The top MBA scholarships for women, along with some advice on how to apply for them, are listed below.
Although more women are applying to MBAs than ever before, just 39 percent of full-time The majority of MBA students at the top business schools worldwide are female.
Business schools and other organizations provide targeted MBA scholarships for women in an effort to improve the iMBAlance.
These funds assist in removing the financial obstacles that frequently keep women from enrolling in business schools, enabling them to build the network, confidence, and leadership skills necessary for professional success.
The top MBA scholarships for women available right now are listed below.
MBA Scholarships for Women from Business Schools
Individual business schools are the main providers of gender diversity scholarships, and many of them provide a variety of scholarships. Here are some scholarships for women at well-known MBA schools:
Chicago Booth
The Wallman Fellowship is made available to female MBA candidates at the Chicago Booth School of Business who exhibit exceptional leadership and a dedication to advancing women in business. The preference for this full-tuition award goes to women from underrepresented minority groups.
INSEAD
For women only, INSEAD offers a number of scholarship opportunities. The Groupe Galeries Lafayette Endowed Scholarship provides $12,000 awards to women who promise to serve customers regardless of race or social status in keeping with the values of the Groupe Galeries Lafayette.
Women with retail experience typically receive this scholarship, and applicants must submit an essay on the role of women in retail.
The Judith Connelly Delouvrier Endowed Scholarship, worth $15,000 USD, is also given by INSEAD to one female student in every MBA class based on academic achievement. Essays on how to better include women in business must be submitted by applicants for this scholarship.
Female engineers who are accepted into the MBA program are eligible for the $15,700 Piet and Wina Van Waeyenberge Endowed Scholarship at INSEAD. The Diversity Scholarship application must be completed by applicants.
London Business School
Women who can have an impact in business and society are eligible for the 30% Club Scholarship, which comes with awards of up to 50% of tuition.
The A Higher Education Advancing Diversity (AHEAD) Scholarship is a merit-based award available to female candidates for the MBA and Master of Science in Finance programs from developing economies. The prize is valued at $35,000 USD.
The Carlsson Family Scholarship is another option provided by LBS. It is worth $28,000 and is available to qualify female MBA candidates. Every successful female MBA applicant from Australia or New Zealand will be given the Kearney Australia New Zealand Women’s Scholarship Program, worth up to US$11,700.
The MBA program automatically considers all female applicants for these scholarships.
Other Types of MBA Scholarships for Women
Forté Foundation Scholarships
Female MBA students enrolled at participating business schools are eligible to receive scholarships from this foundation. The award winners must exhibit strong leadership skills, a commitment to academic excellence, and a desire to work to address issues affecting women. The Forte Foundation seeks a diverse pool of applicants for its scholarships.
AG Bell College Scholarship
Women who have a hearing impairment and are full-time MBA students are eligible for financial aid from this organization. Both ears must be affected, and the hearing loss must have been identified by the age of seven. Any type of business is an acceptable major for students. Depending on the budget, the amount of funding is variable annually.
AICP Scholarships
For women living in either Virginia or Iowa who are pursuing an MBA in business management or finance, AICP is offering one of two scholarships. A $500 scholarship is available to Iowa residents, and a $1,000 scholarship is available to Virginia residents.
The applicants must have a minimum GPA of 2.75 and must submit an essay outlining their career objectives in the area of actuarial business.
C200 Scholars Award
Women enrolled in first-year MBA programs can apply for scholarships from this organization. Each award winner will receive $25,000 toward her educational expenses. Finalists will be interviewed by members of the C200 scholarship committee to determine who will receive the scholarship.
Candidates must submit documentation of their prior academic achievements, a number of recommendations, a resume, and a lengthy essay outlining their motivations for concentrating on a business degree.
Business Achievement Awards
The Golden Key organization accepts applications from female candidates who are pursuing an MBA. A total of three $1,000–$2,000 scholarships will be given to deserving candidates.
Congressional Hispanic Caucus Institute Scholarship Awards
Mexican, Puerto Rican, and Hispanic women who are pursuing an MBA are eligible for this scholarship. The scholarships have a $5,000 value. Any expenses connected with the school may be covered by this money.
Cronk Opportunity Scholarship
You can apply for this scholarship if you’re a woman pursuing an MBA and an active member of the Evangelical Lutheran Church in America. She will receive $1,000, which she must put toward her education. The minimum age requirement for eligibility is 21 years old.
How to Apply for MBA Scholarships?
Candidates must submit a complete Executive MBA application by the deadline and upload a supporting statement (maximum 400 words) describing how they meet the scholarship selection requirements in the “Funding” section of the program application form.
Selection Criteria
- Academic success is determined by the scholarship statement, transcripts, and resume.
- Professional success, in particular evidence of leadership or leadership potential (assessed through the scholarship statement and CV).
- a desire to serve as an inspiration or role model (as determined by the scholarship statement).
- An eagerness and readiness to become a dedicated representative of the School, upholding the School’s values both during the program and afterward (as determined by the scholarship statement).
Assessing Candidate Suitability
Both the Executive MBA application form and the scholarship statement will be used to evaluate candidates’ eligibility for these scholarships.
When determining eligibility for a scholarship, the CV and transcripts that were submitted with the program application may be used. However, we suggest emphasizing in the scholarship statement any details you deem crucial for scholarship evaluation.
Candidates are also encouraged to give context when it is necessary, such as if success was attained through personal tenacity, aspiration, or drive.
