MBA degrees open the door to top-class career opportunities in the corporate world. However, the cost of an MBA degree is high and that could be a problem for international students. To help international students, there are plenty of MBA scholarships in the USA for them to reduce the financial burden of an MBA qualification.
These scholarships are available and accessible to all international students who have an impeccable academic background and commitment to achieving the best in their studies. Below is a list of the top MBA scholarships in the USA for international students.
Top MBA Scholarships in USA for International Students
1. Harvard University MBA Scholarship
Harvard University awards MBA scholarships in USA to qualified applicants from different parts of the world who wants to pursue an MBA or Executive MBA program to study at Harvard Business School. The scholarship program offers full funding to the selected applicants. This scholarship is valued at $51,000/year and it covers full financial aid, tuition fee, and other miscellaneous expenses. To be eligible for the Harvard University scholarship, students must have an academic record that is satisfactory and demonstrates potential for successful leadership and contribution to business and society.
Link: https://harris.uchicago.edu/
2. Stanford University MBA Scholarship
Stanford university is ranked as a top school for graduate education programs in the world. The university is also rated top business school having excellent MBA scholarships for international students. The Stanford university’s scholarship is known as the “Knight Hennessy Scholarship” and it covers full tuition, health insurance, and housing allowance. To be eligible for this MBA scholarship, the students must have an excellent academic record and they should also demonstrate leadership potential.
3. Obama Foundation Scholarship
The Obama Foundation scholarship is a program funded by Barack Obama and it offers educational opportunities to students all over Africa. The scholarship is awarded to students who are passionate and want to contribute positively to their communities. The program is open to African students and they are offering scholarships specifically for MBA students. The awards offer full funding, which includes tuition fees and accommodation. The scholarship also covers a complete set of books and other instructional materials in order to make sure that students have everything they need to succeed in business administration programs.
Link: https://harris.uchicago.edu/
4. Fullbright Scholarship Program
The Fullbright degree program is a U.S. government initiative that started to facilitate academic exchange between the US and other countries. The scholarship is open for Undergraduate, Graduate, and Doctorate programs for international students. It also offers scholarships for MBA degree programs for international students. The U.S. government provides funding that covers tuition fees, living expenses, and a travel allowance to students who are accepted into the program in order to help them complete their courses successfully.
Link: https://foreign.
5. Boston University MBA Scholarship
Boston University offers various types of scholarships for its MBA programs for international students. They have Dean scholarships and they are awarded to students who demonstrate academic achievement, leadership potential, and potential to be successful members of the business community.
The Merit-based scholarships are given out on a competitive process and applicants who show a high level of outstanding academic achievements are awarded the higher scholarship from the Dean merit-based scholarship pool. Private scholarships are also offered for international students who seek to obtain their MBA degree at Boston University School of Business.
Link: https://www.bu.edu/questrom/
Conclusion
To sum up, these are just a few of the great options that are open to international students looking for MBA scholarships in the USA. They are all excellent business schools and you will learn a lot from attending. Always remember that academic success is important for getting into these programs, but it is even more important to show good leadership skills and be able to contribute positively to the programs as well.