MBA Scholarships for Women: Guide to MBA Scholarships in the USA

MBA Scholarships for Women
MBA Scholarships for Women

MBA Scholarships for Women: In recent years, there has been a growing acknowledgment of the imperative need to empower women in leadership roles within the business realm. Recognizing the pivotal role of a Master of Business Administration (MBA) in shaping future leaders, numerous scholarships have emerged to support women pursuing MBA programs in the United States.

This guide aims to delve into the details of prominent scholarships, shedding light on their mission, application process, and impact on the journey of aspiring female business leaders.

Forté Foundation Scholarships

The Forté Foundation, a distinguished non-profit organization, stands as a stalwart supporter of increasing the representation of women in MBA programs and leadership positions. Their commitment is reflected in a multifaceted approach encompassing both fellowships and scholarships.

  • Fellowships and Scholarships: Forté offers prestigious fellowships and scholarships designed to provide financial support and foster a sense of community among women pursuing MBA degrees.
  • Networking Opportunities: Beyond financial aid, Forté provides a unique networking platform and career resources, enriching the overall MBA experience for women.

How to Apply: Navigate to the Forté Foundation’s official website for comprehensive details on available scholarships, eligibility criteria, application procedures, and deadlines.

American Association of University Women (AAUW)

The AAUW, with a rich legacy of promoting education and equity, extends its support to women pursuing graduate and postgraduate studies, including MBA programs. A hallmark of their offerings is the Career Development Grant, tailored to empower women seeking career advancement or transition.

  • Career Development Grant: This specific grant addresses the unique needs of women with a bachelor’s degree, providing financial support while fostering a sense of community and mentorship.
  • Community Support: AAUW actively cultivates a community of women scholars, offering mentorship and networking opportunities alongside financial aid.

How to Apply: Embark on a journey of exploration through the AAUW website to access comprehensive information on available scholarships, application guidelines, and deadlines.

Jane M. Klausman Women in Business Scholarship

Sponsored by Zonta International, the Jane M. Klausman Women in Business Scholarship is a global initiative supporting women pursuing undergraduate or master’s degrees in business management. Its unique structure operates at various levels, providing both global reach and localized empowerment.

  • Global Reach: The Klausman Scholarship transcends borders, offering global opportunities for women pursuing business education.
  • Empowering Local Chapters: By strategically supporting local Zonta chapters, the scholarship contributes to the empowerment of women at both regional and international levels.

How to Apply: For details on the application process, eligibility criteria, and key deadlines, visit the Zonta International website.

Ellevate Network Scholarships

Ellevate Network, a global professional women’s network, is dedicated to offering scholarships that transcend traditional financial aid. Beyond monetary support, Ellevate’s scholarships are crafted to provide holistic professional development opportunities for women in business.

  • Professional Development: Ellevate’s scholarships go beyond financial aid, encompassing tailor-made professional development opportunities for women in business.
  • Exclusive Network Access: Recipients gain access to an extensive network of professional women, fostering mentorship and collaboration.

How to Apply: Explore the Ellevate Network website for detailed insights into available scholarships, application procedures, and deadlines.

National Black MBA Association (NBMBAA) Scholarships

While not exclusively for women, NBMBAA offers scholarships geared towards supporting underrepresented minorities, including women, pursuing MBA degrees. It is a testament to the association’s commitment to promoting diversity and inclusion in business education.

  • Diversity and Inclusion: NBMBAA actively promotes diversity and inclusion in business education, offering support to women of color pursuing MBA degrees.
  • Networking Events: Scholarship recipients gain access to NBMBAA’s dynamic events, enriching their networking opportunities within the vibrant business community.

How to Apply: Visit the NBMBAA website for comprehensive information on available scholarships, eligibility criteria, and application procedures.

Association of Women in International Trade (WIIT) Charitable Trust

The WIIT Charitable Trust takes a unique approach by offering scholarships for women pursuing graduate studies, including MBA programs, with a specific focus on international trade. This international perspective aligns with the evolving global nature of business.

  • International Perspective: The WIIT scholarships emphasize the importance of an international perspective in business education for women.
  • Trade and Business Integration: By focusing on international trade, the scholarship aligns with the evolving global nature of business.

How to Apply: For detailed information on available scholarships, application requirements, and deadlines, explore the WIIT Charitable Trust website.

Graduate Women International (GWI) Scholarships

GWI, with a global perspective, provides scholarships to women pursuing graduate-level studies, including business and management programs. These scholarships not only cater to women worldwide but also foster community engagement and cross-cultural connections.

  • Global Scholarships: GWI’s offerings are designed to cater to women worldwide, promoting global collaboration and understanding in business education.
  • Community Engagement: Scholarship recipients become integral members of a global community of women scholars, fostering cross-cultural connections.

How to Apply: Navigate through the GWI website for comprehensive details on available scholarships, application procedures, and deadlines.


As women continue to break barriers in the business world, these scholarships play a pivotal role in providing crucial financial support for their educational journeys. By leveraging these opportunities, aspiring female business leaders not only further their education but also contribute significantly to fostering a more diverse and inclusive corporate landscape.


Q: Can I apply for multiple scholarships simultaneously?

A: Yes, applicants are generally encouraged to apply for multiple scholarships. Ensure that you carefully review the eligibility criteria for each and adhere to the respective application deadlines.

Q: What documents are typically required for scholarship applications?

A: Commonly required documents include academic transcripts, letters of recommendation, a personal statement, and, in some cases, a resume. Specific requirements may vary, so be sure to check each scholarship’s guidelines.

Q: How competitive are these scholarships?

A: The level of competition varies among scholarships. It’s advisable to showcase your unique achievements, experiences, and aspirations effectively in your application to stand out.

Q: Are these scholarships only for full-time MBA programs?

A: The eligibility criteria may vary. Some scholarships may be applicable to part-time or executive MBA programs. Review the requirements for each scholarship to determine the programs they support.

Remember to check the official websites of these organizations for the most up-to-date information on scholarship availability, application processes, and frequently asked questions. Wishing you the best of luck in your pursuit of empowering education and a thriving career!

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