Naumann-Etienne-Foundation scholarship

Benefits

The Naumann-Etienne-Foundation (NEF) awards competitive scholarships for a master's degree at the Georgia Institute of Technology. About two students are selected per year. The NEF covers Georgia Tech in-state tuition if the out-of-state tuition waiver is granted. Out-of-state tuition will not be covered by the NEF. A $1000 monthly stipend is provided for housing and other expenses. Additionally, a yearly trip to Georgia Tech and back to the student's hometown will also be provided (maximum $1500).

Conditions and Requirements

• Proof of admission to Georgia Tech and agreed upon study program
• Fields of study (at home university and Georgia Tech): Industrial engineering, biotechnology, biomedical engineering, electrical engineering, computer science, and computer engineering
• Universities: TU Berlin, TU Dresden, TU Chemnitz, University of Zagreb, Budapest University of Technology and Economics, Czech Technical University in Prague
• Repayment of the scholarship in case of any early return without valid reasons and prior notification of the Naumann-Etienne-Foundation
• Maintenance of the minimum GPA stipulated by Georgia Tech to be eligible for the out-of-state tuition waiver
• Monthly stipend may be cut in case of income through teaching or research assistantship
• Notification of the Naumann-Etienne-Foundation if any other financial support is received
• Appropriate student visa (typically F-1)

Candidate selection process

Students who are interested in pursuing a master's degree at Georgia Tech will contact the office of international education of their respective university. Specific details will be given there, e.g. TU Berlin (German). Typically, the application deadline (written version) will be in November. The student is expected to have valid reasons for pursuing an education at Georgia Tech and is required to submit a 'statement of purpose' and a 'study plan' to prove this. Good to excellent academic performance as well as a sound knowledge of English are basic requirements.

If the applicant is considered further, a personal interview (in English) will be scheduled shortly after the application deadline for the paper version. The applicant will be interviewed by a committee consisting of at least one representative of the NEF, office of international education staff, and a professor. The student will not only be asked about his or her academic performance and plans at Georgia Tech. Successful applicants will also be able to show a well-rounded personality and be able to convey their plans, ideas, and genuine interest reasonably well.

Biography of Dr. Ruediger Naumann-Etienne

Dr. Ruediger Naumann Etienne is the owner and Managing Director of Intertec Group, an investment company specializing in the medical technology field. Intertec Group has supported implementation of new growth strategies for companies such as Cardiac Science, Quinton Cardiology, OEC Medical Systems, Laserscope, and Diasonics. The principal active engagement is Cardiac Science, Bothell, Washington, where Dr. Naumann is Vice Chairman of the Board.

Until November 1999, Dr. Naumann was the Chairman of the Board of Salt Lake City based OEC Medical Systems (NYSE: OXE), the world leader in fluoroscopic imaging for minimally invasive surgery. He assumed the position in 1993. From February 1995 to May 1997 he was also Chief Executive and President of the company. During his tenure as Chairman and CEO the market capitalization of OEC increased by 700%. On November 29, 1999, the company was bought by General Electric for $500 million. From December 1987 to July 1990 he was President and Chief Operating Officer of Diasonics, Milpitas (NYSE: DIA). From 1984 to 1987 he worked for Hambrecht & Quist, a San Francisco based investment bank, and from 1974 to 1984 he held various management positions at Texas Instruments, Dallas.

Dr. Naumann holds a Ph.D. in International Finance from the University of Michigan, a Master's Degree in Industrial Management from the Georgia Institute of Technology, and did undergraduate studies in Business Administration at the Technical University in Berlin, Germany.