Financing your EMBA will not be an easy task. It will take time and you will need to fully be engaged in to it to have the best results possible. However, as long as your starting the application process in advance, you will be able to do a consequent amount of research, thus finding the best solutions to fund your EMBA. 

Negotiation 

In order to finance your EMBA, one main factor will be to know when and how to negotiate. Asking for a full company sponsorship for your EMBA will be presumptuous. This level of funding can’t be permitted by the company policy. As such, the best option will be to negotiate with the company for any type of funding, even if, at the end, the company’s contribution is small. To have a better chance of receiving funding from your company, timing will be of the utmost importance. It is highly recommended to start your funding-seeking process as the sale time that you are starting your application process for the EMBA. Negotiation can take a certain amount of time and you will want to take care of that as soon as possible. Furthermore, letting the company a good amount of time to reflect on the possible funding that they can give you, will be greatly appreciated. 

Do some research on loan 

Finding a loan for EMBA study is not an easy task, especially nowadays because lenders have become more cautious, but it will be worth the try at the end. However, you might be able to be eligible for graduate student loans or personal development loans, depending on your situation. If you’re interested In getting a loan, pay attention to the interest rate that you might be eligible for. This interest rate will always be based on your credit rating. It is also advised to be careful about the period that the interest rate will apply for, you don’t want to have to pay a consequent amount of money in a short time. To find the best deal for your EMBA studies, seeking the opinion of a financial adviser will greatly help you. Don’t rush to find a loan. Taking your time and comparing multiple options is what will help you get the best loan. 

Browse scholarship applications

Another big research that you might want to do to finance your EMBA will be to look for scholarship applications. There are many of them that you can choose from depending on your situation. As such, it is recommended to research thoroughly the type of scholarship application that you can apply for. The primary source of this type of funding will be the business school in itself. The best way to know what scholarships they have will be to directly contact them. Taking your time and asking detailed questions about scholarships in multiple business school will help you find the one that is the most suitable for you. Most of the time, business school will be able to give a scholarship based on merit or need. You will also be able to seek scholarships from businesses, organizations or associations in some cases.