Fully Funded Scholarships For MBA Students 2024/2025

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Attending an MBA program can have numerous benefits; from boosting your career prospects to expanding your professional network, the advantages are vast. However, for many prospective students, the costs associated with such programs can seem prohibitive. 

If you fall into this category, fear not! There are numerous scholarships specifically aimed at MBA students that can greatly mitigate these costs. These scholarships not only alleviate the financial burden of tuition, but also enable recipients to focus on maximizing their educational experience. In this blog, we will focus on three fully funded scholarships for MBA students: Imd MBA Future Leaders Scholarships, Stanford University Scholarship, and ACI Foundation Scholarship.

Imd Mba Future Leaders Scholarships

The Imd MBA Future Leaders Scholarships are a boon for aspiring MBA students exhibiting potential for future leadership. These scholarships, provided by the prestigious International Institute for Management Development (IMD), are intended for ambitious individuals who exhibit strong leadership qualities and have a clear vision for their career.


  • Be a citizen of any country other than Switzerland
  • Have a strong academic record (typically a GPA of 3.5 or higher)
  • Have at least 3 years of work experience
  • Demonstrate strong leadership potential
  • Be able to submit an essay that clearly articulates your leadership vision and goals

How to apply:

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  1. Submit an online application form.
  2. Submit your academic transcripts.
  3. Submit your GMAT or GRE score report.
  4. Submit two letters of recommendation.
  5. Submit an essay that clearly articulates your leadership vision and goals.

In essence, the Imd MBA Future Leaders Scholarships are not just a source of financial aid but also a platform that nurtures the growth of future business leaders. The scholarships are an investment in a better future where leadership, innovation, and social impact are given top priority.

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Stanford University Scholarship

The Stanford University Scholarship, provided by the Stanford Graduate School of Business, presents a remarkable scholarship avenue for students pursuing their MBA. Unique to this program is the comprehensive assistance it offers, specifically targeted towards those who have not only proven exceptional in the academic realm, but also those who need financial aid.


  • Stanford Dhirubhai Ambani Scholarship: Awarded to Indian students demonstrating exceptional academic achievement and leadership potential.
  • AMA Medical Scholarship: Supports future medical professionals with demonstrated financial need and commitment to serving underserved communities.
  • Stanford Global Scholarships: Recognize outstanding international students demonstrating exceptional academic achievement and intellectual curiosity.


  • Need-based scholarships: Automatic consideration upon admission application. No separate application required.
  • Merit-based scholarships: Deadlines vary, typically November 1st for Early Action and January 5th for Regular Decision. Applications submitted through the Common Application or Coalition Application. Strong essays highlighting academic achievements, leadership qualities, and contributions to community are crucial.

 This allows them to fully concentrate on their studies and making the most of their MBA program at Stanford. This scholarship truly embodies Stanford’s belief in nurturing talent and helping deserving students realize their full potential, irrespective of their financial background.

Apply Now 

Read Also: Fully Funded Scholarships For Students With Glasses

ACI Foundation Scholarship

For students pursuing an MBA with a specialization in construction management or a similar field closely linked to the concrete industry, the ACI Foundation Scholarship serves as a valuable funding resource. Aimed at fostering the growth of the concrete industry, these scholarships reflect the ACI Foundation’s commitment to investing in future leaders who will shape this sector.


  • Varies by scholarship: Some are open to undergraduate or graduate students, while others are specific to certain degree programs or research areas.
  • Most require full-time enrollment and good academic standing.
  • Some are open to international students enrolled in U.S., Canadian, or Mexican institutions.
  • Demonstrated interest and commitment to a career in concrete is essential.

Types of Scholarships:

  • ACI Foundation Fellowship: Up to $15,000 awarded to graduate students in any field related to concrete. May require a summer internship.
  • ACI Foundation Concrete Practitioner Fellowship: Up to $10,000 awarded to undergraduate students interested in construction or design careers using concrete.
  • Roger S. Weinberg Scholarship: $5,000 awarded to a graduate student pursuing full-time studies in concrete.
  • Other named scholarships: Several awards recognize specific accomplishments or areas of study within the concrete field.

In sum, the ACI Foundation Scholarship is more than just a financial aid package. It is a strategic investment in future industry leaders, providing them with the resources they need to excel in their studies and their subsequent careers in the concrete industry.  

Apply Now 


Can I get a 100% scholarship for MBA in USA?

While it’s possible to obtain scholarships to help cover the cost of an MBA program in the USA, securing a 100% scholarship to cover all expenses is rare. MBA scholarships may cover a portion of tuition fees, living expenses, or other costs associated with the program. However, applicants should explore various scholarship opportunities, including those offered by universities, private organizations, and government agencies, to help offset the cost of their MBA studies.

How can I study MBA for free in USA?

Studying for free in the USA typically requires securing a fully funded scholarship or financial aid package that covers all expenses related to the MBA program. While obtaining a full scholarship for an MBA program can be challenging, applicants can increase their chances by researching and applying to scholarship opportunities, maintaining a strong academic record, demonstrating leadership skills, and showcasing their potential for success in the business field.

Do MBA students get a stipend in USA?

Some MBA programs in the USA may offer stipends or fellowships to students to help cover living expenses or offset the cost of tuition. Stipends are typically awarded based on academic merit, financial need, or participation in research or teaching assistantship roles within the program. However, not all MBA programs provide stipends, and the availability and amount of stipends may vary depending on the institution and specific program.

Can you get a full scholarship for MBA at Harvard?

While Harvard Business School offers financial aid and scholarship opportunities to MBA students, obtaining a full scholarship to cover all expenses is highly competitive. Harvard Business School’s financial aid program is need-based, and scholarships are awarded based on financial need, academic merit, leadership potential, and other criteria. Applicants should apply for financial aid and explore scholarship opportunities available through Harvard Business School to help finance their MBA education.

How much does Harvard MBA cost?

The cost of attending Harvard Business School’s MBA program is significant, with tuition and fees totaling over $140,000 per year. In addition, students should also budget for living expenses, books, and other expenses. However, there are a number of financial aid options available, including scholarships, loans, and work-study programs. In addition, Harvard Business School offers a need-based financial aid program that covers up to 100% of the cost of attendance for eligible students. With careful planning and research, it is possible to finance a Harvard MBA degree without incurring excessive debt.


The financial hurdle of pursuing an MBA can seem daunting. However, numerous scholarships such as the Imd MBA Future Leaders Scholarships, Stanford University Scholarship, and ACI Foundation Scholarship offer full funding, aiding ambitious students in realizing their dreams. These scholarships, while diverse in their targeted student profiles and application requirements, are united in their shared mission: to ensure that financial constraints don’t impede students from maximizing their educational experience and achieving their professional goals.

In the end, these fully funded scholarships are much more than just financial aid – they are gateways to enriched learning experiences, lifelong professional relationships, and successful careers. Hence, it’s worth exploring these opportunities as you chart your path towards an MBA and beyond.

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