Pursuing your MBA degree, can be one of your life-changing experiences. Having a master's degree in business administration can be of great help to your career as well, as you can smoothly move forth and occupy a high position in your upcoming office work. The MBA degree acquisition may seem exciting, but what is most important, is the gathering of the appropriate funds for your MBA degree. The admissions to the most elite schools of business cost a bomb and can be very excruciating for the parents and the students alike. Thus, having a scholarship offered would be an added boon as well. What are the tips you should follow to get a good scholarship amount or to get a waiver on your actual tuition fees?

The first step is to always do research about the given course you want to apply to. The college you wish to apply and get into, you should be having the proper background knowledge of the college where you want to get admission. After this, you can move forward, to polishing your résumé. The resume you carry, is a visual representation of you and your academic and extracurricular activities as a whole, throughout your entire lifetime of studies and achievements. You should be having proper validations and certificates, to prove your achievements. Having a letter of recommendation would be an added benefit, as it would give you an edge above the others and directly make the first great impression on the board of interviewers.

Learn to negotiate. By this we don't mean crass bargaining, but if you can contact the academic counsellor of the college or the university, you can strike a proper balance amongst them and get your choice of scholarship- the one you would want. Your CAT/GMAT score should be on the game point. This directly means, that you should be having a great score, in order to be equally deserving of the scholarship you have applied for. There are many institutes, which offer full scholarship waivers to the deserving candidates. Here is a list of scholarship programs that offer the same.

  • PNB Housing Finance Protsahan Scholarship
  • IDFC First Bank MBA scholarship
  • BML Munjal University scholarship
  • Aditya Birla Scholarship
  • YES Future Ready Scholarship