The Pembroke Fund Scholarship: Eligibility, Deadline & How to Apply

The Pembroke Fund Scholarship is a prestigious and highly competitive award offered by Pembroke College, a constituent college of the historic University of Cambridge. It is designed to enable an outstanding candidate to pursue the Master of Finance (MFin) programme at the Cambridge Judge Business School. This scholarship seeks to support future finance leaders who possess not only exceptional academic prowess but also the vision to contribute positively to the finance industry and society at large.

For the 2025-2026 academic year (Fall intake), the application deadline is 31 March 2025. This guide provides a comprehensive overview for prospective applicants, detailing the eligibility criteria, the unique application process, the substantial financial coverage, and key deadlines. If you are an aspiring finance professional with a first-class academic record, this is your opportunity to receive full funding for one of the world's most renowned finance degrees.

This scholarship is exclusively for the full-time Master of Finance (MFin) programme at the University of Cambridge. It is not applicable to any other courses or universities.

Pembroke Fund Scholarship Awards

The Pembroke Fund Scholarship is a premier, fully-funded opportunity for a top-tier candidate to pursue the Master of Finance at the University of Cambridge. It provides the recipient with the chance to gain a world-class finance education from a top-ranked business school and become part of the influential Cambridge and Pembroke College alumni networks.

The scholarship is a full-tuition award, covering the entire cost of the academic programme.

The Pembroke Fund Scholarship Amount

The Pembroke Fund Scholarship is valued at £57,850 (approx. INR 60.5 Lakhs). This amount covers the full tuition fee for the MFin programme for the 2025-2026 academic year.

Pembroke Fund Scholarship Benefits

Beyond the significant financial coverage, the Pembroke Fund Scholarship offers immense prestige and professional advantages. You become a member of a world-leading university and an intimate, historic college.

The eligibility criteria for this scholarship are strict and designed to identify a single, exceptional candidate.

Who Can Apply

The scholarship is open to outstanding MFin candidates from any country with the equivalent of a UK first-class degree.

The application process is integrated with the MFin programme application. It is highly competitive, targeting one outstanding individual.

Step 1: Check Your Eligibility
Before you begin, ensure you meet the high bar for eligibility: a first-class equivalent degree, strong finance work experience, and the ability to fund your living costs.

Step 2: Apply for the Cambridge MFin Programme
You must first submit your application for the Master of Finance programme at the Cambridge Judge Business School through the University's online portal.

Step 3: Register Interest for the Scholarship
Once you have applied for the MFin, you must register your interest in the Pembroke Fund Scholarship with your Admissions Administrator.

Step 4: Prepare and Submit the Scholarship Essay
Write and submit the required 300-word essay addressing the specific prompt provided. This is a critical component of your scholarship application.

Step 5: Await MFin and Scholarship Decision
The selection committees will review applications. Being accepted into the MFin programme is a prerequisite for being considered for the scholarship.

Step 6: Receive the Scholarship Offer
If you are the successful candidate, you will receive an official award letter from Pembroke College.

Please note: The final deadline for the scholarship application is 31 March 2025 for the Fall 2025 intake.

Application Timeline for Pembroke Fund Scholarship

Adhering to the timeline is critical. The MFin programme has its own application rounds, and you must apply well before the scholarship deadline.

Pembroke Fund Scholarship Interview

While the scholarship itself does not typically have a separate interview, being shortlisted for the Master of Finance programme involves a rigorous interview process. If you are invited for an MFin interview, it is a crucial step. This interview, conducted by Cambridge Judge Business School faculty, will assess your academic readiness, career goals, and motivations, all of which are directly relevant to your scholarship essay and application.

The scholarship is open to outstanding MFin candidates with the equivalent of a UK first class degree.

You need to prepare several documents for your application to both the MFin programme and the scholarship.

• Valid passport.
• University transcripts and degree certificates.
• CV/Resume.
• Two academic or professional references (for the MFin application).
• English language test results (if applicable).
• Scholarship Essay: A 300-word essay on ‘’How will studying for the Master of Finance enable you to make a positive contribution to the finance industry and society in the future?’

FAQs about The Pembroke Fund Scholarship

Who is eligible for the Pembroke Fund Scholarship?

The scholarship is open to outstanding MFin candidates from any country with the equivalent of a UK first-class degree, strong work experience in finance, and the ability to fund their living expenses.

What does the Pembroke Fund Scholarship cover?

It is a full-tuition scholarship, covering the entire £57,850 fee for the Cambridge Master of Finance programme. It does not cover living costs, travel, or visas.

Can I apply for the scholarship before being accepted into the MFin programme?

No. You must first apply for the MFin programme and then register your interest for the scholarship. An offer for the MFin is a prerequisite for the award.

Do I need work experience for this scholarship?

Yes. Strong professional work experience in the finance sector is a key requirement for both the MFin programme and the Pembroke Fund Scholarship.

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