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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).
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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
Frequently asked questions
How many government schemes actually fund MBAs for international students?
Can I get a government-funded MBA in the UK, USA, or Germany?
Do I have to return home after a government-funded MBA?
Are there schemes specifically for developing-country applicants?
Can I combine a government scholarship with a university merit award?
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.

Christian Chinonso is the founder of LearnViaHub, with 6+ years of research experience in international education — including GPA systems, scholarships, student financing, and study-abroad guidance — for students worldwide.