Many universities around the world offer generous scholarships to support talented students pursuing business degrees. Below are 10 prestigious institutions that provide free scholarships for business programs.
1. Harvard University – MBA Scholarships
History
Founded in 1636, Harvard University is the oldest institution of higher learning in the U.S. and is renowned globally for academic excellence. Harvard Business School (HBS) offers highly respected MBA programs.
Scholarships Offered
- Need-Based MBA Scholarships: Cover up to full tuition for students from low-income families.
- Boustany MBA Harvard Scholarship: Covers tuition and accommodation.
Website & Contact
- Website: Harvard Business School
- Email: admissions@hbs.edu
- Phone: +1 617-495-6000
2. INSEAD – Fully Funded Scholarships
History
Founded in 1957 in Fontainebleau, France, INSEAD is known for pioneering global business education, with campuses in Europe, Asia, and the Middle East.
Scholarships Offered
- INSEAD Diversity Scholarships: Up to €20,000.
- Need-based and Merit Scholarships: Range from partial to full tuition coverage.
Website & Contact
- Website: INSEAD
- Email: admissions@insead.edu
- Phone: +33 1 60 72 40 00
3. Stanford University – Knight-Hennessy Scholars
History
Stanford University, founded in 1885 in California, is renowned for innovation and entrepreneurship, particularly in the fields of technology and business.
Scholarships Offered
- Knight-Hennessy Scholars: Covers full tuition, living expenses, and travel.
- Stanford GSB Fellowships: Financial aid for MBA students.
Website & Contact
- Website: Stanford GSB
- Email: knight-hennessy@stanford.edu
- Phone: +1 650-723-2766
4. University of Mannheim – Scholarships for International Students
History
Founded in 1907, the University of Mannheim in Germany is known for its research-oriented approach and is among Europe’s leading institutions in economics and business studies.
Scholarships Offered
- Deutschlandstipendium: €300/month for outstanding students.
- DAAD Scholarships: Covers tuition and living costs.
Website & Contact
- Website: University of Mannheim
- Email: international@uni-mannheim.de
- Phone: +49 621 181-0
5. IE Business School – Scholarships for International Applicants
History
Established in 1973, IE Business School in Spain focuses on innovation, entrepreneurship, and leadership development, attracting students from over 100 countries.
Scholarships Offered
- IE Foundation Scholarships: Up to 40% of tuition covered.
- Talent Scholarships: Full-tuition waivers for exceptional students.
Website & Contact
- Website: IE Business School
- Email: admissions@ie.edu
- Phone: +34 91 568 96 00
6. University of Sydney – International Business Scholarships
History
Founded in 1850, the University of Sydney is Australia’s first university, known for promoting research and global academic collaboration.
Scholarships Offered
- Business School International Scholarships: Cover full or partial tuition.
- Australia Awards Scholarships: Includes tuition, travel, and living allowances.
Website & Contact
- Website: University of Sydney
- Email: international@uni.sydney.edu.au
- Phone: +61 2 9351 2222
7. University of Toronto – Rotman School Scholarships
History
Founded in 1827, the University of Toronto is a top-tier research institution known for innovation, with the Rotman School of Management providing excellent business education.
Scholarships Offered
- Rotman Entrance Scholarships: Merit-based tuition waivers.
- International Scholarships: Support for foreign students.
Website & Contact
- Website: Rotman School
- Email: rotman.admissions@utoronto.ca
- Phone: +1 416-978-5703
8. National University of Singapore (NUS) – MBA Scholarships
History
Established in 1905, NUS is a leading university in Asia with a world-class business school focusing on management, finance, and innovation.
Scholarships Offered
- NUS MBA Scholarships: Full tuition waivers for outstanding students.
- ASEAN Scholarships: Support students from ASEAN countries.
Website & Contact
- Website: NUS Business School
- Email: mba@nus.edu.sg
- Phone: +65 6516 3066
9. London Business School (LBS) – Full Tuition Scholarships
History
Founded in 1964, LBS is a world-renowned business school that offers cutting-edge management programs and fosters strong ties with industries globally.
Scholarships Offered
- London Business School Fund Scholarships: Full tuition for exceptional students.
- Laidlaw Women’s Leadership Fund: Promotes gender diversity.
Website & Contact
- Website: LBS
- Email: admissions@london.edu
- Phone: +44 20 7000 7000
10. Esade Business School – Merit Scholarships
History
Esade, established in 1958 in Barcelona, is known for combining academic rigor with a focus on leadership and social responsibility in business education.
Scholarships Offered
- Merit Scholarships: Up to 100% tuition covered.
- Social Impact Scholarships: Encourages socially responsible business practices.
Website & Contact
- Website: Esade
- Email: admissions@esade.edu
- Phone: +34 93 280 61 62