MBA scholarships for women are available in the form of full scholarship awards and partial scholarships. Some scholarships are based on applicants’ academic status; other scholarships are given for personal or academic merit. You can also check out scholarships offered by organizations, such as INSEAD’s Forte Fellows Program or Rainbow Bridge. These organizations offer scholarships for women who want to pursue a degree in a field that is underrepresented by women.
INSEAD’s Forte Fellows Program
INSEAD’s Forte Fellowship program offers women MBA scholarships of EUR 15,000 to $15,000 in exchange for a one-year MBA degree. These scholarships support women seeking leadership positions and interested in pursuing an MBA. There are specific criteria that must be met to be eligible for this award. For example, women who have worked in retail should have a track record of serving customers of all social and racial backgrounds.
For those interested in business and entrepreneurship, the Forte fellowship is a good fit. It requires a commitment to developing female business leaders. Scholarships are awarded for a maximum of four years. However, this scholarship is only available to women attending colleges in the US, so you need to apply from there. Another scholarship for women who are interested in pursuing a master’s degree in business but don’t have much financial resources, the Laidlaw Foundation offers US$5,000 scholarships to female students. Another scholarship for women is the Groupe Galeries Lafayette Endowed Scholarship, which offers $10,000 to women who want to work in fashion retail. To apply, applicants must submit an essay on why they want to work in this field.
INSEAD’s Rainbow Bridge
The Fondation Rainbow Bridge offers an MBA scholarship to African and Asian women from affected countries. To be eligible, you must have outstanding academic merit and a passion for improving the lives of people in your countries. You must submit an essay of approximately 1500 words explaining your financial situation and cash flow forecast. The scholarship has a value of 20,000 euros per year and is offered to women from countries affected by natural disasters.
The Nestle Scholarship for Women was introduced in 1997 by a group of IMD MBA students to encourage women in developing countries to pursue an MBA. The Fondation Rainbow Bridge Foundation offers scholarships to women from Asian or African countries, enabling them to enrich their academic background. The HEC Scholarship is valued at EUR 20,000. The Rainbow Bridge Foundation also provides scholarships to women from developing countries who wish to pursue an MBA at HEC.
INSEAD’s Executive Transition Program Full Scholarship
There are several prerequisites to apply for INSEAD’s Executive Transition Program, including academic capacity, international outlook and professional experience. Applicants must submit an online application and may also be interviewed through telephone pre-interviews. If you are accepted into the program, you will complete a personal profile and submit three motivational essays. You can also submit one optional motivational essay. Applicants must have a minimum GMAT score of 70.
INSEAD offers four different programs in general management. The Advanced Management Program (EMBA) is offered for four weeks on campus in Fontainebleau, the Transition to General Management (TPG) is nine weeks and the Asian International Executive Program is two weeks in Singapore. There are also executive education programs in corporate governance, strategy, finance, marketing and sales, R&D, and operations management. Online and affiliate programs are also available.
INSEAD’s Whitney M. Young Jr. fellowship
The Whitney M. Young Jr. Fellowship is a unique opportunity to gain global experience while gaining recognition for contributions to urban studies, African American studies and social work. Applicants must be a U.S. citizen, hold a graduate degree or professional degree, and have demonstrated academic excellence in a field related to race relations. The fellowship covers full tuition, student services, and health and welfare costs, as well as one year of basic medical expenses insurance.
The fellowship honors the late civil rights leader Whitney M. Young, a woman who worked for racial equality in the United States. The prize is awarded annually to an architect or architectural organization that exemplifies social responsibility and actively engages in relevant issues in society. The award is open to individuals and organizations involved in AIA’s Strategic Council and Board of Directors. The program is free and open to members of both INSEAD and Wharton.
Wallman Fellowship from the Chicago Booth School of Business
The Chicago Booth School of Business recently announced a $75 million gift from Amy and Richard Wallman. The gift will support several Booth School of Business initiatives, including recruiting more diverse students and improving faculty research and co-curricular programming. It will also recognize outstanding students and alumni. The Wallman Fellowship provides full education to women and other underrepresented groups. Candidates should highlight their community service and other notable contributions in multiple places in their application.
Fellows attend evening and weekend classes while still enjoying the transformative academic experience of all Booth students. Chicago Booth offers scholarships for women entrepreneurs, with community funding and support for these efforts. When applying for the scholarship, applicants must highlight all major achievements and entrepreneurial activities they have undertaken. In addition to the focus on academic achievement, the Wallman Fellowship also provides financial support to help students start and run businesses.
Whitney M. Young Jr. Fellowship of the UCLA Anderson School of Management
The Whitney M, Young Jr. Fellowship for Women from UCLA Anderson School of Management provides financial aid to deserving female students. It is named for the late Whitney M. Young, who received the school’s highest award in 1997. The fellowship is also made possible through the generous support of Bill and Penny George, who have been active in HBS class reunion campaigns and philanthropic endeavors.
The fellows are the first class to benefit from the new program. The founders of the fellowship are former United States Navy Lieutenants Ina W. Coleman and Alan J. Wilson. They both attended college and graduate school on the GI Bill and are now on the HBS Advisory Board. Both alumni have a deep commitment to the mission of the school and to women.