I'm putting together my application for Cambridge, and wanted to reach out to see if anybody is doing the same.
I have a quick question for everybody here: on the application requirements page it says you need "The ability to finance your MBA" - will we have to demonstrate this at any point during the process? What about if we are to apply for scholarships - can we note this as well?
Cambridge Judge MBA Applicants 2021/2022
Posted Dec 02, 2020 19:40
I have a quick question for everybody here: on the application requirements page it says you need "The ability to finance your MBA" - will we have to demonstrate this at any point during the process? What about if we are to apply for scholarships - can we note this as well?
Posted Dec 03, 2020 08:52
MBA scholarships exist normally to reward academic merit, not to meet financial needs. If you are unable to fund your MBA, admission managers' experience is that you are unlikely to convert an offer of a seat into matriculation. They would prefer to offer seats to students who are likely to attend.
State universities in Europe have very limited scholarship funds because of the tuition fees levied so far on [non-MBA] students from the UK and EU, which are lower than similarly-ranked universities in the English-speaking countries. Most scholarships cover a small part of the cost of attendance and, in practice, are there for bragging rights rather than to meet financial need. At most schools, the initial application is not the scholarship application. There's no benefit to flagging up the desire for scholarships in applications to those schools.
[Edited by Duncan on Dec 03, 2020]
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