Top MBA Scholarships Available in UK

July 23, 2024

Pursuing a Master of Business Administration (MBA) degree in the United Kingdom is a prestigious and transformative opportunity for students worldwide. The UK is home to some of the most renowned business schools, offering cutting-edge education and unparalleled networking opportunities. However, the cost of an MBA program can be substantial, posing a significant financial challenge for many aspiring business leaders. Fortunately, numerous scholarships are available to help alleviate these costs, enabling talented and driven individuals to achieve their academic and professional goals without financial strain.

In this article, we will explore some of the top MBA scholarships available in the UK, detailing the various opportunities that international students can leverage to fund their education. Whether you aim to attend a top-tier institution like Oxford, Cambridge, or London Business School, this guide will help you navigate the scholarship landscape and find the right financial support for your MBA journey.

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Top MBA Scholarships Available in UK

Here is a detailed list of the top MBA scholarships available in the UK.

1. Chevening Scholarships

Eligibility: Open to students from Chevening-eligible countries who demonstrate outstanding leadership potential and academic excellence. Applicants must apply for a one-year taught Master’s program at any UK university, including MBA programs.

Coverage: Full tuition fees, a monthly stipend, travel costs to and from the UK, an arrival allowance, a homeward departure allowance, the cost of one visa application, and a travel grant to attend Chevening events in the UK.

Application Deadline: Typically early November annually.

Website: Chevening Scholarships

2. Commonwealth Scholarships

Eligibility: Citizens of a developing Commonwealth country wishing to pursue a Master’s or PhD in the UK. Candidates must demonstrate academic merit, leadership potential, and financial need. MBA programs are included.

Coverage: Airfare to and from the UK, tuition and examination fees, personal maintenance allowance, thesis grant (if applicable), and an initial arrival allowance.

Application Deadline: Typically December annually.

Website: Commonwealth Scholarships

3. Gates Cambridge Scholarships

Eligibility: Open to citizens of any country outside the UK. Applicants must apply to pursue a full-time postgraduate degree in any subject available at the University of Cambridge, including MBA programs.

Coverage: University composition fee, maintenance allowance, airfare at the beginning and end of the course, visa costs, and potential funding for academic development.

Application Deadline: Early December annually.

Website: Gates Cambridge Scholarships

4. The Rhodes Scholarships

Eligibility: Awarded to exceptional students from select countries around the world. Candidates must demonstrate academic excellence, leadership, and a commitment to service. MBA programs at the University of Oxford are eligible.

Coverage: Full tuition fees, a maintenance stipend, and airfare to and from the UK at the beginning and end of the scholarship.

Application Deadline: Varies by country, typically around August-October annually.

Website: The Rhodes Scholarships

5. The Skoll Scholarship

Eligibility: MBA applicants at the University of Oxford’s Saïd Business School who have pursued entrepreneurial solutions to urgent social and environmental challenges for at least three years.

Coverage: Full tuition fees for the MBA program and partial living expenses.

Application Deadline: Typically January annually.

Website: The Skoll Scholarship

6. London Business School Fund Scholarships

Eligibility: International students applying to the MBA program at London Business School. Scholarships are awarded based on academic merit, professional achievements, and leadership potential.

Coverage: Varies, typically partial to full tuition fee coverage.