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IMD MBA LOANS

Bank loans
The IMD MBA finance committee works with two Swiss banks to provide student loans. As there are only a limited number of loans and funds available, the committee allocates financial assistance to individuals who demonstrate no alternative sources of funding for their IMD MBA. The maximum amount of any individual loan is CHF 65,000. Applicants are eligible only after:

  • Gaining acceptance into the IMD MBA
  • Confirming their intention to participate in the program by paying the advance deposit of CHF 15,000 to reserve their seat
  • Completing the MBA financial aid application form and submitting it to IMD

MBA financial aid application form
(DOC, 304kB)

The IMD finance committee reviews all applications and makes the final decision. The deadline to apply for loans is November 15, although as loans are allocated on a first-come-first-served basis, we encourage candidates to apply as soon as they have been accepted.

Alternative funding options can be found under
Funding by country

Bank loan conditions

The general conditions for a Swiss bank loan are as follows: 

  • Loan amounts are paid directly to IMD in January
  • A variable interest rate on the extended loan is repayable over a total of 4.5 years from the start of the MBA program (interest rate for 2008: 6.0%)
  • There is a quarterly 0.25% commission charge for the duration of the loan
  • Repayments begin after a grace period of six months following the graduation date
  • Payments are to be made in quarterly installments directly to the issuing bank
  • All information submitted is reviewed by the IMD MBA finance and alumni loan committees who are responsible for collecting the loan should any difficulties arise

If you apply for both an IMD MBA scholarship and an IMD MBA loan, the total amount received will not exceed CHF 65,000. Therefore, if you are awarded an IMD scholarship your loan amount will be reduced accordingly.
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