For the 2017-18 academic year, the Berkeley-Haas School of Business has awarded approximately $8.7 million in scholarships & fellowships to entering students in the Full-Time MBA program. Berkeley- Haas offers both need and merit based awards to entering students. Additional merit awards are also available for continuing students for their final year of study.
Most scholarships require the completion of a supplemental personal statement. Listed below are the funding opportunities available for entering Full-time MBA students along with the essay question for each. Unless otherwise noted, the following are all two-year awards which disburse in equal installments at the beginning of each semester.
>> APPLICANT TIP: Our recommendation is that you begin to research available scholarships as you prepare for the interview process.
We strongly encourage prospective students, for whom scholarships are a major decision factor, to apply for admission sooner rather than later. Funding for some scholarships is limited and will be awarded early in the financial aid cycle. With the exception of the need-based Berkeley MBA Grant, scholarship committees will take into consideration the strength of the admissions application in their decision. Deadlines are subject to change.
>> APPLICANT TIP: It is HIGHLY recommended that students apply for awards in the same round/cycle as when they are admitted.
An admitted student may submit a scholarship application by any of the review dates posted, regardless of the round in which they are admitted. The review dates are designed to allow us to provide application results before admits must submit their deposit. However, funding is limited and is not guaranteed in later rounds.
Need-based awards require both an online application and submission of supporting documentation (details below). Applicants will be asked to submit a single digital file with supporting documentation to validate self-reported data from the application form. Our dynamic algorithm does not allow us to publish an income “cut-off point” therefore we highly recommend that all students with interest in need-based funding apply for consideration. Our review accounts for factors including, but not limited to: income, savings, assets, and household size.
>> APPLICANT TIP: Utilize the personal statement to explain any factors that have prohibited you from securing sufficient funds to support you while in your MBA program.
Merit award applications are reviewed by committees comprised of representatives from across the entire school. Scholarships and fellowship committees will utilize the admissions application in their deliberations. The supplemental essay, when applicable, will be used to gather additional targeted information for specific awards. The criteria used to select the best recipient among qualified applicants include, but are not limited to: overall strength of the admissions application, professional goals, educational achievement, intended concentration, leadership skills, and embodiment of the Haas Defining Principles. Please note that meeting the stated criteria does not mean you are guaranteed funds; rather, it means you are eligible for consideration.
The following Berkeley-Haas Scholarships are only open to admitted students. Most require supplemental information and specifics are identified below. The admissions application will play a different role for each award. Students may apply to as many awards as they are eligible.
The Berkeley MBA Grant for up to $80,000 is awarded to students based primarily on significant financial need.
Our mission at Berkeley-Haas is to develop leaders who embody our Defining Principles and redefine how we do business. Berkeley- Haas Merit Scholarships range in value and scope. Award amounts will range from $10,000- $120,000 and will be awarded to students who demonstrate excellence, advocacy and/ commitment in the following areas:
Provided by the generosity of David and Kay Aaker. This two-year fellowship for $50,000 will support high-achieving graduate students who are pursuing careers in marketing with a special interest in brand marketing or brand development.
Provided by the generosity of Mr. Michael Torres. This one-year $10,000 fellowship is awarded to MBA students who are US citizens with demonstrated leadership and commitment to diversity. Preference will be for California high school graduates and first-generation college students.
Provided by the generosity of Mr. Scott Galloway and in conjunction with the Galloway Scholars Program at Berkeley-Haas, this $50,000 award will be used to provide support for graduate students in the Full-Time MBA Program at the Haas School of Business. Mr. Galloway’s intention to financially support children of immigrants, for both undergraduate and graduate students at the Berkeley-Haas School of Business, is an incredibly generous and visionary goal. This goal is clearly stated and based on his experiences as a child of immigrants, who benefitted from the public education that California did, and continues to offer, to children of immigrant parents. He is a beneficiary of this educational opportunity and now wants to provide funding to ensure these opportunities exist for other children of immigrant families.
Established in memory of Brian L. Maxwell through the generosity of Jennifer Maxwell. The Maxwell Fellowship of $80,000 is awarded to individuals who have demonstrated entrepreneurial spirit and a drive to create and implement innovative projects, products, and ideas. For more information please visit their website.
Provided by the generosity of Mike Meyer and Carol Meyer. This $20,000 award is for students with an undergraduate degree in the fields of engineering or science as well as students who intend to pursue an entrepreneurial career.
The C & J White Fellowship of up to $50,000 is awarded to MBA students pursuing careers in finance.
The Institute for Business & Social Impact (IBSI) brings together four major Haas School centers and programs to train leaders to build a more equitable, inclusive, and sustainable society. Three major fellowships are associated with IBSI: Jacobs Foundation Fellowship, Spivack Social Impact Fellowship, and Center for Responsible Business (CRB) Fellowships. These fellowships utilize a common application for evaluation and candidate selection that is coordinated by IBSI. Applicants may apply for any combination of the IBSI coordinated fellowships (including all).
The Jacobs Foundation Fellowships of $100, 000 are awarded to individuals pursuing a career in social impact, with special interest in education (science, technology or economics) for the disadvantaged, particularly in Africa. Fellows need to be committed to the goals of the Foundation and will be regularly asked to engage with the Jacobs Foundation via their Jacobs network and conferences. They are expected to become active participants in the network, connecting with other fellows online and offline through events and conferences; and contribute to the advancement of the network as well as the Foundation’s communication channels such as the newsletter or the blog. The introductory week (“Swiss Week”) at the Jacobs Foundation takes place in Zurich, Switzerland during late spring, and attendance by Fellowship recipients, before both the first and second year of study, is expected. All travel expenses are covered by the Jacobs Foundation.
Successful applicants will convey their interest, experience and demonstrated leadership in developing innovative solutions in education, health and/or agricultural development for disadvantaged communities, particularly in Africa. Additionally, successful applicants will effectively describe their entrepreneurial vision for interlinking business with social impact in the education sector. A minimum of 3-5 years of work experience is required. Preference will be given to students who can speak French and have experience working or volunteering in Africa, especially West Africa.
The Spivack Social Impact Fellowship of $60,000 will be used to support MBA students at the Haas School of Business demonstrating experience and pursuing a career in social impact. Preference will be given to candidates who demonstrate interests in issues of social entrepreneurship, innovation, economic empathy, social impact in the supply chain for consumer/home products, and the living wage. The successful applicants will consider how they are redefining business to be more equitable, empathetic and effective - and how they hope to further develop this approach after completing their MBA at Haas.
The Center for Responsible Business Fellowship of $20,000 is awarded to students who best demonstrate their commitment to responsible and sustainable business and their desire to engage with and support the Center for Responsible Business at Berkeley-Haas. Each year, one candidate is selected earning the title “CRB Fellow.” This individual serves as a point person between the Center for Responsible Business and the Haas student body and receives an automatic placement on the CRB Student Advisory Board to help set the agenda for the CRB. The successful applicants will best consider how the Center for Responsible Business will support their aspirations and how they intend to further the mission of the CRB to “develop leaders who redefine business for a sustainable future.”
These scholarships are awarded directly by the Admissions Committee and do not require a separate application. Recipients are selected based on a variety of factors including, but not limited to, overall strength of the application for admission and leadership qualities. All admitted students are eligible for consideration and individual scholarships will be awarded up to $100,000. Notification may occur at any point after admission.
Provided by the generosity of Dr. Dato' Sri Tahir. This scholarship for $40,000 is awarded to international students with a preference for those who completed their undergraduate education in Asia.
Provided by the generosity of Steve Tirado. This is a scholarship that is awarded based on proven ability to promote diversity. Award is dependent upon available endowment payout. Last year's award was $5,000.
Provided by the generosity of alumnus John Natt (MBA '69). Up to $20,000 will be awarded to an MBA student who has received his or her undergraduate degree from the University of Oregon. Award dependent on endowment payout available and total number of eligible candidates.
Provided by the generosity of Ms. Roberta Sung in honor of Song Feiqing. Song founded the Dongya Corporation which developed into one of the most important powerhouses of the Chinese textile industry. This is a $15,000 award to support high-achieving FTMBA students with preference to students who represent the international community, preferably China, and who intend to pursue business opportunities either in China, or in other parts of Southeast Asia, after graduation.
Provided by the generosity of Joseph and Denise Jimenez. This one-year award for $2,500 is intended to support high-achieving graduate students that are US citizens who demonstrate financial need and are in the MBA Program.
Provided by the generosity of Mr. Tomek Ulatowski. This Fellowship will cover up to the cost of tuition and fees and will be awarded to students who completed their undergraduate degree in Poland with a preference for those intending to return to Poland after graduation.
The Yellow Ribbon Program is a matching fund option for U.S. military veterans who served at least 36 months and qualify for 100% of the Post 9/11 GI Bill benefit. This scholarship does not require a personal statement. A copy of your Certificate of Eligibility (COE) is required, with an email request for participation in the Yellow Ribbon Program. The difference covered between CA Resident and Non-CA resident fees is approximately $1,017 for the 2017-18 academic year.
The following Berkeley-Haas Fellowships and Grants are only open to new first year students after they enroll at Haas. All require supplemental information and specifics are identified below. Students may apply to as many awards as they are eligible.
Finance Fellowships: These fellowships are for first year Full-time MBA students pursuing careers in the three finance areas below. Recipients will receive an industry mentor, preference in finance electives, and a $5,000 award disbursed in the spring of the first year. Students maintain the benefits of the fellowship the second year after successfully completing an internship in the area for which they were selected, and remaining in good standing, both academically and professionally. Please check out the Haas News Wire for a feature on the 2016 recipients. Finalists will be contacted by the committee for an interview. Applications NOW open with a deadline of Monday, September 25, 2017. Decisions will be communicated by Friday, October 20, 2017.
- What draws you to Investment Management (IM) or Quantitative Finance (QF) as your career goal?
- What experiences have prepared you to pursue an internship and career in IM or QF?
- What you are doing to prepare further?
- What particular sectors (e.g. equities, fixed income, hedge funds, private banking/wealth management, endowment, pension management) or within QF (e.g. global asset allocation, portfolio construction or quant hedge fund strategies), and geographies you are most focused on and why?
- Which firms you are most focused on and why?
- If focused on QF, what courses do you intend to take in the MFE Curriculum?
- Where do you see yourself in 10 years?
The Full-Time MBA Parent Grant has been established to provide support to registered graduate student parents who live with dependent children and demonstrate financial need. This grant is intended to close the funding gap for students who are not eligible for the parent grants offered through the Graduate Division and Berkeley International Office. Grant recipients will have funds applied toward their cost of attendance. This resource will be coordinated with other aid that you are receiving and as such may result in reductions to loan eligibility. Awards will vary. All parents are welcome to apply. Awarding priority will be as follows:
Application NOW open and will remain open until funding is exhausted.