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As an agent of positive change in the region, IEDC-Bled School of Management has traditionally provided a small number of scholarships aimed at supporting and promoting economic development and leadership in the emerging economies.

Following this tradition, IEDC is proud to announce its Executive MBA Scholarship Campaign of 2012. Open to outstanding candidates who meet the qualifying criteria, the campaign offers five scholarships for up to 50% off the tuition fees for the 2012 One-Yearand Two-Year Executive MBA programs with a maximum value of 11 500 Euro and14 250 Euro respectively per person. The deadline to  is November 1st, 2011.

Do I qualify for an IEDC scholarship?

Executive MBA Scholarship Campaign 2012 is open to qualifying candidates only. To qualify, make sure that:

• You have a minimum of 3 years of work experience
• You are proficient in written and spoken English
• You have bachelor's degree or equivalent
• You have completed the application form
• You have 2 letters of recommendation
• You have written a one-page essay answering a question "Why should I receive an IEDC scholarship?" highlighting both your intellectual merit and financial need that qualifies you for a scholarship,
• You have filled in a financial gap estimate form, and
• You have submitted your application, essay and financial gap estimate by November 1st, 2011 (if you apply for One-Year EMBA 2012 or Two-Year EMBA 2012-2013).

All received applications will be reviewed by the scholarship committee, with the final result announced shortly after the deadline.

What are the criteria used by the scholarship committee?

Three main criteria are used to assess the scholarship application:

1. Intellectual merit: demonstrated by prior academic and professional achievement, and supported by high interview score given by the MBA Director during the candidate one-on-one interview.
2. Financial need: demonstrated by the GDP and purchasing power of the country of the applicant, the revenue and profitability levels of current employer, and any other supporting evidence provided by the applicant.
3. Diversity: a factor of nationality and professional experience, diversity criteria assures that each candidate makes significant contribution to the overall diversity of the incoming Executive MBA class.

Application Process

All candidates requesting a scholarship go through a standard application process, which includes the following steps:

1. Submitting fully completed application form and supporting documents no later than November 1st, 2011,
2. Completing a one-on-one interview with an MBA Director, organized in person or via phone, and
3. Receiving formal letter of acceptance.

Once the candidate is accepted, the application, interview score and scholarship essay is submitted for review to the scholarship committee, which makes its decision about scholarship awards. Upon the decision, candidates receive a formal scholarship notification letter shortly after the submission deadline.

Application Form

To obtain an application form, prospective applicants may:

• download the IEDC Executive MBA application form and financial gap estimate form here.
• submit the application form, the essay and the financial gap estimate to Ms. Vera Pasynkova, Executive MBA Marketing and Sales Manager, at vera.pasynkova@iedc.si.

Essay

Scholarship Essay compliments data offered by the application form and offers deeper insight into candidate's merit and achievements. As such, the essay is your main chance to make real and personal appeal to the scholarship committee. Guidelines for submitting an essay are:

• One page, single spaced, 12-point font
• Answering the question "Why should I receive an IEDC scholarship?"
• Demonstrating high intellectual merit, significant financial need, and applicant contribution to the diversity of the EMBA Class of 2012

Financial Gap Estimate form

The financial gap estimate form can be downloaded here and has to be submitted with the rest of the application documents. The form is used to argue compliance with the financial need criteria.

Sending Your Application for Admission and Scholarship

To apply for scholarship, your applications should be sent to the EMBA Office by November 1st, 2011. The final application package should include documents demonstrating the candidate's eligibility for the program and the scholarship:

• A completed application form (to be submitted by email or regular post)
• Two letters of recommendation (to be submitted by regular post)
• A one-page scholarship essay (to be submitted by email or regular post)
• Official transcript of bachelors' degree or equivalent (to be submitted by regular post)
• Financial gap estimate form (to be submitted by email or regular post)
• Two passport photos (to be submitted by regular post