MBA Scholarship

MBA Scholarhip Application Details

2008 application period is complete. Review is underway.

John. A. Hartford Foundation Building Academic Geriatric Nursing Capacity

Nurse MBA Scholarship Program

The American Academy of Nursing, with support from the John A. Hartford Foundation of New York City, seeks nurse applicants pursuing a Masters of Business Administration (including Executive MBA) at a highly ranked school of business (top 30 according to Business Week), and committed to a career focus in management within institutions serving older persons.

The Hartford Foundation created the Nurse Master’s in Business Administration scholarship to address the critical need for nursing leadership in health systems to improve care for elders. Nurses who anticipate a Career Focus in the following area are encouraged to apply:

• Institutional level management in health care systems providing services for older persons
• Leadership in health care systems providing services for older persons
• Creating innovative learning environments for nursing students in health care systems providing services for older persons

The Nurse MBA Scholarship Program offers grant-funded scholarship support of $50,000 over the period of one or two years to successful candidates who will commence or continue full-time in an MBA program. The Scholarship program includes additional leadership development experiences.

Eligibility

• be registered nurses,
• hold degree(s) in nursing, AND
• be United States citizens or permanent U.S. residents.

Applicants must be accepted to, or be currently enrolled in, a highly ranked business school. Applicants must provide specific examples of ability to understand organizational and management challenges as well as strategic approaches to such challenges and provide evidence of previous commitment to gerontology.

Applicant proposals must include documentation of an established relationship with a faculty member in gerontological nursing who will serve as a mentor during the candidate’s grant program. The mentor will provide a signed letter outlining this agreement. Finally, all selected candidates are expected to enroll full-time in an MBA or Executive MBA program..

The Nurse MBA Scholarship Program is committed to advancing well-qualified applicants from under-represented minority groups to improve the nation’s ability to provide culturally competent care to its increasingly diverse aging population.

Program Description

Overview. The Building Academic Geriatric Nursing Capacity (BAGNC) Nurse MBA Scholarship Program focuses on the development of leadership in delivery of quality health care through such activities as: focused study; networking among scholars, with mentors and with colleagues in other fields; and demonstration of growth in ability to transform self and organizations by moving outside of traditional modes of success. Nurse MBA Scholars, in collaboration with their identified mentor, will design and implement an individualized professional development plan that will support them in developing new competencies and enhanced effectiveness as a leader in the field.

Support.  The program includes support of $50,000 that may be used within one or over two years of full-time study at a highly ranked school of business MBA or Executive MBA program (top 30 according to Business Week).

Institution. It is important that the business school chosen be outstanding and have the resources and capacity to support the Scholar in his or her pursuit of study. Because an important part of the scholars program is strong mentorship from a faculty member in gerontological nursing, the business school selected must be proximal to this resource.

Requirements

1. All applicants must identify a strong gerontological nurse mentor for their grant term.
2. Evidence must be provided that the mentor agrees to work with the applicant as well as to the terms of this program.
3. Nurse MBA Scholars will assume full-time student status at the start of their award.
4. Attendance at the BAGNC Program’s Leadership Conference and the Gerontological Society of America’s (GSA) Annual Scientific Meeting are essential and required activity for every Nurse MBA Scholar. The 2008 Leadership Conference will be held November 19-21, and GSA’s meeting November 21 - 25, 2008.
5. The selected institution is a significant consideration in the application review and selection process. Therefore, changes in venue during the scholarship would require separate petition, review and approval by the program director.

Monitoring & Evaluation

Nurse MBA Scholars are required to submit interim and annual progress reports to the program director.

Nurse MBA Scholar reports include self assessment of goal achievement, description of problems in program implementation, and an outline of plans for coming period.

Mentor reports include assessment of the Nurse MBA Scholar’s progress including activities and strategies employed by mentor to assist the Scholar in successfully achieving goals as well as managing problems encountered during the reporting period.

Progress reports will be the basis for continued funding. The program reserves the right to adjust or terminate funding if the Nurse MBA Scholar is not demonstrating appropriate progress toward implementing his/her plans.

Nurse MBA Scholars are required to participate in the BAGNC evaluation program conducted by The Measurement Group, LLC which measures the impact of the JAHF supported geriatric nursing programs.

Timeline

Applications are due in January. Candidates are selected once a year in March.

The Selection Committee reviews all completed applications. Applicants are advised of funding decisions as soon after the selection meeting as feasible. The award program officially begins July 1st and when requested, no later than September 1st.