The WP Carey School of Business , Arizona State University, in the United States, will offer a 100% free MBA program. All students selected for the fulltime program , which lasts 2 years, will receive full scholarships - an economy that can reach $ 90,000, thanks to the proposal to offer an MBA for free. Applications can be made until February 6, 2018.
The scholarship, launched in 2015, aims to diversify the profile of the students, hitherto very restricted to professionals in technology , industry and the financial market . According to the institution, the initiative to offer an MBA for free is based on the idea of offering the training to the best candidates, even if they do not have the financial conditions to pay the program’s annuity.
With guaranteed access to the university, the expectation is that more qualified students can help raise the position of the school among the best MBA courses in the world. Today, the WP Carey School of Business ranks 25th in the US News rankings.
How to Apply for an MBA for Free in the United States
The process of selecting international students is the same as that of other American universities. You must complete an online form and send standardized test scores, such as GMAT and GRE , as well as letters of recommendation and the result of an English proficiency exam . International academic histories must be sent together with an official translation into English. It is also necessary to pay a registration fee of 90 US dollars.
The money to pay for the course of the 120 students who will take the MBA for free will come from a million-dollar fund raised from donors such as real estate entrepreneur William Carey. To submit the application to the program, it is necessary to send the documents and fill out the application on the university website .
Arizona State University is the first to offer a totally free MBA, but other overseas business schools also offer financial support to selected students.
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