September 8, 2024

The MBA scholarship is a very competitive scholarship to get. However, if you get the necessary criteria for the scholarship which will be discussed in this article.

There are so many MBA Programs that offer full scholarships in the United States. These scholarships may differ in criteria for eligibility, scholarship reward, and application procedures. 

Some MBA Programs That Offer Full Scholarships may require a certain GPA score or work experience, while some might just be every applicant.

As a Nigerian Student, this is a great opportunity to get your education sponsored in great institutions of the world. However, read this article to know if you are eligible for an MBA program fully funded scholarship. 

MBA Programs that offer full scholarships for Nigerians 

The list below funnels down MBA programs that offer full scholarships that are available for Nigerians. Being a very competitive scholarship, it is limited to students that have demonstrated interest in solutions for urgent social and environmental change. 

Also, an applicant must have a great track record in strong academic record, leadership skills, and financial needs. MBA programs that offer full scholarships are funded by large corporations, governments, scholarship foundations, or the business schools themselves. 

MBA programs that offer full scholarships are: 

1. MIT Sloan School of Management 

This is the business school of the Massachusetts Institute of Technology, a private University in Cambridge, Massachusetts. MIT Sloan offers master’s degree programs, bachelor’s degree programs, doctoral degree programs, also executive education. Without a doubt, its degree programs are among the most selective in the world. The MIT Sloan School offers full scholarships through the Sloan Fellows Program. 

2. Harvard Business School 

Harvard Business School is a graduate business school of Harvard University, it is a private University in Boston, Massachusetts. Moreover, it is among the top business school in the world and offers full-time MBA programs, management-related doctoral programs, and many other executive programs. 

The Harvard Business School also offers several MBA full scholarships through the Harvard Business School program. 

3. Stanford Graduate School of Business 

The Stanford Graduate School of Business is the graduate business school of Standford University, California. It is one of the top business schools in the United States. Also, one of the MBA programs offers Full Scholarships.

The Stanford Graduate School of Business offers a full scholarships through the Knight-Hennessy Scholarships program, which is open to international students. 

Being a highly competitive school that is known to admit only 6% of its applicants, therefore as a Nigerian Student, this scholarship is a great opportunity for you. 

Stanford GSB offers a general management Master of Business Administration (MBA) degree, the MSx Program (MS in Management for mid-career executives), and a Ph.D. program, along with joint degrees with other schools at Stanford including Earth Sciences, Education, Engineering, Law, and Medicine. The GSB also offers Stanford LEAD Business Program, an online professional certificate program.

4. Kellogg School of Management at Northwestern University

This is the business school of Northwestern University, a private research university in Evanston, Illinois. Kellogg School of Management is one of the oldest and most prestigious business schools in the world.

Also, it is one of the few MBA programs offering a full scholarships to Nigerians. The Kellogg School of Management offers full scholarships through the Forte Foundation, which is open to women and underrepresented minorities.

5. Wharton School of the University of Pennsylvania

The Wharton School of the University of Pennsylvania is the business school of the University of Pennsylvania, a private Ivy League research university in Philadephia. In the world, it is known to be one of the most prestigious business schools in the world. The Wharton School offers full scholarships through the Wharton Fellows Program, which is available to veterans and active-duty military personnel.

Criteria for MBA programs offering Full Scholarship

Before applying for any of the MBA programs offering Full Scholarships below are some of the criteria you need to meet in other to gain the scholarship. These criteria include: 

  • popularity and utility among users and professionals in the business
  • Features and functionality provided by the program
  • Reviews and ratings by users
  • User interface and simplicity of use
  • available technical assistance and resources
  • Price and overall value
  • Adaptation to other programs and systems
  • Updating and improving frequently
  • support for several operating systems
  • Recognition or awards obtained by the program

However, you should note that the criteria for each program vary. It all depends on what it is used in. 

List of Top 10 MBA Programs That Offer Full Scholarship

As stated above, MBA programs that offer full scholarships are for highly qualified applicants that have shown dedication, strong academic track, and financial needs. 

Below is the list of the Top MBA programs that offer full scholarship 

  1.  Stanford Graduate School of Business 
  2. Harvard Business School 
  3. Kellogg School of Management
  4. Wharton School of the University of Pennsylvania
  5. MIT Sloan School of Management
  6. University of Chicago Booth School of Business
  7. Columbia Business School
  8. Tuck School of Business at Dartmouth
  9. Fuqua School of Business at Duke University
  10. The University of Michigan Ross School of Business

To know more about the schools’ Scholarship program, you should visit the school’s official website.

Eligibility for MBA programs that offer full scholarship 

Eligibility criteria for MBA programs offering full scholarships varies, depending on the school. However, there are certain general criteria. They include: 

  • Excellent essays and advice
  • strong performance in the interview
  • need for finance
  • groups who are underrepresented
  • internationally studying students
  • A high undergraduate GPA and/or an advanced degree
  • Excellent GMAT/GRE scores
  • leadership expertise or relevant job experience
  • demonstrated capacity for leadership
  • A specific, compelling career objective

Additionally, some programs may also consider factors such as community service, extracurricular activities, and diversity.

Conclusion 

To sum it all up, top MBA programs offering full scholarships are available to highly qualified and competitive candidates. Moreover, before applying for any of the scholarships, make sure you carry out proper research on the MBA program before applying for the scholarship.