IMD MBA Scholarship 2024-2025 (Application Process)

Good news! You can now start the year right by applying for our IMD MBA Scholarship program. You can start your adventure from anywhere around the world now that we are open for applications. Here, we will expound on this program’s coverage, discuss its benefits, and provide a step-by-step guide to the application process:

What is IMD MBA Scholarship?

The IMD MBA Scholarship for the year 2024-2025 is a scholarship for international students. It’s fully funded and is offered to students for a Master’s in Business Administration. The program offers CHF 85,000 award to its recipient.

This scholarship is deemed one of the best offers in Europe as a full-time MBA program. Here, students can focus and improve their leadership skills in the fields of business, digital, and entrepreneurial. This makes it a life-changing journey in enhancing one’s career. There are multiple networking opportunities here as well, making it ideal for those who want to work on their competitive edge in the global scene one day.

Scholarship Summary

Country: Switzerland
Scholarship Type: MBA program
Institutions: IMD
Type: Partially/Fully funded for 1 year
Degree Program: Masters in Business Administration
Scholarship Amount: Upto CHF 85,000 award
Deadline: January 15, 2024 (Earlybird application payment waiver), February 15, April 15, and June 15, 2024.

Scholarship	Amount	Criteria
Young Leaders Scholarships	Up to CHF 50K	Demonstrate exceptional leadership potential and be aged 24-27 years old
Swiss Resident Scholarship	CHF 25 – 50K	Be currently living in Switzerland with a valid work permit or Swiss passport
Forté Women Scholarships	CHF 20K	Women applicants who apply for the 15 April and 15 June admissions deadlines
Leadership Scholarships	CHF 30K	Demonstrate exceptional leadership experience or potential
Entrepreneur Scholarship	Up to CHF 30K	Demonstrate strong entrepreneurial experience
Sustainability Scholarship	Up to CHF 30K	Demonstrate exceptional sustainability impact
Healthcare Scholarship	Up to CHF 30K	Demonstrate strong work experience in the healthcare industry
Military Scholarship	Up to CHF 30K	Have a professional military background with strong achievements
Sports Scholarship	Up to CHF 30K	Demonstrate a strong professional sports background
Tech Scholarship	Up to CHF 30K	Demonstrate strong work experience in the tech industry
German Engineer Scholarship	Up to CHF 30K	Be a citizen of Germany and demonstrate a strong engineering background
Africa Scholarships	Up to CHF 30K	Be a citizen of this region
Asia Scholarships	Up to CHF 30K	Be a citizen of this region
Europe Scholarships	Up to CHF 30K	Be a citizen of this region
Latin America Scholarships	Up to CHF 30K	Be a citizen of this region
Middle East Scholarships	Up to CHF 30K	Be a citizen of this region
North America Scholarships	Up to CHF 30K	Be a citizen of this region
Oceania Scholarships	Up to CHF 30K	Be a citizen of this region

List of Other Scholarships

The Hilti Scholars Program – Up to CHF 50K

Open CO-RO scholarship for Danish nationals- CHF 97.5K

Open The Staton Scholarship – CHF 50K

Open The BackPack-Excellence Scholarship for Women – Full scholarship & living expenses

Open The Jebsen Family Global South MBA & EMBA Scholars Program – Up to CHF 50K

Open The Nestlé Scholarship for Women – CHF 25K

Criteria for Eligibility for IMD MBA Scholarships

These are the requirements candidates should possess and present to qualify for this scholarship:

Language: English
Countries Covered: All countries in the world
Degree: A Bachelor’s Degree or the equivalent of it
Experience: Candidates should have at least 3 years of full-time work experience (post-graduate), demonstrating their career length and progress so far. Typically, the range in the class is within 4-9 years.
Recommendations: The candidate should at least have 2 recommendations from business-related sources. It’s ideal for the candidate to know the recommenders well. It’s encouraged to have recommenders the candidate has worked with before, allowing them to highlight the candidate’s interpersonal skills, leadership capability, professional achievements, and teamwork efforts.
GRE or GMAT: The candidate should have an average GMAT score of 680. Scores below this can be supplemented by the candidate’s unique experiences and achievements, but it’s still ideal to reach the standard 680 scores.
IELTS/TOEFL: Candidates who are not native English speakers need to pass the IELTS or TOEFL program. No minimum requirement is needed here, but a standard score of 105+ for TOEFL and 7.5 for IELTS is needed. You can use our TOEFL IBT code, C301.
Second Language: We prefer candidates who have a second language as part of our international program outlook.

How to Apply for the IMD MBA Scholarships?

Step 1: Create an online application from IMD’s official site.

Step 2: Upload these documents:

- Transcripts and Degrees – Prepare copies of your original transcripts and diplomas. Make sure they’re the official documents and that they should include the grading scale. Provide translations to both English in French for all of your documents too.
- GRE or GMAT – Provide your GRE or GMAT score. It should be from within 5 years. Candidates will be asked to upload a copy of their test taker results and get an official report of their scores to submit to IMD. The codes are GMAT (SKR-MM-13) and GRE (8490).
- English Test Results – This includes the candidates’ IELTS or TOEFL scores. These should be from within 5 years as well (for non-native English speakers without a degree that’s taught in English). The candidates will have to provide a test taker copy and get an official report of their scores to submit to IMD as well.
- Recommendations – Include 2 recommendations from your business-related sources. They should highlight your professional achievements and interpersonal, leadership, and teamwork skills too. Include their contact details 2 weeks before your application deadline so that they can complete and submit the online form on time. Strictly provide professional email addresses only, (Gmail, Hotmail, etc.) are not accepted.

CV – Add a one-page CV following our IMD template. Other CV formats will not be accepted.

Photo – Prepare a professional-style electronic photo. It should not have any background scenery and should be in high resolution – the minimum DPI is 150, the size 150KB, and in JPEG format.

Passport – Include a copy of your passport, and a picture page, that’s valid during the full MBA year. For those with multiple nationalities, include a copy of every passport present.