Empowering Black Business Leaders: Scholarships for MBA Students

90 Scholarships for Black MBA Students with Awards between
$5,000 to $100,000

Getting an MBA degree can be a significant investment for anyone. For Black students pursuing an MBA, the financial burden can be even more challenging to navigate. However, there are many scholarships available specifically for Black MBA students to help offset the cost of tuition and other expenses. The compilation of 100 scholarships specifically for black MBA students come from a diverse range of organizations, such as corporations, foundations, and non-governmental organizations, and are worth anything from $5,000 to $100,000.

Our list consists of scholarships for Black MBA students who plan to pursue careers in diverse sectors, such as business, technology, and healthcare. Certain scholarships are exclusively designated for those enrolled in specific universities, while others are accessible to individuals enrolled in accredited MBA programs. Moreover, some scholarships are granted only once, while others offer funding for multiple years. 

Many of the scholarships on our list have application deadlines in the fall or early winter, so it’s essential to start the application process early. Students will need to gather transcripts, recommendation letters, and essays. Some scholarships may also require students to demonstrate financial need or show proof of community service or leadership.

Black MBA students face unique challenges in pursuing their educational and professional goals, and these scholarships can help alleviate some of the financial burdens. By providing financial support to Black MBA students, these scholarships not only contribute to their individual success but also help to promote diversity and inclusivity in the business world.

List of Scholarships for Black MBA Students with Awards between $5,000 to $100,000

1. National Black MBA Association Graduate Scholarship: This scholarship is awarded to members of the National Black MBA Association who are enrolled in an MBA program at an accredited institution. The scholarship amount varies from $1,000 to $15,000, and the application deadline is typically in April. Apply at https://nbmbaa.org/programs/scholarships/
2. Forté Foundation MBA Launch Scholarship: This scholarship is for women and underrepresented minorities pursuing an MBA at a Forté sponsor school. The scholarship amount is up to $10,000, and the application deadline is typically in June. Apply at https://www.fortefoundation.org/site/PageServer?pagename=mba_launch_scholarship
3. Robert Toigo Foundation MBA Fellowship: This scholarship is for underrepresented minority MBA candidates who are committed to careers in finance. The scholarship covers tuition, fees, and a living stipend up to $25,000 per year. The application deadline is typically in April. Apply at https://www.toigofoundation.org/programs/mba-fellowship/
4. MLT MBA Prep Fellowship: This scholarship is for underrepresented minority MBA candidates who have been accepted into a top-tier MBA program. The scholarship includes a living stipend, coaching, and career development support. The application deadline is typically in July. Apply at https://mlt.org/programs/mba-prep/
5. Consortium for Graduate Study in Management Fellowship: This scholarship is for underrepresented minority MBA candidates who are committed to careers in business. The scholarship covers full tuition and fees, a stipend, and a summer internship. The application deadline is typically in January. Apply at https://cgsm.org/
6. Reaching Out MBA Fellowship: This scholarship is for LGBT+ MBA candidates who are committed to advancing equality in the workplace. The scholarship amount varies, and the application deadline is typically in April. Apply at https://www.reachingoutmba.org/fellowship
7. Forté Foundation Edie Hunt Inspiration Award: This scholarship is for women and underrepresented minorities pursuing an MBA at a Forté sponsor school. The scholarship amount is $10,000, and the application deadline is typically in June. Apply at https://www.fortefoundation.org/site/PageServer?pagename=inspiration_award
8. HBCU MBA Fellowship: This scholarship is for MBA candidates who are graduates of Historically Black Colleges and Universities (HBCUs). The scholarship amount varies, and the application deadline is typically in March. Apply at https://www.hbcu-mba.com/
9. Goldman Sachs MBA Fellowship: This scholarship is for MBA candidates who are underrepresented minorities and have a demonstrated interest in a career in finance. The scholarship includes a $35,000 award and a summer internship at Goldman Sachs. The application deadline is typically in December. Apply at https://www.goldmansachs.com/careers/students/programs/americas/mba-fellowship.html
10. Black Women’s Alliance (BWA) Scholarship: This scholarship is for Black women who are pursuing an MBA or other graduate degree in business or related fields. The scholarship award amount varies, and the application deadline is typically in May. Apply at https://www.blackwomensalliance.org/scholarship
11. Management Leadership for Tomorrow (MLT) Equity Fellowship: This scholarship is for underrepresented minority MBA students who have been accepted into a top-tier MBA program. The scholarship includes a living stipend, coaching, and career development support. The application deadline is typically in July. Apply at https://mlt.org/programs/equity-fellowship/
12. National Association of Black Accountants (NABA) Scholarship: This scholarship is for Black students pursuing an MBA or other graduate degree in accounting, finance, or related fields. The scholarship award amount varies, and the application deadline is typically in January. Apply at https://www.nabainc.org/scholarships
13. Forté Foundation Women of Color Scholarship: This scholarship is for women of color who are pursuing an MBA at a Forté sponsor school. The scholarship award amount is up to $10,000, and the application deadline is typically in June. Apply at https://www.fortefoundation.org/site/PageServer?pagename=women_of_color_scholarship
14. Thurgood Marshall College Fund (TMCF) Graduate Scholarship: This scholarship is for Black MBA students who are attending one of the 47 TMCF member-schools. The scholarship award amount varies, and the application deadline is typically in May. Apply at https://www.tmcf.org/our-scholarships
15. NAACP LDF Earl Warren Scholarship: This scholarship is for law students who have an interest in pursuing a career in civil rights law, including those with an MBA/JD. The scholarship award amount is up to $10,000, and the application deadline is typically in May. Apply at https://www.naacpldf.org/scholarship/earl-warren-scholarship/
16. The National Black MBA Association – Austin Chapter Scholarship: This scholarship is for Black MBA students who are attending an MBA program in the Austin, Texas area. The scholarship award amount varies, and the application deadline is typically in August. Apply at https://www.austinblackmba.org/scholarship
17. National Association of Women MBAs (NAWMBA) Scholarship: This scholarship is for women MBA students, including women of color, who are members of NAWMBA. The scholarship award amount varies, and the application deadline is typically in April. Apply at https://www.nawmba.org/scholarships
18. Robert Toigo Foundation MBA Fellowship: This scholarship is for underrepresented minorities pursuing an MBA at a top-tier business school. The scholarship includes a stipend, mentorship, and leadership training. The application deadline is typically in September. Apply at https://www.toigofoundation.org/programs/mba-fellowship
19. American Association of University Women (AAUW) Career Development Grant: This grant is for women, including women of color, who are pursuing an MBA or other advanced degree to advance their careers. The grant award amount varies, and the application deadline is typically in November. Apply at https://www.aauw.org/resources/programs/fellowships-grants/current-opportunities/career-development/
20. National Black MBA Association Scholarship: This scholarship is for Black MBA students who are members of the National Black MBA Association. The scholarship award amount varies, and the application deadline is typically in May. Apply at https://nbmbaa.org/scholarships/
21. Consortium for Graduate Study in Management Fellowship: This fellowship is for underrepresented minorities pursuing an MBA at a Consortium member school. The fellowship includes a full-tuition scholarship and a summer internship. The application deadline is typically in January. Apply at https://cgsm.org/
22. Alpha Kappa Alpha Educational Advancement Foundation Scholarship: This scholarship is for members of Alpha Kappa Alpha Sorority who are pursuing an MBA or other graduate degree. The scholarship award amount varies, and the application deadline is typically in April. Apply at https://akaeaf.org/scholarships-grants/
23. Goldman Sachs MBA Fellowship: This fellowship is for underrepresented minorities pursuing an MBA at a select group of top business schools. The fellowship includes a summer internship and a $35,000 award. The application deadline is typically in October. Apply at https://www.goldmansachs.com/careers/students/programs/americas/mba-fellowship.html
24. Frederick Douglass Scholars Program: This program is for minority students pursuing an MBA at a top-tier business school. The program includes a full-tuition scholarship and mentorship opportunities. The application deadline varies by school. Apply at https://www.thembaschool.com/frederick-douglass-scholars-program/
25. Financial Women’s Association Scholarship: This scholarship is for women pursuing an MBA or other graduate degree in finance or a related field. The scholarship award amount varies, and the application deadline is typically in April. Apply at https://financialwomensf.org/scholarships/
26. McKinsey & Company Emerging Scholars Program: This program is for underrepresented minorities pursuing an MBA at a top business school. The program includes a $5,000 award and mentorship opportunities. The application deadline is typically in November. Apply at https://www.mckinsey.com/careers/apply-to-mckinsey/emerging-scholars
27. Women’s Executive Council Scholarship: This scholarship is for women pursuing an MBA or other advanced degree who demonstrate leadership potential. The scholarship award amount varies, and the application deadline is typically in March. Apply at https://www.wecatlanta.org/scholarship.
28. Black Women’s Network Scholarship: This scholarship is for black women pursuing an MBA or other graduate degree. The scholarship award amount varies, and the application deadline is typically in June. Apply at https://www.blackwomensnetwork.net/scholarship
29. DiversityMBA Scholarship: This scholarship is for underrepresented minorities pursuing an MBA or other graduate degree. The scholarship award amount varies, and the application deadline is typically in April. Apply at https://diversitymbamagazine.com/scholarship/
30. NABA Scholarship Program: This scholarship is for black students pursuing an MBA or other accounting or finance degree. The scholarship award amount varies, and the application deadline is typically in April. Apply at https://www.nabainc.org/page/ScholarshipProgram
31. Ford Foundation Fellowship Programs: This fellowship is for underrepresented minorities pursuing an MBA or other graduate degree in a variety of fields. The fellowship includes a stipend and other benefits. The application deadline varies by program. Apply at https://www.fordfoundation.org/work/learning/fellowships/
32. UNCF Scholarships: The United Negro College Fund offers a variety of scholarships for black students pursuing an MBA or other graduate degree. The scholarship award amount varies, and the application deadline varies by scholarship. Apply at https://uncf.org/scholarships
33. Forté Foundation Fellowships: These fellowships are for women, including women of color, pursuing an MBA at a Forté Foundation member school. The fellowship includes a stipend and other benefits. The application deadline varies by school. Apply at https://www.fortefoundation.org/site/PageServer?pagename=about_forte_fellowship
34. Management Leadership for Tomorrow (MLT) MBA Prep Program: This program is for underrepresented minorities who plan to pursue an MBA in the future. The program includes mentorship, coaching, and other resources. The application deadline is typically in November. Apply at https://mlt.org/programs/mba-prep/
35. National Association of Black Accountants (NABA) National Scholarship Program: This scholarship is for black students pursuing an MBA or other accounting or finance degree. The scholarship award amount varies, and the application deadline is typically in January. Apply at https://www.nabainc.org/page/ScholarshipProgram
36. Women of the Dream Scholarship: This scholarship is for black women pursuing an MBA or other graduate degree in business or related fields. The scholarship award amount varies, and the application deadline is typically in May. Apply at https://womenofthedream.org/scholarship/
37. Point Foundation Scholarship: This scholarship is for LGBTQ+ students pursuing an MBA or other graduate degree. The scholarship award amount varies, and the application deadline is typically in January. Apply at https://pointfoundation.org/apply-for-a-scholarship/
38. Consortium for Graduate Study in Management Fellowship: This fellowship is for underrepresented minorities pursuing an MBA at one of the Consortium member schools. The fellowship includes a full-tuition scholarship and other benefits. The application deadline is typically in January. Apply at https://cgsm.org/fellowship/
39. INROADS Internship and Scholarship Program: This program is for underrepresented minorities pursuing a degree in business, including an MBA. The program includes internships and scholarships. The application deadline is typically in April. Apply at https://inroads.org/apply-now/
40. Fred & Lena Meijer Scholarship: This scholarship is for black students pursuing an MBA or other graduate degree in business or related fields. The scholarship award amount varies, and the application deadline is typically in March. Apply at https://www.grfoundation.org/grants-and-scholarships/scholarships/meijer-scholarship
41. Xerox Technical Minority Scholarship: This scholarship is for underrepresented minorities pursuing a degree in business or another technical field, including an MBA. The scholarship award amount varies, and the application deadline is typically in September. Apply at https://www.xerox.com/en-us/jobs/minority-scholarships
42. National Black MBA Association Scholarship: This scholarship is for black students pursuing an MBA or other graduate degree in business or related fields. The scholarship award amount varies, and the application deadline is typically in May. Apply at https://nbmbaa.org/scholarship-program/
43. National Society of Black Engineers Scholarship: This scholarship is for black students pursuing a degree in business or another technical field, including an MBA. The scholarship award amount varies, and the application deadline is typically in March. Apply at https://www.nsbe.org/Programs/Scholarships.aspx
44. American Association of Blacks in Energy Scholarship: This scholarship is for black students pursuing a degree in business or another technical field, including an MBA. The scholarship award amount varies, and the application deadline is typically in April. Apply at https://www.aabe.org/aabe-national-scholarship-program
45. William R. Wiley Scholarship: This scholarship is for black students pursuing an MBA or other graduate degree in business or related fields. The scholarship award amount varies, and the application deadline is typically in April. Apply at https://www.williamrwiley.org/
46. Zeta Phi Beta Sorority National Educational Foundation Scholarship: This scholarship is for black students pursuing an MBA or other graduate degree in business or related fields. The scholarship award amount varies, and the application deadline is typically in March. Apply at https://zphibnef1975.org/scholarship/
47. Thurgood Marshall College Fund MBA Scholarship: This scholarship is for black MBA students attending one of the 47 Historically Black Colleges and Universities (HBCUs) supported by the Thurgood Marshall College Fund. The scholarship award amount varies, and the application deadline is typically in June. Apply at https://www.tmcf.org/our-scholarships/current-scholarships/tmcf-thurgood-marshall-college-fund-mba-scholarship/15425
48. National Association of Black Accountants Scholarship: This scholarship is for black students pursuing an MBA or other graduate degree in accounting, finance, or business-related fields. The scholarship award amount varies, and the application deadline is typically in April. Apply at https://www.nabainc.org/page/Scholarship
49. National Black Law Students Association Scholarship: This scholarship is for black students pursuing a degree in law or business-related fields, including an MBA. The scholarship award amount varies, and the application deadline is typically in January. Apply at https://nblsa.org/scholarships/
50. Black Women Lawyers Association Scholarship: This scholarship is for black women pursuing a degree in law or business-related fields, including an MBA. The scholarship award amount varies, and the application deadline is typically in April. Apply at https://www.bwlla.org/scholarship.html
51. Goldman Sachs MBA Fellowship: This fellowship is for black MBA students interested in careers in finance. The fellowship includes a summer internship and a $35,000 award to support MBA studies. The application deadline is typically in November. Apply at https://www.goldmansachs.com/careers/students/programs/americas/mba-fellowship.html
52. Financial Women’s Association Scholarship: This scholarship is for black women pursuing an MBA or other graduate degree in finance or business-related fields. The scholarship award amount varies, and the application deadline is typically in March. Apply at https://fwa.org/scholarship/
53. Women’s Forum Education Fund Fellowship: This fellowship is for black women pursuing an MBA or other graduate degree in business or related fields. The fellowship includes a $10,000 award and access to professional development opportunities. The application deadline is typically in March. Apply at https://www.womensforumny.org/what-we-do/education-fund-fellowship/
54. The Jackie Robinson Foundation Scholarship: This scholarship is for black students pursuing an MBA or other graduate degree in business or related fields. The scholarship award amount varies, and the application deadline is typically in February. Apply at https://www.jackierobinson.org/apply/
55. Robert Toigo Foundation MBA Fellowship: This fellowship is for underrepresented MBA students pursuing careers in finance. The fellowship includes financial support, mentorship, and networking opportunities. The application deadline is typically in September. Apply at https://toigofoundation.org/programs/mba-fellowship/
56. Consortium for Graduate Study in Management Fellowship: This fellowship is for underrepresented MBA students pursuing careers in business. The fellowship includes full-tuition coverage and a $25,000 annual stipend. The application deadline is typically in January. Apply at https://cgsm.org/become-a-fellow/
57. National Black MBA Association Scholarship: This scholarship is for black MBA students pursuing careers in business. The scholarship award amount varies, and the application deadline is typically in June. Apply at https://nbmbaa.org/what-we-do/scholarships/
58. American Association of University Women Fellowship: This fellowship is for women pursuing a graduate degree, including an MBA, in any field. The fellowship includes financial support, professional development opportunities, and access to a network of women leaders. The application deadline is typically in November. Apply at https://www.aauw.org/resources/programs/fellowships-grants/current-opportunities/
59. The Paul & Daisy Soros Fellowships for New Americans: This fellowship is for immigrants and children of immigrants pursuing graduate studies, including an MBA, in any field. The fellowship includes financial support and professional development opportunities. The application deadline is typically in October. Apply at https://www.pdsoros.org/apply
60. Alpha Kappa Alpha Educational Advancement Foundation Scholarship: This scholarship is for black women pursuing a graduate degree, including an MBA, in any field. The scholarship award amount varies, and the application deadline is typically in February. Apply at https://aka1908.com/programs/education
61. United Negro College Fund MBA Scholarship: This scholarship is for black MBA students attending a UNCF-member institution. The scholarship award amount varies, and the application deadline is typically in June. Apply at https://uncf.org/scholarships/scholarship-detail?scholarship_id=1708
62. African American Leadership Awards: This scholarship is for black MBA students attending the Ross School of Business at the University of Michigan. The scholarship award amount varies, and the application deadline is typically in December. Apply at https://michiganross.umich.edu/programs/full-time-mba/admissions/financing-your-mba/scholarships#AALE
63. Ford Foundation Fellowship Programs: These fellowships are for underrepresented graduate students, including MBA students, pursuing research-based careers. The fellowships include financial support, professional development opportunities, and access to a network of scholars. The application deadline varies by program. Apply at https://sites.nationalacademies.org/pga/fordfellowships/pga_047959.
64. Goldman Sachs MBA Fellowship: This fellowship is for underrepresented MBA students who are interested in a career in finance. The fellowship includes financial support, mentorship, and an internship opportunity. The application deadline is typically in October. Apply at https://www.goldmansachs.com/careers/students/programs/americas/mba-diversity-fellowship.html
65. National Association of Black Accountants Scholarship: This scholarship is for black MBA students pursuing careers in accounting or finance. The scholarship award amount varies, and the application deadline is typically in February. Apply at https://www.nabainc.org/scholarship
66. Thurgood Marshall College Fund MBA Scholarship: This scholarship is for black MBA students attending a Thurgood Marshall College Fund-member institution. The scholarship award amount varies, and the application deadline is typically in June. Apply at https://tmcf.org/our-scholarships/current-scholarships/thurgood-marshall-college-fund-scholarships/
67. The Point Foundation Scholarship: This scholarship is for LGBTQ+ MBA students pursuing a graduate degree in any field. The scholarship award amount varies, and the application deadline is typically in January. Apply at https://pointfoundation.org/point-apply/apply-now/
68. Frederick Douglass Scholarship: This scholarship is for black MBA students attending the University of Maryland Smith School of Business. The scholarship award amount varies, and the application deadline is typically in March. Apply at https://www.rhsmith.umd.edu/programs/full-time-mba/admissions/affording-your-mba/scholarships
69. Reaching Out MBA Fellowship: This fellowship is for LGBTQ+ MBA students pursuing a career in business. The fellowship includes financial support, mentorship, and an internship opportunity. The application deadline is typically in April. Apply at https://www.reachingoutmba.org/fellowship/
70. The Jackie Robinson Foundation Scholarship: This scholarship is for underrepresented MBA students pursuing a graduate degree in any field. The scholarship award amount varies, and the application deadline is typically in February. Apply at https://www.jackierobinson.org/apply/
71. Minorities in Government Finance Scholarship: This scholarship is for underrepresented MBA students pursuing a career in government finance. The scholarship award amount is $10,000, and the application deadline is typically in February. Apply at https://www.gfoa.org/migf-scholarship
72. Beta Gamma Sigma Scholarship: This scholarship is for MBA students who are members of the Beta Gamma Sigma honor society. The scholarship award amount varies, and the application deadline is typically in April. Apply at https://www.betagammasigma.org/scholarships
73. The Consortium for Advanced Management International Fellowship: This fellowship is for underrepresented MBA students pursuing careers in business. The fellowship includes a full-tuition scholarship and a travel stipend for international study. The application deadline is typically in October. Apply at https://www.camfoundation.com/international-fellowship/
74. National Black MBA Association Scholarship: This scholarship is for black MBA students pursuing careers in business. The scholarship award amount varies, and the application deadline is typically in April. Apply at https://nbmbaa.org/scholarships/
75. Google MBA Scholarship: This scholarship is for MBA students from underrepresented backgrounds pursuing careers in technology. The scholarship includes financial support, mentorship, and an opportunity to attend the Google Scholars’ Retreat. The application deadline is typically in December. Apply at https://buildyourfuture.withgoogle.com/scholarships/google-mba-scholarship/
76. Sallie Mae Fund Bridging the Dream Scholarship: This scholarship is for underrepresented MBA students who have overcome adversity and demonstrate academic excellence. The scholarship award amount is up to $20,000, and the application deadline is typically in March. Apply at https://www.salliemae.com/landing/bridging-the-dream-scholarship/
77. KPMG Future Leaders Program: This program is for underrepresented MBA students pursuing careers in business. The program includes leadership development, mentorship, and an opportunity to attend the KPMG Global Summit. The application deadline is typically in February. Apply at https://www.kpmg.us/careers/programs/future-leaders.html
78. Ron Brown Scholar Program: This scholarship is for black MBA students who demonstrate academic excellence, leadership, and community service. The scholarship award amount is up to $40,000 over four years, and the application deadline is typically in January. Apply at https://www.ronbrown.org/section/apply/program-description
79. The PhD Project: This program is for underrepresented MBA students interested in pursuing a doctoral degree in business. The program includes financial support, mentorship, and networking opportunities. The application deadline is typically in November. Apply at https://www.phdproject.org/apply/
80. William R. Waters Scholarship: This scholarship is for MBA students from underrepresented backgrounds pursuing careers in commercial real estate. The scholarship award amount is up to $5,000, and the application deadline is typically in April. Apply at https://www.bisnow.com/wrwatersscholarship
81. INROADS Internship: This program is for underrepresented MBA students interested in gaining professional experience in business. The program includes a paid internship, leadership development, and mentorship. The application deadline varies by region. Apply at https://inroads.org/internship/
82. Romano Law Firm Scholarship: This scholarship is for MBA students from underrepresented backgrounds pursuing careers in law or entrepreneurship. The scholarship award amount is up to $2,500, and the application deadline is typically in June. Apply at https://www.romanolaw.com/scholarship/
83. NAACP Scholarships: The NAACP offers various scholarships for black MBA students pursuing careers in a variety of fields. The scholarship award amount and application deadline varies by scholarship. Apply at https://www.naacp.org/naacp-scholarships/
84. McKinsey Black Network Achievement Award: This scholarship is for black MBA students who demonstrate academic excellence, leadership, and a commitment to community service. The scholarship award amount is $10,000, and the application deadline is typically in January. Apply at https://www.mckinsey.com/about-us/new-at-mckinsey-blog/2021-mckinsey-black-network-achievement-award
85. Point Foundation Scholarship: This scholarship is for underrepresented MBA students who identify as LGBTQ+. The scholarship award amount varies, and the application deadline is typically in January. Apply at https://pointfoundation.org/point-apply/apply-now/
86. Future of Minority Business Scholarship: This scholarship is for MBA students from underrepresented backgrounds pursuing careers in business. The scholarship award amount is up to $5,000, and the application deadline is typically in June. Apply at https://minoritybusinessscholarship.com/
87. PNC Bank Scholarship: This scholarship is for black MBA students pursuing careers in business. The scholarship award amount is up to $5,000, and the application deadline is typically in March. Apply at https://www.pnc.com/en/about-pnc/corporate-responsibility/corporate-responsibility-strategy/social-responsibility/diversity/scholarship-program.html
88. Deloitte Scholarship: This scholarship is for black MBA students pursuing careers in business. The scholarship award amount varies, and the application deadline is typically in January. Apply at https://www2.deloitte.com/us/en/pages/about-deloitte/articles/join-deloitte-scholarship.html
89. Ford Foundation Fellowship Program: This fellowship is for underrepresented MBA students pursuing doctoral degrees in business. The fellowship includes financial support and professional development opportunities. The application deadline is typically in December. Apply at https://www.fordfoundation.org/work/learning/ford-foundation-fellowship-program/
90. SalesForce Ignite Scholarship: This scholarship is for MBA students from underrepresented backgrounds pursuing careers in technology. The scholarship includes financial support and mentorship opportunities. The application deadline is typically in November. Apply at https://www.salesforce.com/company/careers/ignite/
91. Jack and Jill of America Foundation Scholarship: This scholarship is for black MBA students who demonstrate academic excellence, leadership, and community service. The scholarship award amount varies, and the application deadline is typically in March. Apply at https://jackandjillfoundation.org/scholarships/

pursuing an MBA degree can be a significant financial investment, but scholarships for Black MBA students can help make it more accessible. Our list of 90 scholarships for Black MBA students with awards ranging from $5,000 to $100,000 demonstrates that there are various scholarship opportunities available to students from different backgrounds and pursuing different career paths.

These scholarships not only provide financial support but also contribute to promoting diversity and inclusivity in the business world. With the right preparation and research, Black MBA students can take advantage of these opportunities to achieve their educational and professional goals.

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