Empowering Futures Scholarship: Eligibility, Deadline & How to Apply

The Empowering Futures Scholarship is a prestigious award offered by Imperial College Business School in partnership with MUFG Investor Services. It is designed to empower academically outstanding students from financially disadvantaged backgrounds or who are first-generation students to pursue a fully-funded MSc Finance degree at one of the world's top institutions. If you have the drive to excel in finance and have overcome significant barriers to access education, this scholarship provides not just financial support but also invaluable mentorship to launch your career.

For the 2025–2026 academic year, to be considered for this scholarship, you must apply for the MSc Finance programme in either Round 1 or Round 2. This guide will walk you through every step of the process, including eligibility criteria, how to apply, details of the funding, the paperwork required, and the interview schedule. You can be fully prepared to seize this transformative opportunity to study at a world-class business school in the heart of London.

This scholarship is exclusively applicable to the MSc Finance programme at Imperial College Business School. It is not transferable to other universities or courses.

Empowering Futures Scholarship Awards

The Empowering Futures Scholarship is a significant fully-funded opportunity for a talented student to pursue the MSc Finance programme at Imperial College Business School. It provides full financial coverage and a unique mentorship opportunity with leaders from MUFG Investor Services, giving you the chance to gain a world-class education and expand your professional network.

The scholarship covers a wide range of expenses to ensure you can focus fully on your studies. The support includes:

• Full tuition fees for the MSc Finance programme.
• A maintenance grant to support your living expenses in London.

Empowering Futures Scholarship Amount

The Empowering Futures Scholarship provides comprehensive financial support covering your entire study period. The exact total value is variable as it covers full tuition and a living stipend, but it represents a significant award.

Empowering Futures Scholarship Benefits

Beyond financial coverage, the Empowering Futures Scholarship offers unparalleled professional advantages. You join the prestigious Imperial College London community and gain a powerful industry mentor.

You must be an applicant to the MSc Finance programme at Imperial College Business School. The criteria are specific and must be met fully.

Who Can Apply for Empowering Futures Scholarship

Candidates who submit their application for the MSc Finance programme in admission rounds one or two and receive an offer can apply for this scholarship. The scholarship is aimed at empowering students who have overcome barriers to education, specifically those from financially disadvantaged backgrounds or who are the first in their family to attend university.

The application process is integrated with the MSc Finance programme application. It is highly competitive and involves multiple stages of assessment. You must follow each step carefully.

Step 1: Check Your Eligibility
Before you begin, carefully review the eligibility criteria for both the MSc Finance programme and the scholarship on the Imperial College Business School website. This ensures you meet all the necessary requirements before investing your time.

Step 2: Prepare Your Application
Gather all required documents, including your transcripts, CV, and secure your two references. Draft and refine your personal statement essays.

Step 3: Submit Your MSc Finance Application
Complete and submit your online application for the MSc Finance programme through the Imperial College portal in either Round 1 or Round 2. The application fee must be paid.

Step 4: Receive an Offer and Scholarship Invitation
If you are successful and receive an offer of admission, your offer email will include details on how to apply for the scholarship, which involves a required video assessment.

Step 5: Complete the Video Assessment
Prepare for and complete the scholarship video assessment, where you will articulate your background, achievements, and suitability for the award.

Step 6: Await the Final Decision
After the assessment, wait for the final scholarship results. Successful recipients will be notified the week commencing Monday, 16 December 2025 (for Round 1) or Monday, 31 March 2026 (for Round 2).

Step 7: Receive Your Award
If successful, you will receive your official scholarship confirmation and can begin preparations for your studies in London.

Application Timeline for Empowering Futures Scholarship

The entire process is tied to the MSc Finance admission rounds. Adhering to the timeline is critical for success.

Empowering Futures Scholarship Interview

If you receive an offer for the MSc Finance programme, you will be invited to complete a video assessment for the scholarship. This assessment is a key part of the selection process.

You will receive a link and instructions in your offer email. The video assessment platform will allow you to practice before recording your final submission.

You must effectively articulate how you have navigated financial challenges in your pursuit of education or highlight your experiences as a first-generation student, demonstrating your communication skills and leadership potential.

Candidates who submit their application for the MSc Finance programme in admission rounds one or two and receive an offer can apply for this scholarship.  

You need to prepare several documents for your application to both the MSc Finance programme and the scholarship. These are crucial for the assessment. Start gathering them early.

• Valid passport or national ID card.
• Academic transcripts and degree certificates (undergraduate and if applicable, postgraduate).
• Two references (either two academic, or one academic and one professional).
• Personal Statement (answering specific essay questions).
• Up-to-date CV/Resume.
• English language proficiency test results (if applicable).

FAQs about Empowering Futures Scholarship

Who is eligible for the Empowering Futures Scholarship?

You must be an applicant to the MSc Finance programme at Imperial College Business School who has applied in Round 1 or 2, received an offer, and can demonstrate either financial hardship or are a first-generation student with a strong academic and professional record.

What does the Empowering Futures Scholarship cover?

It is a fully funded scholarship that covers the full tuition fees for the MSc Finance programme and provides a maintenance grant to support living expenses in London.

Can I apply for the scholarship before receiving an offer?

No. You must first apply to the MSc Finance programme and receive an offer of admission. The scholarship application, which includes a video assessment, is only available to offer-holders.

Do I need work experience for this scholarship?

While not always mandatory for the MSc Finance programme itself, the scholarship criteria specifically mention a track record of professional excellence and achievement through internships and/or work experience, making it a crucial factor for selection.

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