As the competitive business marketplace of the 21st century continues to globalize, more organizations and universities are investing in future global business leaders by offering international business scholarships.
If you enjoy traveling across international borders, interacting with people from other cultures, learning about global trade systems, and getting involved in political debates, then you could be the perfect fit for an international business degree.
International business degrees can help you finance a well-rounded business education that prepares you for becoming a trade manager, import/export compliance specialist, economist, management analyst, international banker, foreign service officer, public relations specialist, and more.
Below we've highlighted 20 of the best and most lucrative scholarships available for international business majors looking to break into the global business scene.
1. Advancing Aspirations Global Scholarship
Deadline: July 25th
Offered through Womenetics, the Advancing Aspirations Global Scholarship (AAGS) is awarded annually for $2,500 to $5,000 to five young female students who are pursuing their first bachelor's degree in a major related to international business or international relations. Eligible candidates must be U.S. citizens, be enrolled full-time in an accredited college or university, have good academic standing, demonstrate a strong leadership potential, and write a 2,500-word essay explaining one of the critical business issues affecting women globally today. In addition to the scholarship, recipients will be granted an expense-paid trip to participate in the Global Women's Initiative in Chicago.
2. BP Global Citizens of Tomorrow Scholarship
Deadline: March 1st
As part of the AFS Intercultural Programs, the BP Global Citizens of Tomorrow Scholarship is available for financially challenged students from diverse backgrounds who are interested in increasing their intercultural awareness to succeed in today's global economy by studying abroad in Brazil, China, India, Malaysia, or South Africa. For one of the 23 annual full scholarships, qualified applicants should possess a career interest in the international energy industry, be recommended by a teacher, possess a minimum GPA of 3.0, and complete a FAST financial aid application. This scholarship is only available to aspiring international business leaders residing in Greater Chicago, Seattle, and Texas.
3. Celia M. Howard Fellowship
Deadline: November 15th
Established by the Illinois Federation of Business and Professional Women (IFBPW), the Celia M. Howard Fellowship is designed to give $10,000 to mature Illinois women who are pursuing advanced studies in international business, diplomacy, international management, law, and administration of justice. Applicants must be U.S. citizens, have lived in Illinois for at least two years, have already received a bachelor's degree, possess a minimum undergraduate GPA of 3.0, and demonstrate practical business experience in government. Funds can be used to cover tuition expenses at the University of Illinois, Southern Illinois University, Tufts University, or the Thunderbird School of International Management.
4. Don Riebhoff Memorial Scholarship
Deadline: January 31st
Within the American Radio Relay League (ARRL), the Don Riebhoff Memorial Scholarship is awarded annually for $1,000 to students pursuing a bachelor's or master's degree in international business, trade, relations, marketing, affairs, or other closely related global studies. All applicants must be attending an accredited post-secondary institution, be ARRL members, have an active technician class license or higher, exhibit financial need, possess academic merit, and show an interest in promoting amateur radio. Along with the online application, candidates must attach an official college transcript, FAFSA form, and personal statement.
5. Executive Women International Scholarships
Across the United States, chapters of the Executive Women International (EWI) are offering annual scholarships for $1,000 to $5,000 apiece to the highest achieving female high school seniors who plan to pursue a business-related degree at an accredited post-secondary institution within North America. Eligible candidates must exhibit financial need, maintain a minimum overall GPA of 3.0, be actively involved in extra-curricular/work activities, and aspire to become global executive businesswomen. For consideration, applicants must attach two letters of recommendation, complete a biographical questionnaire, submit a FAFSA form, obtain an unofficial transcript, and write a 750-word essay on their future career plans.
6. Henry A. Zuberano Scholarship
Deadline: February 19th
Sponsored by the Hawaii Community Foundation (HCF), the Henry A. Zuberano Scholarship is awarded annually for $1,000 to nine outstanding undergraduate students who have declared a major in political science, international relations, international business, or public administration. Qualified candidates must reside in Hawaii, have U.S. citizenship, plan to attend an accredited two or four-year college, carry at least 12 credits per semester, exhibit financial need, demonstrate good moral character, and maintain a minimum overall GPA of 2.7. Applications must be accompanied by a Student Aid Report, an official transcript, and a two-page personal statement answering questions listed in on the foundation's website.
7. Malcolm Baldrige Scholarship
Deadline: March 15th
Ranging in value from $2,000 to $4,000, the Malcolm Baldrige Scholarship is presented each year through the Connecticut Community Foundation to graduating high school seniors who will be pursuing an undergraduate degree in international business, trade, or manufacturing in the upcoming fall. Eligible applicants must be accepted into a Connecticut college, reside within the state, have U.S. citizenship, plan to maintain full-time enrollment, show fluency in or formal study of a foreign language, have financial need, and be actively involved in extra-curricular or work activities. Recipients who successfully maintain a cumulative GPA of 2.0 or higher can renew their scholarship for additional funding.
8. Marjorie M. Shostak Scholarship
Deadline: November 23rd
Administered through the Women in International Trade of Los Angeles (WIT-LA), the Marjorie M. Shostak Scholarship is granted for $1,500 annually for women pursuing an undergraduate degree in international business and/or international trade at an accredited Southern California institution. Candidates must be enrolled full-time, have at least sophomore standing, have U.S. citizenship or legal residency, maintain good academic standing with a minimum overall GPA of 3.0, and submit two letters of recommendation. Preference will be given to students who can demonstrate their leadership qualities with a record of involvement in extra-curricular activities on campus and/or in community service.
9. Mary Kathleen Berry Study Abroad Scholarship
Deadline: April 15th and October 15th
Offered by the Institute of International Business (IIB), the Mary Kathleen Berry Study Abroad Scholarship is granted for up to $7,500 to deserving undergraduate and graduate students at Georgia State University who are pursuing the "Global Business and Media" study abroad program. Qualified candidates must demonstrate financial need, carry a minimum overall GPA of 3.0, have U.S. citizenship, and be currently working toward the completion of a GSU degree. Preference will be given to outstanding students enrolled in the J. Mack Robinson College of Business with an international business major who have never studied abroad before.
10. MillerCoors National Scholarship Fund
Deadline: May 30th
Within the ¡Adelante! U.S. Education Leadership Fund, the MillerCoors National Scholarship is awarded each year for $3,000 to American citizens of Hispanic or Latino heritage who are pursuing an accredited degree in business, accounting, international business, marketing, public relations, economics, or finance. Qualified applicants are required to have at least junior-level status, maintain full-time enrollment, possess a minimum overall GPA of 3.0 or above, show leadership potential, and agree to attend the Annual Leadership Institute in San Antonio. Funds can only be used to cover tuition expenses at partnering universities in Arizona, California, Colorado, Florida, Illinois, New Mexico, Nevada, New York, Texas, and Washington.
11. NBAA International Operators Scholarship
Deadline: November 28th
Through the National Business Aviation Association, the NBAA International Operators Scholarship is awarded annually for $5,000 to professionals engaged in international operations for the business aviation industry who seek to enhance their global knowledge by enrolling in a degree program and/or taking additional training courses. Completed applications must include at least one professional letter from an NBAA member representative, a current resume of aviation work experience, and a 500-word essay describing how the scholarship funding will help applicants' meet their international aviation career objectives.
12. NCITD International Trade Scholarship
Deadline: May 1st
Annually, the National Council on International Trade Development (NCITD) awards at least one for $1,000 or more to undergraduate and graduate students currently enrolled in an accredited degree program focused on international trade, political science, international relations, international business, international law, international finance, or economics. Eligible applicants must have at least junior-level standing, attend an approved U.S. university, have a minimum overall GPA of 3.0, show a proven interest in international trade, and submit a letter of recommendation from a NCITD member or professor. Along with the funding, recipients will obtain a free one-year membership and be invited to attend the council's monthly meetings.
13. Patricia Escudero Scholarship
Deadline: January 25th
At the Hult International Business School, the Patricia Escudero Scholarship has been created in loving memory of a beloved student who was diagnosed with cancer, completed class assignments with chemotherapy sessions, and eventually lost her life three weeks short of graduating. Qualified students must be in need of financial aid, be enrolled at least part-time in a Hult master's degree program in international business or international marketing, exhibit Escudero's determination to succeed, and maintain a minimum overall GPA of 3.4. Applicants must submit a 500-word essay describing how they've overcome significant adversity to achieve personal and/or professional goals.
14. Ralph Lauren International Trade and Marketing Scholarship
Deadline: March 31st
Funded through the Ralph Lauren Corporation in honor of its Senior Vice President of Global Sourcing Donald Baum, the Ralph Lauren International Trade and Marketing Scholarship is presented annually for $5,000 to $5,700 to students at the Fashion Institute of Technology (FIT) in New York. Applicants must have a declared major in international trade and marketing, have completed at least one ITM course, maintain full-time enrollment, possess a minimum GPA of 3.0, and have done volunteer work in the international fashion industry. Along with submitting a complete application, candidates must be recommended by FIT faculty and be available for an interview in April.
Ralph Lauren International Trade and Marketing Scholarship
Seventh Avenue at 27 Street
New York, NY 10001
Deadline: May 1st and October 24th
Named in honor of the IES Abroad Board of Directors for 25 years, the Robert McNeill International Business Scholarship is awarded twice annually for up to $3,000 to outstanding college students pursuing a degree in management, marketing, international business, economics, international relations, or finance. To qualify, applicants must be enrolled in an IES Abroad program, have a clear interest in international business, carry a minimum overall GPA of 3.3, and attend a participating member university full-time. Candidates should submit one academic transcript, a letter of recommendation from a faculty advisor, and a brief 250-word personal statement describing how studying abroad will influence their future in business.
16. Schmidheiny Global Business Scholarship
Deadline: January 10th
Through the Institute for Business in the Global Context (IBGC), the Schmidheiny Global Business Scholarship is funded from the generosity of Thomas Schmidheiny to exemplary graduate students at Tufts University who are enrolled in the Fletcher School to earn the Master of International Business (MIB) degree. Applicants must show have career interests that lie in the interactions between public and private sectors, show strong leadership promise, and be interested in furthering their knowledge on international affairs impacting global business. All recipients will be given full tuition coverage for at least one academic year.
17. SHARE Fellowship Program
As the #1 ranked international business school in the world, the Thunderbird School of Global Management is proud to deliver the SHARE Fellowship Program to provide full-tuition awards to high-potential students from developing third-world countries for earning a Master of Global Management (MGM) or Master of Arts in Global Affairs & Management. Candidates must be offered admissions, have a high undergraduate GPA, and demonstrate a commitment to acting as a change agent for their home country upon completion. Applications will be accepted from academically talented students in Algeria, China, Colombia, Costa Rica, Egypt, Ghana, Honduras, Jordan, Kenya, Macedonia, Nepal, Nigeria, Peru, South Sudan, Tanzania, Togo, Ukraine, Uzbekistan, Vietnam and Zimbabwe.
18. The Margaret A. Patrick and W. Don Welch Scholarships
Deadline: June 30th
For the South Carolina International Trade Conference (SCITC), the Margaret A. Patrick and W. Don Welch Scholarships are awarded for up to $2,500 apiece to rising college junior and senior undergraduate students who are pursuing a degree related to international trade and/or international business. Qualified candidates must maintain a minimum overall GPA of 3.2, be enrolled in a college or university within South Carolina, reside in the state, and have a proven career interest in international trade. Applications must include college transcripts, at least one written recommendation letter, and a brief typewritten narrative explaining why candidates' deserve one of the five annual scholarships.
19. WIIT Charitable Trust Scholarships
Deadline: June 15th
As part of the Women in International Trade (WIIT) Charitable Trust, two annual scholarships for $1,500 each are granted to female undergraduate and graduate students who have declared a major in international business, international development, international relations, international trade, or international economics. Eligible candidates must be enrolled at an accredited U.S. university either full-time or part-time, have a keen interest in studying international trade issues, and maintain good academic standing. Students will be judged on the basis of their three to five-page original essay, which must briefly explain the purpose of the Generalized System of Preferences (GSP) and discuss their individual position on it.
20. Wright Global Business Scholarship Awards
At the University of Baltimore, the Merrick School of Business offers the Wright Global Business Scholarship Awards each year for varying amounts to undergraduate and/or graduate degree-seeking students who would like to take advantage of international business study abroad opportunities. Eligible applicants must have completed at least six credits in their program, be in good academic standing, be accepted for a course or internship at an accredited foreign institute, and show an appreciation for learning the global context in which businesses operate. Applications will be accepted on a rolling basis to cover tuition and travel fees for international field study courses only.
Whether you're at the bachelor's, master's, or doctoral level, specializing your business degree in international business is a smart move for impressing employers and boosting your chances of securing management opportunities in global companies after graduation. However, you'll first need to find the cash to cover the hefty tuition costs associated with completed four to six or more in higher education. Keep these great international business scholarships are your radar to grow your financial funds while expanding your knowledge of global markets.