EIBF, the charity that promotes the importance and value of business education for engineers has added Saïd Business School to its list of 14 approved schools.
In addition, EIBF has also made eight MBA scholarships of £50,000 available to UK scientists each year.
The Sainsbury Management Fellows Scholarship programme was founded in 1987 by Lord Sainsbury of Turville, who hoped that learning business skills through world-class MBA studies would help engineers to set up their own high-tech businesses or progress to the top of large UK companies.
The programme has been very successful, with more than 400 engineers graduating from top international business schools. Known as Sainsbury Management Fellows (SMFs), these business school graduates have created over 300 new companies worth almost £5 billion along with more than 21,000 jobs in the UK.