Are you dreaming of studying MBA in a foreign country with a scholarship? If yes, we would like to be your support at the best. Having your MBA abroad unlocks an array of career opportunities for you. You will be exposed to the world’s best universities, industries, and peers, all catering to the best version of yourself.
Actualize your dream with our support! Read on, and get valuable insights on top scholarships for international students for MBA abroad.
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Top MBA scholarships abroad
There are many scholarships available for MBA programs abroad in different countries and at different universities. Among them, here are some top handpicked scholarships for international students:
| Scholarship | Amount |
|---|---|
| Go Global MBA Scholarship | 7,000 USD |
| INSEAD Deepak and Sunita Gupta Endowed Scholarship | 27,374 USD |
| Harvard University-Boustany Foundation MBA Scholarship | 75% of the tuition fee + travel and accommodation costs of internship |
| UWE Bristol MBA Scholarship by the University of the West of England, Bristol | 50% of the tuition fee |
| Oxford Pershing Square Scholarship by Pershing Square Foundation | 22,314 USD |
| Weidenfeld-Hoffman Scholarship and Leadership Program | 23,499 USD |
| Merit-Based Scholarships by the Booth School of Business, the University of Chicago | Full or partial coverage of the tuition fee |
| Edward J. DeBartolo, Sr. Graduate Scholarships by International Council of Shopping Centers Foundation | 10,000 USD |
Go Global MBA Scholarship
Go Global MBA Scholarships are open to international students enrolled in any of the business schools abroad. The value of these scholarships is up to 7,000 USD.
Eligibility
- Secure admission to an MBA program in Fall 2024
- Have work experience of no more than 5 years
INSEAD Deepak and Sunita Gupta Endowed Scholarship
INSEAD (Institut Européen d’Administration des Affaires) is a non-profit graduate business school with campuses in France, Singapore, the United Arab Emirates, and the United States. At INSEAD, international students can apply for endowed scholarships worth 25,000 EUR (27,374 USD).
Eligibility
- Be an international student from a developing country
- Submit an essay on a given topic
Harvard University-Boustany Foundation MBA Scholarship
If you get into the prestigious Harvard Business School, you are eligible to apply for the Harvard University-Boustany Foundation MBA Scholarship. It covers up to 75% of the tuition fee and travel and accommodation costs for the internship.
Eligibility
- Excellent academic background
- Secure admission offer letter from the Harvard Business School
UWE Bristol MBA Scholarship by the University of the
West of England, Bristol
The University of the West of England offers MBA scholarships with financial help of 50% of the total tuition fee for 1 year. There are many categories of funding available for international MBA students.
Eligibility
- Get good scores in English proficiency tests such as IELTS, TOEFL, PTE, Duolingo, etc.
- Have a minimum of 3 years of work experience
Oxford Pershing Square Scholarship by Pershing Square Foundation
Students of the great Oxford University can apply for the Oxford Pershing Square Scholarship. Selected applicants will get complete coverage of their tuition fee plus a grant of 17,668 GBP (22,314 USD) per year.
Eligibility
- Enroll in the Oxford 1+1 MBA program
- Demonstrate academic excellence, leadership, and a commitment to career
Weidenfeld-Hoffman Scholarship and Leadership Program
At the University of Oxford, you can apply for the Weidenfeld-Hoffmann Scholarships and Leadership Programme when you enroll for an MBA degree. The benefits of this scholarship include 100% tuition fee coverage and a grant of a minimum of 18,622 GBP (23,499 USD).
Eligibility
- Be an international student from a developing country
- Have excellent academic scores
Merit-Based Scholarships by the Booth School of Business, the University of Chicago
International students at the Booth School of Business, at the University of Chicago are eligible for merit-based scholarships. The beneficiaries are selected based on their academic excellence.
Eligibility
- Academic excellence
- Leadership skills and extracurricular activities
Edward J. DeBartolo, Sr. Graduate Scholarships by International Council of Shopping Centers Foundation
Students enrolled in an accredited US university can apply for the Edward J. DeBartolo, Sr., Graduate Scholarship by the International Council of Shopping Centers Foundation. Currently, 2 such scholarships of each 10,000 USD are available for fall 2023 admissions.
Eligibility
- Get admission to a US university
- Demonstrate financial need for the scholarship
Scholarship exam for MBA abroad
For MBA scholarships abroad, international students need to get a standard score in their entrance tests. The top exams relevant for MBA scholarships abroad are:
- Course entrance test – GRE/GMAT
- English proficiency test – IELTS/ TOEFL/ PTE/ Duolingo
MBA abroad scholarships for Indian students
Looking for the best MBA scholarships for Indian students? You’re right – there are many scholarships exclusive to Indian students. Here are some top MBA scholarships abroad only for Indian students to meet the academic and living costs.
Narotam Sekhsaria Foundation Scholarship
Apply for the 100% merit-based scholarship by the Narotam Sekhsaria Foundation when you secure admission for MBA courses abroad. Apart from the scholarship, you will receive mentoring and networking assistance as part of the program.
Eligibility
- Be an Indian studentBe an Indian student
- Show academic excellence and involvement in extracurricular activities
National Overseas Scholarship
The Indian government’s National Overseas Scholarship Scheme provides valuable assistance to students from economically disadvantaged backgrounds, specifically those belonging to Scheduled Castes, Denotified Nomadic and Semi-Nomadic Tribes, Landless Agricultural Laborers, and Traditional Artisans. It is fully funded.
Eligibility
- Secure admission to QS’s top 500 ranked universities
- Be under 35 years of age at the time of applying
Aga Khan Scholarship
The Aga Khan Scholarship is a 50% scholarship and 50% loan for Indian students to study postgraduate courses abroad. You can apply for this scholarship if you secure admission to an MBA program abroad.
Eligibility
- Academic excellence and demonstrated financial need
- Extracurricular activities
- Return to home country after studies
KC Mahindra Scholarship
Indian students can apply for a loan scholarship from KC Mahindra Education Trust to study postgraduate courses abroad. MBA abroad aspirants are eligible to apply for the scholarship. The top 3 students will receive a scholarship of INR 10 Lakhs and others will receive up to INR 5 Lakhs.
Eligibility
- Possess a first-class degree or diploma from a recognized Indian university
- Your program must commence before February 2024
Tata Scholarship for MBA Abroad
The JN Tata Endowment program assists eligible Indian students to study abroad. Under this program, students get a loan scholarship worth of INR 10 Lakhs.
Eligibility
- Be an Indian student
- Have annual fee receipt while applying
MBA Scholarships in the USA
Business schools in the US are among the best in the world. However, a major challenge for international students is the steep tuition fee. Explore these scholarships that help you reduce your financial burden and study in the US for an MBA
| University of Arkansas International Scholarships | Illinois State University Scholarships |
| Cornell University Tata Scholarship | Yale University Scholarships |
| New York University Wagner International Scholarships | Oregon State University Scholarships |
| Tuck School of Business- Need-based and Merit-based Scholarships | ScholSloan School of Management – fellowships and assistantships |
| The Robert S. Kaplan Fellowship | Meyer Feldberg Distinguished Fellowship Program |
| Columbia University Scholarships | The University of Minnesota Fellowship |
| NYU Stern School Of Business – William R. Berkley Scholarships in US | Kellogs Full-time MBA Scholarships |
| Edward J. DeBartolo, Sr. Graduate Scholarships by International Council of Shopping Centers Foundation | Horace W. Goldsmith Fellowship |
MBA Scholarships in Canada, UK, & Australia
Apart from the USA, consider universities in Canada, the UK, and Australia in your search. Here are some handpicked options for you.
| MBA Scholarships in Canada | MBA Scholarships in the UK | MBA Scholarships in Australia |
|---|---|---|
| Hani Zeini Scholarship | GREAT Scholarships | Monash MBA International Women in Leadership Scholarship |
| Alberta MBA Scholarships | Chevening Scholarship | ANU College of Business and Economics India Excellence Scholarship |
| Rotman School of Management Scholarships | Commonwealth Masters Scholarship | India International Excellence Scholarship, the University of Newcastle |
| Ontario Graduate Scholarship | Felix Scholarships | UOW Postgraduate Academic Excellence Scholarship |
| Haskayne School of Business MBA Entrance Scholarships | Oxford India Centre Scholarship | South Asia Business and Law Scholarships |
| Schulich School of Business Scholarships | University of East Anglia Scholarships | MBA (Intensive) International Prestige Scholarships |
| Go Clean Scholarship | The Oxford and Cambridge Society of India Scholarships-University of Cambridge | Adelaide MBA Scholarship |
| The University of Waterloo Graduate Scholarship | Scotland’s Saltire Scholarships | Kraft Heinz Scholarship |
| Sauder School of Business Entrance Scholarship | Edward J. DeBartolo, Sr. Graduate Scholarships by International Council of Shopping Centers Foundation | MBS Scholarships |
| Ivey MBA Scholarships | The Financial Sumo Educational Scholarship Program | AGSM Global Reach Scholarship and AGSM Excellence Scholarship |
No doubt – an MBA degree abroad will elevate your career goals and boost your professional opportunities. Scholarships help you leap over the financial barriers and let you study peacefully.
But what if your scholarship chances are minimal? Learn about alternate financing options abroad, such as education loans, and explore the different options with minimal interest rates with us.
All begins with our experts evaluating your profile. Empower your academic journey with information and guidance from abroad experts. Check the link here to access expert guidance for your dream study abroad
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Frequently Asked Questions
How can I get a scholarship for an MBA abroad?
You can get an MBA scholarship abroad if you have excellent academic records, GMAT scores, and relevant extracurricular involvements. Generally, a GMAT score of 600+ is required for scholarships.
Can I get a 100% MBA scholarship abroad?
Yes, you can. Many MBA scholarships abroad cover 100% of your tuition fee and give you a monthly stipend. Refer to the blog and book a session with our expert counselor to learn more about MBA scholarships abroad.
Can I study MBA abroad for free?
There is no 100% free study for MBA abroad. However, if you win a fully-funded scholarship, it will help you cover the tuition fee and a significant portion of your living costs.
What is the age limit for MBA scholarships abroad?
The age limit varies for different MBA scholarships abroad. Generally, age under 30 years is considered for many scholarships.
Is an MBA abroad very expensive?
Yes, an MBA abroad is more expensive than in India. You need to pay a hefty tuition fee and find finances for living costs too. Luckily, there are scholarships and education loan options you can explore to meet the expenses.
