Scholarship For MBA In UK: Full Scholarship Guide For Indian Students

There is little doubt when we state that the UK is one of the most advanced countries in the world. Not only is it a leader in trade and other related activities, but it also gives tough competition in the field of education. Every year, thousands of international students, including Indian applicants, visit their shores to study MBA.

But there is a catch. The cost of education, especially courses like MBA, requires you to spend a lot of money, which is easier said than done. Thankfully, there are several MBA scholarships in the UK that allow Indian students to accomplish their dreams at a fraction of the cost. We are looking to introduce you to all the popular scholarships for MBA in the UK for Indian students through this article. https://www.youtube.com/watch?v=0xYXFtYCFeM

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Why MBA in the UK?

The UK is one of the most advanced economies in the world. The universities in the country are built toward helping students get the necessary skills and expertise in a specific subject. Here is why students prefer studying MBA in the UK:

Short duration

MBA is usually a two-year course wherever you go. But most MBA programs offered by UK universities are one-year courses. So it enables applicants to gain a lot of exposure and expand their knowledge and skills in a short time span.

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Top-notch Education Facilities

Most education programs in the United Kingdom focus on balancing theoretical and practical learnings to enable students to garner the requisite skills and expertise. In addition, the presence of top-notch educators who are experienced professionals further contribute by imparting high-level education in the requisite industry.

Scholarships Options

Studying MBA in the UK is a costly affair, and often finances are a significant hindrance for most aspirants. But, thankfully there are a plethora of scholarship options available that act as financial aid for deserving candidates.

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MBA Scholarship in the UK for Indian Students

1. Inlaks Scholarship

Offered by Shivdasani Foundation, the Inlaks Scholarship covers travel outflow, living costs, and tuition expenses for MBA students. The foundation offers up to USD 100,000 (around GBP 73,000) and has joint-scholarship options with Imperial College, London, the Royal College of Art (RCA), London, and the University of Cambridge (Cambridge Trust). Eligibility · It applies to all Indian citizens who have been continuous residents in India for at least six months before the application · The maximum age of the candidate should not be above 30 years of age · The candidates must have the requisite degree from a recognized university

2. Felix Scholarship

The Felix Scholarship is offered to MBA students from India who are underprivileged and gives them an opportunity to study abroad in countries like the United States, the United Kingdom, Australia, and more. The University of Oxford, the University of Reading, and the School of Oriental and African Studies (SOAS), part of the University of London, offer the Felix Scholarship. It covers a 100% tuition fee, one return ticket, and living expenses. Eligibility · Candidates holding a first-class Bachelor’s degree from a recognized Indian university or a comparable institution · Students willing to return to their country after the completion of the study period

3. Chevening Scholarships

Chevening Scholarships is a global scholarship program for Indian applicants with excellent academic records applying for MBA fellowships. It is a fully-funded scholarship for MBA in the UK, which is a fully-funded merit-based program. These scholarships cover tuition fees, the cost of arrival to the UK, a visa, and the requisite travel grants. Eligibility · The applicant must have an undergraduate degree from a recognized Indian university or a comparable institution · Candidates meeting the Chevening English Proficiency requirement · Minimum 2 years or 2,800 hours of relevant experience

4. Commonwealth Masters Scholarships

Funded by the UK Foreign Commonwealth & Development Office (FCDO), the Commonwealth Masters Scholarships are for eligible applicants from lower and middle-income Commonwealth countries. It enables talented and deserving candidates to undertake a full-time MBA program at a participating UK university with ease. Eligibility 

• Its entry requirements need you to be a resident of India or other Commonwealth countries
• The candidate must have an undergraduate honours degree of at least upper second class
• It is available for those who would be unable to complete their MBA without financial help in the form of a scholarship or other offerings.

5. The Global Study Awards

Founded by the British Council, the Global Study Awards is a move to recognize that studying in the UK and other countries abroad can be a positive experience. It also seeks to promote intercultural understanding and tolerance. The maximum reward under this program is GBP 10,000 for every individual. Eligibility 

• The candidate’s age must be over 18
• They must have the requisite IELTS score to prove their English proficiency

6. GREAT Scholarships

Jointly funded by the GREAT Britain Campaign and the British Council, along with participation from several UK universities, GREAT Scholarships are offered to MBA candidates from India and 17 other nationalities across Africa, Asia, and Europe (EU). The maximum funding is GBP 10,000, which covers only tuition fees and not the living expenses of the applicant. Eligibility 

• The candidate must be a Citizen of India
• They must fulfil the requisite English language requirements along with minimum-specified GMAT/GRE score
• They should have prior relevant work experience
• The individual must have an undergraduate degree in the relevant niche

7. Charles Wallace India Trust Scholarships

The Charles Wallace India Trust Scholarships came into the picture after an agreement between the Indian and British governments in 1981. Initially established as an English charity, it is presently run by four trustees. As of today, the foundation has disbursed over 3,000 grants and covers living expenses, international fares, tuition fees, and accommodation for all eligible scholarship applications. Eligibility 

• The candidate must be a Citizen of India
• They must not have received the same scholarship in the past five years

Wrapping up

Scholarships are a great way to motivate bright students from India and other countries who would have otherwise believed that MBA in the UK is beyond their means. Thankfully, a plethora of institutions understand that and run scholarship campaigns to help deserving candidates secure a better tomorrow for themselves by offering them scholarships for MBA in the UK. If you, too, believe that you deserve to study at one of the top UK universities, LeapScholar is there to help you. We offer one-on-one expert counselling to help students understand their prospects and not let high course fees bog their dreams down. Click here to book a free counselling session with LeapScholar today.

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