MBA & Master Glossary
Merit-Based Scholarship
Definition
A merit-based scholarship is awarded based on outstanding academic performance, professional achievements, or special skills. In the MBA field, merit-based scholarships often consider GMAT/GRE scores, academic GPA, leadership experience, and professional achievements. Many business schools award their own merit scholarships to attract the best candidates.
Example: "For his GMAT score of 720 he received a merit-based scholarship of EUR 10,000."
Why this matters for your MBA
"Merit-Based Scholarship" is one of the terms you will come across when comparing MBA and Executive MBA programmes in Germany, Austria and Switzerland — in admission requirements, accreditation details or programme descriptions. On mba.de you can check how individual business schools handle it and compare programmes independently.
Source: mba.de – independent comparison portal since 2003.