Scholarships For African Entrepreneurs Pursuing Business Degrees

Scholarships For African Entrepreneurs Pursuing Business Degrees

Business administration is a facet of the business realm that encompasses the entire spectrum of business management, overseeing the business processes to achieve the primary goal of generating profits. Whether it’s an organization, company, or business entity, the ultimate objective is profit generation. To fulfill this objective effectively, there is a current demand for skilled business professionals.

Pursuing a scholarship program to garner assistance stands out as a highly favorable choice for students, and numerous scholarships specifically designed for business administration are accessible to them.

Four Key Motivations for Pursuing a Business Administration Education

  • A strong rationale exists for delving into the study of business administration, chiefly driven by the indispensable need for business experts within profit-oriented organizations.
  • The persistent demand for skilled professionals in the business sector is evident, given the relatively limited number of individuals in this domain.
  • This course imparts a diverse set of skills encompassing effective communication, analytical thinking, and interpersonal relationship management, among others.
  • The acquisition of such skills proves invaluable in the dynamic landscape of the business world.
  • The realm of business administration offers a plethora of career opportunities, providing individuals with the flexibility to choose and specialize in various paths.
  • The versatility of this field facilitates seamless career transitions within the business sector, enhancing the feasibility of exploring different professional avenues.

Scholarships For African Entrepreneurs Pursuing Business Degrees

Companies are actively searching for skilled business professionals to contribute to the growth of their businesses, and the need for such professionals is consistently rising. Here are some scholarships that can support your pursuit of a brighter future.

The Cleary University Academic Scholarship:

The Cleary University Academic Scholarship, offered in collaboration with various businesses and organizations, grants scholarships annually to deserving students. This scholarship provides a $7,500 award to support the ongoing enhancement of education.

Requirements for Eligibility:

  • This scholarship is open to high school students with aspirations to pursue business-related courses at the university level.
  • Applicants must have a minimum cumulative GPA of 3.2 and meet the specified SAT or ACT score criteria to be considered eligible.
  • Successful candidates are expected to enroll in a full-time business degree program at Cleary University, where they will utilize the awarded scholarship.

The AACE International Scholarship:

The AACE International Scholarship presents a monetary award of approximately $2,500 to university students pursuing a full-time business major. Established in 1956 to support students in their educational pursuits, the scholarship program extends its benefits to three categories: United States, Canadian, and other international students.

Requirements for eligibility:

  • The scholarships target students engaged in full-time business majors at the university.
  • Applicants for the AACE International Scholarship must currently be enrolled full-time in an institution accredited by ABET or in a program accredited by ABET in areas such as engineering,
  • Applicants should maintain a cumulative GPA of 3.0 and should not be currently employed by any organization at the time of application sub Management of construction, construction of buildings, computer science, administration of business, surveying of quantities, or technology of information.

The Asian Women Business Scholarship (AWIB):

The Asian Women Business Scholarship (AWIB) is an annual scholarship designed for Asian women with aspirations of becoming future leaders in the business world. Established in 1995 as a non-governmental organization (NGO), AWIB is dedicated to supporting Asian women entrepreneurs and business professionals by granting scholarships to female undergraduate students. Successful applicants receive an award of approximately $2,500 from the AWIB scholarship board.

In order to qualify for this scholarship, candidates must satisfy the specified conditions:

  • Be a female Asian student residing in the United States.
  • Currently be a full-time undergraduate student enrolled in an accredited institution pursuing a four-year course in business administration or other related business disciplines.
  • Possess a minimum GPA of 3.0 before the application can be considered.

The award is open to female students with ancestry from specific Asian countries, including Bangladesh, Bhutan, Cambodia, China, India, Indonesia, Japan, Korea, Laos, Malaysia, Mongolia, Myanmar, Nepal, Philippines, Pakistan, Singapore, Sri Lanka, Taiwan, Thailand, or Vietnam.

To apply, candidates must submit their current college transcript, provide several letters of recommendation, write two essays, and complete and sign an AWIB Scholarship Application.

The Brightest Minds MBA Scholarship:

Brightest Minds MBA Scholarship aims to provide financial support to university students pursuing a Master’s of Business Administration (MBA) or Executive MBA degree. The scholarship grants, totaling up to $25,000, will be awarded to the top-performing individuals selected randomly from a pool of six candidates.

Eligible applicants must intend to pursue their MBA or Executive MBA at the university upon receiving the scholarship. Recipients of the $25,000 award are expected to utilize the funds within one of the business schools endorsed by the scholarship program.

Additionally, applicants are required to fulfill eligibility criteria, including completing a GMAT practice test, comprising a 75-minute verbal section and a 75-minute quantitative section.

The SHARE Fellowship Scholarship:

The SHARE Fellowship Program, supported by the globally renowned Thunderbird School of Global Management, collaborates to provide full-tuition scholarships for exceptionally bright students from developing nations. These scholarships enable recipients to pursue master’s degrees in business, global affairs, and management courses.

Qualification Requirements:

  • Applicants should have previously secured admission to an undergraduate program in a relevant field, accompanied by a commendable undergraduate GPA.
  • The scholarship is exclusively available to individuals from specific countries, namely Algeria, China, Colombia, Costa Rica, Egypt, Ghana, Honduras, Jordan, Kenya, Macedonia, Nepal, Nigeria, Peru, South Sudan, Tanzania, Togo, Ukraine, Uzbekistan, Vietnam, and Zimbabwe.
  • Prospective students are expected to exhibit a dedicated commitment to becoming catalysts for positive change in their home countries after successfully completing their studies.

The Wright Global Business Scholarship:

The Wright Global Business Scholarship Awards are granted by the University of Baltimore via its Merrick School of Business. This annual scholarship is available to eligible undergraduate and graduate students interested in pursuing business studies abroad.

To be eligible, applicants must have completed a minimum of six credits in their current program and must maintain a satisfactory academic record.

Additionally, candidates should have received acceptance for a course or internship at a recognized foreign institution, with proof of admission required. Applications will be accepted continuously to support tuition and travel expenses specifically for international field study courses.

The David and Jeannie Price Scholarship:

The David and Jeannie Price Scholarship, established in collaboration with the Baton Rouge Area Foundation in 2007, provides financial support for undergraduate students pursuing business degrees at Louisiana State University in Columbia. The scholarship, which grants up to $3,000, is intended to assist with tuition fees.

Qualification Requirements:

  • This scholarship is available to undergraduate students enrolled in business and related programs at Louisiana State University or the University of Missouri in Columbia.
  • Applicants must have a minimum cumulative GPA of 3.5 at the time of application.

Scholarships for African Descent Microsoft Employees:

The scholarship program at Microsoft, known as BAM (Blacks At Microsoft), is designed to support African-American employees pursuing degrees in fields such as finance, business administration, engineering, computer science, and more. The BAM scholarship offers a financial award of up to $20,000.

Qualification Requirements:

  • Prospective scholarship recipients should be high school students with African, African-American, or Ethiopian heritage.
  • Applicants must commit to enrolling in a four-year university program upon acceptance.
  • Candidates must maintain a minimum cumulative GPA of 3.3, and evidence of financial need is a prerequisite.

The ACMPE Scholarship Funds:

ACMPE Scholarship Fund provides financial assistance ranging from $1,000 to $5,000 to undergraduate and graduate students pursuing studies in healthcare administration, public health, business administration, and related fields of medical practice management. The fund offers nine distinct scholarships to eligible applicants.

Requirements for eligibility include enrollment in an undergraduate or graduate degree program focusing on relevant studies such as medical and healthcare administration, business administration, and similar fields.

The scholarship program encompasses nine distinct scholarships, each with varying qualifications, which can be reviewed on the official scholarship website.

The Gill-Elliot Scholarship:

Named in tribute to William J. Elliot, a dedicated educator with over 32 years of service at Highlands High School, this scholarship is administered through the Blue Grass Community Foundation. It is an annual award of up to $2000 aimed at supporting students aspiring to pursue university studies in business administration, engineering, education, or pre-medicine.

Qualification Requirements:

  • This scholarship opportunity is open to high school students aspiring to pursue an undergraduate degree at the university level.
  • Applicants must demonstrate a strong academic record and provide evidence of financial need when submitting their applications.

The Imperial College Business School Scholarship:

Imperial College Business School provides two scholarships tailored for African students: the African Regional Scholarship, offering a substantial amount of £15,000 (around $18,800), and the Black Future Leader Award, designed to address the underrepresentation of students with Black backgrounds worldwide in their master’s programs, awarding 50% of tuition fees.

The Baye Business School Scholarship:

For Bayes Business School, a fortunate student enrolled in the MSc Insurance and Risk Management program has the opportunity to receive a full tuition fee scholarship. This scholarship is specifically designated for a candidate from the Middle East or North Africa who demonstrates financial need.


The business sector is resilient and continually expanding, ensuring its sustained existence. For students aspiring to pursue business administration courses at both undergraduate and graduate levels, numerous scholarship opportunities are available. These programs aim to accelerate your academic journey by providing financial assistance for tuition and other study-related expenses.


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