“We will work with our students to help them articulate the return on investment that the employer is going to get from them participating in Vanderbilt’s Executive MBA program,” Bennett said.
Fairbank notes that because the program spans three calendar years, students often receive three years of company sponsorship.
Outside Scholarships There are also scholarships available outside of Vanderbilt, such as the Pat Tillman Foundation for veterans, and many local community foundations also offer scholarships for residents pursuing continuing education.
Depending on your current job, you might qualify for an industry scholarship.
“Many applicants’ first instinct is to focus on what an MBA teaches: ‘I’ll come back with X, Y and Z business skills! “While an MBA gives students a powerful business toolkit, the skills you learn in an MBA program can usually also be learned in the workplace.
If you go in saying ‘I need to strengthen my quant analysis skills,’ you could easily walk out with just an offer to pair you with a strong quantitative mentor at the company.” Rather, according to Mitrakos, applicants should focus on how the MBA can help them bring back “business practices and fresh ideas.” “By working on business projects with classmates from other companies (even competitors), you will learn new processes and strategies that you can bring home with you after graduation,” Mitrakos writes.
“The company isn’t paying to improve your personal career prospects, they’re essentially buying business intelligence from an innovation hotbed like HBS, Stanford, or Wharton.” UNDERSTAND YOUR OFFER If your pitch goes well, you’ll receive an offer for tuition sponsorship.
However, experts stress the importance of understanding the details that come with that offer.
The essay will be considered for all scholarship opportunities, so applicants don’t need to write an individual essay for each one.
As a Yellow Ribbon GI Educational Enhancement program participant, Vanderbilt Business also offers additional funding opportunities for eligible military veterans.