12 Best Scholarships for Women in Business

12 Best Scholarships for Women in Business | CIO Women Magazine

In today’s world, women are making significant strides in the business arena, breaking barriers and achieving remarkable success. However, despite these advancements, women still face unique challenges, particularly in pursuing higher education and advancing their careers in business. Recognizing the importance of supporting women in this field, numerous organizations and institutions offer scholarships specifically tailored to empower and uplift aspiring female business leaders. 

These scholarships provide financial assistance, mentorship, and networking opportunities, enabling women to pursue their academic and professional goals with confidence. In this article, we’ll explore 12 of the best scholarships for women in business, each offering invaluable support and resources for women seeking to thrive in the business world.

Let’s see 12 best Scholarships for Women in Business:

1. The Jane M. Klausman Women in Business Scholarship: 

Established by Zonta International, this is one of the best scholarships for women that aims to encourage women to pursue careers in business and management. It provides financial assistance to women enrolled in undergraduate or master’s degree programs in business-related fields. Recipients of this scholarship not only receive funding but also benefit from networking opportunities and mentorship from Zonta members.

2. The Forté Foundation MBA Fellowships for Women: 

The Forté Foundation is committed to increasing the number of women in MBA programs and business leadership roles. Their MBA Fellowships for Women are awarded to outstanding female candidates who demonstrate leadership potential and a commitment to advancing women in business. These fellowships provide substantial financial support, access to professional development resources, and connections to a vast network of like-minded women in business.

3. The Goldman Sachs MBA Fellowship for Women: 

12 Best Scholarships for Women in Business | CIO Women Magazine
Source – Course Joiner

Goldman Sachs, a leading global investment banking firm, offers this fellowship to exceptional female MBA students. Recipients of this fellowship receive financial assistance to support their education and may also have the opportunity to intern at Goldman Sachs, gaining invaluable experience and insights into the finance industry.

4. The Ellevate Network Scholarships: 

Ellevate Network is a global community of professional women committed to supporting one another’s success. They offer various scholarships and grants to women pursuing undergraduate or graduate degrees in business-related fields. These scholarships not only provide financial support but also grant recipients access to Ellevate’s extensive network of mentors, resources, and career opportunities.

5. The National Association of Women MBAs (NAWMBA) Scholarship Program: 

NAWMBA is dedicated to empowering and advancing women in business education and leadership. Their scholarship program offers financial assistance to women pursuing MBA or other graduate business degrees. Recipients of NAWMBA scholarships also gain access to networking events, professional development workshops, and mentorship opportunities.

6. The P.E.O. Program for Continuing Education (PCE): 

12 Best Scholarships for Women in Business | CIO Women Magazine
Source – P.E.O. International

The P.E.O. Sisterhood is a philanthropic organization that promotes educational opportunities for women. The PCE program provides need-based grants to women who are returning to school to complete their education or pursue advanced degrees, including degrees in business administration or management.

7. The Women in Public Finance Scholarship Program: 

Women in Public Finance (WPF) is dedicated to promoting the advancement of women in the public finance industry. Their scholarship program supports women pursuing undergraduate or graduate degrees in finance, economics, or related fields. Recipients of WPF scholarships receive financial assistance and opportunities for mentorship and professional development within the public finance sector. This is one of the most popular scholarships for women in business. 

8. The American Business Women’s Association (ABWA) Scholarship Program: 

ABWA is a national organization committed to empowering women in business through networking, education, and support. Their scholarship program provides financial assistance to women pursuing undergraduate or graduate degrees in business or related fields. Recipients of ABWA scholarships also gain access to ABWA’s extensive network of professional women and career development resources.

9. The National Black MBA Association (NBMBAA) Scholarship Program: 

While not exclusively for women, the NBMBAA Scholarship Program is open to all members of the National Black MBA Association, including women. This program offers scholarships to support members pursuing MBA or other graduate business degrees. Recipients receive financial assistance and opportunities for mentorship and professional development through NBMBAA’s network.

10. The Society of Women Engineers (SWE) Scholarships: 

Although SWE focuses primarily on supporting women in engineering, they also offer scholarships to women pursuing degrees in other STEM-related fields, including business analytics and management science. These scholarships provide financial assistance and access to SWE’s network of professional women in STEM industries.

11. The Patsy Takemoto Mink Education Foundation Scholarship: 

This scholarship is named in honor of Patsy Takemoto Mink, a pioneering advocate for women’s rights and education. The Mink Scholarship provides financial support to low-income women with children who are pursuing higher education or vocational training, including degrees in business administration or entrepreneurship.

12. The Jeannette Rankin Women’s Scholarship Fund: 

12 Best Scholarships for Women in Business | CIO Women Magazine
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Scholarships for women in business is synonymous with The Jeannette Rankin Women’s Scholarship Fund. Named after Jeannette Rankin, the first woman elected to the United States Congress, this scholarship is designed to support low-income women over the age of 35 in pursuing higher education. The Rankin Scholarship provides financial assistance to women pursuing undergraduate or vocational degrees, including degrees in business and finance.

Conclusion

Scholarships for women in business play a crucial role in promoting gender equality and empowering women to achieve their academic and professional aspirations. By providing financial support, mentorship, and networking opportunities, these scholarships help break down barriers and create pathways for women to excel in the competitive world of business.

Women who aspire to leadership roles in business should explore these opportunities and leverage the resources they provide to pave the way for their success. With the support of these scholarships, women can confidently pursue their dreams and make their mark in the business world, driving positive change and inspiring future generations of female leaders.

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