Don't Miss Out! Best MBA Scholarships in the United Kingdom for International Students

You’ve probably heard of the prestigious MBA programs in the United Kingdom, like Oxford, Cambridge, and LSE, as well as its world-renowned business schools, like London Business School and Manchester Business School. It might surprise you to know that you don’t have to be British to earn an MBA from these top universities and business schools in the UK – international students are welcomed with open arms!

With the best universities in the world and an international business community that’s growing by the day, the United Kingdom has become an increasingly popular place to study for MBA degrees. If you’re thinking about studying in the UK, there are numerous MBA scholarships available to international students that can help you meet the tuition fees at some of England’s most prestigious universities and business schools. 

MBA Scholarships in the United Kingdom are available to international students who wish to pursue their MBA at one of the many excellent business schools located there. Some are offered by the University directly while others are offered by outside organizations or even other businesses, and they can provide financial aid to offset the cost of studying in the United Kingdom, allowing you to earn your MBA and have money left over when you’re done! This guide will show you all about the MBA scholarships in the United Kingdom so you can make your dream of earning an MBA at one of these top schools a reality!

What are MBA Scholarships?

MBA scholarships are a great way to finance your education and they can be found at most business schools. Many organizations and companies offer MBA scholarships to encourage diversity and talent in the workforce. The amount of the scholarship varies, but it is typically a full or partial tuition waiver. To be eligible for an MBA scholarship, you usually must have excellent grades and test scores, as well as demonstrate financial need. Some scholarships also require that you be a minority student or have worked in a certain field for a certain number of years.

There are many options available for international students seeking funding for their MBA program. These include institutions such as the University of Oxford’s Said Business School, which offers one-year master’s degrees in global business management with full scholarships for those who qualify; Yale University’s School of Management where international applicants may apply for two different types of fellowships; and INSEAD which offers merit-based grants to study at one of their campuses around the world.

Why MBA in the United Kingdom?

One of the most developed economies in the world is the United Kingdom. Universities are created with the intention of giving students the knowledge and skills they need in a certain field. The United Kingdom is a great place to pursue higher education, especially for a master's degree in business and administration, thanks to a number of important features. The following are some of the main qualities that make the United Kingdom a good location for MBA study:

• Excellent Education: To provide students with essential knowledge and abilities, MBA programs at UK universities blend theoretical and application-based learning. Students receive regular lectures and workshops from well-known business executives, increasing their exposure to and expertise in a particular field while also learning from seasoned professionals.
• With the exception of a few basic management courses, the majority of MBA programs provided by UK universities are one-year programs. This gives students the opportunity to quickly enhance their knowledge while also receiving high-quality education and exposure to other cultures.
• Industry Links - Meeting top industry experts and professionals at conferences, events, and lectures hosted by universities is one of the largest benefits of getting an MBA in the UK.
• Scholarships - There are a number of financial challenges associated with pursuing an MBA abroad. Many universities in the UK provide scholarships as a kind of financial aid.

MBA Scholarships in the United Kingdom

Take a look at the following list of top MBA scholarships in the UK to see what kind of financial aid you could be eligible for if you choose to study abroad!

Chevening Scholarships

The British Chevening scholarship is a global scholarship program for applicants with excellent academic records. The scholarship is fully funded and for a one-year master's degree in any subject at any university in the United Kingdom. Moreover, the eligibility requirements for the Chevening scholarships are as follows:

• Citizen of a Chevening-eligible country or territory.
• Applicants have to return to their country of citizenship for a minimum of two years after an award has ended
• 2 years of work experience
• An undergraduate degree from a recognized university.

Commonwealth Masters Scholarships

The UK Foreign, Commonwealth & Development Office (FCDO) is offering the fellowship to applicants from lower and upper-middle-income Commonwealth nations who want to enrol in a master's program at any UK university. The scholarship pays for tuition, supplemental allowances for basic living expenses, and travel to and from the UK. The eligibility requirements for the Commonwealth Masters Scholarships are as follows:

• citizen or permanent resident of a Commonwealth country
• Unable to afford a degree in the UK without a scholarship
• undergraduate honors degree of at least upper second class (2:1)

Commonwealth Fellowship Plan

The Foreign, Commonwealth and Development Office (FCDO) will award the fellowship to up to 600 applicants. Candidates who could potentially have an impact on the world scene. The scholarship will cover the cost of tuition, one round-trip in economy, plus extra expenses. The scholarship is only available for courses up to the master's level. The eligibility requirements for the Commonwealth Fellowship Plan are as follows:

• citizen or permanent resident of a Commonwealth country
• Unable to afford a degree in the UK without a scholarship
• undergraduate honors degree of at least upper second class (2:1)

Great Scholarships

The GREAT Britain Campaign of the UK government, the British Council, and participating UK higher education institutions jointly support the scholarship. 60 scholarships from UK colleges, totaling up to $10,000, are being granted as part of the initiative. The eligibility requirements for the Great Scholarships are as follows:

• Be an international student
• Fulfill English language requirement
• Undergraduate degree from a recognized university
• Relevant experience in the subject area

The Global Study Awards

The British Council, Study Portals, and ISIC introduced the fellowship in 2015. In order to encourage students to study abroad, a scholarship was established. Every year, two students are chosen to receive £10,000 scholarships that are awarded twice a year. The eligibility requirements for the Global Study Awards are as follows:

• Over the age of 18
• Fulfill English language criteria

General Eligibility Requirements for MBA in the United Kingdom

The following basic eligibility requirements must be satisfied by students in order to be admitted to an MBA program in the UK:

• Completed secondary education courses at a level comparable to those in the United Kingdom
• Provide any necessary school records, transcripts, and certificates.
• Obtain the necessary IELTS, TOEFL, or comparable ELP Test results to demonstrate your English language proficiency.
• A three-year bachelor's degree that is equivalent to a bachelor's degree in the UK earned from an accredited university.
• In the UK, several universities may require at least two years of professional experience.
• Some organizations will evaluate applicants based on their GMAT or GRE ratings.

English language requirements for MBA programs in the UK

The scorecard for these exams is valid for two years, so students should familiarize themselves with the university timetable and apply for admission carefully.

Other requirements for MBA Scholarships in the United Kingdom

Here are other requirements for an MBA program in the UK:

• Completed application form
• Statement of Purpose
• Complete English essays
• Recommendation letters or LORs
• Completed Current professional resume
• Student Visa
• At least 2 Passport-sized photographs 

FAQs

Moreover, here are some of the frequently asked questions about MBA Scholarships in the United Kingdom.

Do all scholarships cover travel fares?

Not all scholarships will cover travel offers. Follow the links provided above to read about the scholarship details on the official website.

Are there any other scholarships other than these?

Every university offers a scholarship but might not be for an MBA course or for students of all nationalities. Before applying read the eligibility criteria for the scholarship.