The 2011 Management Development Program

Posted on 31/10/2010


ALB offers scholarships to qualified residents of Africa who wish to obtain an MBA through one of our partner universities.  Scholarship comes with great responsibility, and as such, ALB scholarships are offered as part of the ALB Fellowship Program.

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We are pleased to announce a new partnership with IE Business School in Madrid, Spain.

As a Founding University Partner in cooperation with the Foundation for African Leadership in Business, IE Business School will offer 2, 100% fellowships for African residents to attend the International MBA program in Madrid, Spain beginning in 2011.


The scholarship application is open to all African citizens, currently residing in Africa, who meet the qualifications for admission to the IE International MBA program.  At a minimum, successful applicants will need to demonstrate:

To qualify for the ALB Fellowship Program, applicants should demonstrate the following through their application:

  • A commitment to returning to their country after program completion
  • Strong professional background, including 3 or more years of work experience
  • Strong academic background, including completion of a Bachelor degree or equivalent
  • High competency in written and spoken English
  • All other requirements for admission to the IE International MBA program

Eligibility for scholarships is merit and need based.

Student Responsibility:

Fellows are expected to serve as representatives of their country, the African continent, and the ALB Foundation throughout their program and ongoing professional career.  To ensure that the ALB goals are being pursued throughout the MBA program, all ALB Fellows complete the ALB Fellowship Project, which involves the group development of an entrepreneurial business plan to be implemented in the Fellow’s home country.  Additionally, all ALB Fellows are expected to commit to returning to their home country following graduation, and remaining there to work for a minimum of two years.

How to Apply:

All interested candidates should register with ALB as a first step in the application process.  Full details regarding the application process will be sent to registered candidates via email, by October 31.

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