Business and MBA Scholarships

Multiple Universities

Business and MBA scholarships can help students reduce the high cost of studying business, management, finance, and leadership. Many scholarships are offered by universities, business schools, governments, and international organizations. Some awards are based on academic results, while others look at leadership, work experience, financial need, gender, or social impact. The scholarships below are official opportunities and include options for international students. Always check the official website for the latest deadline and requirements before applying.

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IMD MBA5 Scholarship

Conditions:

  • Apply for the IMD MBA.
  • Have strong academic or work results.
  • Show leadership potential.
  • Have career progress and international experience.
  • Complete the required scholarship essay.
  • GMAT or GRE results are considered.

Benefits:

  • CHF 50,000 scholarship.
  • Helps reduce MBA study costs.
  • Open to applicants from different world regions.
  • Multiple scholarships are available.

Official Scholarship Website: IMD MBA5 Scholarship

IMD MBA Merit Scholarship

Conditions:

  • Apply for the IMD MBA program.
  • Show strong academic or professional results.
  • Show leadership goals.
  • Have career development.
  • Show international exposure.
  • Take part in the IMD assessment process.

Benefits:

  • Up to CHF 40,000.
  • Multiple scholarships available.
  • Can support MBA tuition costs.
  • Based on merit and leadership potential.

Official Scholarship Website: IMD MBA Merit Scholarship

Hilti STEM Scholars Program

Conditions:

  • Apply for the IMD MBA.
  • Have a STEM academic background or strong STEM interest.
  • Show academic or professional excellence.
  • Show leadership potential.
  • Have career progress.
  • Complete the required essay and assessment.

Benefits:

  • CHF 50,000 scholarship.
  • Supports students with STEM backgrounds.
  • Helps cover a large part of MBA tuition.
  • Multiple scholarships are available.

Official Scholarship Website: Hilti STEM Scholars Program

Nestlé Scholarship for Women

Conditions:

  • Apply for the IMD MBA.
  • Be a woman.
  • Show strong academic or professional results.
  • Show leadership potential.
  • Have career progress and international exposure.
  • Preference is given to women from developing countries.
  • Nestlé employees and employees of its subsidiaries are not eligible.

Benefits:

  • CHF 40,000 scholarship.
  • Supports women in business.
  • Gives financial support for an MBA.
  • One scholarship is available.

Official Scholarship Website: Nestlé Scholarship for Women

Forté Scholarship for Women at IMD

Conditions:

  • Be a female MBA applicant.
  • Apply to the IMD MBA.
  • Show academic or professional excellence.
  • Show leadership potential.
  • Have career progress.
  • Complete the required scholarship essay.

Benefits:

  • CHF 30,000 scholarship.
  • Supports women in business.
  • Provides access to the Forté network.
  • Leadership and career development opportunities are available.

Official Scholarship Website: Forté Scholarship for Women

Staton Scholarship

Conditions:

  • Apply for the IMD MBA.
  • Have strong academic or professional results.
  • Show leadership goals.
  • Have career progress and international experience.
  • Complete the required 750-word essay.
  • The scholarship is mainly connected to applicants from Latin America.

Benefits:

  • CHF 50,000.
  • One scholarship is available.
  • Helps reduce MBA tuition costs.
  • Supports future business leaders.

Official Scholarship Website: IMD Staton Scholarship

INSEAD MBA Scholarships

Conditions:

  • Apply for the INSEAD MBA.
  • Meet the MBA admission requirements.
  • Scholarships may consider merit, financial need, leadership, background, or career goals.
  • Complete the scholarship application after submitting the MBA application.
  • Applicants can apply for up to four scholarships.

Benefits:

  • More than 170 scholarship funds.
  • Need-based and merit-based options.
  • Average scholarship amount is about €24,000.
  • Many scholarships are available for international students.
  • Different scholarships support different backgrounds and goals.

Official Scholarship Website: INSEAD MBA Scholarships

INSEAD Robin Hood MBA Scholarship

Conditions:

  • Be admitted to the INSEAD MBA or be at the interview stage.
  • Come from an emerging market.
  • Show serious financial difficulty.
  • Complete the required scholarship application and essay.
  • Be ready to take part in the student fundraising campaign.

Benefits:

  • Financial support for an INSEAD MBA.
  • Designed for students with financial challenges.
  • Supports talented students from emerging markets.
  • Connects students with the INSEAD community.

Official Scholarship Website: INSEAD Robin Hood Scholarship

Forté MBA Fellowship

Conditions:

  • Apply to a Forté member business school.
  • Apply for a full-time MBA in most cases.
  • Show strong leadership.
  • Show commitment to advancing women in business.
  • Meet the selected business school’s requirements.

Benefits:

  • Competitive MBA fellowship.
  • Financial support from participating business schools.
  • Leadership opportunities.
  • Access to the Forté community and network.
  • Career development opportunities.

Official Scholarship Website: Forté MBA Fellowships

Chevening Scholarship for MBA and Business Master’s

Conditions:

  • Apply for an eligible UK master’s course.
  • Choose a course listed as eligible by Chevening.
  • MBA programs are eligible, but a special MBA fee cap applies.
  • Meet Chevening’s general eligibility rules.
  • Obtain an unconditional offer from an eligible university by the required deadline.

Benefits:

  • UK government scholarship.
  • Can support eligible MBA and business-related master’s study.
  • Available at eligible universities across the UK.
  • Provides a major source of financial support for international students.

Official Scholarship Website: Chevening Scholarships

Erasmus Mundus Joint Masters Scholarships

Conditions:

  • Have a bachelor’s degree or be in the final year.
  • Apply to an eligible Erasmus Mundus master’s program.
  • Meet the specific requirements of the selected program.
  • Apply directly to the institution or consortium offering the program.
  • Business, management, economics, and related programs may be available depending on the yearly course list.

Benefits:

  • Full scholarships are available for selected students.
  • Can support tuition and participation costs.
  • Provides travel support.
  • Provides visa support.
  • Includes a living allowance.
  • Students can study in several countries.

Official Scholarship Website: Erasmus Mundus Joint Masters

Other Best Scholarships

Eng. Zekeria Madadi

Eng. Zekeria Madadi

Founder & Educational Opportunities Advisor

5+ years sharing scholarships, fellowships, internships, jobs and educational opportunities.

Founder of Global Scholarships Hub since 2026.

CEO of Burseline Educational Consultancy since 2022.

Global Scholarships Hub
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