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2023 Peter Drucker Essay Contest for Students & Young Entrepreneurs

Note: To successfully apply for this scholarship, ensure you read all instructions on this page.

The Drucker Challenge is an international essay competition held annually by the Drucker Society Europe, in conjunction with the Drucker Forum. The Challenge explores a current topic in management – typically related to the theme of the Forum – in the context of Peter Drucker’s human-oriented management philosophy.

Application Deadline: May 31, 2023

Type: Essay/Contest

Eligible Countries: International

Value of Award: The prizes are as follows:

  • First Place (Gold): € 2,000
  • Second Place (Silver) € 1,200
  • Third Place (Bronze) € 1,000

Winner: A cash prize of 2.000 EUR


  • Complimentary in-person pass for the 15th Global Peter Drucker Forum, to be held in Vienna, Austria on November 30 & December 1, 2023
  • Invitation to attend the Gala event with Awards ceremony and to participate in a cultural program
  • Opportunity to win the Special Recognition Award for the most original essay
  • Certificate with ranking
  • Invitation to join the Drucker Challenge Alumni Community on social media networks
  • One-year-all-access subscription to the Harvard Business Review
  • Publication: Ranking list, link to your essay, your photo and bio on www.druckerchallenge.org. Your essay may be re-published by your university/company with credits given to Peter Drucker Society Europe
  • Funding of travel expenses: Your international travel and accommodation costs for attending the Forum will be reimbursed based on our travel process & policy.


  • You must be 18-35 years old (inclusive of both ages)
  • You must have been selected no more than once (or not at all) among the top 10 since 2010. However, you can participate in the 2023 Contest (if still meeting the age criteria of 18 – 35 years inclusive)
  • If you were previously a student (as per your application form) and are now embarking on a career at a university;
  • If you were previously a student (according to your application form) and meanwhile moved on to become a manager or entrepreneur

Student category

  • You are a part-time or full-time student (bachelor, master, MBA, or PhD) or you are seeking your first opportunity after the completion of your last degree

Professional category

You are a

  • manager of people, projects, budgets, and/or processes
  • an entrepreneur or business owner
  • licensed professional
  • social volunteer or community leader

How to Apply: Kindly visit this page to apply

Source: www.druckerchallenge.org

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