The Skoll MBA Scholarship is a competitive scholarship for incoming MBA students who pursue entrepreneurial solutions for urgent social and environmental challenges. The Scholarship provides funding and exclusive opportunities to meet with world-renowned entrepreneurs, thought-leaders and investors.
To be considered, you need to meet the following criteria:
- By the time the candidates apply for the MBA, they must have spent preferably at least 3 years either:
- starting and growing a social venture;
- OR leading a major expansion of an existing social venture or programme within an organisation;
- OR pursuing positive change as an impact career professional, i.e. someone who has used entrepreneurial approaches to address the same social/environmental issue, with a clear core thread that unites his/her work.
In each of these 3 cases, candidates should be able to describe the outcomes/impact that has been created as a result of their work.
- Candidates will have used entrepreneurial approaches to identify opportunities, taken action to positively shift the status quo, and produced proven impact that contributes to rectifying unjust systems and practices in their chosen area of work.
- Candidates must demonstrate evidence of personal qualities strongly resonating with entrepreneurial leadership, and illustrate how these have influenced their career path thus far. These qualities include:
- Single-mindedness and persistence in pursuit of a social/environmental benefit goal, including a willingness to face failure and start again;
- A bias towards action rather than reflection on an issue and a willingness to apprentice with a problem* if they are tackling a challenge they didn’t personally live;
- A tendency to explore the environment for opportunities and resources;
- A willingness to take personal, and sometimes financial, risks;
- A propensity to develop networks and draw upon their members to pursue mutual goals.
- Candidates must demonstrate how a business education can contribute to the wider development of their work. They will need to illustrate why a business degree at this stage of their career trajectory can help them amplify their impact.
- Candidates must demonstrate some evidence of their need for the Scholarship. This may be exhibited, for example, in previous work experiences or personal backgrounds which make self-funding the MBA a significant financial burden.
Awards:- The scholarship covers the full costs of tuition and college fees for the MBA programme as well as partial living expenses based on need, up to an additional £8,000.