Scholarships, sponsorships and alumni discounts for the MSc Programme at Bayes Business School.
Bayes Business School offers the following scholarships:
MSc Dean's Scholarships
Every year, we select a subset of the successful applicants to our MSc Programmes to be the recipients of one of our Dean’s Scholarships, in recognition of their previous outstanding academic achievements, strong course application, and potential to become a business leader.
The award amount can be up to 20% of the tuition fees and takes the form of a discount deducted from the second instalment of the tuition fees in January.
This award is open to all applicants of full-time degrees on MSc Programmes and successful candidates will be notified in their course offer letter. This will give further details of deadlines and how to accept your offer. The majority of Dean’s scholarships are offered at the same time a course offer is made, and while funds are still available.
MSc Donor Scholarships
Every year we are able to award a number of scholarships to offer-holders on our MSc Programme generously provided by different benefactors.
See below for a list of donor scholarships currently open for the 2026 intake. Additional donor scholarships are still being confirmed and will open over the coming weeks.
Unless otherwise stated, in order to be considered for a donor scholarship, applicants must have accepted their conditional or unconditional offer on their MSc course and paid the deposit.
Decisions are normally made by the awarding body during the summer, and most results will be announced between June and August. All scholarship applicants will be informed of the decisions by email as and when they are made. Please note that we are not able to provide updates on the status of individual applications.
For guidance and tips on submitting a donor scholarship application, read our helpful blog.
Graduate Loyalty Discount
City St George's, University of London Graduate Loyalty Discount
Separate to these scholarship schemes all graduates of City St George's, University of London are entitled to a 20% discount on the fees of an MSc course at Bayes Business School. Please note that, as we aim to offer awards to as many outstanding students as we are able to, City St George's Alumni may only accept either the Graduate Loyalty Discount or a Bayes scholarship (if applicable) - the larger amount would normally take precedence. For more information, please visit our Alumni benefits section.
Closed scholarships
Women in Finance Excellence Scholarship (50% Tuition Fee Waiver)
In collaboration with the Bayes Global Women’s Leadership Programme this scholarship is awarded to exceptional women with outstanding academic achievement, strong leadership potential, and a demonstrated commitment to shaping the future of finance.
Recipients of this scholarship will have the opportunity to join the Bayes Global Women’s Leadership Programme Executive Board.
Deadline: This scholarship is now closed following unprecedented demand. Details for the 2027 intake will follow later in the year.
Eligibility: Open to all female applicants who hold a conditional or unconditional offer to study finance at Bayes Business School. These include MSc Banking and International Finance, MSc International Accounting and Finance, MSc Quantitative Finance, MSc Finance, MSc Finance (Corporate Finance), MSc Finance (Investment Management), MSc Shipping, Trade and Finance, MSc Energy, Trade and Finance, MSc Real Estate Investment, MSc Financial Technology and Innovation.
Separate Application: Yes – all suitable candidates will be contacted via email with an invite to apply.
Selection Criteria: First-class degree or international equivalent and 500 words scholarship statement outlining:
- Career goals in finance
- Motivation for the course and Bayes
- Any leadership, community, or advocacy experience (particularly related to gender equality in finance)
Terms and conditions
If an applicant is offered a Women in Finance scholarship, they must accept it within two weeks of the date of the scholarship award email. The course deposit must also have been paid (or be paid by the deposit deadline, if in the future). Failure to do so may result in the scholarship being withdrawn and reallocated to another candidate.
Unsuccessful applicants for Excellence Scholarship will automatically qualify for the Merit Scholarship.
Women in Finance Merit Scholarship (20% Tuition Fee Waiver)
In collaboration with the Bayes Global Women’s Leadership Programme this scholarship is awarded to high-achieving women who demonstrate strong academic credentials and clear motivation to succeed in the finance industry.
Deadline: This scholarship is now closed following unprecedented demand. Details for the 2027 intake will follow later in the year.
Eligibility: Open to all female applicants who hold a conditional or unconditional offer to study finance at Bayes Business School. These include MSc Banking and International Finance, MSc International Accounting and Finance, MSc Quantitative Finance, MSc Finance, MSc Finance (Corporate Finance), MSc Finance (Investment Management), MSc Shipping, Trade and Finance, MSc Energy, Trade and Finance, MSc Real Estate Investment, MSc Financial Technology and Innovation.
Separate Application: No – all course applications screened for suitability by the scholarship committee at the time a course offer is made, and while funds are still available.
Selection Criteria: 2:1 degree or international equivalent with strong application personal statement demonstrating clear motivation and career goals.
Terms and conditions
If an applicant is offered a Women in Finance scholarship, they must pay the course deposit by their deposit deadline. Failure to do so may result in the scholarship being withdrawn and reallocated to another candidate.
Women in Finance Recognition Scholarship (10% Tuition Fee Waiver)
In collaboration with the Bayes Global Women’s Leadership Programme this scholarship is awarded to talented female applicants in recognition of academic merit and potential to thrive on the finance programmes at Bayes Business School.
Deadline: This scholarship is now closed following unprecedented demand. Details for the 2027 intake will follow later in the year.
Eligibility: Open to all female applicants who hold a conditional or unconditional offer to study finance at Bayes Business School. These include MSc Banking and International Finance, MSc International Accounting and Finance, MSc Quantitative Finance, MSc Finance, MSc Finance (Corporate Finance), MSc Finance (Investment Management), MSc Shipping, Trade and Finance, MSc Energy, Trade and Finance, MSc Real Estate Investment, MSc Financial Technology and Innovation.
Separate Application: No – all course applications screened for suitability by the scholarship committee at the time a course offer is made, and while funds are still available.
Selection Criteria: 2:1 degree or international equivalent with strong application personal statement demonstrating clear motivation and career goals.
Terms and conditions
If an applicant is offered a Women in Finance scholarship, they must pay the course deposit by their deposit deadline. Failure to do so may result in the scholarship being withdrawn and reallocated to another candidate.
Kenyan Insurance Regulatory Authority Scholarship
Overview
The Kenyan Insurance Regulatory Authority (IRA) is offering eight scholarship opportunities to Kenyan citizens interested in pursuing an MSc in Actuarial Management at Bayes Business School.
Value: The scholarship will cater for tuition, travel, accommodation and any other incidental expenses.
Criteria
Eligible courses: MSc in Actuarial Management
Geographical requirements: Citizens of Kenya
Academic requirements: See link below for more details
Deadline: 2nd March 2026
CLOSED
The Boyle-Rodney Scholarship
The Boyle-Rodney Fund was set up in 2022 by James Boyle (MSc Real Estate Investment, 1997) to pay tribute to lead tutor Bill Rodney, for helping to launch so many successful and rewarding careers in the connected fields of finance and real estate, and beyond.
To be eligible, applicants must satisfy the entry criteria for their chosen MSc programme at Bayes and be able to demonstrate financial need. Find out more about MSc Programmes at Bayes Business School.
Value: Two scholarships, covering the full-time MSc fee (with 50% from the Boyle-Rodney Fund and 50% waived by Bayes Business School) plus a £10,000 stipend paid in ten instalments across the year.
Criteria
Eligible courses: All full time Specialist Master's degrees
Geographical requirements: None
Financial need: Applicants must be able to demonstrate that their family and financial backgrounds mean that they would not be able to afford to study for a Master's degree at Bayes. Shortlisted applicants will be required to provide documentary evidence (further details within application form).
Please note, it's very important that you will need sufficient funds to be able to travel to the UK and sustain yourself before the first stipend payment is made. This will usually be in October of the year study starts.
Visa Requirements: When applying for a visa you will need to show the funds required to meet the necessary financial legal requirements, which would typically be the difference between the £10,000 stipend and the minimum amount required for living costs as outlined here.
Academic requirements: Must be able to demonstrate academic excellence and satisfy the academic entry criteria for the chosen MSc. Applicants should not already hold a qualification equivalent to a UK Master's degree.
This scholarship is very popular and attracts a large number of applications. Whilst every application is carefully considered, we cannot offer individual feedback to unsuccessful applicants.
Applicants must have accepted an offer on an eligible MSc course. Applicants who have not yet paid a deposit to accept their offer will also be considered, but must request for their offer to be reactivated if their offer has been withdrawn due to non-payment of deposit, and they must accept their offer by selecting 'Sponsorship' on the payment page of the offer response form.
Deadline: 12th April 2026
CLOSED
Haberman Fund
Overview
The Haberman Fund was set up to pay tribute to Professor Steven Haberman, former Dean of the Business School, who has been teaching and conducting research in Actuarial Science at the Business School for over 30 years.
Value: Two scholarships, each worth £4,000
Criteria
Eligible courses: MSc Actuarial Science and MSc Actuarial Management (full-time)
Geographical requirements: None.
Academic requirements: Must be able to demonstrate academic excellence.
Financial need: Must be able to demonstrate financial need.
Deadline: 12th April 2026
CLOSED
The Avgoustinos Apostolou Scholarship
Mr Avgoustinos Apostolou is an experienced entrepreneur with a strong background in the financial services, financial technology, and payments industries, demonstrating expertise, vision, and innovation. He has founded and been involved in multiple ventures across these sectors, some of which have been officially awarded a Certificate of Innovative Enterprise by the Deputy Ministry of Research, Innovation and Digital Policy of the Republic of Cyprus.
His latest venture, the upcoming payxl.com, further reflects his commitment to create impactful and forward-looking solutions. His professional journey, shaped by diverse experiences, has reinforced his belief in the importance of giving back and creating opportunities for future generations. This scholarship therefore reflects his dedication to supporting emerging talent and fostering innovation
Value: One scholarship, worth £5,000
Criteria
Eligible courses: MSc Entrepreneurship
Geographical requirements: None
Academic requirements: Must be able to demonstrate academic excellence.
Financial need: Must be able to demonstrate financial need
Deadline: 12th April 2026
CLOSED
Actuary of the Future Award
This award aims to provide financial support to academically excellent candidates who wish to pursue an actuarially-oriented MSc.
Value: One scholarship of £5,000.
Criteria
Eligible courses: MSc Actuarial Science, MSc Actuarial Science with Business Analytics, MSc Actuarial Management.
Geographical requirements: None.
Academic requirements: Must be able to demonstrate academic excellence.
Financial need: Must be able to demonstrate financial need.
Deadline: 12th April 2026
CLOSED
The Symeonides Family Scholarship
The scholarship is awarded in honour of academic excellence, demonstrated financial need, and strong promise of continued growth. Established by George Symeonides (BSc Mathematical Science (With Placement), 2013), it supports outstanding applicants to our MSc Real Estate Finance and MSc Quantitative Finance programmes. The award reflects the family’s commitment to supporting the next generation of talented students as they pursue ambitious careers in real estate and quantitative finance.
Value: Two scholarships, each worth £5,000.
Criteria
Eligible courses: MSc Real Estate Investment, MSc Quantitative Finance.
Geographical requirements: None.
Academic requirements: Must be able to demonstrate academic excellence.
Financial need: Must be able to demonstrate financial need.
Deadline: 12th April 2026
CLOSED
The Global Ship Lease Scholarship for Women in Shipping
The Global Ship Lease Scholarship for Women in Shipping was established in 2024, to actively support gender-diversification in a historically male-dominated industry. Global Ship Lease (www.globalshiplease.com) is a containership owner, chartering ships to leading container shipping companies. The Company has been listed on the New York Stock Exchange since 2008, has offices in Athens, and is a project partner to Bayes Business School on the UK National Clean Maritime Research Hub.
Value: One scholarship, covering the full tuition fee
Criteria
Eligible courses: MSc Shipping, Trade and Finance
Gender: Open to women
Geographical requirements: None
Financial need: Must be able to demonstrate financial need
Deadline: 12th April 2026
CLOSED
The Deval Family Scholarship
The Deval Family Scholarship was established in 2023 to support the tuition fees of students taking MSc Shipping, Trade and Finance.
Value: Two scholarships, each worth £10,000
Criteria
Eligible courses: MSc Shipping, Trade and Finance
Geographical requirements: None
Financial need: Must be able to demonstrate financial need
Deadline: 12th April 2026
CLOSED
The Iain Allan Bursary
Overview
Iain Allan is an actuary and has been a Visiting Professor at the Business School for over twenty years. During his business career he has held senior positions in life insurance companies and the stockbroker Phillips & Drew. He was, for fifteen years, head of strategy at RBS. He is now an independent consultant.
Value: Four bursaries, each worth £5,000
Criteria
Eligible courses: MSc Actuarial Science, MSc Actuarial Management (full-time)
Geographical requirements: Permanent residents of India, Nepal or of countries falling under Southeast Asia
Financial need: Applicants must be able to demonstrate financial need
Please note that this award will be disbursed to the successful applicants in Term 2 of the MSc degree.
Deadline: 12th April 2026
CLOSED
The Clélia Haji-Ioannou Scholarships
Overview
The Clélia Haji-Ioannou Scholarship was established in 2019 by Clélia Haji-Ioannou and is given in honour of academic excellence, demonstration of financial need, and promise of continued growth. Ms Clélia Haji-Ioannou provides two scholarships to the value of £10,000 each to be offset against tuition fees.
Value: Two scholarships, each worth £10,000
Further information about the Clélia Haji-Ioannou Scholarship
Criteria
Eligible courses: MSc Shipping, Trade and Finance and MSc Energy, Trade and Finance
Geographical requirements: None
Academic requirements: Must be able to demonstrate academic excellence
Financial need: Must be able to demonstrate financial need
Deadline: 12th April 2026
CLOSED
The Nick Maughan Foundation Scholarships
Overview
Bayes Business School is delighted that The Nick Maughan Foundation wishes to provide financial support to students from our MSc Finance courses and MSc Philanthropy, Grantmaking and Social Investment.
Value: Two scholarships worth £10,000. One for MSc Finance courses and one for MSc Philanthropy, Grantmaking and Social Investment
Criteria
Eligible courses:
MSc Finance, MSc Finance (Corporate Finance) and MSc Finance (Investment Management)
and
MSc Philanthropy, Grantmaking and Social Investment
Geographical requirements: None
Financial need: Must be able to demonstrate financial need
Academic requirements: Must be able to demonstrate academic excellence. Applicants are expected to have not attended a fee-paying Secondary School.
Deadline: 12th April 2026
CLOSED
The Stelios Scholarships
Overview
The Stelios Scholarships were established in 2006 by Sir Stelios Haji-Ioannou through the Stelios Philanthropic Foundation and is given in honour of academic excellence, demonstration of financial need, and promise of continued growth.
The Business School (formerly Cass) alumnus Sir Stelios Haji-Ioannou is the Chairman of easyGroup and is most famous for founding easyJet at the age of 28. He graduated from the Business School with an MSc in Shipping, Trade and Finance in 1988. His foundation, the Stelios Philanthropic Foundation is committed to dynamic philanthropy: making a positive, exponential difference through funding, inspiring and advising educational, entrepreneurial and environmental initiatives.
Value: Five scholarships, each worth £20,000
Further information about the Stelios Scholarships
Criteria
Eligible courses: Finance and entrepreneurship related courses (see application form for full list)
Geographical requirements: Permanent residents of the UK and EU
Academic requirements: Must be able to demonstrate academic excellence
Financial need: Must be able to demonstrate financial need
Deadline: 3rd May 2026
CLOSED
MSc Shipping, Trade and Finance Scholarship Fund
The MSc Shipping, Trade and Finance Scholarship Fund has been established to ensure that exceptional students, in financial need, can access a world-class education.
Designed as an evolving and inclusive fund, it invites alumni – who have experienced first-hand the programme’s transformative impact on professional development, career progression and global networks – to contribute over time; further expanding its impact and strengthening our programme’s global community.
The initiative was launched in 2026 by two alumni of the MSc Shipping, Trade and Finance class of 2012–13, Mr Zisis Stylianos and Mr Yiannis Procopiou, marking the start of a collective effort by our alumni community to support future generations of students.
Through contributions of £5,000 or more, alumni collectively help to establish a sustainable fund that supports students who demonstrate academic excellence, financial need, and a clear commitment to advancing the fields of Shipping, Commodities, Trade, and Finance.
The number and value of scholarships awarded each year will depend on the total funds available in the Scholarship Fund. This flexible structure ensures that the fund can sustainably support talented students while increasing its impact over time.
Total Fund Value: £30,000 (awarded in varying amounts)
Donors:
Class of 2012/13:
Yiannis Procopiou (£20,000)
Zisis Stylianos (£10,000)
Eligible courses: MSc Shipping, Trade and Finance
Academic requirements: Must be able to demonstrate academic excellence
Financial need: Must be able to demonstrate financial need
Deadline: 3rd May 2026
Contact: for more information about the Scholarship please contact Dr Nikos C. Papapostolou, Director, MSc Shipping, Trade and Finance
The Seanergy/United Maritime Scholarship
The Seanergy/United Maritime Scholarship was established in 2026 by Stamatis Tsantanis to honour academic excellence and support young professionals driven to become the next generation of industry leaders.
Stamatis Tsantanis is the Chairman and CEO of Seanergy Maritime Holdings Corp., as well as Founder, Chairman and CEO of United Maritime Corporation. He is an alumnus of the MSc in Shipping, Trade and Finance.
Seanergy Maritime Holdings Corp. is a prominent pure-play Capesize shipping company publicly listed on the Nasdaq Capital Market under the symbol 'SHIP'. United Maritime Corporation is an independent dry bulk shipping company, also listed on Nasdaq Capital Market under the symbol 'USEA'.
Value: One scholarship, worth £18,000
Criteria
Eligible courses: MSc Shipping, Trade and Finance
Geographical requirements: None
Academic requirements: Must be able to demonstrate academic excellence
Financial need: Must be able to demonstrate financial need
Deadline: 10th May 2026
CLOSED
The Wael Khatib Scholarship supported by Lockton MENA Ltd
The Wael Khatib Scholarship is set up by Lockton MENA Ltd as a tribute to the founder of Lockton in the MENA region, Wael Khatib. Wael was an extraordinary man with a rich history in the insurance industry and a respected and inspirational leader. One of the many features that distinguished him was his passion towards accelerating ones career through the solid foundation of academia. As he himself graduated from this Business School with an MSc Insurance and Risk Management, he always encouraged those around him to do the same from the very beginning of their careers. The scholarship has been created to continue his legacy and offer the opportunity for others to follow in his footsteps and use academic excellence as a spring board and promise for continued growth.
About the Donor
As the world’s largest privately held, independent insurance broker, Lockton serves more than 65,000 clients across six continents with risk management, insurance, employee benefits consulting and retirement services. Lockton’s 13,100+ Associates are committed to helping clients achieve the goals that make their businesses safer, smarter and more profitable.
Lockton in MENA, headquartered in Dubai (UAE) and with over 550 Associates across the region, operates from offices in the United Arab Emirates, Kingdom of Saudi Arabia, Egypt, Jordan, Morocco and Oman. The business provides (re)insurance solutions to major corporate clients across the Middle East and North Africa. Through innovative (re)insurance solutions, the team works extensively across the region and with major insurance hubs worldwide to customize the most effective protection programmes for their clients.
Ata Khatib, Chairman of Lockton in MENA, said: “I believe as passionately as my father in the importance of academic excellence and helping the next generation in achieving it. Myself and wider management team are available to those who have been successfully awarded with this scholarship. We are happy to guide and mentor them throughout their career in insurance.”
Value: One scholarship, covering full tuition fees
Criteria
Eligible courses: MSc Insurance and Risk Management (full-time, September start only)
Geographical requirements: Must be a permanent resident of the MENA region
Financial need: Must be able to demonstrate financial need.
How to apply: We strongly recommend that applicants begin to explore visa requirements for studying in the UK early in their application process. Special attention should be given to understanding the financial needs associated with living and maintenance costs. We also urge applicants to secure student accommodation that is both convenient and affordable as early as possible, as these options often fill up quickly. Additional financial support from the donor may be available upon proving a financial need.
Furthermore, we advise candidates to consider the feasibility of taking the required English test in their home country at an early stage. Please note that passing the English test is one of the entry requirements of the course, and we understand that scheduling English tests may require time in certain countries.
Please note that a deposit is not required in order to apply for this scholarship, but applicants must have received and accepted a conditional or unconditional offer on the course before submitting a scholarship application.
Deadline: *Extended to 10th May 2026*
CLOSED
Terms and Conditions of Awards
Please be informed that it is Bayes Business School Master's Programme policy that an offer-holder may not receive more than one of the following: donor scholarship/Dean's scholarship/women in finance scholarship/graduate loyalty discount/partnership discount/friends and family discount. Should you be awarded more than one of the above or be fully funded by an outside source (with the exception of a repayable bank loan) you would have to make a choice of which award you would like to accept.
All scholarships and discounts are credited towards the second instalment of tuition fees; students are therefore required to pay the whole of the first instalment (or the remaining fees if the award is larger than half the tuition fees) during registration.
Further details of the terms and conditions of accepting a scholarship/discount will be provided in the award confirmation letter.
