Scholarship gives wings to undergrads who want to study abroad
Canadian business students have opportunities to study abroad, but financial barriers sometimes get in the way of pursuing an international experience.
With that in mind, HSBC Bank Canada this week announced financial support for 60 business students from 10 Canadian schools over the next three years to spend a semester abroad as part of their undergraduate degree. The HSBC International Business Award, worth $10,000 a student, largely pays for tuition and other expenses associated with studying at a foreign institution with an exchange agreement at one of the Canadian schools selected by the bank.
“We felt strongly we wanted to put in place a scholarship that could pretty much cover the cost of a student going away for a term and therefore not make it a financial decision [to go or not], but rather a merit decision,” says Jason Henderson, executive vice-president and head of global banking and markets for HSBC.
Encouraging business students to study abroad is in the interest of the bank, and Canada, he says. “In the 21st century, it is all about trade and connecting countries and products internationally.” Read More…