Staton scholarship

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. He launched the MBA Staton Scholarship in 2002. In a 2016 interview, he shared insights into his remarkable career path. Read more

Criteria

• Demonstrate excellence in previous academic and/or professional endeavors, including GPA (or equivalent) and GMAT/GRE scores
• Convince us of your ambition and ability to use your education to pursue a leadership role
• Career progression and international exposure
• Ability to contribute to the overall learning experience of your class
• Performance during the Assessment Day
• Essay: “The role of entrepreneurs in moving my country forward and my contribution to that goal” (750 words)

How to apply for this scholarship:

• Please complete the Scholarships and Bursaries form found under the Financial Planning section of the MBA application form.
• Before you apply, 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.
• You may apply for multiple scholarships, however scholarships are non-cumulative, therefore you will not be selected for more than one. In addition, scholarships are reserved for those who are not sponsored by their company.
• Please note that if the scholarship recipient does not return to LATAM after graduation, the scholarship becomes a loan instead.

Testimonial

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.”