Management, Business administration, and MBA Scholarships 2022-2023 for international students are now open for online applications in all top-ranked business schools, colleges, and universities.
No doubt MBA is a massive financial investment for a deserving student, and if an applicant can get an MBA degree from a top-ranked business school; then thousands of career doors will open up! But there is a big stumbling block in the way to make this dream a reality and that is the high tuition fees and attached educational expenses. An applicant may consider applying for a fully-funded MBA or management degree scholarship program to meet these expenses! It might be slightly costly to apply for the MBA course degree but there are some of the international universities that are granting some highly funded scholarship programs for deserving yet talented students.
The main purpose of the MBA and business school scholarship programs is to grant the students the convenience to continue their education without any interruptions. If we talk about MBA scholarships, they are generally falling into two main categories i.e. merit-based and need-based. The merit-based scholarship is awarded to the students based on their educational achievements i.e. leadership experience and GMAT score. On the contrary, need-based MBA scholarships are designed for those students who are in financial need.
List of Top MBA, Management & Business Scholarships in 2022
Right here we have compiled a list of the Best MBA Scholarships for the students to apply to right now. We have also discussed the awarded amount and eligibility of each scholarship. Let’s have a look:
#1 Arizona State University W. P. Carey Forward Focus MBA Scholarship
Amount: Full resident tuition fee of $59,794 per year
Who can apply: Students enrolled in Arizona State University MBA
About the Scholarship: All the students who are enrolled in ASU for the MBA degree are allowed to apply for this scholarship program. They are 100% eligible for it. In the rewarded amount, the total tuition fee will be covered. For the Arizona State University’s W. P. Carey School, this scholarship amount will be an investment in student’s dreams and for their shared future.
#2 University of Florida Warrington College of Business
Amount: Full-time in-state or the out-of-state tuition fee for all the credits required in the program of MBA degree
Who can apply: Students enrolled in University of Florida Full-Time MBA
About the Scholarship: All the accepted full-time students enrolled in the University of Florida MBA degree are eligible to apply for this scholarship. The awarded amount covers the full tuition for classes through Warrington College of Business. Competitive students will be shortlisted out of which a few of them will be selected for this award.
#3 University of Chicago Booth School of Business
Amount: Offers full annual tuition with some extra awards i.e. reimbursing annual costs
Who can apply: Students enrolled in University of Chicago MBA
About the Scholarship: This University has been providing a wide range of scholarship opportunities on a merit basis. Incoming students can also apply. U.S. News & World Report has ranked this program on number 3 among different business schools in collaboration with Northwestern University.
#4 The University of Houston
Amount: Grants $10,000 plus the in-state tuition adjustments for the non-Texas residents
Deadline: You have to apply for the scholarship application till June 1, 2021, as domestic applicants whereas international students can apply till April 1, 2021.
Who can apply: Students enrolled in University of Houston MBA
About the scholarship: The University of Houston offers various scholarship programs for all the incoming MBA students. News & World Report has ranked this program on number 95th among different business schools in collaboration with Northwestern University.
#5 The Honor Society of Phi Kappa Phi Award Programs
Amount: Around 50 Fellowships of $8,500 each with six at $20,000 each, and almost two at $35,000 each. This will be meant for the members who are entering the first year of graduate or professional study. Almost seventy-five $1,000 grants are also awarded each year.
Deadline: For the study abroad grants, the deadline for submission is March 2021 and April 15, 2021, for the Fellowships.
Who can apply: Students enrolled in Phi Kappa Phi members
About the scholarship: The Honor Society of Phi Kappa Phi is fully chartered to encourage the student to acquire scholarships broadly. This can be done without any sort of specific area of the study membership requirement. Phi Kappa Phi is known to be the United States’ oldest and well-known all-discipline honor society. It is also the third-oldest academic society which is designed just to identify basic academic achievements. Phi Kappa Phi’s ongoing commitment to recognizing scholarship is very much evident in its fantastic grants or awards programs.