Published: 12:00 AM, 26 October 2018 Last Update: 01:41 AM, 26 October 2018
MBAs or business graduate courses in international universities are possiblythe most sought after postgraduate degree by Bangladeshi millennials if not theworld, so much so that QS Top Universities have a separate for top businessschools on their website.
With Canada being the nextbastion for Bangladeshi’s due to its easy immigration process as well ashousing a collection of top-notch universities, an MBA from a reputeduniversity in Canada can fast-track one’s career to land their dream job. Butthere is one big problem, ‘’.
The cost of pursuing MBAin Canada can range from $31,800 - $105,690 Canadian dollars. On top of that,living costs and other variables like health insurance can add up to $20,000 -$30,000 Canadian dollars per year. One way to lighten thisfinancial load is to apply for MBA scholarships for internationalstudents.
Hence applying forscholarships as early as possible is the way to go because some scholarshipdeadlines start a year prior to starting a postgraduate study. Thus it is aworthwhile endeavour to prepare oneself to meet the requirement of an MBAscholarship application.
There isn’t any need to worry if there are missedscholarship/sponsorship opportunities since these are surprisingly plenty andconsistently becoming available through the university bursaries, thegovernment education initiatives or private sponsors.
Stepsfor a successful scholarship application-
Step 1: Research
There are differentcategories of scholarships and you can often apply for more than one. Forexample, along with merit-based scholarships, there are location specificscholarships, minority scholarships, government/non-government scholarships andspecific scholarships for international students. A comprehensive list ofscholarships for Canada as well as details about a few of its universities isprovided by a British Council . While it is no substitute for research done by oneself, it isa surprisingly good platform.
Step 2: Contact youruniversity counsellor/advisor
The first thing to do afteryour research is to contact your university’s study abroad office, yourprofessors, the financial aid office and your academic advisors to ask themabout scholarships or grants to know the nitty-gritty of the requirements,application process or even to pick the most suitable scholarship for you asper your profile. An alternative would be to go to education consultancybusinesses since they have partial scholarships arranged with the universitiesin certain cases especially entrance scholarships. I was particularly impressedby and the degree of their professionalism.
Step 3: Update your résumé
Update your résumé (not CV) with all your recent campusactivities, not just your academic achievements but also co-curricular andvolunteer activities. But try not to write more than one page. A two pageresume is appropriate for professionals. A cover letter goes hand in hand witha well written resume. Make sure to use standard font and everything writtenshould be grammatically correct without any spelling error.
For key scholarshipapplications, the scholarship authorities may want your résumé detailsin a format of their preference hence it is good to get a few universallyapplicable stuff ready so that it becomes a question of copying and pasting. Agood guide would be from which I fashioned my résumé and itserved me well for a long 2 years after completing my bachelor. Start from page29 and after.
Step 4: Get your referencesin order
One of the most importantand strenuous tasks is collecting references from people of high social andeducational standing. They may be professors, lecturers, office supervisors,and not family members. Many delays collecting references tillthe eleventh hour and suffer grave injuries to their applications. Make sure toask referees to give you a glowing recommendation early, so they have time toarticulate and write in detail. References should confirm the things you havewritten on your résumé.
Step 5: IELTS and GMAT tests
IELTS and GMAT are veryimportant to apply for scholarships or even getting into internationaluniversities. Many scholarships are solely based on your scores. Even just to enrollyou must need certain scores and above in different sections. The reason behindthis is that universities want to know whether you would be able to operate ina classroom environment as well as the international community abroad.
Bydefinition, GMAT is difficult and IELTS is easy by test format. A good thing isthat GMAT is seldom waived as a requirement by some business schools based onwork experience and they require only an IELTS, with a band score of around 6.5– 7 on average. Visit to sit for IELTS.
The British Council hasdifferent IELTS preparation materials with them. I am a huge fan of ,this amazing eLearning system covering reading, listening, speaking, andwriting. There are often scholarships offered by the British Council itselfbased on your IELTS result! So keep an eye out for that.
Step 6: Bring passion toyour essay
Most scholarship applicationrequires a personal statement/essay/statement of purpose, where you can shareyour passion of studying abroad and how it will bring a positive change notonly to you but also the communities around you. This is perhaps the mostimportant document among the things you will be providing for your scholarshipapplication.
Take your time to write it, because a hastily written essay lackspassion and can fail to reflect your ambition and the value you will bring as astudent and alumni. Research is key for your essay so make sure you cover yourbases and ask a friend or a mentor of yours to check it before submitting theapplication.
Step 7: Apply away!
Be sure to apply on orbefore the last date of application submission. Often good applications areselected as soon as those are received which can hurt your chances to get thescholarship.
It will also do you good ifyou look at the kind of visa you will need to study in foreign countries. For Canada,Bangladeshi applicants will need a andthere are conditions for applying hence it would be beneficial if you familiarizeyourself with it.
Finally, know that Canada isnot the only country in the world that has business schools or any othergraduate programs. Do not get disheartened by an unsuccessful application andkeep on trying till you get a chance at your dream business school.
Writer: Sajid Bari, MBA Student, Goodman School of Business, Brock University - Canada