MBA Scholarships: Best Business Schools in USA for Indian students
About Scholarships on
Tuesday, 08 March 2016
Biggest obstacle in student’s dream of pursuing MBA from international universities is the cost of pursuing the course. But if you happen to be among the Indian students seeking opportunity to study abroad then you will be pleased to know that international scholarships for Indian students are offered by many governments, organizations and specific universities. Their scholarships help in funding your management course in a better way. Here you can have a look at the various scholarships offered for different universities. This might help you choose better.
USA is one such place which has the most renowned universities and from where students desire to pursue their management degree. But the cost often tends to lower the enthusiasm of going out there and holding on to what one desires. But we should not lower our hopes because numerous attractive scholarships are offered for pursuing management course here. This is the reason why USA is among the leading country in study abroad destination for Indian students. All the top institutes here are bound to have scholarships best suited for Indian students.
Stanford Graduate School of Business:
1. Stanford Reliance Dhirubhai Fellowship- This fellowship has been established by Reliance Industries Limited for Indian nationals seeking support for management course in Stanford. Five fellowships are awarded every year under this program.
Benefits
· This fellowship includes your tuition fees and associated fees for each year of the two-year Stanford MBA program i.e. approx. $145,000.
· Within two years of completing their course the fellow students are expected to come back to India for a period of two years and work for an Indian Organization.
· Upon their return to India, the fellows are integral members of Stanford University, Stanford GSB, and Reliance Dhirubhai Fellows communities.
Eligibility
50 fellow finalists are selected on the basis of:
· Financial needs
· Merit
· Determined to developing India
· All the finalists must meet the Stanford GSB application requirements.
[If you are worry about your career: Ask to Our Experts]
Application Dates
| Tentative dates | Application Status |
| April- Mid June | Fellowship application available online |
| Mid-June | Fellowship application submission deadline |
| July | Finalist notified |
| July-October | Fellowship Program finalists prepare and submit Stanford MBA application |
| October | Stanford MBA Program application due |
| December | Stanford releases admission decisions, including those for Reliance Dhirubhai Fellows |
| | Reliance Dhirubhai Fellows matriculate in Stanford MBA Program |
Columbia Business School:
This school offers both merit as well as need based scholarships. It also offers fellowships to talented and hardworking students.
1. Meyer Feldberg Distinguished Fellowship Program- This fellowship is offered to academically competent students who display leadership qualities. Here students get full tuition fees as well as membership to the group of fellows.
Eligibility
· Success in military, social enterprise or entrepreneurship makes one eligible for the fellowship.
· Other requirements include a good academic and personal background, along with professional experience.
Application
· Interested candidates must apply for admission to the full-time Columbia MBA Program, as there is no separate application.
Booth school of Business (Chicago University):
1. The India Trust Fellowship-This is amongst the most popular merit based fellowship which offers a one-time $10,000 tuitions award to two students from India. This is offered at Chicago University and to those students who are dedicated to advancing the benefits of women in business. Shortlisted are those who have academic, extracurricular and leadership achievements.
Eligibility
· Full-time admitted students.
· The candidates should be living and working in India at the time of admission.
Application
· No formal application process, students can contact admission office for queries.
1. Akhtarali H. Tobaccowala Fellowship-This was introduced in 2011, and is open to full time Indian students.
Eligibility
· Full-time MBA program
· Main address of the aspirant should be India
Application
· There is no formal application process.
Wharton School of Business:
1. Emerging Economy Fellowship- established for students from engineering economies, andare offered for full-time MBA course for two years.
Eligibility
Only first year students can apply for scholarship.
· Academic achievements
· Leadership qualities
· Extra ordinary personality
· Focus towards development
Application
· There is no application procedure as such. All students admitted to the Wharton College are considered eligible for this scholarship.
2. Joseph Wharton Fellowship- Isnamed after the founder of the Wharton school. It is awarded to students with extraordinary academic, personal and professional records. All admitted students are eligible for this scholarship and there is no as such application procedure.
[Check out Top Management Colleges In India ]