We know that choosing to pursue an MBA is one of the most important decisions you will make and is a substantial investment in yourself.
In addition to the costs of tuition, you should also consider the costs of flights and visas for the international elements of the programme, accommodation within London during your studies and the lifestyle choices that will determine your costs.
Many of our students on the Executive MBA fund their studies through multiple funding sources, combining personal resources with company sponsorship, education loans and scholarships.
Loans
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.
Individual banks, building societies and other lenders offer study loans.
Lendwise is a specialist loan provider dedicated to education finance for UK residents who are looking to fund their postgraduate studies at top universities.
Other funding options
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.
A number of our students are either wholly or partly sponsored by their employers. To gain the support of your employer to sponsor your MBA studies, it is important to build a strong business case that demonstrates how the programme can help you and your organisation. Essentially, your case needs to persuade your employer that funding your education would be a good investment for the business.
Top tips:
- Clarify your career goals
- Identify your company policy
- Speak to colleagues who have been sponsored
- Decide on the kind of sponsorship you want from your employer
- Invite your employer to find out more about the programme
If you require further assistance on employer sponsorship, you can talk to the Recruitment team at an event, or submit a request through our general enquiries form.
For UK residents, for further information on financial assistance to support your learning, please visit gov.uk or contact 0800 100 900.
Please note that other sources of funding may be available.
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.
Inside IB podcast: how to fund your MBA programme
"Having an employer that you can make a good agreement with is extremely important if you’re looking for sponsorship. My employer was open to the idea of sponsorship but I also needed to convince them. Look at it like a business proposal – what’s in it for you and what’s in it for them."
