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Top scholarships for MBA aspirants in 2022
Posted: May 21, 2022
A Master of Business Administration (MBA) degree can light up your CV and can also offer you a lucrative career. The two-year intensive course guarantees exceptional knowledge, ethics, and skillsets that make you stand out in the crowd. In a nutshell, MBA is one of the most economically gratifying courses for both young graduates and working professionals. However, is it possible and plausible to attain all this if the course is way too expensive? This is due to the following factors: the expense of global business trips, participation in real-world consulting assignments, hostel fees, among others, high tuition fees, conducting expensive workshops and other expenses.
The need of the hour is scholarships for MBA students so that no child sleeps with unattained dreams. Here’s how scholarships for MBA will offer utmost assistance to students who dare to dream big:
- In-build self-support: it will provide aid to needy students who aspire to be independent and pay their university fees single-handedly. It also lessens the burden on students to pick up side jobs to fund their education and sustain themselves. They will give 100 per cent to studying.
- No burden of loan repayment: Students across the globe apply for education loans to cover various expenses at university. And we all know MBA courses are expensive. The loan is repaid to the bank once a student finishes his or her education, however, students live with a burden to pay back the bank with hefty interest rates. Therefore, scholarships by B-Schools and universities will avert future financial troubles for young students.
- Work and study at the same time: With economic assistance, students pursuing MBA can also work, while studying the postgraduate course, during their free time. This is very much possible because students do not have to spend a lot of time in classrooms, especially in today’s world where virtual education is the "new" normal.
- High potential for lucrative job prospects: Students who successfully earn scholarships, based on their outstanding academic excellence, have greater chances of getting lucrative job opportunities in various business management sectors like finance, accounts, social media and digital marketing, building brand, marketing, entrepreneurship, etc.
Learn, earn and succeed without the financial burden
There are innumerable business schools in the country. However, only a few of them offer remarkable teaching and successful placements and decent scholarships to students. Among them is BML Munjal University (BMU), India’s leading college that offers world-class education to those who have a knack for management and business studies.
Scholarships for MBA students 2022 at BMU:
BMU offers MBA scholarships 2022 on merit-based. It is important to note that scholarships are awarded for the first academic year at BMU under its School of Management.
Students who are seeking a scholarship at BMU to pursue MBA must be excellent in education qualifications as only two students, under each category - 100% and 75% - of the tuition fee receive a scholarship in the first year.
Aspirants who score 90 percentile and above in CAT/XAT or 250 and above in NMAT are considered for the Dean’s Scholarships.
it is also advisable to apply as soon as possible for the Dean’s Scholarship as it has a lot of applicants and the number of seats is too less.
Candidates with nearly 75 percentile and above in the CAT, or almost 175 and above in NMAT have the chance to get merit scholarships, ranging from 10 per cent to 50 per cent.
Students should submit their financial aid application forms no later than March 31, 2022.
According to the Haryana Private Universities Act, at BMU, 25 per cent of students who are admitted under the Haryana Domicile category are also eligible to acquire full or partial tuition fee relaxation.
Educational scholarships are of huge help to students who are committed to achieving their dreams. They help a young aspirant attain knowledge, use it in the corporate world and succeed without feeling overburdened to pay debts, and interest rates. Helping a student grow will only produce more entrepreneurs, businesspersons and future leaders in the country that is already growing at a tremendous rate in terms of economy, urbanization and technology.I am an Educator, Counselor, Blogger! Explore the Advancements in the field of & Law Education, I Take it utmost priority to guide the students looking to nurture their career in the field of Management & Law studies. https://www.bmu.edu.in/