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IMD MBA Scholarships for Future Leaders
The International Institute for Management Development’s goal is to inspire talented individuals worldwide, regardless of their financial resources, to apply and showcase their potential, determination, and enthusiasm. The IMD is a distinguished private business school in the beautiful city of Lausanne, Switzerland.
IMD embraces the value of diversity and strives to promote it through our merit and need-based MBA scholarships. These scholarships are granted to candidates who have not only applied for but also accepted an offer to join its renowned IMD MBA program.
By offering these scholarships for international students, IMD aims to create opportunities for deserving individuals and contribute to their personal and professional growth.
| Scholarships By | International Institute for Management Development (IMD) |
| Country | Switzerland |
IMD MBA Scholarships
IMD aims to support talented individuals worldwide who may need more financial resources but possess the qualities we seek: potential, determination, and passion.
IMD strongly believes in promoting diversity through merit and need-based MBA scholarships.
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These scholarships are granted to candidates who have applied for and been accepted into the IMD MBA program.
The Hilti Scholars Program
The scholarship program is designed to assist talented students with a background in STEM (science, technology, engineering, and mathematics) fields.
It covers approximately half of the tuition fees, enabling individuals from STEM backgrounds to pursue their education at IMD.
The Hilti Scholars Program will support six IMD MBA scholars every year.
Application Process:
- To apply for this program, you must submit an essay as part of your regular admissions application.
- Complete the IMD MBA Financial Aid form, which can be found in the Finance Planning section of your MBA application.
| Amount | CHF 50,000 |
| Deadlines | 15 July 202315 August 202315 September 202315 October 2023 |
Financial Need Scholarships
If you need financial assistance, you should apply for Financial Need Scholarships by IMD when you submit your admissions application.
Application Process:
You can find the application form directly on your admissions application to apply for a scholarship.
The criteria for the scholarship include:
- Demonstrating financial need
- Having good academic performance
- Providing a strong reference letter
- Showing steady career progression
To apply for a financial need scholarship, please visit the Financial Planning section of your Admissions application.
Recipients of the scholarship are confirmed on an ongoing basis.
| Amount | Upto CHF 30,000 |
| Deadlines | Same as the admissions application |
IMD MBA scholarships that require accompanying documentation
The Staton Scholarship
To be eligible for this scholarship, you must be a citizen of a Latin American country (excluding Brazil) and commit to returning to Latin America for at least three years after completing the program.
| Amount | CHF 50K |
| Deadline | 15 September |
The BackPack-Excellence Scholarship for Women – Full scholarship & living expenses
The scholarship offers an opportunity for capable women who may have thought pursuing an MBA program was impossible due to challenges like family responsibilities, forced relocation, and financial limitations.
| Amount | NA |
| Deadline | 1 July |
The Jebsen Family Global South MBA & EMBA Scholars Program
To be eligible for this scholarship, you should demonstrate a history of holding leadership roles in the non-profit sector.
| Amount | CHF 50K |
| Deadline | NA |
The Nestlé Scholarship for Women
For this scholarship, preference is given to women from developing countries (Nestlé employees or its subsidiaries are ineligible).
| Amount | CHF 20K |
| Deadline | 15 July |
Forté scholarships for women
To be eligible for this scholarship, you should be the most outstanding applicant overall among the specified deadlines.
A high GMAT/GRE score is expected, along with a demonstration of career advancement, a global perspective, an open-minded approach, and excellent interpersonal skills.
| Amount | CHF 20K |
| Deadline | 15 April or 15 June |
IMD MBA scholarships for best all-round applicants
These scholarships are given to the top applicants who meet specific criteria:
You don’t need to apply separately for the scholarship.
Also, you should have a high GMAT/GRE score and show qualities like career growth, a global perspective, open-mindedness, and good interpersonal skills in your application and assessment.
Recipients are chosen when the admissions offer is given.
| Scholarship | Amount | Criteria |
| Young Leaders Scholarships | up to CHF 50K | Have exceptional leadership potential and be aged 24-27 years old |
| Swiss Resident Scholarship | CHF 25 – 50K | Be currently living in Switzerland with a valid work permit or Swiss passport |
| Forté Women Scholarships | CHF 20K | Women applicants who apply for the 15 April and 15 June for the admissions deadline |
| Leadership Scholarships | CHF 30K | Have exceptional leadership experience or potential |
| Entrepreneur Scholarship | up to CHF 30K | Have strong entrepreneurial experience |
| Sustainability Scholarship | up to CHF 30K | Have exceptional sustainability impact |
| Healthcare Scholarship | up to CHF 30K | Have strong work experience in the healthcare industry |
| Military Scholarship | up to CHF 30K | Have a professional military background with strong achievements |
| Sports Scholarship | up to CHF 30K | Have a strong professional sports background |
| Tech Scholarship | up to CHF 30K | Have strong work experience in the tech industry |
| German Engineer Scholarship | up to CHF 30K | Be a citizen of Germany and have a strong engineering background |
| Africa Scholarships | up to CHF 30K | Be a citizen of the mentioned region |
| Asia Scholarships | up to CHF 30K | Be a citizen of the mentioned region |
| Europe Scholarships | up to CHF 30K | Be a citizen of the mentioned region |
| Latin America Scholarships | up to CHF 30K | Be a citizen of the mentioned region |
| Middle East Scholarships | up to CHF 30K | Be a citizen of the mentioned region |
| North America Scholarships | up to CHF 30K | Be a citizen of the mentioned region |
| Oceania Scholarships | up to CHF 30K | Be a citizen of the mentioned region |
Final Thoughts
IMD MBA scholarships are designed to support and recognise exceptional individuals who demonstrate outstanding academic achievements, leadership potential, and a commitment to positively impacting the business world.
IMD ensures that talented candidates from diverse backgrounds can access their transformative MBA program by offering various scholarships, including merit-based, need-based, and sector-specific scholarships.
The scholarships provide financial support and foster diversity, inclusivity, and the development of future global leaders.
If you aspire to be part of an elite group of MBA students at IMD and embark on a transformational journey, these scholarships can catalyze your success.
If you are looking for expert guidance, LeapScholar’s counsellors can assist you in exploring the scholarship options, understanding the requirements, and providing guidance for a successful application.
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Frequently Asked Questions
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What types of scholarships does IMD offer for its MBA program?
IMD offers a range of scholarships, including merit-based scholarships, need-based scholarships, and sector-specific scholarships.
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How can I determine if I am eligible for an IMD MBA scholarship?
It’s important to review the scholarship requirements and guidelines provided by IMD to assess your eligibility. Some factors include academic achievements, leadership potential, professional experience, and financial need.
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How do I apply for an IMD MBA scholarship?
To apply for an IMD MBA scholarship, you need to submit your scholarship application along with your MBA application. IMD will outline the specific application process and required documentation on its website.
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Are IMD MBA scholarships available for international students?
Yes, IMD MBA scholarships are open to both domestic and international students.
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What are the benefits of receiving an IMD MBA scholarship?
Receiving an IMD MBA scholarship can provide several benefits, such as financial support to cover tuition fees, living expenses, and other educational costs.
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Can I apply for multiple scholarships at IMD?
Yes, you can apply for multiple scholarships at IMD. However, some scholarships may have specific criteria or restrictions, so it’s important to carefully review the requirements and ensure that you meet the eligibility criteria for each scholarship.
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Can I apply for an IMD MBA scholarship after being admitted into the program?
No, scholarship applications must be submitted along with your MBA application. It is crucial to complete the scholarship application within the specified deadlines to be considered for financial assistance.
