Now is the time to apply for fully-funded MBA or Business Administration Scholarships for the academic session of 2023-2024. The applications are currently being entertained throughout 2023 for the 2024 batch.
No doubt MBA is becoming one of the most recommended degrees in the world to step into the world of business and administration. No matter taking an MBA degree on-campus or online, the overall MBA degree will take almost 2 years to get completed! This business degree is popular for its rigorous curriculum. And if you plan on getting enrolled for an MBA degree in any of the Top Universities; then get ready to spend thousands of dollars for it. But, in case you can’t fund it then consider applying for fully and partially funded MBA and business administration scholarships.
Top 10 MBA Schools Globally
The following 10 MBA Schools are globally top-ranked institutions to get an MBA from:
- Harvard Business School, USA
- Insead, France/Singapore
- Stanford Graduate School of Business, USA
- Wharton School, University of Pennsylvania, USA
- London Business School, UK
- Columbia Business School, USA
- Kellogg-HKUST Executive MBA Program, Hong Kong
- CEIBS China Europe International Business School, China
- HEC Paris, France
- MIT Sloan School of Management, USA
List of Documents Required to Apply for an MBA Degree
When applying for an MBA program, there are typically a few documents that must be provided in order to complete the application process. These may include:
- An up-to-date resume or CV
- Official transcripts from all schools attended
- Letters of recommendation from professional and/or academic references
- A statement of purpose outlining your reasons for wanting to pursue an MBA degree
- Standardized test scores, such as the GMAT or GRE
- English language proficiency certificate
Be sure to check with the specific MBA program you’re applying to make sure you have everything you need before submitting your application.
How much is the tuition fees for an MBA Degree?
To get an MBA degree, you have to pay an average tuition fee of up toUS$35,000. Each business school will have a different fee structure. Most of the top MBA schools also award scholarships to enable talented students to get free education!
If you are not able to pay such a huge tuition fee for the completion of your MBA degree, then the best opportunity you can avail yourself of is to apply for fully-funded scholarships. With the help of a business degree scholarship, you can easily cut down enough on your tuition fee and a few other expenses in case you got a partial funding grant.
To help you a bit, here we have discussed a few popular and most recommended MBA & Business Administration scholarships available for applications in 2023 for the academic session of 2024; to which you should apply right now!
List of Best MBA & Business Administration Scholarships 2023
- Government Finance Officers Association (GFOA) Best Scholarships
This scholarship is available for both part-time and full-time students. All those students who are interested to study MBA in finance subject; can apply for this scholarship. Government Finance Officers Association is based in Chicago and is available for funding in the US and Canada.
Awarded Amount: $6,000–$15,000
- Society for the Human Resource Management (SHRM) Foundation Scholarships
Next, we have SHRM Foundation graduate scholarships for students in the Human Resource field. Only those students can apply for this scholarship program that is currently pursuing a master’s degree in the field of Human Resources or either in Human Relations.
Awarded Amount: $5,000
- Association of the Insurance Compliance Professionals (AICP) Scholarship Program
This scholarship is a complete merit-based program/scholarship. To apply for this scholarship, the applicant needs to have at least a 3.0/4.0 GPA and must be involved in some extracurricular activities. Only those students can apply who are currently enrolled in the study of business or insurance-related fields.
Awarded Amount: $1,400
- Dan Reichard Jr. MBA Scholarships
To apply for this scholarship, the candidate should have a GPA of 3.0/4.0 or even higher. Special preference will be given to candidates who already have some background in the fields of management, public transportation, or business administration. It is also required for the student to have an internship certificate sponsored by the American Public Transportation Association.
Awarded Amount: $2,500
- HubShout Internet Marketing Scholarships
This scholarship is specially designed for students who are keen to study the internet marketing field. Students with a GPA of 3.0/4.0 can apply for this golden scholarship.
Awarded Amount: More than $1,000
- Staver Law Group National Scholarships
This is another most recommended scholarship for business administration studies. This scholarship is announced annually and a student with a GPA of 3.0 can apply for it.
Awarded Amount: $5,000
- Thomas R. Pickering Foreign Affairs Fellowship Program
This scholarship has been introduced for all those students who are currently studying in a two-year master’s degree program in the fields related to the U.S. Department of State Foreign Service. Extra preference will be given to the student who has working experience with Foreign Services.
Awarded Amount: $37,000 annually
- Forté Fellows Scholarship Program
This scholarship is awarded to the females who are currently enrolled in the MBA program. To apply for this fellowship program, a candidate has to apply to the participating school.
Awarded Amount: Varies based on school
- Military MBA Scholarships
Next, we have The Military MBA Scholarship which is open to all those students who are enrolled in a master’s degree in business. Preference will be given to applicants that belong from a military service background. Only students from military MBA schools can apply for this scholarship.
Awarded Amount: Depends on the ranking of the military school
- Columbia Business School Best MBA Scholarships
To apply for the Columbia Business School MBA Scholarship, make sure you are currently studying at Columbia Business School. You can also apply for some other scholarships offered by Columbia University based on merit criteria.
Awarded Amount: $7,500–$30,000
- AfterCollege Business Student Scholarships
If you are currently enrolled in a business degree program then you are free to apply for this scholarship program. Make sure your GPA must be 3.0 or higher.
Awarded Amount: $500
12. National Founder’s Graduate Business Student Scholarship
This is another most recommended scholarship 2023 opportunity for students who are enrolled as full-time MBA students. Any student with a GPA of 3.0 can apply for it.
Awarded Amount: $500
Now Submit the Application for a Scholarship!
So these are a few of the most recommended MBA scholarship programs to which you should apply to pursue higher education in the field of business administration. Don’t miss this golden opportunity to be a part of top-ranking business schools. Apply for it now!