Financing · 2026

European MiMs with notable scholarships.

The 15 Master in Management programs below stand out for their scholarship support — named awards, generous merit schemes or routes that can cut tuition dramatically — ranked by Financial Times standing. Amounts and rounds change each cycle, so each links to its full profile and the school’s own funding page.

A scholarship shouldn’t decide where you study — fit, rankings and outcomes matter more than a discount — but for many applicants it decides whether the degree is affordable at all. The good news: scholarship support is widespread across European business schools, and at this price point a partial award can be worth more than a year’s living costs.

The schools below are Master in Management programs we profile that offer especially notable scholarship support — a named award, a generous merit scheme, or a financing route (like a French apprenticeship contract) that can cut tuition toward zero. Each is ranked by its Financial Times standing, with a one-line note on what makes its funding distinctive. Because award sizes, eligibility and deadlines are reset every cycle, treat this as a shortlist of where to look, then confirm the current detail on the school’s own funding page. For how scholarships actually work — the categories, the external and government schemes, and how to win one — start with our guide to how MiM scholarships work in Europe.

  1. FT #1 University of St. Gallen St. Gallen, Switzerland Swiss Federal Commission for Scholarships for Foreign Students, plus HSG-administered awards including HSG Talents and country-specific funds.
  2. FT #2 HEC Paris Jouy-en-Josas, France Merit and need-based scholarships across the master’s portfolio, including the French government’s Eiffel Excellence Scholarship for selected international students.
  3. FT #4 Nova School of Business and Economics Lisbon (Carcavelos), Portugal A portfolio of merit and need-based scholarships at one of the lowest tuitions in the FT top tier.
  4. FT #10 London Business School London, the UK Merit and need-based support — around a fifth of LBS graduate-master’s students receive a scholarship.
  5. FT #12 emlyon business school Lyon, France Merit and need-based awards, including dedicated scholarships for women, international and entrepreneurship-focused applicants.
  6. FT #13 Università Bocconi Milan, Italy Need-based aid, merit awards and the ISU regional scholarship for low-income international students.
  7. FT #22 WHU – Otto Beisheim School of Management Vallendar, Germany The Responsible Leader Scholarship, worth 75% of tuition (applications considered by 30 March).
  8. FT #25 Audencia Business School Nantes, France An apprenticeship / alternance track where a partner employer funds tuition for part-time work — cutting out-of-pocket cost toward zero for eligible students.
  9. FT #27 IE Business School Madrid, Spain Merit and need-based scholarships, the IE Foundation and country-specific funds (notably for Latin American, African and Asian candidates).
  10. FT #30 NEOMA Business School Reims, France Merit scholarships covering part of the fee for strong candidates.
  11. FT #32 Luiss University Rome, Italy Merit scholarships for strong candidates, plus a 20% reduction for siblings.
  12. FT #36 EADA Business School Barcelona, Spain An unusually broad merit-scholarship scheme covering up to 35% of tuition.
  13. FT #40 Warwick Business School Coventry, the UK Merit and need-based scholarships, plus the University of Warwick’s own bursary and funding schemes.
  14. FT #54 TUM School of Management Munich, Germany Merit-based scholarships and the Deutschlandstipendium, with external DAAD funding open to international applicants.
  15. FT #60 Hanken School of Economics Helsinki, Finland An Early-Commitment 25% fee reduction and a GBSN Honor Scholarship that can waive 100% of fees for qualifying students from developing countries.

Scholarship notes are taken from each school’s profile and were correct at last review; award sizes, eligibility and deadlines change every cycle. Always confirm the current scholarships and criteria on the school’s official funding page before you rely on them — the same caveat we apply to deadlines and fees across the site.

Common questions

Which European MiM programs offer the best scholarships?
Many of the 62 European Master in Management programs we profile offer scholarships; this page highlights the 15 with the most notable or distinctive support — from WHU’s 75%-of-tuition Responsible Leader Scholarship and EADA’s up-to-35% merit scheme to Hanken’s GBSN award (which can waive fees entirely) and Audencia’s apprenticeship route that can cut tuition toward zero. "Best" depends on your nationality, profile and need, and amounts change every cycle, so treat this as a starting point and confirm the current award on each school’s own funding page.
How do MiM scholarships in Europe actually work?
Most are partial, not full, and are usually allocated on a rolling basis tied to the admission round — so applying early improves both your odds and your funding visibility. Schools mix merit awards (often automatic from your application), need-based aid, diversity and regional scholarships, and external or government schemes (such as France’s Eiffel programme or Germany’s DAAD). Our explainer, "How MiM scholarships work in Europe," walks through every category and how to win one.
Are these scholarship amounts guaranteed?
No. The notes here describe each school’s published scholarship support at our last review, drawn from its profile, but award sizes, eligibility and deadlines change every admissions cycle and are decided by each school’s committee. We deliberately avoid quoting amounts that go stale. Always confirm the current scholarships, criteria and rounds on the school’s official funding page before you rely on them.
Can I get a full-ride MiM scholarship in Europe?
Full funding exists but is rare and competitive. A handful of schools and external schemes can cover all or most of tuition — Hanken’s GBSN Honor Scholarship can waive 100% of fees for qualifying students from developing countries, and France’s contrat d’apprentissage can have an employer fund tuition entirely — but most awards are partial. The realistic strategy is to stack a partial school scholarship with external/government funding and, where relevant, a low-tuition or free public program. See our cheapest-MiM list and the scholarships explainer for the full picture.
When should I apply to be considered for a scholarship?
As early as you reasonably can. At most European schools the scholarship budget is allocated across the admission rounds, so the earliest rounds carry the most funding as well as the most open places — applying in Round 1 with a strong file is the single biggest lever you control. Use our deadline tracker to map each school’s rounds and avoid missing a scholarship deadline.