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Fees, financing and scholarships

The tuition fee for participants entering the Masters in Finance in August 2016 are £41,650. Fees include course materials for core and elective courses, many social events, registration and examination fees. Text books and living expenses are not included.


Payment (full-time format)


If you are offered a place on the full-time Masters in Finance you will be asked to pay a commitment fee of £1,800 about four weeks after the offer, and a second instalment of £6,200 about eight weeks after the offer. The balance will be due in mid-July 2016.


Payment (part-time format)


If you are offered a place on the part-time Masters in Finance, you will be asked to pay a commitment fee of £1,800 about four weeks after the offer. 50% of the total fees (less the commitment fee) will be due in mid-July 2016 with the remaining 50% due in mid-July 2017.


What do fees cover? 


Fees for the Masters in Finance programme cover all tuition, preparatory courses, some course materials and a contribution to the London Business School Students' Association. Fees do not cover your living expenses or text books.


Loans


A range of loans, including the Prodigy Finance and Future Finance loan programmes, are available to help you finance your Masters in Finance. Find out more about getting a loan. Find out more about getting a loan.


Scholarships


If you are one our most outstanding candidates you may be awarded one of our growing portfolio of scholarships. The number and nature of scholarships varies from year to year, and includes scholarships donated by alumni, corporate, and trust and foundation donors. Successful applicants to the programme will be sent further information on the scholarship award process with their offer. Preference will be given to candidates who complete their application in stages 1 - 4. The portfolio for the 2016 intake is as follows.  New scholarships are added through the admissions season, as and when generously donated by alumni, friends of the School and companies.


In addition, monetary prizes for academic excellence are awarded by London Business School’s research centres and institutes. The AQR Scholar Award, for example, recognises graduating students demonstrating academic excellence in asset management. Students are judged on academic performance in areas of relevance to the Institute, good citizenship and potential future impact on the asset management industry. MBA Student Andrea Turrini received the AQR Scholars Award 2016.

  • The Masters in Finance Merit Scholarships

    Award: Multiple scholarships of up to 50% of fees.

    Overview: These awards aim to attract excellent candidates to the programme. Successful candidates will be selected on merit. Does not require candidates to write an essay.

    Open to: Candidates admitted to the full-time or part-time Masters in Finance. 

  • The Masters in Finance Alumni Scholarships

    Award: Two scholarships of up to 50% of fees.

    Overview: This scholarship scheme is funded through the generosity of MiF alumni and has been established to help attract excellent candidates with proven financial need to the programme. All qualified applications will be considered, and successful candidates will be identified on financial need and merit. Requires candidates to write an essay.

    Open to: Exceptional successful applicants to the full-time programme with proven financial need.

  • London Business School 50th Anniversary Scholarship
  • Chevening Scholarships

    London Business School is proud to support the Chevening Scholarship scheme - the UK government's global scholarship programme. The programme makes awards to outstanding scholars with leadership potential from around the world to study postgraduate courses at universities in the UK.

    A number of students who are awarded a Chevening Scholarship will be selected for a 20% fee waiver from London Business School.

  • Masters in Finance Scholarship for Women

    Award: One scholarship of up to 50% of fees.

    Overview: This awards has been established to help attract excellent female candidates to the programme. Does not require candidates to write an essay.

    Open to: All successful female applicants to the programme (full-time or part-time). 

  • Masters in Finance Hong Kong Women's Scholarship
  • David Pyott (MSc13) Scholarship
  • The Monica and Navin Valrani Scholarship

    Award: One scholarship of £20,000.

    Overview: All successful Indian women applicants to the full-time MiF and MBA programmes.

    Open to: Designed to support exceptionally gifted and talented Indian women who have achieved success through their own determination, ambition and motivation and have striven to succeed in their education and career.

  • LIFE Scholarship (for Lebanese nationals)

    Awards: Full-time MiF $12,000; Part-time MiF $24,000


    Overview: LIFE (Lebanese International Finance Executives) - a non-profit organisation which provides a platform to channel the influence of Lebanese finance executives worldwide in order to establish stronger bonds, nurture the next generation and promote Lebanon.


    Open to: Lebanese nationals (or students of Lebanese descent) who wish to go into financial services. Candidates should have a strong academic performance and be able to articulate (via interview) their reason for pursuing financial services.


    Application format: Full-time and part-time MiF candidates who receive an offer for the MiF 2016 intake by 30 June 2016 will be automatically considered for this award, so early application to the Programme is advised. The recipient of the award will be chosen by LBS and LIFE jointly.

  • Asia scholarships

    Masters in Finance China Scholarship


    Award: One scholarship of up to 50% of fees. 

    Overview: This scholarship aims to attract excellent Chinese candidates to the programme. Qualified successful candidates will be selected on merit. Does not require candidates to write an essay.

    Open to: Exceptional successful applicants to the programme (full-time), who are nationals of China.



  • Australia and New Zealand scholarships

    The Taylor Family Scholarship Award (MiF FT97)


    Award: One Scholarship of £20,000.

    Overview: This scholarship is funded through the generosity of MiF alumnus Paul Taylor, (MiF97) and has been established to help attract excellent candidates to the programme. All qualified applications will be considered and successful candidates will be identified on merit. Does not require candidates to write an essay.

    Open to: Exceptional successful applicants to the programme (full-time or part-time). Preference will be given to residents of Australia, New Zealand or South Africa, and nationals of Australia living elsewhere.


  • Caribbean and Latin America scholarships

    Masters in Finance Latin America & the Caribbean Scholarship


    Award: One scholarship of up to 50% of fees.

    Overview: This scholarship aims to attract excellent Latin American and Caribbean candidates to the programme. Qualified successful candidates will be selected on merit. Does not require candidates to write an essay.

    Open to: Exceptional successful applicants to the programme (full-time), who are a national of Latin American or Caribbean countries.

  • Europe scholarships

    The Vladimir Vendin MiF Scholarships


    Award: Two scholarships of £20,000 each.


    Overview: This scholarship is funded through the generosity of MiF alumnus Vladimir Vendin (MiF98), and has been established to help attract excellent candidates to the programme. Two scholarships are available, Scholarship A and Scholarship B.


    Open to: Scholarship A is open to all successful applicants to the programme (full-time or part-time). Scholarship B is open to all successful applicants to the programme (full-time or part-time) with a preference to those who reside in Russia, Ukraine, Belarus, Poland, Slovakia, Czech Republic, Bulgaria, Serbia, Romania or Hungary. Requires candidates to write an essay.


    Stolyarenko Scholarship


    Funded by: Anonymous donor


    Award: One award of £35,000 for MBA and Sloan candidates or two awards of £17,500 for MiF, MiM and MFA candidates


    Open to: All successful candidates across full-time degree programmes who are Russian nationals and residents


    Application format: All eligible candidates will be automatically considered for this award.

  • South Africa scholarships

    The Taylor Family Scholarship Award (MiF FT97)


    Award: One Scholarship of £20,000. 

    Overview: This scholarship is funded through the generosity of MiF alumnus Paul Taylor, (MiF97) and has been established to help attract excellent candidates to the programme. All qualified applications will be considered and successful candidates will be identified on merit. Does not require candidates to write an essay.

    Open to: Exceptional successful applicants to the programme (full-time or part-time). Preference will be given to residents of Australia, New Zealand or South Africa, and nationals of Australia living elsewhere.


  • UK scholarships

    The Borrows Scholarship


    Award: One award of £14,000.

    Overview: This scholarship aims to attract excellent British/British resident candidates to the programme. Qualified successful candidates will be selected on merit. Does not require candidates to write an essay.


    Open to: Exceptional successful applicants to the programme (full-time or part-time), who are residents or nationals of the UK.

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