Home // University // News // Latest News // University enters partnership with Ferrero in Luxembourg

University enters partnership with Ferrero in Luxembourg

twitter linkedin facebook google+ email this page
Published on Wednesday, 19 July 2017

The University of Luxembourg signed a new partnership agreement with Ferrero Group Headquarters in Luxembourg on 18 July 2017, providing a framework for student stipends, internships, PhD research, and teaching activities.

The Memorandum of Understanding sets out the Ferrero Fellowship Programme, with up to five promising Master students in the field of law, finance, economics, or Entrepreneurship and Innovation to receive a monthly stipend from Ferrero for the duration of their studies. This stipend is intended to cover accommodation costs for the students in Luxembourg. A selection committee will choose the beneficiaries based on their application.

In addition, an Internship Programme will facilitate Master students securing paid internships and gaining experience at this multinational company. “Ferrero is among the confectionery sector’s market leaders and the third group worldwide in the chocolate confectionery market,” said Prof. Eric Tschirhart, who leads the Technology Transfer and Fundraising Office, an entity within the Rectorate created to develop new cooperations, increase third-party funding and facilitate the application of research in practice. “We have gained an important new partner in Luxembourg to support young talent and promote student excellence.”

Prof. Tonie van Dam, Vice-President for Doctoral Research and Training signed the partnership on behalf of the University. The memorandum was also signed by Ferrero’s Chief Financial Officer, Mr Jorge de Moragas.

A real added value for students and institutions alike

“We are glad to start the collaboration with the University of Luxembourg, a university with a true international spirit and a research-oriented approach,” said Ferrero representative Mr Bruno Conti, HQ HR Director. “Together we will give new opportunities to young talents to grow even more, fostering the involvement in the business and related academic research as well as a mutual exchange of ideas and new horizons.”     

The MoU also sets out a Partnership PhD Programme, allowing PhD candidates to carry out research close to industry as well as enabling suitable candidates from Ferrero to pursue a PhD at the University of Luxembourg. “This is the first time that the Faculty of Law, Economics and Finance is involved in a PhD partnership,” commented the Faculty’s Dean, Prof. Stefan Braum. “We expect interesting research projects to emerge from this collaboration that will be mutually beneficial for our PhD candidates, the University’s track record in delivering relevant research and Ferrero’s research and development activities.”

From left to right: Prof. Eric Tschirhart, Prof. Tonie van Dam, Jorge de Moragas, Bruno Conti, Prof. Stefan Braum, © Michel Brumat / University of Luxembourg