizenship, are eligible for financial assistance (including need-based fellowships) based on your demonstrated financial need. For international citizens, Stanford GSB offers loan programs that do not require a US co-signer.

Stanford Africa MBA Fellows receive financial support for the cost of Stanford MBA tuition and associated fees for the two-year course of study. You may be eligible for additional financial assistance if your level of need exceeds the amount of the fellowship (approximately $160,000 USD). Read more about the cost of attendance.

If you are not selected as a Stanford Africa MBA Fellow finalist, you may still apply to the Stanford MBA Program and be eligible to receive financial aid. Your financial aid package will be based on the need you demonstrate in your financial aid application and typically includes a combination of fellowships and loans.

Notification for Stanford Africa MBA Fellowships

‣ Stanford Africa Fellowship Program finalists notified by 30 July 2017

Scholarship Application Method 

Application Requirements

Application Process and Timeline1. Apply to the Stanford Africa MBA Fellowship Program
(by 7 June 2017)
 
You will be asked to provide: Educational history

  • Official transcripts are not considered at this stage. Finalists will be required to submit an unofficial copy of your transcripts in the MBA Application and will submit official copies upon admission to the MBA Program.
  • You may also submit the Graduate Management Admission Test (GMAT) and/or the Graduate Record Examination (GRE), if available. These are optional at the fellowship application stage. If you are selected as a finalist, you’ll be required to take one of these exams as part of your application to the Stanford MBA Program.

Awards and honors (academic, professional, or personal)
 
Employment history

  • Letters of recommendation are not considered at this stage. Finalists will be required to submit two Letters of Recommendation in the MBA Application.

One-page resume or curriculum vitae (CV)
 
250-word essay addressing how you plan to make an impact in Africa
 
Individual financial information
 
2. Finalists notified
(30 July 2017)

Up to 100 finalists will be selected for the Stanford Africa MBA Fellowship.

3. Finalists apply to Stanford MBA Program

Stanford Africa MBA Fellowship finalists must apply to the Stanford MBA Program in either round one or round two to be eligible for the fellowship. However, we strongly encourage you to apply in round one. Over the last few years, the number of applications we receive in round two has increased, making it more competitive. Submitting in round one also gives you more time to prepare and plan for the program, including completing the visa application process.

Stanford Africa MBA Fellowship finalists must submit the Stanford MBA Program application, including GMAT or GRE scores, and if applicable, one of the English language tests (IELTS, PTE, or TOEFL). Finalists may request up to one voucher to cover the cost of either the GMAT or GRE test. The MBA application fee will be waived for finalists.

4. Receive an offer of admission

Stanford GSB will select up to eight Stanford Africa MBA Fellows each year from among the finalists.

5. Enroll in two-year Stanford MBA Program
(September 2018)
6. Successfully complete the two-year Stanford MBA Program
(June 2020)
7. Within two years of graduation from the Stanford MBA Program, return to Africa
(June 2022)

Work in Africa - in a business, government, or non-profit organization - for at least two consecutive years.

‣ Scholarship Applications are due on 7 June 2017


FAQ

.‣ Application forms and guidelines can be download from the official website

‣ It is important to read the application procedure, and visit the official websites (link found below) for detailed information on how to apply for this scholarship.

For more Information about Stanford Africa MBA Fellowships 



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