17 Hot Scholarships for Women in Business

Women are rapidly closing the educational gap, and they are also doing the same in the business world today. In fact, there are more women running Fortune 500 businesses today than at any point in the 63-year history of the Fortune 500. 

But there’s still a wide margin in leadership positions in the business world, only 6.4% penetration has been made, so there is still a lot more work to be done. We believe one of the best ways to boost this number is through scholarships for women in business provided by different organizations, colleges, and universities.

Just like most scholarships for women in STEM and Ph.D. scholarships for women, these awards will go as far as paying up to the full tuition of recipients, and some even pay extra stipends to help with other expenses. There are different types of awards available to help women achieve their desires in the business world, even scholarships for women who intend to return to school.

It’s worth noting that we also listed some scholarships for women interested in pursuing careers in a particular field of business, such as finance, accounting, leadership, marketing, economics, etc.

scholarships for women in business

Scholarships for Women in Business

Most of these scholarships are available annually so even if you missed a scholarship you most desire, if you still have time, you can try the next year. But, ensure you have applied to other available scholarships you’re eligible to.

1. Zonta International – Jane M. Klausman Women in Business Scholarship

Award: $5,000 per recipient

Deadline: Varies

Number of Recipients: 37

Eligibility: There’s no age requirement for this scholarship, but applicants must be pursuing a business program with a major field of specialization in any business-related field like accounting, economics, finance, business management, or business technology. Also, the applicant needs to further her education in an accredited university/college/institute, that demonstrates outstanding potential in the field and is living or studying in a Zonta district/region.

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2. AWSCPA Scholarship Award 

Award: $5,000 per recipient

Deadline: March 1st

Number of Recipients: Up to 4 students per academic year

Eligibility: This scholarship for women in business selects outstanding female students majoring in accounting or an accounting-related field

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3. Women in Business Study.com Scholarship

Award: $1,000

Deadline: May 1

Number of Recipients: 1

Eligibility: Applicant needs to be pursuing an undergraduate or graduate business degree in an accredited university or college in the United States. Candidates must consent to provide a digital photograph of themselves and a quote for display on Study.com if notified as the award winner by the selection committee.

4. The Empaxis Scholarship for Women in Business

Award: $500

Deadline: December 16.

Number of Recipients: 4

Eligibility: To female college students residing in the United States (citizenship not a requirement) who intend to pursue a career in business and entrepreneurship.

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5. Saïd Business School – Executive Diploma Scholarships for Women

Award: 50% of the diploma program fees

Deadline: 25 September

Number of Recipients: 2 per cohort

Eligibility: Open to female students intending to study at Saïd Business School at the University of Oxford with excellent academic achievement and professional achievement; in particular, evidence of leadership or leadership potential.

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6. Carol Anne Letheren Women’s MBA Award

Award: $3,000

Number of Recipients: Varies

Eligibility: For you to be eligible for these scholarships for women in business you need to be in your second year at York University pursuing an MBA degree. Also, you need to have a minimum average of B+, be a Canadian citizen, permanent resident or protected person, an Ontario resident, and demonstrate financial need.

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7. FINCAD Women in Finance Scholarship

Award: $20,000

Number of Recipients: 1 eligible woman

Eligibility: Applicants need to be enrolled and attending a Master’s or Ph.D. Finance program on a full-time basis, have less than 10 years of total work experience, and less than 5 years of professional experience in the financial field. Applicants can be a female student from any country at an accredited university

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8. Soroptimist Live Your Dreams Awards

Award: more than $2.9 million distributed

Number of Recipients: over 2,000

Eligibility: This award is eligible for women who are the primary financial support for themselves and their dependents. Applicants need to demonstrate financial need, be enrolled in or have been accepted to a vocational/skills training program, high school equivalency or an undergraduate degree program, reside in one of Soroptimist member countries, etc.

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9. Queen Mary University of London – International Women in Business Scholarships

Award: £4,000 each

Number of Recipients: 20 

Eligibility: All overseas fee-paying candidates are eligible for these scholarships for women in business. Applicants need to enroll on a full-time eligible course taught in the School of Business and Management, and must not be recipients of any other scholarship.

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10. London Business School – Senior Executive Programme Scholarship 

Award: 50% to fully-funded scholarships

Number of Recipients: 3

Eligibility: Applicants must be female leaders enrolled in the Senior Executive Programme at London Business School, have 15+ years of management experience, and aspiring to a CEO position or the Executive Committee of a large organization. Applicants must be nominated by their organization.

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11. Henley Business School – Women in Finance Scholarship

Award: £2,000-£8,000

Number of Recipients: Up to 4

Eligibility: Open to women (both home and international) studying any MSc program in a Finance-related discipline at the ICMA Centre.

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12. University of Surrey – Women in Leadership Scholarship

Award:10 – 50% of the tuition fee

Number of Recipients: 

Eligibility: Applicants must hold a lower second-class degree or equivalent, be UK or international students, must be self-funded, or receiving a partial sponsorship or loan, and must be studying for a full-time MBA or Executive MBA.

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13. London Business School MBA Scholarships for Women

Award: from £20,000 up to full fees

Number of Recipients: Multiple

Eligibility: These scholarships for women in business are for successful MBA applicants in London Business School.

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14. Educational Foundation for Women in Accounting Scholarships

EFWA provides three categories of scholarships which are;

  • Undergraduate Scholarships
  • Graduate Scholarships
  • Postgraduate Scholarships

These scholarships have different award values, different requirements, and different numbers of recipients that can receive them.

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15. University of Melbourne – Dean’s Scholarship for Women and Management

Award: Partial tuition fees ($50,000)

Number of Recipients: Varies

Eligibility: applicants to these scholarships for women in business must be intending to enroll or already at the University of Melbourne’s Senior Executive MBA program.

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16. BI Norwegian Business School – Women in Finance and Tech Master Scholarship

Award: full tuition fees for up to two years

Number of Recipients: Multiple

Eligibility: Applicants must have a strong academic record, with Norwegian citizenship or international citizenship from EU/EEA/Switzerland. Must be admitted to one of their Master’s programs in Business or Tech-related field.

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17. Kathleen Simione Women in Business Scholarship

Award: $2,000

Number of Recipients: Multiple

Eligibility: Candidates must be pursuing a business undergraduate or graduate degree at Quinnipiac, have a minimum 3.0 GPA (on a 4.0 scale), and need to demonstrate financial need (must have completed a FAFSA).

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You can see there are several scholarships for women in business, and these scholarships can cover part through complete tuition, and some might offer extra stipends for other educational expenses.

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