Our students finance their MBA through a variety of different means. You may wish to find out whether you would qualify for a Prodigy Finance Loan, a Cranfield MBA scholarship or if you are a returning student qualify for our Discount Scheme.
Alumni Discount Scheme
We are immensely proud of our network of 60,000+ alumni and we are committed to ensuring that our relationship is both rewarding and lifelong.
For this reason we are pleased to offer an exclusive discount scheme to alumni who have successfully completed a Cranfield postgraduate course and would like to return to study on one of our world-leading MBA Programmes.
All those who qualify will receive a 25% discount on their tuition fees.
The scheme is open to all Cranfield graduates who have completed an MSc, PhD, MRes or MDes degree in the past 10 years.
- All applicants must fulfil the programme entry criteria*.
- The discount will be applied to the course fees once the applicant has received an offer of a place on either the full-time MBA or part-time Executive MBA programme.
*We will not require alumni to take an English language proficiency tests if they met the requirements during their original Cranfield studies, and the programme was at least a year in length.
Additional Alumni Discounts
Alumni who have completed one of our short courses will instead receive a 20% loyalty discount on tuition fees.
Prodigy Finance Loan Programme
Once you have a firm offer of a place to study on the Cranfield MBA, you are eligible to apply for the Prodigy Finance Loan Programme, which offers an innovative way of helping you finance your studies. Founded by three MBA alumni, Prodigy Finance provides funding for students through contributions sourced from the university, alumni and friends of the school.
At this time, only full-time MBA students are eligible to apply for a Prodigy Finance loan and access to funds is dependent on the level of funds available. The loan amount is capped at £25,000 (plus life cover) and can only be used for tuition and living expenses.
Prodigy Finance Ltd:
1-4 Argyll Street
Company Number 5912562
License number 612713/1
For further information please refer to the frequently asked questions section of the Prodigy Finance website.
Cranfield School of Management offers a variety of scholarships, some of which are sponsored, as detailed below. If you wish to be considered for one of these, please indicate this in your application form.
50th Anniversary Scholarships: 50 SCHOLARS FOR 50 YEARS
To mark our 50th anniversary, Cranfield School of Management is offering 50 Scholarships of at least £7,500 for exceptional candidates to attend our full-time MBA or the Executive part-time MBA. We value diversity of background and nationality across our MBA programmes, and therefore every applicant will be automatically considered for a 50th Anniversary Scholarship.
Our "50 year scholars" will be notified at the time of the admissions decision. The selection criteria for the scholarships will be based on both:
- Strength of the application: an applicant's achievements, academic credentials and professional track record, GMAT (or equivalent) score.
- The interviewer's report: an assessment of the applicant's communication and interpersonal skills, leadership and/or entrepreneurial potential as well as his/her anticipated contribution to the cohort, both professionally and culturally.
Cranfield Australian Alumni Scholarship
Cranfield School of Management, in partnership with the Cranfield Australian Alumni Scholarship Foundation (CAASF), offer the Cranfield Australian Alumni Scholarship for an outstanding candidate of Australian origin. Funded jointly by Cranfield alumni in Australia and Cranfield School of Management in the UK, the scholarship was established in 2005 to give talented Australians the opportunity to benefit from a world-class business education at Cranfield School of Management.
The scholarship is the only scholarship in Australia that is focused on identifying future leaders and entrepreneurs by providing them with a unique opportunity to accelerate their professional, personal and leadership development by undertaking a one-year Full-time MBA course.
Value: £36,000 (full tuition fees).
Number of awards: 1
Scholarship details: To be eligible to apply for the scholarship, you must:
- be an Australian citizen and resident in Australia during the application period
- be passionate about Australia and want to contribute to the country
- be accepted for the Full-time MBA course through the normal application process
To apply for the scholarship, candidates must first have been offered a place on the Cranfield MBA programme. For entry onto the MBA course, candidates will need to take the GMAT exam or the Cranfield Admission Tests. The Cranfield Admission tests will be held in Sydney, and Melbourne in February please contact us for further information and if you would like to sit the tests.
All candidates will need to submit their MBA application via the Cranfield MBA website. The deadline for these applications is 14 March 2017. The deadline for receipt of scholarship applications by CAASF is 21 March 2017.
For more information please visit: www.cranfieldalumni.org.au
Cranfield MBA Scholarship for Women
Cranfield School of Management is delighted to offer the Cranfield MBA Scholarship for Women. To recognise the contribution of women in today's business environment, this scholarship aims to give an increased number of women the opportunity to study an MBA at Cranfield.
Value: up to £14,000 towards the tuition fees
The admissions board will award the scholarships based on evidence of career progression, senior management potential and interpersonal and team-working skills.
Cranfield New Zealand Alumni Scholarship
New Zealanders have a proud tradition of success at Cranfield and in recent years New Zealanders on the course have taken academic honours and leadership awards.
Cranfield School of Management has also been key in energising the careers of a growing global community of New Zealand alumni and building on this, the School, together with their New Zealand alumni, are excited to offer the Cranfield New Zealand Alumni Scholarship for outstanding New Zealand MBA candidates.
Value: The scholarship covers full tuition fees for the full-time MBA course (£36,000). The NZ-UK Link Foundation will pay for the airfare from New Zealand to the UK.
Number of awards: One full-fee scholarship is awarded, with potential for partial bursaries towards tuition fees for other outstanding candidates. In recent years we have had up to seven New Zealanders studying the MBA in one single cohort.
Scholarship details and requirements:
Who can apply? The scholarship is open to anyone of New Zealand origin (New Zealand citizens or permanent residents) anywhere in the world.
How do I apply? There is a parallel application process – application for entry onto the MBA course and application for the scholarship. For application onto the MBA, candidates will need to take GMAT or the Cranfield Admission Tests. Candidates intending to, or who have already taken GMAT, will need to submit their MBA application via the Cranfield MBA website by 30 April 2017.
All applicants for the scholarship will need to submit a separate application by 29 May 2017.
For the scholarship:
- Complete and submit the scholarship application form
- Successful applicants will be short-listed and interviewed by a panel including a Cranfield alumnus and a representative of the NZ-UK Link Foundation
- Interviews will take place in June 2016 in Wellington. Interviews may be arranged in London for UK-based candidates; other venues or telephone/Skype interviews may also be arranged, although face-to-face contact is strongly preferred.
A decision will be made shortly after the interviews have taken place.
To be eligible for the scholarship, candidates must first have been offered a place on the Cranfield MBA.
Where can I find further information? Further information about the scholarship application process is available from Ivor Smith, in New Zealand on +64 (0) 21 895 617 or at email@example.com and David Thompson, MBA 1969, in the UK on +44 (0) 1296 682384 or at firstname.lastname@example.org.
Leo Murray Entrepreneurship Scholarship
The Leo Murray scholarship was set up in honour of Professor Leo Murray who retired as Director of the School of Management in 2003.
Course: Full-time MBA
Value: up to £14,000 towards the tuition fees
Number of awards: 1
Scholarship details: The award will be granted to a candidate who has achieved significant academic and career success to date, and who can demonstrate both individual strengths and entrepreneurial spirit.
Relithan (Technology) Scholarship
The Relithan Scholarship will be awarded to outstanding individuals who will use their Cranfield experience to pursue a productive executive role in a business which creates value in the development and delivery of technology.
Preference will be given to individuals whose career track record reflects the highest standards of responsible and ethical business practice and suggests that their future career intentions will lead to demonstrably enhancing the lives of others.
Number of awards: 1
Eligibility: The Scholarship recipient will be selected on the basis of merit and financial need and the award will be made to an individual who would not be able to attend Cranfield without financial assistance. This scholarship will be awarded by the Director of the MBA programme in consultation with the MBA admissions team, in line with the School’s standard admissions practices and procedures.
Deadline for Application: 1 May 2017
*The University reserves the right to transmute the scholarship into a loan if recipients go on to pursue a career outside the technology sector.
Cranfield School of Management is delighted to be able to offer Santander Scholarships to MBA applicants from all countries supported by the Santander Universities network.
The Scholarships is open to successful MBA candidates who want to pursue a full-time MBA at Cranfield School of Management and who have a desire to move into a Financial Services leadership role.
Award: £7,000 towards the tuition fees
Number of awards: 4
Scholarship details: Nationals from the following countries are eligible to apply for a Santander Scholarship - Argentina, Brazil, Chile, China, Colombia, Germany, Mexico, Peru, Poland, Portugal, Puerto Rico, Russia, Singapore, Spain, Uruguay, USA and Venezuela.
Find out more on the Santander Universities website.
Simon Rowlands MBA 1986 Scholarship Fund
The Simon Rowlands MBA Scholarship is for two successful MBA candidates from the UK and EU who want to pursue a full-time MBA at Cranfield School of Management.
Award: £5,000 towards the tuition fees
Number of awards: 1
The deadline for these Scholarships 1 May 2017.
The Worshipful Company of Farmers scholarship
Cranfield School of Management in conjunction with the MBA Agrifarm Charitable Foundation, is offering a suitably qualified British farmer, or someone closely associated with farming, the opportunity to study for the Cranfield MBA.
Value: up to £36,000
Number of awards: 1
Scholarship details: Scholarship interviews will be held with the Director of the Agrifarm Charitable Foundation and the awards will be granted to candidates who can demonstrate not only that they will benefit from studying at Cranfield, but also the leadership qualities that will enable them to act in the vanguard of management change in the UK agricultural industry.
The selection criteria for the scholarships will be based on both:
Strength of the application: an applicant's achievements, academic credentials, professional track record and personal merit.
Interview: an assessment of the applicant's communication and interpersonal skills, leadership and/or entrepreneurial potential as well as the candidate's likely contribution to the professional and cultural make-up of the cohort.
Haniel Scholarship Program
Together with the German National Academic Foundation, the Haniel Foundation has been supporting young graduates since 1992.
It offers up to eight scholarships every year for a business-related postgraduate course in or outside Europe. This allows young German scholars to acquire supplementary qualifications to take up responsibilities in multinational companies and international organisations.
What it covers
- Monthly full scholarship EUR1,500 euro
- Tuition fees for max. 2 years (UK up to EUR12,000 / year)
- Travel allowance of EUR1,000
Who can apply
Open to students of all disciplines who are interested in economic issues who will study a business related postgraduate course Completed university or college degree (at least Bachelor)at the latest when the program starts Applicants must be younger than 35 yearsFurther information
The scholarship programme is one of the most highly subsidised programmes in Germany. It consists of a Master's degree course lasting at least two semesters. This is then followed by an internship of several months. The minimum requirement for applicants is a Bachelor's degree. The German National Academic Foundation is in charge of the application process and selects the scholars to receive support.
How to apply
Please refer to the Haniel Stiftung Scholarship web page for instructions on how to apply.
Future Finance Scholarship
Cranfield University is proud to partner with Future Finance to help ambitious students afford a great education. The new Future Finance Scholarship is for exceptional candidates applying for the Executive MBA.
Value: £5,000 towards tuition fees
Number of awards: 1
Scholarship details: To be eligible students must have achieved a first class honours or 2:1 (or equivalent) in their first degree and have applied for admission for the Cranfield Executive MBA. Applicants must complete the attached application form and return to email@example.com. Applications will be evaluated on the following considerations:
- Academic achievement (and applicable work experience) in relevant area of study
- Demonstrated passion for course subject area
- Financial need/ benefit the scholarship will provide
The Spotcap Fintech Fellowship
The Spotcap Fintech Fellowship is worth £8,000 for UK students pursuing a postgraduate degree in study related to financial technology.