25 MBA Scholarships: Awards, Eligibility & Deadline

You might love to continue your MBA studies, but hate it a lot more if you were paying for academics, books, exam fees and what not. As, MBA qualified can get $115,000 average salary, 0.33 million students are enrolled for MBA in US, According to AACSB. You might be questioning, how do they pay for MBA? The answer is approximately 50% of candidates get MBA scholarships which we discussed below

Go through the best MBA scholarships details below & earn your MBA degree stress-free

25 MBA Scholarships in 2023

These scholarships are filtered based on Nerdsuggest Ranking Method

£5,000 Sussex MBA Scholarships 2023

NerdSuggest

University of Sussex is Top 15th Business School in UK, and open for International & UK candidates who posses senior management experience before MBA

Award £5,000

Deadline: Nov 30, 2023

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$60,000 Cornell Johnson College Scholarships

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Johnson College opened 10 scholarship categories for women, Veterans, US citizens, Engineering, Medicine who are seeking MBA Degree

Award Up to $60,000

Deadline: February

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$25,000 “No Essay” Niche Scholarship

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An eligible college student or graduate, can win $25,000 scholarship that is adequate to cover tuition, housing and other education expenses

Award $25,000

Deadline: Mar 29, 2023

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HULT International MBA Scholarships & Awards

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The Hult MBA is considered top 53rd in the world by Fortune, it offers merit & need based scholarships to ambitious & entrepreneurial students

Award: Fully-funded

Deadline: Feb 16, 2023

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Boustany MBA Cambridge Scholarships 2023-24

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Cambridge University offers the world’s best leading MBA program for international students with excellent academic background

Award 75% Tuition Fee

Deadline: May 1, 2023

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Reaching Out LGBT MBA Fellowship

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Scholarship is open for LGBTQ candidates enrolled in 40 business schools in United States. Qualified aspirant also get mentorship and leadership development at Reaching Out

Award $10,000–$20,000

Deadline: On-going

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Melbourne Business School MBA Scholarships

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Melbourne Business School is accepting applications for scholarship with certain relief in MBA fees for the top MBA program of Australia

Award Not Disclosed

Deadline: On-going

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Prospanica Foundation MBA Scholarships

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Scholarship is open for Hispanic/Latino candidates who hardly afford the MBA degree program fees and want to continue their degree in coming year

Award $5000

Deadline: April, 2023

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Military MBA Scholarships

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A U.S. citizen who served in the military can apply for MBA scholarships in member business schools, review the list of member institute before apply

Award Not Disclosed

Deadline: 31 March, 2023

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IVEY MBA Scholarships in Canada

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80% of students at IVEY are studying at scholarships. This MBA Scholarship is open for international candidates who are pursuing MBA Degree in Canada.

Award $22,500

Deadline: 2023

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Alberta University MBA Scholarships Canada

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Highly-valued MBA Program claimed by Financial times. Alberta MBA Scholarship is open for international candidates who are pursuing MBA Degree in Canada.

Award $15,000

Deadline: 2023

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Imperial College UK MBA Scholarships

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Imperial college pleased to announce MBA scholarships for diverse candidates, women, regional scholarships who meet the criteria

Award £25,000

Deadline: 15 May, 2023

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MBA Entrepreneurship Kent Business School

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Scholarship is open for all nationals who are looking for top MBA degree at Kent Business School

Award £5,000

Deadline: 16 July, 2023

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£50,000 Sainsbury Management Fellowships

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Full-time MBA Scholarship is open for all nationals who are looking for top MBA degree at Sainsbury eligible business schools list

Award £50,000

Deadline: 11 April, 2023

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Types of MBA Programs Available 2023

Part Time MBA: Expected to accomplish degree in more than 2 years having a evening or weekend classes
Full Time MBA: Degree completed in 1.5 years for those who posses bachelors degree in business area
Online MBA: 100% online classes and take 2+ years to finish the degree.
Executive MBA: it is for job holders who want to continue their qualifications further at domestic or international regions in 1-2 years.

List of Courses Offered in MBA Scholarships 2023

Finance
Business Analytics
Human Resource Management (HRM)
Marketing
Business Intelligence
Accounting
Industrial Management
Supply Chain Management
Leadership
Data Analytics
Business Development
Entrepreneurship
Healthcare Management
Information Security Management

Eligible Countries for MBA Program

United States, United Kingdom, Africa, Canada, Australia, India, Pakistan, Ireland, Peru, Spain, Italy, Germany, Ghana, Indonesia, Bangladesh etc.

Top Business Schools in USA 2023

Stanford University
Yale University
Harvard University
New York University
MIT Sloan (Massachusetts Institute of Technology)
Northwestern University
Columbia University

Top Business Schools in Europe 2023 [Bloomberg]

London Business School
SDA Bocconi
INSEAD Business School
IESE Business School
IE Business School
Cambridge University
Imperial College London
Copenhagen Business School
Oxford University

MBA Requirements Before Apply…

Bachelor Degree in accredited university
Graduate Management Admission Test Score (GMAT)
English Language Proficiency Certificate or IELTS score (Optional)
Personal Statement (250-300 words)
Recommendation Letters (Teachers, Collogues, Officers)
Resume (CV)

5 MBA Scholarships Winning Tips

Before you apply for above MBA scholarships, set your goals & objectives or find the purpose of acquiring degree, answer the following questions to yourself.

What is purpose of doing MBA than other degrees?
How does it contribute in my career path?
Are you doing MBA because of your friends, class-fellows, family choice?
What are the career choices after MBA that relates with me?
Why am I suitable candidate for getting MBA scholarship?

The answer of above self-inspection gives you purpose and tons of words to describe you best at the time of application personal statement (the most important part of scholarship application at which 80% success relies). Definitely, millions of MBA aspirants apply, you might have question, where they lack and disqualify? the answer is simple “lack of honesty” in to application. Be sincere & confident in your application, DO NOT EXXAGERATE your work history.

Each accredited business school has their mission statement to revolve around for lifetime. This is expert tip, that go through the “mission” or “about us” section of institutes to understand their desirable outcomes for producing MBA graduates. Once you found the reason of college existence, you may better pitch yourself and align with their goals.

Do not be regretful about the opportunity you lose, its not necessary you meet the expectations. Schools are same as customers who never satisfy with product they purchase sometimes. Consider yourself as a unique profile that does not fit everywhere.

Keep improving your profile by adding relevant experience like certifications of specializations. It makes you distinct & help you filter thousands of applications against you.