Deciding whether and how to take an MBA program is – for many people – also a financial issue.
The fee is often substantial – and to this must be added living costs, cost of materials, travel, and for full time programs the loss of income for the period whatsApp number database of the program. For many people therefore,
This is one of their largest financial decisions
In some countries are there are some tax benefits – e.g. the fees for certain types of program attract tax relief. Some people may be fortunate and get support from their employer – but many must pay for themselves, and many therefore seek out some form of financial aid to relieve some of the burden.
This article provides some information on the type and sources of financial aid that might be available in certain circumstances.
Support from Business Schools
Many Schools offer their own scholarship or bursary schemes. In some cases their support is available on a competitive basis – i.e individuals apply, and the dish that needs to be heated must are judged in some way.
In some cases funds are made available to applicants from particular groups that the school wishes to attract to their program – e.g. people from particular countries, professions, ethnic groups etc. Some Sschools provide earning opportunities – e.g. Research Assistantships, to help offset fees. The best way of getting information is to check out the schools to which you might apply – e.g. look at their prospectus, Web pages etc., and/or ask them. Some schools also offer loans on beneficial conditions.
Support from other sources
Financial support may be available from governments, charities, companies, financial Institutions etc. There are two types – grants/scholarships and bursaries, and loans.
The former may be awarded to you to cover some or all of your costs, and you will not be required to repay the funds, although there may be other conditions attached – e.g. that you return to your own country after completing your MBA. The latter will require repayment, but the interest rates will usually be lower, or the conditions of the loan taiwan database directory beneficial in some other way – e.g. the repayment period.
NOTE: We have provided all the relevant information that we have. It is as accurate as we can make it – but always check with relevant source/organization before taking any action. Please also check out the links page at the AMBA Web site (www.mbainfo.org.uk) as there may be more information there about other Web sites that provide relevant information.
Often the financial support available will be for study in a particular country – so we have arranged the information below by country, with a general category at the end.