On 9th August 2010, John Key, the prime minister of New Zealand launched a $1 million scholarship program for MBA candidates. This program is aimed at senior managers and executives, who are looking to access top business programmes in the world. This has been a welcome move for Business schools in Europe, especially schools in UK, which has been the main recipient of MBA applications from New Zealand.
"The aim is to build the capability of our businesses and help make New Zealand more internationally competitive. It is expected that applicants would come from firms looking to export more," says Mr. Key.
The funding for the future programmes will depend on the success of the pilot programme.
Objective: To make Managers well equipped to work in an international environment.
Number of Awards: 15-25
Amount: Upto $110,000(The amount is expected to cover half of the costs of their course and direct expenses)
Criteria (Courses)
- One to two-year full or part time executive MBA degrees
- Shorter courses focusing on topics relevant to the needs of individuals and their firms.
- Education programmes focusing on the Asia-Pacific region will be preferred
Application Close date: 19 September
Announcement: Decembers (Scheduled)
Full criteria and conditions: http://www.med.govt.nz/prime_minister's_scholarships
