The list of MBA Scholarships for Indian students in US: An MBA degree from a reputed international educational institute surely give you a leverage. It may assist you in becoming a professional executive in your chosen sector by providing you with the essential skills and exposure. But to do so a huge sum of money need to be spent, due to which, many students with excellent academics had to step back from pursuing their dreams.
There are many scholarships, mostly merit-based, which help students by providing monetary assistance to pursue their dream. In this article we will introduce you to such a few top most scholarships for Indian students who want to study MBA in US.
i) Harvard University-Boustany Foundation MBA Scholarship – The selected candidate will get a funding of USD 95,000, i.e. USD 47, 500 (34,26,300 INR approx.) along with accommodation and travel allowances for an internship at Boustany Foundation. The applocants must have higher GMAT score along with excellent academic background. Acceptance Letter from the University and Photographs are essential while applying for the scholarship.
ii) University of Chicago- Booth School of Business – This scholarship provides up to full annual tuition fee for incoming students in Chicago Booth School of Business. The school currently ranks #3 in its MBA program.
iii) International Council of Shopping Centers Foundation — Edward J. DeBartolo, Sr. Graduate Scholarships – The foundation awards scholarships to students with at least 3 GPA with full time MBA enrollment in the upcoming academic year at an accredited university. It provides a total sum of $10,000 (INR 7,46,419).
iv) Social Impact Fellowships – Provided by the Wharton School of Business, aspirants for this scholarship need to showcase their leadership in the public and non-profit sectors.It offers undergraduate and graduate students the opportunity to enhance their operation, leadership, and strategic skills and make a positive impact on their work. Students applying for the program are automatically considered for this scholarship, there is no formal application procedure for applying to this fellowship.
v) Emerging Economy Fellowships – The Wharton School of Business has designed this scholarship specifically for the aspirants of emerging economies. It covers both the years of the course. Those who got admitted to Wharton are automatically considered for this fellowship.
vi) Scholarships by Tuck School of Business (Dartmouth College) – International students can apply for need-based and merit-based MBA scholarships at the Tuck School of Business. The scholarship value can range from $5,000 to full tuition, and candidates are notified of their scholarship status at the time of enrollment.Aspirants should apply for the Tuck School of Business Scholarships before the deadline.In order to be considered for this grant, applicants must also write a brief biographical essay.Tuck’s Nonprofit Fellowship programme provides financial assistance and mentoring to TUCK alumni who work in the public sector or nonprofit sector. The fellowship can be used to reimburse the loans for recipients of this scholarship.
Also read: Scholarships for studying abroad by Indian government after 12th
vii) Scholarships by Kellogg School of Management – Kellogg School of Management provides merit-based MBA USA scholarships at the time of admission.They provide Diversity Scholarships to meritorious students who showed leadership skills, academic excellence, and career advancement with a motive of increasing the diversity of the Kellogg’s students.
Donald P. Jacobs International Scholarships are awarded to students who wish to pursue MMM and two-year programs.
Viii) Scholarships by Harvard Business School – Harvard Business School provides Robert S. Kaplan Life Sciences Fellowship to 10 students who can showcase extraordinary performance in life sciences.The scholarship amount values $20,000. Students who want to work in science-related enterprises or organisations can apply for this fellowship.
Horace W. Goldsmith Fellowship provides $10,000 to up to 10 students who wish to work in the nonprofit sector. Students who have worked full-time in the non-profit sector before are eligible for this fellowship.
HBS Fellowship Programs are need-based fellowships to students who got admit and are in need of funds. As per Harvard, almost 50% of its class receives an average of around $32,000 per year through need-based HBS Fellowships
ix) Meyer Feldberg Distinguished Fellowship Program – This is provided by the Columbia Business School to selected students who showcase leadership and excellent academic skills. With this fellowship, students are given full tuition and membership of the group of Feldberg fellows. The fellows must have a distinguished record in finance, entrepreneurship, and social enterprise.
x) Scholarships by Sloan School of Management – Sloan School of Management provides McKinsey Award to 4 first-year students irrespective of their professional background.The recipients are selected by the committee based on their admission application and interviews.
Also read: Cambridge University Scholarships for Indian Students
Master’s Fellowship, amount ranges from $5000 to full tuition, is to increase the diversity of the class, so, it is open to all the students irrespective of their backgrounds. All students are eligible for this scholarship.