Top MBA Scholarships in USA for Indian Students
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Pursuing an MBA will definitely give your career a boost and if you do it from the top-most study destination then it will be even more meaningful. However, not everyone gets this chance and a majority of the aspirants miss this opportunity because of a shortage of funds. In this article, we will inform you about what all MBA USA scholarships are available for international students. There are some scholarships that are funded by the colleges for pursuing MBA.
There are two types of scholarships
Also Read: Study in USA - Colleges, Eligibility & Scholarships
Wharton School of Business
Wharton School of Business offers various scholarships for aspirants in need of funds.
- Fulbright Program for Non-US Students
Fulbright Foreign Student Program helps students, professionals, and artists, who are not US citizens, to study and conduct research. This program is in more than 160 countries and approximately 4000 foreign students are recipients of this scholarship every year.
Application: Students are supposed to apply through the bi-national Fulbright Commission or through US Embassies in their home country.
- The Margaret McNamara Memorial Fund
This grant is meant to support the education of women who are from developing countries and want to contribute to the lives of women and children in their home countries.
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- Emerging Economy Fellowships
This scholarship has been specially designed for the aspirants of emerging economies. Aspirants willing to pursue a full-time MBA at the Wharton School of Business can apply for it. It covers both the years of the course.
Eligibility: First-year students can apply for this scholarship. Eligibility criteria:
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- Academic achievement
- Unique personal qualities
- Exceptional professional development
- Compelling leadership
Application: Aspirants need not apply formally for this scholarship, those who got admitted to Wharton are automatically considered for this fellowship.
- Social Impact Fellowships
Social Impact Fellowship offers undergraduate and graduate students the opportunity to enhance their operation, leadership, and strategic skills and make a positive impact on their work.
Eligibility: Aspirants need to showcase their leadership in the public and non-profit sectors.
Application: Students applying for the program are automatically considered for this scholarship, there is no formal application procedure for applying to this fellowship.
- Joseph Wharton Fellowships
This fellowship program is named after the founder of Wharton and is awarded to students with excellent academic and professional records.
Eligibility: All students who got admission to Wharton are eligible for this fellowship program.
Application: There is no formal application procedure for this scholarship. Students getting admission become eligible for this program.
Also Read:
- 10 Scholarships that will help you study abroad for free
- What are the chances of receiving a Scholarship?
- Difference between Scholarship and Fellowship
Tuck School of Business (Dartmouth College)
The Tuck School of Business offers a wide range of scholarships to individuals who require funds for pursuing higher studies. The scholarships are financed with the cooperation of alumni, corporations, and nonprofit foundations. Tuck scholarships range from $10,000 to a full tuition fee. The scholarships get renewed automatically in the second year on the basis of academic performance.
- Consortium for Graduate Study in Management Fellowship
Tuck School of Business is a member of the Consortium for Graduate Study in Management Fellowship. The students who get selected via the Consortium receive a merit-based scholarship which covers the entire tuition fee.
- Forté
Forté is a consortium of businesses, non-profit groups, and educational institutions that provides scholarships to exceptional women candidates.
- Center For Business & Society
Two programs developed by the Center For Business & Society award financial help to deserving students. The ‘TUCK GIVES’ program offers financial help to students who are planning to enter the public sector or nonprofit summer internships.
The Tuck Nonprofit Fellowship program offers financial support and guidance to TUCK graduates who join a public sector or nonprofit organization. Recipients of this scholarship can use the fellowship to repay the loans.
Eligibility: Academic record, leadership, or professional achievements.
Application: Aspirants should apply for the Tuck School of Business Scholarships before the deadline.
Columbia Business School
Columbia Business School offers both need and merit-based scholarships to international students. Depending on the academic performance and financial needs of the candidates, it offers full-time and partial fellowships to students with excellent academic records.
- Columbia Business School Board Fellowships
Students who have an exceptional academic record and offer a bright professional career are awarded this scholarship. The scholarship amount gets renewed in the second year.
- Columbia Business School Board China & India Fellowships
Columbia Business School Board China & India Fellowship is meant for students from China and India. Students must possess an exceptional academic record and must offer bright future prospects.
- Meyer Feldberg Distinguished Fellowship Program:
This fellowship is awarded to selected students who showcase leadership and excellent academic skills. With this fellowship, students are given full tuition and membership in the group of Feldberg fellows.
Eligibility:
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- Outstanding academic and professional record.
- Fellows must have a distinguished record in finance, entrepreneurship, and social enterprise.
Sloan School of Management
MIT Sloan offers merit-based scholarships to pursue an MBA to first-year and second-year students.
- Legatum Fellowship:
The Legatum Center for Development and Entrepreneurship provides scholarships for entrepreneurial graduate students who plan on starting a business in a low-income country.
Application: The application process for this scholarship is different from the admission application.
- McKinsey Award:
Although this fellowship is open to all new students, irrespective of their professional background. However, The McKinsey Award scholarship is awarded to 4 first-year students.
Eligibility: Academic excellence, professional leadership, and community service.
Application: The recipients are selected by the committee based on their admission application and interviews.
- MIT Sloan Social Impact Fellowships
MIT Sloan Social Impact Fellowship provides funding to MBA students who work on social challenges and issues during their summer internship period.
- Master's Fellowships:
The main aim of this scholarship is to increase the diversity of the class, so, it is open to all the students irrespective of their backgrounds. The scholarship amount ranges from $5000 to full tuition.
Eligibility: All students are considered for these fellowships.
Harvard Business School
Harvard Business School offers several fellowship plans to deserving candidates. The financial need-based scholarships are determined on the basis of gross income of the past 3 years, assets owned, and socio-economic background.
- Rock Center Loan Reduction for Entrepreneurs:
Rock Center for Entrepreneurship provides a one-time loan reduction amount of $5000 - $20,000 for MBA students who wish to pursue their own ventures.
- The Robert S. Kaplan Life Sciences Fellowship:
This fellowship is given to 10 students who can showcase extraordinary performance in life sciences. The scholarship values $20,000 and is awarded at the time of admission. This fellowship is preferably given to students who wish to join science-related businesses or organizations.
- Horace W. Goldsmith Fellowship:
This fellowship is awarded to up to 10 students who wish to work in the nonprofit sector. Under this program, first-year students are awarded $10,000.
Eligibility: Students must have worked full-time in the non-profit sector before applying to the Harvard Business School.
- HBS Fellowship Programs:
HBS offers need-based fellowships to students who got admitted and are in need of funds. At Harvard, almost 50% of its class receives an average of around $32,000 per year through need-based HBS Fellowships.
- The HBS Forward Fellowship:
The fellowship provides support to students from lower-income backgrounds. Financial support of $30,000 is provided.
Application: HBS Financial Aid application and complementary fellowship application must be submitted along with the family information.
Kellogg School of Management
Kellogg School of Management provides merit-based MBA USA scholarships that are awarded at the time of admission.
- Austin Scholars:
Austin Scholarship is awarded to students pursuing 2-years and MMM programs.
Eligibility: Exceptional leadership in academic and professional spheres.
Application: Students are considered for this scholarship based on their admission application.
- Diversity Scholarships:
These scholarships are awarded with the aim to increase the diversity of Kellogg's students. These are awarded to meritorious students who showed leadership skills, academic excellence, and career advancement.
- Donald P. Jacobs International Scholarships:
These scholarships are awarded to students who wish to pursue MMM and two-year programs.
Eligibility: Students who secure admission are considered for all the merit-based scholarships awarded by the school.
Application: Merit-based scholarships are awarded through the admissions process.
- Kellogg Scholarship:
This scholarship is provided to students who are enrolled in full-time programs and demonstrate good academic and leadership abilities.
- David F. and Margaret T. Grohne Family Foundation Scholarship:
This scholarship is provided to two exceptional students pursuing 2-year and MMM programs.
- Drake Scholars:
This scholarship is awarded to those students who have a passion to promote women's initiatives.
Apart from this, popular schools like Haas School of Business (University of California, Berkeley) also offer MBA scholarships to international students.
Related Articles
Q: What GPA is required for the University of South Dakota?
The University of South Dakota expects a GPA score of 2.5 from undergraduates and 3 from postgraduates on the 4-pointer scale. Along with the GPA scores, undergraduates must meet the basic eligibility and submit an ACT score of 21 or higher and an SAT score of 1070 or higher. In addition, they must submit the required documents, such as academic history, transcripts, letters of recommendation, English language scores, and more.
Q: What GPA is needed to go to Ohio State?
There is no minimum GPA score for UG admission at Ohio State. However, International students must have a cumulative GPA of at least 3.0 (on a 4.0 scale or equivalent) for graduate admission. Applicants may submit a standardized test score (GRE or GMAT) if their cumulative GPA is below 3.0 for the last degree.
Q: Is it hard to get into the UTSA in San Antonio Texas?
According to various sources, University of Texas San Antonio has an overall acceptance rate of around 87% which makes it somewhat selective for international student admissions. Some of the general requirements to be considered for admission are given as follows:
- SAT/ACT scores
- Overall Student's GPA
- Letters of Recommendation
- High School Class Rank
- Additional Academic Records
Q: Is University of North Dakota good for Indian students?
The University of North Dakota is one of the top choices for international students to pursue their higher education. The UND warmly welcomes its international students as they have contributed a lot to the success of the university. Moreover, the university offers a top-notch environment, the best academic opportunities, technical & career training, etc. The university boasts over 1000 international students who represent more than 95 countries. Additionally, international students highly enjoy the facilities provided by the University of North Dakota. The UND is one of the largest research universities in the United States for international students.
Q: How much is the application fee for Alabama University?
The Alabama University application fee for International students vary by application type. Mentioned below are the application fee for UG and PG applications at Alabama:
- UG: USD 40 or INR 3,342.14
- MBA: USD 80 or INR 6,684.28
Q: Can I get into Oregon State with a 3.5 GPA?
International students must have at least a GPA between 2.5 and 3.0 on a scale of 4.0 for UG and PG admission at Oregon State. Therefore, candidates are eligible to get admission to the university with a 3.5 GPA in their academics. Oregon State University GPA requirements are different for undergraduate and graduate admission. Mentioned below is the range of GPA required for Oregon State University admissions:
| Program | Minimum GPA Required (on a scale of 4.0) |
|---|---|
| Undergraduate | 2.5 - 3.0 |
| Graduate | 2.5 - 3.0 |
Read about the Grading System in the USA
Q: What is Northwest Missouri acceptance rate?
The Northwest Missouri acceptance rate for international students is around 80%. This shows that the university follows a moderate selection criteria when it comes to admission. However, the moderate selection criteria does not imply that the university accepts every application. International students must showcase their excellent academic performance, score high GPA, submit standardized test scores and English language proficiency test scores. In addition, if a student has a history of participation in relevant extracurricular or experience, their selection probability increases by 50%.
Q: What GPA do I need to get into Northwest Missouri state?
Northwest Missouri State University expects a cumulative GPA of 2 for UG programs and 3 for PG programs on a scale of 4. GPA is one of the top factors when considering students for university admissions. Along with GPA, the university expects a student to provide high school transcripts from previously attended university or school, standardized test scores, English language proficiency test scores, and more. In addition, students with relevant experience in the chosen field are preferred over the studious students.
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