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will be beneficial in some other way – such as a longer repayment period

Posted: Thu Jul 10, 2025 6:01 am
by Suborna
Deciding whether and how to pursue an MBA program is also a financial issue for many people. MBA programs are not cheap, and fees are often quite high - but this also includes living expenses, material costs, travel and, for full-time programs, the loss of income during the duration of the program. So for many people this is one of their biggest financial decisions.

There are also some tax benefits in some countries - for example, fees for certain types of programs are tax-free. Some people may be lucky and get assistance from their employer - but many people have to pay the costs themselves, and so many people seek some form of financial assistance to ease their burden.

This page provides some information about the types and sources of financial assistance that may be available in certain circumstances.

Aid from business schools

Many schools offer their own scholarship brother cell phone list or bursary schemes. In some cases, their support is available on a competitive basis - i.e. individuals apply and are assessed on a random basis. In some cases, funds are made available to applicants from particular groups - whom the school wishes to include in its programmes - such as people from particular countries, occupations, ethnic groups etc. Some schools offer earning opportunities to offset fees, such as research assistant positions. The best way to find out is to check out the schools you may apply to, e.g. look at their prospectuses, web pages etc. - and/or ask them.

Support from other sources

Financial support can come from governments, charities, companies, financial institutions etc. There are two types - grants/scholarships and bursaries, and loans. The first may be given to you to cover some or all of your costs - and you will not need to pay the money back, although there may be other conditions attached to it - such as you must return to your home country after completing the MBA. The latter option will require repayment, but the interest rates will usually be lower – or the loan terms .

Note: We have provided all the relevant information we have. It is as accurate as possible – but always check with the relevant source/organisation before taking any action.

Please also check the links page of the AMBA website as there may be more information about other websites that provide relevant information.