Newcastle University Business School, UK, has announced an MBA scholarship. The scholarship has been developed to provide a financially-viable opportunity to deserving Indian students looking to pursue an MBA from Russell Group University.
Within the competitive MBA market, the business school is offering students financial assistance, with pre-paid flights, a free iPad3, and a rebate of £1,000 upon the successful completion of the programme. The development of the new scholarship at the school is part of its drive to provide the necessary new-age support for students.
They have also created an innovative entrepreneurship track to complement its MBA programme. MBA programme director Dr Tyrone Pitsis said, “We are expecting the scholarship to be popular among our international students as it represents an exclusive package we can offer to help reduce the financial obstacles sometimes faced when considering higher education abroad. The addition of the new entrepreneurship electives is also exciting, and will develop the creative and critical thinking of future business leaders.”
The news comes just days after the business school’s current MBA students beat stiff competition to win the Innovation Award at the National-MBA Sustainability Challenge, supported by Santander Universities. This year’s challenge was set by retail giant Tesco, which is seeking to reduce the carbon footprint of its supply chain by 30 per cent by 2020.
“In the business world of today —from public-sector organisations and multi-national firms to start-ups — the ability to think strategically and act entrepreneurially is essential,” said Dr Pitsis, “We are working hard to give students the tools and ability to tackle the business world through new perspectives on management education.” The MBA programme, and the scholarship opportunity are centred on providing individuals who have at least three years of management experience with the knowledge, skills, support and educational understanding needed to enhance their employability.
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