See Search Box
lower down this column for searches of Finfacts news pages. Where there may be
the odd special character missing from an older page, it's a problem that
developed when Interactive Tools upgraded to a new content management system.
Welcome
Finfacts is Ireland's leading business information site and
you are in its business news section.
Anonymous donor offers €500,000 for graduates in Ireland to undertake Masters at UCD Michael Smurfit Graduate Business School
By Finfacts Team
May 31, 2010 - 4:33:58 AM
An anonymous private donor is offering €500,000 for graduates in Ireland, to undertake a Masters at UCD Michael Smurfit Graduate Business School. The Aspire scholarships will provide an opportunity for up to 60 graduates, who would otherwise be unable to afford fourth level education, to attend the Irish business school. This fund was set up by the donor to support the Irish economy.
At the launch of Aspire 2010, Professor Tom Begley, Dean of UCD Smurfit School said: “Many talented minds are unable to consider doing a Masters due to a lack of finance. The Aspire scholarship will facilitate top-quality candidates who find themselves in this position to undertake a further step in their education.” “Not only is this a very generous donation, it is very positive for the recovery of the Irish economy,” Begley added. “We will be looking for bright, astute, enthusiastic entrants who best represent tomorrow’s business leaders.”
This year, three MBA and nine specialist Masters scholarships are on offer to sharp, ambitious graduates. The selection of candidates will be based primarily on financial need and the Aspire scholarship fund will initially run over a five-year period.
“UCD Smurfit Business School is consistently ranked by the Economist and the Financial Times amongst the top 100 schools in the world,” said Begley. “The School’s alumni network boasts more than 27,000 alumni in 50 countries, many of whom are industry leaders. By 2015, 60 Aspire scholars will have graduated from our School and will have access to this prestigious global network as a result of this gift.”
A press and online advertising campaign will be rolled out in the coming weeks to promote the initiative further. The Aspire scholarship will comprise of 50% of tuition fees for each of the successful scholars and applications will be reviewed by a high powered selection board chaired by Cormac McCarthy, CEO, Ulster Bank. The recipients of the scholarship will also have loan facilities available for the remaining 50% of their fees if required.
