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Top Ten Frequently Asked Questions

  1. What is the mission of the MFMI and its MBA Project?
    Supported by the Consultative Group to Assist the Poor (CGAP) and the Open Society Institute (OSI), the MFMI seeks to build management capacity in microfinance worldwide. The MBA Project integrates the study of microfinance management into the curricula of standard graduate management programs.
  2. Where does the MBA Project work?
    MFMI currently works with six partner universities in four countries and with Fellows in seven countries. Please click here to see a list of activities at each university, their contact information and links to their web sites.
  3. How do I apply to the Microfinance in MBA Programs Project?
    Since the MBA Project is an integral part of the graduate management programs of our partner universities, you must apply to one of these universities through their normal admissions process.
  4. What are the entrance requirements to attend a partner university?
    Each university has its own set of entrance requirements. Students should refer to the web sites of our partner universities for specific admission requirements.
  5. Do all partner universities teach the same course?
    Partner universities do not follow a set curriculum. Each university has the discretion to teach topics that it believes are most relevant to its particular market. The MFMI will, however, be preparing a toolkit with a suggested course outline for microfinance management, together with references and case studies. The toolkit will be available to any and all interested universities.
  6. What is the language of instruction at partner universities in the MBA Project?
    The language of instruction at all universities, with the exception of INCAE, is English. The language of instruction at INCAE is Spanish.
  7. Does the MFMI offer scholarships?
    Unfortunately, the MFMI does not have the means to provide scholarship support at this time or in the foreseeable future. However, the MFMI recognizes that financial resources are often a limiting factor for students in pursuing graduate studies and will be informing donors about the program in the hope of developing their interest in supporting scholarships.
  8. Why does the MFMI not have a program in my country?
    The MFMI targets research and teaching in microfinance management only in developing countries where microfinance activity is most prevalent. The MFMI is extending the geographic outreach of the MBA Project beyond its existing partner institutions through a Fellows Program that supports smaller-scale research and teaching activities in additional countries.
  9. The MFMI does not have a partner institution or fellow in my country. What should I do?
    All of our partner institutions welcome international students, so you may want to apply for admission to one or more partner institutions within your region.
  10. Does the MFMI have a distance-learning program?
    At this time, the MFMI has no plans for distance-learning courses in microfinance management. However, such courses may be offered in the future.