NEW HAVEN, Conn.–(BUSINESS WIRE)–Speaking at Strathmore University in Nairobi, Kenya, on March 15, Yale
University President Peter Salovey announced an expanded opportunity for
emerging leaders in Africa to pursue an MBA education at Yale. The Yale
School of Management will dedicate two scholarships in its full-time MBA
program for students from the continent who intend to return and
contribute to economic growth in their nations and communities.
“This initiative is part of a broad commitment across the university to
build on our longstanding relationships in Africa,” said President
Salovey. “Yale, our partner institutions, and even the world benefit
immensely from our collaborations with people and organizations on the
The Yale-Africa Impact Scholarships will be awarded based on merit to
the candidates most likely to advance Yale SOM’s mission to educate
leaders for business and society. The scholarships will provide funding
for at least half of the tuition for the full-time MBA program
(approximately $70,000–$140,000 USD over two years). Within two years of
graduation from Yale, Impact Scholars are expected to return to Africa
to work for at least two years in a professional role that contributes
to the continent’s development.
To be considered, prospective students from Africa must apply and be
admitted to Yale SOM’s full-time MBA program. Once admitted, scholarship
decisions will be decided based on the competitiveness of the
applicants. No additional application is needed. These scholarships will
be in addition to the school’s existing partnership with the Harambe
Entrepreneurship Alliance, which provides a full-tuition scholarship to
one outstanding African entrepreneur.
“We’re excited to strengthen our ties with the continent of Africa,”
said Acting Dean Anjani Jain. “Yale SOM’s mission-driven approach to
leadership, as well as our global reach and close bonds with our home
university, make this program the ideal launching pad for young
professionals who want to create economic value and new opportunities
for those around them.”
The school’s increased commitment to Africa builds on its existing
connections to the continent. Thirty-two students from Africa are
currently enrolled in the Yale SOM’s various degree programs, and the
school’s Africa Business Club serves as an hub for students with
connections to Africa.
A number of academic pursuits regularly bring Yale SOM students to
different regions in Africa. Through a 2018 course, called “Design as
Utility,” students researched the water shortage in Cape Town, South
Africa, and traveled to Cape Town this week to work with local
organizations working on solutions to the crisis. First year students
have traveled to a number of countries in Africa through the
International Experience course since its inception in 2007, including
Egypt, Ghana, Namibia, and, most recently, South Africa, where students
traveled this week to study sustainable growth. Through the Global
Social Entrepreneurship course, teams of Yale students have worked
closely with nonprofit organizations in Ghana and South Africa in recent
Yale SOM students also benefit from connections to four peer business
schools in Africa through the Global Network for Advanced Management.
The Global Network serves as a platform for innovative business
education program, including the popular Global Network Week, through
which students take a week-long course at another member school. The
African member schools are Lagos Business School in Nigeria, Strathmore
Business School in Kenya, University of Cape Town Graduate School of
Business in South Africa, and the University of Ghana Business School.
More than 40 Yale SOM alumni currently live and work in Africa, and
alumni chapters bring together graduates in Ghana and Nigeria. Prominent
alumni whose work has had a meaningful impact in Africa include Ken
Ofori-Atta ’88, Minister of Finance in Ghana, and Donald Gips ’89,
former U.S. Ambassador to the Republic of South Africa.
The university-wide Yale Africa Initiative promotes African scholarship,
contemporary discourse, and research at Yale and in Africa; strengthens
Yale’s relationships with African institutions; increases career
opportunities for Yale students across Africa; and attracts the best and
the brightest African students to Yale.
About Yale School of Management
The mission of the Yale School of Management is to educate leaders for
business and society. The school’s students, faculty, and alumni are
committed to understanding the complex forces transforming global
markets and using that understanding to build organizations—in the
for-profit, nonprofit, entrepreneurial, and government sectors—that
contribute lasting value to society.