GMAT Score required to get a scholarship?
All the students those who want to apply for an International MBA want to try to get scholarships to pursue a good MBA Program. Scholarships also vary from one kind to another. There is no specific criteria for getting a scholarship. Scholarships can be based on the basis of merit as well as on the basis of need. The opportunities to get a scholarship are limited, so it is always advised to apply early. There are a lot of criteria to fulfill to be eligible for GMAT Scholarship to pursue a good MBA Program.
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Students with a low or average GMAT score can also hope to get a scholarship. But he/she should have a very strong concrete to show to the admissions committee. The low GMAT score can be compensated by anky kind of achievement in the field of sports or any other extracurricular activities or any kind of achievements in other fields which will set the candidate apart from other applicants.
Generally, students have a perception in their minds that getting a score of 750 or higher in GMAT is more than enough to win a scholarship. However, schools not only look at the GMAT Scores, but also consider all the other aspects and also the complete profile of a candidate while providing them a scholarship.
While applying to top B-Schools, students should have a different approach and also must give importance to their profile building as well. Even after fulfilling all the criteria and getting a score of 750 in GMAT, the scholarship is not guaranteed due to the tough competition. Getting a high score in GMAT also does not guarantee a scholarship at a top MBA program. However, a very good work profile, an amazing set of skills and achievements can always give you an upper hand over other aspirants.
One of the most common mistakes which students commit is that they treat the scholarship deadline just as same as the admission deadline. There are a various GMAT scholarships which are available for international students, and the requirements for all these vary from one another. Students should always take time and do some research while searching for the institutes or colleges to which they are applying for a scholarship. One should always check the eligibility criteria before applying for a scholarship.
Can You Get MBA Scholarships with High GMAT Scores?
MBA scholarships that are offered at the international level are usually based on a minimum GMAT Score, which varies from one institution to another. The higher your GMAT score is, the greater your chances to win a merit-based scholarship.
What is a Good GMAT Score for Scholarships?
The Scholarship would entirely depend on the institution in which you are applying to. It is always better if you score higher. If you want to get into the top 10 foreign B-Schools, a GMAT score of 730 and above will get you through. Similarly, if you are aiming for the top 25 B-schools then a score of 700 and above will be considered a good GMAT score.
List of GMAT Scholarships
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Name of the University
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Scholarship
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Is Open to
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Wharton School of Business
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Joseph Wharton Fellowship
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Students with remarkable professional, personal, and academic background
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| Social Impact Fellowship | Students looking to serve non-profit organizations | |
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Emerging Economy Fellowship
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Candidates of a two-year MBA programme
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Harvard Business School
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Horace W. Goldsmith Fellowship
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First-year MBA student with an experience in a non-profit organization
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HBS Fellowship programme
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Means-based
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Stanford Graduate School of Business
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Stanford Reliance Dhirubhai Fellowship
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Students who will come back to India upon completion of the programme to work for an Indian organization for at least two years
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Haas School of Business
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Dr Tahir Fellowship
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Student of undergraduate programmes from an Asian country
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Booth School of Business
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Akhtar H. Tobaccowala Scholarship
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Indian students enrolled in a full-time MBA programme
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The Zonis Fellowship
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Students with remarkable professional, personal, and academic background.
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Kellogg School of Management
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Kellogg Scholarship
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Full-time MBA student
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Kellogg Finance Network Scholarship
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A student of MBA in finance
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London Business School
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B.K Birla MBA Scholarship
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A student enrolled in business programmes
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Tuck School of Business
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Forte MBA Fellowship for Women
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Female students enrolled in MBA, based on merit
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The Willard M. Bollenbach Jr. 1949 Fund
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Students with remarkable professional, personal, and academic background
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INSEAD
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INSEAD Christina Law MBA ‘91D Endowed Scholarship for Asian Women
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Female students who have a remarkable academic background in Asia and show the desire to work for their country |
We hope you found this article helpful. You can also read the article on Top MBA Colleges (with Placements, Fees, GMAT cut-offs) in India accepting the GMAT scores. You can download the GMAT Syllabus here.
If you are starting your GMAT preparation from scratch, you should definitely check out the GMATPOINT