Scholarships Specializing in Business Administration
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Students enrolled in a Business Administration program can pursue two different levels of college degree. A Bachelor’s degree in Business Administration will prepare students for entry level positions in many businesses and corporations throughout the country. Students who take their education to the next level, and graduate with a Master’s degree, will be highly sought after in a competitive job market, and will more easily find positions in middle management. When it comes to business degrees of any kind, a more extensive education delivers greater career opportunities.
Business Administration has become a very popular major in the last couple of decades, and its popularity is reflected in the availability of scholarships for motivated students attending business schools in the United States. The primary sources of scholarships for Business Administration students are colleges and universities, corporations, and profession business associations.
Scholarships from Business Schools
One of the best sources of scholarships for Business Administration majors is the student’s own college or university. Schools are always competing to bring the best and the brightest to their campuses, and to do this they routinely offer scholarships as an incentive for exceptional students. Campus-based scholarships for Business Administration are generally merit-based, though some colleges and universities may offer awards to students with extreme financial need. As always, campus-based scholarship programs will vary greatly between schools, and students are advised to contact their college’s office of student financial aid for details on programs from which they may benefit.
The following examples of campus-based Business Administration scholarships are typical of what is available at colleges and universities across the county.
- Lander University offers a variety of scholarships for students attending its business school. A few programs will be of particular interest to Business Administration majors. The Countybank Scholarship is offered to students majoring in Business Administration who have graduated from a Greenwood County high school. The scholarship is awarded on the basis of academic achievement and financial need, and applicants must submit letters of recommendation from their high school teachers. The Leo McMullin Scholarship is awarded to an upper level Business Administration major pursuing a career in marketing. Applicants must have a 3.0 GPA or better. Award amounts vary.
- California State University Stanislaus provides a number of scholarships for its Business Administration majors. The Atherton Scholarship provides up to $1500 for students majoring in Business Administration with an emphasis on accounting. The Bee Scholarship awards $2000 to exceptional student enrolled in a Master’s degree program in Business Administration. Applicants must have a GPA of 3.20 or better to qualify. The Boyett Scholarship for Excellence is offered to Business Administration majors with a 2.80 GPA or better. The maximum award is $2500.
- The University of Mary Washington School of Business offers the Frances Hosclaw Brown ’44 Scholarship for students enrolled in a Business Administration program. Preference is given to students pursuing careers in the food industry. The scholarship is open to entering freshman, and provides funds equivalent to a full year of in-state tuition.
- Loyola Marymount University’s College of Business Administration administers the Keenan Family Minority Entrepreneurial Scholarship. This program is open to qualified minority students who can show the requisite level of financial need, possess a strong work ethic, and demonstrate a history of academic excellence. Award amounts vary.
Private Sector Scholarships For Business Administration
While colleges and universities are the primary source for scholarships dedicated to Business Administration majors, financial assistance is also available from the private sector. Many corporations and professional associations sponsor scholarships for students pursuing degrees in Business and Business Administration. Often, these scholarship programs will target minorities and other students groups who have been historically underrepresented in the business world.
Some prime examples of Business Administration scholarships from the private sector include:
- The National Black MBA Association sponsors an annual scholarship for African-American students pursuing their Master’s degree in Business Administration. Applicants must be entering their first year of a Master’s degree program, and must have minimum GPA of 3.0. Awards are determined by academic excellence, leadership potential, and record of community service. Scholarship awards range from $1000 to $15,000.
- The Hersha H. and Hasu P. Shah Scholarship for Women is sponsored in cooperation with Penn State University. The purpose of the scholarship is to encourage and support women pursuing degrees in Business Administration. Applicants must be full time students enrolled in a Business Administration program at Penn State, must demonstrate superior academic achievement, and must possess the requisite level of financial need. Award amounts vary.
- The National Society of Hispanic MBAs offers their annual NSHMBA Foundation Scholarship for Hispanic-American students enrolled in a Master’s degree program in Business Administration at any accredited college or university. Applicants must have a minimum GPA of 3.0, and must be student members of the NSHMBA. Final awards are based on academic achievement and financial need. Scholarships range from $2500 to $10,000.
Students pursuing degrees in Business Administration have access to a wide variety of scholarship opportunities. Whether sponsored by corporations, professional associations, or private endowments, students pursuing careers in the business world will find plenty of financial aid programs to help them pay for their college education. With some determined research, business students can find the money they need to make their education and professional goals a reality.