The Uk is no doubt, one of the best places to seek academic advancement. With the country’s prestigious schools, it’s no surprise that students are coming from all over the world to enroll. Although the UK is a home of prestigious schools, the downside is that some of these schools cost a Fortune.

Some students find Paying for the tuition fees daunting while some cannot even afford the fees thus making them dispel their dream of educational advancement. However with scholarships, students won’t have to worry about this financial restraint anymore. There are tons of Scholarships out there that will either pay for the full tuition fees or perhaps pay some of the fees.

Business administration Students looking to further their education into the master degree don’t have to worry about the high costs associated with MBA programs, it’s no news that there are many students who face financial constraints that denies them furthering their MBA educational career because they find affording the full expenses challenging.

But with the MBA scholarships, Business administration Students looking to further their education to the UK won’t have to bother about the bulky expenses. In case you are wondering how to go about the scholarship process, worry no more as we will be providing you with the necessary information in this content.

What Is An MBA Scholarship

 

In case you are wondering what an MBA scholarship means, An MBA Scholarship is mainly for business administration students who are looking to attain a masters degree. With these scholarships, business administration Students won’t have to worry about the bank tearing masters degree tuition fees. The scholarship will cater for the fees and even covers other school related expenses.

However you should know that this scholarship is only awarded to the most outstanding students with a sound academic achievement. Before you can be awarded these scholarships, you need to meet some certain requirements. What are these requirements and how can you apply? Keep scrolling and you will soon get your answers.

How Much Does It Cost To Study An MBA In UK?

 

The average tuition fee of an MBA program in the UK is estimated to be around £30,000 – £95,000 yearly, since this Program duration only lasts a year, you might not spend past the speculated amount. You should also know that the speculated amount doesn’t include feeding or rent allowances, so your budget should be higher.

Types Of MBA Scholarship In UK

 

As stated above, there are various types of MBA scholarships In UK, all you have to do is check their eligibility requirements and choose the one that best fits your criteria. Below is a list of some popular MBA scholarship in UK:

  • Dean’s Impact Scholarship: This scholarship Has a total value of £25,000 and it is awarded once. The scholarship assessment focuses on entrepreneurship, technology and innovation, leadership, sustainability and social impact.
  • Executive MBA Scholarship: This scholarship is for females and its goal is to increase the participation of females in leadership positions. The scholarship covers 50% of the tuition fees and it won’t end until the program is completed.
  • Manchester Merit Scholarship: This scholarship is awarded to students who can prove they are outstanding during the time of admission. To be eligible, applicants must have a minimum GMAT score of 600.
  • Cambridge Judge Dean’s Scholarship:This scholarship is only awarded to students who have outstanding educational performance, excellent academic records, attitude, skills, outlook, GMAT scores. The grant is estimated to be up to £15,000
  • ULMS Liverpool MBA Executive Scholarship: To be eligible for this scholarship, you need to have at least a 2:1 undergraduate degree, 4 or more years of work experience and leadership skills.

Eligibility Requirements To Apply For MBA Scholarships In UK

 

Truth be told, scholarship application eligibility requirements depend on the program you are applying for. Since there are various MBA Scholarships In UK, you should know that they all come with their own specific requirements. However some of the most common requirements includes:

  • Some scholarships require the candidate to be an international student.
  • You must have outstanding academic achievements and provide evidence that you can defend your results.
  • Must be  experienced in dealing with international business management.
  • Must Obtain satisfactory GMAT or GRE test scores.

How To Apply For MBA Scholarships In UK?

 

  • Navigate to the official websites of the universities offering the scholarships.
  • Familiarize yourself with the eligibility criteria specified by each university for the scholarships.
  • Collect the required documents in accordance with the scholarship application.
  • Complete the necessary tests such as GMAT or IELTS as specified by the university.
  • Register and submit your scholarship application through the online platform provided by the university.
  • Await the response from the university regarding your scholarship application.

Conclusion

The MBA scholarship is a grants given to business administration Students who are looking to further their education. There are various types of MBA scholarships in the Uk, and we have listed some above. Scroll up to check the eligibility requirements and apply.