Reserve Bank of New Zealand University Scholarships

Closing date: 22 Feb 21
Value of Award: $10,000 each
No. of awards: Two.
Tenure: One year.

Regulations

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).

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.

General Information:

How do students apply?
Applications for the 2021 scholarships are now open. Please complete our online application, as part of this you will need to provide the following information: Your CV A copy of your official academic transcript A recent essay or assessment (to demonstrate your written work) you have submitted as part of your degree Details of 2 – 3 referees who are able to give verbal references Application close 5pm Monday 22 February 2021.
Regulations

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.

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.

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.

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.  

Who else has information about this award?
Please see information on the recruitment timelines and process. For further information please email recruitment@rbnz.govt.nz.  


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

Phone: (04) 471 3680

Email: nikki.chalmers@rbnz.govt.nz

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