To support bright minds from around the world with a wide range of expertise and experience, HKUST MBA offers different scholarships and professional awards for our Full-time MBA applicants. Admitted candidates will be automatically considered for HKUST MBA Merit scholarship or professional awards based on their overall application quality. Candidates are notified of their scholarship results when they receive an offer of admission.
HKUST MBA Scholarships & Awards
HKUST MBA Merit Scholarship
The Merit Scholarship, covering up to 100% of the tuition fee, is offered to outstanding candidates who demonstrate strengths in work achievements, international exposure, academic performance (strong Bachelor’s or postgraduate degree/GMAT score), references, and interview performance.
HKUST MBA Global Citizen Award
For candidates with at least 2 years of global professional and/or academic experience, such as non-Asians with Asian exposure or language proficiency in Chinese or another Asian language, or Asians with international exposure.
HKUST MBA Women Award
For female candidates who demonstrate a strong track record in promoting women’s leadership or the potential to promote gender diversity and increase awareness of gender and viewpoint diversity.
HKUST MBA Business Technology and Innovation Award
For technopreneurs with a track record in technology or innovation or involvement in related areas for at least 2 years and who demonstrate a strong spirit to scale up their business after completing the MBA.
HKUST MBA Consulting Strategy Award
For candidates with at least 2 years of involvement in international consulting or strategy advisory firms who demonstrate good academic results and a steady career progression.
HKUST MBA Entrepreneur Award
For candidates with a proven entrepreneurial record for at least 2 years who demonstrate a strong spirit to scale up their business after completing the MBA.
HKUST MBA Diversity Award
For candidates from under-represented nationalities who can enhance the diversity of the MBA cohort and demonstrate strong performance and a steady career progression in business management, marketing, or finance.
HKUST MBA East and Southeast Asia Business Professional Award
For candidates who are citizens of an East or Southeast Asian country and demonstrate strong performance and a steady career progression in business management, marketing, or finance.
HKUST MBA India Business Professional Award
For candidates holding Indian citizenship who demonstrate strong performance and a steady career progression in business management, marketing, or finance.
Jebsen Educational Foundation MBA Scholarship (for permanent residents of mainland China and Hong Kong)
Donated by Jebsen & Co. Ltd., the Jebsen Education Foundation MBA Scholarship is available to full-time MBA students who are permanent residents of mainland China or the HKSAR. Selection is based on candidates’ academic backgrounds, work experience, and career interests.
HK$140,000 (2023 Intake)
Indonesian Education Scholarship
The Indonesian Education Scholarship (BPI) for Master’s and Doctoral Programs is a scholarship program funded by the Indonesian government through the National Trust for Education Development (DPPN) and is managed by LPDP to finance postgraduate education in Indonesian or overseas institutions.
This scholarship aims to support the supply of educated and qualified Indonesian human resources who also possess leadership qualities and a strong vision as future leaders in Indonesia. Such commitment is carried out through the provision of scholarship funding for Master’s or doctoral programs in top universities within and outside the country to those applicants who fulfill the qualifications established by LPDP. Visit https://www.lpdp.kemenkeu.go.id/ for more details.
Terry Tsang MBA Admissions Scholarship
Awarded by HKUST MBA alumnus Mr. Terry Tsang and HKUST alumnus Mr. Terence Tsang, the scholarship is offered to newly admitted candidates who demonstrate strength in work experience, international exposure, academic performance, strong references and interview performance. This scholarship can be honored in conjunction with the HKUST MBA Community Succession Scheme but not any other scholarships or awards.
For Terry Tsang MBA Admissions Scholarship and Jebsen Educational Foundation MBA Scholarship, candidates need to indicate their interest during the application (application form required for Jebsen Educational Foundation MBA Scholarship). Candidates are notified of their scholarship results when they receive an offer of admission. With the generous contribution by our MBA alumnus Mr. Terry Tsang and HKUST alumnus Mr. Terence Tsang, the Terry Tsang MBA Admissions Scholarship is open to our Full-time MBA candidates and Part-time MBA candidates. *In most cases, candidates awarded two or more scholarships can only retain one and forfeit the others. Among all scholarships or awards, only the Terry Tsang MBA Admissions Scholarship can be honored in conjunction with the HKUST Community Succession Scheme. In case of any dispute, HKUST MBA reserves the final right of decision.
Albert and Teggy Chiu MBA Scholarship
Donated by the honorable doner Mr. Albert Chiu, Executive Chairman of EFG Bank for Asia Pacific Region, the Albert and Teggy Chiu MBA Scholarship is open to full-time MBA applicants who demonstrate excellent academic result, professional achievement, and admissions performance.
HK$125,000 (open for 2023 Intake and 2024 Intake)
For Jebsen Educational Foundation MBA scholarships, candidates need to indicate their interest during the application (application form required for Jebsen Educational Foundation MBA scholarship). Candidates are notified of their scholarship results when they receive an offer of admission.
*In most cases, candidates awarded two or more scholarships can only retain one and forfeit the others. In case of any dispute, HKUST MBA reserves the final right of decision.
For Canadian citizens
The Bank of Montreal offers the Professional Student Line of Credit scheme for admitted MBA candidates from Canada. The loan is available at a competitive rate with a maximum credit limit of around CAD20,000. For more details, please visit the Student Professionals section here.
For Hong Kong residents
Hong Kong residents may be eligible for a non-means tested loan provided by the Government Student Financial Assistance Agency. The maximum loan amount is capped at the tuition fee payable, and the loan repayment period can extend to 10 years after program completion.
Our program is also listed as a reimbursable course by the Continuing Education Fund. This provides reimbursements of up to HK$20,000 for those who fulfill the criteria.
For Indian citizens
HDFC Credila, a non-bank finance company, offers an education loan to Indian citizens attending overseas universities. The loan is available at a competitive interest rate and can cover up to 100% of educational expenses. Please visit HDFC Credila's website here for more details.
For Singaporean citizens
The following two education loans are available for admitted MBA candidates from Singapore at a competitive rate.
Overseas Education Loan from Maybank
A maximum credit limit of up to eight times the monthly income of applicants. (Click here for more details)
For U.K. citizens
Candidates for our Full-time MBA program (in 16-month mode with internship and international exchange) who are U.K. residents and are intending to work in the U.K., E.U., or EEA on completing the program may be eligible for a Professional and Career Development Loan (PCDL). This is a deferred repayment commercial bank loan program administered by The Skills Funding Agency, in partnership with participating banks. The loan amount ranges from £300 to £10,000. The Skills Funding Agency will pay the bank interest on the loan on behalf of successful applicants while they are studying.
For more information, visit www.direct.gov.uk/pcdl or call 0800 100 900 to order an application pack.
Funding for current Full-time students
Franklin Fund for Business Competitions
HKUST Business School (SBM) is honored to receive a generous donation from the Morris S. Smith Foundation. Known as “Franklin Fund for Business Competitions”, the fund aims to acquire MBA students with international business competition experiences by providing financial support. Purposes The Franklin Fund is open for application for HKUST Full-time MBA students. The fund is being established for the following purposes:
• To provide partial funding support to MBA students to engage in business case, business plan and entrepreneurship competitions outside Hong Kong (including but not limited to competition entrance fees, passport and visa costs, vaccinations, travel, lodging and meals)
• To recognize and honor Professor Laurence C. Franklin for his 20 years of teaching as an Adjunct Professor at the SBM
• To encourage alumni of SBM to consider establishing and donating to the Franklin Fund or to similar endowment funds to benefit the SBM
For enquiry, please contact Full-time MBA Program Team at firstname.lastname@example.org.
The HKUST Business School and the HKUST MBA Programs are not connected and/or affiliated with the above finance companies, financial institutions, and/or organizations and do not undertake or offer assistance in engaging their services. International students shall make enquiries to the respective companies and organizations separately and seek independent advice before engaging with any study loan services.