IE Business School and UK Trade & Investment (UKTI), of the British Embassy in Madrid, have launched a joint scholarship program.

Candidates will benefit from a scholarship that covers up to 30% of enrolment fees for pre-experience programs like the Master in Management, Master in International Relations, Master in International Legal Practice, Master in Finance, Master in Marketing Research and Consumer Behavior, Master in Political Communication, and the Master in Corporate Communication. The total amounts would range between 5,400 and 8,700 euros.

Scholarships are also available for the International MBA and the Master in Advanced Finance of IE Business School, covering in these cases between 20% and 30% of enrolment fees respectively. Said scholarships will range between 7,000 and 11,400 euros (up to 20% of fees) for the International MBA, and between 10,500 and 17,100 euros (up to 30%) for the Master in Advanced Finance. Scholarship recipients will be able to request an internship at UKTI’s Madrid Office, the nature of which will depend on their profile and academic achievements. In order to do so they will be required to successfully complete UKTI’s selection process. The internships will permit students to build on their professional experience in the field of international trade. For more information about IE Business School scholarships, go to http://www.ie.edu/financialaid or financialaid.blogs.ie.edu.

Joël McConnell, Director of IE Financial Aid, explained how IE works with partners worldwide to recruit the best students. “Our agreement with UK Trade and Investment will help us to attract the most competitive students in the UK, professionals who want to study in Spain while maintaining links with their country of origin. Hence, in addition to the scholarship to undertake the master program, the agreement also offers the possibility of doing an internship with UKTI in Madrid.”

“Today’s business environment requires efficiency to survive, thrive and take companies to the next level. We support UK and Spanish companies in this when doing business in Spain and investing in the UK, respectively, for which we must provide them with a competitive service to win business. UK Trade and Investment in Spain work with professional advisers, with a priority of understanding the needs of our customers in order to help them with tailored and real-world solutions. We are confident that the MoU/collaboration with IE Business School will bring young talent and future business leaders to our project of furthering the excellent commercial relationship between Spain and the UK”, said Martyn Warr, Director for UKTI Iberia.

About the author

Sally Averill is the Director of IE in the UK and Ireland. She completed the International MBA at IE in 2008 and prior to that had over 10 years international experience working in marketing & business development for entrepreneurial start ups and multi-nationals such as Moet Hennessy and Timex in the UK, Australia and Europe. She is an avid but useless surfer and speaks French, Spanish and Italian to varying degrees of success.