21 MBA Scholarships For Canadian Students 2023

Are you a Canadian student looking to study for your MBA at a good business school? Are you having trouble searching for low-tuition business colleges? We are happy to announce MBA Scholarships For Canadian students in 2023.

Take your time and review each of the scholarships; through their in-depth research, the World Scholarship Forum Team has provided all the details you need to partake in any MBA Scholarships for Canadian Students and how to get Scholarships in Canada. You will surely get the information you seek.

The MBA Canada scholarships listed below are open not only to Canadian students but also to International Students and students from developing countries.

The deadline for these Scholarships is in a few months, so it’s advised that you begin the application process as soon as possible.

Also, take the opportunity to apply for more than one MBA Canada scholarship to increase your chances of being awarded any of them. Here at World Scholarship Forum, we wish you a successful application. Do well to check out our website regularly for fresh opportunities.

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Is MBA free in Canada?

No, MBA programs in Canada are not free. However, Canada offers a high-quality lifestyle to its citizens, and the state also provides various benefits to its citizens. 

Interested applicants are advised to go through the list in this article and apply for any of the scholarships they meet the criteria.

DO MBA students get scholarships?

Yes, MBA students receive scholarships. Currently, there are numerous scholarships available for MBA students. These scholarships can be either need-based, merit-based, or a combination of both.

Need-based scholarships are geared toward promising students who can demonstrate financial need. Merit-based awards for students who excel academically.

How can I get an MBA scholarship in Canada?

To be considered for the scholarship, you must:

1) Be enrolled in a graduate program at the master’s level;
2) Be registered in full-time studies for 2 or more terms (21 to 52 weeks in total) for the academic application;
3) Be on a valid study permit; and.
4) Attend a participating Ontario school.

List of MBA Scholarship For Canadian Students

Here is a list of MBA Scholarships For Canadian Students.

  • Harvard Business School MBA Scholarships (USA)
  • Wharton Business School MBA Scholarships (USA)
  • Stanford Business School MBA Scholarships (USA)
  • London Business School MBA Scholarships (UK)
  • Said Business School MBA Scholarships (UK)
  • Warwick Business School MBA Scholarships (UK)
  • Cranfield School of Management MBA Scholarships (UK)
  • Forte Fellows Program
  • ESMT MBA Scholarships (Germany)
  • SDA Bocconi MBA Scholarships (Italy)
  • INSEAD Alumni Fund (IAF) Women’s Scholarship
  • Nestle MBA Scholarships for Women at IMD
  • ESADE Business School MBA Scholarships (Spain)
  • ESADE Women of the World Scholarship
  • London Business School Women’s Scholarships
  • ESMT Women’s Academic Scholarships
  • SDA Bocconi Scholarships for Women
  • IMD MBA Scholarships (Switzerland)
  • INSEAD MBA Scholarships (France/Singapore)
  • HEC Paris MBA Scholarships (France)
  • IMD MBA

Harvard Business School MBA Scholarships (USA)

Harvard business school offers numerous scholarships, with 65% of its students receiving some financial assistance. Need-based awards of $5,000 or full tuition in the form of scholarships and fellowships are provided, plus monthly stipends.

Scholarship Link

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Wharton Business School MBA Scholarships (USA)

Wharton Business School offers merit-based MBA Fellowships that are accessible to all admitted candidates to their MBA programs. These fellowships target international students and cover full tuition ($20,000) plus living expenses.

Scholarship Link

Stanford Business School MBA Scholarships (USA)

Stanford Business School offers need-based MBA Fellowships to all admitted candidates who can demonstrate financial struggle. Approximately half of Stanford MBA students receive fellowship funds, and the average GSB fellowship is about $35,000 per year or $70,000 in total awards.

Scholarship Link

London Business School MBA Scholarships (UK)

The London Business School offers various scholarships to students from different nationalities (including Canadians). These scholarships are in the form of full-fee awards or one-time awards worth between £12,000 and £50,000.

Scholarship Link

Said Business School MBA Scholarships (UK)

Oxford University’s Said Business School offers numerous international/regional scholarships for women and entrepreneurs ranging from £10,000 to full tuition plus a monthly stipend.

Scholarship Link

Warwick Business School MBA Scholarships (UK)

Warwick Business School offers over £2 million in Scholarships for the most talented applicants for entry to the Warwick MBA program.

These scholarships are available for full-time study, distance learning, executive MBA, and Global Energy MBA. The scholarship amount ranges from 50% of the first year’s fees to full tuition plus a stipend.

Scholarship Link

Cranfield School of Management MBA Scholarships (UK)

Cranfield School of Management offers merit scholarships and need-based bursaries worth between £7,000 and full tuition, categorized by gender, nationality, and sector.

Scholarship Link

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Forte Fellows Program

The Forté Fellows Program offers international fellowships to women pursuing a full-time, part-time, or executive MBA education at selected business schools. Students of all nationalities, including Canadians, are eligible for consideration. The scholarship value ranges between $15,000 – $25,000 or more.

Scholarship Link: http://www.fortefoundation.org/site/PageServer?pagename=mba_fellows#.U4K7O_mSzT8

ESMT MBA Scholarships (Germany)

Sponsored by its 25 corporate founders, ESMT offers numerous partial-tuition scholarships for MBA applicants every year, although a limited number of prestigious full-tuition scholarships are also available.

Scholarship Link: https://www.esmt.org/degree-programs/full-time-mba/fees-and-financing/mba-scholarshipso

SDA Bocconi MBA Scholarships (Italy)

SDA Boccioni currently offers full and partial tuition waivers (50%-100%) for students from Europe, outside Europe, Italy, Africa, the Mediterranean, Asia, India, and North and South America.

Scholarship Link

INSEAD Alumni Fund (IAF) Women’s Scholarship

The IAF Women’s Scholarships support INSEAD’s commitment to bringing outstanding women professionals to the MBA Programme and increasing the representation of women in leadership positions in the business community.  The scholarship value is up to €15,000.

Scholarship Link: https://sites.insead.edu/mba/schlmgmt/dsp_schl_info.cfm?schlcode=IAF05

Nestle MBA Scholarships for Women at IMD

The Nestlé Scholarship for Women was initiated by a group of IMD MBA participants who wanted to encourage women to take an MBA. The scholarship value is CHF 25,000.

Scholarship Link: http://www.imd.org/mba/admissions/one-year-mba-program-financial-aid/

ESADE Business School MBA Scholarships (Spain)

ESADE Business School offers numerous scholarships to outstanding full-time MBA candidates from Asia, Africa, Latin America, North America, Eastern Europe, the Middle East, Central Europe, Scandinavia, etc. The ESADE MBA scholarships cover up to 50% of the tuition fees.

Scholarship Link: http://www.esade.edu/ftmba/eng/fees-financing/mba-scholarships

ESADE Women of the World Scholarship

These scholarships are awarded to women with unique intercultural perspectives to support significant international exposure. This scholarship is open to female candidates of all nationalities and backgrounds, especially those with proven financial needs. The scholarships, on average, cover up to 50% of the tuition fees.

Scholarship Link: http://www.esade.edu/ftmba/eng/fees-financing/mba-scholarships

London Business School Women’s Scholarships

The London Business School offers a 30% Club merit scholarship to support female candidates and increase the number of women studying at the London Business School. The scholarship covers first-year fees, but other awards for women offered by the School range from £20,000- to £35,000.

Scholarship Link: http://www.london.edu/programmes/mba/scholarships.html

ESMT Women’s Academic Scholarships

ESMT currently offers partial tuition scholarships to female candidates applying to the ESMT Full-time MBA program with an exceptionally strong GMAT score (over 700) and a record of academic excellence at the undergraduate level. This scholarship value is up to € 15,000.

Scholarship Link: https://www.esmt.org/degree-programs/full-time-mba/fees-and-financing/mba-scholarships

SDA Bocconi Scholarships for Women

Partial scholarships worth up to 50% and 70% are currently offered to outstanding women applicants of SDA Bocconi’s full-time MBA Programme.

Scholarship Link: http://www.sdabocconi.it/en/mba-executive-mba/full-time-mba/admissions/scholarships-funding

IMD MBA Scholarships (Switzerland)

IMD offers numerous scholarship programs for excellent international students ranging from CHF 10,000 to CHF 50,000.

Scholarship Link: http://www.imd.org/programs/mba/fees/Scholarships/

INSEAD MBA Scholarships (France/Singapore)

INSEAD offers about 50 distinct scholarships comprised of need-based scholarships (based on financial need) and non-need based (based on merit, nationality, gender, professional background, leadership abilities, the field of previous studies, etc.). These scholarships range from €10,000 to €40,000.

Scholarship Link: http://mba.insead.edu/schlmgmt/

HEC Paris MBA Scholarships (France)

HEC Paris offers numerous scholarships for excellent students with financial needs. The worth of this scholarship varies from €5,000 to €26,000.

Scholarship Link: http://www.mba.hec.edu/Fees-Funding/Scholarships

IMD MBA

IMD’s MBA program offers considerable scholarships to enable young leaders from emerging markets to earn an IMD MBA degree. This scholarship is valued at CHF 20,000-60,000.

Scholarship Link: https://www.imd.org/mba/one-year-mba-program/

There you have it! MBA Canada scholarships, although African students are welcome to apply. Remember to apply to as many related Scholarships as possible and, most importantly, submit your applications at least a week before the stated deadline. Good luck!

FAQs on MBA Scholarships for Canadian Students in 2023

Are MBA programs in Canada free?

No, MBA programs in Canada are not free. However, Canada offers a high-quality lifestyle to its citizens, and the state also provides various benefits to its citizens. 

Do MBA students have scholarships?

Yes, MBA students receive scholarships. Currently, there are numerous scholarships available for MBA students. These scholarships can be either need-based, merit-based, or a combination of both.

What are Need-based scholarships?

Need-based scholarships are geared toward promising students who can demonstrate financial need. Merit-based awards for students who excel academically.

What are the requirements for the scholarship?

To be considered for the scholarship, you must:

1) Be enrolled in a graduate program at the master’s level;
2) Be registered in full-time studies for 2 or more terms (21 to 52 weeks in total) for the academic application;
3) Be on a valid study permit; and.
4) Attend a participating Ontario school.

Who are the MBA scholarships meant for?

These scholarships are open to students who are enrolled or are yet to be enrolled in an MBA program in an accredited school.

Conclusion

The MBA scholarship for Canadian students in 2023 presents a worthwhile opportunity for Canadians studying in Canada and internationals alike. Therefore, the MBA scholarship opportunities are open to all qualified students in Canada. You are strongly advised to apply and grab this opportunity.

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