IESE FINANCIAL AID OFFICE
INDEXFINANCIAL AID OFFICE
NORTH AMERICA ........................................................................................................................ 6
CANADA ....................................................................................................................................... 6
UNITED STATES .......................................................................................................................... 6
MEXICO ........................................................................................................................................ 7
BRAZIL ......................................................................................................................................... 8
COLOMBIA ................................................................................................................................... 8
CHILE ........................................................................................................................................... 9
EUROPE ......................................................................................................................................... 9
AUSTRIA ...................................................................................................................................... 9
BELGIUM ................................................................................................................................... 10
DENMARK .................................................................................................................................. 11
FINLAND .................................................................................................................................... 11
FRANCE ..................................................................................................................................... 12
GERMANY .................................................................................................................................. 12
GREECE ..................................................................................................................................... 15
ICELAND .................................................................................................................................... 15
ITALY .......................................................................................................................................... 15
NETHERLANDS.......................................................................................................................... 16
NORWAY ..................................................................................................................................... 17
RUSSIA ...................................................................................................................................... 18
SPAIN ......................................................................................................................................... 18
SWITZERLAND ........................................................................................................................... 20
SWEDEN .................................................................................................................................... 21
UNITED KINGDOM .................................................................................................................... 22
ASIA .............................................................................................................................................. 22
INDIA ......................................................................................................................................... 22
JAPAN ........................................................................................................................................ 25
SINGAPORE ............................................................................................................................... 25
ARAB COUNTRIES .................................................................................................................... 25
AUSTRALIA ................................................................................................................................. 26
OTHER SCHOLARSHIPS ......................................................................................................... 27
The Financial Aid Office provides financial assistance to all students who need help meeting their education expenses, regardless of their nationality or the program they are taking. We have outstanding Financial Aid Packages for everyone.
Our mission is to provide IESE students with the biggest variety of scholarships and loans and, in general, a wide range of finaincing methods, together with excellent customer service.
IESE FINANCIAL AID OFFICE
Contact Details:
IESE Financial Aid Office
Tel.: 93 253 42 00
5IESE BUSINESS SCHOOL
FINANCIAL AID OFFICE
6 IESE BUSINESS SCHOOL
NORTH AMERICA
CANADA
Can Learn (Loan / MBA / Canadian)
The Government of Canada and most provincial and regional governments work in partnership to
deliver federal and provincial student loan and grant programs. Each student needs to apply to his/her
province of residence. When the loan application is being assessed, the student is evaluated for loans
on both levels – provincial and national.
Nationality: Canadian
Type: Loan
Program: MBA
Useful link: www.canlearn.ca/eng/postsec/getloan/hta.shtml
UNITED STATES
US Federal Loans (Direct Loans) (Loan / MBA / American)
You must be a U.S. citizen or permanent resident. Direct Loans are low-interest loans for students and
parents to help pay for the cost of a student’s education after high school. The lender is the U.S.
Department of Education (the Department), though the organization you deal with, your loan servicer,
can be a private business.
Nationality: American
Type: Loan
Program: MBA
Useful links: www.studentloans.gov • www.fafsa.com
Sallie Mae (Loan / MBA / EMBA / GEMBA / American)
Private U.S. loan with a competitive interest rate.
Nationality: American
Type: Loan
Program: MBA / EMBA / GEMBA
Useful link: www.salliemae.com
FINANCIAL AID OFFICE
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GI Bill (Scholarship / MBA / EMBA / GEMBA / American)
It allows IESE, as a participating school, to target qualified veterans for the Full-Time and Executive
MBA programs.
Nationality: American
Type: Scholarship
Program: MBA / EMBA / GEMBA
Useful link: www.gibill.va.gov
MEXICO
Banco de México (Loan / MBA / Ph.D. / Mexican)
The Mexican National Bank (Banco de México) provides special loans for Mexican students who wish
to undertake a postgraduate study program.
Nationality: Mexican
Type: Loan
Program: MBA / Ph.D.
Useful link: www.fiderh.org.mx
Funed (Scholarship / MBA / Mexican)
Funed offers scholarships to Mexican students so that they can cover up to 40% of their postgraduate
studies.
Nationality: Mexican
Type: Scholarship
Program: MBA
Useful links: www.fundacion.uned.es • www.becas.estudia.com.mx/becas+funed+mexicanos.htm
Conacyt (Scholarship / MBA / Ph.D. / Mexican)
The program allows Mexicans to enroll in high-level postgraduate studies at institutions with academic
excellence in Mexico and in foreign countries.
Nationality: Mexican
Type: Scholarship
Program: MBA / Ph.D.
Useful link: www.conacyt.mx/becas/Paginas/default.aspx
FINANCIAL AID OFFICE
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BRAZIL
Instituto Ling (Scholarship / MBA / Brazilian)
A nonprofit organization whose mission is to train talented Brazilian youths so they can contribute to the
country’s development. Brazilian citizenship is required.
Nationality: Brazilian
Type: Scholarship
Program: MBA
Useful link: www.institutoling.org.br
Fundação Estudar (Scholarship / MBA / Brazilian)
A nonprofit organization that supports future leaders’ formation by offering scholarships to excellent
students. Every year, from January to March, students at the best universities in Brazil and abroad can
apply.
Nationality: Brazilian
Type: Scholarship
Program: MBA
Useful link: www.estudar.org.br
COLOMBIA
Colfuturo (Scholarship / Loan / MBA / Colombian)
Private foundation that awards grants and loans to postgraduate students taking courses abroad.
Nationality: Colombian
Type: Scholarship/ Loan
Program: MBA
Useful link: www.colfuturo.org
FINANCIAL AID OFFICE
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CHILE
CORFO (Agencia de Desarrollo Económico de Chile) (Loan / MBA / Chilean)
This is a public foundation that makes loans on easy terms to Chilean students.
Nationality: Chilean
Type: Loan
Program: MBA
Useful Link: www.corfo.cl
EUROPE
AUSTRIA
Bank Austria Creditanstalt (Loan / MBA / Austrian)
IESE Business School is a recognized institution for the Postgraduate Loan Scheme offered to Austrian
students by Creditanstalt.
Nationality: Austrian
Type: Loan
Program: MBA
Useful links: www.bankaustria.at • www.grants.at
Wikrtschaftskammer Österreich (Scholarship / MBA / Austrian)
The Austrian Chamber of Commerce (Wirtschaftskammer Österreich) awards grants to Austrian students.
Nationality: Austrian
Type: Scholarship
Program: MBA
Useful link: www.grantsinternational.info
Bundesministerium für Bildung (Scholarship / MBA / Austrian)
These are scholarships based on the field of study and length. They are not limited by age, gender or
academic field of study, country or university. However, awards will generally favor those whose major
contribution to their field and to the community lies ahead of them.
FINANCIAL AID OFFICE
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Nationality: Austrian
Type: Scholarship
Program: MBA
Useful link: www.bmbf.de
Career Concept AG (Loan / MBA / EMBA / Austrian)
Career Concept AG manages education funds that support MBA participants from Germany,
Switzerland and Austria to finance tuition fees and the cost of living.
Nationality: Austrian
Type: Loan
Program: MBA
Useful link: www.bildungsfonds.de
BELGIUM
Ministère de la Communauté Française de Belgique (Scholarship / MBA / Ph.D. / Belgian)
Nationality: Belgian
Type: Scholarship
Program: MBA / Ph.D.
Useful link: www.cfwb.be
Ministerie van de Vlaamse Gemeenschap (Scholarship /MBA / Ph.D. / Belgian)
Nationality: Belgian
Type: Scholarship
Program: MBA /Ph.D.
Useful link: www.ond.vlaanderen.be
FINANCIAL AID OFFICE
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DENMARK
Foreningen til Unge Handelsmænds Uddannelse (FUHU) (Scholarships / MBA / Danish)
Information regarding scholarships and financial aid can be found in the guide compiled by FUHU.
Nationality: Danish
Type: Scholarship
Program: MBA
Useful link: www.fuhu.dk
FINLAND
Suomen Kulttuurirahasto (Scholarship / MBA / Finnish)
The Finnish Cultural Foundation awards grants to individuals, working groups and organizations in the
arts, science and various fields of cultural life through its Central Fund and 17 regional funds.
Nationality: Finnish
Type: Scholarship
Program: MBA
Useful link: www.skr.fi/apurahat
Jenny ja Antti Wihurin Rahasto (Scholarship / MBA / Finnish)
Nationality: Finnish
Type: Scholarship
Program: MBA
Useful link: www.wihurinrahasto.fi
Kaute-Kaupaallisten ja Teknillisten Tieteiden Tukisäätiö (Scholarship / MBA / Finnish)
Nationality: Finnish
Type: Scholarship
Program: MBA
• Contact: Matti Kaario or Pirkko Karlsson, Tel.: 358 9 15901, Email: [email protected]
FINANCIAL AID OFFICE
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FRANCE
(Loan / MBA / French)
Students residing in the Rhône-Alpes, Drôme and Haute-Savoie regions can obtain loans from their
respective Conseils Généraux.
Nationality: French
Type: Loan
Program: MBA
Useful links: www.rhonealpes.fr (Rhône-Alpes) • www.ladrome.fr (Drôme) • www.cg74.fr (Haute-Savoie)
FONGECIF (Fonds de Gestion du Congé Individuel de Formation) (Scholarship / MBA / France)
Residents of France of any other nationality who meet certain work and other requirements in the
country may apply to fund between 80% and 90% of the tuition fees and part of the present salaries.
Nationality: France
Type: Scholarship
Program: MBA
Useful link: www.fongecif-idf.fr
GERMANY
Deutscher Akademischer Austauschdienst Dienst (DAAD) (Scholarship / MBA / EMBA /German)
The German Academic Exchange Service promotes international relations between universities and
other higher education institutions and provides information on possible sources of funding.
The DAAD scholarship’s official policy is that funds are for those who graduated from university less than
three years ago. However, they make exceptions. You will need to write an additional essay on why you are
considering an MBA after having graduated x years ago. The scholarship consists of a fixed amount along
with monthly payments and an accident and civil liability insurance policy for the duration of the program.
Application deadline: August 31 .
Nationality: German
Type: Scholarship
Program: MBA / EMBA
Useful link: www.daad.de
FINANCIAL AID OFFICE
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Stipendien Lotse
Database from the Ministry of Education that includes information from different institutions and grants.
Useful link: www.stipendienlotse.de
Stipendium Plus
Support for especially gifted students and doctoral students through the eleven organizations for the
promotion of young talent (Begabtenförderungswerke), which are funded by the Federal Ministry of
Education and Research to reflect the plurality of society:
Cusanuswerk / Ernst Ludwig Ehrlich Studienwerk / Evangelisches Studienwerk / Friedrich Ebert
Stiftung / Friedrich Naumann Stiftung / Han Seidel Stiftung / Hans Böckler Stiftung / Heinrich Böll
Stiftung / Konrad Adenauer Stiftung / Rosa Luxemburg Stiftung / Stiftung der Deutschen Wirtschaft /
Studienstiftung des Deutschen Volks.
All these foundations have the following applicant requirements:
• Excellent results and social commitment.
• Scholarship holders have to keep demonstrating their academic progress.
• Scholarship depends on parents’ incomes. Some money is also given every month to buy books.
• Students will be able to attend different seminars.
• Scholarships are for two years and can be extended for up to four years.
Useful link: www.stipendiumplus.de
Stipendiemprogramm der Haniel Stiftung
Haniel Foundation offers grants to students who have a particular interest in economics.
Students who wish to apply, must send a personal letter in which they state their motivation. They will
be called for an interview. Application deadline: November 15.
Useful link: www.haniel.de/public/de/foundation
Rotary Club (scholarship, MBA, German)
Rotary Foundation Ambassadorial Scholarships award grants to students who wish to study abroad.
Applications need to be submitted to the Rotary Club in the city of residence.
Up to $23,000 is awarded per academic year.
Useful link: www.rotary.org
FINANCIAL AID OFFICE
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E-Fellows
Online foundation that cooperates with some universities. They make things easier for students who
wish to study abroad (databases, discounts, etc.).
Useful link: www.efellows.net
Bundesgesetz über Individuelle Forderung der Ausbildung (BafoG) (Loan / MBA / German)
Loans are also offered to the most suitable candidates through the Bundesgesetz über
Individuelle Forderung der Ausbildung (BafoG).
Nationality: German
Type: Loan
Program: MBA
Useful link: www.bva.bund.de/aufgaben/bafoeg/
Carl Duisberg Gesellschaft
Association that makes things easier for people who need to spend some time abroad for any
professional reason.
Useful link: www.cdg.de
Die Studienstiftung des Deutschen Volkes (German National Academic Foundation) (Scholarship / MBA / EMBA / German)
Nationality: German
Type: Scholarship
Program: MBA / EMBA
Useful link: www.studienstiftung.de
Career Concept AG (Loan / MBA / EMBA / German)
Career Concept AG manages education funds that support MBA participants from Germany,
Switzerland and Austria to finance tuition fees and the cost of living.
Nationality: German
Type: Loan
Program: MBA / EMBA
Useful link: www.bildungsfonds.de
FINANCIAL AID OFFICE
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GREECE
IKY (State Scholarships Foundation) (Scholarship / MBA / Ph.D. / Greek)
The State Scholarships Foundation (I.K.Y.) grants scholarships for postgraduate or postdoctoral studies
outside Greece.
Nationality: Greek
Type: Scholarship
Program: MBA / Ph.D.
Useful link: www.iky.gr
ICELAND
Icelandic Government Study Loan Fund (Loan / MBA / Icelandic)
Nationality: Icelandic
Type: Loan
Program: MBA
Useful link: www.lin.is/lin/UmLIN/english.html
ITALY
Cooperativa Universitaria Studio e Lavoro (CUSL)
Publishes a bulletin containing information on grants.
Useful link: www.cusl.it
Ministero degli Affari Esteri (Scholarship / MBA / Italian)
Scholarships for foreigners and Italians living abroad.
Nationality: Italian
Type: Scholarship
Program: MBA
Useful link: www.esteri.it
FINANCIAL AID OFFICE
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Regione Autonoma della Sardegna (Scholarship / MBA / Italian)
Natives of Sardinia can obtain these grants.
Nationality: Italian
Type: Scholarship
Program: MBA
Useful link: www.regione.sardegna.it
Fondazione Luigi Einaudi (Scholarship / MBA / Italian)
This foundation has awarded over 600 study grants for postgraduate programs in Italy and abroad.
Nationality: Italian
Type: Scholarship
Program: MBA
Useful Link: www.fondazioneeinaudi.it
NETHERLANDS
Holland
Procter & Gamble (Scholarship / MBA / Dutch)
P&G offers various scholarships annually. The deadline to submit the application is March 1.
Nationality: Dutch
Type: Scholarship
Program: MBA
Useful link: www.pg.com
FINANCIAL AID OFFICE
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NORWAY
The International Scholarship Section (IS) (Scholarship / MBA / Norwegian)
The International Scholarship Section (IS) manages the student exchanges that are carried
out within the framework of bilateral cultural agreements and other international programs.
Deadline for the submission of applications: December 15 of the year before the program begins.
Nationality: Norwegian
Type: Scholarship
Program: MBA
Useful link: www.forskningsradet.no
Statens Lanekasse for Utdanning (Loans / Scholarships / MBA / Norwegian)
This is a government fund that provides loans and scholarships for study abroad. The grants cover
tuition fees up to a maximum of NOK 46,400 for each academic year. An extraordinary grant of up to
NOK 49,000 per year is available.
Nationality: Norwegian
Type: Loan / Scholarship
Program: MBA
Useful link: www.lanekassen.no
Blommeseter, Norderhov (Scholarship / MBA / Norwegian)
Nationality: Norwegian
Type: Scholarship
Program: MBA
Useful link: www.jansonslegat.no
ANSA (Association of Norwegian Students Abroad)
There are a host of grants and other forms of financial support provided by various institutions,
organizations and individuals that are available to Norwegian students. All of them can be found in the
following 540-page book, on sale at Norwegian bookshops: Cicerone Forlag AS, Legathandboken.
FINANCIAL AID OFFICE
18 IESE BUSINESS SCHOOL
The guide is updated each year and is published by:
Market Information Services AS
Kjorbokollen 1
N-1300 Sandvika
Tel.: +47 (67) 564630
Useful link: www.ansa.no
RUSSIA
AVESA (Loan / MBA / Russian)
CJSC AVESA is a partner of the Russian state company the Agency for Housing Mortgage Lending
(AHML). Together with the AHML, in 2011, AVESA launched an educational loan program for
the purposes of education in Russia and abroad. With these loans, students can finance their tuition
and housing.
Nationality: Russian
Type: Loan
Program: MBA
Useful link: www.avesa.ru
SPAIN
Fundación Rafael del Pino (Scholarship / MBA / Ph.D. / Spanish)
The Rafael del Pino Foundation offers scholarships to Spanish students pursuing graduate degrees in
business in Spain (Advanced Management and Strategic Management and Social Leadership Programs
mainly).
Nationality: Spanish
Type: Scholarship
Program: MBA / Ph.D.
Useful link: www.frdelpino.es
Programa Lidera (Scholarship / EMBA / PDD / PDG /Madrid)
Awards scholarships to women who have been residents or registered in Madrid for at least 6 months
before the scholarship is announced.
FINANCIAL AID OFFICE
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Nationality: Madrid
Type: Scholarship
Program: EMBA / PDD / PDG
Useful link: www.madrid.org
Catalan Postgraduate Lending Program (AGAUR-Private Banks Agreement) (Loan / MBA / EMBA / GEMBA / Tax Residence in Catalonia)
The AGAUR agency is a Catalan Government initiative. It grants low-interest loans to students wishing
to carry out postgraduate studies. A university degree is required.
Nationality: Tax Residence in Catalonia
Type: Loan
Program: MBA / EMBA / GEMBA
Useful link: www.gencat.cat/agaur
Fundación ICO (Scholarship / MBA / EMBA / GEMBA / Ph.D./ Spanish)
Offers scholarships for candidates attending postgraduate programs at any top international business
school. The candidate must be Spanish citizen or have been a Spanish resident during the four years
before applying for the scholarship. The candidate must also intend to carry out his/her career after the
program in Spain.
Nationality: Spanish
Type: Scholarship
Program: MBA / EMBA / GEMBA / Ph.D.
Useful link: www.ico.es
Eduarda Justo Foundation (Scholarship / MBA / Spanish)
The Eduarda Justo Foundation aims to develop the socio-economic environment of Spain and
especially Almeria Province. The foundation awards 2 to 3 scholarships per year to outstanding young
Spanish professionals to study an MBA. Being from Almeria is a plus. The scholarship covers the full
tuition fee plus living expenses.
Nationality: Spanish
Type: Scholarship
Program: MBA
Useful link: www.fundacioneduardajusto.es
FINANCIAL AID OFFICE
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Fundación la Caixa (Scholarship / MBA / Spanish)
Fundación La Caixa awards full-tuition scholarships plus living expenses to Spanish students
who apply for Master’s programs within Spain. The student’s regular residence cannot be in Catalonia
since it is a “mobility scholarship.”
Nationality: Spanish
Type: Scholarship
Program: MBA
Useful link: www.obrasocial.lacaixa.es
Ministerio de Educación (Scholarship / MBA / Ph.D./ Spanish)
They Ministerio de Educación has many interesting scholarship programs, grants, financial aid options,
subsidies and awards that can help Spanish students finance their studies.
Nationality: Spanish
Type: Scholarship
Program: MBA / Ph.D.
Useful link: www.educacion.gob.es
SWITZERLAND
Career Concept AG (Loan / MBA / EMBA / Swiss)
Career Concept AG manages education funds that support MBA participants from Germany, Switzerland
and Austria to finance tuition fees and the cost of living.
Nationality: Swiss
Type: Loan
Program: MBA
Useful link: www.bildungsfonds.de
FINANCIAL AID OFFICE
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SWEDEN
Hans Werthen-Stipendier inom technik-industri-ekonomi (Scholarship / MBA / Swedish)
The Royal Swedish Academy of Engineering Sciences established these grants in 1990: between two and
four grants are awarded each year. MBA students receive between SEK 100,000 and 250,000. Applicants
must be between 25 and 35 and be working or have some academic or professional links to technological
or corporate fields. Applications should be presented between August 15 and November 15. The grant
awards are made in mid-February (meaning that students have no idea whether they will receive a grant
when they begin the program).
Nationality: Swedish
Type: Scholarship
Program: MBA
Useful link: www.iva.se
The Swedish Institute (Scholarship / MBA / Swedish)
SI administers a number of scholarship programs. These give students and researchers at Swedish
universities and colleges the chance to pursue their objectives in other countries
Nationality: Swedish
Type: Scholarship
Program: MBA
Useful link: www.si.se
CSN Foreigners’ Department (Centrala Studiestöds Namnden)
CSN offers study assistance to Swedish citizens who wish to study abroad.
Useful link: www.csn.se
Further sources of information:
Kulturfonder Sverige de Lehsmann Odelberg, published by Norstedts Förlag. Available in most
bookshops and libraries.
FINANCIAL AID OFFICE
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UNITED KINGDOM
Sainsbury Management Fellowship (Scholarship / MBA / British)
The Royal Academy of Engineering awards British engineers pursuing graduate degrees a scholarship
covering 100% of tuition fees.
Nationality: British
Type: Scholarship
Program: MBA
Useful link: www.smf.org.uk
ASIA
INDIA
You can find information on possible financial assistance on the following website:
www.infozee.com/application-issues/financial-aid.htm
J.N. Tata Endowment:
Low-interest loans of Rs. 50,000 to Rs. 2 lakhs, and grants of Rs. 25,000 to Rs. 50,000, for several
disciplines. Completed application forms must be received by February 25 of the year of the award.
For more details and application forms, write to:
The Director,
J.N. Tata Endowment,
Bombay House,
24 Homi ModyStreet,
Mumbai-400001
K.C. Mahindra Education Trust:
Up to Rs. 65,000, for postgraduate studies in various disciplines. Forms must be requested before
February 28 of the year of award and completed forms must be received by March 31 of the year of award.
FINANCIAL AID OFFICE
23IESE BUSINESS SCHOOL
For more details and application forms, write to:
The Managing Trustee,
K.C. Mahindra Education Trust,
Cecil Court,
Mahakavi Bhushan Marg,
Mumbai-400039
Mariwala Trust:
Up to Rs. 50,000 interest free, for postgraduate studies in several disciplines. Application forms must
be requested before March 1 of the year of award and completed forms must be received by April 30 of
the year of award.
For more details and application forms, write to:
The Managing Trustee,
Mariwala Charity Trust,
409 Shah and Nahar Industrial Estate,
Dr. E. Moses Road, Worli Naka,
Mumbai-400018
Tel.: (022) 4938307 Fax: (022) 4974704
R.D. Sethna Scholarship Fund:
An amount of Rs. 20,000 to Rs. 50,000 at 2 percent annual interest for undergraduate and
postgraduate studies in science, technology, commerce and education. Completed application forms
must be received by May 31 of the year of award.
For more details and application forms, write to:
The Chief Executive
R.D. Sethna Scholarship Fund,
Esplanade House,
29 Hazarimal Somani Marg, Fort,
Mumbai-400001
Sahu Jain Trust:
The trust offers loan scholarships for higher studies in India as well as abroad.
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24 IESE BUSINESS SCHOOL
For more details, write to:
The Secretary
Sahu Jain Trust,
4th Floor, Times House 7,
Bahadur Shah Zafar Marg,
New Delhi -110002
Inlaks Scholarships:
This fellowship is available for several disciplines. Applicants must be graduates and between 19 and
30 years old. Completed application forms must be received by August 30 for the following year.
For more details and application forms, send a self-addressed envelope to:
Inlaks Foundation,
PO Box 2108,
Delhi-110007
Credila Financial Services (Loan / MBA / Indian)
Credila Financial Services is a specialized Education Loan Lender in India.
Nationality: Indian
Type: Loan
Program: MBA
Useful link: www.credila.com
Credila Indian Student Loan program through GEMS (Loan / MBA /Indian)
This loan is available to Indian citizens studying throughout Europe who can provide an Indian citizen
to co-borrow on the loan. The loan can cover direct educational expenses and living costs during the
student’s studies.
Nationality: Indian
Type: Loan
Program: MBA
Useful link: www.myglobaled.com
FINANCIAL AID OFFICE
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JAPAN
JASSO (Japan Student Services Organization) (Loan / Scholarship / MBA / Japanese)
Their website provides a list of grants available to Japanese natives wishing to study abroad.
The scholarship loan system provides loans to students who are academically outstanding but
have difficulty pursuing their studies due to economic reasons.
Nationality: Japanese
Type: Loan / Scholarship
Program: MBA
Useful link: www.jasso.go.jp
SINGAPORE
Tan Kah Kee Foundation Postgraduate Scholarship (Scholarship / MBA / Ph.D. / Singaporean)
Offers grants to Singapore citizens who wish to pursue postgraduate studies. This grant is awarded
halfway through the year and the maximum amount available is 10,000 Singapore dollars.
Nationality: Singaporean
Type: Scholarship
Program: MBA / Ph.D.
Useful link: www.tkk.wspc.com.sg
ARAB COUNTRIES
Mohammed Bin Rashid Fellows Scholarship Program (Scholarship / MBA / Arab)
IESE Business School and the Mohammed bin Rashid Foundation have established a scholarship
agreement that will provide from 2 to 5 scholarships per year. These scholarships will cover all financial
costs related to tuition, books, accommodation, stipend and travel for the full duration of the program.
Eligible students must be nationals of an Arab country and have an admittance letter from IESE.
Nationality: Arab
Type: Scholarship
Program: MBA
Useful link: www.mbrfoundation.ae
FINANCIAL AID OFFICE
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Kuwait Investment Authority (Scholarship / MBA / Kuwaiti)
KIA offers ten academic scholarships per year to Kuwaiti nationals seeking to obtain their MBA degree
from a top-ranked university in the world with high academic standards. The Cultural Division at Kuwait
Embassies supervises students during their course of study.
Nationality: Kuwaiti
Type: Scholarship
Program: MBA
Useful link: www.kia.gov.kw
Kuwait Chamber of Commerce & Industry (Scholarship / MBA / Kuwaiti)
Kuwait Chamber of Commerce & Industry offers scholarships to Kuwaiti nationals with a Bachelor’s
Degree who want to study an MBA. No more than five years must have passed after their graduation.
Students who apply should not have another scholarship and should have a full leave for study from work.
Nationality: Kuwait
Type: Scholarship
Program: MBA
Useful link: www.kuwaitchamber.org.kw
AUSTRALIA
The Macquarie Bank Graduate Management Scholarship (Scholarship / MBA / Australian / New Zealand)
The Macquarie Bank Graduate Management Foundation was established to foster advanced
management training for Australian and New Zealand citizens. This foundation awards grants to MBA
students or equivalent.
Nationality: New Zealand
Type: Scholarship
Program: MBA
Useful link: www.macquarie.com.au
The General Sir John Môn ash Awards (Scholarship / MBA / Ph.D. / Australian)
This foundation grants awards to outstanding Australian citizens who have graduated from an Australian
university. The awards are to assist them when undertaking postgraduate studies in any field listed in
an overseas institution.
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Nationality: Australian
Type: Scholarship
Program: MBA / Ph.D.
Useful link: www.monashawards.org
OTHER SCHOLARSHIPS
Nationality makes no difference.
Richard Metzler and Roland Berger Scholarships through the Association of Management Consulting Firms (MBA)
The Foundation for Excellence in Management Consulting, an affiliate of the Association of
Management Consulting Firms (AMCF), offers a scholarship to MBA students. The organization
selects recipients who demonstrate the skills, motivation and character that the Foundation and AMCF
associate with consulting and to support the recipients’ commitment to the profession.
Type: Scholarship
Program: MBA
Useful link: www.amcf.org
World Bank Scholarships (MBA)
The Program awards scholarships to individuals from World Bank member countries to undertake
graduate studies at renowned universities throughout member countries of the Bank.
Type: Scholarship
Program: MBA
Useful link: www.worldbank.org/wbi/scholarships
Inter-American Development Bank Scholarships (MBA)
The Inter-American Development Bank offers scholarships to students from borrowing member
countries that wish to pursue graduate studies in development-related fields, including business.
Type: Scholarship
Program: MBA
Useful link: www.iadb.org
FINANCIAL AID OFFICE
28 IESE BUSINESS SCHOOL
Aga Khan Foundation (MBA / Ph.D.)
The Aga Khan Foundation provides a limited number of scholarships each year for postgraduate studies
to outstanding students from developing countries who have no other means of financing their studies.
Scholarships are awarded on a 50% grant / 50% loan basis through a competitive application process
once a year in June or July.
Type: Scholarship
Program: MBA / Ph.D.
Useful link: www.akdn.org/AKF
Peter and Alice von Loesecke Scholarship Foundation (MBA)
The Peter and Alice von Loesecke Scholarship Foundation awards scholarships to candidates who
desire to return to their home country immediately after graduation. The foundation will carefully
consider nominees for the award who want to build a business or continue operating a family business
in their country of citizenship.
Type: Scholarship
Program: MBA / Ph.D.
Useful link: www.thembatour.com/common/scholarship.shtml
MAE Scholarships (Scholarship / MBA / Non-Spanish)
The Spanish Ministry of Foreign Affairs (Ministerio de Asuntos Exteriores), in conjunction with the
Spanish Agency for International Cooperation (Agencia Española de Cooperación Internacional, or
AECI), grants scholarships in accordance with cultural exchange agreements with several countries.
Preference is given to students from nations designated as priority countries by the Plan Director de la
Cooperación Española 2001-2002.
Nationality: Non - Spanish
Type: Scholarship
Program: MBA
Useful link: www.becasmae.com
Fundación ONCE (Scholarship / EMBA / PDD / PADE / PDG)
IESE and the ONCE Foundation offer an annual scholarship that covers 65% of the tuition fees for
physically disabled individuals who would like to participate in the Executive MBA program. These
scholarships highlight IESE’s aim of supporting the integration of people with physical disabilities in
high-level education and the business world.
FINANCIAL AID OFFICE
29IESE BUSINESS SCHOOL
To qualify for these scholarships, applicants must be legally recognized as having a 33% disability. A
copy of the candidate’s official Certificate of Disability is required. A committee that includes members
of the ONCE Foundation and IESE’s EMBA program will select the scholarship recipient.
Useful link: www.fundaciononce.es
Banco Sabadell Excellence Scholarships (Scholarship / MBA / EMBA)
Banco Sabadell will award merit-based scholarships to students who are financing their MBA or EMBA
through the Global Loan. The selection criteria will be the first year’s academic performance combined
with the MBA Director’s recommendation. The awarded student will be notified by the end of his/her
first academic year. This scholarship consists of a partial cancellation of the loan.
Camino del Cerro del Águila, 3
(Ctra. de Castilla, km 5,180)
28023 Madrid, Spain
Tel.: +34 91 211 30 00
Av. Pearson, 21
08034 Barcelona, Spain
Tel.: +34 93 253 42 00
165 W. 57th Street
New York, NY 10019-2201 USA
Tel.: +1 646 346 8850