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Management Development Scholarship (MDS)
Designed to nurture the leadership of tomorrow for growth-oriented enterprises

What Our Participants Say

“The course has been extremely helpful because it is tailor-made for SMEs. It has sharpened my business acumen. Now I can relate better with external parties like investors and analysts, as well as with my financial controller and management staff.”

Mr Willie Wong
Chairman
Chinyee Engineering & Machinery
Nanyang EMBA

The Management Development Scholarship aims to raise up 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 local universities, MDS brings together the potent combination of promising young executives who have high leadership potential and dynamic, high-growth SMEs.

The Management Development Scholarship will provide 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 expenses, including monthly allowance for full-time MBA scholars. The remaining costs are borne by the sponsoring SME.

  • 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. The remaining costs are borne by the sponsoring SME.
For SMEs

You can develop existing young managers in your company or attract new talent through the Management Development Scholarship if your company meets the following criteria :
  • At least 30% local shareholding, group fixed assets below S$15 million
  • Less than 200 employees (for companies in the services sector)
  • Shows good company growth potential
  • Offers good opportunities for career development and advancement
  • Fulfills criteria (A) and (B),  OR  (A) and (C) :

    (A) Size and growth

    1. At least S$10 million in annual sales turnover#, or
    2. At least S$5 million in annual sales turnover# and company growth exceeding industry average, or
    3. At least 50 staff and company growth exceeding industry average

    (B) Markets

    1. Revenue from overseas markets, including sales from non-domestic sources, foreign exports, or sales bound overseas via local intermediary

    (C) Operations

    1. Investments in foreign operations, or
    2. Multiple establishments^
* SMEs are defined as companies with at least 30% local shareholding, group fixed assets below S$15 million and less than 200 employees
# Turnover to include only value added products and services
^ Examples of establishments include outlets, factories, facilities

For Individuals

You can be a future business leader with a rewarding career in a dynamic, high-growth SME. You can apply for the Management Development Scholarship if you :
  • are currently working in an SME or are interested in joining one
  • are a citizen or permanent resident of Singapore
  • have 3 to 8 years of working experience
You will need to :
  • apply to a recognised academic programme
  • seek an SME to participate as a Sponsor Company, before embarking on the programme
  • serve a 3 month internship in the SME prior to embarking on the approved course if you are a new recruit. Performance must be deemed satisfactory by the SME
  • serve a bond of up to 2 years in the SME upon completion of your studies
Supported Courses

Scholarships would be awarded on condition of successful placement in one of the following courses below :


Management Development Scholarship (MDS)
Master’s Programmes


PROGRAMME


DESCRIPTION
(Dates / Fees after grant – excludes GST)


CONTACT INFO


NUS MBA

Info-Sessions

July 2009

Full-time : 12 months S$15,000
Part-time : 24 months S$5,000

Ranked 1st in Singapore and 3rd in Asia by QS Global 200 B-Schools 09, this offers a strong global curriculum with an unique focus on the culture and conduct of business in the Asia Pacific region. Participants can opt for General Management or specialise in a specific discipline.
Application Deadline :
31 Mar 09 (Full-time)
15 May 09 (Part-time)

Contact : NUS Business School
Tel: 6516 2068 
Email: mba@nus.edu.sg

Nanyang MBA

Info-Sessions
July 2009

Full-time : 16 months S$12,000
Part-time : 24–32 months S$3,800


Ranked 24th worldwide by FT 09, this programme offers global perspectives to management issues with an Asian focus. Participants can opt for general or specialized tracks.
Application Deadline :
31 March 09

Contact : Nanyang Business School
Tel: 6790 6183 / 6055
Email: nbsmba@ntu.edu.sg


SMU MBA

Info-Sessions
September 2009
January 2010

Part-time : 16 months S$5,600
Full-time: 12 months S$15,900


With an emphasis on both management and leadership training, the programme provides participants with an accelerated curriculum, access to the business community, and a solid business foundation.
Application Deadline :
1 Aug 09 (Full-time)
1 Apr 09 (Part-time)

Contact : SMU – Lee Kong Chian School of Business
Tel : 6828 1941
Email: mba@smu.edu.sg


Manchester MBA

Info-Sessions
Jan 2010
July 2010		 Part-time only : 30 to 36 months S$5,000




Ranked 32nd worldwide by FT 09, participants undergo a thorough grounding in business management while tailoring the programme to suit their professional needs as a generalist, finance professional, engineer or a construction specialist.
Application Deadline :
19 Nov 2009 (Jan intake)
21 May 2010 (Jul intake)

Contact : Manchester Business School
Tel: 6538 4454
Email: mbaenquiries@mbs-worldwide.edu.sg


UniSIM’s Executive Master in Technology Entrepreneurship (TEN)

Info-Sessions
Part-time only

Oct 2009 - 18 months


Feb 2010 - 16 months



S$2,780 (for Poly Diploma Holders)

S$2,400 (for Degree Holders)


Especially for new managers in engineering/technology or process based companies, this programme offers pathways for diploma and degree holders to attain a MSc through an accelerated curriculum.
Application Deadline :
30 Apr 09 (Poly Diploma Holders)
31 May 09 (Degree Holders)

Contact : UniSIM
Tel: 6248 5787
Email: graddip&master@unisim.edu.sg


NTU-NTC MSc in Technopreneurship & Innovation (TIP) 

Info-Sessions
May 2009

Full-time only: 12 months S$10,500


With an emphasis on “experiential learning”, this programme is modeled against the entire venture creation cycle and aims to develop entrepreneurial leaders through global learning experiences. Options for immersion programmes in US, Silicon Valley or China.
Application Deadline :
30 Apr 09

Contact : NTU – Nanyang Technopreneurship Center
Tel : 6790 6675
Email: ntc@ntu.edu.sg



How-to Guide

Apply for the Management Development Scholarship (MDS)

Useful links

DBS Enterprise Education Loan
Website : www.dbs.com/sg/enterprise/credit/education


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

Current Selection
Management Development Scholarship (MDS)
- How to apply?





Management Development Scholarship : Class of 2008

 


Business Leaders Scholarship Ceremony 2008


 

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Last updated on 01 Jul 2009
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