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Reasons Professionals Apply for Scholarships

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    Compensation

    • For business professionals, education continues to be an important reason to seek out scholarships. Many business professionals have either their bachelor's degree or Master's degree, but this is often just the beginning. For those who have only completed undergraduate training, a scholarship can help them get a Master's degree. This degree is often required for management positions, and even if it is not, companies recognize the importance of a higher degree and are often willing to compensate employees to achieve higher levels of training. In this case, education literally means a pay raise.

    Jobs

    • Other professionals seek out scholarships for education so they can pursue their ideal jobs. Cooks, for instance, may have a professional life to help them pay expenses while still seeking a scholarship for a culinary school. This school will give them the experience necessary to find a better job in another restaurant or ascend to a better position in the kitchen. In this case, it is not so much the pay raise that matters, as the ideal job that the cook is training for needs certification by a notable school.

    Research

    • Some scholarships are handed out for research purposes. A museum, for instance, might award one of their professionals a scholarship for an educational course overseas in a notable museum or research field. The professional benefits come from the learning experience, but the museum also benefits from its own share of increased knowledge and fame. What the professional learns from the educational events, he becomes, in a sense, part of the museum's knowledge as well, benefiting both organization and individual.

    Projects

    • Businesses may award very specific scholarships for projects they want an employee to undertake. For instance, the Six Sigma process of creating lean management benefits for businesses can help companies in multiple industries save money, but Six Sigma is a tightly controlled process that only a select group of people to student who advance in rank or "belts" can teach. Companies that want their employees to learn Six Sigma skills may send them to these training events on scholarship for specific manufacturing improvement projects.

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