Studying in Canada is a huge investment – in terms of time, money and effort. And if you want to pursue an MBA, the investment becomes incrementally larger. The good news is that there is plenty of financial support available for the sincere student – in terms of scholarships, sponsorships, fellowships and bursaries.

Here are 5 MBA scholarships that you need to know about!

1. Rodney E Schneck Prize in Organizational Analysis – University of Alberta
   The scholarship is awarded annually to a student, who is entering the second year of the MBA program in the Faculty of Business, and working in Organizational Studies, Strategy and Policy, or Human Resource Management. Applicants are considered on the basis of superior academic achievement. Leadership quality, demonstrated through involvement in extracurricular and community activities, is also an important criterion for this award.
   
   The amount awarded award varies.
    
2. Joseph L. Rotman Scholarship – University of Toronto
   This scholarship, the full tuition value for an MBA, is the largest and most prestigious entrance scholarship available. It is awarded annually to one truly exceptional student. The award is named in honour of the Rotman School of Management’s lead benefactor, Joseph L. Rotman.
    
3. QS Leadership Scholarship
   The value of this award is 10,000 USD. Applicants must have attended the QS World MBA Tour/ QS World Executive MBA Tour/ QS Connect MBA, and completed the QS Applicant Survey. To apply for the scholarship, students must write an essay on the topic given here. The deadline for applications is 31 May 2018.
    
4. Rio Tinto - Richard Evans Graduate Fellowships – University of British Columbia
   The fellowships are awarded on the basis of academic merit to any student in a management degree program that may be applicable to the mining and metals industry, directly related to mining and metallurgy. These may include industrial operations, operations and technology management, and sustainable development. Students with financial needs, and/or those from developing countries and, who have lived and/or worked in underdeveloped regions will be given preference. The award takes a holistic view of leadership, taking into consideration qualities like personal responsibility, integrity, accountability and mutual respect.
   
   The value of the award is up to $20,000.
    
5. Foundation Guy Charron – HEC – Edouard-Montpetit Bursary – University of Montreal
   These are two bursaries, each worth 1,000 CDN, are awarded to MBA students with an excellent academic record and occasional financial need.
   The university offers several other types of scholarships – need-based, entrance, and leadership.