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?”
(from Bloomberg Businessweek)
Business schools are lagging behind in preparing students for careers in an increasingly global world and need to become more strategic about how they weave cross-border content into their programs, according to a report released today by the Association to Advance Collegiate Schools of Business (AACSB).
The study, titled “The Globalization of Managements Education: Changing International Structures, Adaptive Strategies, and the Impact on Institutions,” was presented to deans at an AACSB conference in Phoenix. It suggests that business schools need to make deeper and more sustained efforts across the curriculum to help students understand the challenges of conducting business in different cultures and countries. Robert Bruner, chairman of the AACSB Globalization of Management Education Task Force, which wrote the report, calls the study “a real wake-up call” for business schools.
Read the rest of the story in Bloomberg Businessweek.