Insurance UpdateAustralia is one of the most popular destinations for MBA students who want to gain a globally recognized degree, access a diverse and dynamic business environment, and enjoy a high quality of life. However, pursuing an MBA in Australia can also be quite expensive, as the average tuition fee for a full-time MBA program is around A$58,000.
Fortunately, there are many scholarships available for MBA students in Australia, both from the government and the private sector. These scholarships can help you reduce the financial burden of your MBA studies and achieve your career goals. In this article, we will introduce you to the top 10 scholarships in Australia for an MBA that you can apply for in 2024.
1. The Kraft Heinz Scholarship, Melbourne Business School
The Kraft Heinz Scholarship is a prestigious scholarship offered by the Melbourne Business School (MBS) in partnership with the Kraft Heinz Company, one of the largest food and beverage companies in the world. The scholarship is open to students who are enrolled in the full-time MBA program at MBS, and who have demonstrated academic excellence, leadership potential, and a passion for the food industry. The scholarship covers the full tuition fee of the MBA program, which is A$89,5002, as well as a living stipend of A$30,000. To apply, you need to submit an online application, a resume, a personal statement, and two references.
2. AGSM Full-time MBA Scholarships
The Australian Graduate School of Management (AGSM) at the University of New South Wales (UNSW) offers a range of scholarships for students who are enrolled in the full-time MBA program. The scholarships are based on various criteria, such as academic merit, diversity, leadership, social impact, and entrepreneurship. The scholarship amount varies from A$10,000 to A$50,000, depending on the type and number of scholarships awarded. To apply, you need to submit an online application, a resume, a personal statement, and two references.
3. Monash MBA International Women In Leadership Scholarship
The Monash MBA International Women In Leadership Scholarship is a special scholarship offered by the Monash Business School to support female students who are pursuing the full-time MBA program. The scholarship is open to students who have a minimum of three years of work experience, and who have demonstrated leadership skills, professional achievements, and a commitment to advancing women in business. The scholarship covers 100% of the tuition fee of the MBA program, which is A$73,600. To apply, you need to submit an online application, a resume, a personal statement, and two references.
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4. MBA Intensive International Prestige Scholarships
The MBA Intensive International Prestige Scholarships are offered by the Curtin Graduate School of Business (CGSB) to attract and reward high-achieving international students who are enrolled in the MBA Intensive program. The MBA Intensive program is a one-year accelerated MBA program that combines academic rigor, practical relevance, and personal development. The scholarship covers 50% of the tuition fee of the MBA program, which is A$51,600. To apply, you need to submit an online application, a resume, a personal statement, and two references.
5. Adelaide MBA Scholarship
The Adelaide MBA Scholarship is a merit-based scholarship offered by the University of Adelaide to students who are enrolled in the full-time or part-time MBA program. The scholarship is open to students who have a minimum of two years of work experience, and who have achieved a high level of academic performance, professional accomplishments, and leadership potential. The scholarship covers 50% of the tuition fee of the MBA program, which is A$49,500 for full-time students and A$41,250 for part-time students. To apply, you need to submit an online application, a resume, a personal statement, and two references.
6. Queensland Business School MBA Student Scholarships
The Queensland Business School MBA Student Scholarships are offered by the Queensland University of Technology (QUT) to students who are enrolled in the MBA or Executive MBA program. The scholarships are based on academic merit, professional experience, and leadership potential. The scholarship amount ranges from A$5,000 to A$20,000, depending on the type and number of scholarships awarded. To apply, you need to submit an online application, a resume, a personal statement, and two references.
7. Macquarie University Global MBA Alumni Scholarship
The Macquarie University Global MBA Alumni Scholarship is a unique scholarship offered by the Macquarie Business School to students who are enrolled in the Global MBA program. The Global MBA program is an online MBA program that focuses on developing the skills and mindsets of future leaders in a rapidly changing world. The scholarship is open to students who are alumni of Macquarie University or its partner institutions, and who have demonstrated academic excellence, professional achievements, and social impact. The scholarship covers 100% of the tuition fee of the MBA program, which is A$33,000. To apply, you need to submit an online application, a resume, a personal statement, and two references.
8. Research School Of Management MBA Scholarship
The Research School Of Management MBA Scholarship is a competitive scholarship offered by the Australian National University (ANU) to students who are enrolled in the full-time MBA program. The scholarship is open to students who have a minimum of five years of work experience, and who have demonstrated academic excellence, leadership skills, and career aspirations. The scholarship covers 50% of the tuition fee of the MBA program, which is A$59,400. To apply, you need to submit an online application, a resume, a personal statement, and two references.
9. University of Western Australia MBA Full Time Intensive Scholarships
The University of Western Australia MBA Full Time Intensive Scholarships are offered by the UWA Business School to students who are enrolled in the MBA Full Time Intensive program. The MBA Full Time Intensive program is a one-year accelerated MBA program that combines academic rigor, experiential learning, and personal development. The scholarships are based on academic merit, professional experience, and leadership potential. The scholarship amount ranges from A$15,000 to A$30,000, depending on the type and number of scholarships awarded. To apply, you need to submit an online application, a resume, a personal statement, and two references.
10. University of Technology Sydney MBA Scholarship
The University of Technology Sydney MBA Scholarship is a merit-based scholarship offered by the UTS Business School to students who are enrolled in the MBA or MBA in Entrepreneurship program. The scholarship is open to students who have a minimum of three years of work experience, and who have achieved a high level of academic performance, professional accomplishments, and entrepreneurial spirit. The scholarship covers 50% of the tuition fee of the MBA program, which is A$46,800 for the MBA program and A$49,200 for the MBA in Entrepreneurship program. To apply, you need to submit an online application, a resume, a personal statement, and two references.
ALSO READ: How to Apply for MBA Scholarship in 2024
Final Words
If you are looking for a scholarship to pursue your MBA in Australia, you have plenty of options to choose from. Whether you are interested in a specific industry, a particular university, or a diverse learning experience, there is likely a scholarship that matches your profile and goals. We hope this list of the top 10 scholarships in Australia for MBAs has given you some inspiration and guidance on how to fund your MBA studies.
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