The University of Cambridge is one of the world’s leading academic institutions, offering a range of postgraduate programmes in various fields of study. The Cambridge MBA is a one-year full-time programme that aims to develop the skills and knowledge of aspiring business leaders and entrepreneurs. The Cambridge MBA offers a unique learning experience, combining rigorous academic content with practical projects, networking opportunities, and personal development.
If you are interested in pursuing a Cambridge MBA, you may be eligible for various scholarships and financial aid options that can help you fund your studies. In this article, we will provide an overview of some of the most prominent scholarships available for the Cambridge MBA programme, as well as the eligibility criteria, financial coverage, application requirements, and deadlines.
Eligibility Criteria
The eligibility criteria for the Cambridge MBA scholarships vary depending on the specific scholarship, but in general, you need to meet the following requirements:
- You have a bachelor’s degree (equivalent to a high 2:1 on the UK scale) and have excelled academically.
- You have a valid GMAT/GRE score (the average score is typically around 690).
- You have excellent English language abilities (the minimum requirement is IELTS 7.5 or equivalent).
- You have at least two years of work experience and strong evidence of career progression.
- You have a learning mindset and strong interpersonal and collaborative skills.
- You have a clear and realistic career goal and a vision of how the Cambridge MBA can help you achieve it.
Some scholarships may have additional criteria, such as nationality, academic background, professional field, or personal circumstances. You should check the specific scholarship details before applying.
Financial Coverage
The financial coverage of the Cambridge MBA scholarships also varies depending on the specific scholarship, but in general, they can provide the following benefits:
- Full or partial tuition fee waiver (ranging from £10,000 to £55,000).
- Living expenses allowance (ranging from £5,000 to £15,000).
- Travel and accommodation expenses related to the programme (such as the Global Consulting Project or the Cambridge Venture Project).
- Additional support for personal development, networking, or mentoring.
Some scholarships may have additional benefits, such as access to exclusive events, workshops, or resources. You should check the specific scholarship details before applying.
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Requirement
The requirement for the Cambridge MBA scholarships is that you must first apply and receive an offer of admission from the Cambridge MBA programme. You can apply online through the Cambridge Judge Business School website. You will need to submit the following documents:
- A completed online application form.
- A personal statement (500 words) explaining your motivation, goals, and fit for the Cambridge MBA.
- A CV (one page) highlighting your academic and professional achievements.
- Two references (one academic and one professional).
- Transcripts and degree certificates of your previous education.
- GMAT/GRE score report (if applicable).
- English language test score report (if applicable).
- Application fee of £150.
The application deadlines for the Cambridge MBA programme are as follows:
- Round 1: 29 August 2023
- Round 2: 3 October 2023
- Round 3: 8 January 2024
- Round 4: 11 March 2024
- Round 5: 7 May 2024
You will be notified of the outcome of your application within four weeks of the deadline. If you are shortlisted, you will be invited to an interview, either in person or online, depending on your location and availability. The interview will assess your fit, motivation, and potential for the Cambridge MBA.
Document Requirement
The document requirement for the Cambridge MBA scholarships is that you must submit a separate scholarship application form for each scholarship that you are interested in. You can find the scholarship application forms on the Cambridge Judge Business School website. You will need to submit the following documents:
- A completed scholarship application form (specific to each scholarship).
- A personal statement (300 words) explaining why you are applying for the scholarship and how you meet the eligibility criteria.
- A CV (one page) highlighting your academic and professional achievements.
- Any additional documents required by the specific scholarship (such as a portfolio, a research proposal, or a financial statement).
The scholarship application deadlines are as follows:
- Round 1: 29 August 2023
- Round 2: 3 October 2023
- Round 3: 8 January 2024
- Round 4: 11 March 2024
- Round 5: 7 May 2024
You will be notified of the outcome of your scholarship application within six weeks of the deadline. If you are awarded a scholarship, you will need to accept it within two weeks of the offer. You will also need to pay a deposit of £15,000 to secure your place on the Cambridge MBA programme.
Deadline
The deadline for the Cambridge MBA scholarships is the same as the deadline for the Cambridge MBA programme, which is as follows:
- Round 1: 29 August 2023
- Round 2: 3 October 2023
- Round 3: 8 January 2024
- Round 4: 11 March 2024
- Round 5: 7 May 2024
You should apply as early as possible to increase your chances of receiving a scholarship and a place on the programme. You can only apply for scholarships after you have received an offer of admission from the Cambridge MBA programme