Top 25 Best MBA Graduate Scholarships
Students looking to earn their Master of Business Administration degree, or MBA, know that the program can be costly and working full time while in graduate school can be challenging. However, scholarships can help alleviate the financial burden of graduate school and allow students to focus their time and efforts on achieving their educational and eventually career goals. Most scholarships are available to specific students based on degree program, age, gender, industry, race, income, or other factors. Here, the dirty work is done for you: these 25 scholarships are geared toward students seeking their MBA.
#1 David J. Aronson Scholarship
Offering 1 award of $1,000 annually, the David J. Aronson Scholarship aims to help full-time graduate students achieve their Master of Business Administration, MS-Tax, MS-Accounting, or MS-Finance. The scholarship is specifically limited to students who intend to work in a Massachusetts Public Accounting firm.
David J. Aronson Scholarship Link
#2 AAUW Career Development Grant
The AAUW provides grants to support course work for women seeking their first advanced degree in a professional field. Applications are accepted between August 1st and December 15th of every year.
AAUW Career Development Grant Link
#3 Accenture American Indian – Graduate Level Scholarship
The Accenture American Indian Graduate Scholarship program provides a generous $15,000 award to two winning applicants and $5,000 to two finalists each year. The funds are paid out in yearly installments for a two-year MBA degree program.
Accenture American Indian Scholarship Link
#4 Patient Advocate Foundation’s Award for Survivors
Students pursuing a graduate degree who have survived a debilitating, life threatening, or chronic disease are eligible to apply for this scholarship offered by the Patient Advocate Foundation. Students who are under 25 and have been treated in the last 5 years are eligible to apply.
#5 QS World MBA Tour Scholar Award
This $5,000 scholarship is awarded annually to a Golden Key member seeking an MBA. The organization looks for students who are both strong academically and show excellence in extracurricular activities.
QS World MBA Tour Scholarship Link
#6 Defense Acquisition University Alumni Association Honors & Awards
Cash awards for the Defense Acquisition University Alumni Association (DAUAA) Outstanding Scholar program ranges in value from $500 – $1,000 and is available to anyone who demonstrates academic leadership and achievement. In order to apply, candidates must furnish letters of reference and submit an essay on “Why college is important to me.”
Defense Acquisition University Alumni Association Honors & Awards Link
#7 Daniel B. Goldberg Scholarship
Students enrolled full time in a master’s program preparing for a career in government finance and eligible to apply for the $10,000 Daniel B. Goldberg scholarship, funded by the Girard Miller Foundation and the Government Finance Officers Association.
Daniel B. Goldberg Scholarship Link
#8 Government Finance Professional Development Scholarship
Local and state government employees who intend to obtain their MBA or other graduate degree in public administration, governmental accounting, finance, economics, or business administration are encouraged to apply. The scholarship fund pays out four separate $10,000 awards annually. At least two years of state or local government employment is required to apply.
Government Finance Professional Development Scholarship info is found at the GFOA website
#9 Chela Financial Scholarships
Chela Financial is one of the most generous scholarship donors in existence, awarding $100,000 annually to qualified graduate and undergraduate students. The application process requires a brief essay on funding a college education.
Chela Financial Scholarships Link
#10 Chicana/Latina Foundation Scholarship
Chicana/Latina women pursuing their graduate degree are eligible to apply for this $1,500 scholarship. Applicants must demonstrate their commitment to the progress and development of Latina women.
Chicana/Latina Scholarship Link
#11 BPW Career Advancement Scholarship
Designed for professional women who are obtaining a graduate degree to change or begin their career, the Business and Professional Women’s Foundation Career Advancement Scholarship is awarded annually to an inspiring applicant.
#12 Institute for Diversity in Health Management Scholarship
The Institute for Diversity in Health Management Scholarship awards $2,500 each year to minority graduate students pursuing a career in health management.
Diversity in Health Management Link
#13 The Markowski-Leach Scholarship
The Markowski-Leach Scholarship was created to empower gay and lesbian students obtaining higher education. Gay and lesbian graduate students attending UC Berkeley, Stanford University, or SF State University are eligible to apply.
#14 The Gloria W. Appel Award for Outstanding Leadership in Entrepreneurship
Second year MBA candidates are encouraged to apply for this scholarship, awarded to the candidate who has contributed greatly to the success of an entrepreneurship.
#15 Cornaro Scholarship
Available to students who are members of the Kappa Gamma Pi sorority and pursuing their graduate level degree with honors, the Cornaro Scholarship award $5,000 to the candidate who is living by Kappa Gamma Pi values.
#16 NCAA Postgraduate Scholarship Program
During the year in which they complete their most recent NCAA season, athletes can apply for the $7,500 NCAA Postgradute Scholarship Program to help them cover the costs of their graduate education.
#17 Citizens Bank TruFit Good Citizen Scholarship
The dollar amount of this scholarship varies, but the award is intended for students who show commitment to volunteerism in their communities.
TruFit Good Citizen Scholarship Link
#18 Eiffel Excellence Scholarship Program
While this program isn’t a scholarship in the traditional sense of the word, it offers to cover living and traveling expenses for students who choose to pursue their master’s degree in France.
Eiffel Excellence Scholarship Link
#19 Richard A. Freund International Scholarship
The Richard A. Freund International Scholarship awards $5,000 for the study of quality control, quality improvement, quality assurance in an MBA program.
Richard A. Freund Scholarship Link
#20 Aegis Alexander Graham Bell Scholarship
Applicants who possess a communications degree and are pursuing an MBA in telecom studies are eligible to apply for this award, up to $8,750.
Aegis Alexander Graham Bell Scholarship Link
#21 Women in Business Scholarship
The Jane M. Klausman Women in Business Scholarship is geared toward women who show great potential in business and live in a Zonta district or near a Zonta chapter.
#22 Forte Fellows Program
Also for women, the Forte Fellows Program is unique in that it awards scholarships to both full-time and part-time students pursuing their Master’s degree in business.
#23 Fulbright Foreign Student Program
The Fulbright Foreign Student Program is aimed at providing financial scholarships to students studying for their master’s degree or PhD abroad. The amount varies.
Fulbright Foreign Student Program Link
#24 National Black MBA Association Scholarships
Financially active members of the National Black MBA Association who are pursuing a master’s degree in business are eligible to apply for this scholarship of up to $10,000. Winners agree to participate in minimal PR events.
National Black MBA Scholarship Link
#25 Catching the Dream Scholarship
Designed to promote highly educated Native Americans, the Catching the Dream scholarship awards successful Native American business students with up to $5,000 every year.
Zack Gary is Editorial Director for MBANoGMAT.com. Zach has a love for business education and a penchant for anything supply chain related. As a passionate writer, Zach regularly loves to discuss the life, work and family balance for other students who are interested in pursuing his favorite program, the MBA.
