Pursuing a degree in business and entrepreneurship can be an exciting and rewarding journey, offering opportunities to develop leadership skills, create innovative solutions, and drive economic growth. However, the financial burden of tuition and other expenses can be a barrier for many students. Fortunately, there are numerous scholarships specifically designed for aspiring business leaders and entrepreneurs. Here’s a list of top scholarships available in 2025 for students in business and entrepreneurship.
1. Schwarzman Scholars Program
The Schwarzman Scholars Program is a prestigious scholarship designed for future global leaders pursuing a Master’s degree in Global Affairs with a focus on leadership and business.
- Benefits: Full tuition, travel costs, room and board, and a stipend.
- Eligibility: Open to students from all countries with a bachelor’s degree and demonstrated leadership skills.
- Application Process: Submit an online application, including essays, transcripts, and recommendation letters.
2. Fulbright Foreign Student Program
The Fulbright Program offers fully funded opportunities for international students to study business and entrepreneurship in the United States.
- Benefits: Covers tuition, airfare, a living stipend, and health insurance.
- Eligibility: Strong academic performance, leadership potential, and a clear study/research proposal.
- Fields of Study: Business administration, entrepreneurship, and related fields.
3. Hult International Business School Scholarships
Hult International Business School offers merit-based and need-based scholarships to students pursuing undergraduate or graduate degrees in business.
- Benefits: Partial or full tuition coverage depending on the scholarship.
- Eligibility: Academic excellence, leadership experience, and financial need.
- Application Process: Apply directly through Hult’s admissions portal.
4. Stanford Graduate School of Business (GSB) Fellowships
Stanford GSB provides fellowships to help MBA students offset tuition costs, encouraging diversity and innovation in the business world.
- Benefits: Up to full tuition for the two-year MBA program.
- Eligibility: Demonstrated leadership, strong academic background, and financial need.
- Fields of Study: MBA with a focus on entrepreneurship and innovation.
5. QS Leadership Scholarship
The QS Leadership Scholarship supports students who demonstrate exceptional leadership potential and a commitment to advancing their careers in business.
- Benefits: Up to $10,000 in funding.
- Eligibility: Open to applicants for business-related master’s or MBA programs.
- Application Process: Submit a personal statement highlighting leadership achievements.
6. AMBA Scholarships
The Association of MBAs (AMBA) offers scholarships to outstanding MBA students enrolled in accredited business schools worldwide.
- Benefits: Partial tuition funding.
- Eligibility: Enrolled in an AMBA-accredited MBA program and showcasing strong leadership and entrepreneurial skills.
- Application Process: Complete an essay and provide supporting documents.
7. Forté Foundation Fellowships
Forté Foundation Fellowships are designed to support women pursuing MBA programs at leading business schools, encouraging gender diversity in leadership roles.
- Benefits: Varies by institution; includes tuition assistance and networking opportunities.
- Eligibility: Female candidates with a strong academic record and leadership potential.
- Fields of Study: Business, entrepreneurship, and related fields.
8. The Skoll Scholarship (University of Oxford)
The Skoll Scholarship is offered by the Saïd Business School at the University of Oxford to MBA students passionate about entrepreneurship for social impact.
- Benefits: Full tuition for the MBA program and partial living expenses.
- Eligibility: Entrepreneurs with experience addressing social or environmental challenges.
- Application Process: Apply to the Oxford MBA program and complete the Skoll Scholarship essay.
9. Global Student Entrepreneur Awards (GSEA)
GSEA is a competition and scholarship program for student entrepreneurs who are actively running businesses while pursuing their studies.
- Benefits: Cash prizes, networking opportunities, and mentorship.
- Eligibility: Undergraduate or graduate students who own a business.
- Application Process: Submit a business proposal and participate in regional competitions.
10. Kauffman Foundation Scholarships
The Kauffman Foundation supports students passionate about entrepreneurship through various scholarships and grants.
- Benefits: Financial support for tuition and entrepreneurial projects.
- Eligibility: High school seniors, undergraduates, and graduates with an interest in entrepreneurship.
- Application Process: Check specific programs under the Kauffman Foundation.
Tips for Scholarship Applications
- Research Early: Start exploring scholarships well in advance of application deadlines.
- Customize Applications: Tailor your essays and supporting documents for each scholarship.
- Highlight Achievements: Emphasize leadership roles, entrepreneurial projects, and academic excellence.
- Seek Recommendations: Obtain strong reference letters from professors or employers.
- Follow Instructions: Adhere to guidelines and submit all required documents.
Conclusion
Top scholarships for students in business and entrepreneurship offer valuable financial support, enabling aspiring leaders to pursue their academic and professional dreams. By researching available opportunities and preparing strong applications, students can unlock the resources needed to excel in their educational journey. Explore these scholarships today and take the first step toward building a successful career in business and entrepreneurship.