Are you an international student interested in MBA Scholarships in the USA for International
Students? Then get in here. I have compiled a good list for you. There are many good MBA
scholarships available in the US to support international students like you to achieve their
dreams of getting an MBA. An MBA is an investment, with high potential returns. It also opens
doors to exciting career opportunities, higher earning potential, and a wider network within the
business world. Let’s get into it.
About MBA Program
An MBA, or Master of Business Administration, is a postgraduate degree that is designed to
teach you about business and management. You learn about things like finance, marketing, and
operations.
If you are looking at being a business lead, these programs are great for people like you. To get
into an MBA program, you will need a bachelor’s degree, good test scores, and work
experience. MBA programs help you learn skills for jobs in business, from entry-level to top
positions.
Who is an MBA program ideal for?
MBA programs are for people who have worked for at least 2-5 years and want to:
● Advance their careers: Getting an MBA will improve your resume and help you get
leadership jobs in many different industries.
● Develop critical business skills: An MBA program teaches you important business
skills like basic business principles, critical thinking, and leadership.
● Network with industry professionals: In an MBA program, you can meet and connect
with experienced professors and guest speakers, which helps you build a professional
network.
What to expect in an MBA program:
MBA programs usually take two years and can be full-time, part-time, or online. They cover the
following:
● Core Courses: These courses will give you a good foundation in business areas like
accounting, finance, marketing, management, and business ethics.
● Elective Courses: Students can explore specific topics they’re interested in by selecting
classes in areas such as global business, starting a business, managing people, or
analyzing marketing data.
● Real-world Projects and Case Studies: MBA programs include real-world business
projects and case studies to help students apply what they learn in class to real-life
situations.
● Capstone Project or Thesis: Many programs end with a big project or thesis where
students show what they’ve learned by solving a complex business problem.
Types of MBA Programs
1. Two-Year Full-Time MBA:
– The traditional 2-year MBA program that you need to attend in person.
– You will take basic business classes in the first year and can choose specific classes in the
second year.
– Usually, you will need at least 3 years of work experience.
2. One-Year Full-Time MBA:
– Accelerated 1-year MBA programs, often with a lock-step curriculum.
-Sometimes requires work experience or specific coursework.
-This is a quicker way to finish your MBA.
3. Part-Time MBA:
– Lets you work while getting your MBA, usually with classes at night or on weekends.
– Gives flexibility for people to work.
– Might take more than 3 years to finish.
4. Online MBA:
– Completely online MBA programs that are convenient and flexible.
– You can learn at your own pace or follow a schedule.
– Lets you get an MBA without being on school campus.
5. Executive MBA (EMBA):
– For professionals with lots of experience. It is a short program.
– Focus on leadership and strategic management abilities.
– You will need 5 or more years of work experience for an EMBA.
6. Specialized/Concentration MBA:
– MBAs that allow students to specialize in areas like finance, marketing, entrepreneurship,
etc.
– Provides in-depth expertise in a particular business discipline.
Types of MBA Scholarships Available
1. Merit-Based Scholarships:
– Awarded to students based on academic excellence demonstrated like GMAT/GRE scores,
GPA, and academic achievements.
– Examples of schools that offer merit based scholarships are the Kellogg School of
Management scholarships and the University of Chicago Booth School of Business
scholarships.
2. Need-Based Scholarships:
– Given to students based on how much money they need.
– Most of the scholarships at Columbia Business School for MBA students are based on
financial need and cover only part of the tuition costs.
3. Diversity Scholarships:
– This scholarships is to support underrepresented groups in MBA programs, like women,
minorities, and LGBTQ+ students.
– Examples are the Forté Fellows Program and the Committee of 200 Scholars Program.
4. National/External Scholarships:
– Privately funded scholarships not tied to a specific university, such as the Sainsbury
Management Fellowships.
– These scholarships may have their own unique eligibility criteria and application processes.
5. University-Specific Scholarships:
– Offered directly by the MBA program, such as the Arizona State University W.P. Carey
Forward Focus MBA Scholarship.
– These are often merit-based or a combination of merit and need.
6. Full-Tuition Scholarships and Fellowships:
– Highly competitive scholarships that cover the full cost of tuition for an MBA program.
– Example is the Knight-Hennessy Scholars program at Stanford GSB.
10 MBA scholarships in the USA for international students
1. Future Leader Scholarship
– Applicant Continent: Open to international students
– Scholarship Type: Merit-based, provided by the university
– Coverage: Partial tuition coverage
2. Women in Business Scholarship
– Applicant Continent: Open to international female students
– Scholarship Type: Merit-based, provided by the university
– Coverage: Partial tuition coverage
3. Global Professional Scholarship
– Applicant Continent: Open to all international students
– Scholarship Type: Merit-based, provided by the university
– Coverage: Partial tuition coverage
4. Entrepreneurial Impact Scholarship
– Applicant Continent: Open to all international students
– Scholarship Type: Merit-based, provided by the university
– Coverage: Partial tuition coverage
5. Academic Excellence Scholarship
– Applicant Continent: Open to international students
– Scholarship Type: Merit-based, provided by the university
– Coverage: Partial tuition coverage
6. Stanford Knight-Hennessy Scholars Program – Stanford Business School
– Applicant Continent: Open to international students
– Scholarship Type: Highly competitive, full-tuition scholarship provided by the university
– Coverage: Full tuition for the MBA program
7. Harvard Business School Scholarships – Harvard University
– Applicant Continent: Open to international students
– Scholarship Type: Merit-based and need-based, provided by the university
– Coverage: Covers part or all of the tuition costs.
8. McKinsey Award – MIT Sloan School of Management
– Applicant Continent: Open to international students
– Scholarship Type: Merit-based, provided by the university
– Coverage: Partial tuition coverage
9. The Donald P. Jacobs International Scholarships at Kellogg School of Management.
– Applicant Continent: Open to international students
– Scholarship Type: Merit-based, provided by the university
– Coverage: Partial tuition coverage
10. Stanford Graduate School of Business Scholarships
– Applicant Continent: Open to international students
– Scholarship Type: Merit-based and need-based, provided by the university
– Coverage: Covers part or all of the tuition costs.
Conclusion
With the numerous scholarships available for you an international student, pursuing an MBA in
the United States is possible without the cost of tuition being a barrier. Universities like Stanford,
Harvard, MIT, and Kellogg have highly competitive full-tuition scholarships, while many other
institutions provide partial scholarships to support international MBA students. Please note that
the specific details, like the exact amount of coverage and the application process, vary for each
scholarship. You need to check the university’s website or contact the admissions office for the
most up-to-date information.