How do you ensure there's plenty of infrastructure talent in the future? By creating a special scholarship and partnering with one of the world's leading universities. That's what money management firm AMP Capital has done in partnering with University College London to foster learning and the development of infrastructure professionals.
The university scholarship program, which underpins the $119.4 billion manager's belief in the ongoing demand and growth potential of infrastructure as an asset class, is the first for AMP Capital, a spokeswoman said. The infrastructure specialist will offer three scholarships per year for the next three years to students accepted into UCL's Master of Science Infrastructure Investment and Finance course. Each full-time candidate will receive a £10,000 ($12,500) stipend for fees or living costs for one year, according to a university posting.
The university was chosen for its strong presence in economics and project management, including infrastructure. The course aims to equip graduates with the skills they need for a career in infrastructure, the spokeswoman added. The money manager also is exploring opportunities with other universities around the world.
The program will provide candidates with a scholarship toward their education costs, and the chance for work experience at AMP Capital. The work experience will vary, and will be determined by a student's area of interest and the specific nature of projects available at any particular time, the spokeswoman said.
This article originally appeared in the January 9, 2017 print issue as, "AMP scholarships to build infrastructure talent pool".