The INSEAD Need-based Scholarship(s) category groups the applications for scholarships that will be granted to those who demonstrate and prove significant difficulty in raising sufficient finances for the INSEAD MBA Programme and may be limited in accessing loans. Priority will be given to candidates with a marked socio-economic disadvantage.
To be considered for any one of these scholarships (listed below) only one application is required. Successful candidates will receive only one of these awards. The awards are: IAF Diversity, INSEAD Alumni Association (IAA), MBA Class Reunions, Greek Friends of INSEAD, Financial Aid, the Gabel Family and the Bischoff Family, INSEAD Diversity, Ian Potter ’93D and Family Endowed Asia, MBA ’89D Endowed, Antonio Borges Endowed, Deepak and Sunita Gupta Endowed, Sam Akiwumi Endowed and the Russian Alumni Scholarships. For some IAF Diversity scholarships the alumni will actively encourage those receiving an award to make their own contribution to the Alumni Fund in the future.
Amount of Award: Average award is €12,000
- Candidates must demonstrate proven financial need and be able to provide evidence of their financial accounts.
- You may be asked to submit additional documentation during the application process.
- Preference will be given to candidates residing in emerging/developing countries and for those who will have limited access to loans.
How to Apply
Essay topic :
1).In approximately 400 words for all the questions that follow: (a) introduce yourself and include an account of your early years i.e. where you grew up and the primary and secondary schools you attended. How did you finance your secondary education? (b) briefly describe how you envisage contributing to the future development of your country/region after graduation and (c) Give the main reason why an INSEAD MBA is relevant to your future career development.
2).In approximately 350 words provide a concise but accurate description of your financial circumstances as well as your budget for the year at INSEAD. How do you expect to finance your studies if you do not obtain a scholarship from INSEAD? Why INSEAD should consider you for a need-based scholarship? What amount do you consider appropriate? Please do not forget to submit a number of supporting documents as required.
3).Only if you would like to be considered for the IAF Special Profile scholarships, please answer the following question in no more than 400 words: Briefly describe an instance or aspect in your life to date that has made you stand out amongst your peers or that you consider exceptional in one way or another.
Apply and submit essays on line (one application for all awards).
In addition, please forward supporting documents (no originals or legal certification required), irrespective of campus choice, to the MBA Financing Office.
List of documents required:
- Proof of salary (latest salary slip or a letter from your employer);
- Bank statements for the last three months that will reflect your checking and savings accounts. On-line overview is accepted.
- If you have extenuating/exceptional circumstances in the past year (supporting dependents’ education, medical care, bankruptcy, etc.), provide relevant documentation.
Copies can be sent by e-mail:
Finance[email protected]: +65 67995499 orregular mail:MBA Programme
1 Ayer Rajah Avenue
Your own translation into English is accepted.
For tracking decisions for any of these awards, please consult only the INSEAD Need-based scholarships.
Deadline: Supporting documents have to be submitted by the following deadlines:
December 15 Class:
by 16 May 2014
by 21 July 2014
by 26 September 2014
July 16 Class:
by 14 November 2014
by 5 January 2015
by 6 March 2015
December 16 Class:
by 24 April 2015
by 19 June 2015
by 17 August for the Round 3.
Click here for more details and to apply