The Stanford Africa MBA Fellowship Program pays for tuition and associated fees (approximately US $160,000) for up to 8 citizens of African countries with financial need, to obtain an MBA at Stanford.
“The Stanford GSB’s spirit of changing the world echoes on a fundamental level with my dream of changing Africa. The Africa fellowship provides young dreamers like me with an unparalleled opportunity to study alongside some of the world’s most influential thinkers; a privilege that would otherwise be beyond reach.” -Ahmed Ibrahim, MBA 2019
I spoke to Stephanie Whitlin, Assistant Director, MBA Admissions, Stanford’s Graduate School of Business.
Why has Stanford GSB targeted Africa specifically with this fellowship?
Africa is projected to be the world’s second-fastest growing economy by 2020. With growth comes a need for leaders who can address and navigate challenges and opportunities.
Our mission is “Change lives. Change organizations. Change the world.” This is more than just an aspirational statement; it impacts every aspect of how we attract students and educate the leaders of tomorrow.
We want Stanford GSB alumni to make an impact across all industries and regions, including Africa. This Fellowship is designed to remove financial obstacles to attendance and to make Stanford a feasible dream for more individuals.
MBA applicants from Africa have increased 96 percent.
MBA admits from Africa have increased over 200 percent
More than 90 percent of countries on the continent are now represented in Stanford GSB’s applicant pool.
How do the characteristics of Stanford’s MBA programme (innovation, strong values, etc.) set up graduates to impact Africa specifically?
Through the Africa MBA Fellowship, Stanford GSB is committed to developing future leaders who understand the implications of Africa’s growth. Fellows must commit to return to Africa within two years, and for at least two years, to leverage their new skills to make an impact on the ground in Africa. We have found that students are inspired and motivated to return and improve the lives of those back at home. They have a strong desire to take the tools learned at the GSB and impact their communities.
“The Stanford GSB’s spirit of changing the world echoes on a fundamental level with my dream of changing Africa. The Africa fellowship provides young dreamers like me with an unparalleled opportunity to study alongside some of the world’s most influential thinkers; a privilege that would otherwise be beyond reach.” – Buari Abiodun Wasiu, MBA 2019
What are the misconceptions around this fellowship?
Residence in an African country is not required to be eligible for the Fellowship. You must be a citizen of an African country, and dual citizens are eligible for the Fellowship, as long as they hold citizenship of an African country.
What are funding options available for an MBA student from Africa who is accepted onto the programme but does not receive the fellowship?
Stanford Graduate School of Business offers admission to the highest-quality students from around the world and remains committed to providing financial aid so that anyone who is admitted is not prevented from attending because of financial obstacles. In addition to need-based fellowships, the GSB provides non-need based student loans to all students who qualify for assistance. Additional information is available on numerous financial aid opportunities, scholarships and sponsorships for international students.
You can find out more about Stanford’s Africa MBA Fellowship here