L'Oréal India For Young Women In Science Scholarships
L'Oréal
All that you need to know about L'Oréal India For Young Women In Science Scholarships
L'Oréal India invites applications for the L'Oréal India for Young Women in Science Scholarships 2024-25 from young women who have passed Class 12 and wish to pursue higher education in science. The scholarships will be awarded to promising young women from economically disadvantaged backgrounds. Selected scholars will receive financial aid to cover college fees for UG, PG, and PhD in any scientific field, including Pure Sciences, Life Sciences, Applied Sciences, Engineering, Medicine, Cosmetology, Cosmetic Science, Pharmacology, and more, at a recognized college or university in India.
Eligibility:
- Applicants must be pursuing an undergraduate (any year) degree in a science-related field.
- Applicants must have passed Class 12 in the Science stream.
- Open to female students only.
- Applicants must have secured a minimum of 85% marks in Class 12.
- Applicants’ annual family income should be less than INR 6,00,000.
- Students from PAN India can apply.
- Children of employees of L'Oréal India and Buddy4Study are not eligible to apply.
Documents Required:
- Proof of identity and address (Aadhaar card, Passport, Voter’s ID Card, etc.)
- Self-attested copy of parents’ income proof (anyone):
- Income certificate issued by a Government Body
- Salary slip issued by the permanent employer.
- Form 16 (Income Tax Return form)
- Photo of Class 10th and 12th original mark sheets.
- Available semester/year mark sheet.
- Proof of admission at current institution (Admission Letter/Institution ID Card)
- Expenses receipts to be taken for the current academic year
- Certificates for science-related extracurricular activities (if applicable)
- Statement of Purpose (SoP)
- Recent passport-sized photograph
Benefits:
- INR 62,500
Important dates & deadlines?
-
16 Jan'25, 12:00 AM IST Registration Deadline
Rewards and Prizes?
Winner
First Runner Up
Second Runner Up
About L'Oréal
L’Oréal S.A. is a French personal care company headquartered in Clichy, Hauts-de-Seine with a registered office in Paris. It is the world's largest cosmetics company and has developed activities in the field concentrating on hair colour, skincare, sun protection, make-up, perfume, and hair care.
L’Oréal launched its first hair dye in 1909 and has been in the business for 112 years. The company has 36 brands that are distributed by a workforce of almost 88,000 through various channels in more than 150 countries.
The company clocked in net revenue of €41.18 billion ($44.5 billion in FY 23. The Consumer Products division is the highest-selling segment for L’Oréal, followed by L’Oréal Luxe.
Product/Business Portfolio:
L’Oréal has categorized its business portfolio under 4 major divisions:
- L’Oréal Luxe
L’Oréal Luxe is the premium range of products by L’Oréal, which includes some highly aspirational and multi experts. The range has 26 brands, out of which 17 are global
- Lancôme
- Giorgio Armani
- Yves Saint Laurent Beauté
- Biotherm
- Kiehl’s
- Ralph Lauren
- Shu Uemura
- Cacharel
- Helena Rubinstein
- Clarisonic
- Diesel
- Viktor&Rolf
- Yue Sai
- Urban Decay
- Paloma Picasso
- Atelier Cologne
- IT Cosmetics
- Mugler
- Valentino
- Azzaro
- Prada
- Consumer Products
The consumer products division has the mission to democratize beauty and make it sustainable
- L’Oréal Paris
- Garnier
- Maybelline New York
- NYX Professional makeup
- Stylenanda
- Essie
- Dark & Lovely
- Mixa
- Magic Mask
- Niely
- Professional Products
The Professional range is intended for professionals and salons, majorly to support hairdressers and the hairstyling industry
- L’Oréal Professionnel
- Kérastase
- Redken
- Matrix
- Pureology
- Active Cosmetics
Active Cosmetics division is the world leader in dermocosmetics, with brands recommended by healthcare professionals
- La-Roche-Posay
- Vichy
- CeraVe
- SkinCeuticals
- Decléor
Sustainability
The aim of the sustainable transformation program “Sharing Beauty With All”, launched in 2013, is to make L’Oréal a model company in terms of sustainable innovation, production, consumption, and in sharing its growth with all Group stakeholders.
- Sustainable Innovation
- Sustainable Production
- Sustainable Consumption
- Sharing Growth
Recent Mergers and Acquisitions:
- L’Oréal signed a deal with Prada to manufacture luxury fragrances and beauty products under its name, beginning January 2021
- L’Oréal signed an agreement with the Clarins Group in October 2019 to acquire Azzaro and Mugler
- In June 2020, a US based natural skin brand named Thayers Natural Remedy was acquired by L’Oréal
- Valentino and L’Oréal joined forces in May 2018 to create a brand new beauty collection
- Armani extended beauty partnership with L’Oréal in March 2018
Top 5 Competitors:
- Yatsen Holding
- Estee Lauder
- Avon Products
- Revlon
- Chanel
Recent News and Developments:
- In June 2021, L’Oréal announced the first cosmetic made from 100% recycled plastic under the brand Biotherm
- L’Oréal’s supply chain ranked 9th worldwide and 4th in the consumer industry by Gartner
- L’Oréal established a 50 million pounds solidarity fund, to empower women, with an aim to reach 1 million women globally
- In April 2021, all Garnier products were officially approved by Cruelty-Free International under the Leaping Bunny programme
- Viktor&Rolf fragrances to launch 3-D printed bottles for their Flowerbomb collection
Main Roles offered to Students:
Like most other FMCG brands in India, L’Oréal runs its flagship MT programme as well. for the management students. L’Oréal mostly hires MTs through summer internship programs and case study competitions like L’Oréal Brandstorm
New joinees at L’Oréal go through a 6 month MT programme during which they are required to work for several challenging stints in marketing, sales, operations, finance, IT, HR etc.