Stanford Africa MBA Fellowship Program 2015-2016

On Apr 27, 2015

Standford Africa MBA fellowship Program (US $140000) for African Students 2015-2016 has been offered by Stanford GSB to citizens of African countries. Under Stanford Africa MBA fellowship program African students can apply for for tuition and associated fees (approximately US $140,000) for an MBA at Stanford GSB. During scholarship the student will get two years of tuition at the Stanford MBA Program, plus all associated fees. The last date for submission of application is 08 June 2015.

Participating Institution: Following Institution(s) are participating

Stanford Graduate School of Business (Stanford GSB), Stanford University, Stanford, California; United States of America.

Subject Offered: MBA (Masters in Business Administration)

Degree Level Offered: Business Administration

Eligibility: To be eligible for Stanford Africa MBA Fellowship Program following eligibility conditions are required.

Fellowship Eligibility and Requirements:
Stanford Africa MBA Fellows must first be selected as finalists through the fellowship application process. Stanford will select up to 50 Stanford Africa MBA Fellowship finalists based on:

Merit – three criteria are considered: intellectual vitality, demonstrated leadership potential, and personal qualities and contributions that will add to the class.
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.
Financial need – Stanford will determine your financial need based on personal financial information you submit in the Stanford Africa MBA Fellowship application.
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 a loan program that does not require a US co-signer.

If you are not selected as a Stanford Africa MBA Fellowship finalist, you remain welcome to apply to the Stanford MBA Program in any application round and you will remain eligible to receive other forms of financial aid.

Eligible Nationalities: Citizens of all African countries are eligible

Selection Criteria: Following selection criteria will be observed.

Merit
Commitment to developing Africa
Financial need

Application procedure:

The Stanford Africa Fellowship Program application is available online from 20 April 2015 – 8 June 2015. The steps are as below:

1). Apply to the Stanford Africa MBA Fellowship Program
Required materials include:

Educational history
- Self-report your grades from college or university.
- 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
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 (2 July 2015)
Up to 50 finalists will be selected for the Stanford Africa MBA Fellowship.

3). Finalists apply to Stanford MBA Program (Round 1, September 2015)
Stanford Africa MBA Fellowship finalists must apply to the Stanford MBA Program in Round 1 to be eligible for the fellowship.
4). Receive an offer of admission (December 2015)
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 2016)

6). Successfully complete the two-year Stanford MBA Program (June 2018)

7). Within two years of graduation from the Stanford MBA Program, return to Africa (June 2020)
Work in Africa – in a business, government, or non-profit organization – for at least two consecutive years.

Deadline: Last date for application submission is 8 June 2015

Further Details