The Deutsche Bank Middle East Foundation has launched its first annual postgraduate scholarship in the Middle East at the American University of Beirut (AUB).

The scholarship will be offered on AUB’s Olayan School of Business (OSB), beginning as early as September of this year and covering the full two-year MBA tuition.

The scholarship is open to all interested postgraduate students from across the Mena region, who satisfy the AUB’s MBA admission criteria, and who are both financially in need and academically outstanding.

“We are extremely pleased to be able to offer distinguished postgraduate students, who are in need of financial aid, this outstanding opportunity at one of the region’s foremost academic institutions,” said Dr Henry Azzam, chairman of the Deutsche Bank Middle East Foundation.

“We look forward to rolling out similar scholarships in partnership with the AUB and other universities in the region in the near future.”

George K Najjar, dean of the Olayan School of Business at AUB, said: “The Olayan School of Business at AUB is proud to have been selected by Deutsche Bank for its first-ever MBA scholarship in the region, and we are certain that this much appreciated generosity will offer the opportunity for a young deserving person to get a professional head-start by acquiring a highly coveted degree.”

Najjar added: “The OSB lauds DB’s special gesture and considers it a fine example of corporate social responsibility reflecting the spirit of partnership between academia and business in pursuit of shared goals.”

Potential applicants should apply directly to the AUB’s admission’s office. Upon completion of the MBA, the candidate will be considered for an internship at Deutsche Bank, a statement said. – TradeArabia News Service