Certain financial aid packages may be given in the form of grants that do not have to be repaid and may cover some or all costs of studies. These usually come with stipulations, such as the supposition that the student will return to his own country on completion of MBA studies. In cases where the loan does need to be repaid, there will probably be some sort of benefit, such as a long repayment period.
Three options for MBA finance ranking:
- Support from the School of Business: Scholarships and Bursaries are offered at a number of schools. These are usually offered on a competitive basis. The student applies for MBA Finance Ranking and if he meets the criteria, he will be offered funds. Schools wishing to attract students from particular countries, professions, ethnic groups will offer aid under a number of different variants. They may offer jobs as research assistants to help with fees, for instance. Prospective students would be wise to check for MBA Finance Ranking in the Prospectus, Website, etc. or ask for them.
- Support from governments, charities by grants/scholarships and bursaries.
- Support from financial institutions