The Skoll MBA Scholarship by Oxford

Getting a Master’s in Business Administration has in recent times become a unique factor that shows an individual’s authority in the field of entrepreneurship and management as a whole. The Skoll MBA Scholarship stands out as a beacon for individuals with a passion for social entrepreneurship. It was established with the aim of catalyzing positive change in the world, this scholarship program is hosted by the University of Oxford’s Saïd Business School, providing a unique opportunity for aspiring business leaders to blend their commitment to social impact with a top-tier MBA education.

The Skoll MBA Scholarship was founded in 2003 through a generous donation from Jeff Skoll, the first president of eBay and a prominent philanthropist. The program was established with the vision of empowering and equipping individuals who aspire to address pressing global challenges through innovative, sustainable, and socially responsible business practices.

 Objectives of the Skoll MBA

The primary objectives of the Skoll MBA Scholarship are rooted in fostering social entrepreneurship and leadership. The scholarship aims to:

• Identify and Support Social Entrepreneurs: The program seeks candidates who have a proven track record in driving positive social change and a commitment to leveraging business principles to address societal challenges.
• Facilitate High-Quality Business Education: Recipients of the Skoll Scholarship gain access to the renowned MBA program at the Saïd Business School, where they engage in a curriculum designed to equip them with the skills and knowledge necessary to create sustainable impact.
• Build a Global Network of Changemakers: The Skoll Scholarship nurtures a community of like-minded individuals, providing networking opportunities, mentorship, and exposure to a diverse range of perspectives in the field of social entrepreneurship.

 Eligibility Criteria for the Skoll MBA

The Skoll MBA Scholarship is highly competitive, and candidates must meet specific eligibility criteria to be considered. Key criteria include:

• Demonstrated Commitment to Social Impact: Successful applicants have a proven track record of actively contributing to social change through entrepreneurial initiatives, nonprofit work, or community-driven projects.
• Professional Experience: Candidates typically have a minimum of three years of relevant work experience, demonstrating leadership and the ability to drive positive outcomes.
• Academic Excellence: A strong academic background is essential, and applicants are usually required to have a competitive GMAT or GRE score.

Benefits of the Skoll MBA scholarship

1. Financial Support: Skoll Scholars receive financial support covering the full cost of the MBA program, including tuition and living expenses.
2. Access to Skoll Centre for Social Entrepreneurship: Scholars gain exclusive access to the Skoll Centre for Social Entrepreneurship, a hub of resources, research, and networking opportunities.
3. Engagement with the Skoll Community: There are notable alumni of the Skoll MBA program and scholars become part of the broader Skoll community, attending events, conferences, and workshops that facilitate collaboration and knowledge-sharing.
4. Post-Graduation Support: The Skoll Scholarship extends beyond the academic journey, providing ongoing support and opportunities for alumni to continue making a positive impact.

Some Notable Skoll Scholars and their Achievements:

Sally Osberg: Former President and CEO of the Skoll Foundation, a prominent organization supporting social entrepreneurship.

Jeff Skoll: The founder of the Skoll Foundation, former President of eBay, and a well-known philanthropist and social entrepreneur.

Paul Polak: A pioneer in the field of social entrepreneurship, known for his work in designing and marketing products for people living in poverty.

Harish Hande: Co-founder of SELCO India, a social enterprise that provides sustainable energy solutions to rural communities in India.

Sarah Soule: A Professor of Organizational Behavior at the Stanford Graduate School of Business, with a focus on social movements and social change.

In conclusion, getting an MBA degree is a huge achievement and will greatly improve your career growth. The institution where you get your degree from also matters as it would most likely give you access to a vast network of individuals who have great authority in the field. As the world continues to grapple with complex issues, initiatives like the Skoll MBA Scholarship play a vital role in cultivating the next generation of leaders committed to building a more sustainable and equitable future.