College Scholarships for Business and Commerce Majors

The fields of Business and Commerce are probably some of the most sought-after majors today. In addition to being versatile, these two fields also offer a lot of scope for employment with salaries for new graduates being among the highest as compared to many other fields.

Unfortunately, a lot of students who have the capacity to make it big in this field often drop out mid-way due to financial difficulties. For this reason, several industry leaders and insiders have instituted scholarships to support those individuals who show promise.

Here are a few scholarships for Business/ Commerce majors that you can apply to:

Ritchie-Jennings Memorial Scholarship

The Ritchie-Jennings Memorial Scholarship was established to create awareness and motivate students to take up unique and exciting career paths that are not very well- known. It is managed by the Association of Certified Fraud Examiners in the memory of Larry Jennings and Tracy Ritchie, both CFEs and CPAs. This scholarship aims to support the education of students who are interested in pursuing anti-fraud career paths and becoming Certified Fraud Examiners.

Twenty-nine scholarships are awarded each year to undergraduate students and the amounts range from $1,000 to $10,000. They also include a one- year ACFE Student Associate Membership.

The Ritchie-Jennings Memorial Scholarship is open to students majoring in finance, accounting, commerce, business, executive leadership and other related subjects. Applicants must be enrolled at least part-time in an approved university. Applications must be accompanied by essays on the provided topics and three letters of recommendation.

Marc Beaumont Scholarship Fund

This is another unique scholarship that aims to promote business management in the field of arts and entertainment. The Marc Beaumont Scholarship Fund was established in honor of former COO of Capcom North America and Europe, and is managed by the Academy of Arts and Sciences. The scholarship, with an award of $2,500, is open to students pursuing a full-time course at a recognized college with a major in executive leadership, business management or finance. Preference is given to those students who can demonstrate intent to use their skills and education in the entertainment industry after graduating.

Applicants must have a minimum GPA of 3.3 on a scale of 4.0 to be considered eligible for this scholarship. The amount won can be applied towards living or tuition expenses.

Women in Public Finance Scholarship

The Women in Public Finance Scholarship is intended to support young women and provide them with the means to build their careers specifically in the field of finance, which can include accounting, business management, and allied fields. As the name suggests, the scholarship is open only for women, and applicants need to be seniors in the year of awarding of the scholarship.

Applicants must demonstrate exemplary leadership skills through volunteering or extracurricular activities and have an interest in pursuing a finance-related career in the government or non- profits. They also need to have a 3.0 GPA on a scale of 4.0.

Up to ten recipients are selected each year for scholarships of varying amounts and winners get a chance to interact with female leaders across various industries and interact with them, giving them a chance to connect and discuss future career prospects or career paths.

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