Marcus Wallenberg Foundation for Research in Business Administration - Scholarship

Marcus Wallenberg Foundation research grants

You will receive a grant to fund research in the field of business administration. A full-year research grant for PhD students or postdoctoral researchers is usually around 13,000 EUR. A travel grant for an international conference ranges from 1,000 EUR to 2,200 EUR, which you can apply for once a year. If you are an experienced researcher leading a larger project, you can apply for up to 300,000 EUR over a period of 2 to 3 years. The funding comes from the Dr h.c. Marcus Wallenberg Foundation for Business Research. This is an independent Finnish foundation that supports business and management-related research, primarily in Finland.

Who can apply

• Level: You are a PhD student, postdoctoral researcher or senior researcher leading a project. Research groups may apply as a team.
• Field: Your field of work is in business administration or in an area central to management.
• Research plan: You have submitted a clear, well-reasoned research proposal. The Foundation supports high-quality, internationally oriented research, so competition is fierce.
• Supervisor: To apply for a PhD scholarship covering full-time research, your supervisor will submit a letter of recommendation.
• Nationality: All nationalities can apply.
• Project grants: A research project must be led by a senior researcher and be based at a university. The university provides the facilities and handles the payments.

How to apply

Applications must be submitted in English via the online funding system at wallenberg.apurahat.fi. You will need to provide a CV, a research proposal of no more than 3 pages, a list of your publications and a budget. A budget is not required for PhD scholarships. You can apply for personal grants from 11 December 2026 until 8 February 2027. Late applications will not be considered. A separate application deadline in mid-June applies to research project grants.

If you are researching further funding options for business or academic work in Finland, our guide Scholarships in Finland brings together many more opportunities across the country.