The Boustany Foundation MBA Scholarship at the University of Cambridge is one of the most prestigious privately funded scholarships available for MBA candidates worldwide. Awarded once every two years, this scholarship covers 75% of the tuition fees for Cambridge’s renowned 12-month MBA programme at the Judge Business School. Beyond financial support, it also includes an exclusive paid internship at the Boustany Foundation’s office in Monaco, making it a truly life-changing opportunity.
This scholarship is open to outstanding candidates from anywhere in the world. While the programme welcomes applicants globally, priority consideration is given to candidates of Lebanese descent. The ideal candidate is someone who combines academic excellence with strong leadership skills, ethical values, and a clear vision for their career. If you have already secured or are in the process of applying to the Cambridge MBA, this scholarship could make your dream a reality.
This post covers everything you need to know about the Boustany Foundation MBA Scholarship, including who is eligible, what benefits you will receive, what documents to prepare, and exactly how to apply before the May 15, 2026 deadline. Read on so you have everything you need in one place.
Scholarship Overview
| Host Country | United Kingdom (Cambridge) + Internship in Monaco |
| Degree Level | MBA (Master of Business Administration) |
| Funding Type | Partial scholarship (external) |
| Deadline | 15 May 2026 |
| Who Can Apply | Global applicants; priority given to candidates of Lebanese descent |
| Benefits Summary | 75% of tuition fees + travel and accommodation for Monaco internship |
About the Scholarship
The Boustany Foundation is a private philanthropic organisation that believes in empowering exceptional individuals through access to world-class education. Their flagship MBA scholarship at Cambridge University is awarded to one candidate every two years, making it a highly competitive and deeply personal award.
The scholarship is tied to Cambridge Judge Business School’s MBA programme, a 12-month intensive course that prepares graduates for senior leadership roles in business and global organisations. Scholarship recipients also become members of the historic Pembroke College in Cambridge, connecting them to a vibrant academic community with centuries of tradition.
One of the most unique aspects of this scholarship is the summer internship at the Foundation’s Monaco office. Recipients spend two months there, working on meaningful projects aligned with the Foundation’s mission, with all travel, food, and accommodation expenses covered. Past recipients describe it as one of the most enriching experiences of their careers.
Eligibility Requirements
To be considered for the Boustany Foundation MBA Scholarship, you must meet the following criteria:
- Citizenship: Open to candidates of all nationalities worldwide. Priority will be given to applicants of Lebanese descent.
- Academic qualifications: You must meet all the admission requirements of Cambridge Judge Business School for the MBA programme. This includes demonstrating high intellectual potential and a strong academic record.
- Admission offer: You must have received or be in the process of receiving an offer of admission to the Cambridge MBA programme. You must apply to the Cambridge MBA by Round 3 to receive your outcome before the scholarship deadline.
- Acceptance of offer: You must have accepted your place on the Cambridge MBA before you can be considered for the Boustany Foundation Scholarship.
- Leadership and ethics: Candidates must demonstrate strong leadership potential, ambition, and a clear commitment to high ethical standards.
- Career achievements: The Foundation looks for candidates with significant career achievements alongside their academic record.
- Language requirements: English proficiency requirements will follow Cambridge Judge Business School standards. Check the Cambridge MBA admissions page for specific test scores required.
Eligible Countries
This scholarship is open to candidates from all countries around the world. The Boustany Foundation does not restrict applications by nationality. Priority is given to candidates of Lebanese descent, regardless of which country they currently reside in or hold citizenship for.
Below is a non-exhaustive overview of eligibility by region. If you can secure an offer of admission to the Cambridge MBA, you are eligible to apply for this scholarship.
- Africa: All African countries are eligible, including Nigeria, Kenya, Ghana, South Africa, Egypt, Ethiopia, and all others.
- Asia: All Asian countries are eligible, including India, China, Japan, South Korea, Singapore, Pakistan, Bangladesh, and all others.
- Americas: All countries in North, Central, and South America are eligible, including the United States, Canada, Brazil, Mexico, Colombia, and all others.
- Europe: All European countries are eligible, including the United Kingdom, Germany, France, Italy, Spain, the Netherlands, and all others.
- Middle East: All Middle Eastern countries are eligible, with particular note that Lebanese candidates and those of Lebanese descent will receive priority consideration.
- Oceania: Australia, New Zealand, and all Pacific nations are eligible.
Eligible Fields of Study
This scholarship is specifically tied to the Cambridge MBA programme at Cambridge Judge Business School. It is not open to other degree programmes or fields of study.
The Cambridge MBA is a generalist management programme that covers a wide range of business disciplines, including:
- Strategy and leadership
- Finance and accounting
- Marketing and entrepreneurship
- Operations and technology management
- Organisational behaviour
- Global business and international management
If you are interested in pursuing a postgraduate degree in a field other than the MBA, this particular scholarship will not apply to you. However, you can visit the SchoolNews.info website to find scholarships in your specific field.
Scholarship Benefits
The Boustany Foundation MBA Scholarship comes with a generous and well-rounded package of support:
- Tuition fees: The scholarship covers 75% of the total MBA tuition fees at Cambridge Judge Business School. This is a significant financial contribution given the cost of the Cambridge MBA programme.
- Monaco internship travel: All travel expenses for the 2-month summer internship at the Foundation’s office in Monaco are fully covered.
- Monaco internship accommodation: Full accommodation expenses during the internship period in Monaco are provided at no cost to the recipient.
- Monaco internship meals: Food expenses during the Monaco internship are also covered, meaning you can focus entirely on your work and experience.
- Pembroke College membership: Scholarship recipients gain membership to the prestigious Pembroke College at Cambridge, becoming part of one of the university’s most historic academic communities.
- Ambassador role: Recipients serve as Cambridge MBA ambassadors, working with the Marketing, Recruitment, and Alumni teams. While not a financial benefit, this provides exceptional professional exposure and networking opportunities.
Required Documents
The exact list of documents required for the Boustany Foundation Scholarship application is not fully detailed on the scholarship page. However, based on the application process, here is what you are likely to need. Always confirm the full list on the official Boustany Foundation website before submitting.
- Valid international passport (copy)
- Proof of admission offer from Cambridge Judge Business School for the MBA programme
- Proof of acceptance of your Cambridge MBA offer
- Official academic transcripts from all universities attended
- Degree certificate(s) or graduation confirmation
- Updated CV or resume highlighting career achievements and leadership experience
- Statement of purpose or personal essay explaining why you are applying and how the scholarship aligns with your goals
- At least two letters of recommendation from academic or professional references
- English language test scores (such as IELTS or TOEFL) if required by Cambridge
- GMAT or GRE scores as required by Cambridge Judge Business School
- Any additional documents requested on the Boustany Foundation application portal
How to Apply
The application process for the Boustany Foundation MBA Scholarship involves two separate but connected steps: first securing your place on the Cambridge MBA, and then applying directly to the Foundation. Here is a step-by-step guide:
- Research the Cambridge MBA: Start by thoroughly reviewing the Cambridge Judge Business School MBA programme page to understand the curriculum, entry requirements, and costs. Make sure this programme aligns with your career goals.
- Prepare your Cambridge MBA application: Gather all documents needed for the Cambridge MBA application, including your GMAT or GRE scores, transcripts, essays, and recommendation letters. This application must be submitted before the scholarship deadline.
- Apply to the Cambridge MBA by Round 3: Submit your application to the Cambridge MBA programme. It is critical that you apply by Round 3 so that you receive your admission outcome in time to meet the Boustany Foundation scholarship deadline of 15 May 2026.
- Receive and accept your Cambridge MBA offer: Once you receive an offer of admission from Cambridge Judge Business School, formally accept it. You cannot apply for the Boustany Foundation Scholarship without an accepted offer.
- Visit the Boustany Foundation website: Go to the official Boustany Foundation website to read the latest scholarship details and access the application form. Confirm the exact documents and questions required for this cycle.
- Prepare your Boustany Foundation scholarship application: Write a compelling scholarship essay or personal statement. Highlight your Lebanese descent if applicable, your career achievements, leadership experience, and what you hope to contribute through the scholarship and the Monaco internship.
- Gather supporting documents: Collect all required documents as listed on the Foundation’s application portal. Ensure your letters of recommendation are from credible professional or academic references who can speak to your leadership and character.
- Submit your application to the Boustany Foundation: Apply directly to the Boustany Foundation before 15 May 2026. Double-check that all documents are properly attached and that your application is complete before submitting.
- Prepare for interviews: Based on past recipients’ experiences, the Foundation conducts multiple rounds of interviews, including a final interview with Mr Fadi Boustany himself. Prepare thoughtful answers about your personal and professional decisions, your background, and your vision for the future.
- Wait for the scholarship outcome: The Foundation announces the scholarship award during the month of June 2026. If successful, you will be contacted with next steps.
Key Dates and Timeline
| Milestone | Date |
| Application Opens | To be Determined |
| Cambridge MBA Round 3 Deadline | Check Cambridge Judge Business School website |
| Boustany Scholarship Application Deadline | 15 May 2026 |
| Shortlisting | To be Determined |
| Interviews | Multiple rounds including final interview with Mr Boustany |
| Scholarship Outcome Announced | June 2026 |
| Programme Begins | September 2026 |
Application Deadline
The deadline to apply for the Boustany Foundation MBA Scholarship is 15 May 2026.
Applications submitted after this deadline will NOT be accepted. Make sure you complete your Cambridge MBA application well before this date, as you need to have received and accepted your admission offer first.
Selection Criteria
The Boustany Foundation looks beyond basic eligibility when selecting their scholarship recipient. Based on the available information and testimonials from past recipients, here is what they assess:
- Academic excellence: You must have an outstanding academic track record that meets and exceeds Cambridge Judge Business School standards.
- Leadership potential: The Foundation is looking for people who demonstrate real leadership ability, not just in title but in how they have influenced people, organisations, or communities.
- Career achievements: Strong, meaningful career accomplishments are central to the application. The Foundation wants to see that you have already made a positive impact in your field.
- Ambition and vision: A clear, realistic, and inspiring plan for how you intend to use the Cambridge MBA and the scholarship to grow and contribute to the world.
- Ethics and integrity: Strong moral character is explicitly mentioned. Your decisions and values will be assessed during the interview process.
- Lebanese descent: While not a hard requirement, priority consideration is given to candidates with Lebanese heritage.
- Commitment to the Foundation’s mission: Candidates who can genuinely contribute to the Boustany Foundation’s work during and after the Monaco internship will stand out.
- Interpersonal fit: Given the personal interview with Mr Fadi Boustany, the Foundation also values genuine human connection and alignment with the Foundation’s values and vision.
Important Tips
- Apply to the Cambridge MBA as early as possible. Even if Round 3 is the latest round that qualifies, earlier rounds give you more time to prepare your scholarship application and address any issues.
- Accept your Cambridge MBA offer promptly. Your scholarship application cannot even begin until you have accepted your place. Do not delay this step once you receive an offer.
- Highlight your Lebanese heritage clearly in your application if it applies to you. Given that priority is given to candidates of Lebanese descent, this is a meaningful differentiator and should be presented with pride.
- Study past recipients’ stories carefully. Ge Yu, Suseem Jain, and Abhay Sanghai have shared their experiences publicly. Read them to understand what the Foundation values and how to position your own story.
- Prepare for multiple interviews. Past recipients have described two or more interview rounds, including a final personal interview with Mr Boustany. Practice articulating your personal and professional journey clearly and confidently.
- Be specific about your career plans. The Foundation wants to see that you have thought carefully about what you want to achieve after your MBA and how the scholarship will help you get there.
- Treat the Monaco internship as a key part of your application pitch. Show genuine enthusiasm for the Foundation’s work and articulate how your skills and interests align with what they do. This internship is central to the scholarship experience.
- Proofread everything. One scholarship is awarded every two years, so the competition is fierce. Every detail of your application matters. Have a trusted colleague or mentor review your documents before submission.
- Do not wait until the last week. Submit your Boustany Foundation application well before 15 May 2026. Technical issues and last-minute complications are common and can cost you your opportunity.
Frequently Asked Questions
Can I apply if I am not of Lebanese descent?
Yes, the scholarship is open to candidates from all nationalities worldwide. Lebanese descent is a priority factor, not a requirement. Outstanding candidates from any background are encouraged to apply.
How often is this scholarship awarded?
The Boustany Foundation MBA Scholarship is awarded once every two years. This makes it extremely competitive, with only one recipient selected per cycle.
Do I need to apply to the Cambridge MBA before applying to the Boustany Foundation?
Yes, absolutely. You must apply to the Cambridge MBA by Round 3, receive an offer of admission, and then accept that offer before you can apply for the Boustany Foundation Scholarship. Both steps are required.
What does the Monaco internship involve?
The internship lasts two months over the summer and takes place at the Boustany Foundation’s office in Monaco. During this time, you will raise awareness for the Foundation, propose new scholarship ideas, and contribute to projects aligned with the Foundation’s mission. Your specific project is tailored to your personal interests. All travel, food, and accommodation expenses are fully covered.
What percentage of tuition fees does the scholarship cover?
The scholarship covers up to 75% of the Cambridge MBA tuition fees. The remaining 25% would need to be funded by the student through personal funds, loans, or other scholarships.
Is there an intrview process?
Yes. Based on past recipients’ accounts, there are multiple rounds of interviews. This includes an informal final interview with Mr Fadi Boustany himself, where he gets to know you personally. Prepare to discuss your personal story, career decisions, and motivations in depth.
When will I know if I have been selected?
The Foundation announces the scholarship outcome during June 2026, shortly after the 15 May 2026 application deadline.
Can I apply for other scholarships alongside the Boustany Foundation Scholarship?
The official scholarship page does not state any restrictions on applying for other scholarships simultaneously. It is generally advisable to apply for multiple funding sources, but always check the terms of each scholarship you apply to.
Official Application Link
For the most accurate and up-to-date information, always refer to the official Boustany Foundation website and the Cambridge Judge Business School MBA admissions page.
Boustany Foundation Scholarship: https://www.boustany-foundation.org/scholarship-programmes/mba-cambridge/
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