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Kuwait Investment Authority MBA Scholarship Award

Kuwait Investment Authority (KIA) offers five scholarships per year to qualified applicants who have secured unconditional admission into the Master of Business Administration (MBA) program at one of the 25 universities approved by KIA’s scholarship committee. The Kuwait Cultural Division will supervise students enrolled at universities in the United States.

Please choose your topic from the following articles, or you can go back to the Rules and Regulations main page.

 

KIA Students
  1. Term and Conditions.
  2. Scholarship Requirements.
  3. Financial Benefits in Kuwaiti Dinars (KD).
  1. Penalties.
  2. Approved Universities for KIA MBA Scholarship.




 
Term and Conditions
  • Maximum period of sponsorship: Two academic years.
  • Starting date of sponsorship: First day of classes.

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Scholarship Requirements
  • Unconditional admission to one of the universities designated by KIA.
  • Kuwaiti Citizenship.
  • Satisfactory KIA interview.

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Financial Benefits in Kuwaiti Dinars (KD)
A. 
  
  1. Monthly stipend: Twelve hundred (1200) KD.
  2. Book allowance per academic semester: Five hundred (500) KD.
  3. Computer allowance: One time five hundred (500) KD.
  4. Annual airline ticket: Seven hundred fifty (750) KD.
  5. Research and scientific journal subscription: Fifty (50) per academic year.
B.  
  
  1. KIA will meet all expenses related to tuition, fees, examination charges and thesis costs. A copy of the thesis proposal must be submitted to KIA for approval.
C.  
  
  1. Medical and dental insurance coverage provided by the Kuwait Health Office in Washington, D.C.
D.  
  
  1. Attendance at one professional conference during the degree program. The conference must be recommended by the program director of the university and approved by KIA. Students are required to submit a report on the conference to KIA.
E.  
  
  1. Students are required to maintain full-time status during each academic term.
F.  
  
  1. Code of conduct: Students are required to comply with the laws of the host country; follow the rules and regulation of their schools; comply with Kuwait Cultural Division’s policies; maintain perfect attendance and graduate on time.
  2. KIA maintains the right to terminate or suspend a student’s scholarship mission based on the evaluation and recommendation of the Academic Committees of KIA and the Cultural Division. These Committees may also consider a maximum scholarship extension of six months. Financial entitlements during the period of scholarship suspension or extension will be determined by the academic committees.
  3. A Student’s resignation from scholarship becomes effective on the day the Academic Committee acknowledges the resignation.

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Penalties
  1. KIA reserves the right to request reimbursement of its expenditure if the student fails to successfully complete the degree requirements according to the terms and conditions of the scholarship regulations.
  2. In addition to these rules and regulations, Civil Service Law number 15, of 1979 will be applied to all scholarship recipients.
  3. KIA reserves the right to modify, add, delete or interpret the articles of the scholarship regulations in accordance with the Committee’s recommendations.

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Approved Universities for the Kuwait Investment Authority's MBA Scholarship
  1. University of Pennsylvania: Wharton US.
  2. Harvard Business School US.
  3. Columbia University US.
  4. London Business School United Kingdom.
  5. Insead France.
  6. University of Chicago GSB US.
  7. Stanford University GSB US.
  8. New York University: Stern US.
  9. MIT: Sloan US.
  10. Dartmouth College: Tuck US.
  11. Northwestern University: Kellogg US.
  12. IMD Switzerland.
  13. Iese Business School Spain.
  14. Yale School of Management US.
  15. Instituto de Empresa Spain.
  16. Cornell University: Johnson US.
  17. University of North Carolina: Kenan-Flagler US.
  18. Georgetown University: McDonough US.
  19. University of Virginia: Darden US.
  20. Duke University: Fuqua US.
  21. University of Toronto: Rotman Canada.
  22. Emory University: Goizueta US.
  23. Rotterdam School of Management Netherlands.
  24. York University: Schulich Canada.
  25. University of California, Berkeley: Haas US.

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