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IEDC Executive MBA Scholarships 2012

As an agent of positive change in the region, IEDC-Bled School of Management has traditionally provided a small number of scholarships aimed at supporting and promoting economic development and leadership in the emerging economies.

Following this tradition, IEDC is proud to announce its Executive MBA Scholarship Campaign of 2012. Open to outstanding candidates who meet the qualifying criteria, the campaign offers five scholarships for up to 50% off the tuition fees for the 2012 One-Year and Two-Year Executive MBA programs with a maximum value of 11 500 Euro and 14 250 Euro respectively per person.

The deadline to apply is November 1st, 2011.

Do I qualify for an IEDC scholarship?

Executive MBA Scholarship Campaign 2012 is open to qualifying candidates only. To qualify, make sure that:

• You have a minimum of 3 years of work experience
• You are proficient in written and spoken English
• You have a completed Bologna bachelor degree level or higher
• You meet scholarship criteria (intellectual merit, financial need, diversity)

All received applications will be reviewed by the scholarship committee, with the final result announced shortly after the deadline.

What are the criteria used by the scholarship committee?

Three main criteria are used to assess the scholarship application:

• Intellectual merit: demonstrated by prior academic and professional achievement, and supported by high interview score given by the MBA Director during the candidate one-on-one interview.
• Financial need: demonstrated by the GDP and purchasing power of the country of the applicant, the revenue and profitability levels of current employer, and any other supporting evidence provided by the applicant.
• Diversity: a factor of nationality and professional experience, diversity criteria assures that each candidate makes significant contribution to the overall diversity of the incoming Executive MBA class.

Application Process

All candidates requesting a scholarship go through a standard application process, which includes the following steps:

• Submitting fully completed application form and supporting documents no later than November 1st, 2011,
• Completing a one-on-one interview with an MBA Director, organized in person or via phone, and
• Receiving formal letter of acceptance.

Once the candidate is accepted, the application, interview score and scholarship essay is submitted for review to the scholarship committee, which makes its decision about scholarship awards. Upon the decision, candidates receive a formal scholarship notification letter shortly after the submission deadline.

Scholarship application procedure:

To apply for scholarship, your application file should be sent to the EMBA Office by November 1st, 2011. The final application package should include documents demonstrating the candidate’s eligibility for the program and the scholarship:

• A fully completed application form
• 2 letters of recommendation in IEDC format
• A certified copy of a completed Bologna Bachelor degree level or higher translated into English by a court interpreter (exception for Slovenian diplomas –a certified copy in any local Administrative unit is enough)
• 2 passport size photos
• a financial gap estimate form
• a one-page essay arguing compliance with scholarship criteria and motivation

To obtain all necessary application forms, prospective applicants may download the IEDC Executive MBA application form and financial gap estimate form here.

Essay

Scholarship Essay compliments data offered by the application form and offers deeper insight into candidate's merit and achievements. As such, the essay is your main chance to make real and personal appeal to the scholarship committee. Guidelines for submitting an essay are:

• One page, single spaced, 12-point font answering the question "Why should I receive an IEDC scholarship?” demonstrating high intellectual merit, significant financial need, and applicant contribution to the diversity of the EMBA Class of 2012

Financial Gap Estimate form

The financial gap estimate form has to be submitted with the rest of the application documents. The form is used to argue compliance with the financial need criteria.