Scholarships for MBA Abroad

Table of Contents

1. Top MBA scholarships abroad
2. MBA abroad scholarships for Indian students
3. MBA Scholarships in the USA
4. MBA Scholarships in Canada, UK, & Australia
5. Frequently asked questions

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.

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

Know more about the Go Global MBA Scholarship

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

Know more about the INSEAD Deepak and Sunita Gupta Endowed Scholarship

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

Know more about the Harvard University-Boustany Foundation MBA Scholarship

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

Know more about the UWE Bristol MBA Scholarship

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

Know more about the Oxford Pershing Square Scholarship

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

Know more about the Weidenfeld-Hoffman Scholarship and Leadership

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

Know more about the University of Chicago Scholarships

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

Know more about the Edward J. DeBartolo, Sr. Graduate Scholarships

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 student
• Show academic excellence and involvement in extracurricular activities

Know more about the Narotam Sekhsaria Foundation Scholarship

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

Know more about the National Overseas Scholarship

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

Know more about the Aga Khan Scholarships

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

Know more about the KC Mahindra Scholarships

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:

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	BrokerFish International Student Scholarship	Kraft Heinz Scholarship
Sauder School of Business Entrance Scholarship	Scotland’s Saltire Scholarships	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. 

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.