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 at the top right of this page and submit it to the respective Program Office along with the application form.
For the Academic Year 2010 - 2011 we offer the following scholarships for the Full Time MBA 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. |
| AHEAD Scholarships for Micro Enterprises |
ALBA Graduate Business School’s Hub for Enterprise and Development (AHEAD) offers partial scholarships for the Full Time MBA and the Professional MBA students. For more information, please click here.
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| Bodosakis Foundation Scholarship |
One 100% scholarship for a Full Time MBA student. Candidates should be Greek nationals, have a degree of 8.0 in their undergraduate studies from a state universiry or accredited by DOATAP institution and above and be in finance need.
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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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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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Leventis Foundation Scholarships
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Two scholarships for Nigerian nationals that apply for the Full Time MBA Program. Scholarships cover full tuition fees as well as accommodation and living epxenses. |
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Novo Nordisk Scholarships
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Two scholarships for South African nationals that apply for the Full Time MBA Program. Scholarships cover full tuition fees as well as accommodation and living epxenses. |
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TITAN Cementarnica Usje Scholarhips
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One scholarship for FYROM nationals that apply for the Full Time MBA Program. The scholarship covers full tuition fees as well as accommodation and living epxenses. |