Scholarship Opportunity To Study At SKOLL Scholarship for MBA 2022 – Study in the (UK)United Kingdom

  • Country: United Kingdom
  • Financial coverage: Fully Funded
  • Eligible Regions: Anyone can apply
  • Deadline: January 12, 2022

The Skoll Scholarship is a competitive scholarship for incoming MBA students to Saïd Business School, University of Oxford, who pursue entrepreneurial solutions for urgent social and environmental challenges. The Scholarship covers the full course fees for the MBA program, as well as partial living expenses.

The Skoll Scholarship provides funding for entrepreneurs who have set up or have been working in entrepreneurial initiatives with a social purpose or who have pursued an impact career, and who wish to improve their knowledge of market-oriented practices so they can be more effective in their subsequent social change pursuits.

In addition to financial support, the Scholarship provides access to the Skoll Scholar community, a group of leaders who are positively impacting the world through innovation and systems change, as well as exclusive opportunities to meet with world-renowned entrepreneurs, thought leaders, and investors.

The Scholarship is given in recognition that the MBA may represent a significant financial burden, particularly for those who have chosen to work in the social impact/innovation space rather than the purely commercial or public sectors.

The University of Oxford is offering SKOLL Scholarship for the MBA program for the academic year 2022. The applications are now open to study in the UK. This is a one-year program offering educational funding and other academic supports. The scholarship is hosted by the SKOLL foundation and is administered by the SKOLL center. SKOLL center is located at the University of Oxford.

The SKOLL scholarships support young entrepreneurs who have already set up their work or have worked in social enterprises. The applicants can also apply to those who have pursued an impact career and those who wish to gain a deeper understanding of market-oriented practices to pursue social change effectively. Scholars can avail of this scholarship and get their hands to the SKOLL scholar community. The SKOLL community is a group of top-class world-changing thinkers, innovators, and entrepreneurs. Moreover, the SKOLL scholars community provides access to world-renowned entrepreneurs, leaders, and innovators.

The SKOLL scholarship is a competitive scholarship for future MBA students. Students who aim to bring solutions to urgent social and environmental issues. If you have a social purpose, then this opportunity is the right pick for you. This scholarship is offered in recognition that the MBA graduates may represent a significant financial burden.

The duration of the scholarship is one year to cover the financial requirements. Students who have personal financial issues can find it difficult to pursue higher education. That is why the SKOLL foundation offers scholarships aiming to support the students who desire to study and work in the social innovation space, opposed to the purely commercial or public sector.

How to Apply?

To apply for the Skoll Scholarship follow these steps:

  1. Connect with us to register your interest in the Scholarship and make sure you’re kept up to date with announcements about upcoming deadlines.
  2. Apply for the Oxford MBA program directly to Saïd Business School. You need to do this during stages 1, 2, or 3 of the MBA admissions process. See details below on applying for an MBA admissions fee waiver.
  3. As part of your MBA application, upload your answers to the Skoll Scholarship essay questions and submit your MBA application! You’ll find the Scholarship essay questions under the “Funding” section of the MBA application. We would advise that you allow yourself about one 1-weeks’ time to answer the Skoll Scholarship essay questions.
  4. The MBA Admissions Team will then assess your application and determine if you are accepted onto the MBA programme or not.
  5. If you received confirmation that you have been accepted onto the MBA program, your application will automatically go forward to the Skoll Scholarship Selection Committee.
  6. Applications for the Scholarship are reviewed after each MBA admissions stage.
  7. You will receive an update on the status of your Scholarship application and whether your application is going forward to final shortlisting shortly after MBA admission decisions have been made from each stage.
  8. If you receive confirmation that your Scholarship application is going forward to final shortlisting, keep an eye out for an email from the Skoll Centre with a link to the Logistics and Reference Form. See timelines below to know when to expect this email.
  9. Once you have received the email, complete the Logistics and Reference Form. This consists of a series of short questions to confirm your contact details (in case you are invited to interview), how you heard about the Scholarship and your referee’s contact details. Please note, your referees will not be contacted unless you get to the final stages of the selection process.

Are you eligible for the skill scholarship?

  1. Entrepreneurial action
  • You have identified opportunities and taken action in order to make a positive social impact
  • You have spent preferably at least 3 years driving change through entrepreneurial approaches. For example, you could have:
    • Started or grown a social venture
    • OR created and led the expansion of a social impact initiative within an organization
    • OR been tackling a specific social/environmental issue, through a core thread that unites your work

Creating Impact with a focus on systems change

  • You can demonstrate the outcomes and impact of your entrepreneurial action
  • Your impact addresses unjust systems and practices in your area of work

3. Personal qualities of a social entrepreneur:

  • You are a force for positive change
  • You are single-minded and persistent, with a willingness to fail and start again
  • You have a bias toward action
  • You have a tendency to explore your environment for opportunities and resources
  • You have a willingness to take personal, and sometimes financial, risks
  • You develop networks and leverage members to pursue mutual goals
  • You have apprenticed with the problem* or experienced the problem you are trying to solve

4. The Oxford MBA is critical to your career trajectory

  • You can demonstrate why business education is essential in helping to develop your work/impact at this stage

5. Financial need:

  • You are in a position where the cost of the programme is a significant financial burden
  • You can demonstrate the need for the Scholarship (for example, due to previous work experiences or personal circumstances)

*“Apprenticing with a Problem”, a term we borrowed from Jessamyn Shams-Lau at the Peery Foundation, refers to someone developing a deep understanding of a problem they did not live through themselves, e.g. by working in the field, working at a related organization, conducting research, etc. A simple example of someone apprenticing with a problem is a teacher who has gone on to start an education-focused non-profit.

Diversity and Inclusion: We value and encourage diversity within the Skoll Scholarship Community.  In order to successfully tackle world-scale problems, we must bring together individuals from different cultures, religions, sectors, genders, backgrounds, and ideologies to create collaborative solutions. Belonging to a diverse community enriches our Scholars’ learning experience, teaches them to challenge ideas and be challenged in a respectful manner, and fosters a global perspective necessary in today’s world. Therefore, we encourage all candidates to apply for the Scholarship, especially women, members of historically underrepresented groups, and those from the global south.

Benefits:

The SKOLL scholarship provides the following benefits:

  • Full tuition will be covered.
  • Partial living expenses will be covers up to £14,985.
  • The program offers mentorship and supervision to master’s students.
  • It will also cover other educational opportunities like support in research projects.
  • You will get access to the SKOLL Scholars community.
  • This will be a chance to come in contact with world-class innovators, thinkers, and entrepreneurs.
  • It is a critical opportunity to flight your career.

 

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