Scholarships for MBA Abroad for Indian Students

There are many benefits of pursuing an MBA abroad - from gaining a world-class education to better job prospects. However, financial hurdles in pursuing this dream can be significant, considering the degree can cost between $30,000 and $120,000. A scholarship for an MBA abroad can help you realize your dreams. Here we discuss some fully-funded MBA scholarships for Indian students abroad.

Cost of Studying MBA Abroad

Types of Scholarships for MBA Abroad

Numerous MBA programs in other countries offer financial aid to overseas students. Check this out:

Merit-based scholarships: 

These scholarships are awarded to those who have achieved distinction in an area related to academics, sports, art, extra-curricular, or community activities. Certain requirements must be met in order to continue receiving funding from such scholarships if they are renewable.

Need-based scholarships:

Scholarships for international master's degree programs in business administration are available from some schools to those who can demonstrate financial necessity. Applying for need-based scholarships usually necessitates a separate application.

Diversity scholarships: 

Diversity scholarships and country-specific scholarships, which may be offered by the government or MBA schools, are available to international students from certain countries.

Program-based scholarships: 

This is a frequently chosen path for international MBA students seeking financial aid. It is common practice for MBA hopefuls to get financial aid in the form of merit-based scholarships from business schools.

Subject-specific scholarships: 

These are quite similar to grants given out for certain programs. An MBA in entrepreneurship, for instance, might get you recognition here. This form of scholarship for an MBA in a foreign country has strict requirements in terms of both your academic background and your intended field of study.

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Indian Government for Studying Abroad 

Popular Scholarships for MBA Abroad

After reading this, you should better understand the many opportunities available to finance your Master of Business Administration studies abroad. Here are the top fully-funded MBA scholarships for Indian students abroad, excluding scholarships offered by specific foreign universities:

Conclusion

Getting admitted to MBA colleges abroad with a scholarship can be a game-changer for aspiring Indian students. The wide variety of available scholarships is evidence of the widespread respect for an international MBA degree. There exist numerous merit-based, need-based, country-specific, and specialized scholarships for aspiring MBA students who wish to cut down on their study abroad expenses.

Candidates need to be serious when applying for the scholarship, so they should dedicate adequate time to ensure that their applications portray their abilities as well as the aim of the program. As the world becomes more interconnected, scholarships for MBA abroad for Indian students are in huge demand, so choosing the right one and working hard to fetch it is crucial.

Read More About Scholarships:

• What is Scholarships and How to Apply for Them
• Fully Funded Scholarships for Indian Students