There is a lack of businessmen and businesswomen who are going to lead Africa’s rapid economic growth in the next 10 years. To address this issue, Stanford University is generously funding African students to study in their MBA program. After they have received a world-class education at Stanford, the future leaders of Africa will be equipped to influence the economy of Africa.
- At a minimum, Full Tuition and Fees ($160,000 for two years)
- Additional scholarships for the room, board, and living expenses if the applicant has additional financial need
- Be a citizen of a country in Africa (The applicant does not have to reside in Africa in order to be eligible).
- After the program, fellows must return to Africa and work for at least two years by the time that they are four years out of the MBA program.
- Financial support of full tuition and fees for two years
- Global Experience Portfolio
- Stanford Africa Business Forums
- Stanford Center for African Studies
- Stanford GSB Africa Business Club
- Stanford GSB Alumni Network
- Stanford Institute for Innovation in Developing Economies
For more information about these wonderful benefits, visit the official scholarship page. When you have visited the scholarship page, click on “What does Stanford offer related to Africa?”
Check Also: Business Programs for International Students
Application Materials for the Stanford Africa MBA Fellowship
- GMAT and/or GRE
- Awards and honors (academic, professional, or personal)
- Resume or CV
- 250-word essay on how you will make an impact in Africa
- Financial Information
Please note that the requirements for the Fellowship and the actual MBA program are different. After you’ve become a finalist, you would need to apply for Stanford MBA.
How to Apply for the Stanford Africa MBA Fellowship
- Apply to the Stanford Africa MBA Fellowship.
- The finalist will be notified.
- The finalist will apply for the Stanford MBA Program.
- Will receive the admission result.
- Enroll in a two-year MBA program.
- Successfully complete the MBA program.
- Within two years, return to Africa to work for two years.
What do they look for in an applicant?
- Merit- intellectual vitality, demonstrated leadership potential, and personal qualities and contributions that will add to the class
- Commitment to Developing Africa
- Financial Need
For more information about these characteristics, visit the official scholarship page.
Official Scholarship Page
I hope that this article on Stanford Africa MBA Fellowship was helpful. Make sure to also check out the Business Programs for International Students!