IMD Scholarships

We aim to encourage high achievers from around the globe who don’t necessarily have the financial means to apply, but do have the potential, drive and passion that we are looking for. If you have the desire and ability to join the best group of 90, we want to help you.  

IMD is committed to fostering the growth in diversity through our merit and need-based MBA scholarships, which are awarded to candidates who have applied for and accepted an offer to join the IMD MBA program. These include one full scholarship and four 80% scholarships. In our current class, 63% of our women participants were awarded a scholarship.

For all scholarship applications (except the merit and CO-RO scholarships) you will need to submit our MBA Financial Aid form with the following supporting documents: yearly proof of salary, tax return form, latest bank account statements. 

Awarded scholarships
10 - 85K
Range of awards
Total amount awarded

I am honoured to have been selected for an IMD MBA Merit Scholarship. This gesture simply confirmed my initial intuition about IMD: an authentic MBA program that first and foremost fosters merit and diversity.

Sara Jamil

French/Moroccan, MBA 2018
Customer Support Manager EMEAI, Honeywell Aerospace, Switzerland

Scholarship Details

Please don't forget to attach your Financial Aid Form for all scholarship applications other than Merit and Co-Ro (see above).

Scholarships awarded with specific application deadlines

Scholarship and amount

Criteria and Profile

Lausanne Alumni Club Merit Scholarship

Apply for the Feb 1 admissions deadline.
Awarded to the best all-round applicant from the deadline, based on the application and assessment

Forté Women Scholarships

Apply for the Feb 1 or May 1 admissions deadline.
Awarded to the two best female all-round applicants from either deadline, based on the application and assessment

Stewart Hamilton Scholarship

Apply for the Feb 1 or May 1 admissions deadline.
Awarded to the candidate who best demonstrates corporate governance and ethics understanding based on a 750-word essay response to the case study 'Hollinger and the Downfall of Conrad Black'. Essay focus: What, in your view, were the failings in the Hollinger corporate governance system? What personal learnings have you drawn from your analysis of the case study?

IMD MBA Class of 1976
Merit Scholarship

Apply for the May 1 admissions deadline.
Awarded to the best all-round applicant from the May deadline, based on the application and assessment.

Scholarships for applicants from all deadlines:

Diversity Scholarships

Criteria: be a national of one of the following five regions: Africa/Middle East, Asia, Latin America, Eastern Europe, North America/Western Europe/Oceania.
Submit a 500 word essay on: "The role diversity and globalisation will play in my future career". Apply by 30 May.

Merit Scholarships
CHF 10-30K

Criteria: demonstrate exceptional qualities throughout the admissions process. No application needed

Financial Need Scholarships
CHF 20-40K

Criteria: proven financial need, good academic results and GMAT score, strong reference letters, and steady career progression. Apply once interview decision is known.

Recipients of all the above scholarships are confirmed at the time of the admissions offer.


External Donors - Application deadline: September 30th

The CO-RO Foundation ScholarshipFull scholarship - tuition & fees 
Criteria: be a national of Denmark.
Submit a 500-word motivation essay on: "Why should I be considered for this scholarship and how can I contribute to IMD's MBA Program?" 
Staton ScholarshipCriteria: be a citizen from South America with the exception of Brazil and return for at least three years after graduation to South America.
Submit a 750-word essay on: "The role of entrepreneurs in moving my country forward and my contribution to that goal"
Nestlé Scholarship for WomenPreference is given to women from developing countries. 
Submit a 750-word essay on: "Many have argued that greater diversity in the top management team of an organization is good for profits and customers. What would you recommend as ways to achieve greater diversity?" 
Employees of Nestlé or its subsidiaries are not eligible.

Recipients of scholarships awarded by external donors are announced mid-November.

When writing your scholarship essay, be sure to use the IMD MBA Scholarship Template, to respect the word limit and to express your personal point of view in your own words, supported by proper citation if necessary.

Scholarships are granted subject to nomination by the scholarship selection committee, acceptance into the program and confirmation of your intention to participate in the program by paying the advance deposit.

IMD reserves the right not to award a scholarship if the criteria are not met to the satisfaction of the jury/sponsors.


IMD complies with applicable laws and regulations, including with respect to international sanctions that may be imposed on individuals and countries. This policy applies to all applications for IMD programs from individuals or organizations, and any commercial or non-commercial partnerships.