Entrepreneurship Award at Bayes Business School 2025

The Entrepreneurship Award at Bayes Business School, part of City St George’s, University of London, is a merit-based scholarship designed to support talented candidates with an entrepreneurial mindset enrolling in the Full-Time Global MBA program for the 2025 intake. Valued at up to 30% of tuition fees (approximately GBP £14,400 based on 2025 tuition of GBP £48,000), this award targets individuals who have founded or worked in entrepreneurial ventures or plan to launch startups post-MBA. Bayes, renowned for its focus on entrepreneurship and innovation, is ranked 1st in the UK for Entrepreneurship by Poets & Quants (2021) and benefits from its location in London’s financial and startup hub. The award aligns with Bayes’ support for entrepreneurs through initiatives like the £15 million Bayes Entrepreneurship Fund and CityVentures, fostering connections with investors and industry leaders.

To be eligible for the Entrepreneurship Award 2025, applicants must:

• Be admitted to the Full-Time Global MBA program at Bayes Business School for the September 2025 intake.

• Demonstrate an entrepreneurial mindset, evidenced by:

  • Founding or working in entrepreneurial ventures (e.g., startups, social enterprises).

  • Clear plans to pursue entrepreneurial activities post-MBA (e.g., launching a startup, scaling a venture).

• Meet MBA admission requirements, including:

  • A bachelor’s degree or equivalent with a minimum UK 2:1 (or international equivalent, e.g., GPA 3.0+).

  • Minimum of three years of full-time work experience (average for Class of 2025: 6 years).

  • GMAT score of 600+ (average 650), GRE equivalent, or Executive Assessment (optional but recommended for scholarship consideration).

  • English proficiency for non-native speakers (e.g., IELTS 7.0, TOEFL iBT 100).

• Submit a complete MBA application, including additional scholarship essays demonstrating passion, drive, and potential to make a positive impact through entrepreneurship.

• Be open to all nationalities (domestic and international students).

• Exclusions:

  • Not available for part-time, Executive MBA, or other postgraduate programs (e.g., MSc Entrepreneurship).

  • Candidates can receive only one Bayes scholarship; the Entrepreneurship Award supersedes other awards (e.g., Women in Business Award) if offered.

  • Students with an FZ grade (failure) in any Rotman course are ineligible.

• Value: Up to 30% of the Full-Time Global MBA tuition fees, approximately GBP £14,400 (based on 2025 tuition of GBP £48,000).

• The award is applied as a tuition fee reduction, deducted from the second fee installment (January 2026).

• Non-renewable, covering the one-year MBA program duration (September 2025–August 2026).

• Note: The award covers tuition only and does not include living expenses (estimated at GBP £20,000–£25,000/year), application fees, or other costs. Total financial aid cannot exceed tuition fees, and adjustments may be made if combined with other funding (e.g., loans, external scholarships).

No separate application is required; candidates are automatically considered for the Entrepreneurship Award upon submitting a complete MBA application. Follow these steps:

1. Apply to the Full-Time Global MBA: Submit an application via the Bayes admissions portal (www.bayes.citystgeorges.ac.uk) or University of London’s application system for September 2025.

2. Submit Required Documents:

   • Official academic transcripts and degree certificates.

   • GMAT/GRE score or Executive Assessment (optional but recommended).

   • Resume detailing professional experience (minimum three years).

   • Two essays (e.g., career goals, entrepreneurial vision, typically 500 words each).

   • Two professional recommendation letters.

   • English proficiency test scores for non-native speakers (e.g., IELTS 7.0, TOEFL iBT 100).

   • Additional scholarship essays (included in the MBA application form) addressing entrepreneurial experience, future plans, and impact potential.

3. Complete Online Interview: Shortlisted applicants are invited for an online admissions interview, assessing academic fit, leadership, and entrepreneurial potential.

4. Scholarship Evaluation: The Scholarship Committee reviews complete applications, focusing on entrepreneurial achievements, scholarship essays, and interview performance.

5. Notification: Recipients are notified alongside or shortly after their MBA admission offer, typically within 4–6 weeks of the application round deadline.

6. Accept Offer and Pay Deposit: Accept the MBA offer, pay the £5,000 deposit by the specified deadline (typically 4 weeks post-offer), and enroll to activate the scholarship.

Note: Apply by Round 3 (March 31, 2025) for international students to allow visa processing time and maximize award consideration. Incomplete applications or missing scholarship essays disqualify candidates from award consideration.

• Completed Full-Time Global MBA application form.

• Official academic transcripts and degree certificates.

• GMAT/GRE score or Executive Assessment (optional, if submitted).

• Resume/CV detailing professional experience.

• Two essays (per MBA application requirements).

• Two professional recommendation letters.

• English proficiency test scores for non-native speakers (e.g., IELTS 7.0, TOEFL iBT 100).

• Additional scholarship essays (included in the application form, addressing entrepreneurial mindset and impact).

• Note: Unofficial transcripts and self-reported test scores are accepted initially, but official documents are required upon admission. International applicants must provide certified translations for non-English documents.

• MBA Application Deadlines (Full-Time Global MBA, 2025 Intake):

  • Round 1: October 6, 2024 (decision by November 17, 2024).

  • Round 2: January 5, 2025 (decision by February 16, 2025).

  • Round 3: March 31, 2025 (decision by May 12, 2025, recommended for international students).

  • Round 4: May 18, 2025 (decision by June 29, 2025, primarily for domestic students).

• Scholarship Notification: Rolling notifications with admission offers, typically November 2024–June 2025.

• Deposit Deadline: £5,000 deposit due within 4 weeks of admission offer to secure the scholarship and place.

• Enrollment Deadline: Enroll by the start of the MBA program (September 2025).

• Note: Deadlines are subject to change. Verify on www.bayes.citystgeorges.ac.uk or contact the MBA admissions team. Early application (Rounds 1–2) maximizes scholarship opportunities due to limited funding.

• Email: bayes-mba@city.ac.uk (for MBA and scholarship inquiries).

• Phone: +44 (0)20 7040 0286 (MBA Recruitment Team).

• Address: Bayes Business School, City St George’s, University of London, 106 Bunhill Row, London EC1Y 8TZ, United Kingdom.

• Office Hours: Monday–Friday, 9:00 AM–5:00 PM (GMT).

• Entrepreneurship Enquiries: deans-office@citystgeorges.ac.uk (for CityVentures or entrepreneurship programs).