Schaan (FL), January 31, 2023 – A new scholarship program aims to attract more MBA program applicants with a background in science, technology, engineering, and math (STEM) and the ambition to pursue a leadership role in STEM professions.
Hilti, a global leader in the construction industry providing innovative tools, fastening systems, software, and other services, and the International Institute of Management Development (IMD) are strengthening their partnership through the newly launched Hilti IMD MBA Scholars Program. Hilti and the Hilti Family Foundation Liechtenstein have pledged CHF 3 million to establish the Hilti MBA Scholars Program fund, which would make up to CHF 300,000 in scholarship funding available annually over ten years. The objective is to support sixty Hilti MBA scholars over the period by covering 50% of their tuition expenses.
Successful candidates are required to have an academic background and a passion for STEM subjects. They need to convince IMD of their ambition and ability to use their education to pursue a leadership role in STEM professions.
“A competitive MBA scholars program aims to support the brightest MBA candidates from around the world,” said Jahangir Doongaji, Hilti CEO. “The new Hilti IMD MBA Scholars Program also aims to nurture talent and encourage new voices, views, and perspectives to pursue leadership roles in STEM industries,” continued Doongaji.