Fully Funded MBA Scholarships For International Students In USA
Are you ready to take your career to the next level? If yes, then you’re probably on this page because you’re searching for fully funded MBA scholarships for international students in USA. Bravo! You are in the right place. Yeah, you heard me right! On this page, I will help you get the recent fully-funded MBA scholarships from top universities in the United States.
Your search for scholarship programs ends here. So relax, get a cup of coffee, and read on to discover these scholarship opportunities for international students.
Are you ready for it? Let’s get right into it!
Now, before I take you through the top universities offering fully funded MBA scholarships for international students in USA, I want to answer a few questions many students have about MBA scholarships.
How Can I Get Full Scholarship For MBA In USA?
Most people ask, “how can I get fully funded MBA scholarships for international students in USA?” We all know that getting an MBA degree in the United States can cost many dollars. And if you don’t have funds for it, the best way is to get a loan. That one, too, comes with high-interest rates, which will take you several years to pay back.
So will you do, then?
The best compelling way is to get supported by other organizations or institutions through an MBA scholarship. Some universities offer MBA scholarships ranging from $5000 to Free-Ride or Full-Tuition. And if you’re wondering how to get one of these fully funded MBA scholarships for international students in USA, this post is for you.
As I already stated, this post will highlight the top 10 universities in the United States offering an MBA scholarship for the 2023/2024 session.
You will get everything you need to know about applying for MBA scholarships in the US and the list of available universities currently accepting admissions.
However, before we get to that, let’s discuss the cost of an MBA degree in the United States so you’ll know the value of getting a scholarship.
How Much Does It Cost To Study An MBA In USA?
The cost of an MBA degree varies depending on the university you’re applying to. Some colleges have higher tuition fees than others. And one thing you should know is that there are different types of MBA degree programs in the United States.
For instance, we have an online MBA program and the campus-based MBA program. The online MBA degree program costs less compared to the campus one.
Again, the program’s duration plays a vital role in the tuition process. According to reports, the average tuition fee for an MBA degree is around %50 000 to $60 000 per year. This figure doesn’t include your living and educational expenses for the program.
And this will lead us to the cost of living expenses in the United States:
Costs Of Living In The US As An International Student
The living costs in the United States for international students are high compared to other countries. However, you cannot take away from the US the credit for academic accomplishment.
Although the cost of living is high, it worth your investment. The average cost of living in the USA is around $1,000 – $2,000/month.
The leading expenses in the United are accommodation and food. You can cut the cost of accommodation by paying for a dormitory or apartment. And sometimes, the location and the university you enroll in significantly affect how much you will spend on your MBA degree.
Again, as a student, you need to cook at home to cut down on expenses. As already discussed, the cost of your MBA degree in the US will be worth your money. So if you’re ready, go hard for it!
Different Types Of MBA Courses In The USA For MBA Students
We have different types of MBA courses in every college in the United States. Each program has its requirements and application procedures. Let’s see the various MBA programs in the United States:
1. Full-time MBA program ($60,000 – $70,000/year)
This is the standard MBA program for campus-based students in the US. The duration is usually 2 years, with an estimated tuition fee ranges from $60,000 – $70,000/year.
2. Part-time MBA program ($20,000 – $70,000/year)
A part-time MBA program, usually evening or weekend schedule, is best for busy students who combine education with their full-time job.
When applying for fully funded MBA scholarships for international students in USA, consider which session to choose. The fee structure for a part-time MBA program ranges from $20,000 – $70,000/year.
3. Online MBA program ($1,500 – $3,000/per credit)
With an online MBA, you can study from home or anywhere via the internet. In the USA, many universities provide online MBA courses and degrees. Studying online from home is the most flexible way to advance your career.
4. Executive MBA program ($80,000 – $200,000 for a 2 year course)
In the USA, executive MBA programs are created specifically for managers who want to improve their managerial skills and stand out from the crowd.
There are more MBA programs available, including accelerated and hybrid programs. Visit their official websites to learn more about each college’s specific courses.
4 MBA Scholarships For International Students In USA 2023
Here are the lists of 4 ongoing MBA scholarships for international students in the USA 2023 to apply for if you want to study overseas.
1. NYU Stern School Of Business – William R. Berkley Scholarships In US, 2023/2024
Established in 2013, The William R. Berkley Scholarship Program supports exceptional college seniors who wish to pursue their MBA full-time at NYU Stern as part of the NYU x NYU / Stern program.
Students offered admission into the NYU x NYU / Stern program will automatically receive a $10,000 Early Advancement Award to be applied to their Full-time MBA tuition upon enrolling at NYU Stern.
Admitted students will also be eligible for consideration of other NYU Stern scholarships, including a specially designated one-year Berkley Early Advancement Fellowship covering full tuition and fees in the year they enrol at Stern.
The NYU x NYU / Stern program and this scholarship are only available for candidates pursuing the two-year Full-time MBA.
Eligibility
To be eligible to apply to the NYU x NYU / Stern program, you must:
- Be in your final year of undergraduate study at the NYU College of Arts and Science, Tandon School of Engineering, Global Liberal Studies, Stern School of Business, or Steinhardt School of Culture, Education, and Human Development.
- Students applying in their final semester before their degree conferral should have a cumulative GPA of 3.50 or higher at the time of applying.
- Be in good standing with NYU.
Deadline: Ongoing
How To Apply: Interested and qualified applicants should kindly visit NYU official website to apply for the scholarship.
2. Harvard University MBA Scholarship
The Harvard MBA is one of the world’s leading business programes, taught at one of the world’s most prestigious Universities. The Boustany MBA Harvard Scholarship is granted once every two years for a two-year course at Harvard Business School.
The Scholarship offers the following:
• Financial aid amounting to 75% of the tuition fees
• Travel and accommodation expenses related to the internship.
The next Scholarship will be awarded for the class commencing Autumn 2023.
Eligibility
Candidates must have an excellent academic background and show considerable promise. Although the Scholarship can be awarded to candidates of any nation, priority will be given to candidates of Lebanese descent.
Candidates may apply for the Scholarship only after receiving an offer of admission from the Harvard MBA programe.
Deadline: The last date to apply for Harvard University – MBA Scholarships in the US, 2023 is 31st May 2023.
How To Apply: If you wish to apply, please send a copy of your curriculum vitae with a photograph, GMAT scores and acceptance letter from the University to: admissions@boustany-foundation.org. If shortlisted, you may be invited to an interview with the Foundation.
3. Cambridge University MBA Scholarship
The Cambridge MBA is one of the world’s leading business programs, taught at one of the world’s most prestigious universities. Scholarship recipients become members of Pembroke College, the third oldest and one of the most highly regarded colleges.
The Boustany MBA Cambridge Scholarship is granted once every two years for a one-year course at Cambridge University, Judge Business School.
The Scholarship offers the following:
• Financial aid amounting to 75% of the tuition fees
• Travel and accommodation expenses related to the internship.
The next Scholarship will be awarded for the class commencing Autumn 2023.
Eligibility
Candidates must have an excellent academic background and show considerable promise. Although the Scholarship can be awarded to candidates of any nation, priority will be given to candidates of Lebanese descent.
Candidates may apply for the Scholarship only after receiving an offer of admission from the Cambridge MBA programe.
Deadline: The last date to apply for Cambridge University MBA Scholarship – MBA Scholarships in the US, is 15th May 2023.
How To Apply: If you wish to apply, please send a copy of your curriculum vitae with a photograph, GMAT scores and acceptance letter from the University to: admissions@boustany-foundation.org
If shortlisted, you may be invited to an interview with the Foundation. One candidate will then be awarded the Scholarship.
4. Adelphi University Global MBA Scholarship 2023
In the Global MBA program, you’ll get the rigorous preparation you need to get ahead in your career and be at the forefront of defining the future of international business.
Global MBA develops ethical, effective leaders with an international, cross-cultural perspective.
Its professors are industry leaders and provide an ideal learning experience within Global MBA classrooms and outside, among the international businesses headquartered in New York City.
Global MBA provides professional networking and career development opportunities through corporate internships and mentorships—opportunities that can change your life personally and professionally.
Deadline: Ongoing
How To Apply: Interested and qualified applicants should kindly visit Adelphi University Global MBA to apply for the scholarship.