The Skoll Scholarship is a competitive scholarship available for incoming MBA students to the Saïd Business School at the University of Oxford. This scholarship provides full funding in addition to a living stipend to students who are interested in pursuing entrepreneurial solutions for pressing social and environmental challenges. The scholarship is open to social entrepreneurs worldwide who meet specific requirements.
To be eligible for the Skoll Scholarship, applicants must have identified opportunities and taken action to make a positive social impact. They should have spent at least three years driving change through entrepreneurial approaches. This could include starting or growing a social venture, creating and leading the expansion of a social impact initiative within an organization, or tackling a specific social/environmental issue through a core thread that unites their work. Applicants must also demonstrate the outcomes and impact of their entrepreneurial action, which addresses unjust systems and practices in their area of work.
In addition, applicants must possess the personal qualities of a social entrepreneur, such as being a force for positive change, tending to explore their environment for opportunities and resources, developing networks and leveraging members to pursue mutual goals. They must also demonstrate that the Oxford MBA is critical to their career trajectory and that they are in a position where the cost of the program is a significant financial burden.
To apply for the Skoll Scholarship, applicants must apply directly to Saïd Business School during stages one or two of the MBA admissions process. They must also upload their answers to the Skoll Scholarship essay questions as part of their MBA application. Applications for the Scholarship are reviewed after each MBA admissions stage, and applicants will receive an update on the status of their Scholarship application shortly after MBA admission decisions have been made from each stage.
Overall, the Skoll Scholarship is an incredible opportunity for social entrepreneurs worldwide to gain the necessary resources to pursue their entrepreneurial solutions for pressing social and environmental challenges. For further information on the scholarship and application procedures, please visit the official website.