Mastercard Foundation MBA Scholarship

The Mastercard Foundation MBA Scholarship is a transformative program designed to support outstanding African students pursuing Master of Business Administration degrees at partner universities worldwide. This comprehensive scholarship covers full tuition fees, accommodation, living expenses, travel costs, and academic materials for the duration of the MBA program. Established through the Mastercard Foundation’s Scholars Program, this initiative aims to develop a new generation of ethical leaders who will drive social and economic transformation across Africa. Eligible candidates must demonstrate academic excellence, leadership potential, and a commitment to giving back to their communities. The scholarship partners with prestigious business schools across Africa, Europe, and North America to provide world-class business education to scholars who might otherwise lack access to such opportunities. Applicants typically need to apply separately to both the partner university MBA program and the Mastercard Foundation Scholars Program, with selection based on merit and alignment with the foundation’s mission of advancing education and financial inclusion. Successful scholars become part of a growing network of change-makers and receive ongoing support through mentorship, career development, and alumni connections. The program represents a significant investment in Africa’s future business leadership and sustainable development.