Savanna Hoffman
International students can access a range of MBA scholarships to help fund their studies. These scholarships are offered by various institutions and organizations worldwide, including universities, foundations, and governments. The scholarships can be merit-based, need-based, or both, and some are specifically for women or students from developing countries. International students may also be able to work part-time or on campus to supplement their scholarship and cover program costs. With careful research and applications, international students can find financial support to pursue their MBA dreams.
| Characteristics | Values |
|---|---|
| Number of scholarships | 344+ |
| Scholarship providers | MPOWER Financing, ScholarshipBob, ScholarshipBob, University College London, OnlineMBA.com, Educations.com, ScholarshipBob, WeMakeScholars.com, AMIDEAST, SP Jain School of Global Management, University of Birmingham, Forté Foundation, Aditya Birla Group, Ministry of Electronics and Information Technology India, Luiss Business School |
| Scholarship names | MBA Scholarships, Go Global MBA Scholarship, Stephen Young Global Leaders’ Scholarship Programme, Leventis Foundation Scholarships, King Fahd University Scholarships, Foreign Development Assistance, Higher Education Scholarship Test for Indian Students, Women Scholarships, Merit Scholarships, MBA Scholarships, Onsi Sawiris Scholarship, Forté Foundation MBA Fellowships, UGL Global Masters Scholarship |
| Scholarship amount | Up to $7,000 |
| Scholarship criteria | Need-based, merit-based, academic merit, financial need, leadership skills, diverse academic and professional background, commitment to the foundation's mission, low-income background, globally-minded leader in business, pursuing an MBA degree abroad, enrolled in a full-time MBA degree program at a U.S. or Canadian school, permitted to legally study in the U.S. or Canada, valid visa, protected under the Deferred Action for Childhood Arrivals (DACA), partial funding, full funding |
| Application deadline | 24th April 2026, 10 June 2025, 1 April 2025, 10 June 2025, 31 July 2025 |
| Application requirements | Completed application form, proof of acceptance into the university, application essay |
| Additional benefits | Opportunity to work part-time, work on campus, financial aid options such as grants, loans, and employer assistance |
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What You'll Learn
MBA scholarships for international students from developing countries
There are a significant number of MBA scholarships for international students from developing countries. These scholarships are offered by various organizations, including business schools, universities, and private companies, with the goal of promoting diversity, inclusion, and gender equality in business education. Here is a list of some notable MBA scholarships for international students from developing countries:
Go Global MBA Scholarship
The Go Global MBA Scholarship is designed to help students pursue an MBA degree abroad. It offers a scholarship of up to $7,000 for students starting their MBA in Fall 2026. The scholarship is open to applicants from any country, provided they are studying for an MBA degree at a university or business school outside of their home country. The application deadline for this scholarship is April 24, 2026.
MPOWER MBA Scholarship
MPOWER Financing offers scholarships of up to US$10,000 to international students pursuing an MBA at eligible schools in the US and Canada. MPOWER aims to support international students financially and provide them with opportunities to thrive in their chosen fields.
IMD MBA Scholarships
IMD Business School in Lausanne, Switzerland, offers a range of scholarship programs for international students, with a focus on women and students from developing countries. The scholarships range from CHF 10,000 to CHF 50,000, providing substantial support for those seeking an MBA at this prestigious institution.
INSEAD MBA Scholarships
INSEAD, with campuses in France and Singapore, offers a diverse range of scholarships, including need-based and merit-based awards. Their scholarships cater to students from developing countries, with amounts ranging from €10,000 to €40,000. INSEAD also has specific scholarships like the INSEAD Deepak and Sunita Gupta Endowed Scholarship, aimed at creating economic and social value in challenged regions.
HEC Paris MBA Scholarships
HEC Paris provides scholarships for students from developing countries, with awards ranging from €5,000 to €26,000. Additionally, they offer the Fondation Rainbow Bridge MBA Scholarship, which is specifically for women from Asian or African countries affected by natural disasters, drought, or famine. This scholarship is valued at €20,000.
SDA Bocconi MBA Scholarships
SDA Bocconi in Italy offers full and partial tuition waivers (50%-100%) for students from various regions, including Europe, Africa, Asia, and the Americas. Their scholarships are inclusive and provide opportunities for students from diverse backgrounds to pursue an MBA at their institution.
Country-Specific Scholarships
In addition to the above scholarships, there are also country-specific scholarships for students from developing countries. For example, the Saïd Foundation Scholarships are for Iraqi, Jordanian, Lebanese, Palestinian, and Syrian postgraduate students to study in the UK. The Swedish Institute Study Scholarships cover tuition fees and living costs for full-time master's students from developing countries. The Commonwealth Master's Scholarships are designed for students from developing countries within the Commonwealth to pursue a master's degree in the UK.
These are just a few examples of the many MBA scholarships available for international students from developing countries. Each scholarship will have its own eligibility criteria, application process, and deadlines, so it is important for prospective students to carefully review the requirements and submit their applications accordingly.
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Scholarships for women pursuing an MBA
International students can access MBA scholarships and other financial aid options to help cover the costs of their degrees. These options include scholarships, grants, loans, and employer assistance. Scholarships can be merit-based or need-based, while grants are typically awarded based on financial need.
There are several scholarships available specifically for women pursuing an MBA. These scholarships aim to increase the representation of women in business schools and leadership positions. Here are some examples of scholarships available for women pursuing an MBA:
Forté Foundation Fellowship
The Forté Foundation is dedicated to helping women advance in business through networking opportunities, mutual support, and scholarships. The foundation has provided over $226 million in scholarships to female MBA students studying at its 54 partner schools, including Harvard Business School, Wharton, Columbia Business School, HEC Paris, London Business School, and INSEAD. The Forté Foundation Fellowship is available to qualified women accepted into its affiliated business schools, with awards ranging from $10,000 to cover annual tuition costs.
The 30% Club Scholarship
The 30% Club is a worldwide initiative that promotes the inclusion of more women in senior management and boards of directors. The scholarship is offered in partnership with various business schools and covers up to 50% of tuition fees. Applicants must demonstrate leadership potential and a commitment to gender diversity.
INSEAD Scholarships
INSEAD offers several scholarship opportunities exclusively for women. The Groupe Galeries Lafayette Endowed Scholarship offers $12,000 awards to women who commit to serving customers regardless of social background or race. INSEAD also awards the Judith Connelly Delouvrier Endowed Scholarship, worth $15,000, to one female student in each MBA class based on merit. Additionally, the INSEAD Piet and Wina Van Waeyenberge Endowed Scholarship offers $15,700 to female engineers who successfully apply to the MBA program.
London Business School Scholarships
London Business School offers the AHEAD Scholarship (A Higher Education Advancing Diversity), a merit-based scholarship open to female MBA and Masters in finance applicants from developing economies. The award is worth $35,000. The school also offers the Carlsson Family Scholarship, worth $28,000, to women MBA candidates who demonstrate merit.
UCLA Anderson's MBA Program Scholarships
UCLA Anderson offers several scholarships for women accepted into its MBA program, including domestic and international students. The Foreign Peace Scholarship awards $10,000 per year to female foreign students based on academic potential, career achievements, and leadership potential.
These are just a few examples of the many scholarships available for women pursuing an MBA. It is important for women considering an MBA degree to explore the various scholarship opportunities that can provide financial assistance, increase diversity in MBA programs, and offer valuable networking opportunities.
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MBA scholarships for international students in the US
Scholarships are a great way to fund your MBA as an international student in the US. They can help you take on less debt, allowing you to concentrate on your academic programme without the added stress of tuition and living expenses.
Types of Scholarships
MBA scholarships can be either need-based or merit-based. Need-based scholarships are awarded to students who demonstrate financial need, while merit-based scholarships are awarded based on academic achievement or other criteria. There are also full scholarships that cover all tuition and fees, as well as smaller scholarships that can provide additional support.
Eligibility
Eligibility criteria for MBA scholarships vary. Some scholarships are need-based, while others are merit-based, and some may have specific requirements such as being a woman of colour pursuing an MBA, having a strong academic record, or being an aspiring entrepreneur. It is important to carefully review the eligibility criteria for each scholarship before applying.
Application Process
The application process for MBA scholarships can also vary. Some scholarships may require you to fill out an application form, submit an essay on an assigned topic, or provide additional materials such as bank statements and tax returns. It is important to submit a complete and accurate application to be considered for the scholarship.
Examples of Scholarships for International Students
- MPOWER MBA Scholarship: This scholarship is specifically for international and DACA students pursuing an MBA in the US. The first-place winner receives a $5,000 scholarship, with two additional winners receiving $2,000 and $1,000 scholarships.
- University scholarships: Many universities in the US offer scholarships specifically for international MBA students. These scholarships can be need-based, merit-based, or both, and may cover full or partial tuition fees.
- Governmental scholarships: These scholarships are offered by the US government or other governmental organizations to support international students pursuing an MBA in the country.
- Major-specific scholarships: Some scholarships are specific to the field of business or the specific MBA programme you are enrolled in. These scholarships may be offered by professional organizations, companies, or other entities with an interest in supporting education in a particular field.
- Privately-funded scholarships: There are also many privately-funded scholarships offered by individuals, companies, or organizations to support international MBA students. These scholarships may have varying eligibility criteria and application processes, so it is important to research and apply for the ones that are the best fit for your background and qualifications.
Other Financial Options
In addition to scholarships, there are other financial options available to international MBA students in the US. These include loans (federal and private), grants, work-study programmes, and employer assistance. It is recommended to research and explore these options to determine the best way to fund your MBA programme.
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MBA scholarships for international students in the UK
International students can get fully-funded MBA scholarships in the UK. These scholarships are offered by universities, business schools, private groups, and sometimes the government.
MBA scholarships in the UK are often competitive and challenging to obtain. Students usually need to provide academic records, letters of recommendation, and personal statements. Some of the most common types of MBA scholarships available in the UK include merit-based and need-based scholarships. Merit-based scholarships are awarded to students with exceptional academic performance, leadership experience, or community involvement. Need-based scholarships, on the other hand, are for students who require financial assistance and need help covering the costs of tuition and fees.
To increase your chances of getting an MBA scholarship in the UK, it is important to have good grades and relevant work experience. Showing a commitment to diversity and inclusivity can also strengthen your application.
- The University of Edinburgh Business School offers a range of MBA scholarships, including school-funded scholarships and those sponsored by industry and alumni.
- Said Business School, University of Oxford, offers the Skoll MBA Scholarship, a fully-funded scholarship for students with an affinity for social entrepreneurship who want to make a positive impact on the world.
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MBA scholarships for international students in Canada
Canada is known for its excellent education system and welcoming environment, making it a popular destination for international students seeking an MBA degree. However, the cost of tuition and living expenses can be a significant challenge for many. To address this issue, several Canadian universities offer scholarships specifically designed for international students pursuing an MBA. Here are some of the MBA scholarship options available for international students in Canada:
The University of Toronto's Rotman School of Management:
The Rotman School of Management at the University of Toronto is known for its high academic standards and offers various scholarships to overseas students pursuing an MBA. The school is also renowned for providing exposure to a diverse business environment in a growing economy.
UBC Sauder School of Business:
The UBC Sauder School of Business offers several scholarships and funding options for international MBA applicants. These include the Ruth P. Glenen MBA Entrance Award for Women, as well as awards for incoming MBA applicants who are members of underrepresented communities. Additionally, the school provides financial aid, support, and assistance options to international applicants.
The University of British Columbia's Sauder School of Business:
The Sauder School of Business, affiliated with the University of British Columbia, offers several scholarships for international students. These include the Regional Top Talent Scholarship, the Hari and Madhu Varshney MBA Entrance Scholarship, and the Dean's International Scholarship. The Regional Top Talent Scholarship is specifically for exceptional students from regions such as South and Latin America, Asia, Europe, Africa, and the Middle East.
Schulich School of Business at York University:
The Schulich School of Business is among the top business schools in Canada and offers several entrance-based and non-governmental scholarships for international students pursuing an MBA.
University of Alberta:
The Alberta Business School at the University of Alberta offers high-quality MBA education with a high employability rate. The university provides non-governmental Alberta Entrance Awards and the Alberta Graduate Excellence Scholarship for international students.
Ivey Business School at Western University:
Ivey Business School, located in London, Canada, offers scholarships for both Canadian and international students pursuing an MBA. The scholarships range from CAD 10,000 to CAD 65,000. Additionally, approximately 80% of incoming students receive an admission scholarship, with awards ranging from $10,000 to $70,000.
University of Manitoba:
The University of Manitoba offers the IGSES Scholarship for international students applying for a full-time MBA program. To be eligible, applicants must have a GPA of 3.5 or higher to recognize academic excellence. The scholarship provides financial support of CAD 6,000 annually.
University Canada West:
University Canada West offers the MBA Foundation Study Grant to domestic and international students demonstrating outstanding academic potential. This grant provides partial tuition fee coverage for the MBA program. Continuing students enrolled in the MBA program can also apply for the MBA Excellence Scholarship.
Ontario Graduate Scholarship (OGS) Program:
The OGS Program offers scholarships to both domestic and international students pursuing a graduate degree, including an MBA, at universities in the Ontario region of Canada. This merit-based scholarship provides financial assistance to exceptional students based on academic merit.
To increase your chances of securing an MBA scholarship in Canada, it is essential to maintain a strong academic record, obtain excellent GMAT/GRE scores, and showcase leadership and extracurricular achievements. Additionally, a well-written application essay highlighting your goals and aspirations can make a significant difference. Remember to research the specific eligibility criteria and application processes for each scholarship and university.
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Frequently asked questions
Yes, international students can get MBA scholarships. Many business schools in the U.S. and worldwide offer need-based and merit-based scholarships to qualifying candidates.
Here are some MBA scholarships for international students:
- Go Global MBA Scholarship
- MPOWER Financing MBA Scholarship
- Stephen Young Global Leaders’ Scholarship Programme (SYGL)
- Higher Education Scholarship Test for Indian Students (HEST)
- Women Scholarships at Luiss Business School
- Merit Scholarships at SP Jain School of Global Management
Aside from scholarships, international MBA students can consider the following financial aid options:
- Grants
- Federal loans
- Private loans
- Work-study
- Employer assistance
