Invest in an MBA student and earn 5%

Laura Miller
clock

An innovative scheme allows investors to back bright students who are an excellent credit risk and have an exceptionally low default rate.

Every year some of the world's brightest young adults start MBAs at top institutions. Many go on to run multinational corporations, earning huge salaries. But just as many struggle to find loans to cover the cost of a one-year programme, which can be around £60,000. Into the gap has stepped an innovative scheme, Prodigy Finance, which links tomorrow's business leaders with today's savers desperate to earn better interest, the Guardian reports. MBA students at the top schools typically earn more than £70,000 a year after graduating, yet face unique problems finding the money to stud...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers notice growing client demand for bespoke investments

Advisers notice growing client demand for bespoke investments

Want access to ETFs, investment trusts, equities, bonds and AIM shares

Isabel Baxter
clock 17 April 2025 • 2 min read
FCA outlines final CCI ruling timeline as it brings out second consultation

FCA outlines final CCI ruling timeline as it brings out second consultation

'Detailed engagement' to continue

Eve Maddock-Jones
clock 16 April 2025 • 3 min read
Talking with… Rathbones Asset Management's James Thomson

Talking with… Rathbones Asset Management's James Thomson

The series continues as Richard Romer-Lee chats to James Thomson

Richard Romer-Lee
clock 14 April 2025 • 4 min read