Fees and funding
Invest in yourself
Choosing to pursue an MBA is one of the most important decisions you will make and is a substantial investment in yourself.
Many of our students fund their studies through multiple funding sources. We offer a wide range of awards, including a number of full scholarships to the most talented applicants. We’ve also provided information about the different financing options available to you.
Full-Time MBA 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.
Tuition fees cover the length of the programme, flights and accommodation for your Global Experience Week, and core reading and study materials.
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 MBA tuition fees in one instalment per year when the programme starts or, if you are self-funding, in two instalments 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 Failure to pay this in time may result in your offer being withdrawn.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.
Full-Time MBA scholarships
Imperial College Business School is pleased to offer significant scholarship funding to our most talented applicants. We’re also proud to offer a wide range of awards that support diversity. Self-funded candidates are automatically considered for all scholarship schemes as long as they meet the eligibility criteria, entry requirements, and application deadlines.
Some of our scholarship awards require video submissions, the details of which will be sent to you via email once you have received a formal offer for the programme. For further details on each the awards and corresponding timeframes please select from the following list:
Amount
Full tuition fee
Summary
The Advisory Board Scholarship, generously funded by contributions from our Advisory Board, is designed to support outstanding candidates in pursuing the Full-Time MBA programme. This prestigious scholarship aims to empower exceptional individuals by providing the resources and opportunities needed to take the next step in their leadership journey at Imperial College Business School and in their chosen industry.
Eligibility
To be considered for this scholarship, 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 the Full-Time MBA. Applicants will demonstrate a track record of professional achievement. Applicants will also require a high and well-balanced GMAT/GRE score and professional references.
The strength of the application, interview, and professional experience to date will also be considered.
How to apply
Candidates who submit their application for the Full-Time MBA in admission rounds one to 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 5 May (round two).
Amount
£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 the Full-Time MBA in admission rounds one to four and receive an offer will automatically be considered for this scholarship.
Successful candidates will be notified the week commencing Monday 25 November (round one), week commencing Monday 31 March (round two), week commencing Monday 26 May (round three) and week commencing Monday 30 June (round four).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
50% of the tuition fee
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 the Full-Time MBA in admission rounds one to three 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), week commencing 5 May (round two) and week commencing 16 June (round three).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
£30,000
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 the Full-Time MBA in admission rounds one to three 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), week commencing 5 May (round two) and week commencing 16 June (round three).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
£50,000
Summary
EIBF annually awards MBA scholarships of £50,000 to promising engineers who are looking to take their business skills to the next level. This distinguished fellowship aims to enhance the economic performance of UK businesses by equipping talented engineers with advanced business skills, fostering a new generation of leaders who can drive innovation and growth across industries. Since 1987, more than 400 engineers have been given the opportunity to study for an MBA at the world’s leading business schools. EIBF works in partnership with the Royal Academy of Engineering to deliver this scholarship.
Eligibility
To be considered for this scholarship, applicants will be required to:
- Have a first degree in an engineering or allied technology discipline – preferably a first or upper second class
- Have taken a GMAT exam, with a target score of 650+
- Demonstrate a strong commitment to both UK industry and their respective engineering or science communities
- Be a UK national, currently living in the United Kingdom
- Have between four to ten years professional experience post-degree
- Candidates do not need to have a professional institution qualification such as Chartered Engineer or Chartered Scientist (or equivalent), however this qualification or progress towards it will be viewed favourably
How to apply
Applications should be made via the Royal Academy of Engineering, which administers the scholarship on EIBF’s behalf. Full application details can be found on the Royal Academy of Engineering’s website.
It is not necessary to have secured a place at business school before applying for this scholarship. Successful applicants without a confirmed place at an approved business school will be given a scholarship ‘offer in principle’, which must be taken up within 12 months, otherwise the offer expires.
Amount
Up to 50% of the tuition fee
Summary
Imperial College Business School is a proud to partner with the Forté Foundation, a non-profit organisation dedicated to advancing women's leadership in business through education. We are excited to offer Forté Fellowships to exceptional female candidates joining our Full-Time MBA programme.
In addition to financial support, Forté Fellows gain access to exclusive benefits from the Forté Foundation, including participation in their annual conference, premium lifetime membership, and dedicated networking opportunities. To further support our fellows, we also provide a travel stipend for attending the 2024 Forté Annual Conference, which will be held in Denver, USA, in June 2025.
Eligibility
To be considered for a fellowship, female applicants will demonstrate a track record of leadership in their field as well as a commitment to Forté’s mission of launching women into fulfilling, significant careers through access to business education, opportunities, and a community of successful women. Applicants will also require a high and well-balanced GMAT/GRE score and professional references.
The strength of the application, interview, and professional experience to date will also be considered.
How to apply
Candidates who submit their application for the Full-Time MBA in admission rounds one to 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), week commencing 5 May (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
£20,000
Summary
FUNED is a non-for-profit organisation that offers loans and scholarships for Mexican students pursuing a graduate degree. Imperial College Business School is pleased to have partnered with FUNED, to award up to two scholarships of £20,000 to Mexican nationals funded by FUNED.
Eligibility
To be considered for this scholarship, applicants must be Mexican nationals and hold an offer for the Full-Time MBA programme at Imperial College Business School before applying to FUNED for funding. Please see the eligibility criteria on the FUNED website for more information.
How to apply
Candidates who submit their application for the Full-Time MBA in admission rounds one to two and receive an offer can apply for this scholarship.
Upon receiving an offer, candidates can then apply to FUNED for funding. Candidates should aim to apply for FUNED funding as soon as possible once the FUNED call for applications has been announced.
Funding is approved and confirmed direct to scholars by FUNED.
Please see the FUNED website for more details on the FUNED funding application process.
Amount
Up to £25,000
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 the Full-Time MBA in admission rounds one to four and receive an offer will automatically be considered for this scholarship.
Successful candidates will be notified the week commencing Monday 25 November (round one), week commencing Monday 31 March (round two), week commencing Monday 26 May (round three) and week commencing Monday 30 June (round four).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
20% 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 20% bursary on tuition fees for the Full-Time MBA
Eligibility
All alumni from Imperial College London are eligible for a bursary towards MBA tuition fees.
How to apply
Imperial College London students or alumni who submit their application for the Full-Time MBA in admission rounds one to three 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 recommend applying in an earlier round.
Amount
£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 the Full-Time MBA in admission rounds one to four and receive an offer will automatically be considered for this scholarship.
Successful candidates will be notified the week commencing Monday 25 November (round one), week commencing Monday 31 March (round two), week commencing Monday 26 May (round three) and week commencing Monday 30 June (round four).
Scholarships will be awarded throughout the admissions cycle but only a limited number are available, so we recommend applying in an earlier round.
Amount
£20,000
Summary
Imperial College Business School is proud to partner with Reaching Out MBA (ROMBA), a non-profit organisation dedicated to empowering and connecting the LGBTQ+ MBA community to drive meaningful change in the workplace and cultivate the next generation of ‘out’ leaders. By joining ROMBA, we align with over 50 top global business schools and more than 90 corporate partners committed to advancing equality in business education, the workplace, and society.
As a ROMBA Fellow, you’ll receive financial support along with access to unique opportunities, including a fellowship leadership retreat, complimentary registration for ROMBA events, and exclusive networking and professional development resources. Additionally, we provide a travel stipend to attend the fellowship leadership retreat North America in July 2025.
Recipients of this award will also take on a leadership role within the LGBTQ+ Careers Club and represent the School as part of the Student Ambassador Scheme. In this capacity, you’ll actively promote LGBTQ+ participation in MBA education and advocate for equality within the Imperial community and beyond.
Eligibility
To be considered for a fellowship, applicants will demonstrate a track record of leadership in the LGBTQ+ community as well as a commitment to ROMBA’s mission to lead the way to equality in business education, in the workplace and throughout society. Applicants will also require professional references.
The strength of the application, interview, and professional experience to date will also be considered.
How to apply
Candidates who submit their application for the Full-Time MBA in admission rounds one to 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 5 May.
Amount
£50,000
Summary
EIBF awards MBA scholarships of £50,000 to promising scientists who are looking to take their business skills to the next level.
Building on almost 40 years’ experience working with engineers, EIBF has now launched this exciting scholarship specifically for scientists. It aims to further aid the economic prosperity of the UK to help build on its leading reputation in scientific research.
EIBF works in partnership with the National Physical Laboratory to provide the scholarships for scientists.
Eligibility
To be considered for this scholarship, applicants will be required to:
- Have a first degree in a science discipline – preferably a first or upper second class
- Have taken a GMAT exam, with a target score of 650+
- Demonstrate strong business leadership qualities and show a strong commitment to the economic development of the UK
- Be a UK national, currently living in the United Kingdom
- Have between four to ten years professional experience post-degree
How to apply
Applications should be made via the Royal Academy of Engineering, which administers the scholarship on EIBF’s behalf. Full application details can be found on the National Physical Laboratory’s website.
It is not necessary to have secured a place at business school before applying for this scholarship. Successful applicants without a confirmed place at an approved business school will be given a scholarship ‘offer in principle’, which must be taken up within 12 months, otherwise the offer expires.
Amount
£20,000
Summary
The Sir Andrew Witty Scholarship for Leaders in Healthcare at Imperial College Business School is designed to support the next generation of visionary leaders in the healthcare sector. This scholarship is available to outstanding candidates applying to our Full-Time MBA who demonstrate exceptional leadership potential, a strong commitment to improving global healthcare, and a track record of academic excellence.
Named in honour of Sir Andrew Witty, a distinguished leader in global health and business and past Chair of the Business School Advisory Board, this scholarship aims to empower individuals who aspire to make a significant impact in the healthcare industry.
Eligibility
To be considered for this scholarship, applicants will demonstrate a track record of leadership in the healthcare sector through internships and/or work experience, as well as a commitment to advancing global healthcare through innovative and ethical solutions.
The strength of the application, interview performance, and professional experience within healthcare will also be considered.
How to apply
Candidates who submit their application for the Full-Time MBA in admission rounds one to 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), week commencing 5 May (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 MBA
Many of our students fund their studies through multiple funding sources, combining personal resources with education loans and scholarships. We have listed some of the options for you below.
Funding options
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.
The US Federal Loans Scheme allows various different types of loans to assist students with the cost of their studies.
Lendwise is a specialist loan provider dedicated to education finance for UK residents who are looking to fund their postgraduate studies at top universities.
Individual banks, building societies and other lenders offer study loans.
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.
Some of our students are either wholly or partly sponsored by their employers. To gain the support of your employer to sponsor your MBA studies, it’s important to build a strong business case that demonstrates how the programme can help you and your organisation.
You need to persuade your employer that funding your education would be a good business investment.
Top tips:
- Clarify your career goals Identify your company policy
- Speak to colleagues who have been sponsored
- Decide on the kind of sponsorship you want from your employer
- Invite your employer to find out more about the programme
There are several externally funded scholarship options available to Full-Time MBA students including The Chevening scholarship. You can find details of further non-Imperial scholarships here.
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.
For UK residents, for further information on financial assistance to support your learning, please visit gov.uk or contact 0800 100 900.
“Part of my MBA was generously funded by the Forté Foundation. I knew for some time I wanted to get an MBA, so I was researching and applying to schools quite early in the autumn before the programme. By doing so, there were many scholarship deadlines that I could meet, and I would encourage anyone applying to programmes to keep that in mind.”
Our scholarship blogs
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.
The Dean’s Impact Scholarship: my journey to MSc Finance at Imperial
Naomi Stranz, a MSc Finance student shares her experience securing the Dean's Impact Scholarship, delving into its personal significance and offering practical advice for prospective students.
My Imperial Women’s Scholarship
Stella Dourtme, a recipient of the Imperial Women’s Scholarship, shares what this scholarship means to her top advice for securing this prestigious award.
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.