Fees and funding
Invest in yourself
Choosing to pursue a Master's programme is an important decision and a substantial investment in yourself. Fees for our MSc programmes are the same for both UK and international students.
Many of our students fund their studies through multiple funding sources. We offer a wide range of awards, including a number of scholarships to the most talented applicants. We’ve also provided information about the different financing options available to you.
MSc Innovation, Entrepreneurship & Management 2025 fees
Tuition Fee
Deposit
Paying your fees
Full information on how to pay your fees will be communicated after you have accepted your offer. To secure your place, a deposit of 10% of the tuition fee is required. This is part of the full tuition fee and not an additional cost.
Fees do not cover accommodation and expenses, costs incurred as part of optional internships or exchanges, supplementary texts and study materials, Careers Club membership (£10 per club for the year).
Making your payment
You can pay your tuition fees in one instalment in August or, if you are self-funding, in two instalments in August and February, as set in regulated credit agreements.
Receiving your invoice
You will receive an email invoice from the Tuition Fees team within five days of accepting your offer and will need to pay the deposit within 30 days of receiving this invoice. Failure to pay this in time may result in your offer being withdrawn.
The fees for both UK and international students are the same.
1 Deposit: The non-refundable confirmation deposit counts towards the cost of the programme.
Master's scholarships and bursaries
Imperial College Business School is pleased to offer significant scholarship funding to our most talented applicants. A range of scholarships are available, including several dedicated schemes for specific programmes, and it is recommended that you apply early to give yourself the best chance of receiving an award.
We have two submission deadlines to apply for scholarships for our 2025 Master’s intake of students. To be considered for a scholarship you should submit your application by one of the deadlines; scholarships will be awarded from the first deadline onwards. We will review your suitability for an award alongside the other applications we receive within that round.
Please note that some of our scholarships require the additional submission of a video interview; admitted students will receive further information on how to submit a video interview in their offer email. Please also be aware that scholarships may not be awarded following every round (e.g. if scholarships in a particular category have all been awarded or there is an insufficient number of eligible candidates in a given round).
Amount
Up to £20,000
Summary
We are committed to fostering a diverse and inclusive academic environment that reflects the global nature of our institution. To further support this mission, we are pleased to offer scholarships to outstanding African students who demonstrate the potential to make significant contributions to the Imperial community. These scholarships aim to empower talented individuals from across Africa, enabling them to bring their unique perspectives, experiences, and ambitions to our vibrant and international student body.
Eligibility
To be considered for this scholarship, applicants need to be residents in one of the 54 African countries (as defined by the United Nations). Applicants will demonstrate an outstanding track record of leadership and/or leadership potential (this may include during studies, work experience/internships and/or within the community).
The strength of the application, interview, and professional experience to date will also be considered.
How to apply
Candidates who submit their application for an MSc programme in admission rounds one or two and receive an offer will automatically be considered for this scholarship.
Successful candidates will be notified by Thursday 28 November (round one) and Thursday 13 March (round two).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
Up to £20,000
Summary
Imperial College Business School is committed to fostering a diverse and inclusive environment, and we are proud to welcome students from across the globe. We recognise that students from Black or mixed Black backgrounds are currently underrepresented in our programmes, and we are actively working to change this. As part of our commitment to diversity, we are offering scholarships to talented individuals from Black or mixed Black backgrounds, from any region. We are seeking applicants who can demonstrate strong leadership potential and a passion for making a positive impact within the Imperial community and beyond.
Eligibility
To be considered for this scholarship, applicants will demonstrate an outstanding track record of leadership and/or leadership potential (this may include during studies, work experience/internships and/or within the community). Self-identification of ethnicity from a Black or mixed background (including Black African or Black Caribbean and any other mixed black background) is also a requirement.
The strength of the application, interview, and professional experience to date will also be considered.
How to apply
Candidates who submit their application for an MSc programme in admission rounds one or two and receive an offer can apply for this scholarship.
If you receive an offer, your offer email will include details about the required video assessment.
Successful scholarship recipients will be notified the week commencing Monday 16 December (round one) and week commencing Monday 31 March (round two).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
Up to £10,000
Summary
The Bright Network Scholarship is designed to empower ambitious and high-achieving students who are driven to excel in their future careers through postgraduate education. Reflecting the Bright Network’s mission of "connecting the next generation with the opportunities, insights, and guidance needed to thrive in the workforce of tomorrow," this scholarship is designed to support early career professionals pursuing a Master’s degree.
Eligibility
To be considered for this scholarship, applicants need to be members of the Bright Network.
The strength of the application, interview, and professional experience to date will also be considered.
How to apply
Candidates who submit their application for an MSc programme in admission rounds one or two and receive an offer will automatically be considered for this scholarship.
Successful candidates will be notified by Thursday 28 November (round one) and Thursday 13 March (round two).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
£25,000
Summary
At Imperial College Business School, our vision is to drive business success and societal progress through the power of innovative thinking. In line with this mission, we are proud to offer the Dean's Impact Scholarship, which recognises candidates who have not only excelled academically but have also made a significant, demonstrable impact in one or more of the following key areas:
- Entrepreneurship
- Technology and Innovation
- Sustainability
- Social Impact
- Leadership
This scholarship is designed to empower those who are actively shaping the future of business and society, equipping them to continue their transformative work on a global scale.
Eligibility
To be considered for this prestigious scholarship, applicants must provide clear evidence of the tangible impact they have made in one of these areas. Whether through pioneering entrepreneurial ventures, driving technological advancements, championing sustainability initiatives, making meaningful social contributions, or exhibiting exceptional leadership, candidates should demonstrate how their achievements align with the core values of Imperial College Business School.
Successful applicants will have an excellent all-round application and demonstrate strong communication skills alongside impact in their chosen area.
How to apply
Candidates who submit their application for an MSc programme in admission rounds one or two and receive an offer can apply for this scholarship.
If you receive an offer, your offer email will include details about the required video assessment.
Successful scholarship recipients will be notified the week commencing Monday 16 December (round one) and week commencing Monday 31 March (round two).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
Up to £20,000
Summary
Imperial College Business School is dedicated to closing the gender gap in the business world and actively supports the advancement of women across all fields of business. In line with this commitment, we are proud to offer scholarships to exceptional female candidates who exhibit outstanding academic excellence and demonstrate strong potential for leadership in their chosen industry. These scholarships are designed to empower talented women to pursue their ambitions and contribute meaningfully to the future of global business.
Eligibility
To be considered for this scholarship, female applicants will demonstrate an outstanding track record of leadership and/or leadership potential (this may include during studies, work experience/internships and/or within the community).
The strength of the application, interview, and professional experience to date will also be considered.
How to apply
Female candidates who submit their application for an MSc programme in admission rounds one or two and receive an offer can apply for this scholarship.
If you receive an offer, your offer email will include details about the required video assessment.
Successful scholarship recipients will be notified the week commencing Monday 16 December (round one) and week commencing Monday 31 March (round two).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
Up to £25,000
Summary
Imperial College Business School is committed to making world-class education accessible to all talented individuals, regardless of their financial background. To support this vision, we are pleased to offer a bursary for students who can demonstrate both financial need and exceptional all-round excellence in their application and interview performance. This bursary is designed to empower outstanding candidates by alleviating financial barriers and enabling them to fully engage with and contribute to our vibrant academic community.
Eligibility
To be considered for this bursary, applicants must be a self-funded student who demonstrates exceptional academic merit and/or potential, and financial need that shows the inability to otherwise enrol on an MSc programme.
The strength of the application, interview, and professional experience to date will also be considered.
How to apply
Candidates who submit their application for an MSc programme in admission rounds one or two and receive an offer can apply for this bursary.
If you receive an offer, your offer email will include details about the required video assessment.
Successful bursary recipients will be notified the week commencing Monday 16 December (round one) and week commencing Monday 31 March (round two).
Bursaries will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
Up to £15,000
Summary
Imperial Excellence Scholarships are awarded to applicants who demonstrate exceptional all-round excellence throughout their application and interview process. These scholarships recognise candidates who not only showcase strong academic and professional achievements but also embody the qualities, potential, and passion that align with the values of Imperial College Business School. Recipients of these scholarships are selected for their outstanding performance, commitment, and potential to make a meaningful impact within our academic community and beyond.
Eligibility
To be considered for this scholarship, applicants will have a strong all-round application with an excellent academic background, career potential and personal statement.
How to apply
Candidates who submit their application for an MSc programme in admission rounds one or two and receive an offer will automatically be considered for this scholarship.
Successful candidates will be notified by Thursday 28 November (round one) and Thursday 13 March (round two).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
10% off tuition
Summary
We are proud to welcome applications from Imperial College London alumni and offer exclusive bursaries on tuition fees to support their continued academic and professional growth. The bursaries reinforce our commitment to nurturing lifelong connections within the Imperial community and empowering our graduates to achieve their full potential in the business world.
Successful candidates are eligible for a 10% bursary on tuition fees for all MSc programmes at the Business School.
Eligibility
Alumni must have achieved an undergraduate degree from Imperial College London awarded at a minimum of Upper Second Class Honours or a Master’s degree a warded with a minimum of Merit.
How to apply
Imperial College London students or alumni who submit their application for an MSc programme in admission rounds one or two and receive an offer will automatically receive this award.
We cannot guarantee the availability of Imperial Loyalty Bursaries for applications received after the deadline. There are a limited number available, so we advise applying in an earlier round.
Amount
Up to £20,000
Summary
We are committed to fostering a diverse and inclusive academic environment that reflects the global nature of our institution. To further support this mission, we are pleased to offer scholarships specifically for outstanding Latin American students who demonstrate the potential to make significant contributions to the Imperial community. These scholarships aim to empower talented individuals from across Latin America, enabling them to bring their unique perspectives, experiences, and ambitions to our vibrant and international student body.
Eligibility
To be considered for this scholarship, applicants need to be residents in one of the 21 Latin American countries (as defined by the United Nations). Applicants will demonstrate an outstanding track record of leadership and/or leadership potential (this may include during studies, work experience/internships and/or within the community).
The strength of the application, interview, and professional experience to date will also be considered.
How to apply
Candidates who submit their application for an MSc programme in admission rounds one or two and receive an offer will automatically be considered for this scholarship.
Successful candidates will be notified by Thursday 28 November (round one) and Thursday 13 March (round two).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
Up to £15,000
Summary
Imperial College Business School is dedicated to advancing equality and inclusion in business and society. As part of our commitment, we are proud to offer scholarships for students who are members of the LGBTQ+ community. These scholarships aim to support individuals who are passionate about fostering diversity and driving positive change both within the business world and beyond.
Eligibility
To be considered for this scholarship, applicants will demonstrate a strong track record of promoting diversity and inclusion. They will also show a desire to drive initiatives to encourage LGBTQ+ participation in business education and to champion equality within Imperial and beyond.
The strength of the application, interview, and professional experience to date will also be considered.
How to apply
Candidates who submit their application for an MSc programme in admission rounds one or two and receive an offer can apply for this scholarship.
If you receive an offer, your offer email will include details about the required video assessment.
Successful scholarship recipients will be notified the week commencing Monday 16 December (round one) and week commencing Monday 31 March (round two).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Financing your MSc
Many of the students on our Master's programmes fund their studies through multiple funding sources, combining personal resources with education loans and scholarships.
A Professional and Career Development Loan is a government-backed commercial bank loan that UK residents can use to help pay for work-related learning.
Imperial College London is a Professional and Career Development Loans registered Learning Provider, registration number 7477. For more information and to find out which banks offer the loan, see the gov.uk website.
If you are a UK or EU student who meets certain criteria, you can apply for the Postgraduate Master's Loan from the UK government. See the gov.uk website for more information.
Lendwise is a specialist loan provider dedicated to education finance for UK residents who are looking to fund their postgraduate studies at top universities.
For example, Imperial College London offers postgraduate scholarships and The British Council offers scholarships for international students
You can find details of non-Imperial scholarships here.
Prodigy Finance is a loan provider for international postgraduate students at the world’s top business schools. The Prodigy Finance loan is available to full time students. You will be eligible to apply for the Prodigy Finance loan once you have a firm offer from us.
You should consider what personal resources are available to you and evaluate your income, assets and your lifestyle expenses. Personal resources reduce your dependency on loans and other financing options.
Other sources of funding may be found in these publications; The Grants Register (published by Macmillan), Awards for postgraduate study at Commonwealth Universities (Association of Commonwealth Universities) and Study Abroad (UNESCO), as well as on the Imperial College London website.
For UK residents, for further information on financial assistance to support your learning, please visit gov.uk or contact 0800 100 900.
Hear from our scholarship recipients
What Imperial’s LGBTQ+ Scholarship means to me
Edward Lim KingYuan, MSc Business Analytics (online, part-time) student and LGBTQ+ Scholarship recipient, shares his experience of successfully securing the scholarship and his advice for future applicants.
Introducing the FUNED Mexico scholarship
In our latest blog, we explore our agreement with FUNED, a non-for-profit organisation that offers loans and scholarships for Mexican students pursuing a graduate degree abroad.
Achieving the Advisory Board Scholarship: my Full-Time MBA experience
David Driskell, a Full-Time MBA student at Imperial, shares his experience securing the Advisory Board Scholarship, delving into its personal significance and offering practical advice for prospective students.
Next steps
If you are offered an Imperial College Business School scholarship and are subsequently offered a larger award by us, the larger one would supersede the first award and would not be in addition to it. Scholarships awarded by Imperial College Business School are in the form of a reduction of the tuition fee. Therefore, if you receive another scholarship that pays the full tuition fee directly to the College, you cannot also receive a scholarship from the Business School.
Nothing on this website is or shall be deemed to constitute, financial advice or a recommendation or endorsement in respect of any financial product. You should always check the suitability of the product that is of interest to you. If you are in any doubt as to its suitability, we suggest that you seek independent professional advice. Apart from certain circumstances, deposits are not refundable if you fail to take up your place in the programme. You can find out if you qualify for a refund and the process for requesting a refund on the College’s postgraduate deposit information page.