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Which B-Schools have a strong chance of granting scholarship

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Which B-Schools have a strong chance of granting scholarship

by Sawanda » Tue May 10, 2011 1:49 am
Hello,

My profile is as follows:

1. GMAT Score - 770
2. Work Experience - 4 years at Oracle India Pvt Ltd
3. Under-Grad GPA - 7.8 on 10 (around 3.6 on 4 i guess)
4. Work-Ex details - Have won 3 awards for exceptional performance. Have shown good team work spirit. Have initiated a few events towards team building. Have conducted various events. Have represented company in inter-corporate cricket. Have good amount of customer interactions. Have been module lead in two projects.
5. Extra-Curricular - Have won National level awards in 3 events at college. Have represented college and company in Cricket. Have been part of Rotaract in School, Institution of Engineers in College.

I want to know which colleges I should apply to if I hope to get a scholarship to do my MBA. I am really banking on the scholarship as I won't be in a position to procure enough loan to see me through the course.

Thanks,
Sawan
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by paulsbodine » Tue May 10, 2011 10:08 am
Sawan,

Strong profile though the leadership is not so clear. To improve your chances of winning a scholarship you should apply to schools where your profile is significantly stronger than the average profile. This would include a large number of schools in your case, so tell me what your post-MBA goals are and what level or type of school you are not interested in attending. To give you a rough starting point, I would say your chances of a scholarship would increase significantly beyond Business Week's top 25 schools or to put it another way, at schools where the class median GMAT is in the high 600s or below your chances of a scholarship would be highest.

Hope this helps,
Paul Bodine
Author, "Great Applications for Business School," "Perfect Phrases for Business School Acceptance," "Perfect Phrases for Letters of Recommendation"
https://www.paulsbodine.com/
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(858) 869-1959
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by Sawanda » Wed May 11, 2011 3:19 am
Hi Paul,

Thanks for the reply. It really helps to know what an experienced person thinks. I have a few follow up questions to your reply:

From your response, it seems to me that a good GMAT score would be an important criterion in deciding on granting scholarships. Is this true? If not, what are the other criteria that go into deciding a grant to a student?

I am hoping to get admission in one of the top-25 B-Schools. I am looking at Columbia as an 'ambitious' school. What are my chances of procuring a scholarship at Columbia, assuming I get an admit there? I am yet to short-list all the B-Schools that I will be applying to. Currently trying to get details to see if Columbia is feasible.

Thanks,
Sawan
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by paulsbodine » Wed May 11, 2011 7:57 am
Sawan,

Yes, a GMAT higher than the target school's median is helpful. Other criteria are GPA career progress: i.e., atypical career pace and evidence of leadership. Without knowing your profile, it's impossible to say what your chances of a scholarship at Columbia would be. Even then, it would only be a guess. The fact that you are a male Indian technologist means you belong to a very common applicant pool, which would make it harder for you to stand out as someone that Columbia would want to attract with scholarship money. Of course, scholarships based on need and specific region (such as scholarships for Indians) would be a different question.

--Paul
Paul Bodine
Author, "Great Applications for Business School," "Perfect Phrases for Business School Acceptance," "Perfect Phrases for Letters of Recommendation"
https://www.paulsbodine.com/
[email protected]
(858) 869-1959
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