Salary offers might not increase above what they were last year, but a majority of companies in 2011 report that they plan to hire students who graduate with an MBA. That’s according to a Graduate Management Admission Council survey that was a focus of a January Wall Street Journal article. For students working toward any type of degree, researching high school scholarships and applying for any scholarships can help to reduce their debt. A few scholarships that MBA students might consider:
The American Association of University Women offers a variety of scholarships, fellowships and grants intended for women. Students seeking MBAs might look toward the association’s graduate assistance offerings, which include an American Fellowships program, a Women of Distinction program and Career Development Grants.
Golden Key International Honour Society member scholarships honors its members – in the form of Business Achievement Awards. Golden Key International Honour Society members who demonstrate academic success in their business studies might consider applying for these scholarships, which are awarded based at least in part on merit. Awards of $1,000 to $2,000 are provided to first- through third-place winners.
Scholarships from the Congressional Hispanic Caucus Institute for Latino students at different college and university academic levels are readily available. One of these offerings is a $5,000 scholarship that is provided by the caucus for full-time students to apply toward any graduate-level studies. Strong writing skills, financial needs and community or public service participation are among the areas that the caucus considers in awarding these scholarships to Latino students who apply. Keeping up to date with the newest developments on programs like these and educational scholarships, is important and will provide more opportunities.
The National Society of Hispanic MBAs Scholarship Program is another option for Latinos. These scholarships are designed for students of Hispanic backgrounds who are pursuing their MBAs on a full-time or part-time basis. National Society of Hispanic MBAs scholarships must be applied to colleges or universities that have gained accreditation from the Association to Advance Collegiate Schools of Business. Winners are chosen based on academic merit, financial need and community service, along with other criteria.
Scholarships from the Thurgood Marshall Scholarship Fund are created for African-American students in undergraduate and graduate school programs. There are several scholarships available through this fund, including Miller Coors scholarships for students at a specific Mississippi university, a Gold Standard Scholarship program for students in specific National Basketball Association (NBA) markets and other offerings. Students who are awarded Thurgood Marshall Scholarships can apply the assistance to studies any institution in the United States that is considered a historically black college or university.
Scholarships from the Accenture American Indian Scholarship Fund are designed for American Indian and Alaska Native students in undergraduate and graduate school programs. These scholarships at the graduate level are known as Accenture Fellows, and they are awarded based in part on tribal enrollment, merit and support for preserving the culture and communities of American Indians.
This year’s hiring of MBA students may be more prevalent in certain areas. In positions from senior financial analyst to CEO, Payscale.com lists salaries of about $64,000 – $207,000. Since scholarships and Education Connection programs for online education can reduce debt, those students who use this assistance might enjoy more of their earnings.