Two scholarships to encourage more women to undertake post-graduate management education have been unveiled by Imperial College Business School today.
The scholarships, worth £20,000 each, will be awarded to two exceptional female candidates who want to undertake Imperial’s Executive MBA. The initiative is aimed at encouraging more women into executive leadership roles in business through education, while also leading to greater representation of women on FTSE100 Boards. It has been created in partnership with the 30% Club, whose goal is to see women comprising 30% of FTSE-100 Board members by the end of 2015.
The announcement was made at an event to celebrate International Women’s Day.
Diane Morgan, Associate Dean of Programmes at Imperial College Business School, said: “There is an under-representation of women pursuing post-graduate management education and this has a knock-on effect on the number of women who hold senior director roles within corporations and therefore ultimately Board positions in FTSE100 companies. I’m very excited that we are launching these scholarships. As well as helping two exceptional women to pursue their business education goals, it will also have a wider impact on women in the world of business.”
Brenda Trenowden, who chairs the 30% Club Business Schools Sub-Committee, said: “Women and men both perceive their greatest barrier to graduate management education to be financial resources. However, as the data show, women have less work experience, lower household income, greater undergraduate debt, and are less likely to rely on personal savings. As such, the financial barriers for women are perceived to be more onerous than those for men. We are very grateful to Imperial College Business School for the generous support they are giving this initiative.”
The scholarships will be awarded to women who can demonstrate both depth and breadth of work experience as well as academic excellence and high potential for senior leadership roles. They must also demonstrate intention and a track record to act as role models for other women.
You can find out more about the Imperial Executive MBA here.
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Peter Zarko-Flynn
Communications and Public Affairs
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