When studying MBA in the UK, you are eligible to apply for various MBA scholarships from your respective universities, the government, and private organisations. A typical MBA scholarship in the UK offers around GBP 1500 per month (INR 1.6 lakhs) to cover your tuition fees and living expenses. Although this might not cover your expenses entirely, it helps.
Let’s look at the top scholarships to pursue MBA in the UK
Name of the Scholarship
|
Offered By
|
Scholarship Award
|
Commonwealth Scholarship & Fellowship Plan (CSFP)
|
Ministry of HRD, Govt of India
|
Varies (Covers tuition, living expenses, airfare)
|
Chevening Scholarships
|
Chevening (UK Government)
|
Up to GBP 22,000
|
GREAT Scholarships
|
UK Universities
|
Varies by university (Typically up to GBP 7600, or INR 93,000)
|
Imperial Business School Women’s Scholarship
|
The Imperial Business School
|
GBP 15,000 to GBP 25,000 (INR 17 lakhs to 28 lakhs)
|
Cambridge MBA Bursaries
|
Judge’s Business School (Cambridge University)
|
GBP 15,000 (INR 17 lakhs)
|
The Skoll MBA Scholarship
|
Said Business School, University of Oxford
|
Up to GBP 75,000 (INR 84 lakhs)
|
Felix Scholarships
|
University of Oxford, Reading, SOAS
|
Fully funded (Covers tuition, living expenses, airfare)
|
Inlaks Scholarships
|
Inlaks Shivdasani Foundation
|
Up to GBP 76,000 (INR 93 lakhs)
|
Charles Wallace India Trust Scholarships
|
Various arts/creative organisations
|
Varies by award and organisation
|
Cranfield MBA Diversity Scholarship
|
Cranfield Scholarship
|
GBP 10,000 (INR 12 lakhs)
|
Master’s in Finance Merit Scholarship
|
London Business School
|
Covers up to 50% of the tuition fees
|
Let’s discuss the scholarships in detail:
1. Commonwealth Scholarship & Fellowship Plan (CSFP)
The Commonwealth Scholarship, one of the best MBA scholarships in the UK is offered by the UK Foreign, Commonwealth and Development Office to MBA students in the UK. It offers support for your tuition fees, flight expenses, and provides supplementary allowances to cover your living costs. If you’re enrolled in a top B-school in the UK, you can apply for the CSFP.
To be eligible for the Commonwealth scholarship, you need to have a first-class undergraduate degree, be a Commonwealth country citizen, and be enrolled in a prestigious UK B-school.
Application Deadline
|
August - November
|
Amount covered
|
Varies (Covers tuition, living expenses, airfare)
|
Duration
|
Whole Program
|
Provided By
|
Ministry of HRD, Govt of India
|
Eligibility Criteria
|
- PR of a commonwealth country
- Minimum undergraduate degree
- Financial need
- Less than 45 years old
- Must have an offer letter from a UK university
|
2. Chevening Scholarships
Although Cheneving Scholarships are usually fully funded, for MBA you get only up to GBP 22,000 (INR 24 lakhs). To be eligible, you need to have an excellent student profile, which allows you to pursue a funded 1-year MBA from any university in the UK. When applying, make sure you are from a part of Chevening-eligible country.
Although it does not cover the full fees (unlike for a Master’s), you still get your living expenses and travel costs covered. It’s an ideal scholarship to study MBA in the UK.
Application Deadline
|
August - early November
|
Amount covered
|
Fully funded
|
Duration
|
1 year
|
Provided By
|
Chevening (UK Government)
|
Eligibility Criteria
|
- Citizen of a Chevening-eligible country or territory.
- Must return to the home country for at least two years after the award ends.
- Minimum of 2 years of work experience.
- Undergraduate degree from a recognized university.
|
3. GREAT Scholarships
One of the most comprehensive MBA scholarships in the UK, the GREAT scholarship is highly competitive. These scholarships are jointly funded by the GREAT Britain campaign and the British Council, making it very accessible for Indian students. Check if your university participates in the GREAT scholarship program for an MBA, and apply accordingly. When you’re a part of the GREAT scholarship, you are also mandated to attend networking events and discuss experiences about studying in the UK.
Application Deadline
|
Jan - May
|
Amount covered
|
Up to EUR 10,000 (INR 93,000)
|
Duration
|
1 year
|
Provided By
|
UK Universities
|
Eligibility Criteria
|
- Citizen of India.
- Must meet the English language requirement.
- Undergraduate degree from a recognized university.
- Relevant experience in the subject area.
|
5. Imperial Business School Women’s Scholarship
One of the MBA scholarships in the UK meant entirely for women, the Imperial Business School Women’s scholarship offers up to 50% of your tuition fees. You are eligible for this if you pursue a global MBA or an executive MBA at Imperial College. These are offered to women who demonstrate academic and professional excellence and use the MBA degree to create tangible, meaningful impact on society.
Application Deadline
|
Early May
|
Amount covered
|
GBP 15,000 to GBP 25,000 (INR 17 lakhs to 28 lakhs)
|
Duration
|
1 year
|
Provided By
|
Imperial Business School, London
|
Eligibility Criteria
|
- Outstanding academic excellence
- Leadership experience
- Internships & Community Involvement
|
6. Cambridge MBA Bursaries
Cambridge offers multiple scholarships and bursaries to MBA students at the beginning of the academic year. Bursaries in general are offered by the admissions committee after an interview. You cannot apply for an MBA bursary like you can for a scholarship, and this is offered solely by the discretion of the admissions committee. So make sure you have an excellent profile and appear for the interview well-versed in your program, your profile and miscellaneous information.
Application Deadline
|
May 15th 2025
|
Amount covered
|
GBP 15,000 (INR 17 lakhs)
|
Duration
|
1 year
|
Provided By
|
Judge’s Business School, Cambridge University
|
Eligibility Criteria
|
- Strong academic record
- 740+ GMAT score
- Strong interpersonal skills
|
7. The Skoll MBA Scholarship
To study an MBA in the UK, you can avail of the Skoll MBA scholarship. This is offered by the Said Business School at Oxford to eligible MBA candidates. This scholarship is particularly for MBA students who have an affinity for social entrepreneurship and want to pursue it for creating a social impact in the world. This covers full tuition fees and living expenses as well.
Application Deadline
|
January (Round 3 Oxford MBA application deadline)
|
Amount covered
|
Up to GBP 75,000 (INR 84 lakhs)
|
Duration
|
1 year
|
Provided By
|
Oxford University
|
Eligibility Criteria
|
- Must demonstrate a commitment to social entrepreneurship and making a positive impact on the world.
- Have a minimum of 3 years of work experience in social entrepreneurship or a similar field.
- Must have applied and received an offer for the MBA program at Said Business School, University of Oxford.
- Able to demonstrate financial need.
- Must meet the Oxford MBA program’s academic and language requirements.
|
8. Felix Scholarships
Curated particularly for Indian MBA students at the University of Oxford, Felix is one of the best MBA scholarships in the UK. You can apply directly to your Oxford MBA program, and it covers 100% of your tuition, living expenses as well as pays for your travel to and from the UK and India. Indian students with an excellent academic record are eligible to apply. The Felix scholarships also consider financial need.
Application Deadline
|
January - March
|
Amount covered
|
Fully funded
|
Duration
|
Duration of the Program
|
Provided By
|
University of Oxford, Reading, SOAS
|
Eligibility Criteria
|
- A citizen of India or a developing country.
- Bachelor’s degree from a recognized university in India.
- Must return to the home country to work after completing the award.
|
9. Inlaks Scholarships
Offered by the Shivdasani Foundation in India, you can apply for the Inlaks scholarship to pursue an MBA in the UK. The foundation collaborates with top B-schools in the UK, like Imperial College and the University of Cambridge. You need to be under 30 years of age to be eligible for the scholarship, and have a UG degree from a recognised Indian university.
Application Deadline
|
January - April
|
Amount covered
|
Tuition fees
|
Duration
|
1-2 years
|
Provided By
|
Inlaks Shivdasani Foundation
|
Eligibility Criteria
|
- The applicant’s age should not exceed 30 years.
- Citizens of India.
- Undergraduate degree from a recognized university.
|
10. Charles Wallace India Trust Scholarships
Although not explicitly related to MBA programs, you can avail of the Charles Wallace India Trust Scholarships if your program meets the CWITS-supported subjects. Usually provided for MA, MPhil, and PhD, and focused on academic research and professional development, you can apply for the Charles Wallace India Trust Scholarships if you’re an Indian citizen, between 28-38 years of age. It is also necessary to not have received another scholarship previously to avail the CWITS for MBA in the UK.
Application Deadline
|
Varies
|
Amount covered
|
Varies by award and organisation
|
Duration
|
Varies
|
Provided By
|
Various arts/creative organisations
|
Eligibility Criteria
|
- Citizens of India.
- Must not have received any scholarships in the last 5 years
- You should be 28-38 years old
|
11. Cranfield MBA Diversity Scholarship
Cranfield University in the UK offers scholarships that cover up to 70% of the tuition fees. If you’re an international student pursuing an MBA in the UK, apply early for the scholarship for the one-year immersive business program. The Cranfield Business School offers scholarships to 20% of the students, so make sure you have a good application and profile for your MBA.
Application Deadline
|
11th May
|
Amount covered
|
GBP 10,000 (INR 11 lakhs)
|
Duration
|
1 year
|
Provided By
|
Cranfield Business School
|
Eligibility Criteria
|
- You should belong to an under-represented group in the UK
- You should be committed to diversity and inclusivity
- Strong academic and professional background
|
12. Master’s in Finance Merit Scholarships
The London Business School offers merit-based scholarships for successful applicants. You don’t have to apply for these scholarships separately, and the admissions committee can directly decide whether you should be granted the scholarship or not. These scholarships can cover up to 50% of your MBA costs in London Business School, UK. You can avail of these scholarships as a part-time candidate as well.
Application Deadline
|
Usually in August
|
Amount covered
|
50% of the tuition fees
|
Duration
|
1 year
|
Provided By
|
London Business School
|
Eligibility Criteria
|
- You must be enrolled in the full-time or part-time MiF program
- Are eligible for the merit-based selection
|