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The scholarships are awarded to those individuals who best represent ACCA's core values of opportunity, innovation, diversity, accountability and integrity. In addition, members also need to demonstrate how the MBA programme will make a positive contribution to their own career, the accounting profession and the community in which they live.

Who is eligible to apply?

Any ACCA member that fulfils the following criteria is eligible to apply for the MBA scholarship:

• be an ACCA member of good standing
• have regular access to IT facilities
• admitted to ACCA membership less than 10 years ago
• minimum of three-years' professional/managerial experience
• not already registered as a student on the MBA programme.

What does the MBA scholarship include?

ACCA awards two scholarships each year. The scholarship covers the full MBA course fee which includes textbooks and assessment but does not cover any fees for module deferrals or dissertation reassessment.

The MBA scholarship award also includes tuition fees for the two compulsory workshops you will be required to attend. There will be additional costs covering subsistence and accommodation which will be in a region of £450 per workshop plus travel costs to attend the workshops.

ACCA will provide an expenses allowance up to a maximum of £1000 for award winners outside Europe and £500 for award winners in Europe towards these costs. You will need to meet any costs above this amount.

ACCA's MBA scholarship is not deferrable. Should you decide to take up your place on the MBA programme for whatever reason, you cannot postpone your scholarship award, or assign the award to a third person. There is no cash alternative to the scholarship award.

How do I apply?

You will need to complete an MBA scholarship application form. The form should be type-written or hand-written legibly in black ink using BLOCK CAPITALS.

As part of the application procedure please include the following with your form:

• an up-to-date CV which briefly summarises your work experience, academic history, community activities and interests
• a personal statement (maximum 1000 words) explaining how you represent ACCA's core values, determination to complete the course, how you will find the time to study and describing the positive contribution you believe the MBA will make to your career, the accounting profession and the community in which you live
• provide the name and address of two contacts who have agreed to act as your referees. At least one of these should be your current employer or be able to comment on your ability in the workplace.

The above items should be submitted together with your application form to:

Learning Partnerships Department
ACCA
29 Lincoln's Inn Fields
London WC2A 3EE UK

What is the deadline for applications?

You will receive an e-mail acknowledging receipt of your application within two weeks of the closing date. Any scholarship applications received after the closing date will be automatically deferred for consideration in the following round for the MBA Scholarship award. Future MBA Scholarship submission dates will be advertised on ACCA's website.

What happens next?

If your application meets the scholarship criteria, the MBA Scholarship Committee will consider your application for the MBA scholarship, based on the information you have provided, together with your ACCA examination result transcript. The Committee is made up of ACCA's executive director of learning and customer service, director of education and professional development, head of learning partnerships and the MBA programme director.

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