Are you aiming for one of the most prestigious MBA programs in the world but concerned about the cost? The Harvard University MBA Scholarships Program offers a remarkable opportunity to ease the financial burden while opening doors to career-changing prospects. This scholarship is not just about funding; it is about giving you the tools to succeed in the competitive global marketplace.
As an aspiring MBA candidate, you probably know that Harvard Business School stands as a symbol of excellence. The MBA Scholarship doesn’t just help cover tuition, it also offers invaluable experiences, such as a two-month internship at the Boustany Foundation in Monaco. Imagine gaining international work experience while being mentored by top professionals—all without worrying about travel or accommodation costs. These benefits make the Harvard MBA Scholarship more than just financial aid; it’s a stepping stone to personal and professional growth.
If you’re eager to pursue your MBA dream and set yourself apart, this scholarship can give you a significant advantage. But before you dive into the application process, it’s important to understand the requirements, benefits, and steps involved in securing this prestigious scholarship. Let’s explore how you can be part of this incredible opportunity at one of the world’s most esteemed institutions.
Understanding the Harvard University MBA Scholarships program
The Harvard University MBA Scholarships Program is one of the most prestigious opportunities for students around the globe, designed to support talented individuals who wish to pursue an MBA at Harvard Business School. The program aims to ease the financial burden of education while providing career-enhancing opportunities.
Key Highlights of the Harvard MBA Scholarships Program:
- Generous Financial Support: The scholarship covers 75% of tuition fees, helping students to focus on their studies without worrying about the high costs associated with attending a top-tier institution like Harvard.
- Boustany Foundation Internship: In addition to financial aid, selected scholars will undertake a two-month unpaid internship with the Boustany Foundation. This internship takes place in Monaco, giving students an international professional experience.
- Travel and Accommodation Coverage: The scholarship program covers all travel, accommodation, and food expenses for the internship, ensuring that students can take part in this unique opportunity without additional costs.
- Exclusive Networking and Professional Growth: The internship provides an opportunity to work on high-level projects under the guidance of experienced professionals. Scholars benefit from this mentorship while expanding their network with industry leaders.
- Global Recognition: Harvard Business School is widely regarded as one of the best business schools in the world. Earning an MBA from Harvard, backed by the Boustany Foundation Scholarship, sets scholars apart in the competitive global job market.
Qualifications for the MBA Scholarship at Harvard University 2025
- Nationality: Open to students of all nationalities, with a preference for candidates of Lebanese descent.
- Academic Excellence: Applicants must have an excellent academic record, demonstrating strong intellectual potential and leadership qualities.
- Positive Impact: Candidates should commit to creating a positive change in the world, as reflected in their resume and overall attitude.
- Language Proficiency: English proficiency is required.
- Admission Requirement: Applicants must have received an offer of admission from the Harvard MBA program before applying for the scholarship.
Application Process for the Harvard University MBA Scholarship 2025
1. Apply to Harvard MBA Program:
First, candidates must apply for admission to Harvard University’s MBA program.
2. Receive Offer Letter:
After receiving an offer letter from Harvard University, candidates become eligible to apply for the scholarship.
3. Prepare Documents:
Applicants should prepare the following documents:
- CV with a photograph
- GMAT scores
- Harvard MBA admission offer letter
4. Submit Documents:
Send the required documents via email to: admissions@boustany-foundation.org.
5. Interview Process:
Shortlisted candidates will be invited for an interview, either online or at the Boustany Foundation.
6. Follow Instructions:
Ensure to complete all required steps as outlined by the foundation and submit the application within the specified period.
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Benefits of the Scholarship
If you’re considering applying for the prestigious Harvard University MBA Scholarship, you’ll want to know what costs and expenses are covered. This scholarship provides significant financial support and valuable professional opportunities. Here are the key benefits:
1. Tuition Fee Coverage
The scholarship covers 75% of the total tuition fees, amounting to US$102,200 (US$51,100 per year), easing the financial burden of studying at Harvard.
2. Internship Opportunity
Selected students will participate in an internship at the Boustany Foundation in Monaco. This two-month internship offers the chance to gain professional experience and implement theoretical knowledge in a real-world setting.
3. Travel and Accommodation Coverage
All travel expenses for the internship are fully covered by the Boustany Foundation, along with accommodation and food expenses during the internship period.
4. Skill and Knowledge Enhancement
The internship provides students with the opportunity to work on various projects supervised by top managers, helping them gain invaluable work experience and enhance their professional skills.
5. Networking and Career Boost
Gaining experience from a prestigious organization and studying at one of the top universities in the world opens doors to a vast network of opportunities, enhancing career prospects.
FAQs
How do you get a 100% scholarship to Harvard?
While full (100%) scholarships to Harvard are rare, students can apply for need-based financial aid, which may cover a significant portion of tuition depending on the student’s financial situation. Scholarships like the Harvard MBA Scholarship can cover up to 75% of tuition fees, and additional external scholarships may help bridge the gap.
How much does Harvard MBA cost for international students?
The total cost of an MBA at Harvard Business School for international students is similar to that for domestic students, which includes tuition, fees, and living expenses. The estimated cost for the entire program is around US$112,000 to US$120,000 per year, including living costs.
What GPA do you need for an MBA at Harvard?
While there is no official minimum GPA required for admission to Harvard Business School, successful applicants typically have an undergraduate GPA of around 3.7 or higher on a 4.0 scale. However, a strong GPA is just one factor, and applicants are evaluated holistically, considering professional achievements, leadership potential, and other qualities.
Who is eligible for Harvard MS/MBA?
To be eligible for the Harvard MS/MBA program, applicants must hold a bachelor’s degree, demonstrate strong leadership and academic ability, and have relevant work experience. This dual degree program is ideal for those interested in both business leadership and technology innovation.
What GPA is required for a Harvard scholarship?
Harvard does not have a specific GPA requirement for scholarships, but students with high academic achievements generally have a better chance of receiving scholarships. The selection for scholarships is based on merit, financial need, and other qualifications, depending on the specific scholarship program.
How to get a scholarship for an MBA at Harvard University?
To secure a scholarship for an MBA at Harvard, students should first apply for admission to the MBA program. Once accepted, they can apply for financial aid, including the need-based Harvard MBA Scholarship and external scholarships. Demonstrating academic excellence, leadership potential, and financial need will improve your chances of receiving a scholarship.
How long is an MBA at Harvard?
The Harvard MBA program is a full-time, two-year program. It includes a rigorous curriculum in the first year, followed by elective courses, internships, and projects in the second year.
Is an MBA at Harvard worth it?
An MBA from Harvard is considered one of the most valuable business degrees in the world due to its strong alumni network, reputation, and career opportunities. Graduates often see a significant boost in their career prospects and earning potential, making it a worthwhile investment for many.
How do people afford a Harvard MBA?
Many Harvard MBA students finance their education through personal savings, loans, scholarships, and financial aid. The Harvard MBA Scholarship, need-based aid, and external scholarships help make the program more affordable. Additionally, many students work for a few years before applying to save money and reduce debt.
How competitive is the Harvard MBA Scholarship?
The Harvard MBA Scholarship is highly competitive. Thousands of applicants apply for limited scholarship opportunities, with the selection based on academic excellence, leadership potential, professional achievements, and financial need. Only top candidates who demonstrate exceptional abilities and qualifications can receive the scholarship.
What documents are required for the scholarship application?
Typical documents required for the Harvard MBA Scholarship application include:
- A completed Harvard MBA admission application
- Academic transcripts
- GMAT/GRE scores
- Personal statement or essays
- Letters of recommendation
- Proof of financial need (for need-based scholarships)
- Resume or CV
- Additional documents required by the specific scholarship program
Does Harvard offer need-based financial aid?
Yes, Harvard offers need-based financial aid to both domestic and international students. Financial aid is determined based on the applicant’s financial situation and can cover a significant portion of tuition and living expenses. The Harvard MBA Scholarship is one example of such financial assistance.
What is the interview process for MBA scholarships?
The interview process for MBA scholarships at Harvard typically involves a formal interview with the admissions committee or the organization offering the scholarship. Applicants are asked about their academic and professional background, leadership experiences, and future career goals. The interview is an important part of the selection process, as it allows the committee to assess the applicant’s communication skills and fit for the program
Can international students apply for the scholarship?
Yes, international students are eligible to apply for the Harvard MBA Scholarship as well as other scholarships and financial aid options at Harvard. The selection process is the same for both domestic and international applicants, based on merit, leadership potential, and financial need.