MMU Resource Hub

wib_banner-nocta-1.jpg

The Women in Business Scholarship 2017

Posted by MMU on 22-May-2017 07:00:00

Manchester has a rich history in helping inspirational women flourish, from the writer Elizabeth Gaskell to BBC North’s current director Alice Webb.

With the continued growth of Manchester’s economy, and the massive investment in the city over the past 10 years (think Media City, the Co-operative Group building, and the Green Quarter), now is the perfect time for ambitious women to progress their careers in one of the most diverse cities in the UK.

We’re delighted to announce the launch of the Manchester Metropolitan Women in Business Scholarship, which we’ve created to give high-reaching women the chance to achieve their business goals and simultaneously help to tackle the issue of gender equality in business.

The scholarship is open to any woman who meets the MBA criteria. The two prizes consist of the following:

  • First prize - £6,000 off the full MBA fee
  • Second prize - £3,000 off the full MBA fee
The full price of the MBA is £17,800 - and as well as the scholarship there are other funding options available, such as postgraduate loans or employer sponsorship

Equality benefits everyone

Unleashing the full potential of businesswomen in Manchester will benefit the city as a whole. Companies (across all sectors) that have women on their boards of directors significantly and consistently outperform those with no female representation.

As well as this, having at least one female director on the board appears to cut a company’s chances of going bust by around 20%. Having two or three female directors lowers the risk even more.

Recent statistics have also shown that more than 126,000 businesses in the UK were created by women in 2015 alone, proving their valuable contribution to the UK’s (and Manchester's) economy.

However, there is still a long way to go. In the UK, less than a quarter of FTSE 100 boardroom recruits in the six months leading up to March 2016 were women – the lowest level since 2011. On top of that, fewer than 10% of the three most senior positions at FTSE 100 firms were held by women, compared to nearly a third of less powerful non-executive roles.

Topics: Scholarships, MBA, Manchester

The Scholarship

If you are an aspiring businesswoman, you can apply for the Women in Business Scholarship by submitting your CV and an elevator pitch. The pitch is the perfect opportunity for you to highlight your relevant business experience, to shout about your notable achievements, and to tell us why you deserve to win the scholarship.  

Once the deadline for entries has closed, a shortlist of the 10 best applications will be chosen. Those who make the shortlist will be invited to a presentation at the Business School, where the winners will be chosen and announced by an independent panel of Manchester business experts.

More information

Scholarship name: Women in Business

Prize: £6,000 off the full MBA fee and a second prize of £3,000 off the full MBA fee

Closing date for all applications: 21st July 2017

Contact information:  Donna Ward - d.ward@mmu.ac.uk, 0161 247 6078.

Best of luck to all who enter.

Manchester Metropolitan University Business school also offers an additional scholarship: the Northern Powerhouse Scholarship. Find out if you’re eligible to enter.

Women In Business Scholarship Application