Have You Considered Your Scholarships Options?

by Nicoleta Chiriac, Recruitment and Admissions Manager, Early Careers

So you’ve made the decision to submit an application for one of our Early Career programmes.

By now I’m assuming you’ve already researched the benefits of studying here, the employment opportunities post graduation and the network you can access as a student at the School.

What’s just as important is that you start to research your financing options. It goes without saying that a masters degree is a big investment and there is a wide range of financial support available to help you both from London Business School and externally.

I hope that this blog will help to provide you with an overview of the selection criteria for the scholarships offered by London Business School.

Students accepted onto our Early Career programmes have access to two types of scholarships: merit-based and bursary scholarships.

Merit-based scholarships do not require an application and candidates will be automatically considered for these upon receiving an offer from the Admissions Committee.  When reviewing candidates for a merit-based scholarship, the Scholarship Committee takes into consideration your academic, personal and professional achievements but also the strength of your application and interview.

Alongside a good academic record, strong internships and a clear focus of your career path, as a potential scholar you will need to showcase a great deal of motivation for becoming an LBS student. We expect our scholars to be active members of the community and act as ambassadors for the programme and the School. This can be demonstrated through extracurricular activities on campus in your undergraduate degree or highlighting ways in which you can contribute to the School’s community through your application and interview.

Morten Siggaard from the Masters in Management (MIM) programme is only one recent example of the high quality students joining our programmes every year.

Bursary scholarships require an application and this can only be submitted once you have received an offer from the Admissions Committee at the School. In order to be reviewed for a bursary scholarship, you will need to provide information on the estimated costs of your year at London Business School and how you expect to fund your studies in the absence of a bursary award. Bursary scholarships are awarded on both financial aid and merit.

Full information on both merit-based scholarships and bursaries can be found on our website here.

We actively encourage candidates to explore all scholarship and financing opportunities available to them in their home country or country of residence. Sources can include charitable organisations, government agencies and the local British Council Office. In addition to these independent sources of funding, candidates are able to apply to the Prodigy – London Business School Loan Scheme.

Kathleen Bell from the Financial Aid Office at London Business School has provided more information on the loan opportunities available to students in previous blogs which can be found here.

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