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Monday, December 27, 2010

SPRING Management Development Scholarship (MDS)

Overview

The SPRING Management Development Scholarship, awarded by SPRING Singapore, aims to nurture the next generation of leaders for the trailblazer companies of tomorrow. Through a co-funding scholarship arrangement to pursue renowned graduate business programmes at leading universities in Singapore, MDS brings together the potent combination of promising young executives who have high leadership potential and dynamic, high-growth small-medium enterprises (SMEs).

SPRING MDS flyer (PDF)

The SPRING Management Development Scholarship provides funding at the following levels :

Full-time MBA : SPRING Singapore will provide grant value of up to 70% of expenses which includes tuition fees, basic stipend and other related costs, including monthly allowance for full-time MBA scholars.


Part-time MBA : SPRING Singapore will provide grant value of up to 90% of tuition fees and other related expenses. The SME will bear the full salaries throughout the course of study.


Eligibility -

For SMEs

You can develop existing young managers in your company or attract new talent through the SPRING Management Development Scholarship (MDS) if your company meets the following criteria


1.at least 30% of your shareholding is local
2.your company’s group fixed assets are below S$15 million
3.you have no more than 200 employees (for companies in the services sector)
4.you have minimum S$10 million annual sales turnover
5.your company shows good growth potential
6.your company offers good opportunities for career development and advancement
For Individuals

You can be a future business leader with a rewarding career in a dynamic, high-growth SME. You can apply for the SPRING Management Development Scholarship if you :


1.are currently working in an SME or are interested to join one
2.are a citizen or permanent resident of Singapore
3.have less than 5 years of working experience
4.successfully apply for one of the approved MBA programmes
You will need to :

1.go through a joint selection process by SPRING and the participating SME
2.serve a 3 month internship in the SME prior to embarking on the approved MBA course. Performance must be deemed satisfactory by the SME
3.serve a bond of up to 2 years in the SME upon completion of your studies

For more information on government assistance programmes, please contact the EnterpriseOne hotline at Tel : (65) 6898 1800 or email enterpriseone@spring.gov.sg or visit their website at http://www.spring.gov.sg/mds


Please kindly mention Scholarization.blogspot.com when applying for this scholarship


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Scholarship Team: Ph.D Scholar Krisstofferson Joniel Scholarship Adviser, PhD Scholar Vitom Chea Scholarship Adviser, PhD Scholar Rebecca T. Dalisay Scholarship Adviser, Ph.D Student Jiao Wang Scholarship Coordinator, MSc Student Dennise Maricel Scholarship Coordinator
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Scholarship Team: Ph.D Scholar Krisstofferson Joniel Scholarship Adviser, PhD Scholar Chea Vitom Scholarship Adviser and Senior Lecturer, PhD Scholar Rebecca T. Dalisay Scholarship Adviser, Ph.D Student Jiao Wang Scholarship Coordinator, MSc Student Dennise Maricel Scholarship Coordinator