Top MBA Scholarships in 2021
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Will Geiger is the co-founder of Scholarships360 and has a decade of experience in college admissions and financial aid. He is a former Senior Assistant Director of Admissions at Kenyon College where he personally reviewed 10,000 admissions applications and essays. Will also managed the Kenyon College merit scholarship program and served on the financial aid appeals committee. He has also worked as an Associate Director of College Counseling at a high school in New Haven, Connecticut. Will earned his master’s in education from the University of Pennsylvania and received his undergraduate degree in history from Wake Forest University.
Will Geiger is the co-founder of Scholarships360 and has a decade of experience in college admissions and financial aid. He is a former Senior Assistant Director of Admissions at Kenyon College where he personally reviewed 10,000 admissions applications and essays. Will also managed the Kenyon College merit scholarship program and served on the financial aid appeals committee. He has also worked as an Associate Director of College Counseling at a high school in New Haven, Connecticut. Will earned his master’s in education from the University of Pennsylvania and received his undergraduate degree in history from Wake Forest University.The MBA or Masters in Business Administration is one of the most lucrative graduate degrees a student can pursue. According to the Graduate Management Admissions Council (GMAC) the average starting salary for MBA graduates was $115,000 in 2019. MBA programs can also be quite expensive. Luckily, there are a number of MBA scholarships that can help students pay for their MBA degree!
Jump ahead to:
- MBA Scholarships in 2021
- Top MBA Scholarships for women
- MBA Scholarships at top colleges
- Summary of MBA Scholarships
- Upcoming MBA Scholarships
Keep on reading to learn more about how you can pay for your business degree with scholarships and fellowships!
Top MBA Scholarships in 2021
Morning Brew Tech & Business News Scholarship
- Eligibility: Business minded students at all levels of study
- Amount: $1,000
- Deadline: End of each month
Hertz Fellowship
- Eligibility: Hertz Fellowships include up to five years of funding (including living expenses) for research, mentoring, and workshops
- Amount: Up to $250,000
- Deadline: October 29, 2021
Military MBA Scholarship
- Eligibility: Veterans of the US Military who are MBA applicants
- Amount: $20,000
- Deadline: December 15, 2021
Forté MBA Fellowships
- Eligibility: Female students who are applying to Forté partner MBA programs
- Amount: Varies
- Deadline: Varies
National Association of Black Accountants Scholarships
- Eligibility: Students must be black and members of NABA enrolled or accepted to a master’s program in business.
- Amount: Varies
- Deadline: Varies
Top MBA scholarships for women
Forté MBA Fellowships
- Eligibility: Female students who are applying to Forté partner MBA programs
- Amount: Varies
- Deadline: Varies
MBA scholarships at top colleges
If you are interested in earning an MBA, there is a program for you. An MBA can drastically increase a graduate’s salary, but keep in mind that the degree itself is only part of the picture The reputation of the university attended, academic performance, work experience/focus, and location all influence the overall value and MBA. Our list includes just a few of the top programs that offer scholarships and/or fellowships/.
Harvard Business School (HBS)
- Eligibility: Four-year bachelor’s degree from an accredited U.S. college or university. Average applicants have a 730 GMAT and 4.7 years’ of work experience
- Amount: Varies ($42,000 average scholarship)
- Deadline: Round 1: September 8, Round 2: January 5. and Round 3: April 29 (dates change by a day or two each calendar year, so check website)
University of Chicago Booth School of Business
- Eligibility: Four-year bachelor’s degree from an accredited U.S. college or university. Average applicants have a 3.6 GPA and 730 GMAT.
- Amount: Varies
- Deadline: Round 1: September 24, Round 2: January 12. and Round 3: April 1 (dates change by a day or two each calendar year, so check website)
University of Florida Warrington College of Business
- Eligibility: Four-year bachelor’s degree from an accredited U.S. college or university. Average applicants have a 3.4 GPA and 680 GMAT. Communication ability, motivation, maturity, career focus, and leadership are all considered
- Amount: Varies
- Deadline: Round 1: October 15, Round 2: January 15. and Round 3: May 15 (dates change by a day or two each calendar year, so check website)
University of Minnesota Carlson School of Management
- Eligibility: Wide variety of scholarships and stipends for academic achievement, U of Minnesota alums, women, diverse applicants, residents of Minnesota, veterans, and international students!
- Amount: Varies, up to full tuition.
- Deadline: Round 1: October 1, Round 2: December 1, Round 3: February 1, Round 4: April 1, Round 5 (Domestic applicants only): June 1 (Unless noted all scholarships do not require a supplemental application)
University of North Carolina Kenan-Flagler MBA
- Eligibility: Undergraduate degree from an accredited U.S. college or university. Average of 694 GMAT and five years’ work experience, as well as outstanding personal qualities
- Amount: Varies, up to full tuition and living stipend fellowships are offered
- Deadline: Round 1: October 13, Round 2: January 5. Round 3: April 12, and Round 4: May 24 (dates change by a day or two each calendar year, so check website)
Arizona State University W. P. Carey Forward Focus MBA Scholarship
- Eligibility: Admitted applicants have a GMA of 6.94 and 5.5. years’ work experience
- Amount: Varies
- Deadline: Rolling
Summary of MBA scholarships
- Morning Brew Tech & Business News Scholarship
- Hertz Fellowship
- Military MBA Scholarship
- Forté MBA Fellowships
- National Association of Black Accountants Scholarships
Upcoming MBA scholarships
Goldman Sachs MBA Fellowship
- Eligibility: First-year Hispanic/Latino, Native American, or women MBA students pursuing a 2021 Summer Associate position at Goldman Sachs
- Amount: Fellowship recipients receive a $35,000 award in addition to the Summer Associate salary. Upon successful completion of the summer internship and acceptance of a full-time offer, Fellowship recipients will be awarded an additional $40,000, plus any full-time Associate signing bonus
Orbis MBA Fellowship
- Eligibility: Incoming MBA students who are interested in investment management
- Amount: $15,000
SHRM Graduate Scholarship
- Eligibility: Students who are currently attending or have been accepted to a graduate program that is related to Human Resources
- Amount: $5,000
- Opens: January 2022
