Scholarships on Offer for MBA Hopefuls

Finding the right scholarship can help make any graduate's stint with an MBA program much smoother. Read on to see what the various scholarship offerings are and how you can avail of them.

For the last six year, the QS Education trust in association with QS World MBA Tour has both funded and facilitated MBA scholarships for over 60 young professionals around the world to study at some of the world's best business schools and postgraduate institutions. In 2007 MBA scholarships worth $1.1 million were allocated to winners from countries as diverse as Brazil, Bulgaria, China, Columbia, Korea, Ukraine, UK and the USA.Every year millions in local currencies are awarded to MBA applicants in order to help them finance their way through the best business schools that they have chosen. "QS Scholarship winners are united by their demonstration of responsible leadership and community commitment, in very varied circumstances," says Nunzio Quacquarelli, the director of QS. "All of these young people have done something remarkable in their lives." In 2007, QS Education Trust granted scholarships to:

Juan Jos Ospina, from Colombia, who was awarded the QS World MBA Tour Leadership Scholarship after revolutionizing the Worker's Cooperative of Colombian Coffee Growers, by investing their revenue in the coffee futures market and benefiting the families of 500,000 workers in that country. He visited the QS World MBA Tour in Bogota and is now studying an MBA Degree at Chicago GSB. William Morgan, from the UK, who attended the QS World MBA Tour in London and has commenced a one-year MBA Degree with ESADE in Barcelona. He was awarded a QS World MBA Tour Community Scholarship after working with disadvantaged children in Chile, for Macmillan Cancer Relief and for a small charity called London 21. South Korea's Soo Ah Lee, who attended the QS World MBA Tour in Seoul, was accepted to MIT's Sloan School of Management for Fall 2007 to do an MBA Degree. She won a QS World MBA Tour Community Scholarship.

The QS World MBA Tour Community Scholarship will help Bulgarian Nadejda Gountcheva, who attended our Fair in Sofia, to do her MBA program at INSEAD. And the last QS World MBA Tour Community Scholarship winner, Monisha Saran, an Indian-American, became involved in race relations at a young age during high school. She used her skills and motivation to create a state-wide initiative to improve race relations for diverse California public schools, and has been involved in several race relations initiatives ever since. Several top schools also offer scholarships to candidates attending the QS World MBA Tour. Chicago Business School awarded the $40,000 World MBA Tour scholarship to Konstantin Magaletskyi of the Ukraine, who Rose Martinelli describes as 'an outstanding applicant.'

Wharton will award scholarships worth $30,000 through the Tour for the third consecutive year. Thomas Caleel, Admissions Director at Wharton says, "We were astounded by the number of applicants from the World MBA Tour, and each year we have selected exceptional candidates."

MIP- Politecnico di Milano award winners include; Katherine Keblusek from the United States and Alberto Cimenti, who has both Italian and Brazilian nationality.