Reserve Bank of New Zealand Māori and Pacific Islands' Scholarship
On this page
- What does the scholarship get me?
- Length of award
- Number of awards offered
- Purpose of award
- Selection criteria
- What conditions are attached to acceptance of this award?
- How do students apply?
- How and when do students learn of the decision?
- Decision makers
- History or background of award
- Additional information
- For guidelines, application forms and more information about this award contact
What does the scholarship get me?
$1,500 in first year, increasing to $2,500 in second year and to $3,500 in the final year of study.
Closing dates for applications
Next: 14 January 2021
Length of award
The scholarship will be continued for the original holder up to honours level (4th year) providing the holder continues to perform to the required standard.
Number of awards offered
Up to four each year.
Purpose of award
The purpose of the scholarship is to encourage Māori and Pacific Islands' students to pursue studies in the field of economics, finance and banking studies. The Reserve Bank's objective is to increase the number of Māori and Pacific Islands' students with tertiary qualifications in economics, finance and banking studies to honours level, and thereby increase the numbers of these students employed in policy departments within the Bank.
The scholarship is open to Māori and Pacific Islands' university students who have completed economics, finance or banking studies at the 100 level (Completed first year of university), who attained at least a B+ grade and who intend to continue studying to Honours level.
Applicants must be studying full time at a New Zealand university. The scholarship will be continued for the original holder up to honours level (4th year) providing the holder continues to perform to the required standard.
What conditions are attached to acceptance of this award?
The successful applicant will be paired with a Reserve Bank staff member who will act as a mentor. The mentor will make contact regularly during the scholarship programme and can assist with research, advice and provide you with access to some of our resources at the Bank.
Campus visits timetable
Our campus recruitment team consists of recent graduates. They visit Auckland University, Waikato University, Victoria University, Canterbury University and Otago University in early March each year. Massey Albany students are invited to attend the campus visit at Auckland University and Lincoln students are invited to attend the campus visit at Canterbury University.
How do students apply?
We’re not your typical central bank; therefore we don’t take a typical approach to recruitment. Instead of the usual campus presentations, we visit universities in March to have an informal chat over coffee. Don’t be afraid to pick our brains about what it’s like to work at the Reserve Bank or ask any other questions you have.
Following the application closing date, we interview the shortlisted applicants on campus. These interviews usually take place in late March or early April.
The best performing candidates are then invited to the Bank in Wellington for a second interview in April.
How and when do students learn of the decision?
Applicants will be informed by the end of February following application. Please note that students who are entering their first year of university are not eligible.
History or background of award
The Māori and Pacific Islands' Scholarship in Economics, Finance and Banking Studies have been developed as part of the Reserve Bank of New Zealand's Equal Employment Opportunities Programme.
Evidence of enrolment in a full time degree course and payment of fees will be required with the application.
For guidelines, application forms and more information about this award contact
Human Resources Adviser
Reserve Bank of New Zealand
PO Box 2498, Human Resources Advisor, Reserve Bank of New Zealand, Wellington 6011
(04) 471 3680
Every effort has been made to ensure the above information is current and correct. However, applicants should contact the appropriate administering body before making an application, as details do change frequently. The administrator of this record last updated this information in January 2020.