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A Master’s in Finance scholarship for international students provides financial support for talented individuals seeking advanced education in finance, banking, investment management, financial engineering, risk management, and quantitative finance at leading universities worldwide. These scholarships reduce or completely eliminate the cost of tuition while often covering living expenses, accommodation, insurance, and travel costs.
We present a comprehensive and authoritative guide to the most competitive and widely available Master’s in Finance scholarships for international students, including government-funded programs, university-based awards, and private foundation scholarships.
What a Master’s in Finance Scholarship Typically Covers
High-quality finance scholarships for international students offer structured financial packages that may include:
- Full or partial tuition coverage
- Monthly living stipend
- Accommodation allowances
- Health insurance
- Round-trip international airfare
- Academic materials and research support
Fully funded options are available, particularly for high-achieving students with strong academic and professional profiles.
Types of Master’s in Finance Scholarships for International Students
Merit-Based Finance Scholarships
Merit-based scholarships reward students with outstanding academic performance, quantitative aptitude, leadership ability, and professional achievements.
Common evaluation criteria include:
- Undergraduate GPA
- GMAT or GRE scores
- Academic awards and distinctions
- Internship or work experience in finance-related fields
Need-Based Finance Scholarships
Need-based scholarships support international students with demonstrated financial need. These awards aim to promote global access to elite finance education.
Coverage often includes:
- Tuition reduction or waiver
- Monthly living allowance
- Housing support
Diversity and Global Impact Scholarships
Many institutions offer scholarships targeting:
- Students from developing countries
- Women in finance
- First-generation university graduates
- Underrepresented regions
These scholarships strengthen global representation in financial leadership.
Top Government-Funded Master’s in Finance Scholarships
Chevening Scholarships (United Kingdom)
The Chevening Scholarship is one of the most prestigious fully funded Master’s scholarships for international students pursuing finance degrees in the UK.
Coverage includes:
- Full tuition fees
- Monthly living stipend
- Travel costs
- Visa and health support
Eligible finance programs include MSc Finance, Financial Economics, Investment Management, and Banking.
DAAD Scholarships (Germany)
The DAAD scholarship program funds international students pursuing Master’s in Finance and Economics-related degrees in Germany.
Benefits include:
- Full tuition coverage (where applicable)
- Monthly stipend
- Health insurance
- Travel allowance
Germany offers high-quality finance education with low or no tuition fees, making DAAD scholarships especially valuable.
Erasmus Mundus Joint Master’s Degrees in Finance
Erasmus Mundus scholarships support joint master’s programs in finance, economics, and financial management across multiple European countries.
Coverage includes:
- Full tuition
- Monthly living allowance
- Travel and relocation support
- Insurance
University-Based Master’s in Finance Scholarships
London School of Economics (LSE) Finance Scholarships
LSE offers highly competitive scholarships for international students enrolled in finance-related master’s programs.
Key features:
- Merit-based awards
- Partial to full tuition coverage
- Strong global alumni network
Oxford University Finance Scholarships
The University of Oxford provides generous funding opportunities for international students pursuing finance and economics degrees.
Coverage may include:
- Full tuition
- Living expenses
- College-specific awards
HEC Paris Master’s in Finance Scholarships
HEC Paris offers multiple merit and need-based scholarships for its world-renowned Master’s in Finance program.
Benefits include:
- Tuition reductions
- Excellence-based awards
- Regional scholarships for international students
Bocconi University Scholarships
Bocconi University in Italy provides international scholarships for finance students, including full tuition waivers and stipends.
Private and Foundation Finance Scholarships for International Students
Fulbright Foreign Student Program
The Fulbright Program funds international students pursuing graduate degrees, including Master’s in Finance, in the United States.
Coverage includes:
- Tuition
- Living expenses
- Travel costs
- Health insurance
Joint Japan/World Bank Graduate Scholarship
This scholarship supports students from developing countries pursuing finance-related master’s degrees.
Benefits include:
- Full tuition
- Monthly stipend
- Travel expenses
- Insurance
Fully Funded Master’s in Finance Scholarships
Fully funded scholarships provide complete financial coverage and are highly competitive.
They typically include:
- Full tuition
- Monthly living stipend
- Housing support
- Travel allowance
- Health insurance
Fully funded options are commonly offered through government programs, elite universities, and international organizations.
Eligibility Requirements for Master’s in Finance Scholarships
Most Master’s in Finance scholarships for international students require:
- Bachelor’s degree in finance, economics, accounting, mathematics, or related fields
- Strong academic transcripts
- GMAT or GRE scores (for competitive programs)
- English language proficiency (IELTS or TOEFL)
- Personal statement or motivation letter
- Letters of recommendation
- Relevant internships or work experience
High-Demand Specializations in Finance
Scholarships frequently support students in specialized finance areas such as:
- Investment banking
- Asset and wealth management
- Financial engineering
- Quantitative finance
- Risk management
- Fintech and financial analytics
- Corporate finance
These specializations offer strong post-graduation employment prospects.
Career Outcomes After a Master’s in Finance
Graduates of funded Master’s in Finance programs access careers in:
- Global banks
- Investment firms
- Consulting companies
- Multinational corporations
- Fintech startups
- Central banks and financial regulators
A funded master’s degree significantly increases return on investment and long-term earning potential.
Global Demand for Finance Professionals
The global economy continues to require highly trained finance professionals with:
- Strong quantitative skills
- Data-driven decision-making ability
- International market understanding
- Regulatory and risk management expertise
International graduates with funded degrees are especially competitive.
Conclusion: Advancing Global Finance Careers Through Scholarships
A Master’s in Finance scholarship for international students opens the door to elite education, global exposure, and long-term professional success.
These scholarships remove financial barriers while providing access to world-class faculty, international networks, and high-impact career opportunities.
International students who secure these scholarships position themselves as future leaders in global finance, banking, and investment management.
