Finance your Masters in Engineering Management degree with a student loan
A Masters in Engineering Management enables students to enhance their skills and professional profile with a degree that sits at the intersection of the fields of engineering and business management.
Designed to bridge the gap between technical and commercial disciplines, MEM or MSEM programmes are multidisciplinary and are often grounded in the study of data analytics, machine learning, product management, operations, and supply chain management.
If you’re ready to study your Masters in Engineering Management abroad, we’re here to help! With Prodigy Finance, you can easily apply online for a borderless student loan to finance your education at many of the world’s best schools; you can finance your studies in Engineering Management in the US, UK, Canada, Australia, Germany, and in many other countries.
Our student loans don’t require collateral or a cosigner, and can be completed entirely online. By creating a Prodigy Finance account, you can even create multiple loan applications for as many schools as you like; each is assessed individually and uniquely.
We support 1,000+ great schools
Duke University
The Pratt School of Engineering at Duke University offers a Master of Engineering Management designed to enable graduates to integrate technical skills with business acumen in order to pursue a leadership career.
Arizona State University
The Ira A. Fulton Schools of Engineering at Arizona State University offers three specialised programmes, including an MS Tech in Management of Technology, an MS in Environmental Resource Management, and an MS in Construction Management and Technology.
Northeastern University
The College of Engineering at Northeastern University provides a Master of Science in Engineering Management with specialised focus on developing business competence for positions in the technology industry.
University of North Texas
The University of North Texas’ College of Engineering provides an MS in Engineering Management programme that offers candidates the ability to specialise in construction management or energy.
University of Maryland Baltimore County
The College of Engineering and Information Technology at University of Maryland Baltimore County offers an Engineering Management programme suited for engineers working in technology-oriented enterprises or government programs.
Cornell University
The College of Engineering at Cornell University has a MEng in Engineering Management degree path designed to enhance students’ technical depth and business skills with electives designed to provide a track area of specialisation.
Where can I study my Masters in Engineering Management with Prodigy Finance?
We’re proud to partner with hundreds of universities and schools worldwide - and regardless of whether you have a school in mind or would like to explore your options further, you can browse our entire catalogue of supported schools to find the right option for you.
How does Prodigy Finance’s loan application process work?
Our application process is simple, and takes just a few minutes.
- Once you’ve created your account and provided us with some basic personal information, we’ll be able to review your application and present you with a personalized and non-binding offer.
- You’ll have up to 14 days to accept your quote and upload your supporting documents.
- Once your documents have been reviewed and verified, you’ll be matched to funding in one of our matching rounds - after which we’ll send your loan confirmation letter, and you can then proceed to secure your international study visa. If you're attending a school in the US, your school will need to confirm your loan before we can send you your loan agreement to sign.
- You’ll then sign your application agreement on reaching your country of study, and after we’ll countersign.
- Your loan will be disbursed directly to your school - meaning you won’t need to worry about complex international transfers when arranging funds for your study abroad journey - and you’ll be able to begin your studies! As a full time student, you’ll only begin your repayments 6 months after your classes end.
- Remember - by registering your Prodigy Finance account, you can submit as many applications as you like. If you receive conditionally approved funding from us for your second period of study, you can also submit a new application for this funding closer to your class start date of your second period!
Am I eligible to get an international student loan?
We’re able to finance students from 150 different countries - and regardless of which of our supported schools you intend to apply to, we can assist you with an international student loan so long as you meet some basic eligibility criteria.
Broadly, you’ll need to be seeking admission to a school and programme we support, you must be seeking to study your masters abroad, and you must not reside in a country we do not support.
Why go with Prodigy Finance?
Starting at 11.18% APR
Our accessible student loans give you the flexibility to manage your studies. As a full-time student, you only begin repaying your loan 6 months after your class end date.
No collateral or co-signer needed
With us, you don’t need to place a deposit nor do you need a co-signatory to secure your loan.
Get an immediate offer
Once you’ve finalised your application, we’ll present you with a customised offer in just ten minutes.
Covers cost of tuition and living expenses
Your Prodigy Finance student loan covers your course fees and if applicable, accommodation and other expenses.
Here's a representative example
Education loan amount example
Interest rate example
We use a variable simple interest rate which tracks a fluctuating benchmark rate. The interest rate includes a fixed margin tailored to your application and the benchmark rate that will change throughout the life of the loan. We use 30-Day Average SOFR as this benchmark.
Education loan repayment example
Representative
APR
14.997%
APR (Annual Percentage Rate) is a rate that shows your total cost of borrowing, including the interest rate and any fees or additional costs. When comparing education loan offers from different lenders, it’s best to use APR rather than monthly interest rate. Your monthly interest rate will always be lower than APR because it only represents part of the total cost of your loan.
Watch this video to find out moreTerms and conditions
11.18% is the minimum possible Annual Percentage Rate you could be offered. This APR assumes a 4.98% fixed margin rate, a 5.3%* variable base rate (30-Day Average SOFR as of 8 January 2024), and a 5% administration fee. The actual rate offered will depend on your circumstances, loan amount and term, and may differ from the minimum and/or the average representative APR shown in our representative example above.
The average APR for student loans is 14.997%.
To qualify, borrowers must meet Prodigy Finance eligibility and underwriting requirements.
Prodigy Finance reserves the right to vary or discontinue its student loan product at any time without notice.
* Benchmark rates shown on this page are rounded to 2 decimals of a percentage for illustrative purposes. For the actual rate used, click here.
Questions? We have answers
Have queries about financing your studies, what documents you need in order to apply for Masters in Engineering Management loan as an international student, or need assistance in completing your application? We’re here to help. Explore our easy-to-use FAQs, or chat to a member of our team directly from your Prodigy account dashboard.
