Scholarship

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IBS offers two kinds of scholarships for BSc students, the Starter Scholarship for new students and the Academic Scholarship for enrolled students after the first semester of studies.

IBS Starter Scholarships

The IBS Starter Scholarship offers to cover 50% of the first year tuition fee for applicants for any Buckingham-validated English-language Bachelor programme of IBS who, in addition to general entry requirements, meet the following criteria:

  • Age limit: 18-25 (at the time of the scholarship application)
  • IELTS overall band score 6.5 (with at least 6.0 in each component) or TOEFL 90 iBT (the certificate should not be older than 2 years)
  • Motivation letter

Application process:

Students should first apply online for the Bachelor programme of IBS and upload the required documents (high school diploma or latest transcript if diploma is not acquired yet, passport and IELTS or TOEFL language certificate). Students are supposed to indicate simultaneously their respective wish to be granted IBS Starter scholarship by emailing to scholarship@ibs-b.hu. Applications will be approved by the Rector and there is no appeal against his decision. If scholarship is approved, students must pay the remaining part of their tuition fee latest until 31 May 2017*.

*The fee is not refundable.

IBS has the following regional scholarship funds available for a limited number of students:

  • Latin America Scholarship fund
  • India Scholarship fund
  • China Scholarship fund
  • South-East Asia Scholarship fund
  • Sub-Saharan Scholarship fund
  • Non-EU, Eastern and South-Europe(including Turkey) Scholarship fund
  • Central Asia Scholarship fund
  • EU Scholarship fund

The Starter Scholarship cannot be used together with the Academic Scholarship.

Application deadline: 30 April 2017 

IBS Academic Scholarship

BSc students with excellent academic achievement may, upon request, receive a partial scholarship, in which case the IBS Foundation shall cover part of their semesterly tuition fee for one semester, in two categories:

Category I: partial scholarship covering 75% of the next semester’s tuition fee

Conditions of application (with reference to the preceding semester):

  • the student has delivered at least 80% of the modules defined by the respective standard curriculum
  • the student has acquired all coursework and examination marks prescribed
  • the arithmetic average of the student’s module-final marks is at least 75%
  • the student had no failed exams
  • none of the student’s module-final marks is lower than 70 percent

Category II: partial scholarship covering 50% of the next semester’s tuition fee

Conditions of application (with reference to the preceding semester):

  • the student has delivered at least 80% of the modules defined by the respective standard curriculum
  • the student has acquired all coursework and examination marks prescribed
  • the arithmetic average of the student’s module-final marks is at least 75%
  • the student had no failed exams
  • maximum two of the student’s module-final marks are lower than 70 percent

IBS Academic Scholarship is available from the second semester of year 1, but cannot be used together with the Starter Scholarship.

Latin American Master's Scholarship

The Latin American Master's Scholarship offers 20% discount from the programme fee for applicants for any Master's programme that IBS offers in cooperation with The University of Buckingham (Financial Management, Human Resource Management, International Management, Marketing Management).

Applicant must meet the following criteria in addition to the general entry requirements:

  • must be a citizen of a non-English speaking Central or South American country.
  • must have IELTS with overall band score 6.5 (with at least 6.0 in each component) or TOEFL 90 iBT. The language certificate should not be older than 2 years.
  • must attach a motivation letter to the scholarship email (minimum 200 words).

Application process:

Applicant should first apply online for the Master's programme of IBS and upload the required documents (Bachelor's degree or official transcript if degree is not available yet, passport and IELTS or TOEFL language certificate).

Applicant is supposed to indicate simultaneously his/her respective wish to be granted a Latin American Master's Scholarship by emailing to scholarship@ibs-b.hu and attaching the motivation letter.

Applications will be approved by the Rector in May 2017 and there is no appeal against his decision. If the scholarship is approved, applicant must pay the first semester's fee with the one-time registration fee of EUR 900 latest until 30 June 2016 (Budapest campus: EUR 3,760 + 900, Vienna campus: EUR 4,720 + 900). The second semester's fee (Budapest campus: EUR 3,760 , Vienna campus: EUR 4,720 ) is due in January 2018.

Application deadline: 30 April 2017

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