Cambridge MBA at Judge Business School offers 24 scholarships on merit, nationality, gender, sector, and entrepreneurship that also includes two scholarships – ‘Cambridge MBA Trust’, and ‘Gates Cambridge’ that supports all Cambridge University students for their post-graduate courses. The amount awarded ranges from £1,000 to £80,000 with the most popular remuneration set at £10,000.
Cambridge MBA Scholarship Selection Criteria
GMAT and Academic Criteria
On academic excellence, the university’s tradition to pick candidates with 3.5+ GPA is expected when it comes to the most competitive scholarships - Cambridge MBA Trust, Gates Cambridge, and St Catharine's Benavitch Scholarship for Cambridge MBA Students.
Overwhelmingly, for all the major scholarships, an excellent academic record and GMAT 700+ score, are two mandatory selection criteria. Since the average GMAT score for the latest class is 690, an impressive GMAT score to transform your profile into the competitive pool would be 730 and above.
The Boustany Foundation Scholarship for Lebanese candidates at £23,000, along with a stipend for Travel & Accommodation during the internship, is the most generous funding at Cambridge MBA where nationality is a selection criterion. Other nationality-based scholarships for students from Europe, South America, and the Middle East - all were limited at £10,000 with the only exception being the "The Cambridge MBA Professor Jochen Runde Scholarship for South African Nationals that was prized at £15,000.
Cambridge MBA Scholarship for Entrepreneurs and the Cambridge MBA Family Business scholarship were the only two scholarships awarded for start-up Entrepreneurs and established Businesses. Both the awards at £10,000 offered partial relief for the applicants. A selection criterion worth mentioning again is the high academic performance for the two scholarships that runs counter to the profile characteristics that we have seen in an Entrepreneurial MBA applicant.
Cambridge University Scholarship
Among all the scholarships offered to the Cambridge MBA students, the university scholarships – ‘Cambridge MBA Trust’, and ‘Gates Cambridge’ were the most supportive. Gates’ scholarship offered £53,000 to cover tuition fees and funded even the children; £10,120 for the first and the second child receiving £4,320, in addition to covering visa cost, immigration health surcharge and two-way airfare tickets.
Cambridge MBA Military Personnel Scholarship is the only scholarship were excellent undergraduate performance, and high GMAT Score is not mentioned as an explicit requirement. Instead, a clearly demonstrable leadership path influences the selection process.
The Forte Foundation Fellows Scholarship is the only scholarship available at Judge Business School for women candidates. 33% of women represented in the latest class is 7% below the class composition seen in top US MBA programs, but the £20,000 scholarship for two women MBA applicants with excellent academic record and community leadership has encouraged women applicants to consider the MBA program.
Candidates from Media (Cambridge MBA Culture, Arts & Media Scholarship), Pharma/Oil & Gas (Cambridge MBA LyondellBasell Scholarship), Private Equity (Cambridge MBA Monish Suri Private Equity Scholarship), Finance (Cambridge MBA Ruth Whaley Scholarship for Women in Finance), Healthcare (Cambridge MBA Healthcare Scholarship), Non-profit (Sainsbury Bursary Scheme), and Technology (Cambridge MBA Technology and Innovation Scholarship) were the six sectors with specific scholarships. All the scholarships on sector were tweaked at £10,000 with candidates interested in non-profit encouraged further with a £14,000 - £28,000 award.
Cambridge MBA Scholarships (2018 Amount and Number of Awards)
|Gates Cambridge||£ 53,000 + £14,900 (Single Student) + 1 Economy Single Airfare (Two ways) + Visa Cost + Cost of the Immigration Health Surcharge||Multiple Awards|
|Cambridge MBA Trust||Covers Tuition Fee and Partial Living Cost||Multiple Awards|
|Cambridge MBA LyondellBasell Scholarship||Up to £33,000||1-2|
|Boustany Foundation Scholarship for Cambridge MBA Students||£23,000 + Travel & Accommodation related to internship||1|
|The Cambridge MBA Professor Jochen Runde Scholarship for South African Nationals||£15,000||1|
|The Forte Foundation Fellows Scholarship||£20,000||2|
|Sainsbury Bursary Scheme||£14,000 - £28,000||5|
2018 MBA Research Guide - Choose your MBA
F1GMAT's Comprehensive MBA Research Guide will teach you how to select MBA programs through a bottom-up approach.
Articulating your Post-MBA Goals and Career Path is the FIRST step. Which program will give you that hike in Salary, Switch in Career, Change in Location or Job Satisfaction?
We cover them all through our extensive analysis.
+ How to Choose the Best MBA Program: Factors to Consider
Define Post-MBA Goals
Pick your Path: Generalize or Specialize
Use Moral Algebra Method
Use Multi-Attribute Utility Theory
Understand the Top 5 Risks
Measure MBA Career Service Team's Effectiveness
Use Bookending to Calculate MBA Admission Chance
Use Net Present Value to Calculate MBA Return on Investment
Don't Fall for the Mere Exposure Effect
Best Practices to find the truth in MBA Information Session or MBA Tour
Comprehensive MBA Research Guide: Includes Top MBA Programs by 19 Specializations:
+ General Management
+ Operations Management
+ Supply Chain Management
+ Luxury Management
+ Information Systems
+ Hospitality Management
+ Leadership Development
+ Military &
+ Top MBA Program Ranking
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+Comparisons - Top MBA Programs
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+ MBA in the UK (2018)
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