Are you a Business administration Student and you want to seek an education advancement to Canada? You are in the right place. This content was written purposely to enlighten you more about the steps and procedures on how to acquire an MBA Scholarship in Canada.
Before we delve into the main section of this content, firstly you need to know that the MBA Scholarship is not a thing that you can just acquire easily, you need to have an outstanding educational background and also meet up with the other eligibility requirements. What are these requirements and how can you apply? Keep scrolling for more information.
If you are interested in pursuing a master’s degree in business administration in Canada, you might be Wondering about the bulky tuition fees and other fees that come with the admission. However with the MBA Scholarship, you won’t have to worry about that.
Although not all MBA scholarships come with a fully paid tuition fee, some will pay for half the fees while some will sponsor the fees fully. However this depends on the sponsorer and types of scholarship you are applying for. Moving forward, let’s quickly delve into the heart of this content.
What Is An MBA Scholarship?
Canada is a home for varieties of opportunities, the availability of prestigious schools and scholarships is definitely an object of attraction for students all over the world looking to further their education career into the country.
To pursue an MBA degree in Canada, you need to be ready to pay a large sum of money as the tuition fee is quite high. If you are awarded the scholarship, you won’t have the need to pay for these fees as the scholarship will cover half of the fees or even the whole fee.
Types Of MBA Scholarship In Canada
Ontario Graduate Scholarship:
This scholarship program is one of the most popular and common MBA Scholarships. It is mainly for international students looking to pursue an MBA in Canada. The value of the scholarship can be worth up to 5,000 per term and up to a maximum of $15,000 per academic year. To be eligible, you must be enrolled in graduate studies in master’s or doctoral level, must be pursuing a full-time program comprising 2 or more terms, must be attending a participating Ontario school.
Alberta MBA Scholarships:
The Alberta School of Business is popular in Canada, as the schools name implies the university offers a range of scholarships for international students pursuing an MBA. However you should know that These scholarships are granted based on both merit and financial need, and it will definitely grant you financial support for the entire duration of the MBA program.
This scholarship includes the AIMCo MBA Award which is only Offered annually to full-time MBA students that specializes in finance. And also the Claude Winspear MBA Award which is offered to students that possess leadership skills with outstanding academic credentials also they must be enrolled in a full-time MBA program at Alberta University.
Rotman School of Management Scholarships:
The Rotman School of management is exceptionally popular for its scholarships grants. The school is said to award entrance scholarships, fellowships, and other awards to one-third of its students each year. Their entrance award and fellowship scholarship are granted to students enrolled in Morning & Evening MBA programmes. You don’t have to submit an application or documents for this as you automatically qualify if you enroll at the school. However your past academic performance will be used to judge whether you deserve the scholarship or not.
Another popular Rotman School of management scholarship is the one awarded Five Women in Business Excellence Awards of $10,000. To be eligible, students need to fulfill the MBA programme admission requirement, and must also have a high test score in TOEFL/IELTS and GMAT.
Ivey MBA Scholarships
Another popular MBA scholarship in Canada is the Ivey MBA Scholarships. This scholarship grants students Amounts ranging from $10,000 to half tuition. To be eligible for this scholarship, you need to have an outstanding educational performance and also have leadership potential.
Other scholarship includes:
- Haskayne School of Business MBA Entrance Scholarships which helps the international students who are in need of financial support. The scholarship value is between $1,500 and $20k per individual.
- Sauder School of Business Entrance Scholarship: the scholarship is for candidates who have talents and also the potential to be on Sauder’s global brand and it worths $10,000 – $15,000
How To Apply For MBA Scholarships In Canada
- Conduct Research: making research will give you access to more information about the scholarship. With the research, you will get to know about the eligibility requirements, how to apply and also the scholarship application deadline.
- Prepare the application documents: find and make your documents available as it will be used to evaluate you. During this process, make sure you have all the required documents as failure to do so will automatically lead to disqualification.
- Submission of the documents and applications: after getting all the required documents and applications, proceed to the submission stage.
- Prepare For an interview
Getting the scholarship might not be easy, but you mustn’t give up easily. With one of the above mentioned scholarships, you won’t have to bother about the bulky MBA tuition fee. For More information, Scroll up and read carefully.