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MSc funding and scholarships

We know that choosing to pursue a Master's programme is an important decision and a substantial investment in yourself. Fees for our MSc programmes are the same for both UK and international students.

In addition to the costs of tuition, you should also consider the costs of living in London during your studies and the lifestyle choices that will determine your costs. Many of the students in our Master's programmes fund their studies through multiple funding sources, combining personal resources with education loans and scholarships.

Master's scholarships and bursaries

Imperial College Business School is pleased to offer significant scholarship funding to our most talented applicants. A range of scholarships are available, including several dedicated schemes for specific programmes, and it is recommended that you apply early to give yourself the best chance of receiving an award.

We have three submission deadlines to apply for scholarships for our 2024 Master’s intake of students. To be considered for a scholarship you should submit your application by one of the deadlines; scholarships will be awarded from the first deadline onwards. We will review your suitability for an award alongside the other applications we receive within that round.

Please note that some of our scholarships require the additional submission of a video interview; admitted students will receive further information on how to submit a video interview via email within approximately two months of the deadline. Please also be aware that scholarships may not be awarded following every round (e.g. if scholarships in a particular category have all been awarded or there is an insufficient number of eligible candidates in a given round).

2024 scholarships and awards for all MSc programmes

Amount

Up to £15,000

Summary

Imperial College Business School is proud to be a global organisation with students from all over the world. To encourage this further, we are offering scholarships to African students who we believe would contribute to the Imperial community.

Eligibility

Applicants who are resident in one of the 54 African countries (as defined by the United Nations) will automatically be considered.

Requirements

A strong overall application with excellent academic background, career potential, references and personal statement.

How to apply

Candidates who submit their application for an MSc programme before the deadline advertised below and receive an offer for the programme will automatically be considered for this scholarship. Successful candidates will be notified by the Admissions team. Awards will be assessed from the initial deadline onwards, and you are therefore encouraged to submit your application as early as possible in order to maximise your chance of success. Awards may not be granted following every deadline, as all scholarships in this category may have been awarded in a previous round, or there may be insufficient eligible candidates in a round.

Deadlines

  • 3 November
  • 19 January
  • 29 March

Amount

50% of the tuition fee

Summary

Imperial College Business School is proud to be a global organisation with students from all over the world. Currently, students from Black or mixed black backgrounds are underrepresented in our student cohort and we're working to improve this. To encourage this further, we are offering scholarships to students from Black or mixed black backgrounds from all regions, who can demonstrate their leadership potential and want to make a positive contribution to the Imperial community.

Eligibility

The Black Future Leaders Scholarship is available to applicants demonstrating an outstanding track record of leadership and/or leadership potential. Self-identification of ethnicity from a Black or mixed background (including Black African or Black Caribbean and any other mixed black background) is also a requirement.

Requirements

  • An excellent academic background
  • A strong track record of leadership and/or leadership potential (this may include during your studies, work experience and internships, and/or within your community)
  • The overall strength of your application and interview performance, including references.

How to apply

Candidates who submit their application for an MSc programme before the scholarship submission round advertised below and receive an offer for the programme will be eligible to apply for this scholarship.

Awards will be assessed from the initial deadline onwards, and you are therefore encouraged to submit your application as early as possible in order to maximise your chance of success. Awards may not be granted following every deadline, as all scholarships in this category may have been awarded in a previous round, or there may be insufficient eligible candidates in a round.

A video assessment is required for this scholarship. Further details will be communicated once you have received an offer for the programme.

Deadlines

  • 3 November
  • 19 January
  • 29 March

Amount

Up to £10,000

Eligibility

All successful applicants who are members of the Bright Network will be automatically considered.

Requirements

  • Bright Network membership
  • An excellent application, demonstrating academic merit, strong professional, or community experience, leadership potential, and a clear career plan.

How to apply

Candidates who submit their application for an MSc programme before the deadline advertised below and receive an offer for the programme will automatically be considered for this scholarship. Successful candidates will be notified by the Admissions team. Awards will be assessed from the initial deadline onwards, and you are therefore encouraged to submit your application as early as possible in order to maximise your chance of success. Awards may not be granted following every deadline, as all scholarships in this category may have been awarded in a previous round, or there may be insufficient eligible candidates in a round.

Deadlines

  • 3 November
  • 19 January
  • 29 March

Amount

£20,000

Summary

Our vision is to benefit business and improve society through the power of innovative thinking. We are delighted to offer the Dean's Impact Scholarship to candidates who demonstrate impact and achievement in any of the five key areas listed below:

  • Entrepreneurship
  • Technology and Innovation
  • Sustainability
  • Social Impact
  • Leadership

Eligibility

All successful applicants are eligible to apply for this award.

How to apply

Candidates who submit their application for an MSc programme before the scholarship submission round advertised below and receive an offer for the programme will be eligible to apply for this scholarship.

Awards will be assessed from the initial deadline onwards, and you are therefore encouraged to submit your application as early as possible in order to maximise your chance of success. Awards may not be granted following every deadline, as all scholarships in this category may have been awarded in a previous round, or there may be insufficient eligible candidates in a round.

A video assessment is required for this scholarship. Further details will be communicated once you have received an offer.

Deadlines

  • 3 November
  • 19 January
  • 29 March

Amount

Up to £10,000

Summary

Scholarships are available for applicants demonstrating all-round excellence in their application and interview performance.

Eligibility

All successful applicants will automatically be considered.

Requirements

An excellent application, demonstrating academic merit, strong professional or internship experience, clear career plan and leadership potential

How to apply

Candidates who submit their application for an MSc programme before the deadline advertised below and receive an offer for the programme will automatically be considered for this scholarship. Successful candidates will be notified by the Admissions team. Awards will be assessed from the initial deadline onwards, and you are therefore encouraged to submit your application as early as possible in order to maximise your chance of success. Awards may not be granted following every deadline, as all scholarships in this category may have been awarded in a previous round, or there may be insufficient eligible candidates in a round.

Deadlines

  • 3 November
  • 19 January
  • 29 March

Amount

Up to £15,000

Summary

Imperial College Business School is proud to be a global organisation with students from all over the world. To encourage this further, we are offering scholarships to Latin American students who we believe will contribute to the Imperial community.

Eligibility

Applicants who are resident in one of the 21 Latin American countries (as defined by the United Nations) will automatically be considered.

Requirements

A strong overall application with excellent academic background, career potential, references and personal statement.

How to apply

Candidates who submit their application for an MSc programme before the deadline advertised below and receive an offer for the programme will automatically be considered for this scholarship. Successful candidates will be notified by the Admissions team. Awards will be assessed from the initial deadline onwards, and you are therefore encouraged to submit your application as early as possible in order to maximise your chance of success. Awards may not be granted following every deadline, as all scholarships in this category may have been awarded in a previous round, or there may be insufficient eligible candidates in a round.

Deadlines

  • 3 November
  • 19 January
  • 29 March

Amount

£15,000

Summary

Imperial College Business School is committed to promoting equality in business and society. We are delighted to offer scholarships for students who are part of, or allies to, the LGBTQ+ community.

Eligibility

All successful applicants are eligible to apply for this award.

Requirements

  • A strong track record of promoting diversity and inclusion
  • A desire to drive initiatives to encourage LGBTQ+ participation in business education and to champion equality within Imperial and beyond.

How to apply

Candidates who submit their application for an MSc programme before the scholarship submission round advertised below and receive an offer for the programme will be eligible to apply for this scholarship.

Awards will be assessed from the initial deadline onwards, and you are therefore encouraged to submit your application as early as possible in order to maximise your chance of success. Awards may not be granted following every deadline, as all scholarships in this category may have been awarded in a previous round, or there may be insufficient eligible candidates in a round.

A video assessment is required for this scholarship. Further details will be communicated once you have received an offer.

Deadlines

  • 3 November
  • 19 January
  • 29 March

Amount

10% of the tuition fees

Summary

We welcome applications from Imperial College London alumni. We offer a 10% bursary on tuition fees to successful candidates with an undergraduate degree from Imperial awarded at a minimum of Upper Second Class Honours, or Master’s degree awarded with a minimum of Merit.

How to apply

Imperial College London students or alumni who apply before the above deadline and receive an offer for the programme will automatically receive this award. We cannot guarantee the availability of Imperial Loyalty Bursaries for applications received after the deadline.

Deadline

19 January 2024

Programme-specific awards

Amount

Full tuition fees

Overview

This scholarship offers a unique opportunity for an exceptional Muslim student who is active in British Muslim communities and keen to build bridges with all parts of British society. The successful recipient will have the commitment and intelligence to support and represent Muslim communities in wider society, as well as the credibility to bring and explain new learning experiences back to the community. They will help create a mutual understanding between Muslims and others and contribute to the creation of a more cohesive society.

The Aziz Foundation welcomes informal enquiries from candidates considering an application. Enquiries should be made to scholarships@azizfoundation.org.uk.

Eligible programmes

Requirements

  • Hold an offer or have submitted a complete application for MSc Climate Change, Management & Finance for September 2024 entry
  • Be eligible for Home fee status
  • Be active within your local and/or faith community and demonstrate a desire to develop intellectual skills within a multi-faith/secular environment
  • Overall strength of your application and academic references
  • Be able to demonstrate long-term commitment to community/societal development and good relations through public leadership
  • Be Zakat eligible/in financial need and unable to cover the costs of tuition
  • Have an excellent understanding of your chosen industry and how to progress within it, with relevant, prior experience and/or achievements in the field
  • Have knowledge of how this programme will enable you to generate social impact

How to apply

Stage one: Apply to Imperial College Business School Submit an application for the MSc Climate Change, Management & Finance programme by Monday 6 May 2024.

Stage two: Apply to Imperial College Business School for the Scholarship Submit a statement of no more than 1,000 words setting out how you meet the criteria above, addressing also how you hope to use this scholarship for your future work. Please submit the statement to mscclimatechange@imperial.ac.uk by Friday 7 June 2024. Remember to include your full name and your CID in your email.

Stage three: Attend the Interview If called, please attend the interview with Imperial College Business School and the Aziz Foundation. It is anticipated that interviews will be held in early July 2024. Please note that we will only contact you if you have been shortlisted. If you do not hear from us, then please assume your application has not been successful.

Deadlines

  • 6 May: Deadline to apply to the programme
  • 7 June: Deadline to apply to the scholarship

Amount 

Full fees and a maintenance grant to support living expenses.

Overview

MUFG Investor Services, a division of Mitsubishi UFJ Financial Group, Inc (MUFG), one of the largest banks in the world is proud to work in partnership with Imperial College Business School to offer scholarship funding to a talented student.

MUFG Investor Services considers its partnership with Imperial College Business School as much more than the funding of this tremendous opportunity. This scholarship funding comes with the additional offering of mentoring and coaching from seasoned leaders within the firm to support the awardee’s ongoing development.

This new scholarship is especially important as John Sergides, Chief Executive at MUFG Investor Services was once a student at Imperial College London and still plays an active role in supporting the College and its students.

“Having achieved my Master of Engineering at Imperial College London, I am exceptionally proud to still be active with the College and offer this sponsorship opportunity to increase the accessibility of quality education. I am eager to remove some of the barriers that exist today and enable this experience.” John Sergides

The scholarship aims to support an academically brilliant student who can demonstrate that they have come from a financially disadvantaged background or are from the first generation in their family to attend university.

Eligible programmes

MSc Finance

Requirements

  • A very strong academic background and potential for future success
  • Your performance during the admissions process, where academic and professional merit will be assessed
  • A track record of professional excellence and achievement through internships and/or work experience
  • Your video response demonstrating that you have overcome financial adversities to pursue your education, or that you are from the first generation in your family to attend university

How to apply

Candidates who submit their application for the MSc Finance programme before the deadline advertised below and receive an offer for the programme will be eligible to apply for this scholarship. A video assessment is required for this scholarship, and details will be communicated once an offer has been made.

Deadline

17 June

Overview

The LIFE Scholarship programme is open to the best and brightest Lebanese students in financial need. LIFE attracts the most talented students through its strong partnerships with select universities in Lebanon and abroad. For more information and to apply, please visit the LIFE website.

Eligible programmes

  • MSc Finance
  • MSc Finance & Accounting
  • MSc Financial Technology
  • MSc Investment & Wealth Management
  • MSc Risk Management & Financial Engineering

Requirements

  • Be Lebanese or of Lebanese descent
  • Pursuing a degree in Finance
  • Be in demonstrable financial need
  • Have and maintain an excellent academic record (at or above 80th percentile)
  • Have drive and ambition to be the next leader in your field

Amount

Full tuition fee

Summary

Our Global Leadership Scholarship is available to MSc International Management applicants demonstrating an outstanding track record of leadership and/or outstanding leadership potential, a focused career plan and a strong overall application.

Eligible programmes

MSc International Management

Eligibility criteria

Successful applicants will demonstrate the ability and passion to become a visionary business leader. To be considered for this scholarship, you must display leadership qualities and exceptional career potential in your application.

Requirements

  • A strong track record of leadership – this may include during your studies, work experience and internships, and/or within your community
  • Outstanding future leadership potential
  • The overall strength of your application and interview performance, including a good academic background, good GMAT performance, a strong CV, and a well-researched career plan
  • Your academic and/or professional references.

How to apply

Candidates who submit their MSc International Management application before the deadline advertised below and are shortlisted for the programme will be invited to apply for this scholarship. Shortlisted candidates will be invited to submit a video assessment. In the three-minute video response, you will be asked to describe the time when you had the most impact as a leader.

Awards will be assessed from the initial deadline onwards, and you are therefore encouraged to submit your application as early as possible in order to maximise your chance of success. Awards may not be granted following every deadline, as all scholarships in this category may have been awarded in a previous round, or there may be insufficient eligible candidates in a round.

Deadlines

  • 3 November
  • 19 January
  • 29 March

Amount

Up to £25,000

Overview

Imperial College Business School is committed to closing the gender gap in business, and is passionate about supporting talented women pursuing a career in finance. We are therefore pleased to offer scholarships to exceptional female candidates who demonstrate outstanding academic achievement and career potential.

Eligible programmes

Requirements

  • An exceptional academic background, typically a strong first-class honours degree or international equivalent
  • A strong track record of leadership and/or leadership potential
  • Your references.

How to apply

Candidates who submit their MSc programme application by the deadlines advertised below and receive an offer for the programme will automatically be considered for this scholarship.

Your personal statement should highlight your leadership experience so far and what you have learnt from it. We are especially interested in hearing about any participation in diversity initiatives in your university or professional experience. Successful candidates will be notified by the Admissions team.

Awards will be assessed from the initial deadline onwards, and you are therefore encouraged to submit your application as early as possible in order to maximise your chance of success. Awards may not be granted following every deadline, as all scholarships in this category may have been awarded in a previous round, or there may be insufficient eligible candidates in a round.

Deadlines

  • 3 November
  • 19 January
  • 29 March

Amount

£30,000

Overview

The W L “Bill” Byrnes Global Scholarship has been established thanks to a generous donation by the Fidelity UK Foundation in memory of Bill Byrnes, who played a significant role in the development of Fidelity as an international investment management business.

The scholarship aims to support an academically brilliant student who can demonstrate that they have come from a financially disadvantaged background or are from the first generation in their family to attend university. One award of £30,000 is available to students joining the MSc Investment & Wealth Management programme.

Eligible programmes

MSc Investment & Wealth Management

Requirements

  • A very strong academic background and potential for future success
  • Your performance during the admissions process, where academic and professional merit will be assessed
  • A track record of professional excellence and achievement through internships and/or work experience
  • Your video response demonstrating that you have overcome financial adversities to pursue your education, or that you are from the first generation in your family to attend university.

How to apply

Candidates who submit their application for the MSc Investment & Wealth Management programme before the deadline advertised below and receive an offer for the programme will be eligible to apply for this scholarship. A video assessment is required for this scholarship, and details will be communicated once an offer has been made.

Awards will be assessed from the initial deadline onwards, and you are therefore encouraged to submit your application as early as possible in order to maximise your chance of success. Awards may not be granted following every deadline, as all scholarships in this category may have been awarded in a previous round, or there may be insufficient eligible candidates in a round.

Deadlines

  • 3 November
  • 19 January
  • 29 March

Amount

Full fees and a maintenance grant to support living expenses.

Overview

The Lee Family – Imperial College Business School scholarship has been established to support talented alumni of Imperial College London pursue either an MSc Finance or MSc International Management programme at Imperial College Business School. It is offered to Imperial College London students or alumni with exceptional academic performance in their undergraduate degree from Imperial and a strong overall application.

Eligible programmes

Requirements

  • A current Imperial College London student or alumni
  • An exceptional academic background, typically a strong first-class honours degree
  • Demonstrable evidence of your future academic success
  • Overall strength of your application and academic references

How to apply

Candidates who submit their MSc Finance or MSc International Management application by the deadlines advertised below and receive an offer for the programme will automatically be considered for this scholarship.

As the Lee Family – Imperial College Business School scholarship covers the full tuition fees, the successful candidate will be ineligible for an additional Imperial Loyalty Bursary. If any such awards have already been received, the award of the Lee Family – Imperial College Business School scholarship will supersede them.

Awards will be assessed from the initial deadline onwards, and you are therefore encouraged to submit your application as early as possible in order to maximise your chance of success. Awards may not be granted following every deadline, as all scholarships in this category may have been awarded in a previous round, or there may be insufficient eligible candidates in a round.

Deadlines

  • 3 November
  • 19 January
  • 29 March

Receiving a scholarship

“I am extremely thankful and proud of securing the Women In Finance Scholarship as it not only helped me financially, but has also introduced me to an entire new network of other scholarship holders from other programmes.”
Kate Egorova
MSc Investment & Wealth Management 2024
Women In Finance Scholar
Hear more from our students

Financing your MSc

Many of the students on our Master's programmes fund their studies through multiple funding sources, combining personal resources with education loans and scholarships.

Funding options

A Professional and Career Development Loan is a government-backed commercial bank loan that UK residents can use to help pay for work-related learning.

Imperial College London is a Professional and Career Development Loans registered Learning Provider, registration number 7477. For more information and to find out which banks offer the loan, see the gov.uk website.

If you are a UK or EU student who meets certain criteria, you can apply for the  Postgraduate Master's Loan from the UK government. See the gov.uk website for more information.

Lendwise  is a specialist loan provider dedicated to education finance for UK residents who are looking to fund their postgraduate studies at top universities.

Prodigy Finance is a loan provider for international postgraduate students at the world’s top business schools. The Prodigy Finance loan is available to full time students. You will be eligible to apply for the Prodigy Finance loan once you have a firm offer from us.

You should consider what personal resources are available to you and evaluate your income, assets and your lifestyle expenses. Personal resources reduce your dependency on loans and other financing options.

Other sources of funding may be found in these publications; The Grants Register (published by Macmillan), Awards for postgraduate study at Commonwealth Universities (Association of Commonwealth Universities) and Study Abroad (UNESCO), as well as on the Imperial College London website.

For UK residents, for further information on financial assistance to support your learning, please visit gov.uk or contact 0800 100 900.

Hear from scholarship recipients

Shauna maguire
Scholarship blog

Empowering women in education: My scholarship journey

The Imperial Global Online MBA Women’s Scholarships are awarded to women showing exceptional academic achievement and professional excellence. Shauna Maguire, Global Online MBA shares her experience achieving this scholarship and what it means to her.

Read more
Andrea Gonzalez Imperial
Scholarship blog

My journey securing the LATAM Regional Scholarship

Andrea Palacios Gonzalez, a MSc Finance student, shares her experience achieving the Latin America (LATAM) Regional Scholarship, what it means to her and her advice for prospective students.

Read more
Daniel Rubio Sanchez 
Scholarship blog

My MBA journey: securing the Dean's Impact Scholarship

Daniel Rubio Sanchez, a Global Online MBA student shares his experience securing the Dean's Impact Scholarship, delving into its personal significance and offering practical advice for prospective students.

Read more
View all scholarship blogs

If you are offered an Imperial College Business School scholarship and are subsequently offered a larger award by us, the larger one would supersede the first award and would not be in addition to it. Scholarships awarded by Imperial College Business School are in the form of a reduction of the tuition fee. Therefore, if you receive another scholarship that pays the full tuition fee directly to the College, you cannot also receive a scholarship from the Business School.

Nothing on this website is or shall be deemed to constitute, financial advice or a recommendation or endorsement in respect of any financial product.  You should always check the suitability of the product that is of interest to you. If you are in any doubt as to its suitability, we suggest that you seek independent professional advice.  Apart from certain circumstances, deposits are not refundable if you fail to take up your place in the programme. You can find out if you qualify for a refund and the process for requesting a refund on the College’s postgraduate deposit information page.