ALBA Graduate Business School aims to attract the best applicants regardless of their ability to finance their education. For this reason, ALBA offers a number of scholarships to applicants who have demonstrated a strong academic performance. Furthermore, there is also financial aid, available to worthy candidates on the basis of financial need.
Scholarships are based on academic excellence, they are partial and are awarded on the basis of the following criteria:
- Excellent academic record
- High GMAT scores (at least 650 and above)
Financial aid covers part of the total fees. Candidates in financial need may apply for the Financial Aid program by providing the following information:
- Tax return (personal + family)
- Personal and social situation (e.g. large family, divorced, widowed, etc.)
There are certain rules that apply for the recipients of scholarships or financial aid:
- Candidates who have a conditional offer by ALBA may apply for scholarship or financial aid program. Candidates are expected to fulfill the conditions of acceptance before the start of classes. Candidates may be allowed to register for classes, however, any financial aid or scholarship kicks in as soon as the conditions for acceptance are met. In the meantime, the student pays by him/herself and can only register for part of the normal teaching load.
- All students receiving scholarships on the basis of academic excellence are expected to maintain a Cumulative Index (CI) of 3.0 or above. If the CI of a scholarship recipient drops below 3.0 at the end of a term, the scholarship will be discontinued until such time as the term Grade Point Average (GPA) or the CI rises to 3.0 or above. In such cases, the student will become personally liable for payment of tuition fees corresponding to the teaching periods (terms) for which both the term GPA and the CI have been below 3.0. This rule does not apply to the first teaching period of the Program.
- Fees paid are non-refundable.
Applicants who wish to apply for scholarship or financial aid must complete the relevant form which can be found upper right on this page and submit it to the MSc in Finance Program Office along with the application form.
For the Academic Year 2010 - 2011 we offer the following scholarships for the MSc in Finance program:
| The ALBA Scholarship Program |
Partial scholarships to applicants of all academic programs who have demonstrated outstanding academic performance.
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ALBA Scholarships for International Students |
A number of scholarships offered to international students for all academic programs. For more information please click here.
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The ALBA Financial Aid Program
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Financial aid offerings for all academic programs that cover part of the total fees. |
| KPMG Scholarships |
2 partial scholarships for the MSc in Finance Program covering 50% of the tuition fees. Candidates need to have at least 4 years of work experience and strong academic performance (at least 7.5 from Greek universities; 2.1 from UK universities; 3.40 from US universities).
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| The Athens Chamber of Commerce and Industry (ΕΒΕΑ) Scholarships |
2 partial scholarships (50% of the total fees) to members of the Athens Chamber of Commerce and Industry who apply to any of the following programs:
- Full Time MBA
- Professional MBA
- MBA in Banking
- MBA in Shipping
- MSc in Finance
- MSc in Strategic Human Resource Management
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| The British Hellenic Chamber of Commerce Scholarships |
Partial scholarships for the Professional MBA and the MSc in Finance to British citizens who work in company members of the British Hellenic Chamber of Commerce. Applicants who wish to apply for these scholarships, should fill in the Scholarship / Fin. Aid form and provide us with a certificate of their citizenship (passport or ID) as well as a certificate that the company that they are employed is a member of the British - Hellenic Chamber.
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The Hellenic - Dutch Association of Commerce and Industry Scholarships |
Partial scholarships for the Professional MBA and the MSc in Finance to Dutch citizens who work in company members of the Hellenic - Dutch Association of Commerce and Industry. Applicants who wish to apply for these scholarships, should fill in the Scholarship / Fin. Aid form and provide us with a certificate of their citizenship (passport or ID) as well as a certificate that the company that they are employed is a member of the Hellenic - Dutch Association of Commerce and Industry.
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ALBA-Koutsodontis Scholarship |
2 partial scholarships (50% of the total fees) to the KOUTSODONTIS Preparation Center student. To be eligible for this scholarship, applicants need a 600 minimum score at the GMAT.
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The Xenophon Zolotas Scholarship
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1 partial scholarship (50% of the total fees), in memory of the eminent Greek Economist for the MSc in Finance students. |
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The Theodoros B. Karatzas Scholarship
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1 partial scholarship (50% of the total fees), in memory of the late Governor of the National Bank of Greece for the MSc in Finance students. |