The average cost of pursuing an MBA in Europe is anywhere between EUR 30,000 to EUR 120,000 annually. Therefore, to ease the financial burden, there are several MBA scholarships in Europe available specifically for Indian students. These MBA scholarships are made to support the students' academic and living expenses and can significantly reduce the overall cost of studying in Europe. 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. Europe is one of the most preferred continents by aspirants to pursue higher education abroad. It consists of popular study abroad destinations like the United Kingdom, Germany, Italy, France, Russia, etc. The most popular course that the majority of Indian students are inclined towards is MBA 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. Hence, there is a significant demand for MBA scholarships in Europe for international students as many universities have high tuition fees. Read the article to learn more about MBA scholarships in Europe for international students.
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Read more: Study in Europe for Indian Students
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 is one of the top business schools in Europe and is ranked at 6 for QS Global MBA Rankings in 2025. 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.
Eligibility | Covers |
| Tuition Fees - 50% or more |
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 5th by QS Global MBA Rankings 2025. 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.
Eligibility | Covers |
| Tuition Fees - Fully-funded |
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.
Eligibility | Covers |
| Tuition Fees - 70% |
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.
Eligibility | Covers |
| Tuition Fees - EUR 10,000 to EUR 25,000 |
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:
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 |
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
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.
Copy of the Application form from the university
Academic transcripts and Degrees
Copy of a valid Passport
Copy of Acceptance Letter from the university
Test Scores for English language proficiency (IELTS/TOEFL/PTE/DET)
Additional documents like proof of funds, essays, medical reports, etc.
Also Read: Cheapest Universities in Europe
Frequently Asked Questions (FAQs)
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.
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.
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.
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.
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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