Reserve Bank of New Zealand University Scholarships

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What does the scholarship get me?

$10,000 each

Closing dates for applications

Next: 14 January 2021

Applications for 2019 Scholarships are now closed.

Length of award

One year.

Number of awards offered

Two.

Purpose of award

The purpose of the award is to assist students majoring in economics or finance, and who are entering their Honours or Masters year of study. An offer of employment will be an essential part of the scholarship.

Selection criteria

Open to students who are majoring in Economics, Finance or Banking and who are entering their Honours, Masters or final year of PhD study. Students must have attained at least a B+ average and be studying full time over the academic year.

To be eligible applicants must be studying full time at a New Zealand University and be legally entitled to work in New Zealand.

What conditions are attached to acceptance of this award?

An offer of employment is provided at the completion of your qualification. It is important to note that a condition of receipt of the scholarship is that you must accept the position with the Reserve Bank and must remain in that position for a specified period of time. Should this condition not be met you will be required to repay the sum of the scholarship payments made to you.

How do students apply?

Applications must include a CV that contains:
• the results of your previous two years study (You must also attach a university transcript of all of your papers undertaken);
• any qualifications already obtained;
• other relevant training or educational courses;
• membership of any groups; and
• any part or full time employment experience you may have had.

In the covering letter explain your reasons for applying for a scholarship with the Reserve Bank of New Zealand and the qualities you believe you will bring to the position.
Regulations

How and when do students learn of the decision?

Fortnightly instalments will be paid during the academic year. Should you be unsuccessful in obtaining a financial scholarship, you may be considered for a graduate position, if you meet the required criteria.

Decision makers

Reserve Bank. Once short listing has been completed, successful applicants will be asked to attend a half day interview process at the Bank in Wellington. This typically takes place at the beginning of February.

History or background of award

The Reserve Bank of New Zealand offers two scholarships each year to students who are majoring in Economics, Finance or Banking and who are entering their Honours, Masters or final year of PhD study. Students must have attained at least a B+ average and be studying full time over the academic year (February to November).

Additional information

Scholarship amount is subject to taxation according to the recipient's situation.
We welcome applications from international students, provided you are legally entitled to work in New Zealand.
The Reserve Bank of New Zealand University Scholarship interviews form part of the graduate recruitment process. The top performing candidates in the graduate interviews are awarded the scholarship.
 

For guidelines, application forms and more information about this award contact

Nikki Chalmers
Human Resources Adviser
Reserve Bank of New Zealand
PO Box 2498, Human Resources Advisor, Reserve Bank of New Zealand, Wellington 6011
(04) 471 3680
http://www.rbnz.govt.nz/grads/scholarships
nikki.chalmers@rbnz.govt.nz

Disclaimer

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.