MBA funding for Indian applicants

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MBA funding for Indian applicants

by Shibojyoti » Sat Jun 28, 2014 3:48 pm
Hi,

I am new to this forum and wanting some information about funding the MBA program in US.
As every school has information provided in their website but I ma not sure what would be the best possible scholarships available for Indian students in US?

To summarize, scholarship information for the below schools are required:

1. Booth
2. CBS
3. Duke
4. Wharton
5. INSEAD (Not a US one but kept in this list)
6. HAAS


Also, does it cover the living expense to some extent?

Suggestions appreciated.


Cheers,
Shib

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by fxmbaconsulting » Mon Jun 30, 2014 10:36 am
Hi Shib,

I've never heard of any specific scholarships for Indian candidates at the schools you listed. All schools have various scholarships - some based on academic performance, others focused on minority groups. Wharton has Emerging Economy Fellowships that you might look into. In general there is a negative correlation between the average salary when you exit a graduate program and the amount of scholarships on offer. Since the post-MBA salary is among the highest of all grad programs....the scholarships are the least plentiful.

Best,
Leah
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by MBAPrepAdvantage » Mon Jun 30, 2014 4:42 pm
INSEAD has a page of all of its international scholarships (https://mba.insead.edu/schlmgmt/). Indians are eligible for the Louis Vuitton Scholarship - https://mba.insead.edu/schlmgmt/dsp_schl ... e=ASIA%202.

Within the U.S., I do not know offhand any specific scholarships for those schools targeted towards candidates whose Citizenship is India.

Certain schools like Columbia Business School offer merit-based scholarships if your application is extremely competitive (https://www8.gsb.columbia.edu/programs-a ... ellowships). Other schools like Stanford GSB do not offer general merit scholarships (https://www.gsb.stanford.edu/programs/mb ... ellowships). Some schools, like Stanford GSB targets regions like Africa with regional based fellowships (https://www.gsb.stanford.edu/programs/mb ... fellowship). These fellowships, however, are targeted to find qualified applicants from underrepresented regions - which India is not. You should visit the Financial Aid page of every school to which you are considering as the information will be there. You will also find links to outside scholarships (https://www.gsb.stanford.edu/sites/gsb/f ... 2014_0.pdf). You also need to look at which schools offer international loans without a U.S. co-signer. Columbia Business School does not offer international loans without a U.S. co-signer.

I hope this gives you a framework for your research.

Best of luck,
Michael Cohan
MBAPrepAdvantage Founder & AIGAC Board Director
305-604-8178
www.mbaprepadvantage.com

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