Kuwait Investment Authority MBA Scholarship News

July 11, 2011 by Keynesian

 

According to our sources, the Kuwait Investment Authority (KIA) will double the seats available for its current MBA scholarship program from 10 seats to 20 seats. I hope this serves as great news for everyone planning to pursue their MBA degree! This is a fundamental step that we applaud especially since, last year, the KIA declined to send students admitted to top MBA programs because of budget restrictions.

On another related note, a group of students admitted to the current MBA scholarship program submitted a proposal for an increase in the scholarship’s monetary benefits. These benefits have not been raised since the onset of the program in 2002. Rising inflation in the United States, from 2002 until the time 2011 admittees graduated, accounts for 32.7%, thus, current students get 32.7% less than their 2002 peers. The group is also proposing married student benefits as is implemented by all other scholarship sources.

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16 Responses to “Kuwait Investment Authority MBA Scholarship News”

  1. ali says:

    Starting on the 11th (today) and ending on the 13th (Wednesday) theres an exhibition in College of Business Administration, Kuwait University that brings together all public authorities that have higher education continuation programs, such as KIA and scholarship office of KU and others…

    [Reply]

  2. Faisal says:

    Although I think this is a great step, it won’t matter in the next 2 – 3 years as we never filled the 10 seats anyway if you remove IE in Madrid from consideration (based on my understanding at least). Since IE has been removed from the list due to its lax admissions process, I doubt the 10 seats will be filled.

    Still a great step to encourage people to pursue higher education at the best schools in the world :)

    [Reply]

    FJ Bliss Reply:

    IE Madrid was removed for this year only, after I asked, they told me that it’ll be back on the list for the upcoming years.. (or so I hope!)

    [Reply]

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  6. Aziz says:

    Harvard Business School has been removed.

    [Reply]

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  15. Meshal says:

    IE & Harvard were removed from the KIA’s list to maintain no more than 5 students per school at one point of time. You can always debate pros & cons of that argument .. your thoughts ..

    [Reply]

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