Top 20 B-schools that give the most scholarships

Question

Hey all, I've stumbled around on this site for the answer to this question but was out of luck.

Basically, I want to eventually pursue an MBA but don't like the idea of spending all of that money (not that anyone does). I will be working for an employer that will most likely pay for one, but that would require committing myself for further years to the firm which somewhat defeats the purpose of getting the MBA at all. Although I'm reluctant to commit myself to a firm after the MBA is complete, it would be hard to go against that offer and spend all of that money myself.

My grades and GMAT put me in good running for top 5 programs, and once some more months fly by my work experience should too. My question: is it likely that any of the top 10-20 programs give large scholarships (even full scholarships)? If there are, which ones specifically?

Thanks for your help!

aerien · Answer

For merit scholarships...I'd say Ross, Stern, and Fuqua seem to give $$ to lots of people (at least based on GC sample). Obviously dollar amount varies by person, but even a little is better than nothing.

old1442 · Answer

agree with aeri... based on what I've observed (i got full to stern). seems like emory and ucla have been rather generous as well just by the comparison posts people post (although I didnt see too many full rides from them).

omgmat · Answer

Thanks for the responses! I'll be sure to research further into those specific programs

old1442, congrats on full ride to stern. You mind sharing GPA/GMAT so I have an idea what it takes?

old1442 · Answer

3.56 740. it takes a good story and great essays. i used a consultant and it paid off for me. id at least make sure im running ur app by some seasoned appliers

omgmat · Answer

Will do, thanks again!

old1442 · Answer

if you qualify for consortium app (ie african american, hispanic you also have better chances). i am, unfortunately, caucasian. but if u fit any of those categories id start looking into consortium

jumsumtak · Answer

I would probably not be very comfortable to see Duke on that list. Don't have hard facts because Duke doesn't disclose them, but for what its worth - source OP: schools do give people full rides and mostly it is merit based. You obviously won't need sponsorship if you get one of those. Further, there are a lot of articles that tell you about scholarships/fellowships and financing your MBA. Listing down a few: Article 1 - Average Scholarships Article 2 - Average Debt And then there are great threads such as these: Financing your MBA 3 years post MBA reflection (not related to financing, but interesting) Explore a bit more and you should definitely get your answers!

kingfalcon · Answer

It seems like Booth has been  very  generous with scholarship aid ever since it received its $300M naming gift. Sloan, on the other hand, is known for being pretty stingy with scholarship money (although theoretically you can reduce your tuition bill significantly through ample TA/RA opportunities).

old1442 · Answer

Yea from the top 10, booth is def the most generous. By the way, id try to apply round 1 to all ur schools. Helps significantly as far as scholarships go

CobraKai · Answer

https://images.businessweek.com/slideshows/2013-03-19/top-b-schools-for-full-tuition-scholarships#slide1

old1442 · Answer

great find

bb · Answer

We could pull some of the data from the DB but I am not sure how representative that will be since I don't think many people enter their Scholarship info into the Applicant profile... I don't think it will be a good sample but I can do it.

jxcho · Answer

One school which is reputed to be generous with financial aid which hasn't yet been mentioned is Tepper.

aerien · Answer

That number probably isn't representative; I was going more by posts and profiles.

panama5565 · Answer

Also, remember that some employers will offer to sponsor large portions of your MBA if you intern the summer between your first and second year. Sounds like you're not super in love with your current employer, but it may be worth investigating if the place where you want to end up has a sponsorship program for interns. I'm mostly familiar with consulting - but I know that many firms will offer a 50-100% coverage of your MBA program to interns so long as you return for 1-2 years after graduating. In the scheme of things, 2 years is a small price to pay for covering the full cost of your MBA.

kingfalcon · Answer

Agreed. I've heard specifically that Deloitte does this for its S&O interns.

old1442 · Answer

Deloitte is the only one i've heard of. Has anyone heard of others?

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Top 20 B-schools that give the most scholarships

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