Applications are now open for the Richard C. Malmsten Memorial Foundation Scholarship for students applying to master’s programmes at the School of Business, Economics and Law at the University of Gothenburg. This scholarship is positioned as a targeted financial support scheme for talented international candidates who are required to pay tuition fees in Sweden and who wish to pursue advanced studies in business, economics, finance, management, and related fields.
By offering a substantial tuition fee contribution over two years, the scholarship aims to ease the financial burden on admitted students and to strengthen the School’s ability to attract highly qualified fee-paying applicants to its specialised Master of Science programmes.
Scholarship Benefits and Financial Support
The Richard C. Malmsten Memorial Foundation Scholarship provides a partial tuition fee waiver that is explicitly structured to support students over the full duration of a standard two-year Master of Science programme. The scholarship covers a total of 100,000 SEK distributed over two years, which corresponds to a tuition fee waiver of 25,000 SEK per semester.
This means that scholarship recipients do not receive cash payments but benefit from a direct reduction in the amount of tuition they must pay to the University. The design of the award recognises that many international students face significant financial barriers when paying tuition fees in Sweden, and it seeks to mitigate these costs in a predictable and clearly defined way throughout the normal period of study.
Supported Master’s Programmes and Academic Focus
The scholarship is specifically linked to nine master’s degree programmes delivered by the School of Business, Economics and Law, offering focused support to students admitted to these tracks. Eligible programmes include the Master of Science in Accounting and Financial Management, Economics, Finance, International Business and Trade, Innovation and Industrial Management, Knowledge Based Entrepreneurship, Logistics and Transport Management, Management, and Marketing and Consumption.
Together, these programmes cover a wide range of core and emerging fields within business and economics, from corporate finance and macroeconomic analysis to international trade, innovation, entrepreneurship, logistics, and consumer behaviour. The scholarship information does not specify the language of instruction, and applicants are therefore expected to consult each programme’s official description for details on teaching language and any specific academic prerequisites.
Eligibility Requirements and Selection Logic
Eligibility for the Richard C. Malmsten Memorial Foundation Scholarship is clearly defined and directed towards fee-paying international applicants. To be able to apply, candidates must be required to pay tuition fees for education in Sweden and must have applied to one of the nine Master’s programmes at the School of Business, Economics and Law that are covered by this scheme.
Within this eligible pool, the selection process is competitive and based on academic merit measured through GMAT performance. Applicants are ranked by their GMAT minimum score, and the score must be sent directly to the School by the test organisation to be valid for consideration. Students who list the Graduate School’s master’s programmes as their first priority are given precedence in the ranking, and those who do not submit a GMAT score are explicitly not considered for the scholarship.
In addition, any applicant who has already been offered a scholarship from the Swedish Institute or a study scholarship from the University of Gothenburg is not eligible to receive this foundation scholarship, ensuring that the award is targeted at students who do not already benefit from other major funding schemes. The final selection is made by the School’s own selection committee, and its decisions are not subject to appeal.
Application Period and Importance of Early Preparation
The scholarship is tied to the Master’s programmes’ admission cycle at the School of Business, Economics and Law, with further practical information on how to apply for the Richard C. Malmsten Memorial Foundation Scholarship scheduled to be published in December 2025.
While precise opening and closing dates for the scholarship application are not yet provided, the announcement that details will appear later in December 2025 signals that prospective candidates must align their preparation with the broader master’s admission timeline. In practice, this means that applicants should complete their programme applications and arrange for their GMAT scores to be reported to the School well in advance, so that they are fully ready to act as soon as the scholarship application instructions are released.
Early preparation is particularly important given the competitive selection process and the requirement that only admitted or admissible applicants with valid GMAT scores will be ranked.