The MIT Sloan School of Management is the private business school for Massachusetts Institute of Technology, located in Cambridge, Massachusetts, United States. Sloan School offers a variety of different degrees at all levels with their largest available program being their MBA program. MIT Sloan School of Management entertains a successful reputation as a school of invention and innovation. MIT Sloan is the birthplace of many of the most famous finance and management theories in the world today.
The Sloan School of Management has many MBA scholarship opportunities available for qualified applicants. The school offers many merit based MBA scholarships. Below we are going to look at a brief review of a few of the MBA scholarships available at the Sloan School of Management.
Master’s MBA Fellowships
Description: There are a limited amount of these MBA scholarships for first year MBA applicants. These MBA scholarships are permitted for all citizenships with outstanding academic histories. Every MBA applicant is considered for one of these scholarships. They are intended for applicants that can enhance the diversity of the class.
Award: These scholarships award anywhere from $5,000 to a fully funded MBA scholarship depending upon the candidates individuals need.
McKinsey MBA Scholarship
Description: This scholarship is intended for the first year of the MBA program. This MBA scholarship is intended for applicants with excellent academic history that demonstrate leadership qualities and a drive to impact the community around them. These scholarships are open to all MBA applicants.
Award: This scholarship awards $10,000 for the first year of study in the MBA program.
Merit MBA Scholarships: This scholarship is intended mainly for the second year of the MBA program. These scholarships recognize applicants that contribute academically to their surroundings as well as show outstanding leadership qualities. Some of the following merit MBA scholarships are:
- Seley MBA Scholarship
- Henry B DuPont III MBA Scholarship
- Henry Ford II MBA Scholarship
- Petersen Scholarship
- Miriam Sherburne MBA Scholarships
- Martin Trust Community Fellowship
Award: These scholarships award $1000 to $10,000 to be put towards tuition fees.
Siebel Foundation MBA Scholarships
Description: The Siebel Foundation awards up to five scholarships for second year applicants that should leadership qualities and show progressive academic achievements.
Award: This scholarship awards $35,000 to be put towards tuition fees in the second year of MBA studies.
- Applicants that wish to be considered for this scholarship must have a GPA of 4.9 or higher after their first year of the MBA program.
McGowan Fellowship MBA Scholarships
Description: This MBA scholarship is intended to help with the development of social, corporate, and political leadership on an international scale. The McGowan Fellowship awards up to ten scholarships to be applied to the top business schools in the world.
Award: These scholarships cover the full cost of tuition for the second year of their MBA programs.
- The applicant must have a GPA of at least 5.0 after the first year of their MBA programs.
- The applicant must demonstrate community engagements, leadership abilities, and individual financial need.
- Applicants are required to submit an essay.