Scholarships and Awards
All applicants are automatically considered for scholarship awards out of our general scholarship fund upon submitting an online application. These scholarships can range from $5,000 per year to full tuition. The average scholarship award for recent recipients was approximately half of tuition.
Selection criteria for scholarships are the same criteria considered in the admissions decision. They include academic, professional and personal achievements and potential for excellence in a management career as demonstrated by length and quality of post-baccalaureate work experience, GPA, GMAT/GRE scores and the admissions interview.
Each year the Dean of the Owen Graduate School of Management offers the Dean’s Scholar award to a small number of individuals in the entering class. The Dean’s Scholars are selected based on their vast experiences, personal attributes and commitment to excellence that will drive them to effectively lead, serve and implement positive change in the Vanderbilt Owen community. Dean’s Scholars are expected to strengthen the value of the program and inspire their classmates to excel.
There is not a separate application process; the Admissions Committee will nominate applicants based on the application for admission to the MBA program. Dean’s Scholars are admitted applicants with outstanding academic credentials, significant post-baccalaureate experience, well-defined career goals, excellent communication and interpersonal skills and strong leadership potential.
During the school year, Dean’s Scholars are invited to special programming and regularly scheduled sessions with senior management. While it is an honor to be a recipient of the Dean’s Scholar award, it is also a commitment; Dean’s Scholars are expected to participate in activities not open to the general student body and to work with the administration to improve the school community.
Dean’s Scholars receive these unparalleled opportunities:
Leave a legacy serving as a sounding board for the Dean on strategic initiatives
Receive unmatched access to key alumni, board members, corporate visitors and speakers during special events
Enjoy special programming, including retreats and dinners with fellow Dean’s Scholars, the Dean, faculty and administration
Receive paid travel with the Dean or administration on key recruiting or admissions visits, or partial sponsorship of an international trip
And much more!
Ingram Scholar Award
The Ingram Scholar distinction is one of the most prominent awards at Owen. These outstanding MBA candidates are among a select group of individuals with exceptional academic ability, substantial professional experience, excellent personal qualities and strong leadership potential.
Ingram Scholars are invited to our annual Dean's Scholar Weekend to meet other prominent named scholar award winners. During the weekend, candidates have the opportunity to interact extensively with the Dean, faculty, alumni and other members of the Owen community.
The business world knew E. Bronson Ingram as founder and head of Ingram Industries, Inc., one of the largest and most successful privately held companies in the United States. The community knew him as a dedicated leader and generous philanthropist. Vanderbilt University, Vanderbilt Medical Center and the Vanderbilt Cancer Center knew him as a great friend. Mr. Ingram joined the University Board of Trust in 1967 and served as its president from 1991 until his death from cancer in 1995. During that time, he also chaired The Campaign for Vanderbilt, which raised $560 million for the university, including a donation from Mr. Ingram earmarked for cancer research at Vanderbilt.
Diversity and Named Scholarships
In addition to general scholarships, incoming students may be selected for diversity scholarships and/or named scholarships and awards. The Admissions Committee nominates outstanding incoming students for the awards listed below. Only the "Forte Fellowship" and the “Diversity Scholarship—Underrepresented Minorities” require a candidate to submit an essay. Priority consideration is given to applicants who apply by our January application deadline.
We offer Forte Fellow Fellowships ranging from $10,000 to full tuition per academic year (in addition to any other potential merit scholarship up to but not to exceed full tuition). Nominees are chosen based on the following criteria:
- Candidates should exhibit exemplary leadership in one or more ways: academic leadership, team leadership, community leadership and creative leadership.
- Candidates should demonstrate a commitment to women and girls via personal mentorship or community involvement. Such commitment is in alignment with the mission of the Forte Foundation.
- Nominees will represent diverse educational and work backgrounds, career goals, ethnicities and citizenship.
To be considered for a Forte Fellow Scholarship, please submit an essay describing the most relevant experiences that qualify you for this award. Priority consideration will be given to applicants who apply by the January application deadline.
Diversity Scholarship—Underrepresented Minorities
These scholarships are awarded based on the degree to which an individual demonstrates how he or she has supported the academic, personal or professional advancement of underrepresented minorities (individuals who are citizens or permanent residents of the U.S. and are of African American, Native American, Hispanic American or Pacific Island American descent). To be considered, you must submit an essay (no more than 250 words) describing the most relevant experiences that qualify you for this award. The essay may be submitted along with the other essays in the online application. These scholarships range from $10,000 to full tuition per academic year (in addition to any other potential merit scholarship up to but not to exceed full tuition).
Diversity Scholarship—European Citizenship
These scholarships are awarded to citizens of European countries based on the degree to which the individual demonstrates how he or she can enhance the learning experience of other students in the Vanderbilt MBA program.
Diversity Scholarship—Latin American Citizenship
These scholarships are awarded to citizens of Latin American countries based on the degree to which the individual demonstrates how he or she can enhance the learning experience of other students in the Vanderbilt MBA program.
Diversity Scholarship—Indian Citizenship
These scholarships are awarded to citizens of India based on the degree to which the individual demonstrates how he or she can enhance the learning experience of other students in the Vanderbilt MBA program.
Diversity Scholarship—Chinese Citizenship
These scholarships are awarded to citizens of China based on the degree to which the individual demonstrates how he or she can enhance the learning experience of other students in the Vanderbilt MBA program.
Diversity Scholarship—African Citizenship
These scholarships are awarded to citizens of countries in Africa based on the degree to which the individual demonstrates how he or she can enhance the learning experience of other students in the Vanderbilt MBA program.
National Society of Hispanic MBAs GMAT Prep Scholarship Award
Through this program, NSHMBA plans to help increase the number of Hispanics who earn high GMAT scores and complete a graduate business education. The program will provide scholarship recipients with a choice of in-person or live online coursework from Veritas Prep's top instructors who have scored in the 99th percentile on their actual GMAT exams, 12 GMAT lesson books and a variety of additional valuable benefits designed to help the scholarship recipients achieve their highest possible GMAT scores. Learn More.
National Black MBA Association Scholarship Program
The National Black MBA Association provides financial support to students pursuing careers in business, academia, and related professions. Since inception, more than $5 million has been awarded to undergraduate, graduate, and doctoral students. Their mission is to identify and increase the pool of Black talent for business, public, private, and non-profit sectors. Scholarship awards range from $1,000 to $10,000 however award amounts are contingent upon funding for the current year. Learn more.
The Toigo MBA Fellowship provides minority MBA candidates committed to careers in finance (including JD/MBA, Masters in Real Estate, Masters in Finance) with an unmatched network of contacts, a prestigious point of difference in the eyes of employers, one-on-one career guidance, leadership training, a merit award—and more. Toigo Fellowships are awarded the Spring prior to the start of business school. Each class includes 50+ of the most exceptional minority candidates from a mix of schools nationwide. Learn More.
The Point Foundation - LGBTQ Scholarship
The Point Foundation empowers promising LGBTQ students to achieve their full academic and leadership potential - despite the obstacles often put before them - to make a significant impact on society. The online application opens November 1, 2015 and closes January 30, 2016 for the 2016-2017 Academic Year. Learn More.
Reaching Out MBA Fellowship
The Reaching Out MBA Fellowship was created as a joint effort between top business school programs, including Vanderbilt University and Reaching Out, to develop business leaders of tomorrow. This Fellowship provides recipients with opportunities to become leaders in business and to promote the mission of Reaching Out MBA by empowering MBA students to become professionals who will lead the way to equality in business education, in the workplace, and throughout society. Vanderbilt University's Owen Graduate School of Management will provide up to two fellowships of a minimum amount of $10,000 per academic year (in addition to any other potential merit scholarship up to but not to exceed full tuition).
All MBA applicants are eligible to apply for the Reaching Out MBA Fellowship (ROMBA), regardless of sexual orientation, gender identity, or gender expression. The following factors are evaluated when assessing scholarship applicants, including:
- A proven track record of leadership and community involvement
- Strong academic achievement
- Working for the betterment of the LGBTQA community
Upon consent, awarded fellows' names will be shared with ROMBA. The Fellowship is non-transferrable to another school. Benefits of the fellowship include:
- Admissions-free access to the ROMBA events, including the annual LGBTQA MBA Conference
- A small subsidy to attend the annual summer Leadership Forum
- Special programming, including LGBTQA Treks, Community Outreach initiative and special topics summits
- Access to ROMBA corporate partners and corporate mentorship program
To be apply for the Reaching Out MBA Fellowship, please submit an essay that explains your interest in this fellowship, focusing on your involvement with community service or other outreach activities to promote acceptance of and equality for the LGBTQA community.
Named Scholarship Awards:
Accelerator Alumni Scholarships
We offer up to two $5,000 scholarships per academic year to be awarded to graduates of Owen’s Accelerator program.
Amy Jorgensen Scholarship
Endowed by the Founder’s Medalist from the Class of 1977, this scholarship is awarded to a woman with outstanding academic credentials.
Anderson Family Scholarship
This scholarship, established in 2000, honors the longtime support of the Anderson family and their affiliation with the Owen Graduate School of Management.
The Commodore Award
This award pays partial tuition to graduates of Vanderbilt University who return to pursue their MBA at Owen.
Douglas W. Binns Memorial Scholar
This scholarship is awarded to an outstanding marketing student.
Edna B. Morris and John A. Morris Scholarships
These endowed scholarships honor early leaders in the investment industry and recognize individuals for academic excellence.
James R. Gordon Scholarship
This scholarship is awarded to a student studying electronic commerce.
J. C. Bradford Scholarship
This scholarship is awarded to an outstanding first-year student.
Liz and Russ Fleischer Scholarship
Established in 2014 by Liz and Russ Fleischer, both MBA alumni, in gratitude for their education they received at Owen. The preference to award this scholarship will be to a student with three years or less of work experience who attended a liberal arts college.
Martin S. Geisel Scholarship
This scholarship, established in 2000 in memory of former Dean Marty Geisel, is awarded to a student from Latin America.
Funded by Owen alumnus Billy Oehmig, this award is given to a student who has demonstrated an outstanding work ethic and an interest in entrepreneurial ventures.
Ralph Owen Jr. Scholarship
This scholarship was established in 1996 through the Owen bequest in memory of the son of Ralph and Lulu Owen.
Melinda Owen Bass Scholarship
This award, also established in 1996, honors the daughter of Ralph and Lulu Owen.
Tse-Liang Soong Scholarship
This scholarship was established in honor of a Vanderbilt undergraduate, Class of 1921, and is awarded to an outstanding student studying international finance.
Victor and Gayle Mavar Scholarship
Established in 2004 by Victor and Gayle Mavar and Geoffrey Mavar (MBA 1990) to enhance the special support given to students with learning disabilities.
Webb Follin Scholarship
This scholarship, established in 2004, was made possible by Rush Stuart Dickson III (MBA 1978) to honor the contributions made by Webb Follin as one of the early community supporters of the Owen School. Follin worked at Corroon and Black as an insurance broker and gave his time as an adjunct professor at Owen.
Wigginton Memorial Scholarship
This scholarship was established in memory of Matt Wigginton, one of the founders of the Owen Graduate School of Management, and is awarded to a top finance student.
Wilbert E. Chope Memorial Scholarship
The widow and son of Bert Chope, an alumnus of the School of Engineering and founder of Industrial Nucleonics, endowed this scholarship. The scholarship is awarded to an outstanding first-year student with an engineering background.
William Walker Scholarship
This scholarship is awarded to an outstanding first-year student with an interest in entrepreneurship.
William G. Christie Scholarship
Established in 2006 by Wendell Switzer Reilly, MBA 1983, and also funded by Emily Baker Tobin, BA /87, MBA /92, to honor the former Dean and current Professor of Finance, William G. Christie, for his service to the school and to provide support to deserving students based on academic merit, with preference to those who have financial need.
In addition, there are several student awards presented at Commencement.