Overview
ALB awards MBA scholarships to African residents who want to study at one of its partner universities. The award is part of the ALB Fellowship Program, so it carries duties beyond funding.
Fellows act as representatives of their country, the African continent and the ALB Foundation during the MBA and after graduation. Every Fellow must complete the ALB Fellowship Project, which means working in a group to develop an entrepreneurial business plan for implementation in the Fellow's home country.
Fellows also agree to go back to their home country after finishing the degree and to stay there and work for at least two years.
Awarded by
Scholarships can be used at Thunderbird School of Global Management, Vanderbilt University and IE Business School.
Subjects and level
The MBA programme offered by the partner institutions.
Who can apply
All African citizens can apply.
What the award covers
Not specified.
Eligibility requirements
Applicants must show the following in their application to qualify for the ALB Fellowship Program:
- A commitment to returning to their country after the programme ends
- A strong professional background, including 3 or more years of work experience
- A strong academic background, including completion of a Bachelor degree or equivalent
- High competency in written and spoken English
- Acceptance to an MBA programme
- Completion of the GMAT exam
- All other requirements for admission to the partner school programme
Scholarships are awarded on merit and need.
How to apply
Candidates should follow these steps in order:
- Register as an ALB candidate through the ALB Online Registration.
- Prepare for and take the GMAT exam. Allow at least 6 to 8 weeks of daily study to prepare properly. More information about the GMAT exam is available here.
- Apply for and gain admission to an MBA programme through one of the university partners.
- Complete the ALB Fellowship application. The application only becomes available after you register as an ALB candidate.
Read the how to apply page and check the official website (link below) to register and for full details on the application process.
Official website
Official Scholarship Website: http://albfoundation.org/about-mba-scholarships/