Oxford University and the Mastercard Foundation have established up to three fully funded graduate scholarships for African nationals pursuing the 2027–28 MBA programme at Saïd Business School, covering complete tuition and living costs for candidates committed to Africa’s development.
Partnership Launch and Scholarship Benefits for African MBA Candidates
Successful recipients receive comprehensive financial backing designed to remove economic barriers to advanced business education. The scholarship package covers full MBA course fees alongside a living-costs grant of at least £21,805.
In addition to tuition and living expenses, scholars gain access to tailor-made training programmes, dedicated networking opportunities, and structured support spanning the period before, during, and after their studies in Oxford.
AfOx Award Applicants Must File Paperwork by January
Applicants do not need to fill out a separate funding form to be considered for the AfOx award. The University of Oxford notes that candidates who are shortlisted for interview will subsequently be contacted by the institution.
While the Oxford MBA takes applications in five stages for 2027-28—specifically 2 September 2026, 5 October 2026, 4 November 2026, 6 January 2027, and 15 March 2027—prospective scholarship applicants must ensure their paperwork is filed by the January date, as Stage 5 is too late.
Oxford MBA Fees Total £94,120 for 2027–28
Securing a place in the twelve-month programme running from September to September involves substantial upfront planning. The course fee for the 2027–28 academic year totals £94,120 for the twelve-month programme running September to September.
Applicants must review eligibility limits carefully. Financial planning must also account for expenses left unmentioned in official funding summaries. Candidates applying to the Oxford MBA may also explore other funding opportunities available to African nationals or individuals ordinarily resident in Africa, such as the Skoll Scholarship for social entrepreneurs of any nationality, the Oxford-Pershing Square Graduate Scholarships funding the two-year 1+1 MBA, or Saïd Business School Foundation Scholarships and Weidenfeld-Hoffmann Scholarships and Leadership Programme. However, candidates should not confuse the MBA award with a much larger Mastercard Foundation Scholars Program with AfOx, aimed at 400 African scholars on one-year taught master’s courses which includes a return flight, visa costs, and a later placement period in Africa.
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