YOUNG TALENTED LEADERS SCHOLARSHIP These scholarships are directed at students who stand out both academically and personally, who are socially aware and responsible and who will pursue one of the following degrees: Degree in Business Administration (English/Spanish) Degree in Law (English/Spanish) Degree in Communication (English) Degree in Psychology (English) The Scholarships will cover all tuition fees, transportation and accommodation in Spain for the selected recipients. In celebration of its 40th anniversary, IE has decided to go further, by dedicating part of its efforts and resources to supporting valuable "talent of tomorrow" by way of a General Scholarship Fund for young leaders of the world. As a result, for the academic year 2014-2015, IE is offering a unique opportunity for any young person looking to pursue university studies, who possesses high personal potential and excellent academic qualifications. AJE is one of the largest multinational beverage companies, with presence in more than 20 countries in Latin America and Asia, and with 15,000 direct and indirect employees. Globally, AJE is the 10th largest soft drinks company in sales volume and the 4 th largest producer of carbonated soft drinks (source: Euromonitor, 2011). With a strong commitment to "democratizing consumption," AJE reaches out to new consumer groups and provides them with access to high quality products at fair prices. In addition to its flagship brand, BIG Cola, AJE’s product portfolio is complemented with brands such as Cielo, Cifrut, Pulp, Sporade and Volt in the categories of water and juices, as well as hydrating and energy drinks. AJE’s vision is to be one of the top 20 multinational companies by the year 2020. AJE and The IE Foundation have a shared interest in supporting progress in society through training and education of human capital, in particular in emerging countries. The creation of high quality leaders is key to the development of successful business environments, production processes and the organizations that make up the business world. One of the key corporate Values of AJE is entrepreneurship, and through its partnership with the IE, the company aims to foster this value amongst young professionals, inspiring them to think big and make their dreams come true. Welcome to IE University The IE Foundation is the Institution in charge of ensuring that scholarships provide selected students with sufficient financial aid for the duration of their studies at IE (enrollment, tuition, accommodation, transportation and medical insurance) for their 4 year degree. Students will also receive a corporate program during the summer months geared towards professional projects and practices, in conjunction with the General Director of Professional Careers at IE. The IE University is for students who believe that learning is a way of life and are open to the transforming role of higher education. IE University is marked by its international campus, entrepreneurial spirit, pioneering initiatives, and commitment to educate young professionals and experts for international vocations, with the ability to make a positive impact on society. The unique learning environment of IE University is characterized by four key pillars: personalization, academic rigor, the integration of different fields of knowledge, and entrepreneurial spirit. The IE University learning environment promotes an international vision, with students and professors from many different parts of the world. This adds a unique dimension to the learning environment, by incorporating a wide variety of perspectives and experiences. The IE Foundation is an instrument of IE that enables students, teachers and staff to further their educational, research and management activities. Priority is given to the training and cultural outreach of all people and institutions that have ties with IE. Resources go to funding scholarships for students, grants for training and research for professors, and funds for updating and improving IE’s state of the art facilities. The Foundation operates throughout Spain, but also has an international presence throughout North and South America, Southeast Asia, the Middle East, Northern Africa and Europe. Requirements for Interested Applicants: 1. 2. 3. 4. 5. Applicant must be of Indonesian or Thai nationality and must be residing in the country of origin. Applicant must be in possession of a secondary school diploma (high school diploma) (). In the case that the diploma is from foreign or private schools, it must be validated by the Ministry of Education, Culture and Sport before the deadline for submission of applications. Applicant must have excellent knowledge of the English language (spoken and written) accredited as requested at the time of application. Applicant must demonstrate academic excellence: for students with an average GPA of between 8.5 and 10 or equivalent on their high school diploma. Justification/Proof of financial need (chose one of the options below) : a. Last three months proof of payroll for parents or guardians b. Last year’s tax return for parents or guardians. c. Other documentation demonstrating financial need. Application Process: 1. 2. Applications require the following documents and process: - Studies that you wish to pursue at IE University - Written admissions test provided by IE University - Reference Letters from Professors or Persons related to your academic career - Photocopy of official country identification or Passport - Diploma and certified transcripts The Application deadline for the 2014-2015 Scholarships is March 15, 2014 Selection Process: 1. 2. 3. The organization responsible for management of the selection process is the IE Foundation The Scholarship committee of the IE Foundation will support the decision of the Selection Committee which is formed by persons designated by the Admissions Department At the end of the process, the Selection Committee will publish a list of the selected recipients, and also a waiting list of applicants. The number of candidates on the waiting list must not be double the amount of available Scholarships. 4. The final approval of the Scholarship is subject to admission to IE University for the selected candidates. If a selected recipient cannot complete admissions to IE University, or cannot attend, a different recipient will be selected from the waiting list. Endowment of Scholarships The endowment of the scholarships will be distributed in the following manner: 1. 2. 3. 4. Monthly allowance to cover living expenses including accommodation in the IE University residences (residence Reyes Catolicos) Assistance with the flights to and from Madrid Enrollment and tuition costs and university required medical insurance (insurance for sickness, accidents for the recipients of the Young Talented Leaders Scholarship excludes preexisting medical conditions and dentistry) Allowance for books and school supplies Applicants should meet all of the requirements, and should also submit any documentation attesting to the merit of the applicant that has not been previously provided in the admissions process, along with the scholarship application. Applications should be submitted either via email or through the website. In order to complete the application process, a copy of the application should be printed and signed and sent by mail before the stated deadline. All candidates should complete the application and send it by email to financialaid@ie.edu or to the following mailing address: IE Financial Aid, Maria de Molina, 13, 28006 Madrid – Spain Regulations for granting Scholarships: “Young Talented Leaders Scholarship” presented by the IE Foundation and AJE The IE Foundation (IEF) is committed to the training and cultural outreach of all people and institutions that have ties with IE, among other functions. Its resources are directed to the funding of scholarships for students, grants for the training and research of teachers and funds for updating and improving state of the art facilities at IE. The IE Foundation operates in Spain, but has an international scope and presence in North and South America, Southeast Asia, the Middle East, North Africa and Europe. Through these activities, the IE Foundation promotes entrepreneurial spirit, which remains the basis of social and economic development, at both national and international levels. The IE University is for students who believe that learning is a way of life and are open to the transforming role of higher education. IE University is marked by its international campus, entrepreneurial spirit, pioneering initiatives, and commitment to educate young professionals and experts for international vocations, with the ability to make a positive impact on society. The unique learning environment of IE University is characterized by four key pillars: personalization, academic rigor, the integration of different fields of knowledge, and entrepreneurial spirit. The IE University learning environment promotes an international vision, with students and professors from many different parts of the world. This adds a unique dimension to the learning environment, by incorporating a wide variety of perspectives and experiences. In 2013, with support from AJE, the IE Foundation is proud to offer 2 full-scholarships to study at IE University. These scholarships will cover and include all enrollment and tuition costs, a monthly allowance (stipend) for housing and accommodation, travel to Spain, and medical insurance for selected recipients. These scholarships are directed at students who stand out both academically and personally, who are socially aware and responsible and who will begin studying at IE University in any of the degrees offered and be a national of and resident in one of the following countries: Indonesia and Thailand. Objective and Purpose: These scholarships are directed at students who stand out both academically and personally, who are socially aware and responsible and who will begin studying at IE University in any of the degrees offered and be a resident from one of the following countries: Indonesia and Thailand. 1. Eligibility New students for the academic year 2014-2015 2. Duration of the Scholarships: Academic Year 2014 – 2015 Possibility to be extended for each of the following 3 academic years if the awardees maintains the academic performance required by IE University 3. Scholarship Objective: Scholarships will be awarded to candidates accepted for admission to one of the following degree programs (jointly selected by IE University, IE Business School, AJE and IE Foundation) in the Academic Year 2014 – 2015: degree in business administration (English/Spanish) - degree in law (English/Spanish) - degree in communication (English) - degree in Psychology (English) 4. Management of the Grants/Scholarships (Grant Management) The IE Foundation is responsible for the management of scholarships with the collaboration of IE University and AJE as a participant in the Committee for Scholarships of the IE Foundation. a. Requirements for Interested Applicants: Applicant must be an Indonesian or Thai national and must be residing in the country of origin. a. Applicant must be in possession of a secondary school diploma (high school diploma) (). In the case that the diploma is from foreign or private schools, it must be validated by the Ministry of Education, Culture and Sport before the deadline for submission of applications. Applicant must have excellent knowledge of the English language (spoken and written) accredited as requested at the time of application. Applicant must demonstrate academic excellence: for students with an average GPA of between 8.5 and 10 or equivalent on their high school diploma. Justification/Proof of financial need (chose one of the options below): i. Last three months proof of payroll for parents or guardians ii. Last year’s tax return for parents or guardians. iii. Other documentation demonstrating financial need. Application Form and Deadline for Submission: For sending requests/applications for scholarship, students must: - be accepted into one of the approved degree programs of IE University (To start the admission process, you may contact University@ie.edu.) - submit the appropriate application form (available at www.ie.edu/ayudafinanciera) and duly completed scholarship application to financialaid@ie.edu indicating that you have selected the “Young Talented Leaders Scholarship” scholarship. - include two letters of reference/recommendation from professors or chosen persons who can attest to your academics - attachments to the previous form with any other evidences of the academic excellence of the student. If these documents have not already been submitted during the admission process (curriculum, transcripts, full academic certificate/diploma and title, need not be send again) - provide three most recent proof of payroll of their parents or legal guardians or if these are not available, declaration of their income (last year’s tax return) - The deadline for submission of applications for the 2014-2015 scholarship is March 15, 2014 Scholarship Selection Process: To qualify for these scholarships, applications must meet the following requirements: - - Must be admitted to IE University. To begin the admissions process, please contact university@ie.edu Submit the completed scholarship application which is available on www.ie.edu/financialaid and send it to financialaid@ie.edu indicating that you are applying for the Young Talented Leaders Scholarship Include two letters of reference from professors or qualified persons who can attest to your academic career Include any other supporting documents which attest to the academic excellence of the applicant, if these documents have not been sent previously in the admissions process. Include the last three payroll slips from the parents or guardians or if these are not available, the last tax return statement The submission deadline for the completed application is April 15, 2014 Information of the Scholarship Scheme: A: The procedure for granting of the scholarships will be processed in competitive concurrence scheme. It will start automatically through call for proposals published in the «official bulletin of the State», in which related information will be presented. Also will be published on the web page of IE http://www.ie.edu/, of the IE Foundation and will be communicated to all IE representation offices. B: In each announcement the following information as stated in article 23.2 of Law 38/2003 from November 17: - The number of available scholarships and their length: 2 Scholarships will be available under the Young Talented Leaders Scholarship program. The length of the scholarships is for the academic career of the recipient, with the possibility to be extended until the completion of three additional academic years, if the candidate maintains the minimum academic requirements of IE University. - The application forms and information on how to complete and submit the application - Specific means of notification or publication of the recipients, if applicable Selection Process and Explication of Selection Committee - - - The organization responsible for management of the selection process is the IE Foundation The Scholarship committee of the IE Foundation will support the decision of the Selection Committee which is formed by persons designated by the Admissions Department At the end of the process, the Selection Committee will publish a list of the selected recipients, and also a waiting list of applicants. The number of candidates on the waiting list must not be double the amount of available Scholarships The final approval of the Scholarship is subject to admission to IE University for the selected candidates. If a selected recipient cannot complete admissions to IE University, or cannot attend, a recipient will be selected from the waiting list. Endowment of Scholarships The endowment of the scholarships will be distributed in the following manner: - - Monthly allowance to cover living expenses including accommodation in the IE University residences (residence Reyes Catolicos) Assistance with flights to and from Madrid Enrollment and tuition costs and university required medical insurance (insurance for sickness, accidents for the recipients of the Young Talented Leaders Scholarship excludes preexisting medical conditions and dentistry) Allowance for books and school supplies Obligations of the Recipients of the YTL Scholarships: - - - - Respond with dedication and meet the academic demands of IE University and the conditions of the YTL Scholarship provided by IE Foundation and AJE Send all required forms and applications or reports as requested by the offering institutions Remain enrolled in the department in which the recipient is pursuing their studies. Any request for absence from the Center or to change or modify the project of studies, or to return temporarily to their country of origin or return before the authorized date, should be presented at the IE Foundation for prior consideration If approved, and the fellows are authorized to temporarily leave the department in which they do their degree, they may continue receiving monthly allocations established for a maximum period of 30 days. Present, a report of the results obtained, together with a report from the Academic Director and official copy of academic certification, as appropriate, to the Scholarship Committee. Fellows enrolled in a 4 year degree and benefitting from the YTL Scholarship are committed to return to their country of origin, for a minimum period of twenty-four months continued, commencing upon graduation. This commitment will be expressed in writing prior to the final award of the scholarship. Regulations/Incompatibilities: - - - This scholarship may not be combined with any other type of scholarship or loan with prior approval from the IE Foundation Deadline for Submission: March 15, 2014 Applicants should meet all of the requirements, and also should submit along with the scholarship application any document attesting to the merit of the applicant that has not been previously provided in the admissions process. Applications should be submitted either via email or through the website. In order to complete the application process, a copy of the application should be printed and signed and sent by mail according to the stated deadline. All candidates should complete the application and send it by email to financialaid@ie.edu or to the following mailing address: IE Financial Aid, Maria de Molina, 13, 28006 Madrid – Spain