Chevening Scholarships- University of Oxford (MSc in Financial Economics) Ongoing

Scholarship Overview

The Chevening Scholarship offers complete investment for global college students to pursue a Master’s degree inside the UK, which includes the MSc in Financial Economics at the University of Oxford. The scholarship covers lesson fees, residing prices, and tour expenses. Applicants must have at least two years of work experience, meet Oxford’s entry requirements, and reveal management potential. The scholarship utility manner requires an unconditional provide from Oxford and a separate utility to Chevening.

Applicable course, university, and country

 

This scholarship is applicable for master’s Degree. This scholarship is applicable for the following courses in the University of Oxford in UK:

• Master of Science in Financial Economics
• Applicable to all 1 year Master programs

 

Scholarship amount details

The Scholarship amount varies
Conversion rate used: 1 Pound = Rs. 109.79
Scholarship amount will be given: One Time

Scholarship amount can be used for:

Type of Expense	Indicates if the scholarship can be used for this type of expense
Application	× Not covered in scholarship
Tuition & Fees	✔ Scholarship amount can be used for this
Living Expense	× Not covered in scholarship
Accommodation	× Not covered in scholarship
Air Fare/Travel Expenses	✔ Scholarship amount can be used for this
Spouse/Child Care	× Not covered in scholarship
Health Cover	× Not covered in scholarship
Others	✔ Scholarship amount can be used for this

Number of students to be Awarded
1500

Eligible student nationality

This scholarship is available for Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, British Indian Ocean Territory, British Virgin Islands, Brunei, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos Islands, Colombia, Comoros, Cook Islands, Costa Rica, Croatia, Cuba, Curacao, Cyprus, Czech Republic, Democratic Republic of the Congo, Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Eswatini (formerly Swaziland), Ethiopia, Faroe Islands, Fiji, Finland, France, French Polynesia, Gabon, Gambia, Ghana, Gibraltar, Greenland, Grenada, Guam, Guatemala, Guernsey, Guinea, Guinea-Bissau, Haiti, Honduras, Iceland, India, Indonesia, Iran, Iraq, Isle of Man, Israel, Ivory Coast, Jamaica, Jersey, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Luxembourg, Macao, Macedonia, Madagascar, Malawi, Maldives, Mali, Marshall Islands, Mauritania, Mayotte, Mexico, Micronesia, Moldova, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Myanmar, Namibia, Nauru, Netherlands, Netherlands Antilles, New Caledonia, Nicaragua, Niger, Nigeria, Niue, North Korea, Northern Mariana Islands, Norway, Oman, Pakistan, Palau, Palestine, Panama, Papua New Guinea, Paraguay, Peru, Pitcairn, Poland, Portugal, Qatar, Republic of the Congo, Reunion, Romania, Russia, Rwanda, Saint Barthelemy, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Martin, Saint Pierre and Miquelon, Saint Vincent and the Grenadines, Samoa, San Marino, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, South Sudan, Spain, Sri Lanka, Sudan, Suriname, Sweden, Switzerland, Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkmenistan, Turks and Caicos Islands, Tuvalu, U.S. Virgin Islands, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States of America, Uruguay, Uzbekistan, Vanuatu, Vatican, Venezuela, Vietnam, Wallis and Futuna, Western Sahara, Yemen, Zambia, Zimbabwe

Appication Process for this scholarship

 

• Step 1: Check Eligibility
  • Ensure you meet the eligibility criteria for the MBA program, including academic qualifications and work experience.
• Step 2: Prepare Required Documents
  • Transcripts: Academic transcripts from previous studies.
  • CV/Resume: An up-to-date CV outlining your education and work experience.
  • References: Typically two references (one academic and one professional).
  • Personal Statement: A statement outlining your motivation for pursuing the MBA and how it aligns with your career goals.
  • Test Scores: GMAT or GRE scores (if applicable).
• Step 3: Submit Your Application
  • Complete the online application form on the Oxford Saïd Business School website.
  • Pay the application fee (if applicable).
  • Submit all required documents before the deadline.

Scholarship Application
This scholarship needs a separate external application.

Scholarship link:
https://www.ox.ac.uk/admissions/graduate/fees-and-funding/external-funding

Application Link:
https://www.ox.ac.uk/admissions/graduate/fees-and-funding/external-funding

Application Documents

Type of Document	Indicates if this type of document is required to be submitted
Unconditional Offer from a UK University	Required
SOP	Required
Letters of Recommendation	Required
Evidence of Work Experience	Required
Identification Documents (passport or national ID)	Required

Important Dates & FAQ info

<td?? November 2024

Info	Date/Details
Scholarship Deadline
Decision Date	March 2025 (approximate)
Contact Email	chevening@chevening.org
Contact Number	+44 (0) 20 7008 8000

Additional Information

• Start early to gather all necessary documents.
• Tailor your personal statement for both the MBA and the Chevening application.
• Highlight leadership experience and future impact in your applications.

 

Scholarship Eligibility

 

• Citizenship: You must be a citizen of a Chevening-eligible country.
• Education: Typically, you need to have an undergraduate degree that will enable you to gain entry to a postgraduate program at a University of Oxford.
• Work Experience: A minimum of two years of work experience is generally required (equivalent to 2,800 hours).
• Language: Proficiency in English is necessary, usually demonstrated through standardized tests like IELTS or TOEFL, unless exempt.

Scholarship Restriction:
No Special Restriction applicable

Exams Details:

Exam Name	Indicates if Exam is Required and Cutoff (if any)
12th	Required
UG	Required
Work Experience	Required (minimum 2 years)
Minimum GMAT Score	Typically around 600 (varies by applicant pool)
Minimum GRE Score	Not specified, but competitive scores are recommended
English Language Proficiency	IELTS (minimum 7.5 overall) or TOEFL (minimum 110)

 

Additional Information – Scholarship Eligibility

• Required Tests: GMAT or GRE (applicants can choose one)
• Minimum GMAT Score: Typically around 600 (may vary annually)
• Minimum GRE Score: No specific minimum; competitive scores are encouraged
• GMAT Test Format:
  • Analytical Writing
  • Integrated Reasoning
  • Quantitative
  • Verbal
• GRE Test Format:
  • Analytical Writing
  • Verbal Reasoning
  • Quantitative Reasoning
• English Language Proficiency:
  • IELTS: Minimum 7.5 overall (no less than 7.0 in each component)
  • TOEFL: Minimum 110 overall (minimum of 25 in each component)
• Test Validity: GMAT/GRE scores must be valid (typically within 5 years)
• Test Dates: Offered year-round; check official test websites for scheduling
• Preparation Resources: GMAT and GRE prep courses, study guides, and practice tests available online
• Submission Deadline: Test scores must be submitted by the MBA application deadline (typically in April)
• Fees:
  • GMAT: Approximately £200
  • GRE: Approximately £200
  • IELTS: Approximately £180
  • TOEFL: Approximately £170 (fees may vary by location)

 

The rating is done considering various factors

Frequently Asked Questions

The frequently asked questions about the scholarship are:

What is a Chevening Scholarship?
Chevening Scholarships are prestigious awards funded by the UK government for international students to pursue one-year master’s degrees at UK universities.

Who can apply for a Chevening Scholarship?
Applicants must be citizens of eligible countries, possess an undergraduate degree, and have at least two years of work experience. They should also demonstrate leadership potential and a commitment to returning to their home country.

What does the scholarship cover?
The scholarship covers tuition fees, a living allowance, travel costs to and from the UK, and additional funding for special projects or travel within the UK.

How do I apply for a Chevening Scholarship?
Applications are submitted online through the Chevening website during the application window, which usually opens in August and closes in November. You will need to apply to at least three UK universities.

What documents do I need to submit?
Required documents typically include your passport or ID, academic transcripts, degree certificates, reference letters, proof of English proficiency, and a personal statement.