The mbaMission Podcast

EP 74 | Financing Your MBA: Merit Scholarships and Financial Aid


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Getting into business school is challenging, but PAYING for business school can be just as stressful for many MBA hopefuls. In this week's episode of the mbaMission podcast, Harold Simansky and Jeremy Shinewald sit down with mbaMission Managing Director Rachel Beck to discuss all things related to financing your MBA. They talk about MBA merit scholarships, financial aid, employer support programs, and more. They also discuss some of the common questions we hear from applicants about negotiating scholarship offers and the long-term value of an MBA. If you are thinking about applying to business school -- or eagerly awaiting admissions decisions from your target schools -- and are wondering about how to pay for your MBA, don't miss this conversation!

00:00 Welcome to the mbaMission podcast
02:50 How to pay for business school 
05:58 How hard is it to get a merit scholarship?
08:08 Negotiating scholarship offers
12:11 Thinking outside the box  
13:19 Factors to consider: Location, cost of living
13:52 Employer support 
15:31 The cost vs. long-term value of an MBA
16:45 Second year scholarship options
22:50 Student loans 
25:12 Getting a scholarship off of the waitlist

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