Pursuing MBA from abroad can be a bit cost expensive, and a lot of times, students are unable to pursue their dream of pursuing an MBA abroad from top universities due to the high costs of tuition fees. But you need not worry; there is a solution to this problem. Suppose you have an excellent academic record, then you can go abroad for studies through a scholarship. There are various scholarships for MBA which can fund your program. Candidates can apply to the various scholarship programmes available at universities of their choice.
There are numerous scholarships available. Here we will make a list of scholarships to study MBA abroad.
Oxford Pershing Square Scholarship is open to international students worldwide interested in pursuing postgraduate studies at the University of Oxford. OXPS Scholarship offered by the Pershing Square Foundation is a Full scholarship to support outstanding students on the 1+1 MBA, covering both the Master’s degree and the MBA year. The scholarship is provided to 6 selected scholars. The scholarship covers the full tuition fee and provides £15,609 toward living expenses for both years of study, approximately INR 13,50,000 for living expenses for two years. You have to submit a scholarship essay while applying.
Global Study Awards
This prestigious scholarship is awarded in association with Study Portals, ISIC and British Council. The Global Study Awards scholarship applies to candidates wanting to pursue their MBA. A merit-based scholarship goes to two students for each academic year. Candidates are required to show a solid commitment to developing their careers. The maximum individual award is £10,000, paid directly to the higher education institution where the applicants plan to study. If the tuition fee is below the maximum fund amount, the remaining funds would be allocated towards their living costs for a maximum of 52 weeks.
Central Sector Scheme of National Overseas Scholarship
This scholarship is awarded by the Ministry of Social Justice & Empowerment, Government of India. This scholarship provides financial assistance to selected candidates for pursuing their Master’s Programme abroad from accredited Institutions/universities. Applicable to all candidates who want to pursue an MBA, a total of 100 students receive this scholarship for one academic year. The maximum scholarship per student is USD 33,800.
This fellowship is provided by the UNC Kenan- Flagler Business School in North Carolina, USA. It goes to the students who pursue MBA in their school. Approximately 50% of students receive merit-based fellowships, some of which fully cover the program’s tuition and fees. They also offer reduced-rate tuition for North Carolina residents, student loan programs, and access to private scholarships. However, you should have an undergraduate degree from an accredited U.S. college or university, an Average of 694 GMAT and five years’ work experience.
This scholarship occurs in association with Financial Sumo. The sole purpose of this scholarship is to unburden the student of their college fees. This need-based scholarship applies to students pursuing their MBA. Applicable to all candidates who want to pursue an MBA in Germany, this scholarship goes to a single deserving candidate every academic year. The maximum value of the scholarship stands at USD 1,000.
Go Clean Scholarship
This scholarship is available to students of any nationality from all around the world. Go clean scholarship program offers an award value of 3500 USD. Applicants who plan on pursuing an MBA are eligible to apply for the Go Clean Scholarship. For candidates to win this merit-based scholarship, they must write an article on “How to keep the environment green and clean” in 500 to 750 words.
University of Sussex 2022 MBA Scholarships the UK is a partial fee waiver of 3000 GBP (308,881 INR) awarded to incoming students. The scholarship is available to students from specific countries like India, Afghanistan, Bhutan and Bangladesh. This is the only MBA scholarship offered by the university.
Harvard Business School is one of the top Business Schools in the world. Applications currently occur for the Harvard University MBA Scholarship 2022 for a complete study. The Boustany MBA Harvard Scholarship is granted every two years for a two-year course at Harvard Business School. Boustany Foundation awards scholarships to talented individuals creates life-changing opportunities for less privileged children. The Boustany Foundation Candidates may apply for the Scholarship only after receiving an offer of admission from the Harvard MBA programme.
List Of Scholarships To Study MBA Abroad
Frequently Asked Question
Q1. Can I receive a complete scholarship for an MBA program abroad?
Ans. The primary qualifying requirement for students seeking an MBA scholarship is that they are registered in an MBA program. Moreover, to be eligible for an MBA scholarship in foreign countries such as the United States, United Kingdom, France, Italy, and Canada, applicants must have a legitimate GMAT or GRE score.
Q2. Can I get a free MBA oversea?
Ans. Nordic countries Norway, Denmark, Iceland, Finland, and Sweden all have chances for low-cost or free education. In Norway, university education is free for all individuals, irrespective of level of study or nationalities.
Q3. Is an MBA available for free in Germany?
Ans. All students interested in pursuing an MBA (Masters in Business Administration) should be aware that almost all publicly financed colleges in Germany do not charge tuition fees. Students must, however, incur an Administration Fee at the start of each school year.