In 1996 a group of women in pursuit of their MBA completed a project called “Changing the Shape of Business,” this project sparked the efforts to create a scholarship that would assist women who want to pursue their MBA but do not have the funds. The scholarship was then created by IMD with the support and financial funding from Nestle to grant one individual CHF 25,000.
The Nestle Scholarship is open annually to women around the world who are pursuing their MBA at IMD. Each candidates who applies will be evaluated by the IMD MBA Scholarship Committee and one award will be granted to an eligible individual who has been accepted into the IMD MBA program, has a financial need for assistance and submits a 750-word essay based upon the following: “Does Diversity in Management Impact the Bottom Line? If so, how?”