How can I get a scholarship to study MBA?
A Masters of Business Administration (M.B.A.) degree can help you
- enhance your career opportunities
- achieve better salary, promotions
- change careers.
How can you fund your MBA?
There are many options for financing your MBA abroad. It’s always better to think about multiple options, rather than depending on only one or two.
Top Business Schools do offer generous scholarships to international students. But not everyone will end up with a free-ride (full scholarship). You also can avail bank loans
You need to pay the tuition fee.
You also need to factor in your living expenses as well.
You do need to think about your financing options early. It is as important as selecting the right business school or crafting your MBA essays in a compelling way.
- at the initial stage (admission process)
- after admission (few months after your course starts)
5 Steps to get an MBA scholarship:
- Research, comb through financial aid sites and scholarship listings.
- Look for scholarships in external sources, such as community groups and other organizations.
- Get a great GMAT score.
- Tailor scholarship applications to the scholarships you’re applying for. …
- Apply early
So what are your scholarship options..
Category 1: Scholarships Awarded while applying to the B-school.
1. Merit based
Merit-based scholarships are generally offered to students with outstanding academic performance based on undergraduate GPA, standardized test scores or exceptional professional achievement.
2. Dean’s Scholarship
The Dean’s Scholarship is one of the most prestigious scholarships and is awarded to a limited number of the most meritorious admitted students. This scholarship which covers full tuition and fees is presented in the name of Dean and affords the opportunity to connect directly with Dean
3. Faculty scholarship
The Faculty Scholarship is designed to pair some of the most meritorious students with some of the college’s most distinguished and prestigious faculty. This scholarship, which covers full tuition and fees, matches admitted students based on their background and interests with a designated faculty member in that field.
4. Corporate (national and international)
5. Diversity and Gender-based
6. Country specific
7. Subject specific
8. Need based
- income from the last N years
- assets owned
9. International non-profit
Category 2: Scholarships awarded after admission
1. Research and Teaching assistantship
2. Donor Awards for Second-Year Students
- I can do a profile check…
- I can also suggest ways of building your profile.