As the cost of graduate education continues to rise, many students face the daunting prospect of taking on significant debt to fund their studies. Fortunately, there are a variety of scholarships available to help alleviate the financial burden of graduate school, particularly for students pursuing advanced degrees in finance.
In this article, we will highlight 10 scholarships specifically designed for graduate students in finance. These scholarships cover a wide range of financial aid opportunities, including merit-based awards, need-based grants, and fellowships. Whether you’re pursuing an MBA, a Master’s in Finance, or a PhD in Economics, there is likely a scholarship on this list that can help support your academic goals.
These scholarships are provided by various organizations, including government agencies, professional associations, and philanthropic foundations. Each scholarship has its own unique eligibility requirements, application deadlines, and award amounts, so it’s important to carefully review the details of each program before submitting your application.
By applying for these scholarships, you’ll not only be giving yourself a financial boost, but you’ll also be positioning yourself for success in the competitive field of finance. So, without further ado, let’s dive into the top 10 scholarships for graduate students in finance.
CFA Institute Scholarship
The CFA Institute offers scholarships to graduate students pursuing a degree in finance, economics, or accounting. The scholarship covers the enrollment fee for the CFA Program, which is a three-part exam that is required to become a Chartered Financial Analyst. The scholarship is available to students worldwide and the application period is typically from September to March.
Amount: Covers the enrollment fee for the CFA Program ($1,450-$2,550)
Application period: September to March
Deadline: Varies by region
FINCAD Women in Finance Scholarship
The FINCAD Women in Finance Scholarship is open to women who are enrolled in a graduate-level finance or financial engineering program. The scholarship is intended to support and encourage women in the field of finance. The scholarship is awarded based on academic excellence, passion for finance, and leadership potential.
Amount: $20,000 USD
Application period: November to February
Deadline: February 17th
Financial Women’s Association Scholarship
The Financial Women’s Association offers scholarships to women who are pursuing a graduate degree in finance, economics, or business. The scholarship is intended to help women achieve their career goals in the finance industry. The scholarship is awarded based on academic merit, financial need, and community involvement.
Amount: Varies
Application period: January to March
Deadline: March 31st
National Black MBA Association Scholarship
The National Black MBA Association offers scholarships to graduate students pursuing a degree in business, finance, or a related field. The scholarship is intended to support the education and professional development of Black students. The scholarship is awarded based on academic achievement, leadership potential, and community involvement.
Amount: Varies
Application period: November to March
Deadline: March 15th
Financial Executives International Scholarship
The Financial Executives International Scholarship is open to graduate students pursuing a degree in finance, accounting, or business. The scholarship is intended to support students who demonstrate academic excellence and leadership potential in the finance industry. The scholarship is awarded based on academic merit, financial need, and community involvement.
Amount: $10,000 USD
Application period: November to February
Deadline: February 19th
Beta Gamma Sigma Scholarship
The Beta Gamma Sigma Scholarship is open to members of the Beta Gamma Sigma honor society who are pursuing a graduate degree in finance, accounting, or business. The scholarship is intended to support students who demonstrate academic excellence and leadership potential. The scholarship is awarded based on academic merit, leadership potential, and community involvement.
Amount: Varies
Application period: January to April
Deadline: April 1st
American Society of Women Accountants Scholarship
The American Society of Women Accountants offers scholarships to women who are pursuing a degree in accounting or finance. The scholarship is intended to support women who demonstrate academic excellence and leadership potential in the accounting or finance industry. The scholarship is awarded based on academic merit, financial need, and community involvement.
Amount: Varies
Application period: January to April
Deadline: April 1st
Financial Planning Association Scholarship
The Financial Planning Association offers scholarships to graduate students pursuing a degree in financial planning or a related field. The scholarship is intended to support students who demonstrate academic excellence and leadership potential in the financial planning industry. The scholarship is awarded based on academic merit, financial need, and community involvement.
Amount: Varies
Application period: March to June
Deadline: June 30
Public Company Accounting Oversight Board Scholarship
The Public Company Accounting Oversight Board (PCAOB) offers scholarships to graduate students pursuing a degree in accounting. The scholarship is intended to support students who demonstrate academic excellence and leadership potential in the accounting industry. The scholarship is awarded based on academic merit, financial need, and an interest in the audit profession.
Amount: $10,000 USD
Application period: January to April
Deadline: April 1st
The National Society of Accountants Scholarship
The National Society of Accountants offers scholarships to undergraduate and graduate students pursuing a degree in accounting or a related field. The scholarship is intended to support students who demonstrate academic excellence and financial need. The scholarship is awarded based on academic merit, financial need, and community involvement.
Amount: Varies
Application period: December to February
Deadline: February 10th
Conclusion
There are a variety of scholarships available to graduate students in finance. These scholarships can help reduce the burden of student loans and provide financial support to those pursuing a career in finance. It’s important to research and apply for scholarships that fit your academic and career goals. The above-listed scholarships provide a good starting point for graduate students in finance looking for financial support.