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Scholarships and funding

Discover the funding opportunities available to you

If you need funding for your Masters course, you should research your options as soon as possible.

Funding opportunities

There are a number of funding options for Masters courses and these will vary depending on whether you’re a student from the UK, EU or an international student from outside the EU.

Please note: only one scholarship award can be allocated per student. If you receive an external scholarship award or postgraduate loan which only covers part of your tuition fee, you can still be considered for an Alliance MBS scholarship.

Funding for UK and EU students

If you are a prospective Masters student from the UK or EU, there are potential sources of funding available.

The UK Government has confirmed that Postgraduate Loans will be offered to UK and EU students starting a masters course in the 2018/19 academic year. If you are eligible, non means-tested loans of up to £10,280 will be available for use towards course and living costs.

If you are a student from another EU country, you will continue to remain eligible for financial support for Masters courses starting in September 2018 and will continue to have access to student loans and grants, even if the course concludes after the UK’s exit from the EU.

Find out more about funding for UK and EU students >>

Manchester Alumni Scholarship Scheme

The Scholarship is offered to students and alumni of The University of Manchester enrolling on one of the Business School's taught Masters courses in September 2018. To reward academic merit, we give a £3,000 award to those achieving a first class honours degree and £1,000 for an upper second class honours degree (2:1, with 60% average). The award is deducted from the course tuition fee at registration.

Find out more about the Manchester Alumni Scholarship Scheme >>

Masters scholarships for Accounting and Finance programmes for UK/EU students 2018 entry

We are offering five scholarships across the four Accounting and Finance courses with a value of £10,000 towards the cost of the tuition fee.  The scholarships will be awarded in line with our scholarship deadlines so early application is advisable.

All UK/EU applicants who hold an offer of a place to study on one of the following courses:

  • MSc Accounting
  • MSc Accounting and Finance
  • MSc Finance
  • MSc Quantitative Finance

All applicants who hold an offer will automatically be considered for a scholarship. There is no scholarship application process.

Decisions are made on merit rather than financial need. Scholarships are awarded if you:

  • Are able to demonstrate excellent academic performance
  • Are on track to obtain, or who have graduated with a 2:1 or 1st UK undergraduate degree or overseas equivalent
  • Have previously studied at a University with a strong academic reputation and ranking
  • Have the potential to contribute and enrich all aspects of the Masters programme and the diverse academic and cultural profile of the Masters class.

Scholarships are awarded in line with our selection deadlines. If you have been successfully awarded a scholarship you will be contacted on or before your selection deadline via email. If you have not received a scholarship award by your initial deadline, you may still be considered in the next selection round.

You will only be contacted if you have been successfully awarded a scholarship.

Masters scholarships for US residents 2018 entry

Five scholarships are available across all our Masters courses, with a value of £10,000 towards the tuition fee. The scholarships will be awarded in line with our application deadlines so early application is advisable.

You are eligible if you are a US resident with an offer to study on one of our Masters programmes.

There is no scholarship application process. If you are eligible you will be automatically considered.

Decisions are made on merit rather than financial need. Scholarships are awarded if you:

  • Are able to demonstrate excellent academic performance
  • Are on track to obtain, or who have graduated with, a minimum high 2.1 or 1st UK undergraduate degree or overseas equivalent.
  • Have previously studied at a University with a strong academic reputation and ranking.
  • Have the potential to contribute and enrich all aspects of the Masters programme and the diverse academic and cultural profile of the Masters class

Scholarships are awarded in line with our selection deadlines. If you have been successfully awarded a scholarship you will be contacted on or before your selection deadline via email. If you have not received a scholarship award by your initial deadline, you may still be considered in the next selection round.

You will only be contacted if you have been successfully awarded a scholarship.p.

Masters scholarships for Vietnam residents 2018 entry

Two scholarships are available across all our Masters courses, with a value of £10,000 towards the tuition fee. The scholarships will be awarded in line with our application deadlines so early application is advisable.

You are eligible if you are a Vietnam resident with an offer to study on one of our Masters programmes.

There is no scholarship application process. If you are eligible you will be automatically considered.

Decisions are made on merit rather than financial need. Scholarships are awarded if you:

  • Are able to demonstrate excellent academic performance
  • Are on track to obtain, or who have graduated with, a minimum high 2.1 or 1st UK undergraduate degree or overseas equivalent
  • Have previously studied at a University with a strong academic reputation and ranking.
  • Have the potential to contribute and enrich all aspects of the Masters programme and the diverse academic and cultural profile of the Masters class

Scholarships are awarded in line with our selection deadlines. If you have been successfully awarded a scholarship you will be contacted on or before your selection deadline via email. If you have not received a scholarship award by your initial deadline, you may still be considered in the next selection round.

Masters scholarships for UK/EU/international students 2018 entry

We have a number of partial scholarships across all of our courses. 

All UK/EU/international applicants with an offer of a place to study on one of the School’s Masters courses are eligible.

There is no scholarship application process. If you are eligible you will be automatically considered.

Decisions are made on merit rather than financial need. Scholarships are awarded if you:

  • Are able to demonstrate excellent academic performance
  • Are on track to obtain, or have graduated with a minimum high 2.1 or 1st UK undergraduate degree or overseas equivalent
  • Have previously studies at a University with a strong academic reputation and ranking
  • Have the potential to contribute and enrich all aspects of the Masters programme and the diverse academic and cultural profile of the Masters class.

Scholarships are awarded in line with our selection deadlines. If you have been successfully awarded a scholarship you will be contacted on or before your selection deadline via email. If you have not received a scholarship award by your initial deadline, you may still be considered in the next selection round.

You will only be contacted if you have been successfully awarded a scholarship.

External awards

Applications for September 2018 are now open.

If you receive an external scholarship award or postgraduate loan which only covers part of your tuition fee, you will still be considered for an Alliance MBS scholarship.

For applicants from the USA only and includes tuition and living expenses. Applications for September 2017 are now closed.

Find out more about Fulbright Scholarships >>

For high calibre international students with the personal intellect and interpersonal qualities needed for leadership.

The application deadline is 7 November 2017.

Find out more about Chevening Scholarships >>

For students from a developing Commonwealth country.

Find out more about Commonwealth Scholarships >>

Offered by the Foreign and Commonwealth Office (FCO) and HSBC for postgraduate students studying in the UK.

Find out more about HSBC Chevening Scholarships >>

Further funding information

The University website has further advice on funding for Masters courses >>

Masters Degree Courses - Take the next steps