AbdulPursuing an MBA in the United States can be a dream come true for many international students. However, the high cost of tuition, living expenses, and other fees can make it challenging for many to achieve this goal.
According to a report by the Graduate Management Admission Council (GMAC), the average cost of pursuing an MBA in the USA is around $100,000 per year, making it difficult for international students to fund their education.
Fortunately, there are numerous scholarship opportunities available to help international students pursue their MBA dreams in the USA. These scholarships can help cover tuition fees, living expenses, and other costs, making it more accessible for international students to pursue an MBA in the USA.
In this post, we will highlight the top 12 MBA scholarships for international students in the USA, including their eligibility criteria, application process, and award amounts. Whether you are a prospective student or already enrolled in an MBA program, this information will help you explore the various scholarship options available to support your academic and professional goals.
The Top 12 MBA Scholarships for International Students in the USA
1. Fulbright Scholarship
The Fulbright Scholarship is a prestigious scholarship program sponsored by the United States government to promote international education and cultural exchange. International students pursuing a master’s or Ph.D. degree in the USA, including MBA programs, are eligible to apply.
To be considered, applicants must demonstrate academic excellence, leadership potential, and a strong command of English. The application process involves applying through the Fulbright Commission in your home country or the Institute of International Education (IIE).
The award amount includes a full tuition fee waiver, a living stipend, and airfare to and from the USA. As a Fulbright scholar, you will have the opportunity to study at a top-ranked US university, immerse yourself in American culture, and build a professional network that spans the globe.
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2. Stanford GSB Reliance Dhirubhai Fellowship
The Stanford GSB Reliance Dhirubhai Fellowship is a scholarship program established to support talented international students pursuing an MBA at the Stanford Graduate School of Business. To be eligible, international students must have received an offer of admission to the Stanford MBA program.
Priority is given to students from India, but applicants from other countries are also considered. The application process involves applying through the Stanford GSB website, which includes a separate essay and recommendation letter.
The award amount includes a full tuition fee waiver and additional funding for living expenses. As a Stanford GSB fellow, you will have the opportunity to study at one of the world’s top MBA programs, access Stanford’s network and resources, and build a global career.
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3. Harvard Business School MBA Scholarship
Harvard Business School (HBS) offers need-based and merit-based scholarships to international students pursuing an MBA degree. To be eligible, international students must have received an offer of admission to the HBS MBA program and demonstrate financial need and academic excellence.
The application process involves applying through the HBS website, including a separate essay and financial aid application. The award amount varies, up to a full tuition fee waiver and living expenses.
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4. Wharton MBA Scholarship
The Wharton MBA Scholarship is a need-based and merit-based scholarship program offered by the Wharton School of the University of Pennsylvania. International students pursuing an MBA degree at Wharton are eligible to apply.
The scholarship committee considers academic achievement, leadership potential, and financial need when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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5. MIT Sloan MBA Scholarship
The MIT Sloan MBA Scholarship is a merit-based scholarship program offered by the MIT Sloan School of Management. International students pursuing an MBA degree at MIT Sloan are eligible to apply.
The scholarship committee considers academic achievement, leadership potential, and innovation when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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6. Columbia Business School MBA Scholarship
The Columbia Business School MBA Scholarship is a need-based and merit-based scholarship program offered by Columbia University. International students pursuing an MBA degree at Columbia Business School are eligible to apply.
The scholarship committee considers academic achievement, leadership potential, and financial need when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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7. NYU Stern MBA Scholarship
The NYU Stern MBA Scholarship is a merit-based scholarship program offered by New York University’s Stern School of Business. International students pursuing an MBA degree at NYU Stern are eligible to apply.
The scholarship committee considers academic achievement, leadership potential, and innovation when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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8. University of Chicago Booth MBA Scholarship
The University of Chicago Booth MBA Scholarship is a merit-based scholarship program offered by the University of Chicago’s Booth School of Business. International students pursuing an MBA degree at Chicago Booth are eligible to apply.
The scholarship committee considers academic achievement, leadership potential, and innovation when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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9. Kellogg School of Management MBA Scholarship
The Kellogg School of Management MBA Scholarship is a merit-based scholarship program offered by Northwestern University’s Kellogg School of Management. International students pursuing an MBA degree at Kellogg are eligible to apply.
The scholarship committee considers academic achievement, leadership potential, and teamwork when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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10 Berkeley Haas MBA Scholarships
The Berkeley Haas MBA Scholarship is a merit-based scholarship program offered by the University of California, Berkeley’s Haas School of Business. International students pursuing an MBA degree at Berkeley Haas are eligible to apply.
The scholarship committee considers academic achievement, leadership potential, and innovation when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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11. Yale School of Management MBA Scholarship
The Yale School of Management MBA Scholarship is a merit-based scholarship program offered by Yale University’s School of Management. International students pursuing an MBA degree at Yale SOM are eligible to apply. The scholarship committee considers academic achievement, leadership potential, and innovation when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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12. Duke Fuqua MBA Scholarship
The Duke Fuqua MBA Scholarship is a merit-based scholarship program offered by Duke University’s Fuqua School of Business. International students pursuing an MBA degree at Duke Fuqua are eligible to apply. The scholarship committee considers academic achievement, leadership potential, and teamwork when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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13. Darden School of Business MBA Scholarship
The Darden School of Business MBA Scholarship is a merit-based scholarship program offered by the University of Virginia’s Darden School of Business. International students pursuing an MBA degree at Darden are eligible to apply. The scholarship committee considers academic achievement, leadership potential, and innovation when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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14. Tepper School of Business MBA Scholarship
The Tepper School of Business MBA Scholarship is a merit-based scholarship program offered by Carnegie Mellon University’s Tepper School of Business. International students pursuing an MBA degree at Tepper are eligible to apply. The scholarship committee considers academic achievement, leadership potential, and innovation when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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15. Ross School of Business MBA Scholarship
The Ross School of Business MBA Scholarship is a merit-based scholarship program offered by the University of Michigan’s Ross School of Business. International students pursuing an MBA degree at Ross are eligible to apply. The scholarship committee considers academic achievement, leadership potential, and teamwork when selecting recipients. The award amount varies, up to the full tuition fee waiver and living expenses.
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Conclusion
Pursuing an MBA degree in the USA can be a dream come true for many international students. However, the high cost of tuition and living expenses can make it challenging for many to achieve this goal. Fortunately, there are numerous scholarship opportunities available to help international students pursue their MBA dreams in the USA.
In this post, we highlighted the top 15 MBA scholarships for international students in the USA, including their eligibility criteria, application process, and award amounts.
Remember, each scholarship has its own unique requirements and benefits, so it’s essential to research and review each option carefully. Don’t let financial constraints hold you back from achieving your academic and professional goals. Apply for these scholarships and take the first step towards pursuing your MBA degree in the USA.
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