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Staton scholarship

Staton scholarship

When 15 September 2024
Where Online

”Addressing the 2016 IMD MBA class, Woods Staton, CEO, Chairman of the Board and controlling shareholder of Arcos Dorados Holdings Inc. – McDonald’s largest franchisee in the world – said that the year he spent gaining skills in IMD’s MBA program was one of the most important in his life.”

Mr Woods Staton attended IMD in 1976 and after he obtained his MBA, he returned to his family business in Colombia. In 2016, the year that he launched the MBA Staton Scholarship, he shared insights into his remarkable career path. Read more

AmountCHF 50,000
Number of scholarships1
Deadline to apply15 September, 2024
CriteriaBe a citizen of Latin America (excluding Brazil) and return for at least three years after graduation. The scholarship will be transformed into a loan should the candidate not return to Latin America.
EssaySend a 750-word essay with the title:
“The role of entrepreneurs in moving my country forward and my contribution to that goal.”
IMD MBA Financial Aid Form and supporting documents needed?Yes
Recipient confirmed by18 October, 2024

How to apply for this scholarship

Scholarship applications are made through your admissions application form. Before you apply to the program, we strongly recommend that you evaluate the investment needed and investigate the various financing options available to you. An overview of the program fees, payment schedule and estimated living expenses can be found by clicking here.

To apply for this scholarship:

  • Review the eligibility criteria for the various scholarship offerings to determine which ones you qualify for.
  • Access the Financial Aid form from the finance section of your admissions MBA application form.
  • Complete the form and check the box next to any scholarship(s) you meet the criteria for and wish to apply for.
  • Ensure you submit all the requested documents, including the required essay.

Please note that typically, participants are only awarded one scholarship, and scholarships are reserved for those who are not sponsored by their company.


Tomás Perez Bacchi, Argentina, MBA 2023

“Prior to the MBA, I already held a BA in Economics and a Masters in Finance and had 12 years of experience in the financial industry. 
During the program, I hope to develop my cultural intelligence by gaining a deeper appreciation for the different perspectives that a multicultural team can bring to a business challenge. I would also like to learn how to inspire and motivate others, and to create a positive and productive work environment. 

I am deeply grateful to Mr. Woods Staton for giving me the possibility to be a part of the prestigious IMD MBA program. Without his help, I would not have been able to pursue my dream and take my career to the next level. Upon graduation, I look forward to contributing to the growth and development of businesses in Latin America.” 

For more scholarship information, kindly refer to the scholarship section on our webpage.