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AfricaMoney | August 23, 2017

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MCB Group rewarded its 26th grant holder of the MCB Foundation

MCB Group rewarded its 26th grant holder of the MCB Foundation

Under the MCB Foundation program, Shreeya Hoolash, was awarded scholarship at the MCB Head office in Port-Louis yesterday, September 04, 2014. From left to right: Gérard Hardy, President at the MCB Foundation and MCB Group Ltd; Vasant Bunwaree, Minister of Education and Human Resources; Shreeya Hoolash, grant holder; and her parents. (Image: Cecilia Samoisi)

Mauritius-based financial service major, MCB Group, is actively contributing to the educational development with its scholarship program, which is the fundamental pillar of its social program.

At the MCB Head office in Port-Louis yesterday, Shreeya Hoolash was awarded scholarship 2014 of the MCB Foundation and the 26th grant holder will pursue her studies in Economics and Statistics at the University College London.

Gérard Hardy, President at the MCB Foundation and MCB Group Ltd, mentioned in his speech that the first scholarship was attributed in 1988 and through this scholarship,the MCB Foundation allows a newly-graduated student of the Higher School Certificate (HSC) access to higher education.

“The scholarship of the MCB Foundation is attributed to the student ranked just after the laureates of the State in the HSC exams, economics section,” he said.

Gérard Hardy went on to say that three grant holders from the MCB Foundation, namely Ashwin Rishi Thondee, Aquilah Carrim and Faatwima Dilijore, also chose this university.

Shreeya Hoolash wishes to be a statistician at the end of her studies. With this profession, she says, she will be able to work on the logistics and the strategies to be set up.

“The program I chose will help me to deepen my knowledge in economics and statistics”, says Shreeya Hoolash who will be departing for England in a few days.

“I am motivated to persevere during my studies and to face every challenge which await for me, with the conviction that I’ll have the ability to surpass myself. The experience that I will gain will help me to prepare me better for my career,” she shared.

According to Gérard Hardy, Shreeya is an example for the young generation and she can help her counterparts to flourish, learn and train.

Vasant Bunwaree, Minister of Education and Human Resources, showed his appreciation for the partnership between the private and public sector.

He said that his ministry considers rewarding more laureates from 30 to 68 and that the MCB has successfully managed to introduce the notion of social criteria associated with the merit criteria, which democratized the system of scholarship in Mauritius.

The Education minister announced that the HSC professional will be launched next year where students of HSC will be given the opportunity to be placed in companies for a four to five months placement in order to develop their knowledge.

It may be noted that MCB rewarded three students from Rodrigues through the MCB Rodrigues Scholarship. These students have the opportunity to study at the University of Mauritius during the next three years.

- By Marie-Lorry Coret and Cecilia Samoisi

About MCB Foundation:

Created on the occasion of the 150th birthday of the MCB in 1988, this foundation grants a scholarship each year to the student classified after the laureates from the section ‘Economy’ in the HSC examination.

During three years, this scholarship allows the student to take a ‘First Degree’ at the university of his/her choice and in one of the following fields: economy, accounting, computing or finance.

It covers university expenses, plane tickets as well as costs of accommodation, school supplies and transport.

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