Studying a course related to business and economics can be expensive. You could be spending a large amount on a highly ranked master’s course. On top of this, there is rent and plane tickets.
Many have short deadlines this month. You need to get your applications in before 8th December 2026 for Gates Cambridge. Some French schools require you to submit your Eiffel application by 20th November. Sweden, Erasmus Mundus, and Hungary all have deadlines or openings around January. Chevening has now closed.
These dates were checked in November 2026. Please double-check these dates on the official site.
Fully Funded
- Tuition fees waived
- Monthly stipend
- Airfare or travel grant
- Visa and health costs
- Accommodation
Many of these are partially funded. Eiffel does not provide tuition. Stipendium Hungaricum provides tuition but not full living costs. Erasmus Mundus only fully funds the top-ranked applicants.
There are no specific business and economics scholarships. Most of these are available for any subject. Simply choose a business or economics course and apply. Check if you can apply for an MBA. Information varies for Gates Cambridge, so check the official page.
Key Deadlines
- Gates Cambridge – 8th December 2026 or 6th January 2027, depending on your course. Some sources say 2nd or 3rd December. Please check the official site.
- Eiffel Excellence Scholarship – 6th January 2027 for schools to submit. Earlier deadlines apply at your school. One source says 8th January. Please check the official site.
- Erasmus Mundus Joint Masters – Varies. Most have deadlines between October and January.
- Swedish Institute Scholarships – Master’s application by 15th January 2027. Scholarship form between 8th and 24th February 2027.
- Joint Japan/World Bank – Varies between sources. Please check the official page.
- Stipendium Hungaricum – No information given. Last round closed on 15th January 2026.
- DAAD EPOS – Varies. The deadline depends on your course.
- Chevening – Closed 6th October 2026.
Open or Opening Soon
1. Gates Cambridge Scholarship
This provides funding for master’s and PhD courses at the University of Cambridge. Available to all nationalities except British citizens. Apply via the course application on Cambridge.
Deadline – 8th December 2026 or 6th January 2027, depending on your course. Funding for the MPhil in Economics course closes on 8th December 2026, according to Cambridge. Some sources say 2nd or 3rd December. Please check the official site. The earlier deadline for US citizens living in the US was 14th October 2026.
Funding Provided – According to one guide, this provides full fees, a yearly stipend of GBP 23,152, airfare, visa fees, and health surcharge. Please check how much is currently provided on the official site.
Things to Note – Only 75 scholarships are awarded each year. If you apply to a course requiring a GRE score and you do not have one, you will automatically be removed. Some courses will close early once they have filled up. Don’t leave it until the last minute to apply. Check if your course is eligible.
2. Eiffel Excellence Scholarship
This provides funding for master’s and PhD courses in France. Economics and Management is one of the subjects.
Deadline – Schools submit to Campus France by 6th January 2027. One guide says 8th January. Please check the official site. Earlier deadlines apply at schools. ENS Lyon has an earlier deadline of 20th November 2026.
Funding Provided – Master’s students receive EUR 1,181 per month, and PhD students receive EUR 1,700, according to Campus France. Other guides list different amounts. Please check the official site. Travel and insurance benefits are included. No tuition fees are provided. Partially funded.
Things to Note – You cannot apply yourself. You must be chosen by a French school. Age restrictions vary. Master’s students must be aged 25 and PhD students aged 30, according to Campus France. Older sources say 30 and 35. Please check the official site.
3. Erasmus Mundus Joint Masters
Only for master’s students. Study at two or more universities across Europe. Economics is one of the subjects, according to guides.
Deadline – Varies. Most close between October 2026 and January 2027. The EU announced 37 new programmes for the 2027 intake in July 2026. Not all have student pages available yet.
Funding Provided – Full funding, according to guides. EUR 1,400 per month for the full course (12–24 months). Tuition fees, some travel, and visa fees are covered. Please check individual programme pages.
Things to Note – Apply to each programme individually. Only top-ranked applicants receive full funding. You cannot apply if you have already won an Erasmus Mundus scholarship. Rules vary by programme regarding your bachelor’s subject.
4. Swedish Institute Scholarships for Global Professionals
Only for master’s students. Selected English-taught programmes. Entrepreneurship and Innovation is one of the subjects.
Deadline – Two stages. Apply to your master’s programme via University Admissions by 15th January 2027. Submit your scholarship form between 8th and 24th February 2027. Closes at 2:59 p.m. Central European Time. One guide says 9th to 25th February. Please check the official site.
Funding Provided – Fully funded, according to guides. Travel grant of SEK 15,000. The monthly amount varies. Please check the official site.
Things to Note – Only eligible countries can apply. Work experience is required. Only eligible programmes can be applied to. Don’t forget to apply to your course first; otherwise, you cannot apply.
5. Joint Japan/World Bank Graduate Scholarship Program
Only for master’s students. Previously listed economics and policy courses include LSE MSc in Development Management and Columbia MPA in Economic Policy Management.
Deadline – Varies between sources. One guide says 44 programmes are available for 2027. The first round is from 18th to 26th January 2027. Another guide says 23 programmes have no dates listed.
Funding Provided – Tuition fees, monthly living stipend, return airfare, health insurance, and travel allowance. Funding is for the duration of the programme or 2 years.
Things to Note – Only eligible developing countries can apply. Must have a paid, full-time job related to development. Must be admitted to the programme. The link for the form is only available to admitted candidates. Does not provide visa or family costs.
6. Stipendium Hungaricum
For bachelor’s, master’s, one-year master’s, and PhD courses in Hungary. Business is one of the subjects.
Deadline – No information given. A page on a Hungarian Embassy website says there is no information on the 2027/2028 call. The last round opened on 17th November 2025 and closed on 15th January 2026 at 2:00 p.m. Central European Time. Likely to open in mid-November and close in mid-January.
Funding Provided – Full tuition fees, stipend, and accommodation. The stipend does not cover full living costs, according to one guide. Consider this as full tuition fees and partial living costs.
Things to Note – Only eligible students from partner countries can apply. Must be nominated by your country’s sending partner. Eligible programmes depend on your country. Entrance exams may be required by universities.
7. DAAD EPOS Scholarships (Germany)
For master’s students. A few PhD programmes are available. For professionals from developing countries. Economics and Business is one of the subjects.
Deadline – Varies. Some courses have already closed in October 2026. Please check individual course pages.
Funding Provided – Fully funded, according to guides. Some show EUR 1,400 per month. Please check individual course pages.
Things to Note – Only eligible countries can apply. Work experience is required. Development-focused. A maximum of 3 courses can be applied to per cycle, according to one guide. Please check the official DAAD page.
Closed for 2026: Plan for Next Year
8. Chevening Scholarships
Only for master’s students. Fully funded for 1 year of study at a UK university. Any subject, including business and economics.
Deadline – Closed 6th October 2026 at 11:00 UTC. The 2026 round opened on 4th August. Likely to open in early August and close in early October next year.
Funding Provided – Tuition fees, return flight, monthly living allowance, and some settling-in costs.
Things to Note – Must be a citizen of an eligible country. Apply to UK universities separately. Must have an unconditional offer by a certain date. For this round, it was 8th July 2027. Please check the official page for work experience requirements and what you must do after your course.
How to Find the Right Scholarship for You
Find One to Match Your Profile
Look at what level you want. Gates Cambridge and Eiffel provide funding for PhDs. Most are for master’s students only.
Check if your bachelor’s subject fits the programme rules.
Choose one that matches your work experience. Sweden, DAAD, and Joint Japan/World Bank all consider this.
Check Your Country
Chevening, DAAD EPOS, Swedish Institute, and Joint Japan/World Bank are only for certain countries.
Hungary requires you to be nominated by your country’s sending partner.
Gates Cambridge is not open to British citizens.
Be Aware of Deadlines
Gates Cambridge funding closes before many course deadlines.
Eiffel requires you to be nominated by a school. School deadlines come first.
Sweden has an early deadline for the first stage.
3 Common Mistakes
Miss the Funding Deadline
Courses may still be open after funding deadlines. Apply before the earlier deadline.
Don’t Take a Required Test
Some economics courses require you to take the GRE. If you do not have a score, you may be removed. Check your course page.
Think Tuition Is Provided
Eiffel does not provide tuition. The stipend in Hungary does not cover everything. Check what is provided.
Conclusion
The soonest deadlines are Gates Cambridge (8th December 2026 or 6th January 2027, depending on your course) and some French Eiffel schools (ENS Lyon, 20th November). Eiffel files close at Campus France on 6th January. The Swedish master’s deadline is 15th January. Check Joint Japan/World Bank dates. Chevening is closed.
Tonight, look up the course directory on Cambridge and note down the funding deadline for your course.