Fully Funded MBA Scholarships for Indian Students Abroad 2024

Fully Funded MBA Scholarships for Indian Students Abroad 2024

Edited By Porishmita Paul | Updated on Jul 31, 2024 02:21 PM IST

Study MBA abroad as an international student demands a high investment of money and time. If you are planning to study abroad in top MBA countries like the USA, UK, Canada, Australia, etc, then finding fully-funded MBA scholarships for Indian students abroad is a crucial part of your application process. For international students, securing a fully funded MBA abroad scholarship can be challenging. While many countries and universities offer partial funding for top MBA specialisation abroad. Meanwhile, the number of universities offering full funding for MBA abroad is very rare. However, it is possible to secure fully funded MBA scholarships for Indian students.

Some popular fully funded MBA scholarships for Indian students abroad are Full Bright Scholarships, Chevening Scholarships, Felix Scholarships, Rhodes Scholarships, etc. Top study-abroad countries offering fully funded scholarships to study MBA abroad include the USA, UK, Australia, Canada, etc. Students need to demonstrate an excellent academic profile and financial need to get a fully funded MBA abroad scholarship. Read the complete article to learn more about various fully funded MBA scholarships in the world for international students.

Fully Funded MBA Scholarships for Indian Students Abroad

Due to the increasing number of study abroad aspirants, securing a fully funded MBA abroad can be very competitive for international students. While finding a fully funded MBA scholarship to study abroad is very challenging as most top countries offer partial funding for popular MBA specialisations. Meanwhile, it is possible to get fully funded MBA scholarships for Indian students. Here’s a list of the top fully funded MBA scholarships for Indian students abroad.

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Top Fully Funded MBA Scholarships for Indian Students Abroad 2024

Full Bright Scholarships

Rotary Peace Fellowship Program

Chevening Scholarship

Felix Scholarships

Commonwealth Scholarships

Rhodes Scholarship

Forté Fellowships

National Overseas Scholarship

Global Study Awards

Australia Awards Scholarships

Full Bright Scholarships

This scholarship is offered by the Council of International Exchange of Scholars (CIES). Full-bright scholarship is also known as the United States-India Education Foundation (USIEF). The scholarship is offered in more than 155 countries to study MBA abroad.

Full Bright Scholarships Overview

Particulars

Description

Eligible candidates

Students, professionals, scholars, and teachers

Scholarship type

Merit-based

Offered by

US Government

Number of annual grants

8000

Open for

International students

Deadline for application

August 10, 2024

Rewards

Provides allowances and other benefits

Official website

www.cies.org

Chevening Scholarship

Chevening award scholarships are one-year fully funded scholarships that include tuition, living expenses, and travel costs. International students belonging to Chevening countries can apply for the Chevening Scholarship to study MBA in UK.

Chevening Scholarships 2024 Highlights

Particulars

Description

Eligible courses

Full-time master’s courses based in the UK

Scholarship type

Merit-based or need-based

Duration

One year

Offered by

UK government bodies

Number of scholarships

NA

Open for

International students belonging to Chevening countries

Rhodes Scholarship

The Rhodes Scholarship is a fully-funded scholarship that is open to international students pursuing an MBA degree. The mode of application for the Rhodes scholarship is online. A total of 5 scholarships are offered to Indian students.

Rhodes Scholarship Highlights

Particulars

Details

Scholarship Name

Rhodes Scholarship

Funded by

Rhodes Trust

Total No of Scholarship Worldwide

103

Total no. of scholarships for Indians

5

Application fee

Not Applicable

Commonwealth Scholarships

Commonwealth scholarships are UK study-abroad scholarships offered by the Commonwealth Scholarship Commission to study MBA abroad.

Commonwealth Scholarship Highlights

Particulars

Details

Eligible courses

Postgraduate courses

Scholarship type

Need-based

Duration

1 year for masters

Number of scholarships

800 per year

Open for

Commonwealth countries

Which University Gives Full Scholarships for International Students?

Securing fully funded MBA scholarships for Indian students is highly competitive. While many universities in USA, Germany, Canada, China, Russia, etc offer partial scholarships or waive tuition fees for international students to study MBA courses. Meanwhile, the number of fully funded MBA abroad scholarships is very limited. Some popular universities offering fully funded MBA scholarships for Indian students are as follows:

These institutions are among the top-world universities as per the QS World University Rankings 2025. Therefore, securing fully-funded MBA scholarships as an international student is very challenging due to the high eligibility requirements. Students need to demonstrate their eligibility for university scholarships through authentic documentation. For need-based scholarships, students need to provide appropriate proof of financial status.

Can International Students Get Full Scholarships?

Yes, international students can get full scholarships to study MBA abroad. Master in Business Administration abroad is among the trending courses among international students students to study abroad. Meanwhile, many countries and top universities in the world offer exciting scholarships and grants to attract the international population to study MBA courses. Some popular countries that offer fully funded MBA abroad scholarships are the USA, UK, Canada, Australia, etc.

These scholarships are generally of three types: Government-funded, Non-government scholarship, and University-funded scholarships. The scholarship money generally covers all the expenses of tuition, living expenses, travel, and other miscellaneous costs. To apply for top study abroad scholarships for Indian students try to improve your academic performance and prepare appropriate documentation elaborating financial needs.

Which Countries Give Full Scholarships to International Students?

Searching for fully-funded MBA scholarships in foreign countries can be challenging for international students. Although, many countries like the USA, UK, Canada, France, Singapore, etc offer various scholarships to cover complete study and living expenses in the country. Meanwhile, the eligibility criteria for these scholarships can be very daunting for overseas students. Most of the fully funded MBA scholarships for Indian students abroad require a strong GPA with high cutoff scores for standardised exams like GMAT, GRE, SAT, ACT, etc. Many countries consider the citizenship status of international applicants to offer fully funded MBA scholarships for Indian students.

Top Countries Offering Fully Funded Scholarships in Canada for Indian Students

Country Name

Scholarship Name

United States

  • Full bright Scholarships

  • Rotary Peace Fellowship Program

United Kingdom

  • Chevening Scholarship UK

  • Felix Scholarships

  • Rhodes Scholarship

  • Commonwealth Scholarships

Canada

  • Canadian Commonwealth Scholarship and Fellowship Plan

  • Ontario Graduate Scholarship

  • Vanier Canada Graduate Scholarships

Australia

  • Australia Awards Scholarships

  • Research Training Program

  • Swinburne International Excellence Scholarship

  • Melbourne International Undergraduate Scholarships

  • Sydney Scholars Award

Which UK Universities Offer Full Scholarships to International Students?

Here’s a list of popular UK universities that offer full scholarships to international students to study MBA degrees:

Fully Funded Scholarships in Canada for Indian Students

There are many fully-funded MBA scholarships in Canada for international students available for the 2024 curriculum. These scholarships cover tuition, living expenses, and travel costs to pursue MBA abroad. Some popular scholarships in Canada for international students include:

  • Canadian Commonwealth Scholarship and Fellowship Plan

  • Ontario Graduate Scholarship

  • Vanier Canada Graduate Scholarships

Fully Funded MBA Scholarships for Indian Students in the USA

Here’s a list of popular full scholarships for international students to study MBA degrees:

  • Full bright Scholarships

  • Rotary Peace Fellowship Program

  • Stanford Reliance Dhirubhai Fellowship

  • Harvard Business School Need-Based Fellowships

Frequently Asked Questions (FAQs)

1. How can I get 100% scholarship to study abroad for MBA?

A 100% scholarship to study abroad for MBA requires an excellent academic record of the applying students. Most MBA abroad scholarships are merit-based, therefore, students who score high marks on GMAT and GRE are considered potential candidates for fully-funded MBA scholarships to study abroad. Students with various extracurricular activities and relevant work experience are ideal candidates for 100% scholarships to study abroad for MBA. 

2. Can I get 100% MBA scholarship?

Yes, you ca get an MBA scholarship to manage your study abroad expenses. Many top countries and universities offer 100% MBA scholarships to international students that cover tuition fees, living expenses, and other miscellaneous expenses in the country. These scholarships are generally merit-based and candidates are selected based on their academic profiles and standardised test scores.

3. Which country offers free MBA for Indian students?

Germany and Norway offer fee MBA for Indian students. Public universities in Germany and Norway offer MBA programmes with zero tuition fees. However, MBA in Germany and Norway is not completely free as students are required to pay minimum semester fees to continue their education. However, countries like Canada, Australia, USA, etc offer free MBA for Indian students by providing various 100% scholarships to study MBA abroad.

4. Which country has fully funded scholarships for Indian students?

Countries like USA, UK, Canada, Australia, etc have fully funded scholarships for Indian students. Students can apply for various scholarships at the time of application submission or after getting admitted to the university. These scholarships are generally merit-based and cover all necessary study expenses in the country.  

5. Which is the cheapest country to do MBA?

Canada, Switzerland, and Germany are the cheapest countries to do MBA for Indian students. These countries offer multiple 100% scholarships to study MBA abroad. Students can also apply for various student loans to manage their study requirements. The fees for MBA in these countries are reasonable for international students in comparison top countries like the USA, UK, etc.  

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