Getting MBA abroad scholarship plays a crucial role in funding the education of students who wish to join top business schools in India or abroad to pursue a Master of Business Administration (MBA) program. MBA, a much preferred professional degree program among the students, is also a costly affair for many aspirants. Various B-schools offer MBA scholarships abroad to assist many such students who come in financial conditions. Whether you want to attend a business school in India or abroad, you can find MBA scholarships to meet your needs.
Which are the top institutes that offer MBA scholarships abroad? What are the eligibility conditions to be fulfilled by the applicant? When and how can a student apply for these scholarships? Here we have provided the article that highlights every important piece of information related to MBA scholarship abroad, including its complete list, eligibility criteria, the application process, awards, and much more. If you wish to make the application process smooth and hassle-free, get in touch with SOPEDITS, a team of exceptionally talented and zealous people.
MBA Scholarship Abroad – Key Eligibility
The major eligibility criteria for students to avail of an MBA scholarship in India is that they must be enrolled/enrolled in an MBA program. However, to get MBA scholarships in countries like the US, UK, France, Italy, Canada, etc., students must have a valid GMAT/GRE score. Apart from this, there are many other conditions that a student must fulfill. The table below provides the detailed eligibility criteria for each MBA scholarship.
Application Process and Eligibility Requirements for MBA Abroad
To pursue an MBA from abroad, you have to fulfill certain criteria set by universities and colleges. While these prerequisites may vary according to the program and the university, we have listed down the basic eligibility criteria for MBA abroad, which one must know before proceeding with their application.
Educational requirements
The basic educational requirement for an MBA abroad is to have completed a bachelor’s degree in any field or related subject for the specialization you are applying for. Generally, one can opt for MBA after courses like Bachelor of Arts (BA), Bachelor of Engineering (BE), Bachelor of Technology (B.Tech), Bachelor of Science (B.Sc). In addition, you can also pursue an MBA after MS to gain professional exposure in a particular area of interest.
Work experience
Many international business schools and universities require MBA candidates to gain professional experience in the field they wish to study. Therefore, the admissions committee of a business school abroad evaluates your academic track record and considers other factors such as professional achievements, recommendations, and leadership qualities at work. However, for freshers in their field, there are many options for doing an MBA without work experience.
Language Proficiency Test and Management Aptitude Test
Language proficiency test plays an essential role in any MBA abroad study application. If you are seeking an English-speaking country, English proficiency test scores such as TOEFL, IELTS or PTE, etc., are required for those from a country where English is not an official language. On the other hand, MBA abroad courses have entrance exams specifically for GMAT and GRE, which one needs to appear for. These exams are explained in detail in the next section.
Resume, Admission, and Recommendations
Along with transcripts and work experience, you will also need to submit a resume, MBA essay, and recommendations when sending an application for an MBA abroad. In the MBA dissertation, you must provide your reasons for applying for the program, strengths, and weaknesses, and career goals with a brief explanation of why you have chosen a certain course and university. In addition, LORs can also enhance your MBA application, and an SOP is an integral admission and a resume that showcases your academic and professional achievements.
Conclusion
The final stage of your application to study abroad MBA is a personal interview. The Admissions Committee analyzes your application and asks you the necessary questions to assess your objective to pursue your chosen program. While some scholarships offer financial aid in tuition fee waivers, some prefer to offer cash prizes to students. In addition, some international scholarships provide students with a living and travel allowance to make their stay convenient and cheap. If you want to start your international MBA abroad journey, then SOPEDITS should be your first stop solution. They can help you guide through the process and make it smooth.