The Complete MBA Scholarship Guide for Women

mba-scholarships-women-guideIn recent years, women have gained interest in acquiring an MBA Degree. In 2012-13, the average percentage of women who have earned an MBA degree in the U.S. was around 36.5%1. This percentage is in line with the numbers of female applicants who took GMAC tests world-wide in 20142.  Harvard and Wharton Business Schools have nearly 42%3 of women enrolling in their MBA programs. MIT’s Sloan Business reports the highest number of women ever enrolling into their program in 20144. What is certainly clear is that more women will be needed to fill leadership positions in the future5.

The Forte Foundation is at the forefront of promoting women’s role in business and supporting women taking up MBAs. They sponsor the Forte Fellows Program – an extensive MBA scholarship program for women, with nearly fifty schools participating, including 9 out of the top 10 of the top Global MBA programs on FT’s 20156 list. Some business schools have set up special recruitment programs and career advice programs targeted to women.  The Kellogg School of Management hosts an annual Women’s Leadership Workshop, as does Columbia Business School the Women Matter conference, Chicago’s Booth the Women Connect, London Business School the Women in Business conference,   all recruiting events for prospective MBA applicants.

In this reference guide, we’ll try to list a sampling of available MBA scholarships for women offered by universities, organizations, private sector and the government.

Forte Fellows Program
Forte Fellows Program offers fellowships to women of all nationalities for full-time, part-time, and executive MBA programs in selected business schools worldwide. Scholarships applications are facilitated through the participating business school. To date, schools have given nearly $68 million to more than 3,000 Forté Fellows7. The following are a sampling of some of the business schools that offer the Forte Fellows Program:

MBA Scholarships for Women at London Business School
London Business School is offering 3 scholarship programs for women in partnership with different organizations. Scholarships vary in range from £20,000 to 100% of first year’s fees. The newly introduced Lloyd’s Scholarship awards £30,000 to U.K. residents.

MBA Scholarships for Women at ESMT
ESMT has two scholarships dedicated to women ranging from € 15,000 to full tuition.

MBA Scholarships for Women at IMD
IMD offers 1 award each year for CHF 25,000.

MBA Scholarships for Women at INSEAD
INSEAD implements 5 scholarship programs for women students enrolled in their MBA program covering from $15,000 to € 15,000.

MBA Scholarships for Women at IE Business School
IE Business Schools has 3 scholarship programs. The Queen Rania and Women’s scholarships cover 40% of the tuiton, whereas the 85 Broads scholarship covers  €10,000.

IESE Scholarships for Women in Business
IESE offers these awards for women each year.

  • Women Talent Scholarship
  • Women in Business Scholarship

MBA Scholarships for Women at HEC
HEC Paris provides 3 scholarship programs (worth between €10,000 to €20,000) for female student enrolled in an MBA Programme at HEC.

ESADE Women of the World Scholarship
ESADE offers this scholarship to women each year.

  • The Women of the World Scholarship

SDA Bocconi Tuition-Fee Waivers for Women
SDA Bocconi School of Managemet offers one 70% and one 50% tuition waiver each year.

  • Partial Tuition Waiver – 70%
  • Partial Tuition Waiver – 50%

Cass Women in Business Scholarships
Cass Business School offers multiple awards of varying amounts to outstanding women enrolled in their full-time MBA program.

To view a complete list of MBA Scholarships for women, select By Target Group -> Women from the menu, or simply click HERE

1 Catalyst Women in MBA Summarized Statistics
2 Graduate Management Admission Council
3 Harvard MBA Stats – Wharton MBA Stats
4 MIT Sloan Newsroom
5 The Guardian – Gender Quota Regulations
6 Financial Times Global MBA Rankings in 2015
7 Forte Foundation

Image Credit: ©