Muralidharan, a student of Dhirubhai Ambani International School, will study Economics at Christ's College, a constituent college of the University of Cambridge.
The scholarship, funded by Cambridge Assessment which conducts the Cambridge International Examinations (CIS), will provide full funding for her three-year long undergraduate study at the University of Cambridge.
"I cannot wait to begin my three years at Cambridge and make the most of all the endless opportunities lying ahead of me. There is no better place where I can translate my passion for economics into a force capable of nurturing meaningful social change in India," a thrilled Muralidharan said regarding the award.
Admitting that she never actually hoped to get the prestigious scholarship, Muralidharan termed it as an "amazing honour" and thanked her school, family and friends for their support.
CIS South Asia regional director William Bickerdike said that at Cambridge, the qualifications are designed to help learners like Muralidharan not only to enter the university, but also empower them to continue -- at the university and in life and employment beyond.
As many as 338 schools in India offer Cambridge programmes and qualifications, including Cambridge IGCSE (the world's most popular international qualification for 14 to 16 years olds) and Cambridge International AS and A Levels for Indian students.