MBA Scholarships for International Students in Europe 2024

MBA Scholarships for International Students in Europe 2024

Edited By Sareena Kaur Sethi | Updated on Aug 06, 2024 12:11 PM IST

Europe is one of the most preferred continents by aspirants to pursue higher education abroad. The most popular course that the majority of Indian students are inclined towards opting for is MBA in Europe. Hence, there is a significant demand for MBA scholarships in Europe for international students as many universities have high tuition fees.

Moreover, Europe mainly consists of countries like the United Kingdom, Germany, Italy, France, Russia, etc. which are quite popular when applying for various MBA scholarships in Europe. A major reason for this is, that these European countries are known to offer the best courses, a wider range of specialisations, prestigious universities, better employment opportunities, and much more.

Furthermore, some of the top institutions in Europe that offer comprehensive MBA programmes are Imperial College London, University of Oxford, University of Cambridge, ETH Zurich, University College London, etc. The average cost of pursuing an MBA in Europe is anywhere between EUR 60,000 to EUR 110,000 annually.

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Therefore, to ease the financial burden, plenty of scholarships for MBA in Europe are available specifically for Indian students. These MBA scholarships are made to support these students' academic expenses and can significantly reduce the overall cost of studying in Europe.

There are also various requirements for seeking a full scholarship for MBA in Europe

that may include academic documents, acceptance letters, proof of funds for a student visa, etc. Read the article to learn about MBA scholarships in Europe for international students.

Read more: Study in Europe for Indian Students

Scholarships for MBA in Europe

Europe is claimed to be one of the largest continents in the world and has had a significant amount of world share, and well-established companies, industries, and universities for decades. Therefore, we have gathered some of the best MBA scholarships in Europe for international students that will kick-start your dream of pursuing this master’s degree abroad in a cost-effective manner.

HEC Paris MBA Scholarship for Excellence

HEC Paris is one of the top business schools in Europe and is ranked at 2 for QS Global MBA Rankings in 2024. As per the HEC foundation rules all international students applying for an MBA will be considered for the Excellence and Diversity Scholarships on an automatic basis. These grants may vary in amount and are based on several factors such as your academic scores, financial condition, work experience, etc.

One must be prepared with their MBA application, Personal essays, and other required documents while applying for HEC Paris MBA scholarships. If you are shortlisted for the same interview rounds will also be taken to understand your professional and personal background and ensure whether you’ll be getting one of the top scholarships for an MBA in Europe.

HEC Paris scholarship for MBA

Eligibility

Covers

  • Merit-based scholarship

  • High academic scores

  • Relevant work experience

  • Considerable GMAT score

Tuition Fees - 50% or more

BK Birla Scholars Programme

Often international students have this dilemma “Do MBA programs give scholarships?”, to clarify, the answer to it would be “yes”. One such MBA programme is offered at the London Business School which is ranked as number one by QS Global MBA Rankings 2024. The BK Birla Scholars programme is funded by the Aditya Birla Group and is known to be the most competitive full scholarship for MBA in Europe.

There are a total of 10 such awards that are granted to Indian students applying at London Business School every year to pursue MBA programmes. It is a merit-based scholarship and all the candidates are considered for it during the application process automatically.

BK Birla Full Scholarship MBA Europe

Eligibility

Covers

  • Merit-based scholarship

  • High academic scores and achievements

  • Leadership traits and experience

  • Considerable GMAT score

Tuition Fees - Fully-funded

IE Business School Dean’s Award

It is one of the most sought-after MBA scholarships in Europe, and all international students seek it while applying at IE Business School. Candidates applying for a master's degree here or specifically MBA are automatically considered for the IE Business School Dean’s Awards.

This grant is offered only twice a year for the spring and fall semesters and students with high academic value and GPA scores are majorly considered. This MBA scholarship in Europe is granted by IE University to exceptionally well students from across the globe.

IE University Scholarships for International Students

Eligibility

Covers

  • Merit-based scholarship

  • High academic scores and achievements

  • Minimum GPA of 3.8/4, 4.75/5, or 9.5/10

Tuition Fees - 70%

Forte Foundation Scholarship for Women

It is a renowned fellowship programme that grants MBA scholarships in Europe for international students or women to be precise. The purpose of it is to spread women's empowerment and educate female future leaders to build a career in business and entrepreneurship. The Forte Fellowship Foundation has so far helped more than 17,000 women by granting them this MBA scholarship in Europe.

This fellowship can be opted for both part-time as well as full-time studies however, the scholarships are only available at selective universities across Europe. Therefore, one needs to go through the financial aid options available at the university of their choice and check whether they offer the Forte Foundation fellowship.

Forte MBA Fellowships

Eligibility

Covers

  • Should pursue an MBA degree at the selected Business School

  • Should identify as a woman

  • Should possess academic and leadership excellence

  • Relevant work experience

  • Considerable GMAT or GRE score

Tuition Fees - EUR 10,000 to EUR 25,000


Popular MBA Scholarships in Europe for International Students

There is always an increasing demand for MBA scholarships in Europe as a large population of international students apply to top universities every year. Therefore, we have enlisted some more options for MBA scholarships in Europe for international students below:

Best MBA scholarships in Europe for international students

Scholarship Name

Cost coverage

Laidlaw Women’s Leadership Fund Scholarship

Tuition fees - 50% or 100%

SARI Foundation Trust Scholarships

Full-funded tuition fees

London Business School Fund Scholarships

Up to 100% tuition fees

IE Asia Pacific Scholarship

Tuition fees - 10% to 40%

INSEAD Financial Need Group Scholarship

EUR 10,000 to EUR 30,000

Chevening Scholarships

Tuition fees, living costs, travel allowance, etc.

Boustany Foundation MBA Scholarship

Up to 75% tuition fees

Also Read: Fully-Funded MBA Scholarships for Indian Students Abroad

Requirements for Getting MBA Scholarships in Europe

To pursue your dream and educational degree we have created a list of essential documents that are posed as important requirements while applying for MBA scholarships in Europe for international students.

Also Read: Cheapest Universities in Europe

Frequently Asked Questions (FAQs)

1. How can I get scholarship to study in Europe?

International students can opt for various scholarships in Europe to embark on their study abroad journey without any hassle. However, there are some eligibility requirements that one needs to fulfil to attain MBA scholarships in Europe institutions such as academic transcripts, high GPA, GRE or GMAT Scores, IELTS or TOEFL score, etc.

2. Which country in Europe is best for MBA?

The best countries for an MBA are the ones that provide comprehensive education at affordable tuition fees but also promise a successful future with good placement opportunities. Therefore, some of the best countries in Europe for pursuing an MBA by international students include Germany, Netherlands, France, the United Kingdom, and many more.

3. Can I get a full scholarship in Europe?

Yes, anyone can get an opportunity to attain full scholarships in Europe as there are many financial aid opportunities available for international students. They can opt for scholarships such as Forte Foundation, Chevening, Rhodes, BK Birla, etc. However, you will have to fulfill certain prerequisites set by these institutions for attaining full scholarships.

4. Is MBA better in USA or Europe?

The international job market has flourished even more in recent years in countries like USA, and the UK. However, as far as MBA is concerned both European countries and USA offer plenty of top-tier universities with a comprehensive curriculum. It totally depends on the student’s personal preference and choices whether to pursue an MBA degree in USA, or European countries like Germany, UK, France, etc.

5. Is Indian MBA valid in Europe?

Yes, MBA in not only valid but highly values in India if pursued from a foreign country especially Europe. As the country is known for its comprehensive curriculum, industry-driven skills, great working opportunities, and much more.

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Questions related to

Get answers from students and experts

Correct Answer: PQSR


Solution : The correct choice is the fourth option.

The correct order of the sentence is PQSR.

This order ensures a logical flow of information, as it begins by introducing the challenge of pandemic-related travel complications (P), followed by the governance of key countries like India and France (Q), and their role in facilitating interactions between EDF and NPCIL (S). The sentence concludes by specifying the outcome of this interaction: EDF's ability to submit a binding techno-commercial offer on April 22, 2021 (R). This arrangement of the parts in a sentence maintains proper coherency and clarity.

Therefore, the complete sentence would be: Despite pandemic-related travel complications, the governments of India and France facilitated interactions between EDF and NPCIL, which allowed EDF to submit to NPCIL a binding techno-commercial offer on April 22, 2021.

Correct Answer: would have gone


Solution : The correct choice is the first option.

Explanation:
This is the case of the third conditional, which is used to talk about hypothetical situations and their potential outcomes, and the structure for this type of conditional is "would have + past participle" to indicate a hypothetical situation in the past and its hypothetical result. Thus, had gone should be replaced with would have gone to align with the structure of the third conditional.

Therefore, the correct sentence would be: If you had learned French, you would have gone to France for studies.

Correct Answer: Portugal and England


Solution : Given:
(I) In the European Championship Games, the flags of six countries were arranged on top of pillars in the following way. The flag of Argentina was to the left of Portugal's bi-colour and the right of the flag of France.


(II) The flag of England was to the right of the Portugal flag but to the left of the flag of Germany, which was to the left of the flag of Spain.

So, the flags of Portugal and England are in the middle of the row. Hence, the fourth option is correct. 

Correct Answer: RPQS


Solution : The correct choice is the fourth option.

The context helps identify that the paragraph is about the German invasion of the countries and northern France. Thus, to state the information provided chronologically, we follow the below steps:

  • The paragraph starts with sentence R, which states that on May 10, 1940, the attack by Germans began with the capture by parachutists of key bridges that were deep in the country so that they could open a way for mobile ground forces.
  • It is followed by sentence P, which tells the reaction of the Dutch defenders who fell back westwards, and by noon on May 12, German tanks were on the outskirts of Rotterdam.
  • It is followed by sentence Q, which gives further information that the then-queen Wilhelmina and her government left the country on May 13, followed by the surrender of the Dutch army on May 13.
  • The concluding statement of the paragraph is sentence S, which provides additional information on the invasion of Belgium, which also began on May 10.
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