03 October 2011
MBA Bursaries Open Business Doors to Engineers
Eight new engineers have completed their MBA
studies thanks to a Sainsbury Management Fellowship. Sainsbury
Management Fellows (SMF) has set a further eight talented
professional engineers on the road to senior management following
their MBA graduation. This brings the number of SMFs to 283, with a
further eight currently undertaking their MBA study.
The graduates had to persuade a panel that they
were the best of the competing young engineers in order to be
awarded a £30,000 bursary each to offset their MBA study costs at a
leading business school.
Founded by Lord Sainsbury, the not for profit
organisation champions the value of a combined business and
engineering education and has, to date, awarded over £7m worth of
bursaries for MBA study. The funding enables engineers to add
business, finance and marketing expertise to the skills gained
through their engineering training and experience. Most
graduates go on to secure posts in blue-chip companies, while 10
per cent of SMFs set up innovative businesses. Already, graduate
Kimbal Virdi has been appointed by Samsung to work in the company's
corporate strategy team in Korea. Fellow graduate Phil Westcott has
joined IBM's General Management Leadership Programme and is working
in the Smart Grid Consulting Division in London.
"The SMF-sponsored MBA opens doors to exciting new
careers for engineers," says David Falzani, SMF president. "Already
SMFs hold 220 directorships, including non-executive director
posts. It is our ambition to see many more engineers sitting at the
boards of British companies because we know they make a significant
contribution to their performance."
Every year up to ten top young engineers receive
the bursary after going through a rigorous assessment process run
by the Royal Academy of Engineering on behalf of SMF. On securing
their MBA, the graduates become members of SMF and gain access to
an international network of contacts, continued professional
development and mentoring by captains of industry.
Applications are accepted for review on a rolling
basis and more information can be found at
/scholarship/application-form.aspx
Eight new engineers have completed their MBA studies thanks to a
Sainsbury Management Fellowship. Sainsbury Management Fellows (SMF)
has set a further eight talented professional engineers on the road
to senior management following their MBA graduation. This brings
the number of SMFs to 283, with a further eight currently
undertaking their MBA study.
The graduates had to persuade a panel that they were the best of
the competing young engineers in order to be awarded a £30,000
bursary each to offset their MBA study costs at a leading business
school.
Founded by Lord Sainsbury, the not for profit organisation
champions the value of a combined business and engineering
education and has, to date, awarded over £7m worth of bursaries for
MBA study. The funding enables engineers to add business, finance
and marketing expertise to the skills gained through their
engineering training and experience. Most graduates go on to
secure posts in blue-chip companies, while 10 per cent of SMFs set
up innovative businesses. Already, graduate Kimbal Virdi has been
appointed by Samsung to work in the company's corporate strategy
team in Korea. Fellow graduate Phil Westcott has joined IBM's
General Management Leadership Programme and is working in the Smart
Grid Consulting Division in London.
"The SMF-sponsored MBA opens doors to exciting new careers for
engineers," says David Falzani, SMF president. "Already SMFs hold
220 directorships, including non-executive director posts. It is
our ambition to see many more engineers sitting at the boards of
British companies because we know they make a significant
contribution to their performance."
Every year up to ten top young engineers receive the bursary
after going through a rigorous assessment process run by the Royal
Academy of Engineering on behalf of SMF. On securing their MBA, the
graduates become members of SMF and gain access to an international
network of contacts, continued professional development and
mentoring by captains of industry.
Applications are accepted for review on a rolling basis and more
information can be found at /scholarship/application-form.aspx
