Top 10 MBA Scholarships for STEM Professionals


As the demand for skilled professionals in science, technology, engineering, and mathematics (STEM) industries continues to rise, many STEM professionals recognize the value of obtaining a Master of Business Administration (MBA) degree. An MBA can help bridge the gap between technical expertise and managerial acumen, making these professionals well-rounded leaders in their respective fields. To support this journey, numerous MBA scholarships cater specifically to STEM professionals. This article highlights the top 10 MBA scholarships for STEM professionals, helping them take the leap from science to business leadership.

1. Toigo Foundation MBA Fellowship

The Toigo Foundation offers MBA fellowships to minority students who have a background in STEM and are pursuing a career in finance. The fellowship provides financial support, mentorship, and leadership development opportunities for underrepresented students seeking an MBA degree.

2. A.T. Anderson Memorial Scholarship

The A.T. Anderson Memorial Scholarship is awarded by the American Indian Science and Engineering Society (AISES) to Native American, Alaska Native, and Native Hawaiian students pursuing degrees in STEM and business fields, including MBA programs. The scholarship provides up to $5,000 in financial support.

3. Forté Foundation MBA Fellowships for STEM Professionals

The Forté Foundation offers MBA fellowships to female STEM professionals attending one of their partner business schools. This merit-based fellowship aims to increase the number of women in business leadership roles, particularly in STEM-related fields.

4. National Society of Black Engineers (NSBE) Graduate Scholarships

The NSBE provides various graduate scholarships for African American students pursuing advanced degrees in STEM or business, including MBA programs. The scholarships are merit-based and aim to increase the number of African American professionals in STEM fields.

5. Society of Women Engineers (SWE) Scholarships

The scholarships for female students pursuing graduate degrees in engineering, technology, and related fields, including MBA programs with an emphasis on STEM. These merit-based scholarships are designed to support and encourage women’s leadership in STEM and business industries.

6. The Paul & Daisy Soros Fellowships for New Americans

This fellowship program supports immigrants and children of immigrants who are pursuing graduate degrees in various fields, including MBA programs. STEM professionals with a strong academic record, demonstrated creativity, and a commitment to the United States’ values are encouraged to apply. The fellowship offers up to $90,000 in financial support over two years.

7. Prospanica Foundation Scholarships

The Prospanica Foundation offers scholarships to Hispanic and Latino students pursuing graduate degrees in business or STEM fields, including MBA programs. Scholarships range from $2,000 to $5,000, and recipients gain access to professional development resources and networking opportunities within the Prospanica community.

8. The Siebel Scholars Program

The Siebel Scholars Program awards grants to outstanding students in their final year of study at select graduate schools, including MBA programs. STEM professionals with a proven record of academic excellence and leadership can benefit from this $35,000 award to complete their MBA degree.

9. The Google Anita Borg Memorial Scholarship

This scholarship, named in honor of the late computer scientist Dr. Anita Borg, supports female students pursuing graduate degrees in computer science, engineering, or related fields, including MBA programs. The scholarship, valued at $10,000, aims to encourage women’s involvement in technology and business leadership.

10. SHPE Scholarships

The Society of Hispanic Professional Engineers (SHPE) offers scholarships to Hispanic students pursuing degrees in STEM or related fields, including MBA programs. These scholarships are merit-based and intended to support the academic and professional development of Hispanic students in engineering, science, and business.


MBA scholarships for STEM professionals play a crucial role in fostering interdisciplinary leadership and bridging the gap between science and business. By providing financial support and access to resources, these scholarships enable STEM professionals to enhance their business acumen and advance their careers. STEM professionals seeking to expand their skillset and assume leadership roles in their fields are encouraged to explore these scholarship opportunities and take the next step in their professional journey.

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