How Prodigy Finance supports STEM, MBA & business school students at top global universities

Choosing to study abroad is one of the biggest decisions you can make for your future. Whether you are pursuing a STEM degree, an MBA or another business focused postgraduate programme, the opportunities can be transformative academically, professionally and personally. The cost of international education can also be a barrier, especially for students who do not have collateral, a co-signer or a local credit history.

Prodigy Finance was created to bridge that gap. Built specifically for international master’s students, it offers flexible, global minded loans that focus on your future potential rather than your current financial circumstances.*

In this guide, we explore how Prodigy Finance supports STEM, MBA and business school students as they pursue their ambitions at leading universities around the world.

The power of postgraduate study abroad

STEM and business degrees remain two of the most popular pathways for globally ambitious students. These programmes equip graduates with the skills most in demand across tech, innovation, finance, consulting, strategy and entrepreneurship.

Studying overseas does more than give you a degree. It gives you:

• Exposure to new cultures, technologies and ways of thinking

• Access to global recruiting networks

• Opportunities to build relationships with classmates, professors and industry leaders

• A chance to immerse yourself in a leading academic environment

This journey can shape your career for decades. It can also be expensive, which makes flexible, globally accessible financing more important than ever.

Why Prodigy Finance exists

Prodigy Finance was founded by international graduates who experienced the challenges of funding a global education first hand. Traditional banks typically require:

• Collateral such as property or fixed assets

• A co-signer with strong local income

• Domestic credit history

For many students from emerging markets or globally mobile families, these requirements are difficult to meet. Prodigy Finance takes a different approach.

The lending model considers your future earning potential, recognising that postgraduate STEM and business degrees from top universities can significantly increase career opportunities.*

This forward looking philosophy is particularly supportive for students who:

• Want to study in the US, UK, Europe, Canada or Asia

• Aim for competitive STEM or MBA programmes

• Do not have collateral or a co-signer

• Need a digitally driven, globally accessible loan process

Prodigy Finance’s global footprint for STEM and MBA students

Prodigy Finance supports master’s-level students from more than 120 countries, building a diverse community across leading global universities.

Popular supported destinations for STEM and MBA students include:

• The United States (including well regarded engineering and business schools)

• The United Kingdom (known for fintech, engineering innovation and global MBAs)

• Europe (Germany, France, Spain, the Netherlands and more)

• Canada (fast growing tech and business education hubs)

• Asia (select top tier business programmes)

Popular eligible programme types include:

• MSc degrees in STEM fields

• MS in computer science, data science, engineering or analytics

• MBA programmes

• Master’s in management (MiM)

• Master’s in finance, marketing, economics or related business disciplines

• Other professionally focused master’s degrees with strong career outcomes*

Programme availability depends on school level eligibility, country regulations and internal credit criteria.*

How Prodigy Finance supports STEM students

1. Alignment with technical and analytical careers

STEM students often target fields such as software engineering, data science, product development, research and applied engineering. These careers can have strong earning potential in global hubs.

Prodigy Finance’s approach takes this into account by looking at:

• The school and programme you choose

• Graduate career outcomes associated with that degree*

• Your academic and professional background

This means that a student with a strong profile and a recognised STEM programme may be able to access funding without collateral or a local co-signer.*

2. Support for high demand STEM degrees

Common Prodigy Finance supported STEM programmes include:

• MS in computer science

• MS in data science, AI or machine learning

• MS in electrical, mechanical, civil, biomedical or aerospace engineering

• Master’s in analytics, statistics or operations research

• Selected technology and innovation focused master’s degrees

These programmes typically require significant tuition investment and are often based in higher cost cities. Prodigy Finance may offer tuition only or tuition plus living costs loans depending on your school, programme and profile.*

3. Globally accessible, online application

Many STEM applicants work full time or already live outside their home country. Prodigy Finance’s online process supports this reality. You can:

• Check your eligibility in minutes*

• Upload documents securely online

• Receive an initial estimate without visiting a branch

• Sign your agreement digitally from anywhere

This digital experience suits applicants who are comfortable with technology and international mobility.

How Prodigy Finance supports MBA and business school students

1. Focus on postgraduate business careers

MBA and business master’s students often aim for careers in consulting, investment banking, product management, strategy, fintech, corporate leadership or entrepreneurship. These pathways can involve higher short term tuition costs alongside strong long term earning potential.

Prodigy Finance’s forward looking model reflects this by considering:

• The reputation of your business school

• The type of programme you are joining (MBA, MiM, finance, analytics and more)

• Your pre MBA work experience and career trajectory*

This can be particularly useful for students who are career switchers or who come from markets where traditional collateral based loans are less accessible.

2. Support for global business school destinations

Prodigy Finance supports many well known business schools across North America, Europe, the UK and other regions. Common programme types include:

• Full time MBA

• One year MBA

• Master’s in management (MiM)

• Master’s in finance, economics or financial engineering

• Master’s in business analytics or marketing analytics

Funding availability varies by school and programme, and all loans remain subject to eligibility and credit criteria.*

3. Flexibility for mid career professionals

Many MBA students are mid career professionals who:

• Have moved countries for work

• May not own property in their home market

• Want to avoid putting family assets at risk

Prodigy Finance does not require collateral, which means you can pursue your degree without pledging property. A co-signer is also not required for the core loan.*

What makes Prodigy Finance different from traditional lenders

1. No collateral requirement

Traditional lenders often require property or other fixed assets as security. Prodigy Finance does not ask for collateral. This benefits students from:

• Middle income households

• Families who live in rented accommodation

• Regions where property ownership is less common

It also reduces the pressure of involving family assets in your education plans.

2. No co-signer required

With many bank loans, a parent or guardian must act as co-signer. Prodigy Finance does not require a co-signer for the main product, which can be reassuring if:

• Your parents do not meet income or credit criteria

• You have worked independently for several years

• You prefer to take responsibility for your own funding

Co-signer options, where available, are subject to separate terms and are not required to apply.*

3. Future focused credit assessment

Rather than focusing only on current salary or local credit history, Prodigy Finance looks at your:

• School and programme

• Academic and career background

• Future earning potential based on historical graduate outcomes*

This approach reflects the idea that a master’s degree can unlock higher earning potential after graduation.

How the loan process works for STEM, MBA and business students

While each application is assessed individually, the overall journey follows a simple structure.

Step 1: Check eligibility online

You start by providing basic details such as your nationality, chosen school, programme and intake. You will see whether you are likely to be eligible and may receive an initial estimate.*

Step 2: Submit your application and documents

If you decide to continue, you complete your application and upload documents such as:

• Identification and proof of residence

• Admission or offer letters from your university

• Academic history and work experience records

• Financial information where required

Step 3: Receive and review your loan offer

If approved, you receive a loan offer that sets out:

• The maximum amount you can borrow (within your school’s cost of attendance limit)

• Whether funding is for tuition only or tuition plus eligible living costs*

• Your interest rate and any applicable fees*

You should review these details carefully to decide whether the loan suits your plans.

Step 4: Loan confirmation and disbursement

Once you accept your offer and complete any outstanding steps, Prodigy Finance coordinates with your school. Funds are sent direct to your university according to agreed timelines. This helps you meet deposit or fee deadlines without managing large international transfers yourself.*

Step 5: Grace period and repayment

After your studies, you have a grace period before regular repayments start. This gives you time to:

• Complete your programme

• Begin your job search or start a new role

• Set up your finances in your new location

When repayments start, you pay in agreed installments over the life of the loan.

How much can you borrow as a STEM, MBA or business student?

Your available loan amount depends on several factors.

Key elements include:

• Your school’s cost of attendance (COA), which sets the upper limit

• Whether your programme permits borrowing for living costs

• Your future earning potential based on your school and programme*

• Any scholarships, sponsorships or savings you already have

Prodigy Finance may offer tuition only or tuition plus living costs loans, depending on your eligibility.* Your final offer tells you exactly what your loan covers.

A student first checklist: is Prodigy Finance right for you?

Ask yourself:

• Am I planning a STEM, MBA or business focused master’s at an eligible university

• Do I want a loan option that does not require collateral

• Do I prefer not to involve a co-signer

• Do I need a fully online, globally accessible application process

• Is my future earning potential stronger than my current financial profile*

• Do I feel comfortable with a lender that specialises in international master’s students

If most of these answers are yes, Prodigy Finance may be a useful option to explore alongside scholarships and other funding sources.

Common questions from STEM and business school applicants

Does Prodigy Finance only support certain schools?

Yes. Prodigy Finance partners with selected universities and programmes around the world. School and programme eligibility can change over time, so it is important to check your specific institution on the platform.*

Can Prodigy Finance cover all of my costs?

Prodigy Finance may fund up to your school’s cost of attendance, subject to eligibility and credit criteria.* Your offer will confirm whether your loan is tuition only or tuition plus living costs.

Will my degree or specialisation change my loan terms?

Your school, programme and career prospects all influence the assessment.* Different fields may carry different earning potential, which can affect your rate and loan amount.

Do I need to be working to apply?

Many applicants are working professionals, although recent graduates can also apply. Your work experience, where relevant, forms part of your overall profile.*

Ready to explore your funding options?

If you are planning a STEM, MBA or business focused master’s at a top global university, exploring your funding early can give you more breathing room with applications, visas and relocation.

You can check your eligibility with Prodigy Finance in minutes and see an initial personalised estimate based on your school, programme and profile.*

Check your eligibility

Final thoughts

STEM, MBA and business school degrees can unlock new opportunities in technology, finance, consulting, entrepreneurship and beyond. Funding should support those ambitions, not stand in the way.

Prodigy Finance offers an alternative for international master’s students who need a flexible, globally aligned lending option that looks at future potential rather than only today’s bank balance.*

If you are ready to take the next step towards your postgraduate degree, understanding how Prodigy Finance works is a strong place to start.

*Loan and promotion offers are subject to our eligibility, funding, and credit assessment criteria.