Why is MSL Business School offering these Merit Scholarships?

Michael Siaw Larbi (MSL) started writing the ICAG exam in his 2nd University year (Level 200) at the University of Ghana Business School, writing 16 papers in under 2 years and completing the ICAG exam with first time passes in his 3rd University year (Level 300) at 21 years of age. He completed the ICAG qualification, graduating as the Overall Best Candidate at the Final Level (Level 3), as well as winning the Overall Best Candidate awards for the remaining earlier ICAG Exam Levels.

Meanwhile, for his Undergraduate program at the University of Ghana Business School, he graduated the following year after completing the ICAG program, with First Class Honours, as the Valedictorian and Overall Best Graduating Student that year with a Final Grade Point Average (GPA) of 3.94 (out of 4.0) - the highest GPA that year.

These scholarships therefore provide an opportunity for MSL to give back, in a way that is meant to support highly driven and exceptional young students in their quest to obtain the ICAG qualification. You can read more about MSL’s academic journey here.

🎓 MSL Business School Merit Scholarships Available

We currently offer two competitive merit-based scholarships for ICAG students:

1. Future Leaders Scholarship Program (FLSP)

• Offers a full 100% tuition fee scholarship

• For exceptional current undergraduate students and recent graduates

2. Tertiary Achievers Scholarship Program (TASP)

• Offers a 40% tuition fee scholarship

• For current undergraduates with strong academic performance who do not meet FLSP criteria

📥 How to Apply

1. Check your eligibility under the scholarship criteria below.

2. Send an email to scholarship@michaelsiawlarbi.com, stating clearly which scholarship you are applying for.

3. Attach all required documents listed under your scholarship category.

4. If you were referred, include the full name of the person who referred you.

Future Leaders Scholarship Program (FLSP) – 100% Scholarship

The Future Leaders Scholarship is designed to fully support students with exceptional academic records who are either still in university or have recently graduated.

✅ Who is Eligible?

This scholarship is open to:

• Current undergraduate students at a Ghanaian university, or

• Recent graduates (within the last 12 months), and

• Applicants must be under the age of 27, and

• Applicants must be preparing for or pursuing the ICAG qualification.

📊 Minimum Academic Requirements:

For Male Applicants:

• GPA of at least 3.80 on a 4.0 scale, or

• GPA of at least 4.80 on a 5.0 scale, or

• Cumulative Weighted Average (CWA) of at least 78 out of 100.

For Female Applicants:

• GPA of at least 3.75 on a 4.0 scale, or

• GPA of at least 4.75 on a 5.0 scale, or

• Cumulative Weighted Average (CWA) of at least 75 out of 100.

Applicants who were awarded Valedictorian or Overall Best Graduating Student may apply — but only if they also meet the above GPA or CWA thresholds.

NOTE: Meeting the minimum academic requirements does not guarantee selection. The process is highly competitive and based on overall merit.

📄 Required Documents

• For Current Undergraduate Students: Submit either an official university transcript or a transcript downloaded from your university’s online portal, provided it is endorsed and/or confirmed by a faculty member of your university.

• For Graduates: Submit an official university transcript and final undergraduate degree certificate.

• All applicants must also submit:

• Valid student ID (for current students)

• National ID confirming age under 27

• Letter of award (if claiming Valedictorian or Best Graduating Student status)

📘 Exam Conditions

To maintain the scholarship:

• You must sit the full required number of ICAG papers in a single sitting:

  • Level 3 – all 4 papers (unless you have fewer remaining)

  • Level 2 – at least 4 papers (unless you have fewer remaining)

  • Level 1 – all 4 papers (unless you have fewer remaining)

• You must pass all papers at first attempt

• You are encouraged to score at least 60% in half of the papers you sit. This may be used to assess continued eligibility as you progress to higher levels.

Tertiary Achievers Scholarship Program (TASP) – 40% Scholarship

This scholarship supports current university students who are combining their undergraduate studies with ICAG preparation but do not meet the strict criteria of the Future Leaders Scholarship Program.

✅ Who is Eligible?

Applicants must:

• Be currently enrolled in an undergraduate program at a Ghanaian university

• Be under the age of 27

• Be preparing for or currently pursuing the ICAG qualification

• Have achieved one of the following:

  • A First Class Honours (not meeting the FLSP criteria), or

  • A very strong Second Class Honours (Upper Division)

Applicants who do not meet the FLSP academic thresholds but demonstrate strong performance and drive are encouraged to apply under this program. Exceptional graduates who narrowly miss FLSP criteria may also be considered here.

📄 Required Documents

• For current students: Submit either an official university transcript or a transcript from your university’s online portal, endorsed and/or confirmed by a faculty member.

• Valid student ID or proof of enrollment

• National ID confirming age under 27

🔁 Progression and Migration

Students who maintain strong academic performance will continue to benefit from the Tertiary Achievers Scholarship throughout their ICAG studies.

If a student completes their undergraduate program while still pursuing the ICAG qualification — and now meets the Future Leaders Scholarship criteria — they may be migrated to the FLSP and receive full 100% tuition support moving forward.

If you are hardworking, committed, and academically outstanding, we want to support your journey to becoming a Chartered Accountant.

Apply today.

Let us invest in your ambition.