Studying in the United Kingdom has been the dream of many international students because the UK houses several top-class universities worldwide. Aside from that, the economic and socio-cultural features remain favorable to foreign students.
If you wish to have an MBA in the UK on a scholarship, this article uncovers various MBA scholarship programs to help you finance your study and other expenses in the UK. Keep reading!
About UK Scholarship
Generally, scholarship programs are divided into need-based and merit-based awards; that is, it could be based on academic and behavioral performance or genuine financial constraints of the student.
Some scholarship programs are not fully funded, while some are. For partial funding, eligible students will have to scout for other financial aid to meet up.
Scholarship programs in the UK are not only sponsored by the school, but private individuals, organizations, and the government also try to support students yearly. Remember that some of these scholarship programs can be suspended, so read carefully before applying.
Why Study In The UK?
There are several benefits to studying in the UK on scholarship, and here are a few of them.
- Maximum Experience. As a foreign student, greeting into another soil and culture will help build your experiential knowledge in business and life generally. You get to understand and study the business mindset of those in that region. Adding this to your résumé is a plus.
- Convenient Duration. For many schools, pursuing a master’s degree lasts up to two years, but this is not so in the UK. Over there, you have a year to get done with your master’s. This makes it feasible for anyone to do while on scholarship.
- Flexible Process. The procedure involved when applying for a scholarship in the UK is quite seamless and simple. Meeting the requirements for most awards is quite easy and less strenuous.
MBA Scholarships In The UK
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Lancaster University
The management of this university values the diversity of students and has created an enabling environment and opportunities to attract foreign students who have the managerial and academic ability to contribute to society.
The scholarship is awarded as a fee waiver and students will be accessed based on their application and the outcome of an interview. This scholarship is valued at £15,000 which will last for the first year of entry.
For applicants, the value of your scholarship will be based on a good academic record, managerial experience, and leadership skills.
For eligibility, applicants must receive and have accepted a conditional or unconstitutional offer for a place at Lancaster University. Fully or partially funded students are not eligible for this scholarship. For additional information, visit the school’s website.
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University of Birmingham
Before becoming a student at the University of Birmingham, you should be aware of your financial needs. Full-time and executive MBA scholarships exist for UK and international students.
Applicants are expected to fill out the scholarship application online after receiving an offer from the university. The earlier you apply, the higher your chances of getting admitted.
The deadlines for various scholarship programs are Friday 2nd June 2023 for the UK and Rest of the World scholarship, while the African MBA scholarship ends Friday, March 2023. The scholarship only lasts for 12 months.
To confirm and select the scholarship that suits you, the school’s website is open for more information and guidance.
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Brunel University London
This University offers several awards to domestic and foreign students wishing to join the Brunel MBA in September 2023 and January 2024.
Successful candidates will be expected to man several roles as Brunel ambassadors, serve as mentors, and also represent the school at several functions relating to business.
The deadline for application is slated for 1st August 2023 at midnight for September 2023 and 15th November 2023 at midnight for January 2024 start.
Available awards include African Continent MBA Scholarship, MBA Scholarship, African continent MBA scholarship, women in leadership MBA scholarship, and middle east MBA scholarship, among others which are all full-time.
As part of the application process, applicants are expected to write a 500-word letter explaining how they will be a good ambassador in the school. You can visit the school’s website for other details about the scholarship.
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Imperial College Business School
Scholarship awards are given to students from diverse cultural backgrounds, awards for women, regional students, and the Reaching Out MBA fellowship. As long as you meet the entry criteria, deadlines, and eligibility requirements, all students are considered for admission.
Under the Imperial College Business School, there are several awards which include the advisory board scholarship, African regional scholarship, and Dean’s impact scholarship among others.
Application is done online at your convenience but before the deadline. Other requirements include your transcript, personal statement, CV, two referees, English proficiency test, and a processing fee among others. You can visit the school’s website for more details.
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The University of Cambridge Judge Business School
There is a wide range of scholarship opportunities that are externally and internally funded. Generally, as regards funding, all scholarship programs are awarded before the start of a new academic session.
Though some external funding is valued in dollars, this doesn’t matter as the funds will be converted to suit the economic need.
Internal funding ranges from £5,000 to £37,000. For external funding, the various organizations must be contacted separately, for a better outlook on the best internal award, download the brochure.
Also, visit the school’s website to access various external funding available.
Conclusion
Having an MBA outside the shores of your country is a great plus to you; aside from the exposure, you have the opportunity to work with several world-class business firms and tycoons.
Due to the cost of education in the UK, scholarship programs and awards are available for outstanding students, both domestic and foreign students.
With this article, if you want an MBA in the UK, that will be a walk in the park, especially if you meet every requirement outlined by the University of your choice.
