About the Scholarship

WHAT THE SCHOLARSHIP COVERS AND HOW IT IS DISTINCTIVE

The scholarship will cover:

• tuition fees for the full time MBA programme; and
• a grant to contribute to accomodation and living expenses (estimated at about $AUD 20,000 for 2008) and
• return business class airfare (to be confirmed)

The total value of the scholarship (for 2008) is thus about $AUD 100,000.

The scholarship is the most valuable in Australia for one year of study and compares favourably with the other notable scholarships; for example Rhodes, Menzies and Sir John Monash scholarships.

However, the Cranfield scholarship will be distinctively different from other scholarships available to Australians for overseas study because:

• it will be the only scholarship in Australia which is specifically focused on identifying the future business leaders and entrepreneurs, providing them a unique opportunity to accelerate their development.
• the scholarship winner must have at least 4-5 years of practical, “real-life” work and life experience with a track record of success and will most likely be around 28 to 34 years of age but there are no fixed upper or lower limits. By comparison, all of the other notable scholarships are either focussed on post-graduate academic research, have low age cut-offs for eligibility and require undergraduate degrees.

WHO IS ELIGIBLE TO APPLY

To be eligible to apply for the scholarship, the person must:

• Be an Australian national or Permanent Resident presently residing in Australia
• Be passionate about Australia and want to contribute to the country in the future
• Be accepted on the Cranfield MBA programme, through the normal Cranfield selection process. Cranfield’s minimum entry requirements are:
  a. Minimum GMAT score of 600; and
  b. Successful work experience of over three years
• Complete the Scholarship Application form, which simply asks the applicant to make a persuasive case to be awarded the scholarship.

Read our “frequently asked questions” section for more information