Scholarship Overview

The MBA Scholarship for Columbia University is offered by Columbia Business School. CBS awards partial-tuition scholarships to qualified, domestic and international, students. These scholarships are given on a need basis and certain named scholarships have a merit component or have specific criteria designated by the donor. Complete details on applying the scholarships are made available to students after admission.

MBA Scholarship by Columbia Business School ranges in awards from $10,000 - $30,000 for qualified students. The amount of scholarship awarded depends on the funds available. Sometimes the amount can be even higher than mentioned above, it all depends on the availability of funds. Almost half of the students who apply for an MBA scholarship get the scholarship with an average scholarship award being approximately $20,000. The scholarship award is generally renewed for the second year of study. Although the percentage of students getting scholarships is high, this does not mean, there is a guarantee of getting a need-based scholarship.

For a need-based MBA scholarship, Columbia Business School evaluates the student’s eligibility. To assess a student’s eligibility some factors are considered such as Cash, Savings, Investments, Money Market, IRA and Retirement Account, CDs, Trust Funds, Real Estate Equity, GI and Social Security Benefits, Income of Student and Spouse, Other Familial Resources, Income Tax Refunds, Sponsorships from Companies, and Prior Educational Debt Levels. The scholarship application begins in early September and final results are declared by early April next year.

Applicable course, university and country

This scholarship is applicable for Masters Degree

This scholarship is applicable for the following courses in Columbia University in USA

• MBA

• This scholarship can be availed by all the students applying for MBA course

Scholarship amount details

Max scholarship per student: USD 30,000 => Rs 25,09,200

Conversion rate used: 1 USD = Rs. 84.27 (last updated 25th November 2024)

Scholarship amount will be given: Yearly

Scholarship amount can be used for

Type of Expense	Indicates if scholarship can be used for this type of expense
Tuition & Fees	✔Scholarship amount can be used for this
Living Expense	×Not covered in scholarship
Accommodation	×Not covered in scholarship
Air Fare/Travel Expenses	×Not covered in scholarship
Spouse/Child Care	×Not covered in scholarship
Health Cover	×Not covered in scholarship
Application	×Not covered in scholarship
Others	×Not covered in scholarship

• Award amounts range from $7,500–$30,000 for those who qualify and based on funds available (amounts can sometimes be higher in certain circumstances).  Of those who apply, about half receive a need-based scholarship and the average award is approximately $20,000
• Awards are generally renewed for the second year of study

Student Awards

Number of students to be awarded: Varies

Scholarship Eligibility

Special Restrictions

• No Special Restriction applicable

Exams Details

Exam name	Indicates if exam is required and cutoff (if any)
TOEFL	Required
IELTS	Required
GRE	Required
GMAT	Required
12	Required
UG	Required

Eligibility

• To assess a student's eligibility for need-based aid, the School takes into consideration all possible resources (including cash, savings, investments, money market, IRA and retirement accounts, CDs, trust funds, real estate equity, GI and Social Security benefits, income of student and spouse, other familial resources, income tax refunds, sponsorships from companies, as well as prior educational debt levels)

Application Process for this scholarship

Application Documents

Type of documents	Indicates if this type of document is required to be submitted
LOR	Required
Essays	Required

• Two Letter of Recommendation
• Essays -  Applicants must complete one short answer question and three essays:
  • Short Answer Question: What is your immediate post-MBA professional goal? (50 characters maximum)
  • Essay 1: Through your resume and recommendations, we have a clear sense of your professional path to date. What are your career goals over the next 3-5 years and what, in your imagination, would be your long-term dream job? (500 words)
  • Essay 2: Why do you feel Columbia Business School is a good fit for you? (250 words)
  • Essay 3: Tell us about your favorite book, movie, or song and why it resonates with you.  (250 words)
• Transcripts

Scholarship Application

Students will be auto-considered for this scholarship when they apply for the courses on which this scholarship is applicable. No separate application is needed.

Important Dates

	Date	Additional Details
Application final end date	October 15, 2023	Not Available

Please note that these dates could be in local country times and may not be IST (Indian standard time).