Scholarships

Find out more information regarding course scholarships, MSc Programme scholarships and alumni discounts for postgraduate study at Bayes Business School.

MSc Programme Scholarships

Every year we are able to award a number of scholarships to offer-holders on our Specialist Master's degree programme. Please see below for the scholarships on offer for 2022 intake, and application deadlines. All available funding opportunities for the Specialist Master's Programme at Bayes are listed here. If any further awards are confirmed for 2022 intake, they will be listed here.

In order to be considered for an MSc Programme scholarship, applicants must have accepted, and paid the deposit for, a conditional or unconditional offer of a place on an MSc degree at Bayes Business School. Unless otherwise stated, we do not accept scholarship applications from applicants who do not hold an offer on one of our MSc degrees. The deadline to apply for scholarships is usually in May. Late applications cannot be considered.

Decisions are normally made by the awarding body during the summer, and most results will be announced between June and August. We understand the importance of confirming the results of the scholarships as soon as possible. All scholarship applicants will be informed of the decisions by email as and when they are made. Please note that we are not able to provide updates on the status of individual applications.

Confirmed Scholarships for 2022 intake

September 11th Insurance Trust Scholarship

Overview

The September 11th Scholarship is provided by The September 11th Insurance Trust which is supported by Lloyds and a number of firms in the London insurance market. The Trust was established on the initiative of Aon and Marsh, in association with the Charities Aid Foundation (CAF), following the attacks in New York on 11th September 2001. The purpose of the Trust is to hold the proceeds of a charitable events, which are used to fund the education of young people working within the US or UK insurance industry.

There are two scholarships offered in memory of friends and colleagues who lost their lives in the attacks.

Value: Two scholarships, each worth £10,000

Criteria

Eligible courses: MSc Insurance and Risk Management (full-time September start only)

Geographical requirements: None.

Academic requirements: Must be able to demonstrate academic excellence.

Financial need: Applicants will be asked to demonstrate financial need.

Other: Applicants will be required to demonstrate why they want to work in the insurance industry and why the financial assistance is important to them.

Deadline: Applications closed on 10th May 2022

Stelios Scholarship

Overview

The Stelios Scholarships were established in 2006 by Sir Stelios Haji-Ioannou through the Stelios Philanthropic Foundation and is given in honour of academic excellence, demonstration of financial need, and promise of continued growth.

The Business School (formerly Cass) alumnus Sir Stelios Haji-Ioannou is the Chairman of easyGroup and is most famous for founding easyJet at the age of 28. He graduated from the Business School with an MSc in Shipping, Trade and Finance in 1988. His foundation, the Stelios Philanthropic Foundation is committed to dynamic philanthropy: making a positive, exponential difference through funding, inspiring and advising educational, entrepreneurial and environmental initiatives.

Value: Four scholarships, each worth £10,000

Further information about the Stelios Scholarship.

Criteria

Eligible courses: All finance and entrepreneurship related courses (full-time).

Geographical requirements: Must be a permanent resident of the EU or UK

Academic requirements: Must be able to demonstrate academic excellence.

Financial need: Must be able to demonstrate financial need.

Deadline: Applications closed on 17th May 2022

The Clélia Haji-Ioannou Scholarships

Overview

The Clélia Haji-Ioannou Scholarship was established in 2019 by Clélia Haji-Ioannou and is given in honour of academic excellence, demonstration of financial need, and promise of continued growth. Ms Clélia Haji-Ioannou provides two scholarships to the value of £10,000 each to be offset against tuition fees. Since 2019, we have had two Scholars with a total donation of £20,000 pounds.

Value: Two scholarships, each worth £10,000

Further information about the Clélia Haji-Ioannou Scholarship

Criteria

Eligible courses: MSc Shipping, Trade and Finance

Geographical requirements: None

Academic requirements: Must be able to demonstrate academic excellence.

Financial need: Must be able to demonstrate financial need.

Deadline: Applications closed on 17th May 2022

Haberman Fund

Overview

The Haberman Fund was set up to pay tribute to Professor Steven Haberman, former Dean of the Business School, who has been teaching and conducting research in Actuarial Science at the Business School for over 30 years.

Value: Two scholarships, each worth £4000

Criteria

Eligible courses: MSc Actuarial Science

MSc Actuarial Management (full-time)

Geographical requirements: None.

Academic requirements: Must be able to demonstrate academic excellence.

Financial need: Must be able to demonstrate financial need.

Deadline: Applications closed on 10th May 2022

The Matrona Michael Xylas (MMX) Scholarship

The Matrona Michael Xylas (MMX) Scholarship was established by Mr Nick Comninos Xylas in 2021 and is given in honour of academic excellence, demonstration of financial need, and promise of continued growth. The Matrona Michael Xylas (MMX) Scholarship is of the value of £12,000 each to be offset against tuition fees.

Value: One scholarship, worth £12,000

Further information on the Matrona Michael Xylas (MMX) Scholarship

Criteria

Eligible courses: MSc Shipping, Trade and Finance and MSc Energy, Trade and Finance

Geographical requirements: None

Academic requirements: Must be able to demonstrate academic excellence (normally evidenced by a UK First class Honours degree or the international equivalent).

Financial need: Must be able to demonstrate financial need.

Deadline: Applications closed on 17th May 2022

The Iain Allan Bursary

Overview

Iain Allan is an actuary and has been a Visiting Professor at the Business School for over twenty years. During his business career he has held senior positions in life insurance companies and the stockbroker Phillips & Drew. He was, for fifteen years, head of strategy at RBS. He is now an independent consultant.

Value: Six bursaries, each worth £5,000

Criteria

Eligible courses: MSc Actuarial Science, MSc Actuarial Management (full-time)

Geographical requirements: Permanent residents of India and Southeast Asia (for 2022 intake, four awards will be ring-fenced for permanent residents of India).

Academic requirements: Must be able to demonstrate academic excellence.

Financial need: Must be able to demonstrate financial need.

Please note that this award will be disbursed to the successful applicants in Term 2 of the MSc degree.

Deadline: Applications closed on 10th May 2022

The Worshipful Company of Insurers Scholarship

Overview

The Worshipful Company of Insurers (WCI) and Bayes Business School have established a scholarship scheme for students taking the MSc in Insurance and Risk Management at Bayes Business School. Under the scheme, two students will have their fees paid in full.

Scholars are expected to be drawn from areas of the UK considered to be relatively lacking in opportunity and they must also be able to demonstrate financial need.

Applicants must first submit the scholarship application form through the link below. Eligible applicants will then be passed to the donor panel for shortlisting, at which point they may be requested to provide further information. Shortlisted candidates will then need to submit a successful course application for MSc Insurance and Risk Management, and meet any associated offer conditions before starting the degree.

Value: Two scholarships, each worth £23,000

Criteria

Eligible courses: MSc Insurance and Risk Management (September start only. Offer-holders on the part-time course may be considered if they are not working in the Insurance industry at the time of application)

Geographical requirements: Permanent residents of the UK

Academic requirements: Must be able to demonstrate academic excellence

Financial need: Must be able to demonstrate financial need

Apply for the Worshipful Company of Insurers Scholarship

Deadline: 05 August 2022

The Wael Khatib Scholarship supported by Lockton MENA Ltd

The Wael Khatib Scholarship is set up by Lockton MENA Ltd as a tribute to the founder of Lockton in the MENA region, Wael Khatib. Wael was an extraordinary man with a rich history in the insurance industry and a respected and inspirational leader. One of the many features that distinguished him was his passion towards accelerating ones career through the solid foundation of academia. As he himself graduated from this Business School with an MSc Insurance and Risk Management, he always encouraged those around him to do the same from the very beginning of their careers. The scholarship has been created to continue his legacy and offer the opportunity for others to follow in his footsteps and use academic excellence as a spring board and promise for continued growth.

About the Donor

As the world’s largest privately owned, independent insurance broker, Lockton serves more than 65,000+ clients across six continents with risk management, insurance, employee benefits consulting and retirement services. Lockton’s 8,500+ Associates are committed to helping clients achieve the goals that make their businesses safer, smarter and more profitable.

Lockton MENA, headquartered in Dubai (UAE) and with 200+ associates, provides (re)insurance solutions handling major corporate clients in the UAE and throughout the Region. Offering innovation in their (re)insurance solutions, they travel extensively throughout the Middle East, and the major Insurance Hubs of the world to customize the best protection programs for their clients.

Ata Khatib, Chairman of Lockton MENA, said: “I believe as passionately as my father in the importance of academic excellence and helping the next generation in achieving it. Myself and wider management team are available to those who have been successfully awarded with this scholarship. We are happy to guide and mentor them throughout their career in insurance.”

Value: One scholarship, worth £23,000

Criteria

Eligible courses: MSc Insurance and Risk Management (full-time, September start only)

Geographical requirements: Must be a permanent resident of the MENA region

Financial need: Must be able to demonstrate financial need.

Deadline: Applications closed on 10th May 2022

Course Scholarships

Every year dozens of students on our postgraduate Programme are awarded this scholarship in recognition of their previous outstanding academic achievements and a strong course application.

This award is open to all applicants on full-time courses on the MSc Programme.

Eligible candidates will receive an invitation to apply for a course scholarship in their course offer letter. This will give further details of deadlines and how to apply. The majority of course scholarships are offered at the time the course offer is made, and while funds are still available.

The award amount can be up to 20% of the tuition fees and takes the form of a discount deducted from the second instalment of the tuition fees in January.

City, University of London alumni discount

Separate to these scholarship schemes all graduates of City, University of London are entitled to a 10% discount on the fees of an MSc course at Bayes Business School. Please note that, as we aim to offer awards to as many outstanding students as we are able to, City Alumni may only accept either the alumni discount or a course scholarship/MSc Programme scholarship (if applicable) - the larger amount would normally take precedence. For more information, please visit our Alumni benefits section.

Terms and Conditions of Awards

Please be informed that it is Bayes Business School Master's Programme policy that an offer-holder may not receive more than one of the following: MSc Programme scholarship/course scholarship award/alumni discount/partnership discount. Should you be awarded more than one of the above or be fully funded by an outside source (with the exception of a repayable bank loan) you would have to make a choice of which award you would like to accept.

All scholarships and discounts are credited towards the second instalment of tuition fees; students are therefore required to pay the whole of the first instalment (or the remaining fees if the award is larger than half the tuition fees) during registration.

Further details of the terms and conditions of accepting a scholarship/discount will be provided in the award confirmation letter.