For many aspiring business leaders, securing an MBA from Harvard University Business School (HBS) represents the pinnacle of academic achievement. However, the hefty price tag often deters international students from pursuing this dream.
Thankfully, the prestigious Boustany Foundation Scholarship helps bridge the financial gap, specifically for international talents seeking admission to the HBS MBA program.
In this guide, we will be looking at the specifics of this esteemed scholarship and equip you with the knowledge to navigate the application process effectively.
| Host Country | United States of America (USA) |
| Funding Type | Fully Funded |
| Who is Eligible | Must be a citizen of a country outside the United States |
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Table of Contents
Harvard University MBA Scholarship for International Students
The Harvard University Business School (HBS) stands as a titan in the realm of business education, consistently ranking among the top institutions in the world.
Known for its rigorous academics, case-method learning, and vibrant community, HBS attracts aspiring leaders from all walks of life and corners of the globe.
Here’s a glimpse into what makes this institution so unique:
Academic Excellence
HBS boasts a world-class faculty renowned for their research and expertise. The curriculum focuses on real-world challenges through the famed case-method approach, where students analyze complex business situations and develop solutions collaboratively.
Leadership Development
HBS goes beyond academics, fostering leadership skills through a diverse range of activities. From student clubs and leadership programs to mentorship opportunities, the school cultivates individuals who can inspire and navigate the complexities of the business world.
Global Perspective
With students representing over 80 countries, HBS fosters a truly global learning environment. This diversity of perspectives enriches classroom discussions and prepares graduates to operate effectively in an interconnected world.
Lifelong Network
The HBS alumni network is vast and powerful, spanning industries and continents. This network provides graduates with invaluable connections, mentorship opportunities, and access to career resources throughout their professional journeys.
Entrepreneurial Spirit
HBS encourages innovation and entrepreneurship. The school offers resources and support for students who want to launch their own ventures, fostering a culture of creativity and risk-taking.
Cost and Scholarships
Attending HBS comes with a substantial price tag. However, the school offers a variety of scholarships and financial aid options to help talented students from diverse backgrounds access this transformative education.
Eligibility Criteria
To be considered for the Boustany Foundation Scholarship, candidates must demonstrate exceptional academic merit and hold significant promise as future business leaders. Here is a breakdown of the key requirements:
- International Student Status: You must be a citizen of a country outside the United States.
- Academic Excellence: A stellar academic record, demonstrably proven through transcripts and standardized test scores (GMAT/GRE) is mandatory.
- Leadership Potential: Showcasing your leadership qualities through work experience, extracurricular activities, or other relevant achievements is crucial.
- Admission to HBS MBA Program: Receiving an offer of admission to the HBS MBA program is a prerequisite for applying for the scholarship.
- Lebanese Preference: While open to all nationalities, candidates of Lebanese descent are given priority consideration.
The selection committee may also evaluate your personal statement, letters of recommendation, and contributions to your community during the selection process.
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Application Process
The application process for the Harvard University MBA Scholarship for International Students is relatively straightforward, but requires meticulous attention to detail. Here are the key steps:
- Meet the Eligibility Criteria: Ensure you fulfill all the eligibility requirements mentioned above before proceeding.
- Secure Admission to HBS: Apply to the Harvard University Business School (HBS) MBA program and receive an offer of admission.
- Prepare Application Materials: Gather the required documents, including your CV, transcripts, GMAT/GRE scores, a letter of motivation highlighting your suitability for the scholarship, and two letters of recommendation.
- Submit Application: Once you have all the materials prepared, submit your application directly to the Boustany Foundation through their website or designated email address.
Important Note: The scholarship is awarded once every two years, with the next deadline expected in May 2025 for the MBA class commencing in autumn of 2025. Be sure to check the Boustany Foundation website regularly for the latest application deadlines and updates.
How to Apply
While meeting the eligibility criteria and following the application process are crucial, here are some additional tips to strengthen your application:
- Highlight your unique story: Craft a compelling personal statement that showcases your unique journey, aspirations, and alignment with the values of the Boustany Foundation.
- Quantify your achievements: Use data and specific examples to demonstrate the impact of your leadership experiences and contributions.
- Seek strong recommendations: Choose recommenders who can provide insightful and personalized perspectives on your potential and suitability for the scholarship.
- Proofread meticulously: Ensure your application materials are free of errors and typos, reflecting your professionalism and attention to detail.
Remember, meticulous preparation, a compelling story, and unwavering determination will hold you in good stead as you navigate the application process. So, start preparing today and turn your Harvard MBA dream into a reality!
Frequently Asked Questions (FAQs)
Here are some of the frequently asked questions about the Harvard University MBA Scholarship for International Students that you may want to consider:
Q: Who is eligible for the scholarship?
A: International students admitted to the Harvard University MBA Scholarship program with exceptional academic records and leadership potential. While open to all nationalities, candidates of Lebanese descent receive priority consideration.
Q: Is there a minimum GPA requirement?
A: No specific GPA requirement is publicly available. However, a strong academic record is crucial, as demonstrated by transcripts and standardized test scores.
Q: Do I need work experience to be eligible?
A: While not mandatory, relevant work experience showcasing leadership qualities can strengthen your application for the Harvard University MBA Scholarship program.
Q: Can I apply for the scholarship before being admitted to the Harvard University MBA Scholarship program?
A: No, you must be admitted to the program before applying for the scholarship.
Q: When is the application deadline?
A: The Harvard University MBA Scholarship is awarded once every two years, and the next deadline is expected in May 2025 for the MBA class commencing in autumn 2025. Always check the Boustany Foundation website for the latest updates.
Q: Is HBS right for you?
A: If you’re driven to become a leader who can navigate the complexities of the global business landscape, HBS could be the perfect fit. Weighing the cost and commitment against the potential rewards is crucial. Carefully consider your career goals, financial situation, and learning style before making a decision.
Q: Where do I submit my application?
A: Submit your application directly to the Harvard University MBA Scholarship/Boustany Foundation through their website or designated email address at [email protected].
Q: What documents are required?
A: This includes your CV, transcripts, GMAT/GRE scores, a personal statement, and two letters of recommendation.
Q: What should I focus on in my personal statement?
A: Highlight your unique story, career aspirations, and how you align with the values of the Boustany Foundation. Quantify your achievements and use strong examples to showcase your leadership potential.
See more Visit the Official Website to Apply
Conclusion
The Harvard University MBA Scholarship represents a transformative opportunity for exceptional international students to pursue their MBA dreams at Harvard Business School.
By understanding the eligibility criteria, application process, and strategies for standing out, you can increase your chances of securing this prestigious scholarship and embarking on a journey towards global business leadership.