Under a cooperative agreement forged between the international organization IE and Georgia’s Free University, five candidates of Free University/ESM will have the opportunity to access a special scholarship program that will provide them masters-level studies at IE Business School.

“Free University students frequently continue their education by taking on masters degree programs at leading institutions outside of Georgia, so this partnership is an ideal way to offer the country’s future leaders an opportunity to pursue a degree with a top tier academic institution such as IE,” explained Marina Karchava, Vice Rector at Free University Tbilisi.

IE Business School is recognized as one of the world’s top business schools. The business school, with its central Madrid campus, boasts students from more than 80 countries undertaking Master, Doctorate and Executive Education programs.

Teona Mikadze who is from Georgia, is a graduate of IE Business School (2009) and currently works as the Head of Premium Banking (SOLO) at Bank of Georgia. Reflecting on her experience, she told Georgia Today that IE Business School offers a rewarding experience in all aspects – academic, professional, social.

Moreover, she added, “when I decided to enroll in the MBA program, my objective was to choose a European school within the top 10 global rankings- one with a one year MBA program, a diverse class, and an entrepreneurial focus. IE Business School was the only school that met all my criteria and I am very happy about my choice,” said Teona Mikadze.

Awarded on a yearly basis, the scholarships are intended to be used to cover tuition fees only. There is one scholarship of 50%, one that covers 40% and three scholarships that cover 30% of the fees for the various programs offered at IE Business School. The rest of the fees, students must pay themselves.

“IE has already received impressive applications from Free University alumni and the candidates not only have exceptional academic records but portray an entrepreneurial thinking that will help them succeed in today’s multicultural business environment,” said Joлl McConnell Director of IE Financial Aid.

According to the officials of IE Business School, Georgia is a very dynamic and fast developing country, so it’s no surprise that Georgian professionals desire the knowledge and skills that will enable them to build a successful career in Georgia and abroad.

Liudmila Ishchenko, IE’s Associate Director of International Development Europe commented that “This new partnership with Free University will help Georgians finance their studies at IE and participate in our programs, which are based on our core values of global focus, entrepreneurial spirit and humanistic approach.”

The IE Business School has 500 international faculty members that teach students of more than 80 nationalities in undergraduate (IE University), Masters, Doctorate degrees, and Executive Education programs. IE’s alumni, at present numbering over 37,000, hold management positions in some 100 countries worldwide.

By Lika Moshiashvili, Georgia Today