After 30 years during which 330 engineers have been awarded £8 million of MBA scholarships, Sainsbury Management Fellows is extending the scheme to include graduates from allied technology and science disciplines such as computer sciences and physics. These graduates will be able to apply for a £50,000 scholarship to attend one of 14 business schools including Harvard, Stanford, LBS and INSEAD.

Lord Sainsbury has increased the scholarship by 67%, from £30,000 to £50,000 per applicant, awarding a total value of £500,000 per annum.  

Over the last six years average business school fees have increased by 19% in Euros and 31% in US Dollars.[1] An MBA galvanises career prospects and income but studying for an MBA at a top international business school is a big financial commitment given that this entails a loss of salary for one to two years, school fees and living expenses.

Lord Sainsbury commented on the increase in funding:

“Sainsbury Management Fellows have contributed to the growth of the UK and world economy, across all economic sectors. Since the scheme began in 1987, over 275 new businesses have been founded and Sainsbury Management Fellows have generated £4.5 billion worth of economic wealth and have created 18,000 jobs.

“I am pleased that my Gatsby Foundation continues to support the Sainsbury Management Fellows’ Scholarship scheme. I hope that, by increasing the amount of the scholarship, we will encourage and enable even more people – from a wide range of backgrounds - to apply for the award in future.”

SMFs also mentor young engineers, hold honorary professorships at higher education institutions teaching subjects such as entrepreneurship, and participate in enterprise and leadership programmes run by the Royal Academy of Engineering, which administers the scholarship scheme for SMF.

SMF Taha Dar, a recent scholarship awardee who is studying at London Business School and ecently won a Great British Entrepreneur Challenge award for co-founding SearchSmartly said: “My objective when choosing to pursue an MBA was to arm myself with the skills and experience that could allow me to one day pursue my own business. The SMF scholarship has played a key role in this journey, and I know it will continue to do so.

“Giving up my job to study for the MBA was a big decision, even though I’m fortunate to be supported by my wife during my two-year programme. The SMF scholarship has significantly mitigated the costs and risks associated with the change in career direction. Future applicants will benefit even more now that the scholarship is £50,000.”

The SMF scholarship scheme is administered by the Royal Academy of Engineering. Anyone interested in applying for the SMF Scholarship or who would like more information about it should visit the “grants and prizes” section of the Royal Academy of Engineering’s website.

You may also be interested in these articles:

Register, Login or Login with your Social Media account:


Advertisers

Upcoming FE Events

Advertiser Skyscrapers

Newsroom Activity

FE News: The Future of Education News Channel shared a video in channel. 1 hour 11 minutes ago

Top 100 Apprenticeship Employers 2020

Join us as we announce the Nation’s Top 100 Apprenticeship Employers, presented by Martin Birchall, Managing Director of High Flyers, and Chanise...

FE News: The Future of Education News Channel had a status update on Twitter 1 hour 11 minutes ago

RT @FENews: Preparing for an Apprenticeship Audit (Zoom Conferencing): Education and Skills Funding Agency funding rules and requirements a…
View Original Tweet

Latest Education News

Further Education News

The FE News Channel gives you the latest education news and updates on emerging education strategies and the #FutureofEducation and the #FutureofWork.

Providing trustworthy and positive Further Education news and views since 2003, we are a digital news channel with a mixture of written word articles, podcasts and videos. Our specialisation is providing you with a mixture of the latest education news, our stance is always positive, sector building and sharing different perspectives and views from thought leaders, to provide you with a think tank of new ideas and solutions to bring the education sector together and come up with new innovative solutions and ideas.

FE News publish exclusive peer to peer thought leadership articles from our feature writers, as well as user generated content across our network of over 3000 Newsrooms, offering multiple sources of the latest education news across the Education and Employability sectors.

FE News also broadcast live events, podcasts with leading experts and thought leaders, webinars, video interviews and Further Education news bulletins so you receive the latest developments in Skills News and across the Apprenticeship, Further Education and Employability sectors.

Every week FE News has over 200 articles and new pieces of content per week. We are a news channel providing the latest Further Education News, giving insight from multiple sources on the latest education policy developments, latest strategies, through to our thought leaders who provide blue sky thinking strategy, best practice and innovation to help look into the future developments for education and the future of work.

In May 2020, FE News had over 120,000 unique visitors according to Google Analytics and over 200 new pieces of news content every week, from thought leadership articles, to the latest education news via written word, podcasts, video to press releases from across the sector.

We thought it would be helpful to explain how we tier our latest education news content and how you can get involved and understand how you can read the latest daily Further Education news and how we structure our FE Week of content:

Main Features

Our main features are exclusive and are thought leadership articles and blue sky thinking with experts writing peer to peer news articles about the future of education and the future of work. The focus is solution led thought leadership, sharing best practice, innovation and emerging strategy. These are often articles about the future of education and the future of work, they often then create future education news articles. We limit our main features to a maximum of 20 per week, as they are often about new concepts and new thought processes. Our main features are also exclusive articles responding to the latest education news, maybe an insight from an expert into a policy announcement or response to an education think tank report or a white paper.

FE Voices

FE Voices was originally set up as a section on FE News to give a voice back to the sector. As we now have over 3,000 newsrooms and contributors, FE Voices are usually thought leadership articles, they don’t necessarily have to be exclusive, but usually are, they are slightly shorter than Main Features. FE Voices can include more mixed media with the Further Education News articles, such as embedded podcasts and videos. Our sector response articles asking for different comments and opinions to education policy announcements or responding to a report of white paper are usually held in the FE Voices section. If we have a live podcast in an evening or a radio show such as SkillsWorldLive radio show, the next morning we place the FE podcast recording in the FE Voices section.

Sector News

In sector news we have a blend of content from Press Releases, education resources, reports, education research, white papers from a range of contributors. We have a lot of positive education news articles from colleges, awarding organisations and Apprenticeship Training Providers, press releases from DfE to Think Tanks giving the overview of a report, through to helpful resources to help you with delivering education strategies to your learners and students.

Podcasts

We have a range of education podcasts on FE News, from hour long full production FE podcasts such as SkillsWorldLive in conjunction with the Federation of Awarding Bodies, to weekly podcasts from experts and thought leaders, providing advice and guidance to leaders. FE News also record podcasts at conferences and events, giving you one on one podcasts with education and skills experts on the latest strategies and developments.

We have over 150 education podcasts on FE News, ranging from EdTech podcasts with experts discussing Education 4.0 and how technology is complimenting and transforming education, to podcasts with experts discussing education research, the future of work, how to develop skills systems for jobs of the future to interviews with the Apprenticeship and Skills Minister.

We record our own exclusive FE News podcasts, work in conjunction with sector partners such as FAB to create weekly podcasts and daily education podcasts, through to working with sector leaders creating exclusive education news podcasts.

Education Video Interviews

FE News have over 700 FE Video interviews and have been recording education video interviews with experts for over 12 years. These are usually vox pop video interviews with experts across education and work, discussing blue sky thinking ideas and views about the future of education and work.

Events

FE News has a free events calendar to check out the latest conferences, webinars and events to keep up to date with the latest education news and strategies.

FE Newsrooms

The FE Newsroom is home to your content if you are a FE News contributor. It also help the audience develop relationship with either you as an individual or your organisation as they can click through and ‘box set’ consume all of your previous thought leadership articles, latest education news press releases, videos and education podcasts.

Do you want to contribute, share your ideas or vision or share a press release?

If you want to write a thought leadership article, share your ideas and vision for the future of education or the future of work, write a press release sharing the latest education news or contribute to a podcast, first of all you need to set up a FE Newsroom login (which is free): once the team have approved your newsroom (all content, newsrooms are all approved by a member of the FE News team- no robots are used in this process!), you can then start adding content (again all articles, videos and podcasts are all approved by the FE News editorial team before they go live on FE News). As all newsrooms and content are approved by the FE News team, there will be a slight delay on the team being able to review and approve content.

 RSS IconRSS Feed Selection Page