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2022/2023 List of MBA Scholarships in USA to Consider

MBA scholarships in USA are making it easier for international students to earn a Master’s degree in Business Administration. In the United States, the tuition fee is too high, and it is the reason many students are searching for MBA scholarships. We have top-quality graduate schools in the U.S. offering expensive education making it difficult for students to study here. As a result of these MBA scholarships in USA, before you can be part of the successful candidates, you must meet their requirements.

Common Application Requirements for MBA Scholarship in USA

These are common application requirements:

  • An undergraduate degree from a reputable university
  • A competitive minimum GPA score of 3.0
  • A personal statement or essay
  • Recommendation letters
  • Proof of permanent residency or citizenship in the U.S.
  • GRE or GMAT score reports

Read also: How to Apply for USAID Scholarship Grant

MBA Scholarships in USA

  1. Government Finance Officers Association:

Every year, the Government Finance Officers Association offers five different scholarships, and it comprises eleven awards, especially for graduate students in courses like business administration, finance, economics, and accounting students with a knack for either government or nonprofit management.

The essence of these scholarships is to award students with high academic performance in both states preparing for their careers in either local or state government finance. The founder of the scholarship offers four $10,000 awards. If you have the aim of working in a financial institution to have e financial experience, you can apply for the scholarship during the fall season.

  1. Ritchie-Jennings Memorial Scholarship:

The scholarship got its name from two renowned members of the Association of Certified Fraud Examiners Tracy Ritchie and Larry Jennings. They got injured by terrorists who shot at them when they were traveling to Union Texas’ Karachi Office. The scholarship awards are for students who might later become Certified Fraud Examiners with degrees in finance, business, accounting, etc.

Students in these courses can advance their education by going to the anti-fraud career path. You will need to be a full-time student in a reputable institution offering a four-year course. Also, it is ideal to have a strong passion to pursue a career in a similar anti-fraud or fraud examination profession, while being a permanent resident or U.S citizen too.

  1. International Council of Shopping Centers Foundation — Edward J. DeBartolo, Sr. Graduate Scholarships:

The founder of the scholarship awards students $10,000 for two scholarships – Sr. Graduate Scholarship and Edward J. DeBartolo. If you are a graduate student studying in a reputable university with a CGPA grade of 3.0. Also, it is necessary to show a willingness to dedicate and participate in industry and also commit to financial needs.

They have their applications open during the Spring season for students to get access to $10,000 tuition fees, textbooks, fees, etc. If you have shopping center industry experience and community activism activities with a GPA of 3.0 you can apply for the scholarship.

  1. Golden Key Graduate Scholar Award:

The scholarship was founded in 1977 and has grown to become one of the renowned international collegiate honor societies. Presently, it has over 400 chapters globally, and if you have good academic achievement and meet the requirements you can apply for it. It will help you create change in the future.

As an MBA candidate passionate about future change can apply for the Golden Key Graduate Scholar Award. The scholarship comes with some application requirements such as resume, personal statement, comprehensive academic transcripts, etc. If you become one of the beneficiaries, you will get the sum of $2,500.

Read also: 7 Best Universities with MS in Business Analytics in the USA

  1. The Financial Women’s Association of San Francisco Financial Leadership Scholarships:

The role of the scholarship is to offer opportunities for women studying MBA in the United States to make progress in finance. Each year, the Financial Women’s Association of San Francisco gives to both Undergraduate and postgraduate students getting ready for careers in finance and accounting in reputable universities within the nine Bay Area Counties. Undergraduate students will get $10,000, while graduate students get $25,000.

The selection criteria for the scholarship depends on various factors such as work experience, leadership skills, communication skills, academic achievements extracurricular activities, etc. Besides acquiring financial support, the scholarship recipients get the opportunity to get mentorship from FWSF members and access to enhance their careers by connecting with key leaders. It is for Women studying at San Francisco Bay Area University.

  1. AAUW Selected Professions Fellowships:

For over a century, the American Association of University Women has provided education for countless women to achieve their educational dream. Also, they have given over $115 million to more than 13,000 nonprofit organizations and women globally. The scholarship began in 1970 with an initial grant of $25,000 grant.

Women offering a Master’s in Business Administration degree program can get enrolled in this scholarship award. Also, it is essential to be a full-time student in courses like business, medicine, law, and many others. They accept permanent residents or U.S. residents to study with them. The scholarship funds for beneficiaries are $5,000 to $18,000.

  1. NBMBAA Graduate Scholarship Program:

The National Black MBA Association provides different scholarships to outstanding MBA students. It is one of the MBA scholarships in USA having collaboration with other business schools like Emory University, the University of Florida, the University of Alabama, the University of Florida, etc.

The lucky students can get up to $100,000 in universities like Indiana University, Georgia Tech, and Bentley University. Also, there are other opportunities for students like accommodation fees and airfare for NBMBAA’s annual conference.

Frequently Asked Questions

Q: What is the cost of an online MBA?

The online cost for MBA programs varies depending on the cost of study, course duration, and others. According to a survey in 2020 shows that MBA graduates can earn an average salary of $75,197 in a year.

Q: Is there any need for an undergraduate degree for MBA?

You can apply for an MBA degree even when you don’t have a business background. In many universities in the U.S., their MBA students have no business background. In 2019, it shows that 27% of students studying MBA have a future intention of changing industries.

Other Interesting Contents

Conclusion

MBA scholarships in USA offer students to study business administration at the graduate level without paying a dime for it. You can check these scholarship websites to get more information and requirements that will make you eligible for them.

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