You can begin your study virtually anywhere. Gratifying IMD is now taking applications for their MBA scholarship program. This page discusses the scholarship program, its requirements, as well as the benefits of participating in it.

You will learn how to lead in the digital, entrepreneurial, and global business world if you attend a top European school that offers a full-time MBA program. This is a trip that will change your life forever and provide you with excellent opportunity to network professionally. If you want to make a meaningful impact in a world that is getting tougher every day, this is the trip for you. Attend the Master of Business Administration program at Lausanne for one year.

Even if they do not have the financial means to do so, outstanding achievers from all over the world are encouraged to submit applications for the MBA program because of the scholarships.

All costs associated with the IMD MBA Scholarships 2023–2024 will be covered for overseas students. MBA students will receive help from this scholarship. IMD Scholars may be eligible for a maximum award of CHF 85,000.

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Scholarship Summary

Level of Study: MBA is the Level of Study
Institution(s): IMD
Study in: Switzerland
Courses Offered: MBA- Masters in Business Administration
Deadline: Dates of the deadlines are as follows: January 15 (waiver of the fee of the early bird application), February 15, 2023, April 15, 2023, and June 15, 2023

Scholarship Coverage

The recipient of the IMD MBA Scholarships 2023-2024 will receive one of each of the following scholarships:

IMD Alumni Club of Lausanne Scholarship:

The sum of 50,000 CHF as the amount
The application deadline for admissions is February 1st.
Learn more about the top student in the class of 2020

Forté Women Scholarships:

A total of 20,000 Swiss Francs
- Submit your application by the admissions deadline on either February 1 or May 1.
- Take a look at the exemplary students of the class of 2020.

Stewart Hamilton Scholarship:

A monetary requirement of CHF 50,000
An application deadline of either February 1 or May 1
Make sure you familiarize yourself with the history of the scholarship.
Read about the scholarship’s foundation

IMD MBA Class of 1976 Scholarship:

The sum of 50,000 Swiss Francs
- The application deadline for admissions is May 1st.
- Learn more about the champion of the class of 2020 here.

The Staton Scholarship:

Amount of 50,000 Swiss Francs
Application Deadline of July 1
Watch this video testimonial brought to you by the Woods Staton Diversity Scholarships

Diversity Scholarships:

CHF 30,000 amount
Awarded with each admissions deadline

Merit Scholarships:

Awards Ranging from CHF 30,000 to CHF 30,000
Given out after each and every admissions cutoff
Learn more about some of our recipients of the Merit Award by reading the MBA blog.

Financial Need Scholarships:

Up to CHF 30,000 scholarship
Awarded with each admissions deadline

The Hilti Scholarship for Women:

Scholarships worth up to CHF 30,000 each
Given out after each and every admissions cutoff
Read more about Hilti’s viewpoint

The CO-RO Foundation Scholarship:

A scholarship in the amount of CHF 85,000 provided by the CO-RO Foundation
Submit your application by September 1
View a video testimonial from a member of CO-RO here.

The Nestlé Scholarship for Women:

A 25,000 Swiss Franc scholarship
Applications are due by September 1st

Eligibility Criteria for IMD MBA Scholarships

Candidates must meet all of the requirements outlined in the following list in order to be considered for IMD MBA Scholarships:

The required language is English, and the list of eligible countries includes every nation on earth.
At least a bachelor’s degree, or its international equivalent
Work Experience: In order to demonstrate that you are making progress in your career, we require that you have a minimum of three years of post-graduate experience working full-time. The age range that is most commonly represented in the classroom is four to nine years.
Two Recommendations: using our form, choose two people from business-related sources who are familiar with you, have worked directly with you, and are able to highlight your professional achievements, interpersonal skills, teamwork, and leadership. These people should be able to highlight your professional achievements, interpersonal skills, teamwork, and leadership.
GMAT/GRE: the typical range for a student’s score on the GMAT within their class is between 640 and 680. In spite of the fact that your one-of-a-kind experiences and accomplishments may help compensate for a lower score, we strongly advise that you shoot for a score higher than 630. (for an equivalent GRE score, see the GRE Comparison Tool). Please check that IMD is listed as one of the recipients of your score.
The TOEFL and IELTS programs are entirely presented in the English language. You will be required to provide a score from either the TOEFL or the IELTs if English is not your first language and you have not previously pursued education in English. There is not a bare minimum that must be met. We recommend a score of 7.5 on the IELTS or higher than 105 on the TOEFL (Internet-based Test). Our TOEFL IBT Code is – C301. Please get in touch with us if you have any questions about whether or not your score is appropriate.
Knowledge of a Second Language: In addition to English, we look for knowledge of a second language as a part of a candidate’s international outlook. This second language can be the candidate’s native language.

How to Apply for IMD MBA Scholarships?

In order to be considered for IMD MBA Scholarships, please follow these guidelines:

(1) To apply online, you must first create an account on this website.

Send these files to the server:

(2) Diplomas

Original copies of diplomas as well as official transcripts that include grading scales are required for any university degrees or degrees that are comparable. Documents are required to have approved translations in either English or French.

GMAT/GRE

A GMAT or GRE score that is older than five years.

Participants in the IMD are required to obtain an official score report and provide a copy of their completed test.

The code for the GMAT is SKR-MM-13, and the code for the GRE is 8490.

IELTS A score on the TOEFL or IELTS that was obtained during the past five years (for non-native English speakers who do not have a university degree taught fully in English).

Ordering an official score report and uploading a copy of the test taken by the participant are prerequisites for participation in IMD. The code for the TOEFL iBT exam is C301.

RecommendersYou are required to provide two professional references that can attest to your leadership abilities, interpersonal skills, and ability to work well with others. References should be solid.
To ensure that applicants have sufficient time to finish filling out and submitting our online form, we suggest inputting and sending applicants’ contact information at least two weeks before the application deadline. Only business-related emails allowed (no Hotmail, Gmail, or any other free services like those).

CV

A one-page resume written in English that makes use of the IMD CV template and is available here. We are unable to work with any other formats.

Photo

A high-quality digital photo that has been stripped of its background. High resolution, 150 dots per inch (DPI), 150 kilobytes (KB), and JPEG format are required.

Passport

A copy of the page of your passport that contains your photograph, which is facing front and is acceptable for the MBA program. Please attach all of the necessary documentation for each citizenship.

Application Fee

A non-refundable application fee in the amount of CHF 200 must be paid.