18 Business Fellowships for Current and Incoming Graduate Students

Feb 16, 2021 • Views -

These fellowships offer funding for independent research, scholarships, and grants to current and incoming graduate students in business and related fields. There are opportunities for travel, independent study, and international students. If one of these sounds like a great fit for you, be sure to bookmark it to your ProFellow account! 

Alfred D. Chandler Jr. Travel Fellowships

The purpose of this fellowship is to facilitate library and archival research in business or economic history. Individual grants range from $1,000 to $3,000. Three categories of applicants will be eligible for grants: 1) Harvard University graduate students in history, economics, or business administration, whose research requires travel to distant archives or repositories; 2) graduate students or nontenured faculty in those fields from other universities, in the U.S. and abroad, whose research requires travel to Baker Library and other local archives; and 3) Harvard College undergraduates writing senior theses in these fields whose research requires travel away from Cambridge.

American Indian Graduate Center Fellowship

Graduate fellowships are monetary awards made to American Indian and Alaska Native graduate or professional full-time, degree-seeking students currently enrolled in a university. AIGC administers a Bureau of Indian Education contract to provide financial assistance in the form of scholarships to eligible American Indian and Alaska Natives seeking undergraduate, graduate and professional degrees in Science, Technology, Engineering and Mathematics (STEM). The maximum amount of an undergraduate award is up to $20,000 and the maximum amount of a graduate award is up to $30,000 in an academic year.

Australia to USA Fellowship Program

The Association awards Fellowships at the graduate (Masters, PhD or post-doctoral) level of up to US$40,000 each year. Fellowships are available for Australians who will benefit from doing advanced research or study in the fields of business, science, technology, medicine, engineering and sustainable development in the United States. Applicants must make their own arrangements for university affiliation and have a confirmed placement by the time the Fellowship is awarded. Applicants must be Australian citizens or permanent residents of Australia doing research or studying at the graduate level – Masters, PhD or post-doctoral. Applicants may already be in the U.S. at the time of application.

Boren Fellowships

Boren Fellowships provide up to $30,000 to U.S. graduate students to add an important international and language component to their graduate education through specialization in area study, language study, or increased language proficiency. Boren Fellowships support both language study and (optional) research and internships in areas of the world that are critical to U.S. interests, including Africa, Asia, Central & Eastern Europe, Eurasia, Latin America, and the Middle East, with a focus on studying less commonly taught languages. Boren Fellows apply their advanced degrees to work in the federal government for at least 1 year after graduation, and receive exclusive opportunities and preferential consideration for government careers.

Byron Hanke Fellowship

The Foundation for Community Association Research (FCAR) awards its Byron Hanke Fellowship to selected graduate students to implement research projects related to the development, management and governance of common interest communities and their community associations. Applicants must be enrolled, at time of application and through the research period, in a graduate level program (masters, doctoral, legal) at an accredited higher education institution in the United States or Canada. The Hanke Fellowship stipends range from $3,000-$5,000 over one year, or as determined by the Foundation.

EDF Climate Corps Fellows

EDF Climate Corps seeks top graduate students studying business, engineering, sustainability, environmental management, public policy, or other relevant degrees, who are eligible to work in the United States. Over the course of 10-12 weeks, EDF Climate Corps fellows are embedded within leading organizations to identify customized energy management solutions. Fellows are paid $1,250/week and reimbursed for travel expenses to the May training and fall Energy Solutions Exchange (network) event.

Forté Fellows Program

The Forté Foundation offers fellowships to women who are pursuing a full-time, part-time or executive MBA education at participating business schools. If you would like to be considered for a fellowship, you must submit an MBA application to a participating school. Each school makes the determination of where the Forté awards will be given. All schools grant awards for full-time students, but part-time and executive awards are only available at select schools.

Frédéric Bastiat Fellowship

The Frédéric Bastiat Fellowship is a one-year, competitive fellowship program awarded to graduate students attending master’s, juris doctorate, and doctoral programs in a variety of fields including economics, law, political science, and public policy. The aim of this fellowship is to introduce students to the Austrian, Virginia, and Bloomington schools of political economy as academic foundations for pursuing contemporary policy analysis. The total award of up to $5,000 includes a stipend and travel and lodging to attend colloquia hosted by the Mercatus Center. Bastiat Fellows are eligible to apply for conference and research support.

Fulbright Foreign Student Program

The Fulbright Foreign Student Program enables graduate students, young professionals and artists from abroad to study and conduct research in the United States. The Fulbright Foreign Student Program operates in more than 155 countries worldwide. Program eligibility and selection procedures vary widely by country. Please visit the website to find information about the Fulbright Program in your home country, including eligibility requirements and application guidelines.

Fulbright U.S. Student Program for Study/Research

A U.S. Student Fulbright Grant allows for individually designed study/research projects that will take place during one academic year (9-12 months) in a country outside the U.S. Applicants design their own projects and will typically work with advisers at foreign universities or other institutes of higher education. The study/research awards are available in approximately 140 countries. For recent BA/BS graduates, graduate and doctoral students, and young professionals including artists, musicians, writers, journalists, and those in law, business, and other professional fields. Undergraduate and graduate students must apply through their institution; professionals and former students can apply through their alma mater or At Large.

HBCU.vc Venture Capital Fellowship

HBCU.vc is an experience-based learning opportunity in venture capital and tech entrepreneurship. The student investor program works with students attending historically black colleges and universities (HBCUs) to teach investment fundamentals and entrepreneurship. Fellows will be empowered to act as investors to fund local tech entrepreneurs and build startup communities in and around their campuses. The two-year leadership development and training program is open to students of any major and includes many mentoring opportunities. Full-time sophomores, juniors, and incoming grad students are welcome to apply.

Inspiring Capital Social Impact MBA Fellowship

Inspiring Capital’s MBA Fellowship is a 10-week, paid fellowship based in New York City that trains top MBA students to use their business expertise for social good and staffs them on a project for a high-performing not-for-profit or social venture to help the organizations develop sustainable business strategies. Fellows receive: 150 hours of expert training; hands-on experience working in the social impact space; individual career guidance; access to the Inspiring Capital network; and a chance to broaden their MBA network with a cohort of top-tier MBAs who want a career with purpose. Fellows receive a stipend of $3000 for the summer.

IRTS Foundation Summer Fellowship

The IRTS Foundation Summer Fellowship Program is a highly selective program that teaches a talented group of up-and-coming communicators the realities of the business world through an all-expense-paid internship in New York City, which includes practical experience and career-planning advice. After a one-week orientation to cable, broadcasting, advertising, and digital media, Fellows gain full-time “real world” experience at New York-based media corporations to which each is assigned for the duration of the Fellowship. Students must be college juniors, seniors, or graduate students. Accomplished students from all majors (including math, computer science, business, marketing, communications, etc.) are encouraged to apply.

Kirchner Food Fellowship

The Kirchner Food Fellowship is an opportunity for student leaders to be engaged in investment decisions on agriculture-oriented businesses with ground-breaking solutions for global food security. Fellows receive mentoring from networks of investors and engage in a series of face-to-face and on-line educational experiences using learning paradigms that expose them to practical, real-world issues of seed-stage and early-stage investment. Fellows received a small scholarship to travel to a region of the world vulnerable to food shortages in search of solutions that might be expanded globally through a commercial enterprise. The program will cover travel and accommodation costs for the face-to-face meetings throughout the year and provide the capital necessary for investment. Candidates must be enrolled in a university in the United States, Canada or Mexico.

Laconia Internship Program

Laconia is a venture capital firm that leads seed rounds in B2B software companies revolutionizing legacy industries. Interns get full exposure to all aspects of the business, gaining exceptional insight into the inner workings of a venture firm. Interns work to identify investment prospects, review pitch decks, support due diligence on prospective companies, research industries and competitors, and write investment memo drafts. They attend industry-related events, consult with portfolio companies, and support other operational activities. Interns receive a weekly stipend during the 3-5 month program and are often undergrad/grad students.

Morgan Stanley MBA Fellowship Program

The Investment Management department of Morgan Stanley is offering a Summer Associate Internship and a scholarship for first year MBA students. Women, Black, Hispanic, Native American and LGBT MBA students are eligible to apply. Students will spend the Summer Associate Internship at one of the Morgan Stanley locations throughout North America. Application deadlines are dependent on areas of interest. Students must apply through Morgan Stanley at www.morganstanley.com/campus or through their business school’s on-campus system.

Orbis Investment Management MBA Fellowship

Orbis seeks soon-to-be first-year MBA students, from any background, who are as passionate about investing. The award is for $15,000 cash and is to be used toward tuition and/or course-related expenses. There are no demographic criteria or previous work experience requirements, all incoming MBA students who have enrolled in an accredited MBA program are invited to apply.

William Randolph Hearst Endowed Fellowship for Minority Students

The Aspen Institute Program on Philanthropy and Social Innovation (PSI) in Washington, DC offers the William Randolph Hearst Endowed Fellowship to one student three times annually. Candidates for this fellowship are highly motivated graduate or undergraduate students from underrepresented communities of color. The fellow must be able to work as an intern for 12-15 weeks in the Washington, DC office of the Aspen Institute during the academic semester in which the fellowship is awarded. Fellows will be compensated on an hourly basis in the fall, spring and summer.

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