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IMD MBA Backpack Scholarship 2023-24: A Fully Funded Opportunity for Ukrainian Women

IMD MBA Backpack Scholarship
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Are you a Ukrainian woman aspiring to become a leader in business or public life? Have you faced the hardships of displacement due to conflict, natural disaster, or persecution? If so, the IMD MBA Backpack Scholarship 2023-24, fully funded by a Swiss foundation, presents a unique opportunity for you. This scholarship is specifically designed to empower women who may have believed that pursuing an MBA program was out of their reach.

  • Funding: Fully Funded
  • University Name: IMD Switzerland (International Institute for Management Development)
  • Degree: Masters
  • Subject: Business Administration
  • Students: International Students
  • Study in: Switzerland
  • Last date: 07/01/2023


About the IMD MBA Program

The IMD MBA program, located in Lausanne, Switzerland, offers a one-year full-time Master of Business Administration degree that can transform your professional journey. It provides a conducive environment for the development of reflective and responsible leadership skills within an innovative, entrepreneurial, and global business landscape. Renowned as Europe’s best MBA program by prestigious publications like Bloomberg Business Week and Forbes, IMD is a highly sought-after institution for aspiring business leaders, particularly those from Ukraine.

Degree Level:

The IMD MBA Backpack Scholarship 2023-24 is available for Ukrainian female students who wish to pursue a Masters-level program in Business Administration at the esteemed International Institute for Management Development (IMD) in Switzerland.

Available Subjects:

Under this scholarship program, you have the opportunity to study Business Administration, a field that equips you with versatile skills and knowledge necessary for success in today’s dynamic business world.

Scholarship Benefits:

The IMD MBA program requires a tuition fee of CHF 80,000, along with additional mandatory fees of CHF 17,500 to cover all program and project-related expenses throughout the year. These fees grant you access to IMD’s world-class campus facilities and services, travel accommodation for all IMD-organized projects, leadership career coaching, comprehensive learning materials including books, and fully equipped MBA-dedicated study rooms. To gain a detailed understanding of the program fees, payment schedule, and estimated living expenses, a full breakdown is available for reference.


Eligible Nationalities:

The IMD MBA Backpack Scholarship 2023-24 warmly welcomes applications from female students of all nationalities who have experienced displacement due to various circumstances. It recognizes the unique challenges faced by women and aims to provide them with opportunities to excel as leaders in their respective fields, serving as role models for others in business or public life.

The BackPack Foundation Board Statement

The BackPack Foundation Board places great importance on selecting candidates who are committed to pursuing meaningful careers in leadership. Upon graduation, the recipient of this prestigious scholarship is expected to leverage her acquired skills to drive positive change. The foundation seeks to attract Ukrainian women who possess the potential to become pivotal leaders, inspiring others to advance in their business or public life endeavors.

For further information about the scholarship, kindly reach out to [email protected]. The IMD MBA Backpack-Excellence for Women is managed and administered by the IMD Scholarship Foundation, established under Articles 80 of the Swiss Civil Code, with its registered office in Lausanne. The scholarship amount will be directly paid to IMD to cover all relevant fees.

Eligibility Criteria:

The BackPack-Excellence Scholarship for Women, a core component of the IMD MBA Backpack Scholarship 2023-24, aims to provide a transformative experience for talented and driven Ukrainian women who have faced forced displacement due to conflict, natural disaster, or persecution. The scholarship covers the full cost of the program, amounting to CHF 133,500, which encompasses tuition, fees, and living expenses.

Eligibility and Application Process

Priority for this scholarship will be given to Ukrainian female candidates who have experienced the hardship of leaving their homeland involuntarily. This may include displacement caused by conflict, natural disasters, or persecution due to beliefs. As part of the application process, candidates are required to submit a compelling 500-word essay addressing the topic: “Tell us how an MBA at IMD, as a displaced woman, will be transformative for you and indirectly for other Ukrainian women.”

To apply for the scholarship, candidates need to complete the admissions application form, review the eligibility criteria for various scholarship offerings, access the Financial Aid form within the finance section of the admissions MBA application form, and complete the form accordingly. Candidates should also indicate their interest in specific scholarships by checking the relevant box(es) that match their eligibility. All necessary documents, including the required essay, must be submitted for consideration.

Key Dates and Deadlines

The scholarship application deadline is set for July 1, 2023. The successful recipient will be notified by September 1, 2023, following a thorough evaluation process.

Application Procedure:

The IMD MBA Backpack Scholarship 2023-24 is an extraordinary opportunity for Ukrainian women who have endured the challenges of displacement to transform their lives and careers. This scholarship not only provides vital financial support but also serves as a platform for women to develop their leadership skills, network with like-minded individuals, and make a significant impact in an increasingly complex and rapidly changing world.

The IMD MBA program, recognized as Europe’s best, offers an enriching and empowering experience that can open doors to numerous opportunities in business and public life. By availing yourself of this scholarship, you can embark on a transformative journey, equipping yourself with the necessary skills, knowledge, and global perspective to thrive as a leader.


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