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Top Business Schools With Scholarships in 2024

Business schools that offer scholarships are not inexpensive. In comparison, an MBA from a top business school will cost at least 50% more than a master’s degree.

Many students finance their MBAs through student loans, personal savings, or scholarships. However, earning a full scholarship to prominent business schools is uncommon.

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This blog highlights the top business schools with scholarships that open up limitless possibilities, inspiring people to fulfill their full potential as future business leaders.

ALSO READ 10 Popular International Scholarship for Medical Students

Business Schools With Scholarships

1. MBA at Said Business School, University of Oxford

The Saïd Business School Foundation partners with the Weidenfeld-Hoffmann Trust to offer financial packages to MBA scholars.

The Weidenfeld-Hoffmann Scholarships and Leadership Program, managed by the Weidenfeld-Hoffmann Trust, prepares future leaders.

It offers fully funded scholarships to students from low-income and emerging economies, as well as a comprehensive leadership development course, ongoing mentorship, and networking opportunities.

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Eligibility criteria

  • You must be applying to start a new graduate program at Oxford.
  • Once you have completed your course, you should plan to return to your native country. Students currently enrolled at Oxford are ineligible to apply, unless they are already Weidenfeld-Hoffmann’s students.
  • You should be able to demonstrate a link between your subject of study and your long-term career aspirations, saying how you see your professional activity contributing to the progress of public life in your native country or on a broader regional or worldwide scale.

The characteristics stated above will be considered during the selection process, which will entail assessing your graduate application form, Weidenfeld-Hoffmann Scholarships Statement, and (if applicable) interview.

This Business Schools With Scholarships does not accept applications from persons who have received delayed offers to start in 2024–25.

Benefits

  • Fully sponsored course.
  • A grant for living costs at least £17,668 (16,03,439 INR).
  • A thorough program for leadership development
  • Long-term mentoring and networking.

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How can I apply?

By the deadline, candidates must submit a complete MBA application.

Submit the Weidenfeld-Hoffmann Scholarship Statement form.

Check the ‘Weidenfeld-Hoffmann Scholarships and Leadership Programme’ box in the ‘Funding’ section of the program application.

For further information, please visit here.

2. The Laidlaw Scholarships

The Laidlaw Scholarships are designed to persuade exceptional women with obvious leadership potential to participate in the Oxford MBA program who might not otherwise have done so owing to financial restrictions.

Recipients are exceptional individuals who are passionate about gender equality and have shown a dedication to advancing change in their field.

Scholars have access to a variety of on-campus activities, preferred seating at school events, and the ability to join an elite club and network.

Eligibility criteria

Open to female candidates.

Benefits

The scholarship value varies from £31,000 (28,13,369 INR) to the entire MBA degree expenditure.

How can I apply?

Along with the completed MBA application, you must complete the scholarship application included in the ‘Laidlaw’ section of the application. Female candidates will be allowed to access this part.

The scholarship application includes a financial need assessment and an essay portion. You must complete both sections.

The Selection Process

Each stage of the MBA admissions process will include an evaluation of scholarship applications.

After admissions decisions are made, you will be advised of the status of your scholarship application and whether you have been selected.

Candidates should anticipate getting interview invites in early May, after the final shortlisting is completed in late March.

For further information, please visit here.

3. Oxford-Pershing Square Graduate Scholarships.

The Oxford-Pershing Square Graduate Scholarships, which began in 2014, offer up to six full scholarships for master’s and MBA degrees.

Aside from the MBA program, students can earn any of the 1+1 MBA partnership degrees.

The recipients are extraordinary individuals who have shown the ability and commitment to address global societal concerns.

Eligibility Criteria

  • You will be ranked in order of priority for the scholarship.
  • New applicants to the Oxford 1+1 MBA programs.
  • Before beginning the selection process, you must have been admitted to both the 1+1 MBA partnership program and the MBA.
  • If you apply for any full-time, one-year Master’s degree that is not already on the official list of 1+1 MBA partnering programs and the MBA (as a separate application),

Benefits

  • Completely sponsored course.
  • A living expense allowance of at least £17,668 (16,03,439 INR) per year for two years of study.

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How can I apply?

To be considered, the scholarship essay must be submitted by the deadline specified in the ‘Funding’ part of the 1+1 MBA program application.

Please respond to the following question in no more than 500 words.

The Selection Process

Degree results, GMAT or GRE scores, previous university honors and awards, and other academic achievements all reflect academic success.

Passion and experience both indicate leadership ability.

Strong moral ideals, commitment, and integrity.

Intend to devote your career to addressing global societal concerns, whether by founding a new company or working for an existing one.

The ability to foresee scalable, long-term solutions to complex problems.

Explain how the Oxford 1+1 MBA will help you achieve your goals.

For more information, go here.

4. London Business School Fund Scholarships

The London Business School Fund Scholarships are important awards awarded to outstanding students pursuing various degree programs at the London Business School.

These prizes are meant to honor and support students who have excelled academically, come from diverse backgrounds, and possess leadership potential.

Donors generously support them, allowing promising students to receive a world-class business education and become global business leaders.

Eligibility criteria

All successful MBA applicants must have good academic and professional credentials, as well as the ability to participate in all aspects of the MBA program.

How can I apply?

All nominees will be promptly considered for this award.

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Frequently Asked Questions (FAQs)

What are the MBA programs that provide 100% scholarships?

MBAs with full scholarships are graduate business programs offered by prestigious universities or business schools that cover tuition and other costs for qualified applicants.

These very competitive scholarships are frequently awarded based on academic performance, leadership potential, and other criteria.

How can I apply for an MBA with a 100% scholarship?

To apply for an MBA with a full scholarship, research and identify universities offering such scholarships.

Examine the eligibility requirements and application materials, which include academic records, recommendation letters, essays, and standardized test scores.

Create an eye-catching application that displays your accomplishments, leadership skills, and love for business.

Are these scholarships open to international students?

Yes, many colleges and business schools grant full scholarships to both domestic and international students.

However, availability and requirements may vary from one institution to another. It is crucial to review the special requirements for international candidates, as well as any additional documentation that may be required.

Are there any prerequisites or commitments associated with these scholarships?

Some MBA scholarships with full funding may require a minimum GPA, participation in specified extracurricular activities, or leadership in the school community.

Always check the scholarship terms and conditions to ensure that you understand any requirements associated with the award.

What other perks do these scholarships offer besides cash support?

MBAs with full scholarships usually feature extra incentives beyond tuition reimbursement.

These could include access to exclusive networking opportunities, mentorship programs, internships, and career services.

Scholars may also join a prestigious alumni network, which can lead to valuable business connections.

Conclusion

In conclusion, studying at a top business school with scholarships is an extraordinary and much sought-after opportunity for motivated individuals.

These business schools with scholarships not only recognize academic excellence and leadership potential but also allow students to pursue world-class business education without financial restraints.

Recipients are poised to become influential leaders with a long-term impact on the global economic landscape.

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