The Piramal Fellowship for Sustainable Business is a two-year program offered by the Piramal Foundation. The fellowships offer a unique opportunity for aspiring business leaders to create pioneering business models. The fellows get a chance to associate with best social entrepreneurs and realize their business and social aspirations. The Piramal Fellowships offer the candidates a chance to play leadership roles in business environments and bring positive changes for the business as well as the society.
Overview
The Piramal Fellowship is a unique opportunity for aspiring business and community leaders to engage where business and social impact intersect. The program encourages participants to channel their business experience towards solutions with some of India’s most cutting-edge social entrepreneurs. The Fellowship builds on-the-job managerial and entrepreneurial skills. Participants emerge with a strong understanding of what it takes to successfully design and build triple-bottom line business. The Piramal Foundation hopes to significantly contribute to a culture of values-driven leaders who understand the power of business to do social good. The program is designed to prepare fellows for a future in social-impact business, through assistance in pursuing further education at top business schools, support for business planning, and expanding networks to enable impact leadership.
Eligibility
To be eligible for the fellowship program, prospective fellows must have at minimum a university degree and two years of work experience. You must also be eligible to work in India (Foreign applicants: see work visa requirements set forth by the Indian Government through the official website).
Program Structure
The Piramal Fellowship is a two-year program that will begin with a ten-day orientation at the Indian School of Business Campus in Hyderabad during the month of November. During this time, Fellows will be encouraged to build a peer community, explore working and living in India, learn about the Piramal Philosophy, understand the social innovation landscape in India, and attend speaker sessions led by social entrepreneurs, academicians and industry experts. In conjunction with working with partner enterprises, Fellows are also required to attend periodic workshops that encourage participants to deepen their understanding of social innovation, debate issues relevant to their roles and future, and enhance their business skills. Workshops are also an opportunity to solve problems and re-energize.
Mentorship is a critical tool for developing leadership skills. Fellows participating in the program will have access to mentorship from professors at top-tier business schools and experienced professionals throughout their Fellowship.
Partner organizations working with the Piramal Fellowship will provide a nominal monthly stipend of Rs. 25,000 to enable fellows to meet their needs and work in India for the duration of their Fellowship. Fellows will be responsible for covering room and board expenses at their project sites, health insurance as well as for their airfare to and from Hyderabad, India. Project related travel will be reimbursed by partner organizations.
Project Evaluation
The Piramal Foundation, in conjunction with partner organizations, will conduct 360 degree feedback assessments at least once a year as well as check-in with your project supervisor to assess your progress. The Piramal Foundation reserves the right, at any stage of the program, to dismiss Fellows who do not embrace the spirit and/or commitments underlying the Fellowship.
For more information and details, you can visit this link.
