According to MBA graduates and business schools, corporate sponsorship is the most popular and frequently advised funding source. Alternatively, you may be able to receive partial or complete sponsorship from other private firms that are intrigued by your academic background and eager to hire you for a business management role when you graduate. A small percentage of candidates may also be eligible for merit-based scholarships from business schools, which generally pay for a portion of the tuition cost depending on the money available. Separate from the admission application is a description of the application procedure.