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. 
  • Application Payment – Include your non-refundable CHF 200 fee. 

Other IMD MBA Scholarship Coverages

This scholarship for the years 2023-2024 gives the recipient the following scholarship coverage:

IMD Alumni Club of Lausanne Scholarship

Forté Scholarships for Women

Stewart Hamilton Scholarship

IMD MBA Scholarship of class 1976

  • 50,000 CHF amount
  • May 1 application admissions deadline

The Staton Scholarship

Diversity Scholarships

  • 50,000 CHF amount
  • Given for every admissions deadline

Merit Scholarships

Financial Need Scholarships

  • Up to 30,000 CHF amount
  • Given for every admissions deadline

The Hilti Scholarship for Women

The CO-RO Foundation Scholarship

The Nesté Scholarship for Women

  • 25,000 CHF amount
  • September 1 application admissions deadline

Official Website