Sainsbury Management Fellowship
Encyclopedia
The Sainsbury Management Fellowship scheme was setup in 1987 by David Sainsbury (now Lord Sainsbury of Turville) to develop UK engineers into leaders in industry and thereby to improve the competitiveness of UK engineering, manufacturing and construction businesses. Lord Sainsbury felt that, when contrasted with many overseas companies, especially in Germany and Japan, the lack of qualified engineers on the boards of UK companies was to the detriment of the performance of UK industry.

The scheme supports engineers in undertaking a full-time MBA at a leading international business school.

By 2011, 24 years after its inception, the scheme had supported 275 engineers in gaining an MBA. Ongoing around 10 scholarships are awarded each year .

Sainsbury Management Fellowship Candidates

Awards are made to UK citizens who are Chartered Engineers
Chartered Engineer (UK)
In the United Kingdom, a Chartered Engineer is an engineer registered with Engineering Council UK . Contemporary Chartered Engineers are master's degree-qualified and have gained professional competencies through training and experience...

 (CEng status) and have a track record of achievement in industry, demonstrating their potential and ambition to rapidly achieve leadership positions in UK industry. Assessment includes attending an interview panel staffed by Fellows of the Sainsbury Management Fellowship and the Royal Academy of Engineering
Royal Academy of Engineering
-Overview: is the UK’s national academy of engineering. The Academy brings together the most successful and talented engineers from across the engineering sectors for a shared purpose: to advance and promote excellence in engineering....

.

Benefits of a Sainsbury Management Fellowship

  • A total of £30,000 for tuition cost of a full-time MBA course at a leading international business school (from a designated list).
  • Access to the members of the Sainsbury Management Fellowship who act as a network of informal career advice and cross-mentoring.
  • Access to career development seminars and workshops periodically organised by the Sainsbury Management Fellowship.

Applications

The SMF scheme is administered by the Royal Academy of Engineering
Royal Academy of Engineering
-Overview: is the UK’s national academy of engineering. The Academy brings together the most successful and talented engineers from across the engineering sectors for a shared purpose: to advance and promote excellence in engineering....

. Applications can be made via their website.

Sainsbury Management Fellowship

After their MBA, Sainsbury Management Fellows are invited to join the Sainsbury Management Fellowship. This was established in 1993. SMF objectives are:

1 To raise awareness of the skills engineers can deliver as leaders amongst major corporations and policy makers and to raise awareness of the SMF as a leadership resource

2 To establish SMFs as opinion shapers in UK business and management, technology and innovation

3 To encourage entrepreneurial activities inside established companies and the creation of new companies

4 To encourage the development of young engineers into business leaders

5 To provide support to enable the continuing professional development of the membership
The Fellowship hosts a number of activities including continuing professional development, networking events and an annual dinner. SMFs have served as mentors to over 450 engineering undergraduates since 1997.

SMF Society – Membership Profile

As at 2011, SMF has 275 members, with 265 members who have graduated from business schools in Europe and the United States and 10 who are studying for their degrees. All Fellows have undergraduate or graduate engineering degrees from leading institutions, as well as their MBA. Most have international experience and are multilingual. Of the business school graduates, 72% are employed in industry (of whom 70% are based in the UK or work for UK firms), 10% are in consulting, 12% are in Finance and the remaining 6% are in other occupations. Sixty Fellows own and manage small to medium sized enterprises. The average age is 37.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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