Type of Funding
The University of Oxford invites people who pursue entrepreneurial solutions for urgent social and environmental challenges, and who want to gain admission into the MBA programme at Oxford’s Saïd Business School in AY 2020-2021, to apply for the Skoll MBA Scholarship. Up to 5 scholarships will be awarded each year.
The Skoll Scholarship provides tuition for entrepreneurs who have set up or have been working in entrepreneurial ventures with a social purpose, and who wish to improve their knowledge of market-oriented practices so they can be more effective in their subsequent social change pursuits. The Scholarship is for those who find the MBA programme a significant financial burden, particularly for those who have chosen to work in social ventures rather than the commercial or public sectors.
The Scholarship covers the full funding plus a living stipend for the MBA programme at Saïd Business School, University of Oxford.
Skoll Scholars will have exclusive opportunities to meet with world-renowned entrepreneurs, thought-leaders, and investors, and will have the opportunity to take their social ventures to the next level. They will also gain professional leadership and business skills and become a part of the Skoll Scholar community.
Applicants must have identified opportunities and taken action in order to make positive social impact. They need to have at least 3 years experience driving change through entrepreneurial approaches, e.g. in either starting and growing a social venture, or in leading a major expansion of an existing social venture or programme within an organisation, or in tackling a specific social/environmental issue, through a core thread that unites their work.
They must have created impact with a focus on systems change and can demonstrate the outcomes and impact of their entrepreneurial action. The impact must address unjust systems and practices in their area of work.
Applicants have to possess qualities of a social entrepreneur, namely:
- Force for positive change
- Single-minded and persistent, with a willingness to fail and start again
- Possess bias toward action
- Possess tendency to explore their environment for opportunities and resources
- Willing to take personal, and sometimes financial, risks
- Develop networks and leverage members to pursue mutual goals and
- Have apprenticed with the problem or experienced the problem they are trying to solve.
The Oxford MBA must be critical to their career trajectory and they can demonstrate why business education is essential in helping to develop their work or impact. Applicants must demonstrate financial need because the cost of the programme is a significant financial burden to them.
Women, members of historically underrepresented groups and those from the global south are particularly urged to apply for the Skoll MBA Scholarship.
Applications for the Skoll Scholarship are to be done at the same time as the online application to the MBA programme at Saïd Business School. In order to qualify for the Scholarship, applications are to be made by the deadlines for Stage 1 (6 September 2019), Stage 2 (1 November 2019) or Stage 3 (10 January 2020) of the MBA programme application process.