[imnotrahul]

Hii Every1,

Im new to this site and found one particular area, in which all of us are intrested,missing.The Scholarships : Where are they? How much ? How to apply? Eligibility criteria.. at al.
My knowledge is very limited and input from all of u is welcome to Discuss various options available for meritorious students who would need scholarships.

Two scholarships I know about and my friend got were
1) HEC college ( He got 30% scholarship and rest a French bank is funding)
2) Commonwealth Scholarship

Lets talk about them and various other options available....

And Hey A Very Merry Christmas to u all!!!!!!!!!!!

[Psychodementia]

Scholarship for what ?

[Vipin_Singh]

I am assuming you are talking about Schols for Int'l B-school education.

I got a li'l more from HEC-Paris and some from QS Top MBA. But the french banks stopped funding int'l students for Gauranteed loans this year onwards so I couldn't join HEC. Similar story at 2 other top int'l non US B-schools. Ain't I lucky

There are very few scholarships for an MBA and they vary depending on the country and university. B-schools in US starting from top 15 - 20 and then lower down dole out generously depending on the strength of International applications ( read a lot of GMAT in that)

P.S: I am applying again for fall 2006 year so I am only commenting based on my experiences so far and from whatever I have observed on the world wide web.

[yogesh11881]

Originally Posted by imnotrahul

Hii Every1,

Im new to this site and found one particular area, in which all of us are intrested,missing.The Scholarships : Where are they? How much ? How to apply? Eligibility criteria.. at al.
My knowledge is very limited and input from all of u is welcome to Discuss various options available for meritorious students who would need scholarships.

Two scholarships I know about and my friend got were
1) HEC college ( He got 30% scholarship and rest a French bank is funding)
2) Commonwealth Scholarship

Lets talk about them and various other options available....

And Hey A Very Merry Christmas to u all!!!!!!!!!!!

hi!

I think a very important point of discussion has been raised. For me schols was one of the most imp criteria for joining a school. As I have applied to US B-schools only, my views may be valid for them only.

If you leave the Top 15-20 schools, lower down the order there are many chances for schols. They will range from a few thousand $ to full tution waiver.

While searching B-schools with an eye on scholarship opportunities:

1) One should also look at which place schools are located because if the school has a good reputation and placement(Rankings in short) and it is situated in a large city say Newyork or chicago. Then it has a big pool of applicants and hence a wider choice to select from. So even if they don't offer the carrot of scholarship (or say substantial schol) then also they can have a class of talented people.
On the other hand if the school is situated in not so big place then they would try to attract meritorious applicants by giving substantial schols.
Of course one has to factor in the amount of funds the college has.

2) Second criteria: For people wishing to have full tuition waiver, they have to look at school's and State rules also. For eg. A school in Texas can at max. offer you In-state tuition. So even in best case you have to pay In-state tuition from your pocket.

3) The third important criteria is to know the Class profile of the school. Say the Average GMAT is 640 and your GMAT score is 700+. And you have a decent to good Undergrad GPA then u are in the competition for schols.

4) Apply Early : You would always get some advantage by applying early. Try to apply in Round1.

5) Contact current students: Try to get school’s funding scenario from the current students

I hope this is helpful. Happy christmas

[djikstra]

hey guyz!!!!
As far as i know( from frends abroad...) there are very few scholls available for MBA in the US............infact the word scholarship in itself is a misnomer as scholarships are offerred at the undergrad level................at the graduate level....only fellowships and Teaching assistant ships and research assistantships are on offer and most of these are for MS ppl who are employed by the profs..............in a B-school this is very less.....so chances of financial aid are very less in case of an MBA..................neways this is my view( to the best of my knowledge)...............wat u can do is apply for a student loan (either in india or abroad).......that will take care of ur finances.....
cheerz....

[Hobbes]

Originally Posted by Vipin_Singh

I am assuming you are talking about Schols for Int'l B-school education.

I got a li'l more from HEC-Paris and some from QS Top MBA. But the french banks stopped funding int'l students for Gauranteed loans this year onwards so I couldn't join HEC. Similar story at 2 other top int'l non US B-schools. Ain't I lucky

There are very few scholarships for an MBA and they vary depending on the country and university. B-schools in US starting from top 15 - 20 and then lower down dole out generously depending on the strength of International applications ( read a lot of GMAT in that)

P.S: I am applying again for fall 2006 year so I am only commenting based on my experiences so far and from whatever I have observed on the world wide web.

Hey Vipin,

How did you go about the WorldMBA schol? I mean the procedure etc. I read in some mailer of worldMBA that a Vipin Singh got their schol from India, but didnt think it would be the same Vipin Singh

Also, whats this funda abt Parisian banks not extending loans to Indian students? Didnt know abt this :eh:

thanks!

[Simpu_21]

Hello every one,
Some nice inputs from poeple please keep em pouring.
When ever i see the fees of US MBA schools they are almost 40K USD for a year...thats approx 20 lakhs INR ie 40 lakhs tution for just the MBA.Cost of Staying there is separate?How does techie with 2-3 exp manage such finances.

Now i know i NOT am in wharton candidature leauge ...but their fees is 67$ per year?It makes me think , are top MBA coe only for the rich kids?

[Vipin_Singh]

Originally Posted by Hobbes

Hey Vipin,

How did you go about the WorldMBA schol? I mean the procedure etc. I read in some mailer of worldMBA that a Vipin Singh got their schol from India, but didnt think it would be the same Vipin Singh

Also, whats this funda abt Parisian banks not extending loans to Indian students? Didnt know abt this :eh:

thanks!

Yeah..I try and not sound like a scholarship deserving kind of guy

After attending the Top MBA tour I applied through their website. Apart from the usual stats I remember they had a question, which was supposedly assessing leadership experience and leadership potential.

The banks abroad offer loans but only if we can get a guarantor who is a French Citizen or get a guarantee from a bank in India, like SBI. I didn't have either guarantees.

[sidrah]

hi all!!

Just wanted 2 ask how imp is work exp....in either us or uk do they admitr students w/o work exp? n how much in advance must one apply ......
wat r the scholarship options?
also..nyone goin in 4 m.s program instead of mba..to avoid work exp aberrant?...

[djikstra]

Originally Posted by Simpu_21

Hello every one,
Some nice inputs from poeple please keep em pouring.
When ever i see the fees of US MBA schools they are almost 40K USD for a year...thats approx 20 lakhs INR ie 40 lakhs tution for just the MBA.Cost of Staying there is separate?How does techie with 2-3 exp manage such finances.

Now i know i NOT am in wharton candidature leauge ...but their fees is 67$ per year?It makes me think , are top MBA coe only for the rich kids?

well man u r rt that Top MBAs are only for rich kids............take this for a fact.....in top B-schools in the US.......at least 50% of the class is under debts....till the time they finish MBA......and mind u thy r the guys who have earned for an average of 5-7 yrs before embarking on an MBA trip............
but dont loose heart......there are other options as well.......if u r willing to sacrifice that brandname u cn get plnty of better deals...............for one try the b-schools of state universities in the US.....they are cheaper.......and there are a few really gud b-schools among them......................
best of luck......