Hi MBA Prep School
Could you please provide any insights on what one should write/approach why one should get the scholarships in 2 year MBA program especially for US schools(top 15/20 )...?
Much appreciate your feedback on this.
MBA scholarships are typically awarded on a merit basis and business schools utilize scholarship money and fellowships to persuade exceptional candidates to accept the school's offer of admission. For many schools, there might not be a formal process to apply for MBA scholarship money. Instead, admissions boards make scholarship offers based on the quality of the applicant and his or her application. Therefore, my first tip is to ensure that your application is exceptional and that you have sent strong signals to the school that you are extremely motivated to attend their program. Scholarship money is scarce and admissions committees are more likely to offer scholarship money to students who have communicated that they are serious about attending their program. In certain cases, scholarship money is supplied by donors who want to support a particular kind of MBA candidate. For example, a donor may designate that his or her scholarship be granted to an MBA student with an engineering undergraduate degree. If so, admissions boards will review their list of accepted students and offer the scholarship to applicants who match those qualifying criteria.
A few business schools do have specific scholarship (or fellowship) essay questions. What one should write on these essays would depend on what question has been asked. Our admissions consultants provide editorial guidance on MBA scholarship essays to clients who have engaged our help on a comprehensive/school package basis. Last year, many of our clients had the good fortune of earning scholarship money.
Finally, I encourage you to reach out to each business school you are applying to by email or by phone to find out if they offer any additional avenues for seeking scholarship money. It is often the case that MBA schools expect applicants to pursue scholarship money proactively; so It never hurts to ask
. I wish you the best of luck in earning some scholarship money to pay for your MBA.
Hey Tyler ,
Thanks a lot for your detail reply.Really appreciate it Sir...
Yup! you're right ...not many schools offer need-based scholarships,it's mostly merit-based scholarships and for the latter it's really a strategic decision and as you've said- heavily depends on one's candidacy overall.So for this merit-based scholarships, most of the schools as you've mentioned,don't have any separate applications.In that case, applicants need to show their best strength through their essays only I guess.Is there any other way to showcase this...? Your thoughts on this please...!
My second question is-In general how the need based offers are determined..? Is it based on the personal assets of the candidate solely or that of his/her family or else?
Look forward to your reply Sir..!
P.S: It would be really helpful if you can let me know what are the schools specifically among top 20 that encourage this pro-activeness...? Or is it a general thing for any b-school?
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