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Full-Tuition Scholarships
In this article, we wanted to expand on the list of US business schools to provide information for students interested in pursuing their management education outside of the US. Many top non-US business schools are also very generous with full-tuition fellowships and scholarships.
Below is our compiled list (for more information on the scholarship offering, click on the names of each school):
The Rotman School of Management, University of Toronto – Toronto, Canada
Number of fellowships awarded each year: : 8 in total
- 5 general full-tuition scholarships
- 1 for the top Canadian male applicant
- 1 for the top Canadian female applicant, and
- 1 for the top international student
Average class size for full-time MBA program: 264
How to apply: No separate scholarship application is required. Candidates are automatically considered for scholarships during the application review.
HEC Montreal – Montreal, Canada
Number of fellowships awarded each year: about 6
Average class size for full-time MBA program: 175
How to apply: No separate scholarship application is required.
Nyenrode Business Universiteit - Breukelen, the Netherlands
Number of fellowships awarded each year: 12 in total
- 5 for students of any nationality
- 7 for students from specific regions/countries including Mexico, Vietnam, China, and Indonesia
Average class size for full-time MBA program: Not listed
How to apply: No separate scholarship application is required.
Rotterdam School of Management, Erasmus Graduate School of Business - Rotterdam,the Netherlands
Number of fellowships awarded each year: 4
Average class size for full-time MBA program: 350
How to apply: No separate scholarship application is required.
Melbourne Business School, University of Melbourne – Melbourne, Australia
Number of fellowships awarded each year: 3 in total
- 2 for students who are descended from, identify with, and are accepted by a designated Australian Indigenous community and
- 1 for an international student
Average class size for full-time MBA program: 90
How to apply: All successful MBA candidates are automatically considered for scholarship support and successful candidates are notified as part of the admissions process.
Westminster Business School, University of Westminster – London, England
Number of fellowships awarded each year: Not announced
Average class size for full-time MBA program: Not announced
How to apply: Selection is based on excellent scholastic record in undergraduate studies and/or evidence of excellence in previous employment, business and community service. International applicants from developing countries are considered.
China Europe International Business School – 3 campuses in China: Shanghai, Beijing, Shenzhen
Number of fellowships awarded to 2008 entering class: 6
Average class size for full-time MBA program: 196
How to apply: Selection is based on financial need.
The programs above also all offered numerous partial scholarships. So, again, we say-do NOT be scared of tuition prices! Inquire at your dream schools to find out about their scholarship offerings.
Most of us think that getting a management education simultaneously means earning an MBA and accumulating a large amount of debt in student loans. Inspired by a recent article from BusinessWeek which challenged this notion with a report on full-tuition fellowships, we performed extensive research and data collection on our own and summarized our findings in three segments.
Today, we will present key data of full-tuition fellowships from many of the top US management programs including Berkeley’s Haas, Columbia, and University of Chicago. In the next two articles, we will cover major non-US schools.
During your application process, do not overlook these fellowships. Many schools usually require one extra essay or interview to be eligible for a two-year, full-tuition fellowship. The list of fellowships at the schools below may surprise you.
University of Chicago
Number of fellowships awarded to 2008 entering class: 11
Average class size for full-time MBA program: 550
How to apply: Most admitted applicants are automatically considered at the time of the application, but many have additional required interviews as part of the final selection process. All of the fellowships have a mentoring component.
Columbia
Number of fellowships awarded to 2008 entering class: About 25
Average class size: 1,196
How to apply: Automatically considered with application
Harvard
Number of fellowships awarded to 2008 entering class: 25
Average class size: 918
How to apply: Scholarships are awarded based on financial need. To apply, complete and submit a financial aid application upon admission
California Berkeley Haas
Number of fellowships awarded to 2008 entering class: 14
Average class size: 250
How to apply: For most of the fellowships, students automatically quality with application. For one particular fellowship, an additional essay is required.
MIT Sloan
Number of fellowships awarded to 2008 entering class: 10-12
Average class size: 375
How to apply: Automatic consideration with application
Pennsylvania Wharton
Number of fellowships awarded to 2008 entering class: 10
Average class size: 825
How to apply: Selection is based on the a number of criteria such as personal background, leadership, and integrity. Students who fit the criteria must complete a separate financial aid form.
Virginia Darden
Number of fellowships awarded to 2008 entering class: 61
Average class size: 632
How to apply: All admitted applicants are considered. For one fellowship, a separate application is required
Yale
Number of fellowships awarded to 2008 entering class: 11
Average class size: 180
How to apply: All applicants are considered for merit scholarships
The bottom line is that it is definitely worthwhile to perhaps write an extra essay if it means earning a savings of $200,000 for your education. For many of the fellowships, all admitted applicants qualify.
For a list of more business schools that offer full-tuition fellowships, please refer to this insightful article in BusinessWeek.
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