What scholarships are available?

2016 is the second year of the Tasmanian Government Board Diversity Scholarship Program. In a three year partnership with the Australian Institute of Company Directors (AICD), the Tasmanian Government is funding Company Directors Course (CDC) scholarships and Foundations of Directorship (FOD) course scholarships.

The Program aims to drive a more rapid increase in the number of Tasmanian women who are board-ready and to foster emerging female talent.

All course administration and enquiries are being handled by AICD. Their telephone number is 6242 2200. Email address is: tas@aicd.com.au The application form is available online only at: aicd.companydirectors.com.au/contact/tasmania

What information is required to lodge a scholarship application?

The scholarship application requires:

  • Contact details;
  • Addressing the eligibility criteria (see below);
  • Qualification under the selection criteria (see below)
  • An indication of which scholarship you wish to apply for (CDC or FOD)
  • Employment and any applicable board experience history;
  • Academic qualifications and professional memberships;
  • Reasons for applying for the scholarship and your board career aspirations; and
  • Referees – contact details for two professional referees to support your application. 

Can I send in an application in hard copy?

No, we can only accept scholarship applications electronically. Please visit: http://aicd.companydirectors.com.au/contact/tasmania

What are the eligibility requirements for the scholarship?

To be considered for a scholarship, candidates must be:

  • Female;
  • An Australian citizen or holder of a visa that enables you to work and study in Australia for the next five years
  • Able to agree to course time and deadline commitments and be able to provide your own transport and travel costs;
  • Able to commit to undertake the assessment component of the scholarship after the course;
  • Not to have been previously disqualified as a director or removed from a board.

I am a temporary resident, can I apply?

At the time of lodging an application, applicants must have the right to remain in Australia to work and study for a period of five years.

I am an interstate resident, can I apply?

Applicants must be a resident in the State of Tasmania at the time of applying.

I am not a member of the Tasmanian Women's Register, can I apply?

You do not have to be a member to apply. However, if you are interested in joining the Register, click here: Women’s Register.

Do I have to be a member of AICD to apply?

No. The scholarships are open to both AICD members and non-members.

What is the time commitment required for the course?

The Company Directors Course is five full days with additional time required for pre-reading and preparation, review and completion of the assessments. Total time is approximately 110 hours. For further course information aicd.companydirectors.com.au/education/courses-for-the-director/company-directors-course

The Foundations of Directorship Course is three full days with additional time required for pre-reading, review and completion of an online examination post course.

For further course information aicd.companydirectors.com.au/education/courses-for-the-director/foundations-of-directorship

What are the course dates for both the CDC and the FOD?

1) CDC:

Five day block delivery: 16-20 January 2017 (Launceston), 30 January – 3 February 2017 (Hobart), 22-26 May 2017 (Hobart).

March staggered format delivery: 1, 8, 15, 22 and 29 March (Hobart). Note: this course will proceed subject to sufficient bookings.

2) FOD:

15 -17 February 2017 (Hobart).                     

Should I list any overseas qualifications?

Yes. Please indicate the name of the institution from which you obtained your qualification.

I am currently employed in the Tasmanian State Service, can I apply?

Yes, public sector employees can apply.

I am currently not employed, can I apply?

No. Eligible candidates must be either self employed or in full or part-time employment.

I have an extensive employment history, should I list all my employers and positions held?

We are primarily interested in your most recent professional experience (approx. 10 years) and any relevant board experience.

I have previously undertaken courses with the AICD; can I apply for this scholarship?

Yes. You will be able to indicate on the application form the course you have completed with AICD (excluding events and presentations); however, you must not have previously completed the Company Directors Course.

I applied for one of these scholarships in 2015 but was unsuccessful. Can I apply again ?

Yes.

What level of financial knowledge is required to undertake each course?

Financial literacy is critical to the effective fulfilment of a director's role. To be considered for the CDC scholarship you must have a basic level of financial literacy. This means that you are familiar with basic financial statements but require some expert advice to fully evaluate them.

What if I do not have the required level of financial knowledge?

If you have no financial literacy, the FOD course will provide the basic level of understanding.

What does completion of the assessments mean?

For the CDC, to be eligible to complete the assessments you need to attend eight out of the 10 sessions of the course. The two assessment tasks: an assignment (3000 words) and an examination (2.5 hours) should be completed within six weeks of the end of the course. Participants in certain circumstances may request an extension of time. The Company Directors Course Award is presented upon successful completion of both assessments. The CDC Award qualifies as a unit towards an MBA with the University of Tasmania.

For the FOD, you need to attend all six of the course sessions. There is an online examination to complete within 6 weeks of the end of the course.

What are the main selection criteria for the scholarships?

The Selection Panel will select eligible women with a diverse range of skills, experience and backgrounds, including those from culturally and linguistically diverse, disability, indigenous or rural and regional backgrounds.  Applicants need to have the necessary skills and experience to support their board aspirations. For further information please see the Scholarship Guidelines. 

What information should be provided on the application form regarding my work and any board experience?

Your employment history, to a maximum of the last 10 years, should list your position, employer and dates. This overview should not disclose any confidential or sensitive information. If applicable you are also asked to provide details of any past or current board roles.

In addition you may also provide a brief (up to 150 words) overview of any other significant involvement you have had outside your work experience (such as community or volunteer work).

What information should be provided on the application form regarding my personal and career aspirations?

You need to provide an overview of the reasons you have applied for the scholarship and its benefits to you (up to 500 words).

What is the selection process and when will I be notified if I have been awarded a scholarship?

A selection panel consisting of one Tasmanian Government representative and two AICD members will shortlist and then make a final decision on the scholarship winners based on the application’s meeting of the selection criteria. Applicants will be notified of the outcome of their application by phone or email in the second half of October 2016. No further review or discussion of applications will be entered into.

What are the selection criteria?

The scholarships will be offered to suitably qualified women who are self employed, employed or recently employed.

They will be candidates with leadership experience that will enable them to contribute to the interactive group discussions during both courses.

The Selection Committee will also take into consideration candidates:

  • identifying financial circumstances that may otherwise preclude participation in the course ;
  • the individual’s reasons for applying for the scholarship;
  • career aspirations;
  • who have a disability;
  • who are Aboriginal or Torres Strait Islander.

For full details of the selection criteria please refer to the online Application Form at: aicd.companydirectors.com.au/contact/tasmania .

If my application is successful, can I select when and where to undertake the course?

With regard to the CDC, you can select to attend one of the four Tasmanian courses being held before 30 June 2017. AICD will advise each successful scholarship recipient to advise them of course dates. The course must be completed by 30 June 2017.

The Foundations of Directorship program will be delivered on 15-17 February 2017. Scholarship holders must be able to attend on these dates

As a scholarship recipient, will I be required to be profiled?

Subject to your agreement, you may be contacted with profiling and promotion opportunities (e.g. AICD magazine or local media). A list of the names of scholarship winners will be publicly available – see below.

Are the details of my scholarship application confidential?

Application details will not be released outside the Selection Panel without your prior written consent.

What type of referees should be provided?

You need to provide two referees who can verify the information you have provided in your application form. Ideally these will be individuals who have worked with you professionally and have current knowledge of your employment or board contributions.

When will the referees be contacted?

The Selection Panel will select a shortlist of candidates for a scholarship. The referees of the short-listed candidates may then be contacted to verify and comment on the application.

Will AICD release or publish the scholarship recipient names?

AICD and the Tasmanian Government reserve the right to publish a complete list of scholarship recipients by full name and organisation.

I have already completed the Company Directors Course. Can this scholarship be awarded retrospectively?

No.  We are not able to reimburse for any previous courses you have completed.