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13 Best Scholarships in Impact Investing

The widespread use of sustainable finance has prompted the creation of courses and degree programs worldwide to explore this new type of investing. It has also guided the design of scholarship programs that expand opportunities in social impact and development, particularly impact investing. Here are several scholarships available to study impact investing: Scholarships Programme | Oxford Impact Investing Programme

The Luxembourg-based Inclusive Finance Network ( offers a scholarship program to its members to help them advance financial inclusion in Luxembourg. It provides one complimentary grant to an member organization to attend the Said Business School – University of Oxford’s 5-day Oxford Impact Investing Programme. The scholarship covers tuition, educational materials, transportation, and lodging.

Morgan Stanley Sustainable Investing Fellowship | Columbia Business School

The Tamer Center for Social Enterprise at Columbia Business School and the Morgan Stanley Institute for Sustainable Investing jointly manage the Sustainable Investing Fellowship. The fellowship allows a select group of Columbia students to design and implement efforts to direct capital toward investments that promote long-term economic growth. Its goal is to raise private-sector money to address critical economic, social, and environmental concerns while training the next generation of leaders at the confluence of sustainability and finance.

The ESG For Impact Conference Scholarship

A group of First Affirmative Financial Network emeriti and longtime associates launched the ESG for Impact Conference Scholarship to bring qualified young people into the ESG/SRI community. Their purpose is to ensure that the pioneering SRI/ESG movement’s ethos, passion, and competence are passed down to the next generation. This association of industry experts provides full scholarships to a broad range of talented students and young professionals who want to work as client-facing SRI / ESG investing professionals. This conference is an excellent opportunity to learn more about SRI/ESG investing directly from industry experts.

Peter DeSimone Student Scholarship | Fundamentals of Sustainable and Impact Investment Course

The Peter DeSimone Student Scholarship Program covers the costs of attendance at the US SIF Annual Conference for fifteen undergraduate or graduate students. Scholars are welcome to attend the whole conference, including Member Day and our Fundamentals of Sustainable and Impact Investment seminar. The award aims to discover and encourage students from underrepresented communities in sustainable investing to pursue careers in the industry.

Turner MBA Impact Investing Network & Training (MIINT)

Turner MIINT provides the skills and experience that the next generation of impact investors requires. Students acquire hands-on experience investing for social change through online modules and advice sessions and a final competition with the possibility to win a $50,000 investment. Business students and creative mission-driven firms can benefit from the Turner MIINT program.

The Skoll Scholarship | University of Oxford’s Saïd Business School MBA

The Skoll Scholarship covers the entire cost of an MBA at the Sad Business School at the University of Oxford and a living allowance. It’s a competitive scholarship for prospective MBA students interested in developing entrepreneurial solutions to pressing social and environmental issues.

Energy and Sustainability Scholarships | University of Houston

Scholarships for students pursuing the Energy and Sustainability minor have been made available thanks to donations from Phillips 66, Equinor, and other benefactors. Students who get one of these scholarships must complete a research project and participate in certain co-curricular activities.

Sustainability and Social Impact Scholarships | University of Edinburgh Business School

The University of Edinburgh Business School is giving a number of scholarships to Master’s students that will pay a portion of their expenses. Candidates committed to social responsibility and sustainability, particularly in the business world, will be considered for the scholarships. Accounting & Finance MSc, Banking & Risk MSc, Business Analytics MSc, and Climate Change Finance & Investment MSc are all eligible.

GVSU Nichols Sustainability Scholarship

Grand Valley State University established the Nichols Sustainability Scholarship to recognize students who are dedicated to making a difference in the areas of environmental, social, and financial responsibility. The scholarship is given to full-time students who are making satisfactory academic progress and who have the potential to demonstrate Nichols’ commitment to sustainability.

NCL MBA Responsible Impact Scholarship and Sustainable Leadership Scholarship

Newcastle University’s MBA Responsible Impact Scholarship and MBA Sustainable Leadership Scholarship are designed to help businesses and society create a more inclusive and sustainable future. Candidates who can demonstrate significant expertise in leading sustainable and social business activities are eligible for the MBA Sustainable Leadership Scholarship. The Responsible Impact Scholarship encourages future leaders to be responsible. NCL prepares ethical and accountable global MBA graduates to be flexible, adaptable, and resilient global leaders.

BONUS. Other scholarship opportunities to be explored include:

Chevening Scholarships

The Foreign and Commonwealth Office (FCO) funds the Chevening Scholarship Scheme, which targets the next generation of leaders, decision-makers, and opinion-formers early in their careers. The UK government runs a global scholarship program that awards outstanding scholars with leadership potential. The awards are usually for a one-year Master’s degree at one of the UK’s universities. There are almost 43,000 Chevening alumni worldwide, who together form a powerful and well-respected global network.

Commonwealth Scholarships

Commonwealth Scholarships are available for students from Commonwealth countries that are developing. The UK Department for International Development is funding these scholarships (DFID). Interested students must apply to the Commonwealth nominating agency in their home country. Over 30,000 brilliant and ambitious people have benefited from Commonwealth Scholarships to attain the knowledge and skills needed for long-term growth.

Fulbright Program

Through academic and professional progress and cross-cultural discussion, the Fulbright U.S. Student Program broadens perspectives. In a complex and changing world, Fulbright makes connections. The Fulbright U.S. Student Program, which works with over 140 nations worldwide, provides unrivalled opportunities in all academic disciplines. Participants in the program pursue graduate studies, undertake research, or teach English in another country.

Financial aid and grants are also available for degree courses and short courses through online courses and MOOC platforms. Impact investing classes and potential assistance is available through Coursera, Udemy, and Linkedin Learning.