Funding Opportunities

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.

We are releasing new bursaries for exceptional candidates joining us in September 2019. Please contact us to find out more.

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 Cranfield to complete their Full-time MBA .

All those who qualify will receive a 50% discount on their tuition fees.

Discount Details

The scheme is open to all alumni who have completed an MSc, PhD, MRes or MDes degree at Cranfield. 

In addition:

  • 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 selected short courses will instead receive a 20% loyalty discount on tuition fees. Please contact us to find out more.


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.

Apply directly through Prodigy's online platform 

Prodigy Finance Ltd:

Palladium House
1-4 Argyll Street
United Kingdom

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.

British and European Leadership Scholarships

Cranfield School of Management is delighted to offer up to ten half-fee scholarships to our most talented self-funded British and European candidates who can demonstrate exceptional leadership potential.

Award: up to £19,500 towards the tuition fees

Number of awards: 10

Deadline: 31 March 2019

Please note these scholarships cannot be used in conjunction with any other award or discount.

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: £39,000 (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 3 March 2019. The deadline for receipt of scholarship applications by CAASF is 10 March 2019.

For more information please visit:

Cranfield MBA Scholarship for Women in STEM

Cranfield School of Management is delighted to offer the Cranfield MBA Scholarship Women in STEM. To recognise the contribution of women in the fields of science, technology, engineering, and mathematics, this scholarship aims to give an increased number of women with a background in these subjects the opportunity to study an MBA at Cranfield.

Course: Full-time

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 (£39,000). 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 into 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 27th January 2019.

All applicants for the scholarship will need to submit a separate application by 3 February 2019.

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 2019 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 and David Thompson, MBA 1969, in the UK on +44 (0) 1296 682384 orat

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.

Award: £10,000

Number of awards: 2

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: 27 January 2019

*The University reserves the right to transmute the scholarship into a loan if recipients go on to pursue a career outside the technology sector.

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: £11,000 towards the tuition fees

Number of awards: 2

The deadline for these Scholarships 31st March 2019.

The Worshipful Company of Farmers Scholarship

Cranfield School of Management in conjunction with the The Worshipful Company of Farmers, is offering a suitably qualified British farmer, or someone closely associated with farming, the opportunity to study for the Cranfield MBA.

Value: up to £39,000

Number of awards: 1

Scholarship details: Scholarship interviews will be held with the Worshipful Company of Farmers Education Committee 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.

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.

Sino-British Leadership Scholarship

The Sino-British Leadership Scholarship is awarded annually to a student above 33 years of age, either British or Chinese, who has demonstrative leadership potential for doing business between or in either Britain or China. This scholarship is also open to a British student with interest or connections in China/FE or to a Chinese person with a connection and/or an interest in Britain.

Award: up to £10,000 towards the tuition fees

Number of awards: 1

Deadline: 31 March 2019

Applicants who are awarded a scholarship will be notified at the time of the admissions decision. Students granted this scholarship are expected to help promote Cranfield in their country.