Business & MBA Scholarships for International Students (Full Guide 2026).
Pursuing a Business degree or MBA abroad can transform your career — opening doors to global leadership roles, high-paying jobs, and entrepreneurial opportunities. However, tuition and living costs are often major barriers for many international students.
The good news? There are numerous high-value scholarships for Business and MBA programs that international students can apply for right now — many covering full tuition, stipends, travel, and other living expenses.
Below is a carefully curated list of the best scholarships for business and MBA students, complete with official links, eligibility highlights, and tips to boost your chances.
1. Fulbright Foreign Student Program (USA)
The Fulbright Foreign Student Program sponsors international students — including those pursuing MBA and business-related graduate degrees — to study in the United States.
What’s Included
✔ Tuition and fees
✔ Monthly stipend
✔ Travel to/from the U.S.
✔ Health insurance support
Why it’s valuable
Fulbright is highly respected and covers most costs of study and living in the U.S. for eligible international students. FIND MBA
Apply here: https://foreign.fulbrightonline.org
2. Knight-Hennessy Scholars (Stanford University, USA)
The Knight-Hennessy Scholars program funds graduate study at Stanford — including the MBA at the Stanford Graduate School of Business.
Scholarship Coverage
✔ Full tuition
✔ Living stipend
✔ Travel support
✔ Leadership training opportunities
This program targets exceptional international leaders with strong academic and professional profiles. recruitupdate.com.ng
Official website: https://knight-hennessy.stanford.edu
3. Harvard Business School MBA Financial Aid (USA)
While not one universal scholarship, Harvard Business School (HBS) provides extensive financial aid packages and fellowship support to MBA students based on need and merit.
What You Can Expect
✔ Partial to full tuition coverage
✔ Living expense support
✔ Opportunity for need-based fellowships automatically considered upon admission
The HBS Fellowship Program helps ensure talented international students can attend regardless of financial background. Maakali K College+1
🔗 Learn more: https://www.hbs.edu/mba/financial-aid/Pages/default.aspx
4. INSEAD MBA Scholarships (France & Singapore)
One of the most globally diverse MBA programs, INSEAD offers dozens of scholarships for international MBA candidates — including merit-based, need-based, and diversity or regional awards.
Key Benefits
✔ Full and partial tuition awards
✔ Leadership and heritage scholarships
✔ Africa and emerging markets funding options Maakali K College+1
🔗 Official INSEAD scholarships: https://www.insead.edu/master-programme/mba/financing/scholarships
5. Skoll MBA Scholarship (Oxford Saïd Business School, UK)
The Skoll MBA Scholarship funds students at Oxford Saïd Business School who demonstrate exceptional entrepreneurship and social impact strategies.
Key Benefits
✔ Full MBA tuition
✔ Living stipends
✔ Access to Skoll Centre networks and opportunities Work, Study and Travel
🔗 Apply here: https://www.sbs.ox.ac.uk/programmes/oxford-mba/fees-funding/scholarships
6. Oxford Pershing Square Graduate Scholarships (UK)
Offered at the University of Oxford, this scholarship supports outstanding international students — including MBA candidates — and provides comprehensive funding, including tuition and living costs.
Key Benefits
✔ Full tuition
✔ Annual stipend
✔ College fees and travel support Work, Study and Travel
🔗 Official page: https://www.ox.ac.uk/pershingsquare
7. London Business School (LBS) Scholarships (UK)
London Business School offers numerous scholarships for international MBA students, including the Laidlaw Women’s Leadership Fund and other merit-based or need-based awards.
Key Benefits
✔ Full or partial tuition support
✔ Leadership development opportunities
✔ Living stipends for selected awards Maakali K College+1
🔗 Check scholarships: https://www.london.edu/programmes/mba/fees-funding/scholarships
8. Rotman School of Management MBA Scholarships (Canada)
The Rotman School at the University of Toronto offers competitive scholarships and fellowships for international MBA students.
Scholarship Features
✔ Partial to full tuition scholarships
✔ Fellowships based on merit and leadership
✔ Professional development funding Maakali K College
🔗 Funding info: https://www.rotman.utoronto.ca/Degrees/MastersPrograms/RotmanMBA/Financing
9. ADB–Japan Scholarship Program (Asia-Pacific)
Asian Development Bank – Japan Scholarship Program (ADB-JSP) supports students from ADB member countries pursuing business and management degrees in Asia and participating partner universities.
What It Covers
✔ Tuition and fees
✔ Monthly living allowance
✔ Travel and insurance support Scholarship Application Program
🔗 Official ADB scholarship page: https://www.adb.org/work-with-us/careers/japan-scholarship-program
10. HEC Paris MBA Scholarships (France)
HEC Paris offers multiple MBA scholarships covering merit, need, and diversity credentials.
Scholarships Include
✔ Excellence scholarships
✔ Women in business awards
✔ Regional leadership scholarships Crack The MBA
🔗 Explore scholarship options: https://www.hec.edu/en/mba/financial-aid/scholarships
Why These Scholarships Matter
Securing a business or MBA scholarship can dramatically reduce the cost of study abroad — and in many cases, eliminate it completely. These awards not only help with tuition but also:
✔ Enhance your CV and global recognition
✔ Support networking at elite institutions
✔ Provide mentorship and career opportunities
✔ Reduce financial stress so you can focus on studies
Tips to Increase Your Scholarship Success
To boost your chances of winning any of these competitive scholarships:
1. Apply Early
Most of these programs have deadlines 9–12 months before classes begin.
2. Craft a Strong Personal Statement
Highlight your career goals, leadership experience, impact plans, and why you deserve funding.
3. Collect Strong Recommendation Letters
Get references from academic mentors and employers who know your potential.
4. Demonstrate Leadership
Use concrete examples of community impact, entrepreneurship, or teamwork.
5. Target Multiple Scholarships
Don’t rely on only one — widen your chances by applying to several suitable programs.
Final Thoughts
Business and MBA scholarships for international students are among the most competitive, but also among the most rewarding. However, whether you want to master global business strategy, entrepreneurship, finance, or technology leadership, the right scholarship can make your dream education a reality.
Start your applications now, align your profile with the requirements, and take the first step toward a world-class business education.
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