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Scholarships and Grants for Masters in Management Students

Getting a master’s degree in management is a great way to help you qualify for advanced positions and increase your earning potential. However, many never go back to school for this kind of education because of the rising costs of college classes. If you want to earn a graduate degree in the field of management, scholarships and grants are great options to help you pay for school.

Scholarships versus Grants

While scholarships and grants are both “free” (i.e., you don’t have to repay the amount when you graduate like you do with student loans), they aren’t exactly the same. Scholarships are typically given based on merit and often require applicants to write an essay or submit transcripts. Grants, on the other hand, are available primarily based on financial need. There is a third time of financial aid commonly given to master’s degree students as well – fellowships. These are similar to scholarships, but usually come attached to responsibilities, such as serving as a teaching assistant or working on a specific research project while you’re going to school.

Specific Scholarships and Grants for Management Students

Ready to start your financial aid search? Here are some specific organizations offering scholarships available for those interested in earning a masters in management:

  • Institute of Management Consultants
  • National Association of Women MBAs
  • National Black MBA Association
  • National Society of Hispanic MBAs
  • Project Management Institute Education Foundation

In addition, most colleges offer scholarships and grants directly to their students, so your first stop on your search for money for school should be with your school’s financial aid department. Often, these scholarships and grants are less competitive and for higher amounts.

Other Places to Find Money for School

Are you already working in your industry of choice? Check with your employer to see if they offer any incentives to go back to school Some employers have tuition assistance programs, where they’ll help you pay for the costs of college, while others offer tuition reimbursement, where you’ll get your loans partially repaid if you stay with the company after you graduate. Student loans are also an option; although these have to be repaid, you can typically defer payments on these loans until at least six months after college.

Management Masters & MBA Degrees

Walden University
MS: Management
MS: HR Management
MS: Sustainable Mgmt
MS: Project Management
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Walden University: Walden University's MS in Management program offers many specializations which personalize the degree according to students' interests and professional needs. The MPA program in Public Management & Leadership focuses on information employees in the public sector most need to know to move up, whereas the MS in Accounting & Management and MS in Project Management programs combine specialized knowledge with sound leadership practices.
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Liberty University
MA: Mgmt & Leadership
MS: Management
MS: Sports Management
MBA: Intl. Management
MA: Human Services Mgmt
Liberty University: Liberty University's Master of Arts in Management and Leadership program, and the MS in Management, Sports Management, International Management, and Human Services Business Management programs all emphasize ethical management practices, and help improve students project development abilities, preparing them for career advancement. Graduates are able to go on to careers as business owners, finance managers, human resource managers, among other high level management positions.
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Kaplan University
MS: Management
MS/Mgmt: HR Management
MS/Mgmt: Leadership
MS/Mgmt: Org. Dev.
MS: Supply Chain Mgmt
Kaplan University: Kaplan University's MS in Management offers students the chance to specialize in subjects that specifically relate to their professional goals, like Supply Chain Management & Logistics, Organizational Design & Development, Leadership, and Human Resources. The program focuses on the most effective management strategies as well as the practical knowledge students need have every day on the job.
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Ashford University
MBA: Project Management
MBA: Environmental Mgmt
MBA: HR Management
MBA: Supply Chain Mgmt
MBA: Global Leadership
Ashford University: Ashford University's MBA programs are offered with a selection of more than a dozen specializations, including Project Management, Environmental Management, HR Management, Supply Chain Management, and Global Leadership. All MBA students learn to integrate sustainable business strategies and sound economic principles with knowledge of their specific industries. Ashford U is accredited by WASC Senior College and University Commission, 985 Atlantic Ave, Ste 100, Alameda, California 94501, (510) 748-9001, wascsenior.org.
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