Business Administration Scholarships: UG & PG Eligibility Criteria, Application Process and Selection Process

Business Administration Scholarships

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Syed Yusuf Ashraf

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Business Administration is an undergraduate and postgraduate course that imbibes an understanding of finance, management, and stock market investments. The business administration scholarships are available on merit-based and need-based. Eligible students may get allowances of between 30,000 to 80,000 INR. The business administration scholarships are awarded for a minimum of two years till the completion of the course. For MBA abroad scholarships, the students with exceptional performance in bachelor’s degree and GMAT/GRE exam are given preference.

Business Administration Scholarships: Benefits for Students

  • Tuition fee waivers
  • Accommodation and travel allowances
  • Stipends, work experience, and social welfare to enhance the candidate's resume and CV. Full-time job opportunities after graduation in top companies.
  • Opportunities for students to participate in co-curricular activities and workshops to learn more about management, finance, investments, and stock markets.
  • The scholarship allows Students with research abilities to develop their thesis under experienced faculty members and scholars. Feedback and counseling session for students on their academic performance.

Check out top 5 fully funded scholarships to study masters degree abroad


Highlights

Scholarship TypeMerit-Based
Offered byInstitution
OrganizationN/A
Application DeadlineN/A
Number of ScholarshipsN/A
AmountVariable Amount
RenewabilityNo
International Student EligibleNo
Scholarship Website LinkN/A

Eligibility Criteria

Business Administration Scholarships: Undergraduate Eligibility Criteria

The applicants must fulfill the following eligibility criteria to be eligible for bachelor of business administration scholarships.

Eligibility Criteria:

  • High school with 2.25 (75%) or above qualification marks
  • The applicant must be under 26 years.
  • proof of their citizenship.
  • English language proficiency scores:
    • IELTS - 6.0
    • TOEFL IBT - 97

Documents Required:

  • Transcripts of academic records
  • Letter of recommendation
  • Personal statement
  • English Language Proficiency Scores
  • Visa and residence permit
  • Identity proof (Adhaar card, Voter ID, Driver’s License)
  • Family income and bank details
  • Visa and residence permit
  • Birth Certificate
  • Passport

Specific Requirements:

Scholarship Name Name of College/University Eligibility Requirements Award
Lester B. Pearson International Student Scholarships University of Toronto Study permit for Canada | Excellent academic record Tuition fee waiver and grants for books | Allowances on housing
BBA International Programs Scholarship UT Austin McCombs School of Business GPA of 2.25 (75%) Tuition fees waiver up to $2000 (INR 1,65,673) | Access to the library | Assistance with visa procedure
Swinburne International Excellence Undergraduate Scholarship Swinburne University of Technology, Australia Excellent academic record for maximum grants Tuition fees waiver up to $4000 (INR 3.31 lakhs INR) | Application fees waiver
BBA International Scholarship University of Strathclyde Offer letter from the university | Applicant must qualify in one of these subjects: Economics, Entrepreneurship, Human resource management, Marketing, Business, Hospitality & tourism 15% tuition fees waiver

Business Administration Scholarships: Postgraduate Eligibility Criteria

There are numerous scholarships available for postgraduate students including some fully funded scholarships for masters in business administration. Following is eligibility criteria for a Master of Business Administration scholarships:

Eligibility Criteria:

  • Bachelor’s degree in Business or a relevant discipline
  • GPA of 3.6 (91%) or above.
  • The applicant must be under 35 years
  • Language proficiency test score (IELTS, TOEFL IBT, PTE).
  • Test Scores:
    • GMAT - 600
    • GRE - 300
  • Work experience of minimum 3-5 years

Documents Required:

  • Bachelor’s degree qualification certification or Master’s certificate
  • Transcripts of academic documents
  • GMAT or GRE scores
  • Personal statement
  • Letters of recommendation
  • Curriculum vitae or resume
  • Documents of family’s income and financial status
  • Visa and residence permit
  • Identity proof (Adhaar card, Voter ID, Driver’s License)
  • Birth certificate
  • Passport

Specific Requirements:

Scholarship Name Name of College/University Eligibility Requirements Award
INSEAD Asia Enterprise Fund Scholarship INSEAD, Singapore Applicants pursuing MBA in INSEAD Asia Campus. Allowances up to 10,000 EUR (9.06 INR) | Employment opportunities in Asia | INSEAD’s two-year campus exchange program
Boustany MBA Harvard Scholarship Harvard Business School Applicants must receive an acceptance letter from Harvard University | Applicants must have an excellent academic record. Allowances on travel and resettlement expenses | Tuition fees waiver up to 90,000 USD (INR 73.80 lakhs INR)
Boustany MBA Cambridge Scholarship Judge Business School Applicants must receive an acceptance letter from Cambridge University | Applicants must have an excellent academic record. The students become associates at Pembroke College | Tuition fees waiver up to 30,000 GBP (INR 31.57 lakhs INR) | Allowances on travel and accommodation | Internship opportunities
Hari Varshney MBA Entrance Scholarship UBC Sauder School of Business Applicants with excellent academic records. Tuition fees waiver up to 60,000 USD (INR 49.69 lakhs INR)
Stanford GSB Financial Aid Stanford Business School of Graduate Applicants must have excellent academic records | Applicants must provide the financial aid application with family income. | Applicants must pay consumer debt before applying. Tuition fees waiver up to 44,000 USD (INR 36.04 lakhs INR) | Fellowships and loans as financial aid
Joseph Wharton Fellowships UPenn Wharton School Applicants must have an excellent academic record | Applicants must provide documents related to work experience, community service, and personal statement. Tuition fees waiver up to 4 semesters up to $11,200 (9,27,656)
Dr. Tahir Fellowship UC Berkeley Haas School of Business Applicant must have work experience of 5 years | Applicants must have a Bachelor's degree in B. Tech., B. Eng., B. Eng. (Hons), B. Sc. in Engineering, B. Pharmacy, and BSc. in Agriculture and Forestry | Applicants must have completed their Bachelor’s degree in Asia. Tuition fees waiver up to $10,825.75 (INR 8,96,627) | Health insurance | Employment opportunities | Students can serve as Academic Student Employees
GREAT Scholarship University of Bristol Applicants must hold the citizenship of India | Applicants must receive an offer letter from the University of Bristol Tuition fees waiver up to £10,000 (INR 10,51,915)

Application Process

All desired candidates can follow these steps to apply for the Business Administration scholarships:

  • Register on the official university websites for whichever scholarships you wish to get.
  • Thoroughly read the eligibility criteria and document requirements before applying
  • Submit the required documents along with additional materials.
  • The applicant must hold an acceptance or offer letter while applying
  • Pay the application fee for admission (if applicable)
  • Wait for admission decision to come after applying
  • Students meeting the requirements for university scholarship will be automatically considered.
  • Those applying external scholarships may require a separate application

Selection Process

Some of the factors that are taken into consideration during the selection process for scholarship:

  • The applicants must be dedicated to contributing to the university and have a realistic goal after completing the course.
  • Students with past work experience and internships in fields related to finance and business administration will be preferred.
  • Applicants with excellent academic records and GMAT/GRE scores have higher chances of receiving the scholarship for MBA. The universities select students based on their English language proficiency, qualifications, letter of recommendation, letter of intent, and curriculum vitae.
  • The scholarship grants get evaluated based on the family income and number of family members in the applicant’s house.

Business Administration scholarship allows students with outstanding academic records to study in the best universities without facing financial difficulties. The scholarship grants additional allowances for housing, travel, and catering expenses. Some of these scholarships provide training to the students for future employment opportunities. Students get maximum exposure and skill development opportunities with these scholarships.

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