Pursuing an MBA in the UK offers a unique opportunity for international students to advance their careers, but the cost of tuition and living expenses can be a challenge. Fortunately, there are fully funded MBA scholarships available that can significantly reduce the financial burden.
Prestigious UK universities such as Oxford, Cambridge, and London Business School offer a variety of scholarships that cover tuition fees, living expenses, and additional allowances. This guide outlines the application process for these scholarships, highlighting the key advantages and offering practical tips to help you apply successfully for the 2026 academic year.
Types of Fully Funded MBA Scholarships in the UK for International Students
Pursuing an MBA in the UK is a significant investment, but several prestigious scholarships can alleviate the financial burden for international students. These scholarships not only cover tuition fees but also provide living stipends, travel allowances, and other benefits. Below are some of the most notable fully funded MBA scholarships available for the 2026/2027 academic year:
1. Oxford-Pershing Square Graduate Scholarship
The Oxford-Pershing Square Graduate Scholarship offers full funding for both a one-year Master's degree and the MBA program at the University of Oxford. This scholarship is designed for exceptional individuals who aim to address large-scale global challenges.
- Coverage: Full tuition fees for both degrees and a living stipend of at least £20,780 per year.
- Eligibility: Open to students applying for the 1+1 MBA program, combining a Master's degree with the MBA.
- Number of Awards: Approximately five scholarships available annually.
- Application Process: Candidates must apply separately for the Master's program and the MBA, indicating their interest in the scholarship during the application process.
2. Chevening Scholarships
Funded by the UK government, Chevening Scholarships are awarded to outstanding individuals with leadership potential from over 160 countries. These scholarships cover all expenses for a one-year Master's degree at any UK university, including MBA programs.
- Coverage: Full tuition fees, airfare, accommodation, and a living allowance.
- Eligibility: Applicants must have at least two years of work experience and meet the specific criteria of their home country.
- Number of Awards: Varies by country; typically, each country has a limited number of awards.
- Application Process: Applications are submitted through the official Chevening website, with deadlines varying by country.
3. Commonwealth Master's Scholarships
The Commonwealth Master's Scholarships are aimed at students from low and middle-income Commonwealth countries who would not otherwise be able to study in the UK. These scholarships support one-year Master's programs, including MBAs.
- Coverage: Full tuition fees, airfare, and a living allowance.
- Eligibility: Applicants must be citizens of a Commonwealth country and hold a first degree of at least upper second class standard.
- Number of Awards: Approximately 300 scholarships available annually.
- Application Process: Applications are submitted through the Commonwealth Scholarship Commission's online application system.
4. Gates Cambridge Scholarship
Established by the Bill and Melinda Gates Foundation, the Gates Cambridge Scholarship is one of the most prestigious scholarships available to international students. It covers the full cost of studying at the University of Cambridge, including MBA programs.
- Coverage: Full tuition fees, airfare, maintenance allowance, and additional discretionary funding.
- Eligibility: Applicants must be citizens of any country outside the UK and apply to pursue a full-time postgraduate degree at the University of Cambridge.
- Number of Awards: Approximately 80 scholarships available annually.
- Application Process: Candidates must apply to their chosen course at Cambridge and indicate their interest in the scholarship during the application process.
5. Brunel MBA Scholarships
Brunel University London offers several MBA scholarships for international students enrolling in full-time or part-time MBA programs starting in September 2025 and January 2026.
- Coverage: Scholarships range from £8,000 to £16,000 in tuition fee waivers.
- Eligibility: Applicants must have an offer to study the MBA program and submit a 500-word essay explaining why they would be a strong ambassador for the Brunel MBA.
- Number of Awards: Multiple scholarships available across different categories.
- Application Process: Candidates must apply for the MBA program and submit the scholarship application by the specified deadlines.
6. Lancaster University MBA Scholarships
Lancaster University Management School offers MBA scholarships to international students who demonstrate outstanding leadership potential and a strong commitment to the values of LUMS.
- Coverage: Scholarships offer a 50% reduction in tuition fees.
- Eligibility: Applicants must have a conditional or unconditional offer for the full-time Lancaster MBA program and meet the scholarship criteria.
- Number of Awards: Limited scholarships available.
- Application Process: Scholarship awards are confirmed following interviews throughout the recruitment cycle.
7. University of Glasgow MBA Scholarships
The University of Glasgow offers MBA scholarships for high-achieving, self-funded candidates globally. These scholarships include both full and partial tuition fee waivers.
- Coverage: Full or partial tuition fee waivers.
- Eligibility: Applicants must first obtain an offer to join the university's MBA program.
- Number of Awards: Limited scholarships available.
- Application Process: Candidates must apply for the MBA program and, upon receiving an offer, will be considered for the scholarship.
Step-by-Step Guide to Apply for Fully Funded MBA Scholarships in the UK for International Students (2026/2027)
Applying for a fully funded MBA scholarship in the UK involves several important steps. Below, we provide a detailed guide on how to apply successfully, along with key advantages and other relevant information to help you navigate the process.
Research and Select the Right Scholarship
Before starting the application process, it's crucial to research and choose the scholarship that best aligns with your background, goals, and academic qualifications. UK universities offer a variety of MBA scholarships, such as those at Oxford, Cambridge, Brunel, and Lancaster University. Some scholarships, like the Chevening Scholarship and Commonwealth Master’s Scholarships, may be country-specific, while others, like the Oxford-Pershing Square Graduate Scholarship, are more generalized.
What to do
- Research scholarship opportunities that fit your profile.
- Check the eligibility criteria to confirm that you meet the academic, professional, and national requirements.
- Note the scholarship deadlines and application requirements.
Prepare Your Application Materials
Once you’ve chosen your scholarship, prepare all the necessary documents. Commonly required documents include:
- Academic Transcripts: Your undergraduate or postgraduate grades.
- English Proficiency Test Scores: Typically, IELTS or TOEFL, especially if English is not your first language.
- GMAT/GRE Scores: Some scholarships may require GMAT/GRE scores as part of the application process. Make sure to check whether these are mandatory for your specific scholarship.
- Curriculum Vitae (CV): A detailed CV that highlights your educational background, professional experience, leadership roles, and any volunteer or extracurricular activities.
- Personal Statement or Essay: A well-written statement that explains your motivations for applying, your career goals, why you want to pursue an MBA, and how the scholarship will help you achieve your goals.
- Letters of Recommendation: At least two references, typically from professors, employers, or professional mentors who can speak to your academic or professional qualifications.
what to do:
- Start gathering all necessary documents well ahead of time.
- Tailor your personal statement to each scholarship’s unique criteria, making sure to address how you align with the scholarship’s mission.
- Ensure your recommendation letters are submitted before the deadline.
Step 3: Submit Your Application for the MBA Program
Before applying for any scholarships, you must first gain admission to the MBA program of the UK university. The application to the MBA program and the scholarship are often separate processes, but the scholarship application will usually ask for your MBA acceptance or offer letter.
what to do:
- Apply to the MBA program at the chosen university.
- Make sure to meet the required deadlines for the MBA program application and the scholarship.
- Submit your MBA application fee, if applicable.
Step 4: Apply for the Scholarship
Once you have submitted your MBA application and received an offer (or conditional offer), it’s time to apply for the scholarship. Many UK universities provide an online application portal where you can submit your scholarship application. Some scholarships require a separate form, essay, or video submission, while others automatically consider all applicants once they have been admitted to the MBA program.
what to do:
- Complete the scholarship application forms accurately.
- Attach all required documents (including your MBA offer letter).
- Pay attention to specific essay prompts or additional questions that may require tailored responses.
- Submit your application before the deadline.
Prepare for an Interview (If Applicable)
Some scholarships, particularly those offering full funding, may require an interview as part of the selection process. The interview assesses your motivation, career aspirations, leadership potential, and how you plan to contribute to society after completing your MBA.
what to do,
- If invited for an interview, prepare thoroughly by reviewing your application and scholarship essay.
- Be prepared to discuss your leadership experience, why you’re pursuing an MBA, and your long-term goals.
- Practice answering common scholarship interview questions.
6 Await the Scholarship Decision
After submitting your scholarship application and attending an interview (if required), you will need to wait for the final decision. The selection process for fully funded MBA scholarships can take some time, so be patient during this period. Check your email regularly for updates, and ensure that you respond to any requests for additional information promptly.
what to do:
- Monitor your email for any updates or additional requests.
- Once you receive the scholarship offer, carefully review the details, including any terms and conditions (e.g., maintaining a certain GPA).
- Accept the Scholarship Offer and Confirm Your Enrollment
- If you are selected as a scholarship recipient, you will need to formally accept the offer and confirm your enrollment at the MBA program. You will likely need to submit an acceptance form and may need to pay a deposit to secure your place in the program.
what to do,
- Accept the scholarship offer by the given deadline.
- Submit your enrollment form to the university and secure any necessary funding.
- Begin preparing for your move to the UK, including visa applications, accommodation, and travel arrangements.
Advantages of Fully Funded MBA Scholarships in the UK
1. Financial Relief
The most obvious benefit of a fully funded scholarship is the financial relief it provides. These scholarships typically cover full tuition fees, living expenses, travel costs, and sometimes even additional funds for study materials. This removes the financial burden of pursuing an MBA and allows you to focus on your studies without worrying about costs.
2. Access to World-Class Education
The UK is home to some of the world’s top business schools, including Oxford, Cambridge, and London Business School. A fully funded scholarship enables you to access these world-class programs without the stress of tuition fees, providing you with a top-tier education that enhances your career prospects.
3. Networking Opportunities
Being part of an MBA program in the UK offers incredible networking opportunities with fellow students, faculty, alumni, and professionals from diverse industries and backgrounds. Fully funded scholarship programs often provide access to exclusive events, mentorship, and networking opportunities that can be invaluable in advancing your career.
4. Career Advancement
Having an MBA from a prestigious UK institution can significantly enhance your professional credibility. Many MBA programs also provide dedicated career support services, including internship placements, job fairs, and direct connections to top employers in industries such as finance, consulting, technology, and entrepreneurship.
5. Cultural Experience
Studying in the UK offers a rich cultural experience. As an international student, you’ll have the chance to live in one of the most vibrant and multicultural countries in the world, experiencing British culture while interacting with people from all corners of the globe. This exposure helps broaden your perspective and enhances your global outlook—an important asset in today’s interconnected business world.
Additional Tips and Considerations
- Start Early: The application process for fully funded MBA scholarships is highly competitive and time-consuming. Start your research and preparations at least 12-18 months before the application deadlines.
- Tailor Your Application: Customize your scholarship essays and personal statements to align with each scholarship’s specific goals and requirements.
- Seek Guidance: Don’t hesitate to reach out to current scholarship recipients, alumni, or admissions officers for advice and insights into the application process.
- Stay Organized: Keep track of all application deadlines, required documents, and submission confirmations to avoid last-minute stress.
FAQs
1. What are fully funded MBA scholarships for international students in the UK?
Fully funded MBA scholarships cover all tuition fees and often include living expenses, travel allowances, and other benefits. These scholarships are offered by top UK universities like Oxford, Cambridge, and London Business School to support international students pursuing an MBA without the financial burden.
2. How do I apply for fully funded MBA scholarships in the UK?
To apply for a fully funded MBA scholarship in the UK, you first need to gain admission to the MBA program of your choice. Once accepted, you can submit a separate application for the scholarship, including required documents such as transcripts, GMAT/GRE scores, personal statements, and letters of recommendation. Make sure to check each scholarship’s specific requirements and deadlines.
3. What are the eligibility criteria for these scholarships?
Eligibility for fully funded MBA scholarships typically includes a strong academic record, professional experience, leadership potential, and a clear career plan. Each scholarship may have specific criteria, such as nationality requirements, work experience, or a demonstrated commitment to a particular field or cause (e.g., social impact, entrepreneurship).
4. Can I apply for multiple fully funded MBA scholarships?
Yes, you can apply for multiple scholarships, but keep in mind that each scholarship may have different application processes and deadlines. Make sure to tailor your applications to fit the unique requirements of each scholarship, and ensure that you meet all eligibility criteria for each one.
5. Are there any scholarship opportunities for students from specific countries or regions?
Yes, many fully funded MBA scholarships in the UK are specifically designed for students from certain countries or regions. For example, Chevening Scholarships are available for students from over 160 countries, while the AfOx Scholarships are specifically for African students. Be sure to check the eligibility details for each scholarship to confirm whether your country is included.
Conclusion
Applying for fully funded MBA scholarships in the UK is a significant step in advancing your education and career. By carefully following the step-by-step guide and leveraging the advantages of these prestigious opportunities, you can make your MBA dreams a reality without the financial burden. Remember, the process is highly competitive, so starting early and submitting a well-prepared application will give you the best chance of success.