Are you looking for a world-class MBA program that can help you achieve your career goals and personal aspirations? Then you might want to consider applying to the University of Cambridge, one of the oldest and most prestigious institutions in the world. In this blog, we will explore the various aspects of the Cambridge University MBA, such as its fees, requirements, average package, ranking, online course options, and placement opportunities. Whether you are a fresh graduate, a mid-career professional, or a senior executive, the Cambridge MBA can help you transform your potential and make a positive impact on the world. Read on to find out more!
Program Name | Master of Business Administration (MBA) |
School | Cambridge Judge Business School |
Duration | 1 year (full-time) |
Class Size | Around 200 students |
Program Format | Intensive, cohort-based |
Standardized Tests required | GMAT, GRE |
English Language Tests accepted | £56,000 |
Ranking | #1 in the world by The Economist (2023) |
This Blog Includes:
Cambridge University MBA: Overview
The Cambridge University MBA, offered by the Judge Business School, is a transformational 1-year program designed to empower future leaders and impact global business and society. Here’s a breakdown of its key aspects:
- Intensive & Cohort-Based: The program packs a lot into one year, fostering strong bonds among the diverse student body.
- Core Courses & Electives: It develops a strong foundation in core business disciplines with the flexibility to explore specific interests through electives.
- Leadership Focus: The program hones your leadership skills through dedicated courses, workshops, and guest speaker sessions.
- Capstone Project: You apply your learnings to real-world business challenges, gaining practical experience.
Also Read: Study at University of Oxford
Why Choose Cambridge University MBA?
Although a Cambridge University MBA degree would automatically open doors to any professional opportunity for you, here are some reasons showcasing why:
- World-Class Faculty: You learn from leading academics and industry experts at the forefront of business thinking.
- International Focus: You gain a global perspective through diverse classmates, international study trips, and a global curriculum.
- Personalized Career Coaching: You receive tailored guidance to achieve your career goals, leveraging the school’s strong alumni network.
- High Employment Rate: 92% of graduates find employment within 3 months, with an average salary of £100,000 (USD 133,000).
Cambridge University MBA Programs
While Cambridge University MBA does not provide traditional specializations in its programs, are 43 electives available, alongside 16 core courses, for students to tailor their education per their requirements. The institute also offers 9 concentrations if you wish to major in a specific field. Let’s take a look at them one by one:
Core Courses
- Advanced Strategy
- Corporate Finance
- Digital Business
- Entrepreneurship
- Financial Reporting and Analysis
- Microeconomics
- Macroeconomics
- Management Science
- Management Praxis
- Marketing
- Negotiations Lab
- Organisational Behaviour
- Operations Management
- Organisations versus Markets: Designs and Incentives
- Strategy
- Sustainable Business
Concentrations
- Culture, Arts and Media Management (CAM)
- Energy and Environment
- Finance
- Sustainable Business
- Digital Transformation
- Health Strategies
- Marketing
- Entrepreneurship
- Strategy
Cambridge University MBA Online Programs
Besides the on-campus mode, students can also pursue a Cambridge University MBA degree through online mode as well. Similar to their on-campus counterparts, these courses can also be customized according to the student’s needs and objectives. Some of them are as follows:
- MBA in Business Ethics & Compliance
- MBA in Diversity, Equity, Inclusion & Belonging
- MBA in Finance
- MBA in General Management
- MBA in Global Finance Trading
- MBA in Healthcare Management
- MBA in Human Resources Management
- MBA in International Management
- MBA in Quality Systems and Improvement Management
- MBA in Risk Management and Insurance
Also Read: How to Get Into Harvard University?
Cambridge University MBA Fees
The Cambridge University MBA offers multiple program variants, each with its tailored curriculum to cater to learners’ different needs and career goals. Their tuition fees also vary with the type of program variation you choose. Here’s a general breakdown:
Program Variation | Tuition Fees (per year) |
Full-Time MBA | £64,000 |
Executive MBA (EMBA) | £76,000 |
MBA for Executives (EMBA-Global) | £86,000 |
Part-Time MBA | £64,000 |
Cambridge University MBA Ranking
- Executive Education – Customised programmes: #38 in Executive Education Custom 2023
- Executive Education – Open programmes: #26 in Executive Education Open 2023
- The Cambridge EMBA – Ranked #31 in EMBA 2023
- Global MBA – Ranked #23 in MBA 2023
- Master in Finance – #6
Cambridge University MBA Entry Requirements
The Cambridge University MBA program has the same core entry requirements across its different variations (Full-Time MBA, EMBA, EMBA-Global, Part-Time MBA). Here’s a breakdown of the key essentials:
Academic Background
- You must have a minimum of a 2:1 Honours degree or an equivalent international qualification with strong academic performance.
- A minimum of 2 years of full-time work experience by the program start date.
Standardized Tests
Average GMAT score for admitted students: 630
English Language Proficiency:
If your native language is not English, you need to submit proof of English language proficiency through tests with the following minimum scores:
Test | Minimum Score |
TOEFL iBT | 110 with no individual score below 70 |
IELTS | Overall score of 7.5 with no individual score below 7.0 |
Additional Requirements
- Application Essays
- Letters of Recommendation
- Interview
Application Process
The application process for the Cambridge University MBA is the same for its different variations. Here are the steps involved:
- Application rounds typically open in 5 rounds lasting from August to May. Here are the deadlines for the academic year 2024:
Round | Date |
1 | 29 August 2023 |
2 | 3 October 2023 |
3 | 8 January 2024 |
4 | 11 March 2024 |
5 | 7 May 2024 |
- Start gathering required documents (transcripts, test scores, references, etc.) well in advance. Work on essays early to refine your narrative.
- Complete the online application form and submit all required documents by the deadline. Pay the application fee (around £165).
- Shortlisted candidates are invited for interviews, typically conducted online or on campus.
- Admissions decisions are communicated within a few weeks after the interview. If accepted, you’ll receive an offer outlining scholarship options, deadlines for deposit payments, and visa information.
Documents Required
Here are the general documents required during the application process for a Cambridge University MBA:
- Completed online application form
- Application fee payment confirmation (around £165)
- 2 letters of recommendation
- Updated Resume/CV
- Official Academic Transcripts
- GMAT/GRE scores
- English Language Test scores (TOEFL iBT, IELTS)
- Essays
- Portfolio
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FAQs
The average base salary for graduates of the Cambridge MBA program is impressive, typically falling around £92,501 (as of 2023).
Admission to the Cambridge MBA is highly competitive, with the program seeking diverse and accomplished candidates. You will need the following basic qualifications:
1. A strong academic record (often a bachelor’s degree with a good GPA),
2. Relevant work experience (ideally 3+ years),
3. A high GMAT or GRE score, and evidence of leadership potential.
4. Essays, letters of recommendation, and an interview.
The tuition fee for the Cambridge MBA program is currently £64,000 for the 2023/24 academic year, excluding additional living expenses, travel costs, or other program fees.
We hope that this blog gave you a detailed insight into the Cambridge University MBA program. To explore more courses to study abroad, subscribe to Leverage Edu today. Thank you for reading!