Scholarships, Awards and Financial Assistance

The UBC Sauder School of Business is pleased to offer a number of financial aid, support and assistance options available to both domestic and international UBC MBA students. We encourage you to thoroughly research all options available to you.

UBC MBA Scholarship & Awards

Each year, the UBC Sauder School of Business awards entrance scholarships to 25-40% of the class, taking a merit-based holistic view of what each talented candidate brings into the program. Applicants are automatically considered for every applicable scholarship upon submission, and are assessed on a number of factors, including (but not limited to) work experience, academic achievement, business drive, application essays.

We strongly encourage you to submit your UBC MBA application early in order to be considered for our entrance scholarship opportunities.

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Scholarships & Awards  Value
Dean’s Entrance Scholarship
$20,000 – $40,000
Responsible Business & Community Spirit Scholarship
Awarded to top talent with a strong background in sustainability, social entrepreneurship and commitment to social causes.
$10,000 – $40,000
Talent Scholarships for International Students
$10,000 – $40,000
Hari Varshney MBA Entrance Scholarship
½ of tuition fees
Madhu Varshney MBA Entrance Scholarship
½ of tuition fees
General Entrance Scholarships
$5,000 – $20,000
British Columbia Graduate Scholarship
Scholarships of $15,000 each are offered by the Province of British Columbia to Canadian citizens or permanent residents registered in a graduate degree program in any field of study.

$15,000 (four)
Hager Family Award for Female Leaders
Offered to a full or part-time female student. Preference is given to a candidate with financial need with demonstrated leadership in employment/community.

Michael & Sonja Koerner First Nations Fellowship
Awarded to a Canadian First Nations student in Commerce & Business Administration with preference for a graduate level student.

Hoegg Family MBA Scholarship
Awarded by the Hoegg Family to a top female Canadian student and to a top female international student entering the Masters of Business Administration program.  The two recipients of the scholarship will be selected based on academic merit and exceptional leadership skills.

$15,000 (two)
CDL West Entrance Scholarship
Entrance Scholarship to high potential Full-Time MBA students with a passion for Entrepreneurship and Innovation.

$5,000 – $15,000
Schulich Fellowship for Entrepreneurship
Awarded based on entrepreneurial achievement or potential. Recipients who demonstrate leadership, initiative and innovation will receive particular consideration.

Sales and Marketing Executives of Vancouver Frederick H. Siller MBA Entrance Scholarship
Awarded to an outstanding student entering the MBA program and pursuing the Product & Service Management Career Track. The award is named in honour of Professor Fred Siller.
Sales and Marketing Executives of Vancouver MBA Entrance Scholarship
Awarded by the Sales and Marketing Executives of Vancouver to an outstanding student pursuing the Innovation & Entrepreneurship Career Track.  The recipient will have demonstrated leadership and innovation in their work experience and application.

External Scholarships

The following external organizations offer or administer a variety of scholarships for both domestic and international students. Please note that these scholarships are not administered by the UBC MBA Programs Office, the UBC Sauder School of Business or UBC, unless explicitly stated.

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External Scholarships
American Association of University Women Educational Foundation
Association of Commonwealth Universities
Association of Universities and Colleges of Canada (AUCC)
British Universities North America Club
FIDERH - Banco de Mexico
Fundacion Mexico para la Educacion
Institute of International Education (IIE)
International Education Financial Aid (IEFA)
The MasterCard Foundation Scholars Program
QS Scholarships
Rotary International

Loan Programs

The following institutions have offered to provide financing and assistance to eligible candidates enrolled in the MBA program. Loans or Lines of Credit may provide students with the financial assistance to help with tuition, books, personal living expenses, as well as everyday banking needs. Terms and conditions, and further details on the programs can be found below:

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Loan Programs

Canadian citizens/Permanent residents:

BMO Professionals Program for UBC MBA Students
Contact: Louis Tang,, 778-389-0300

RBC Professional Banking Program for UBC MBA Students
Contact: RBC UBC Wesbrook Village Branch, 604-221-5708

CIBC Professional Edge Line of Credit for MBA Students
Contact: Gavin Yang at 604-221-3550 ext 225 or Mark Ma at 604-221-3550 ext 231.

Government Student Loans
Contact: UBC Student Financial Assistance Office

International Students:

Banco de Credito Peru:
Thanks to a new student loan program, Peruvians can borrow the full costs of tuition and living expenses towards MBA degrees in Canada.

Prodigy Finance
Eligible to 150 nationalities worldwide, there are loans available for current and incoming international students. For more information, please visit their website here.  

MPOWER Financing
Eligible to over 200 nationalities worldwide and no cosigner required, MPOWER Financing was created as a Public Benefit Corporation to help promising international students fund their education. Visit their website here for more information.  

Other Financial Assistance

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Other Financial Assistance
Lifelong Learning Plan

The Lifelong Learning Plan is a Government of Canada initiative that allows individuals to use RRSP savings towards the cost of their education. Information on this program is available from Canada Customs & Revenue Agency.

Summer Internships

During the months of June, July and August, UBC MBA students are required to participate in an 8 - 16 week internship or complete an industry project. In 2014, 95% of MBA students acquired an internship. Paid internships average from $3500 to $5000 CAD per month.

Teaching Assistants/Research Assistants

MBA students do not normally assume the roles of Teaching or Research Assistants. These roles are usually occupied by MSc and PhD students in the Sauder School of Business.

Part-Time Work Opportunities

UBC MBA students are not encouraged to work part-time during the program owing to the large time commitment required for classes, group work and individual study. Some students continue to work part-time for their internship company during the final fall of the program.