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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.

September 2024 and January 2025 fees

Tuition Fee

£50,500

Deposit

£5,050 1
Student smiling on campus

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 Failure to pay this in time may result in your offer being withdrawn.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.

Global Online 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

Up to 25% of tuition fee

Summary

We are proud to be a global organisation with students from all over the world. To ensure we continue to be a truly global organisation, we are offering scholarships to African students who we believe would contribute to the Imperial community.

Eligibility

Applicants who are resident in one of the 54 African countries (as defined by the United Nations) will automatically be considered.

How to apply

Candidates who submit their application for the Global Online MBA before the required admissions round deadline and receive an offer for the programme will automatically be considered for this scholarship.

Awards will be made throughout the admissions cycle but only a limited number are available, so we recommend applying early. Successful candidates will be notified by the Admissions team within two weeks of an offer being made.

Requirements

A strong overall application with excellent academic background, career potential, references and personal statement.

Deadline

7 May 2024 - September 2024 entry

12 August 2024 - January 2025 entry

Amount

50% of the tuition fee

Summary

Imperial College Business School is proud to be a global organisation with students from all over the world. Currently, students from Black or mixed black backgrounds are underrepresented in our student cohort and we're working to improve this. To encourage this further, we are offering scholarships to students from Black or mixed black backgrounds from all regions, who can demonstrate their leadership potential and want to make a positive contribution to the Imperial community.

Eligibility

The Black Future Leader Award is available to applicants demonstrating an outstanding track record of leadership and/or leadership potential. 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.

How to apply

Candidates who submit their application by the required deadline and receive an offer for the programme will be eligible to apply for this scholarship. You will be required to submit a video assessment - further details will be communicated once you have received an offer for the programme.

Requirements

  • An excellent academic background
  • An excellent track record of professional achievement
  • A strong track record of leadership and/or leadership potential (this may include during your studies, work experience and internships, and/or within your community)
  • The overall strength of your application and interview performance, including references

Deadlines

7 May 2024 -  September 2024 entry

12 August 2024 - January 2025 entry

Amount

£20,000

Summary

Our vision is to benefit business and improve society through the power of innovative thinking. We are delighted to offer the Dean's Impact Scholarship to candidates who demonstrate impact and achievement in any of the following five key areas:

  • Entrepreneurship
  • Technology and Innovation
  • Sustainability
  • Social Impact
  • Leadership

Eligibility

All successful applicants are eligible to apply for this award.

How to apply

Candidates who submit their application and receive an offer for the programme will be eligible to apply for this scholarship. A video assessment is required for this scholarship, and details will be communicated once an offer has been made. Awards will be made throughout the admissions cycle but only a limited number are available, so we recommend applying early.

Deadlines

7 May 2024 - September 2024 entry

12 August 2024 - January 2025 entry 

Amount

Up to 20% of tuition fee

Summary and Eligibility

Imperial Excellence Scholarships are available for applicants demonstrating all-round excellence in their application and interview performance.

All successful applicants are eligible to apply for this award.

How to apply

Candidates who submit their application and receive an offer for the programme will be eligible to apply for this scholarship. Awards will be made throughout the admissions cycle but only a limited number are available, so we recommend applying early. Successful candidates will be notified by the Admissions team within two weeks of an offer being made.

Requirements

An excellent application, demonstrating academic merit, strong professional or internship experience, clear career plan, and leadership potential.

Deadlines

17 June 2024 - September 2024 entry

21 October 2024 - January 2025 entry

Amount

15% reduction in fees

Eligibility

Your Imperial degree opened doors after graduation. Now, find out how an MBA can help open new opportunities to accelerate or pivot your career, with a reduction in your fees. This bursary is available to candidates who have previously been awarded an undergraduate degree or a postgraduate Master’s degree by Imperial College London.

How to apply

Eligible candidates who receive an offer for the programme will automatically receive the bursary as a reduction to their tuition fees.

Requirements

Available to candidates who have previously been awarded an undergraduate degree or a postgraduate Master’s degree by Imperial College London

Deadlines

17 June 2024 - September 2024 entry

21 October 2024 - January 2025 entry

Amount

Up to 25% of tuition fee

Summary

We are proud to be a global organisation with students from all over the world. To ensure we continue to be a truly global organisation, we are offering scholarships to Latin American students who we believe would contribute to the Imperial community.

Eligibility

Applicants who are resident in one of the 20 Latin American countries (as defined by the United Nations) will automatically be considered.

How to apply

Candidates who submit their application for the Global Online MBA before the required admissions round deadline and receive an offer for the programme will automatically be considered for this scholarship.

Awards will be made throughout the admissions cycle but only a limited number are available, so we recommend applying early. Successful candidates will be notified by the Admissions team within two weeks of an offer being made.

Requirements

A strong overall application with excellent academic background, career potential, references and personal statement.

Deadline

7 May 2024 - September 2024 entry

12 August 2024 - January 2025 entry 

Amount

£15,000

Summary

Imperial College Business School is committed to promoting equality in business and society. We are delighted to offer scholarships for students who are part of, or allies to, the LGBTQ+ community.

Eligibility

All successful applicants are eligible to apply for this award.

How to apply

Candidates who submit their application for the Global Online MBA by the required deadline and receive an offer for the programme will be eligible to apply for this scholarship. A video assessment is required for this scholarship - details will be communicated once an offer has been made.

Awards will be made throughout the admissions cycle but only a limited number are available, so we recommend applying early.

Requirements

  • A strong track record of promoting diversity and inclusion
  • A desire to drive initiatives to encourage LGBTQ+ participation in business education and to champion equality within Imperial and beyond

Deadline

7 May 2024 - September 2024 entry

12 August 2024 - January 2025 entry

Amount

£15,000

Summary

The Imperial Global Online MBA Women’s Scholarships are awarded to women showing exceptional academic achievement and professional excellence, as well as a commitment to supporting women in business.

Eligibility

All successful female applicants are eligible to apply for this award.

How to apply

Female candidates who submit their application for the Global Online MBA by the required deadline and receive an offer for the programme will be eligible to apply for this scholarship. A video assessment is required for this scholarship - details will be communicated once an offer has been made.

Awards will be made throughout the admissions cycle but only a limited number are available, so we recommend applying early.

Requirements

  • A demonstrable track record of leadership in your field
  • A commitment to supporting women in business
  • The information supplied in your original application to the programme, including a strong academic background, and an excellent track record of professional achievement
  • Your performance during the admissions process, where academic and professional merit will be considered
  • Your professional references

Deadline

7 May 2024 - September 2024 entry

12 August 2024 - January 2025 entry

Empowering Futures: MBA Scholarships at Imperial

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.

If you have completed the Mergers & Acquisitions or Private Equity programmes offered by Imperial Executive Education within the last three years, you can have your certificate accredited towards a Global Online MBA. If credited, this will replace one elective module option. You will be entitled to a discount of 5% (stackable to a maximum of 10%) applied to the Global Online MBA fees.

This is subject to successful completion of the programme with a pass and admission to the Global Online MBA programme via the standard admission process. Successful completion of the Executive Education programme does not guarantee admission to the Global Online MBA.

“The Dean's Impact Award has opened the opportunity of taking on a part-time MBA while working full-time for me. The scholarship has also already been a great avenue to connect with other Imperial College Business School students from other MSc and MBA programmes.”
Daniel Rubio Sanchez
Global Online MBA, 2023
Hear more from Daniel

Our scholarship blogs

Shauna maguire
Scholarship blog

Empowering women in education: My scholarship journey

The Imperial Global Online MBA Women’s Scholarships are awarded to women showing exceptional academic achievement and professional excellence. Shauna Maguire, Global Online MBA shares her experience achieving this scholarship and what it means to her.

Read more
Andrea Gonzalez Imperial
Scholarship blog

My journey securing the LATAM Regional Scholarship

Andrea Palacios Gonzalez, a MSc Finance student, shares her experience achieving the Latin America (LATAM) Regional Scholarship, what it means to her and her advice for prospective students.

Read more
Daniel Rubio Sanchez 
Scholarship blog

My MBA journey: securing the Dean's Impact Scholarship

Daniel Rubio Sanchez, a Global Online MBA student shares his experience securing the Dean's Impact Scholarship, delving into its personal significance and offering practical advice for prospective students.

Read more
View all scholarship blogs

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.