Scholarships for MBA students | ZDNet

Many students take out loans to enjoy the benefits of a master's degree. The master of business administration (MBA) is one of the most popular degrees. In June 2022, Payscale reported an average salary of $92,000 for MBA graduates. 

However, the total national student loan debt continues to increase each year. According to the ການລິເລີ່ມຂໍ້ມູນການສຶກສາ, over half of master's degree holders owe an average of $70,000. 

Individuals can enjoy that lucrative salary without substantial student debt. Other financial aid options exist — like scholarships. 

Start your scholarship search with our lists below. You can explore academic, identity, and need-based MBA scholarships. Though the 2022 deadlines for some have passed, we chose popular programs likely to open for new applicants in 2023.

For extra financial aid resources, check your state government's website. You can also consider ການຊ່ວຍເຫລືອຂອງລັດຖະບານກາງ or ເງິນທຶນທົ່ວໄປ. 

General MBA scholarships

The most common MBA scholarships include need and merit-based awards. Some options below require a specific MBA concentration. Other scholarship programs accept applicants from various degree programs.  

ເບິ່ງ: ຂ້ອຍຄວນໄດ້ຮັບ MBA ຫຍັງ? ການເລືອກຄວາມເຂັ້ມຂົ້ນຂອງ MBA ຂອງທ່ານ

Association of Certified Fraud Examiners Ritchie-Jennings Memorial Scholarship

ຈໍານວນເງິນ: $ 1,000- $ 10,000
ມື້​ກໍາ​ນົດ​ສົ່ງ: February 6, 2023 (application opens September 15, 2022)
ຂໍ້ຈຳກັດການມີສິດ: Full-time graduate student studying business administration, criminal justice, finance, or accounting; taking at least six credit hours; enrolled through 2024; interested in an anti-fraud career

ກ່ຽວກັບ: Applicants must show interest in fraud examination. They can share career goals, extracurricular activities, or fraud-related interests. Students submit transcripts and recommendation letters with the online application.

Apply now

Association of Insurance Compliance Professionals (AICP) scholarships 

ຈໍານວນເງິນ: $2,000
ມື້​ກໍາ​ນົດ​ສົ່ງ: ມິ​ຖຸ​ນາ 2023
ຂໍ້ຈຳກັດການມີສິດ: Undergraduate/graduate student with a declared major in risk management, finance, economics, management, actuarial science, math, statistics, or business; 3.0 minimum GPA; completed two years of full-time college coursework

ກ່ຽວກັບ: The AICP requests transcripts and a recommendation letter. Applicants must also write about their plans in the insurance field. Other application materials include a description of extracurricular and academic achievements. 

Apply now 

Government Finance Officers Association (GFOA) Goldberg-Miller Public Finance Scholarship 

ຈໍານວນເງິນ: $20,000 
ມື້​ກໍາ​ນົດ​ສົ່ງ: Application opens fall 2022
ຂໍ້ຈຳກັດການມີສິດ: Full-time graduate student; plans to pursue a career in local or state government finance

ກ່ຽວກັບ: Applicants submit recommendation letters and transcripts. They must show a connection between their studies and a future in government finance.

Apply now 

GFOA Government Finance Professional Development Scholarship 

ຈໍານວນເງິນ: $10,000
ມື້​ກໍາ​ນົດ​ສົ່ງ: Application opens fall 2022
ຂໍ້ຈຳກັດການມີສິດ: Part-time graduate student studying business administration, finance, accounting, economics, or public administration; focused on government; two years of work experience with the local or state government

ກ່ຽວກັບ: GFOA awards four scholarships. Students must show transcripts and proof of work experience. They should submit recommendation letters from an employer and someone who can confirm their commitment to the public sector.

Apply now 

Mary Elizabeth Lockwood Beneventi MBA Scholarship 

ຈໍານວນເງິນ: $2,000
ມື້​ກໍາ​ນົດ​ສົ່ງ: ມັງກອນ 31, 2023
ຂໍ້ຈຳກັດການມີສິດ: Full-time MBA student; 3.25 minimum GPA

ກ່ຽວກັບ: Students complete an online application form through the National Society Daughters of the American Revolution. While not required, applicants can include GRE scores with their transcripts. The scholarship is a one-time award, but recipients can reapply each year.

Apply now 

Identity-based MBA scholarships

Many scholarships serve students with a particular identity. The following list includes identity-based scholarships that benefit specific groups. 

Association of Latino Professionals for America (ALPFA) scholarships

ຈໍານວນເງິນ: ແຕກຕ່າງກັນ
ມື້​ກໍາ​ນົດ​ສົ່ງ: ອາດ​ຈະ 2023
ຂໍ້ຈຳກັດການມີສິດ: ALPFA premium member; full-time undergraduate/graduate student; 3.0 minimum GPA; any major

ກ່ຽວກັບ: ALPFA scholarships amount vary. Donors include Bank of America and Deloitte. Applicants must submit an online application and essays. Scholarships sponsored by individuals may require extra application materials.

Apply now 

The Consortium fellowship

ຈໍານວນເງິນ: ຄ່າຮຽນເຕັມແລະຄ່າທໍານຽມ
ມື້​ກໍາ​ນົດ​ສົ່ງ: October 15, 2022 (early application); January 5, 2023 (traditional application)
ຂໍ້ຈຳກັດການມີສິດ: U.S. citizens with a four-year bachelor's degree; any race or ethnicity, but committed to increasing representation of Native Americans, African Americans, and Hispanic Americans in MBA degrees and management positions

ກ່ຽວກັບ: The Consortium allows students to apply to six MBA programs at once. Upon acceptance, The Consortium considers applicants for membership and full tuition benefits. 

Apply now 

GFOA Minorities in Government Finance Scholarship 

ຈໍານວນເງິນ: $10,000
ມື້​ກໍາ​ນົດ​ສົ່ງ: Application opens fall 2022
ຂໍ້ຈຳກັດການມີສິດ: Minority student studying business administration, accounting, public administration, political science, finance, or economics; focused on nonprofit or government management

ກ່ຽວກັບ: Applicants must submit transcripts showing excellent academic performance. They also need a recommendation letter that proves their commitment to public government.

Apply now 

Military MBA Merit Scholarship

ຈໍານວນເງິນ: $20,000
ມື້​ກໍາ​ນົດ​ສົ່ງ: ມິຖຸນາ 30, 2022
ຂໍ້ຈຳກັດການມີສິດ: U.S. resident who has served in the military; has a bachelor's degree; attending member school; pursuing graduate business degree 

ກ່ຽວກັບ: Applicants fill out an online application and write three short essays. They submit transcripts and two recommendation letters from the military. 

Apply now 

National Black MBA Association (NBMBAA) Graduate Scholarship Program

ຈໍານວນເງິນ: ສູງສຸດ $ 5,000
ມື້​ກໍາ​ນົດ​ສົ່ງ: ອາດ 15, 2022
ຂໍ້ຈຳກັດການມີສິດ: Financially active NBMBAA member; full-time MBA student; 3.0 minimum GPA; participates in community service

ກ່ຽວກັບ: The NBMBAA looks for candidates with leadership potential who serve their communities. Applicants must prove academic excellence. They submit an online application, resume, and essay.

Apply now 

PPG Foundation scholarship through the NBMBAA 

ຈໍານວນເງິນ: $9,000
ມື້​ກໍາ​ນົດ​ສົ່ງ: ເດືອນກໍລະກົດ 31, 2022
ຂໍ້ຈຳກັດການມີສິດ: Active NBMBAA member; 3.0 minimum GPA; full-time master's degree student; MBA concentration in supply chain management or data science; active in the community

ກ່ຽວກັບ: PPG awards two scholarships to students. Recipients demonstrate academic excellence and community involvement. Students complete an online application. They must show their experience with data science or supply chain management.

Apply now 

Reaching Out MBA LGBTQ fellowship 

ຈໍານວນເງິນ: $20,000; free registration for Reaching Out and professional development events
ມື້​ກໍາ​ນົດ​ສົ່ງ: ແຕກຕ່າງກັນ
ຂໍ້ຈຳກັດການມີສິດ: LGBTQ+ individuals and allies; attending or planning to attend a ROMBA Fellowship school; MBA students or candidates

ກ່ຽວກັບ: Students must be nominated by their school. While they cannot apply directly, they can fill out an online form expressing interest in becoming a fellow. Individuals must show academic excellence and passion for leading the LGBTQ+ community.

Apply now 

ທຶນການສຶກສາ MBA ສໍາລັບແມ່ຍິງ

ພຽງແຕ່ 7.4% ຂອງ Fortune 1000 companies have female CEOs. Several organizations aim to increase female presence in business by offering identity-based MBA scholarships specifically for women. 

American Association of University Women (AAUW) focus professions group fellowships 

ຈໍານວນເງິນ: $ 5,000- $ 18,000
ມື້​ກໍາ​ນົດ​ສົ່ງ: December 1, 2022 (application opens August 1, 2022)
ຂໍ້ຈຳກັດການມີສິດ: Woman of color pursuing an MBA, law degree, or doctorate in medicine; full-time student; identifies as Black/African American, Native American/Alaska Native, Asian American/Pacific Islander, or Latina

ກ່ຽວກັບ: Applicants must prove academic excellence and financial need. They submit a proposal explaining why they want to pursue their degree and how they will use it to advance women. AAUW also requests transcripts and recommendation letters. 

Apply now 

Forté MBA fellowships

ຈໍານວນເງິນ: ແຕກຕ່າງກັນ
ມື້​ກໍາ​ນົດ​ສົ່ງ: ແຕກຕ່າງກັນ
ຂໍ້ຈຳກັດການມີສິດ: Woman MBA degree candidate; studying at a partner school; committed to advancing women; exceptional leadership skills  

ກ່ຽວກັບ: The partner institutions select Forté fellows. Recipients enjoy conferences, mentoring, and networking opportunities. Each fellow must act as a Forté ambassador at her school and promote the advancement of women in business. 

Apply now

Zonta International Jane M. Klausman Women in Business Scholarship

ຈໍານວນເງິນ: $5,000
ມື້​ກໍາ​ນົດ​ສົ່ງ: Varies — generally between April and June
ຂໍ້ຈຳກັດການມີສິດ: Woman studying a business program with an approved specialization; undergraduate (no first-year applicants) or graduate student; studies or lives in a Zonta district/region

ກ່ຽວກັບ: Students apply directly through their local Zonta club. Each club then nominates one candidate for the 37 available international scholarships. 

Apply now 

MBA scholarships for international students

As an international MBA student, you can apply for various scholarships through governmental agencies or corporations. The following options offer full or partial funding. 

Keep in mind that some scholarships have residential restrictions.

Aga Khan Development Network (AKDN) International Scholarship Program

ຈໍານວນເງິນ: Tuition and living expenses (50% grant, 50% loan)
ມື້​ກໍາ​ນົດ​ສົ່ງ: March 2023 (exact dates vary by country); application opens January 2023
ຂໍ້ຈຳກັດການມີສິດ: Nationals of Afghanistan, Bangladesh, Egypt, India, Kenya, Kyrgyzstan, Madagascar, Mozambique, Pakistan, Syria, Tajikistan, Tanzania, or Uganda; academic excellence

ກ່ຽວກັບ: Applicants must show potential for success in a foreign program. They also submit their career goals. Students' plans and studies should align with one of AKDN's focus areas. Two examples include financial inclusion and enterprise development.

Apply now

Fulbright foreign student program

ຈໍານວນເງິນ: ແຕກຕ່າງກັນ
ມື້​ກໍາ​ນົດ​ສົ່ງ: ແຕກຕ່າງກັນ
ຂໍ້ຈຳກັດການມີສິດ: ແຕກຕ່າງກັນ

ກ່ຽວກັບ: Each country manages the Fulbright scholarship differently. Students select their country on the Fulbright website for application details. In some countries, the application is available through the U.S. embassy website.

Apply now 

READ THIS: Is an MBA worth it?

MPOWER MBA scholarship

ຈໍານວນເງິນ: $ 2,000 ຫະລື $ 10,000
ມື້​ກໍາ​ນົດ​ສົ່ງ: ເດືອນກໍລະກົດ 15, 2022
ຂໍ້ຈຳກັດການມີສິດ: Full-time MBA student at an MPOWER partner school; has valid U.S. visa or is a DACA recipient; not a U.S. citizen

ກ່ຽວກັບ: International students complete a simple online application. They write one essay about their career goals. MPOWER looks for budding leaders and entrepreneurs with mastery of English. 

Apply now

Onsi Sawiris scholarship program from Orascom Construction

ຈໍານວນເງິນ: Full tuition, travel, living expenses, health insurance, and materials
ມື້​ກໍາ​ນົດ​ສົ່ງ: ເດືອນກໍລະກົດ 31, 2022
ຂໍ້ຈຳກັດການມີສິດ: Potential Egyptian graduate student at approved U.S. university; studying business administration, construction management, or engineering; 3 years minimum work experience; 650 minimum GMAT score; 100 minimum TOEFL iBT score; 3.5 minimum GPA

ກ່ຽວກັບ: Orascom Construction looks for candidates who have not spent an extended time abroad and who wish to return to Egypt. Applicants submit test scores, recommendation letters, and a resume. 

Apply now 

Philanthropic Educational Organization (PEO) International Peace Scholarship 

ຈໍານວນເງິນ: ສູງສຸດ $ 12,500
ມື້​ກໍາ​ນົດ​ສົ່ງ: March 1, 2023 (enrolled graduate students); April 1, 2023 (students not yet enrolled)
ຂໍ້ຈຳກັດການມີສິດ: Woman from outside the U.S. and Canada looking to study within the U.S. or Canada; has at least one year left of study

ກ່ຽວກັບ: The PEO determines scholarship amount based on financial need. Students should include proof of financial need. They must also show how they will use their education to promote global peace.

Apply now

ໃນການສະຫລຸບ

An MBA may open doors to lucrative management and executive positions. If you wish to enjoy the benefits of an MBA without significant debt, consider the MBA scholarships above. 

Review the eligibility requirements and select the scholarships that suit you. Start your applications early. Ensure you have all the necessary materials, including recommendation letters and essays.