As the world moves toward greater gender equality in the business sector, women in business are making notable strides across the globe. However, access to quality education, particularly in business fields like an MBA (Master of Business Administration). Financial barriers often prevent talented women from pursuing higher education. Fortunately, a wide range of scholarships in the UK is available specifically to support women who want to further their education in business, empowering them to break through the glass ceiling and pursue leadership roles in their respective fields.
The Importance of Scholarships for Women in Business
Despite the progress made in recent years, women in business continue to face challenges such as the gender pay gap and underrepresentation in leadership positions. This is particularly true for women from developing countries who may lack the financial means to pursue higher education abroad.
UK-based scholarships aim to mitigate these barriers by offering financial assistance to women who have demonstrated potential in business and leadership. These scholarships not only help women finance their education but also contribute to a more diverse and inclusive business environment. By supporting women in their academic journey, these scholarships help to equip future leaders.
Top UK Scholarships for Women in Business in 2025
Several prestigious scholarships are available to women pursuing business degrees in the UK, ranging from MBA programs to undergraduate business courses.
The Chevening Scholarship for Women
The Chevening Scholarship, funded by the UK government, is one of the most prestigious international scholarships. It offers full financial support to exceptional individuals who want to run a one-year master’s degree in any subject, including business. The Chevening program is open to women from all over the world, and it places a special emphasis on leadership potential, particularly in areas of business, governance, and development.
- Eligibility: Women who have demonstrated leadership potential and a commitment to making a positive impact in their communities or industries. Applicants must hold a degree equivalent to a UK 2:1 and have at least two years of work experience.
- Award Amount: Full tuition fees, airfare, and a monthly stipend for living expenses.
- Application Deadline: Usually in November for courses starting the following September.
- Why It’s Valuable: The Chevening Scholarship is more than just financial aid; it provides the recipient with a lifetime network of leaders, access to high-level mentorship, and career development opportunities in the UK and globally. It’s ideal for women who are passionate about driving social change through business leadership.
The Gates Cambridge Scholarship for Women
The Gates Cambridge Scholarship is given to international students pursuing postgraduate studies at the University of Cambridge. The scholarship is open to women who wish to study business, economics, and other related fields, with the aim of fostering leadership and creating positive change in global society.
- Eligibility: Women from any country who wish to pursue a full-time postgraduate degree at Cambridge University.
- Award Amount: Full coverage of tuition fees, airfare, and a stipend for living expenses.
- Application Deadline: Typically in December.
- Why It’s Valuable: The Gates Cambridge Scholarship offers women access to one of the most prestigious universities in the world, along with a strong network of scholars and leaders committed to making an impact through business and other fields.
The Forté Foundation MBA Fellowship for Women
The Forté Foundation is a nonprofit organization dedicated to increasing the number of women in business leadership positions. Through partnerships with top business schools, including those in the UK, Forté offers fellowship programs for women pursuing MBA degrees. These fellowships provide both financial support and access to a robust network of women leaders.
- Eligibility: Women who have been accepted into or are currently enrolled in an MBA program at one of the Forté Foundation’s partner schools.
- Award Amount: Fellowships typically range from £10,000 to £40,000, depending on the business school and the applicant’s qualifications.
- Application Deadline: Varies by business school; typically in the fall.
- Why It’s Valuable: The Forté Fellowship provides not only financial support but also career-building resources, networking events, and mentorship programs. It is a great choice for women who want to build strong professional networks and gain valuable business leadership skills.
The Rhodes Scholarship for Women
It is among the oldest scholarships in the world. It provides full financial support for students to pursue a graduate degree at the University of Oxford. The scholarship is open to women from specific regions, including Africa, Asia, and the Americas.
- Eligibility: Women who are citizens of one of the Rhodes constituencies and have outstanding academic records, leadership potential, and a commitment to public service.
- Award Amount: Full tuition fees, living stipends, and travel expenses.
- Application Deadline: Typically in October.
- Why It’s Valuable: The Rhodes Scholarship offers women access to a world-class education at Oxford, along with a prestigious network of Rhodes Scholars. It’s a highly competitive scholarship.
The University of London Global MBA Scholarship for Women
The University of London offers several scholarships for women pursuing an MBA through its global program. These scholarships are specifically designed to support women in their careers.
- Eligibility: Women from diverse backgrounds who have been accepted into the University of London’s MBA program.
- Award Amount: Partial scholarships that cover up to 50% of the tuition fees.
- Application Deadline: Varies by intake period.
- Why It’s Valuable: This scholarship provides flexibility for women who want to pursue an MBA while balancing work and life commitments. It’s an excellent option for women who wish to study part-time or online while still receiving the benefits of a top-tier MBA education.
The University of Edinburgh Business School Scholarships for Women
The University of Edinburgh Business School offers scholarships for women pursuing an MBA, with a particular emphasis on supporting women from underrepresented regions and backgrounds.
- Eligibility: Female candidates from regions with lower representation in business, particularly those from developing countries.
- Award Amount: Up to £10,000 toward tuition fees.
- Application Deadline: Varies by academic year.
- Why It’s Valuable: This scholarship is specifically designed to promote diversity and inclusion in business education. It offers financial support while fostering a global community of women leaders.
How to Apply for UK Scholarships for Women in Business
Applying for scholarships involves a multi-step process. Here are key tips to guide you through the application process:
Start Early:
Begin your search for scholarships at least six months before the application deadline. This will give you enough time to gather all the required documents and complete the application.
Prepare Strong Supporting Documents:
Most scholarship applications require the following:
- Academic Transcripts: Official academic records from your previous institutions.
- Letters of Recommendation: Letters from any professional referees to speak on your behalf.
Personal Statement or Essay: A compelling personal statement that explains your career goals, why you want to pursue business education, and how the scholarship will help you achieve those goals.
Proof of Financial Need: Some scholarships may require evidence of financial need to be eligible.
Submit Before the Deadline:
Make sure you submit your application on time. Late applications are often disqualified.