Best Government-Funded MBA Scholarships for International Students (2027–28)

Last Updated: 9 October 2026 · Covers the 2026/27 and 2027/28 cycles
Written by LearnViaHub Editorial Team · Reviewed by Christian Chinonso

QUICK ANSWER

Eight government schemes can plausibly fund MBA study for internationals — but only three confirm MBA eligibility in their own documentation: Chevening (UK), DAAD EPOS’s SEPT MBA (Germany), and GKS (South Korea, at selected schools). Five more are conditional — MBA eligibility varies by country, programme, or university: Fulbright (USA), MEXT (Japan), Australia Awards, CSC (China), and Türkiye Scholarships. Two newer schemes worth knowing: GOI-IES (Ireland, tuition waiver + €10,000, but excludes Trinity’s MBA) and Manaaki (NZ, qualification name varies by university).

Three schemes often miscategorised as MBA funders do not fund MBAs at all: Commonwealth Master’s (excludes MBAs), Swiss Government Excellence (research and PhDs only), and Becas Chile (explicitly excludes MBA and LLM).

All 10 schemes at a glance

Ranked by confirmation status. The MBA eligibility column is the one that matters most — “confirmed” means the scheme’s own documentation states MBA funding; “conditional” means eligibility depends on your country, the specific programme, or the university.

# Scheme Funder MBA eligibility Amount Deadline
1 Chevening UK (FCDO) ✅ Confirmed (£22k cap) Tuition £22,000 cap + stipend + airfare + visa Closed 6 Oct 2026
2 DAAD EPOS — SEPT MBA Germany (DAAD) ✅ Confirmed (specific programme) €992/mo + insurance + travel; tuition coverage uncertain Closed 1 Oct 2026
3 Global Korea Scholarship (GKS) South Korea (NIIED) ✅ Confirmed (selected schools, e.g. SKK GSB) Full tuition + allowance + airfare + 1 yr language Feb–Apr 2027 (embassy/university tracks)
4 Fulbright Foreign Student USA (State Dept) ⚠️ Country-dependent Varies; some commissions cap Country-specific, typically May–Jun
5 MEXT Japan (MEXT) ⚠️ Selected universities ¥144,000/mo Master’s + tuition exemption + airfare Embassy: Apr–May 2027
6 Australia Awards Australia (DFAT) ⚠️ Country + sector dependent Full tuition + airfare + living + OSHC Feb–Apr 2027 for 2028 intake
7 CSC (China) China (CSC) ⚠️ University by university Tuition waiver + RMB 3,000/mo + accommodation + insurance. Coverage varies. Jan–Apr 2027 (Type B); embassy Type A varies
8 Türkiye Scholarships Türkiye ⚠️ Programme-dependent Tuition + accommodation + insurance + stipend + 1 yr language 10 Jan – 20 Feb 2027
9 Government of Ireland (GOI-IES) Ireland (HEA) ⚠️ University by university Full tuition waiver (1 yr) + €10,000 stipend 12 March 2027 (5pm Irish time)
10 Manaaki (New Zealand) NZ (MFAT) ⚠️ Qualification varies by university Full tuition + living + airfare + insurance Opens 1 March 2027

Eligibility matrix — which nationalities are eligible

Government schemes are the most nationality-gated category of funding. Checking this table first saves the most wasted time.

Scheme Open to Not open to Return obligation?
Chevening 160+ eligible countries and territories UK nationals; some sanctioned countries Yes — 2 years
DAAD EPOS — SEPT MBA Citizens of developing/emerging economies; 2+ years work experience EU/developed economies Expected (not contractual)
GKS ~150 countries; under 40 Korean nationals Not verified
Fulbright Foreign Student Country-specific via each Commission US citizens (use US Student Program) Yes — 2-year home residency (J-1 212e)
MEXT Countries with diplomatic relations with Japan Japanese nationals No bond obligation
Australia Awards ~50 eligible countries (check OASIS list) Developed countries; non-partner countries Yes — 2-year return commitment
CSC (China) Broad (non-Chinese citizens) Chinese nationals No formal obligation
Türkiye Scholarships All nationalities except Türkiye; under 30 for Master’s Turkish citizens No formal obligation
GOI-IES Non-EU/EEA, non-UK, non-Swiss EU/EEA, UK, Swiss citizens None; includes 2-year stay-back visa
Manaaki Eligible Pacific nations + 9 Asian countries Non-partner countries Yes — 2-year return; debt to NZ Government if breached

Key rule: scheme eligibility rotates year to year. Confirm your country on the scheme’s own page before applying.

Three confirmed MBA funders

1. Chevening Scholarship (UK)

MBA eligible? ✅ Yes. One-year taught Master’s at any UK university, including MBAs.

Amount: Tuition up to £22,000 (universities expected to cover at least 20% of the tuition element) + monthly living allowance + round-trip airfare + visa costs + arrival/departure allowances. See the Chevening MBA guide for the £22,000 gap calculation.

Eligibility: Citizen of a Chevening-eligible country; 2,800 hours (2 years) of post-degree work experience; commit to returning home for two years.

Competitiveness: approximately 1,500 awards per year (gov.uk). No published acceptance rate.

Biggest catch: The £22,000 MBA tuition cap. Also: no Graduate route visa — scholars must return home for two years.

2. DAAD EPOS — SEPT MBA, Leipzig (Germany)

MBA eligible? ✅ Yes, for one specific EPOS-listed programme: the SEPT MBA at Leipzig University.

Amount: €992/month stipend + insurance + travel allowance. Tuition status uncertain — Leipzig lists a €6,000 programme fee and neither the DAAD listing nor the Leipzig FAQ states whether EPOS scholars are exempt. Email [email protected] before planning.

Eligibility: Citizens of developing/emerging economies; 2+ years of relevant professional experience.

Competitiveness: 7 awards from 421 applications across 65 countries in the 2024 round — roughly 1.7%.

Biggest catch: EPOS is a programme list, not a scholarship category. Only the specific listed programme qualifies.

3. Global Korea Scholarship (GKS)

MBA eligible? ✅ Yes, at selected Korean business schools. Confirmed example: SKK GSB Full-Time MBA at Sungkyunkwan University.

Amount: Full tuition + monthly allowance + round-trip airfare + 1-year Korean language course.

Eligibility: Citizens of ~150 partner countries; under 40; academic thresholds apply (typically 80th percentile GPA or equivalent).

Biggest catch: SKK GSB GKS scholars must complete the full curriculum in Korea — not eligible for exchange or dual-degree programmes. TOPIK 3 required after the language year.

Five conditional schemes — MBA eligibility varies

These schemes fund graduate study broadly. Whether they fund an MBA depends on your country, the specific programme, or the university. Approach each with a direct check on the MBA-specific rules before applying.

4. Fulbright Foreign Student (USA)

MBA eligible? ⚠️ Country-dependent. Morocco’s commission calls the MBA “the most competitive area” for its grants. Egypt restricts its MBA grant to non-business full-time faculty and research-centre staff. South Africa, Nigeria, Jamaica exclude MBA entirely. See the Fulbright MBA guide for country-by-country detail.

Amount: Varies by commission. Some cap the award; the grant generally won’t cover full cost.

Biggest catch: You must confirm MBA eligibility through your country’s commission before committing to an application.

5. MEXT (Japan)

MBA eligible? ⚠️ At selected Japanese universities. Hitotsubashi ICS, for example, has a MEXT-funded MBA student on its own site. Not every MBA accepts embassy-recommended scholars.

Amount: Tuition exemption + ¥144,000/month (Master’s) + round-trip airfare.

Biggest catch: Confirm with the target university’s international office before applying via the embassy route. Some institutions only accept MEXT students through internal university recommendation.

6. Australia Awards

MBA eligible? ⚠️ Country and sector-dependent. Cambodia, Laos, and Vietnam explicitly exclude MBA and general business degrees. The pan-African programme restricts awards to specified priority sectors (agriculture, climate, foreign policy, gender equality, mining governance) — none of which include business or MBA.

Amount: Full tuition + return airfare + establishment allowance + living expenses + Overseas Student Health Cover. Family costs are the scholar’s responsibility — DFAT estimates an additional AUD 7,100/year for a spouse and AUD 3,040/year per child.

Biggest catch: Check your country’s priority list before assuming an MBA is eligible. Where MBA is not on the list, the application will be rejected regardless of merit.

7. Chinese Government Scholarship (CSC)

MBA eligible? ⚠️ University by university. Tuition coverage varies significantly:

  • Tongji University: Full-Time MBA requires tuition to still be paid (RMB 129,000/year) even with a CSC award.
  • Peking University HSBC Business School: States a CSC grant “will not fully cover the tuition cost.”
  • Chongqing University: International MBA is a full-scholarship programme under the CSC Youth of Excellence Scheme.
  • Tsinghua: Requires MBA pre-admission before the CSC application can be accepted.

Biggest catch: Confirm tuition coverage in writing with your target university before assuming CSC is a full ride. See the full CSC MBA guide.

8. Türkiye Scholarships

MBA eligible? ⚠️ Programme-dependent. Türkiye Scholarships funds Master’s-level study at participating Turkish universities; MBA availability varies by intake.

Amount: Tuition + accommodation + health insurance + monthly stipend + airfare + mandatory one-year Turkish language course for scholars who don’t already speak Turkish.

Competitiveness: Close to 200,000 applications in 2026 against an annual intake of ~4,000.

Biggest catch: The language year extends total time in Türkiye by one year. See the full Türkiye MBA guide.

GOI-IES and Manaaki — two schemes often missed

9. Government of Ireland (GOI-IES)

MBA eligible? ⚠️ University by university. Trinity’s GOI-IES page explicitly excludes the MBA from eligible programmes. UCD doesn’t state either way — ask them directly.

Amount: Full tuition waiver for one year + €10,000 stipend. 60 awards per year across all institutions.

Eligibility: Non-EU/EEA, non-UK, non-Swiss. Admission-first rule: you must hold an unconditional Irish university offer before applying for the scholarship.

Biggest catch: If you’re targeting Trinity’s MBA, GOI-IES is not available. See the full GOI-IES MBA guide.

10. Manaaki New Zealand Scholarships

MBA eligible? ⚠️ Qualification name varies by university:

  • Otago — standard MBA (confirmed)
  • Massey — standard MBA (confirmed)
  • Victoria — Executive MBA is the international-eligible business qualification
  • Auckland — on-campus MBA is domestic-only; internationals pursue Master of Commerce or Master of Management instead
  • Canterbury — no MBA listed under Manaaki; Master of Business instead

Biggest catch: Confirm your target university’s Manaaki flyer before applying. See the full Manaaki guide.

Home-country government schemes

Some governments fund their own citizens to study MBAs abroad. These schemes aren’t on the international-facing list above because they’re nationality-restricted, but if you’re a national of one of these countries, they’re often the strongest route available.

Scheme Country MBA eligibility
LPDP Indonesia ✅ Confirmed — includes LPDP–NTU MBA partnership
Bolashak Kazakhstan ⚠️ Conditional — priority-specialty list dominated by STEM; business/economics appears in some years only
SECIHTI (ex-CONACYT) Mexico ⚠️ Conditional — business/MBA applicants ranked lower priority than STEM
Saudi KASP Saudi Arabia ⚠️ Conditional — approved field list includes business-adjacent disciplines; no “MBA” named specifically
COLFUTURO Colombia ⚠️ Public-private mix. Funds MBA/management study at a reduced forgiveness rate (20–25% vs 40% for other fields).

If you’re not a national of any of these countries, the international-facing schemes (Sections 1–10 above) are your primary routes.

Three schemes that appear on “government MBA” lists — but don’t fund MBAs

Commonwealth Master’s Scholarship (UK)

The CSC FAQ states explicitly: “The CSC does not fund MBAs or any research Master’s programmes.” The Commonwealth Shared Scholarships programme permits MBA courses only in exceptional circumstances with a direct development focus, and the course must be approved by the CSC.

What to apply for instead: The CSC funds one-year taught master’s programmes including business-adjacent MSc qualifications — MSc Management, MSc International Business, MSc Development Economics, MSc Finance, MSc Entrepreneurship & Innovation, MSc Public Policy. None of these is an MBA, but each may qualify for Commonwealth funding if on the Shared Scholarship approved list.

Swiss Government Excellence Scholarships

For 2027–28, the scheme covers research fellowships and PhDs. Bachelor’s and Master’s programmes are not eligible, except a limited Master’s in Arts track for a select set of countries. MBA study does not qualify.

Becas Chile

The programme’s own terms state the award is “for study in any subject except LLM and MBA degrees.” A hard exclusion — no case-by-case exceptions.

Deadline calendar — 2027/28 cycle

The single biggest reason applicants miss out is deadline density. Most schemes cluster into the same October–March window. Here is the timeline for the coming cycle.

Window Schemes open Action
Closed 1 Oct 2026 DAAD EPOS SEPT MBA Next window expected 1 Aug 2027.
Closed 6 Oct 2026 Chevening Next cycle expected August 2027.
Closes 20 Oct 2026 Commonwealth Master’s (non-MBA) Only relevant if you have a business-adjacent MSc.
10 Jan – 20 Feb 2027 Türkiye Scholarships Use all 12 preference slots. Submit by early February.
Late Jan 2027 GOI-IES opens Must already hold unconditional Irish university offer (not Trinity MBA).
1 Feb 2027 Australia Awards 2028 intake opens Check MBA is on your country’s priority list.
Feb – Apr 2027 GKS (embassy and university tracks) Confirm SKK GSB or target school accepts GKS scholars.
1 Mar 2027 Manaaki opens Confirm target university’s Manaaki flyer before applying.
12 Mar 2027 GOI-IES closes Submit 48 hours early.
Apr – May 2027 MEXT embassy route opens; CSC Type B closes Confirm MBA acceptance with target university first.
May – Jun 2027 Fulbright (country-specific) Check your country’s commission for exact dates.

Common mistakes — verified against official sources

•
Assuming Commonwealth funds MBAs. The CSC FAQ states: “The CSC does not fund MBAs or any research Master’s programmes.” Shared Scholarships permit MBA courses only in exceptional cases with development focus.
•
Assuming CSC fully covers MBA tuition. Tongji requires tuition to still be paid (RMB 129,000/year) with a CSC award. PHBS says CSC “will not fully cover the tuition cost.” Coverage varies by school.
•
Assuming Fulbright funds MBAs everywhere. Country-specific. Morocco flags MBA as “most competitive.” Egypt restricts MBA grants to non-business faculty. South Africa, Nigeria, Jamaica exclude MBA.
•
Not checking the Australia Awards priority-sector list. Cambodia, Laos, Vietnam exclude MBA. The pan-African programme restricts to specified priority sectors that exclude business.
•
Applying to GOI-IES without an unconditional Irish university offer. The portal requires the offer letter. A conditional offer won’t work.
•
Assuming Manaaki funds “the MBA” universally. The qualification name varies by university — Auckland MBA is domestic-only; Canterbury has no MBA under Manaaki.
•
Treating expected dates as confirmed. A date marked “expected” or “unpublished” has not been announced.

Frequently asked questions

How many government schemes actually fund MBAs for international students?
Three with MBA eligibility confirmed in their own documentation (Chevening, DAAD EPOS’s SEPT MBA, GKS). Five where MBA funding depends on your country, programme, or university (Fulbright, MEXT, Australia Awards, CSC, Türkiye). Two newer schemes worth knowing (GOI-IES, Manaaki) round out the ten.
Can I get a government-funded MBA in the UK, USA, or Germany?
Yes — but each with caveats. UK: Chevening (£22,000 MBA cap). USA: Fulbright (country-specific MBA eligibility). Germany: DAAD EPOS (only the specific SEPT MBA at Leipzig — tuition coverage uncertain). Confirm the current rules on each funder’s page before applying.
Do I have to return home after a government-funded MBA?
Depends on the scheme. Chevening and Australia Awards require two years back in your home country. Fulbright requires a two-year J-1 home residency. Manaaki creates a debt to the NZ Government if you don’t return. DAAD EPOS expects return but doesn’t require it contractually. MEXT, Türkiye, CSC, and GOI-IES have no formal return obligation.
Are there schemes specifically for developing-country applicants?
Yes — several target developing-country applicants specifically: DAAD EPOS (developing and emerging economies), Australia Awards (~50 eligible developing countries), Commonwealth Scholarships (low and middle-income Commonwealth countries), and Manaaki (partner developing countries). These are often less competitive than globally-open schemes because the applicant pool is smaller.
Can I combine a government scholarship with a university merit award?
Sometimes. Government schemes like Chevening and Fulbright generally prohibit holding another major government award at the same time. University merit awards can often be combined with external scholarships up to the total cost of attendance. Always disclose other funding sources and read the terms of each award before accepting.

Related guides

MBA Scholarships for International Students

The hub — all 10 schemes with funding gaps and deadline calendar.

Chevening MBA guide

The £22,000 cap, MBA course selection, and the gap calculation.

10 Fully Funded MBA Scholarships

Programmes that cover the full cost — 7 that fund an MBA, 3 that don’t.

Content written by LearnViaHub team, reviewed by Christian Chinonso.

Disclaimer: MBA eligibility, award structures, deadlines, and eligibility criteria change annually. All classifications and figures in this guide were checked against each provider’s own website in October 2026. Confirm current details before applying. LearnViaHub is not affiliated with any government scheme named.


Leave a Comment