7 Reasons Why You Should Study Business Administration

Business administration is the oversight and direction of a company, corporation, or other business or organization. This duty includes taking care of the organization’s day-to-day operations as well as planning for and carrying out the organization’s future goals and endeavors. A business administrator’s duties and responsibilities may include, but are not limited to, the following: hiring and supervising employees, handling the company’s finances, presiding over meetings, fostering positive public relations, negotiating, and so on. In addition to overseeing and managing the company’s finances, accounting, and marketing operations, business management also include the management and administration of all customer-facing aspects of the firm.

Business management is one of the most promising main career options alongside more conventional ones like engineering and medicine. To succeed in the business administration field, you should aim on earning a relevant degree. Typically, a BBA degree requires four years of study, with the first two years dedicated to general education and the remaining two to concentrations in either management or finance or marketing or human resources.

Investment from private businesses is crucial to the growth of any economy. Businesses are responsible for both providing a means of livelihood (through the creation of new positions) and satisfying consumer demands (through the distribution of products and services). A company’s success and growth depend on the efforts of its employees, who are responsible for handling all aspects of the business, from sales and HR to finance and operations and customer service.

One’s options for learning more, climbing the career ladder, and making a solid living are practically limitless with a degree in business administration. In this article, you will learn seven convincing reasons why you should get a degree in business administration.

1. High Chances of Employability: One of the most powerful arguments in favor of studying this area of study at the collegiate level is the fact that obtaining a degree in business administration will prepare you for a wide variety of careers. In business administration, you master all the business foundations, consequently enabling you to gain a job in different industries, including but not limited to management, finance, human resources, marketing, sales, and customer relations.

This is an excellent choice for you to consider making if you want to embark on a professional path that will make it less difficult for you to find work after you earn your degree. Not to mention the fact that there are a lot of opportunities. Whether you’d prefer to stay nearby or are interested in transferring across the country or even across the globe, business graduates tend to have little trouble getting work after completing their education.

You can increase your employability even further by earning a master’s degree or taking part in other sorts of educational programs. This will make you more marketable to potential employers. You also have the option of beginning from scratch with your very own business venture.

2. Increased Networking Skills: The ability to network with people is crucial for success in business administration. An exceptional networking skill allows a business manager to meet new people, interact with them, and make a great impression on them in order to gain new clients, investors, and customers for the firm. Anyone with the skills to meet and connect with new people can achieve this goal.

The term “networking” refers to the practice of establishing and maintaining productive relationships with others for the purpose of maximizing individual and group success. Those who study business administration will learn about networking, which is the term used to describe the practice of building professional relationships. Therefore, having this information will serve you well no matter where your future takes you.

Learning how to listen attentively and interpret others’ body language are two skills that should be emphasized in any business curriculum. And when you stop to consider it, they are the kinds of abilities that will benefit you not just in the workplace, but in all the relationships you build throughout the course of your life. Please remember this.

Top Read;  Study at Stanford University: Admission Requirements, Courses Offered, Tuition Fee, Ranking

3. Leadership Skills: There will never be a time when there is not a demand for talented leaders in the corporate sector. This is due to the high degree of rivalry that exists in this area. Studying business administration equips students with a wide variety of skills, and leadership is one of those skills. It is essential to achievement for a business or organization to be able to inspire the efforts of other people to contribute to the growth of the enterprise. You will be able to effectively communicate, employ critical thinking when assessing and addressing a variety of business concerns, relate global and financial issues to the organization that you work for, and much more if you earn a Bachelor of Business Administration degree. As a result of the extensive training that a company administrator receives in order to develop powerful networking abilities, which are relevant in this setting, they are able to be outstanding members of a team. It assists you in developing and improving your leadership skills, which should be well honed and used when the occasion calls for it.

When it comes time to look for a job after you graduate, having a degree in business administration will equip you with substantial leadership qualities that will set you apart from other candidates and give you an advantage over them. Even though not everyone has what it takes to be a leader, earning a degree in business administration will undoubtedly give you an advantage in this field by teaching you skills such as networking and leadership that should be honed and used when necessary. This is because these skills should be utilized when necessary.

4. High Salary Reward: Many students who graduate with a Bachelor of Business Administration (BB) or Bachelor of Science in Business Administration (BSBA) degree begin their careers with earnings that are much higher than the usual average salary. Earning more money is almost surely going to be achievable for you if you locate a career as a business administrator in any company, enterprise, corporation, or organization. Because of the consistent interest and strong demand shown by businesses for the services that these specialists can give, those employers are happy to pay them a competitive wage for those services.

It’s possible that people who are worried about graduating with a mound of student loan debt and nervous about their ability to find work and pay it off will find this new development to be incredibly helpful. When everything is taken into account, earning a degree in business can not only help you advance your career but also offer you with one of the best returns on your investment.

5. Self Employement Sustainability: The high demand for MBA programs is often driven by those who want to learn how to become business owners and entrepreneurs. These people are interested in learning the basics of entrepreneurship. They have a fantastic idea and are eager to find out more about implementation. If you’re interested in learning how the market works and engaging with people, a career in business administration is the way to go. This is one way in which earning a BA can set you on the path to running a prosperous company. You will have the knowledge to spend money wisely, both in terms of where it is spent and whether or not it is considered wasteful. If you are ever in a position of financial responsibility, you will learn to respect and responsibly manage money and acquire the skills necessary to do so.

You will have the skills necessary to launch a successful business venture on your own. Learning to budget wisely, creating a detailed business strategy, and networking to build a clientele are all examples of these transferable talents. In addition, you’ll be free to seek out potential clients independently. Whether your ultimate goal is to lead a multimillion-dollar corporation or to work as a freelancer, earning a business degree is a great way to set yourself on the road to autonomy. This is due to the fact that laying the groundwork for financial independence through a degree in business is an excellent first step. This is important to keep in mind whether your long-term goal is to manage a large company or to strike out on your own as a freelancer.

Read also;Top 15 Harvard Scholarships List for International and African Students

6. Helps you to be practical: Earning a business administration degree will equip you with marketable skills that are in great demand, and as a result, you may expect to get a job with relative ease after graduation. Earning a bachelor’s degree in business administration will equip you with marketable skills that are essential in any field. Regardless of what line of work you end yourself in after graduation, the knowledge and abilities you acquire in a business administration program will serve you well. You can use these abilities in virtually any career related to business.

Employers and recruiters will see you favorably if you can prove that you possess the aforementioned skill sets. If you structure your studies around real-world scenarios, you’ll learn to critically assess them from a business viewpoint.

Completing a degree program in business can provide the ideal combination of theoretical knowledge and hands-on experience. The majority of your time will be spent getting your hands dirty and putting the theory into practice, with the remaining half spent reading up on different models and ideas. If you get into a reputable business school with established ties to local businesses, this will be the case much more so. If you attend this institution, you may have access to great internship and other practical experience opportunities that will set you apart from other graduates when you enter the job market after graduation.

7. Enhances Team Playing Spirit: Teamwork and consensus are crucial. By participating in a team-based learning environment, you will develop the abilities essential to perform effectively in a team, learn how to get the most out of your team’s interactions, and figure out where on the team you fit best. In order to achieve the targets you’ve set for yourself and your company, you’ll need to collaborate with your coworkers. It’s what people mean when they talk about “teamwork.” Right now, you can choose to take on the role of leader or follower. An education in business administration will provide you with the tools you need to understand the significance of each team member’s contribution. You’ll get an understanding of the tasks performed by administrative groups in a business setting and learn to identify the features shared by high-performing groups.

Moreover, you’ll have the organizational skills to handle the myriad of administrative tasks that come up during the course of a typical professional team project. You’ll also be able to contribute to a group effort and achieve shared goals. Earning a degree in business administration will help you gain these abilities and open doors to numerous employment possibilities.

Read also; Best Architecture Scholarships Around the World for International Students

There are several practical advantages to earning a business administration degree. If you’re dedicated and willing to put in the time, a degree in business administration can help you reach your professional and personal goals. Naturally, you’ll think about the perks and cons of each potential career route when you’re weighing your options.

Even if you’re more interested in something else right now, it’s in your best interest to get a business degree so that you can have more options in the future. Finishing a business degree program will make you feel like you can take on the world. The reason for this is that the knowledge and abilities you will gain there are highly portable.

We’re confident that we’ve covered some of the most important advantages, which certainly outweigh the minuscule number of disadvantages that have been raised. One of the toughest things about working in the business world is overcoming the intense competition.

Best Architecture Scholarships Around the World for International Students

If you want to learn more than just how to design plans, a degree in architecture is for you. In this field of study, they concentrate on concepts that have a significant impact on our current world, such as how different cultures handle the use of space or what qualities a perfect society should have. Anyone who takes advantage of the chance to study architecture at an accredited institution will get invaluable knowledge and experience.

And yes, to a large extent, architects determine how well people live in a given community. Architects play a significant role in the creation of the spaces in which people spend their time living, learning, and having fun. Examples of such buildings include dorms, campuses, and community centers.

Those who decide to study architecture will embark on a fulfilling and stimulating career path. But to become an architect, one needs time and money to invest in the best architecture schools. College tuition and living expenses are on the rise for all majors, including architecture.

This time and financial investment may lead many students into significant additional student loan debt. The good news for individuals considering an education in architecture is that there are a number of ways to offset the costs of college. These grants and scholarships can help students cover some of their college costs and keep their debt to a minimum.

Check out  the top 10 architecture scholarships available from various nations if you wish to study abroad.

1. Sherwin E Small Endowed Scholarship 

The College of Architectural at the Illinois Institute of Technology provides many scholarship opportunities for students interested in architecture and design. The Sherwin E. Small Endowed scholarship is one of the options available. Undergraduate architecture students who are in their junior year and want to continue their education overseas are eligible to apply for this fellowship. In order for students to be eligible for the award, they must demonstrate not only a financial need but also great creative ability.

 Manufacturers of construction materials around the country might take heart from Sherwin-Williams’ commitment to improving diversity, inclusion, and charity in the architectural industry. “We are committed to advance these vital and long overdue pathways in the profession,” Sherwin-Williams said. We’re determined to push forward these vital and long-overdue avenues in the industry. Companies like Sherwin-Williams, one of the world’s biggest paint manufacturers, might pave the way for improvement.

The Architects Foundation puts out an annual request for applicants for its Diversity Advancement Scholars program.

2. Rotch Travelling scholarship

This scholarship is awarded to the winner of a design competition, and the winner receives a paid travel of up to six months’ duration to study architecture at any accredited institution of their choice, anywhere in the world! The Rotch Traveling Scholarship is an annual competition with two stages that awards one winner the opportunity to study architecture anywhere in the world for six months on the company’s dime. The winner is given the title of Rotch Scholar and receives a cash prize. The initial round of the selection process consists of a preliminary design competition that lasts all weekend long and spans a time period of 48 hours (during the span of a single weekday or weekend). Those who have advanced to the final round of this competition will next compete in the second round, which is a 10-day competition that will culminate in a design presentation before an esteemed jury.

 If you are awarded the scholarship, you will be expected to provide an itinerary for review along with an explanation of the focus of your research.  The person who receives the scholarship is expected to maintain a diary or blog while traveling in order to record the amazing experiences and exciting activities that they have while away from home. This ensures that when you return home, you will also have something to think about and reflect upon!

3. RIBA Norman Foster Scholarship

The opportunity to spend an entire summer traveling throughout Europe and investigating buildings and locations that Norman Foster had previously only encountered in literature was presented to him. To be eligible for this fellowship, students must be enrolled in and have completed the first year of a professional diploma in architecture at a school accepted by the Royal Institute of British Architects (RIBA).

A single application on behalf of a current student from each invited school is permitted for the scholarship, and the method by which each school chooses its applicant is entirely up to that school.

Students who had previously only dreamed of having the opportunity to study architecture in another country can now make that wish come true thanks to the scholarship that he established. The purpose of this research is to investigate the factors that contribute to the success or failure of cities and towns in today’s world. You should submit an application for this award if your interests in this area are comparable to those of the other recipients.

Read also; Grace Hopper Scholarships 2022 | Facebook, Microsoft, Google

4. Architects Foundation- Payette Sho-Ping Chin Memorial Academic Scholarship

This scholarship was established in memory of Sho-Ping, FAIA, who served as a principal at Payette for a very long period and was also the healthcare practice leader there. Sho-Ping was a gifted and compassionate architect who was adamant about designing the most advanced possible healthcare architecture for individuals who were in need. She was also an excellent teacher, and she created in her teams a sense of camaraderie as well as a dedication to design. Sho-Ping played an important role in shaping the national conversation for women in design in part because she was the original leader of the AIA Women’s Leadership Summit, which is held every two years.

This gift in the amount of $10,000 is presented in memory of Sho-Ping Chin, FAIA, who made significant contributions to the ongoing national discourse on the role of women in architecture and design. The grant is open to undergraduate female architecture students who are in their third or fourth year of study and female graduate architecture students who are at any level of their education and are enrolled in a program that is accredited by the NAAB.

In addition to receiving a monetary award, applicants for scholarships are given the opportunity to be paired with a Payette senior who will serve as a mentor for the period of their scholarship.

5. Architecture, Construction Surveying Merit Scholarships 

The architectural design scholarship at Robert Gordon University in Aberdeen is well-known. The scholarship is open to graduate students from anywhere in the world. Students seeking either a Master of Science in Construction Project Management or a Master of Science in Commercial Practice for the Energy Sectors would do well to consider this program.

A perfect GPA and appropriate job experience are prerequisites for this award. Each of the selected candidates will get a 2,500 GBP scholarship.

The application procedure requires filling out the form, which can either be done electronically or by hand. If they are going to write the form out by hand, it needs to be done so legibly, cleanly, and in black ink. In addition to that, students should include:

  • A scanned copy of the academic qualification with the highest level
  • A scanned copy of your IELTS or TOEFL certificate, as well as any other English language credentials you may possess
  • A scanned copy of the letter of offer from the university (or email if they have not received letter)
  • If you are applying for a PgDip or an MSc in Architectural Studies, you will need to submit a portfolio of relevant work.

6. Harvard GSD Wheelwright Prize in International Competition for Early Architects

Each year, outstanding young architects from all over the world are given the opportunity to compete for the Wheelwright Prize, which is a traveling scholarship worth a total of one hundred thousand dollars and is given to those who propose particularly remarkable research and exploration itineraries. 

The Wheelwright Prize recognizes the importance of doing field research to one’s professional development and confirms Harvard GSD’s dedication to fostering investigative methods to contemporary design. Applications for the prize are accepted on an ongoing basis.

The applicant is required to have graduated from an accredited school of architecture that is well-known in the industry within the previous 15 years in order to be considered for this position.

  • If an individual has previously been given a fellowship of this type, they are ineligible to apply for the Arthur Wheelwright Traveling Fellowship.
  • Those who are given the Wheelwright Prize are not eligible for any other fellowships during the time that they hold the Wheelwright Prize.
  • Individuals are the only ones who are eligible to compete for the Wheelwright Prize; entries from teams or businesses will not be taken into account.
  • Members of the Harvard GSD faculty, teaching staff, and staff who are currently employed there are not eligible for this position.
  • Winners are expected to have their primary residence in the United States of America, but they are also obliged to complete a portion of their education outside the nation.
  • It is not possible to utilize the Wheelwright Prize as a credit toward the price of attending a university due to the fact that it is intended to be used for self-directed learning. On the other hand, the reward can be applied toward the payment of registration fees for attending conferences or seminars.

Top read; Best Scholarships for High School Seniors for College

7. TU Delft Architecture & the Built Environment Scholarship

The Delft University of Technology established this fellowship with the intention of assisting exceptionally talented students from all over the world in their pursuit of master’s degrees in science.

The Netherlands’ Ministry of Education, Culture, and Science, in collaboration with Dutch research universities and universities of applied sciences, offers a scholarship known as the Holland Scholarship. Students who wish to pursue academic pursuits, research endeavors, or internships outside of the European Economic Area are eligible to apply (EEA). The countries of the EU, along with those of Iceland, Liechtenstein, and Norway, make up the EEA. Exchange students will have the opportunity to compete for one of six scholarships that will be awarded by the Faculty of Architecture and the Built Environment.

This fellowship is available to up to six students who are currently enrolled in the Faculty of Architecture and the Built Environment. In order to be eligible, you must satisfy both the general prerequisites as well as the requirements listed below:

  • Selected to participate in a semester-long exchange program at one of our partner universities
  • Excellence in conjunction with Grade Point Average (your CGPA should be at least 7,5)
  • Broad interests, as well as progression
  • The connection between the program that is being considered for implementation overseas and the program that is being implemented at the Faculty of Architecture and the Built Environment

8. Jim Boyce Memorial Scholarship

This memorial scholarship will be awarded in memory of Jim Boyce as well as all of our past APA members and supporters who have left an indelible mark on the field of accessibility compliance. We expect that we will be able to further promote accessibility in the built environment if we encourage students to incorporate accessibility into the development of their professional careers.

Students who are currently enrolled in an accredited higher education institution in the United States and who are interested in applying for this scholarship must be studying toward a degree in architecture, landscape architecture, civil engineering, construction management, interior design, or another degree program that is closely related to accessibility and universal design. Students are required to have a grade point average of at least 2.5 and to exhibit a significant interest in accessibility in both their design portfolios and their potential job aspirations.

Scholarship applications are accepted each year up until the end of March, and winners are notified in May through the financial aid office of the university that they attended.

9. Steedman Fellowship in Architecture 

One of the oldest and most distinguished honors in the United States is the James Harrison Steedman Fellowship in Architecture, which has been given out annually since its inception in 1926. The award of $75,000 is given out on a biennial basis to a young architect in order to assist their travel expenses for 6-12 months spent abroad conducting architectural study. The fellowship is accessible to anybody, anywhere in the world, who has achieved an approved degree in architecture within the last eight years. It is jointly managed by the Sam Fox School of Design & Visual Arts at Washington University in St. Louis and AIA St. Louis.

Through the Steedman Traveling Fellowship, graduates of professionally approved architecture degree programs from across the world are given the opportunity to travel internationally for the purpose of conducting architectural research and study in other countries for a period of nine months. The winner of the Steedman International Design Competition will be presented with a fellowship worth fifty thousand dollars. The award is determined by the caliber of the competition design submission submitted by the person who was chosen as the winner; however, the candidate’s research plan is also taken into account.

Candidates are required to have graduated from an architecture program that has been granted accreditation, and they must either be working in the office of a practicing architect or have had at least one year of practical experience working there. No matter how old they are, candidates can enter the competition up to eight years after receiving their professional degrees if they meet the eligibility requirements. All nationalities are welcome to submit their applications for consideration for the Fellowship.

10. Architecture International Excellence Scholarship at the University of Salford UK

You need to be a current student at the University of Salford in order to be eligible for one of their architectural or design scholarships. This is because the award is presented only by the University of Salford. Those who have an interest in architecture will discover that the University of Salford in Manchester, which is located in England, is a wonderful source of information. The institution contains a wide variety of buildings, some of which date back to the 1800s and have interesting architectural styles.

It is open to students from any region of the world to submit an application for the grant. Students are required to provide documentation that they are enrolled in an architectural undergraduate or graduate degree program at a university, in addition to having obtained confirmation of admission to their respective degrees. Additionally, students are required to be enrolled in an architectural undergraduate or graduate degree program at a university.

Read also; Complete Guide on How to Get Student Loans for International Students in USA 2023

Scholarships in the field of architecture are often awarded to deserving students, but the competition to win one is severe. This may lead exceptionally talented people to conclude that securing financial support to pursue architectural training is crucial to their long-term success.

For me, the opportunity to study architecture abroad is a realization of a long-held dream, and exploration of new locations is enriching in and of itself. However, your ambition may become a reality if you apply for even one of these fantastic scholarships. These fellowships can help you study architecture abroad for free, whether you need a little more help paying for a program you’ve already decided on, or you want to design your own trip worth $50,000. You can use these awards to help pay for a program you’ve already decided on, or you can use them to pursue a fellowship if you need even more financial assistance. These grants will help you get started on the road to a bright future.

Korean Government Scholarships 2023 for International Students

The Korean Government Scholarship Program (KGSP) is available to international students who want to pursue Bachelors’s (undergraduate degree) Master’s and Ph.D. degrees in Korean Universities. The scholarship allows international students to study in Korea and conduct advanced studies in a higher educational institution in Korea.

Korea currently top the World’s Chart of Best World Study Abroad Destination. Most of their Scholarships are Fully sponsored and students’ visa requirements are very easy to meet up.

This Scholarship Program is sponsored and managed by the National Institute for International Education Development (NIIED), a branch of the Ministry of Education in South Korea.

 It provides non-Korean scholars with the funding and opportunity to conduct undergraduate or postgraduate level studies in South Korea after completing one year of intensive Korean language studies. In the end, it also develops global leaders as well as strengthens Korea-friendly networks worldwide.

In this post, we will share with you every information you need to help you apply for the Korean Government Scholarships. This includes the eligible countries, the value of the scholarship, and how to apply for it. Stay put while we take you through all these.

Why NIIED | Korean Government Scholarship?

NIIED is an executive agency under the Ministry of Education. It plays a leading role in strengthening national competitiveness by developing international human resources among overseas Koreans, exchanging students under national government scholarship programs, and providing educational administrative services.

International undergraduates, masters, and Ph.D. receive this government scholarship annually to students studying in Korea.

Also, the Korean Government over the years has proven to be committed to fostering stronger diplomatic ties between the international communities and Korea through these Korean Government Scholarships which avail intelligent international students the opportunity to achieve their dreams.

Why Study in Korea?

Korea has about 250 national, public and private universities that welcome both Korean and international students. Recent government reforms have made it much easier for international students to afford to live and work in Korea while attending programs at institutions of higher education.

Graduate education in Korea holds a high reputation throughout the world, particularly in technical areas such as engineering and information technology. Also, Korea teaches most of its master’s programs in English.

Furthermore, Korean schools have notable research programs, distinguished faculty, and state-of-the-art research facilities. Six Korean universities were rated in the top 400 world universities, according to Times Higher Education World University Rankings

In addition, Korea charges all students, whether Korean nationals or international students, the same tuition.

Also, while offering master’s degrees that are more affordable than those in English-speaking countries, the Korean government, Korean universities, and several private foundations provide many scholarship programs specifically designed for international students.

Many Korean universities also provide assistance with employment for international students.

How Much Does Korean Government Scholarship Pay?

The Korean Government Scholarship is a Fully Funded Scholarship that takes care of your Airfare, Tuition Fee, Settlement Allowance, Living Allowance, Medical Allowance, Research Cost, and many others. Kindly see for yourself the details of the Korean Government Scholarship (KSB) Benefits

CategoriesAmount (KRW)
AirfareActual cost
Resettlement AllowanceKRW 200,000
Living AllowanceUndergraduate: 800,000 Graduate: 900,000
Medical InsuranceKRW 20,000 (per month)
Language CoursesKRW 800,000 per quarter
Tuition FeesActual cost  (No more than 5 million KRW per semester)
Award for Excellent Korean Language ProficiencyKRW 100,000
Research SupportKRW 210,000 – 240,000 (per semester)
Printing Costs (Dissertation)KRW 500,000 – 800,000
Completion GrantKRW 100,00 (Once)

Undergraduate Scholarship Benefits:

  • Airplane Ticket or Airfare: The Korean Government Undergraduate scholarship covers an economy-class flight with the shortest route between a scholar’s country and Korea. Students will also receive a one-way ticket to Korea at the beginning of the scholarship program. Students who complete their studies under the scholarship program will receive another one-way ticket from Korea.
  • Monthly Stipend: 800,000 KRW per month
  • Tuition: NIIED will cover the tuition fee of up to 5 million KRW. However, in the case where the tuition is higher than 5 million KRW, the host university covers the exceeding amount. The university also covers the university entrance fee.
  • Settlement Allowance: 200,000 KRW upon arrival
  • Scholarship Completion Grants: 100,000 KRW upon completion of studies
  • Korean Language Training: NIIED and the language institution cover the full cost for the 1-year training.
  • Medical Insurance: Health insurance covers students for major accidents and illnesses during their scholarship period.
  • Korean Proficiency Grants: Scholars with level 5 or 6 on TOPIK will receive 100,000 KRW won per month during the degree program.

What are the Graduate Scholarship Benefits?

Graduate Students for the Korean Government Scholarship will get the following benefits:

Airfare

  • Entry to Korea: an economy-class flight ticket to Korea
  • Return flight: an economy class flight ticket from Korea to the KGSP scholar’s home country
  • The airfare for entry will NOT be provided to scholars who have resided in Korea from the time of applying and on.
  • The return flight is available only for the KGSP scholars who complete their degree coursework.
  • The return flight is NOT offered for those who withdraw from the scholarship.
  • Any fees incurred in the domestic travel within a KGSP scholar’s home country are NOT covered.
  • International travel insurance is NOT covered.
  • The flight tickets for the Chinese and Czech KGSP scholars will be prepared and provided by the Chinese and the Czech governments, according to the agreements with the Korean government. 

Settlement Allowance

  • Students receive 200,000 KRW

Monthly Allowance

  • Degree Program (Master’s or Doctoral): 900,000 KRW
  • Research Program: 1,500,000 KRW

Research Allowance

  • Liberal Arts and Social Science Degrees: 210,000 KRW per semester
  • Science, Technology, and Engineering Degrees: 240,000 KRW per semester

Language Training Fees

  • Language training fees are fully covered.

Degree Tuition

The degree tuition is fully covered up to the following:

  • Tuition up to 5 million KRW is covered by NIIED, and the amount that exceeds 5 million is covered by the host university.
  • The KGSP scholars waived the admission fees of the universities.

Dissertation Printing Fee Reimbursement

  • NIIED will reimburse the actual cost of printing as written on the receipt.
  • The maximum amount is 500,000 KRW for degrees in Liberal Arts and Social Science and 800,000 KRW for degrees in Science, Technology, and Engineering.

Medical Insurance

  • Students get medical insurance of the value of 20,000 KRW per month

Korean Proficiency Grants

The value is 100,000 KRW per month.

  • This special funding is available for KGSP scholars with levels 5 and 6 on TOPIK.

Scholarship Completion Grants

The value is 100,000 KRW per month.

  • The KGSP scholars who return to their home countries are offered after completing their degree coursework under the scholarship.
  • It is not offered for KGSP scholars who decide to stay in Korea after the completion of their degree coursework.

If you’re an engineering or life science student, you can also apply for this KAIST Scholarship for International Students in South Korea

Scholarship Number

The total number of Awardees worldwide is 1,276 applicants from 153 regions for Both Undergraduates, masters, and Ph.D. Students. Concerning that, KGSP Undergraduate: around 170 grantees will get the award annually, and KGSP Graduate: around 700 grantees will get the award annually.

Eligibility Requirements

International students applying for the Korean Government Scholarship must meet the following requirements:

  • Both an applicant and his/her parents must be citizens of their country of origin.
  • Applicants should not hold Korean citizenship.
  • Also, applicants should have adequate health, both mentally and physically, to stay in a foreign country for a long time.
  • Applicants should also be under 25 years of age at the date of entrance for Undergraduates.
  • or under 40 years of age at the date of entrance for Graduates
  • Then for academic professors, you must be under 45 years of age as of the 1st of September 2023.
  • Must have finished or be scheduled to finish formal education of all elementary, middle, and high school courses by the date of arrival. (Undergraduate)
  • Possess a grade point average (G.P.A.) above 80% from the last educational institution attended.
  • Applicants must also hold a Bachelor’s degree or a Master’s degree by the date of arrival for graduates.
  • For the postdoctoral Research Program, you must have a doctoral degree or level of education equivalent to a doctoral degree.
  • And for Research Program applicants, you must hold a degree or a level of education equivalent to or higher than a master’s degree.
  • Applicants who have previously achieved in any undergraduate program, master’s program, or doctoral program in Korea cannot apply for this program. 
  • Furthermore, as an applicant, you must have a bachelor’s, master’s, or doctoral degree on or before 31st August 2023.

However, a former or current KGSP scholar who holds an overall grade of 90% or above can reapply to this program once either through the embassy or university track.

To enjoy this scholarship in Korea, check out the Admission, Visa, and Cost of Living for studying in South Korea.

Level/ Field of Study

This Korean scholarship for international students is available for Bachelor, Masters, and Ph.D. in any of the Courses any one of the 60 participating Korean higher institutions offers.

This is one of the ways the Korean Government strengthens its bilateral relationships with the participating Countries. Host Nationality

The Korean scholarship for international students is hosted by the Korean  Government. We also recommend that you browse through our scholarship by country to find different scholarships available for your country of choice. 

Which Country is Eligible for the Korean Government Scholarship?

The scholarships are open to students from the following countries:

China, Japan, Russia, Cambodia, Mongolia, Vietnam, Mexico, India, Indonesia, Thailand, Laos, Malaysia, Philippines, Kazakhstan, Myanmar, Chinese Taipei, Uzbekistan, Turkey, USA, Ethiopia, Colombia, Nepal, Senegal, Bangladesh, Ukraine, New Zealand, Sri Lanka, Morocco, Azerbaijan, El Salvador, Egypt, Tanzania, Germany, France, Dominica, Chile, Iran, Canada, the Democratic Republic of the Congo, Kyrgyzstan, Saudi Arabia, Singapore, Pakistan, Gabon, Romania, Belarus, Bulgaria.

Slovakia, United Kingdom, Czech, Guatemala, Ecuador, Algeria, Yemen, Uganda, Belize, Honduras, Italy, Tunisia, United Arab Emirates, Poland, Ghana, Georgia, Greece, Guinea, Guinea-Bissau, Nigeria, Republic of South Africa, Netherlands, Nicaragua, Democratic Republic of Timor-Leste, Rwanda, Libya, Lithuania, Moldavia, Bahrain, Barbados, Bahamas, Venezuela, Bolivia, Burkina Faso, Brazil, Brunei, Serbia, Seychelles, Sudan, Sweden, Slovenia, Armenia, Argentina, Haïti, Ireland, Afghanistan, Angola, Oman, Austria, Uruguay, Iraq, Israel, Zambia, Cameroon, Qatar, Kenya, Costa Rica, Cote d’Ivoire, Croatia, Tajikistan, Turkmenistan, Panama, Paraguay, Papua New Guinea, Peru, Fiji, Hungary, Australia, Jordan

Korean Government Scholarships Application Form

Applicants for the KGSP 2023 should pick the application form from the Korean Embassy in their host country or a partnering Korean University or the Domestic University in their Locality that can send their best candidates to apply.

How to Apply | Korean Government Scholarship Application Form:

You can only apply for the scholarships through the Korean Embassy in your home country or a participating Korean University.

However, you should submit all documents related to your scholarship application to the Korean Embassy in your country of residence or the domestic university concerned.

Meanwhile, the Korean Embassy or the domestic university sends proper candidates to NIIED with the required documents.

Then, NIIED evaluates potential candidates and notifies the Korean Embassy of the final selected KGSP grantees.

KGSP Selection Procedure:

Korean Government Scholarship Selection Procedure

1st Selection: Applicants submit their applications either to the Korean Embassies around the world or to the partnering universities in Korea.

Hence, the embassies and universities select the successful candidates among the applicants in the 1st round of selection. The applicants of successful candidates will then be forwarded to NIIED

2nd Selection: The NIIED selection committee selects the successful candidates among those who passed the 1st round.

3rd Selection: Among the successful candidates who have passed the 2nd round, the applications of those who applied through the Korean Embassies will be reviewed by universities for admission. Successful candidates must get admission from at least one of the universities.

Duration:

  • A year of Korean language course +2 year Associate degree
  • 1-year Korean language course + 4-year bachelor’s degree
  • A year of Korean language course + 2 years of Master’s degree
  • 1-year Korean language course + 3 years of Doctoral degree

KGSP Application Deadline

Below is the application deadline for the Korean Government Scholarship for both Graduates and Undergraduates.

Feb – Mar 2023

Graduate Application Period

Sep-Oct 2023

Undergraduate Application Period

The application will re-open in September 2023.

Additionally, applicants should submit their applications either to the Korean Embassies around the world or to the partnering universities in Korea.

You can get more information on this scholarship by visiting the official scholarship website through the button below.

Scholarship Website

FAQs

How can I study in South Korea?

To study in South Korea, you would need a student visa and an offer of admission from any of the universities in Korea. The typical Korean student Visa allows you to stay for up to two years.

However, engineering students can apply for the D-2-7 visa, allowing them to stay in South Korea after graduation to find work. Another path through which you can study in South Korea is through the Korea Government Scholarship.

Who can apply for the Korean Government Scholarship?

International Undergraduate students under 25 years of age and graduate students under 40 years of age who are not citizens of South Korea are the only ones eligible to apply for the Korean Government Scholarship.

How much is the Korea Government Scholarship?

The Korea Government Scholarship comes in several packages. It is a fully-funded scholarship that pays for the full tuition of either the graduate or undergraduate education for up to 5 million KWR per semester, in addition to other benefits such as airfare, resettlement allowance, living allowance, medical insurance, language courses, etc. See the full award amount here.

How many students will be awarded the KGS scholarship?

The Korean Government awards 870 international students this scholarship yearly in proportion of 170 undergraduates and 700 graduates.

Must I be able to Speak the Korean Language before I am selected for the scholarship?

Your fluency in speaking the Korean language will be an added advantage to you, which is evident in the additional KRW 100,000 award given to international students for Excellent Korean Language Proficiency.

However, if you are fluent in English, you are qualified for the KGS but you must take Language Courses for one year once you’re in Korea.

Is GPA required for the Korea Government Scholarship?

Yes, the Korea Government Scholarship requires you to have a GPA of above 80% from the last educational institution you attended.

How can I apply for the Korea Government Scholarship?

To apply for the Korean Government Scholarship, you will need to get an application form from the Korean Embassy in your host country, a Korean University, or a Domestic University in your host country that can send you as their best candidate.

When you’re done filling out the application form, submit it and all documents related to your application to either the Korean Embassy in your country or the domestic university concerned.

What is the timeline for the KGS Scholarship?

The application starts in September every year for undergraduates and in February for graduates.
The Korean Embassies send a list of recommended candidates from October to November yearly for undergraduates and March to April for graduate students.

The Results will be released during January of the new year of study for Undergraduates and June in the new year of study for graduate students.
Finally, undergraduate students are expected to arrive in Korea by Late February, while Graduate Students are expected to arrive in Korea in late August.

We Also Recommend

Does this article meet your immediate needs? If yes, leave us with a 5-star rating in the Review Box below. If not, leave us an opinion in the comment box to express your concern or ask a question and we will get back to you as soon as possible.

10 Easy Steps to Apply and Win a Fulbright Scholarship in 2023

In one of our previous posts, How can I get a scholarship to study abroad. , we dealt with too many questions that have to do with finding the right scholarship for you, and in another post, we listed Fully Funded Scholarships for International Students.

Here are some tips on how to win a Fulbright scholarship.

Fulbright Scholarship

The Fulbright Scholarship is a foreign student program that enables graduate students, young professionals, and artists from abroad to study and conduct research in the United States at US universities or other academic institutions.

It was designed to increase mutual understanding between the people of the United States and the people of other countries.

Participants are chosen based on their academic merit and leadership potential, with the opportunity to study, teach and conduct research, exchange ideas, and contribute to finding solutions to shared international concerns. 

The Fulbright Program is an important element of the United States’ bilateral relations with countries around the world. The United States and foreign governments jointly set priorities for trade.

Who is eligible for the Fulbright scholarship?

Program eligibility and selection procedures vary widely by country. Click here: Country Specific Websites to find specific information about the Fulbright Program in your home country, including eligibility requirements and application guidelines. 

10 Step By Step Procedures To Apply For A Fulbright Scholarship In All Countries  

The Fulbright scholarship program application process is long and rigorous, but prospective applicants are encouraged to carefully consider their intentions, goals, future plans, and potential projects before applying for a Fulbright grant.

Applicants to faculty and scholar exchange programs may also need to consider additional work-related issues (such as campus leave policies) before applying.

  1.  Please contact your school advisor to discuss the campus application process (only applies to candidates applying through a US institution).
  2.  Carefully review the program summary for the country you are applying to.
  3.  Draft a Grant Purpose Statement that is feasible and culturally appropriate for the country of application.
  4.  Identify a potential affiliation in the host country and contact a suitable person who can serve as an advisor and who can write the Letter of Affiliation for the Fulbright application. Provide the author of the affiliation letter with a copy of your  Grant Statement of  Purpose.
  5.  Draft a personal statement that provides selection committee members with a more complete picture of who you are and what motivated you to pursue this Fulbright opportunity.
  6.  Check with professors and/or colleagues with a background in the country to which you are applying or with those who have experience in the field of study of the proposed project.
  7.  Solicit criticism on the draft. Statement of purpose of a grant from faculty, advisors, mentors, colleagues, etc., and make revisions as appropriate.
  8.  Contact 3 people to write recommendations. These people should be the ones who can best speak about your ability to carry out the proposed project. You must provide a copy of your  Grant Purpose Statement to each recommender.
  9.  For candidates submitting foreign language assessments: Contact the teacher or other professional foreign language instructor who will complete the foreign language assessment form for the application.
  10.  Obtain transcripts from each postsecondary institution attended.

Before you apply

  1.  Make any necessary revisions based on feedback from the Campus Interview Committee (which applies only to candidates applying to a US institution).
  2.  Check for typos: misspellings, capitalization errors, grammatical errors, etc.
  3.  Please ensure that all required fields on the Biographical Information pages have been completed, including the Project Title and Proposal Summary sections.
  4.  Please ensure that the Grant Purpose Statement, Personal Statement, and Transcripts have been uploaded in the correct sections of the application.
  5.  Confirm that the language recommenders and evaluators have submitted their documents.
  6.  Full app preview on Embark system.
  7.  Print a copy of the application for your records.

The application for the Fulbright Foreign Student Program is located here.

Additional documents

Additional documents  that must be electronically uploaded directly to the online application no later than July 2, 2023:

  • passport scan
  • Copy of master’s degree or equivalent and an original letter confirming enrollment in a doctoral program in Croatia
  • Employer letter in English confirming employment in Croatia.

Application forms and instructions on how to complete your application can be found here or here.