The Doctor of Philosophy program focuses on the study of modern economics, with a specific emphasis on banking and finance. It covers various economic topics, including banking and financial intermediation.
Receiving a scholarship can greatly enhance your educational experience. This article aims to present the top Ph.D. scholarships available for students pursuing banking and finance studies.
The field of banking and finance offers extensive opportunities for professional growth. Most positions in this field require a Ph.D., bachelor’s degree in finance, or a related business field.
Professionals in banking and finance typically work in office or banking environments. They possess a strong affinity for numbers, excellent analytical skills, and effective communication abilities to interact with clients and stakeholders.
These professionals must be capable of analyzing financial statements and making predictions about future market changes in order to recommend profitable investments and effectively manage financial funds. Financial services professionals, such as financial managers, oversee cash flows for businesses and organizations, prepare financial reports, and develop investment strategies.
Individuals interested in pursuing a career in banking and financial services often gain initial experience through customer service positions at banks, lending institutions, or credit card companies. They may also work in account servicing, facilitating account transactions for banks and loan-servicing organizations.
Table of Contents
- Top 15 Ph.D. Scholarships for banking finance students
- #1) Endeavor Graduate Leadership Award
- #2) Radboud Scholarship Program for International Students
- #3) Justus and Louise van Effen Excellence Masters/Ph.D. Scholarships for International Students at TU Delft
- #4) Oxford-Weidenfeld and Hoffmann Leadership and Scholarship Program (Fully Funded)
- #5) University of Twente (UTS) Scholarships
- #6) Clarendon Fund Scholarships at Oxford University
- #7) Holland Scholarship for Non-EEA International Students
- #8) Gates Cambridge Scholarships for International Students – Ph.D. & MSc (fully funded)
- #9) Swiss Government Excellence Scholarships for Foreign Students
- #10) George Washington University Global Leaders Scholarship
- # 11) Adelaide Scholarships International (ASI)
- #12) Ph.D. International NTU HASS. Scholarship / Postdoctoral fellowship, 2023
- #13) Eric Bleumink Scholarships at the University of Groningen
- #14) Netherlands Government Scholarship 2023 to study at the Rotterdam School of Management, Erasmus University
- #15) University of Nebraska-Lincoln CASNR Graduate and Undergraduate Scholarship Program (CPUSP) 2023 for Rwandan Students
Top 15 Ph.D. Scholarships for banking finance students
Below are the top 15 PhDs. Scholarships for Banking Finance Students
- Endeavor Graduate Leadership Award
- Radboud Scholarship Program for International Students
- Justus & Louise van Effen Masters of Excellence / Doctorate. Scholarships for International Students at TU Delft
- Oxford-Weidenfeld and Hoffmann Leadership and Scholarship Program (Fully Funded)
University of Twente (UTS) Scholarships
- Clarendon Fund Scholarships at Oxford University
- Dutch Scholarship for Non-EEA International Students
- Gates Cambridge Scholarships for International Students – Ph.D. & MSc (fully funded)
- Swiss Government Excellence Scholarships for Foreign Students
- George Washington University Global Leaders Scholarship
- Adelaide Scholarships International (ASI)
- NTU HASS International Ph.D. Beca / Beca Postdoctoral, 2023
- Eric Bleumink Scholarships at the University of Groningen
- Holland Government Scholarship 2023 para estudiar en Rotterdam School of Management, Erasmus University
- The CASNR Graduate and Undergraduate Scholarship Program (CPUSP) 2023 at the University of Nebraska-Lincoln for Rwandan students
#1) Endeavor Graduate Leadership Award
Australian higher institutions are welcoming applicants interested in pursuing a PhD in Banking and Finance through the Endeavor’s Graduate Leadership Award. This opportunity provides financial support to international students seeking a postgraduate qualification in either a Master’s or PhD program, whether through coursework or research, in any field of study in Australia. The duration of support is up to 2 years for Master’s programs and 4 years for Doctorate programs.
Students from various regions, including the Americas, Africa, Asia, the Caribbean, Europe, the Middle East, and the Pacific, are eligible to apply for this scholarship.
The benefits of the Endeavor’s Graduate Leadership Award include:
- A monthly stipend of AU$ 3,000 for successful short- and long-term individual Endeavor Leaders, with a maximum amount of AU$ 36,000 per year paid on a pro-rated basis according to the duration of the program.
- A travel allowance of up to AU$ 3,000 (with a provision to pay up to AU$ 4,500 in exceptional circumstances).
- An establishment allowance ranging from AU$2,000 to AU$4,000, depending on the category and duration of the Award.
- Health insurance coverage (Overseas Student Health Cover [OSHC]) for the entire duration of the program for international recipients.
- Travel insurance, excluding the program period, for international recipients.
- Tuition fee coverage of up to AU$30,000 per calendar year for international Endeavor Leaders pursuing postgraduate degrees (Masters or Ph.D.), paid on a pro-rata basis according to the duration of study/research. This includes student service and utility fees.
- The scholarship duration is up to 2 years for Master’s degrees and up to 4 years for Doctorate degrees.
To apply for the scholarship, applicants must submit a letter of admission (offer letter) for a Master’s or postgraduate degree leading to a Master’s or doctoral course at an Australian university for the 2023 academic year. The application process is conducted through the Endeavor Online system. It is important to carefully review the 2023 application guidelines for this scholarship.
#2) Radboud Scholarship Program for International Students
Deadline: 1st March (annually)
Radboud University is currently offering scholarships through the Scholarship Program to a select number of talented prospective non-EEA students. This scholarship provides an opportunity to pursue a full English-taught Master’s program at the University in the Netherlands.
The scholarship is applicable to eligible English-taught programs offered by various colleges within Radboud University, including the College of Arts, College of Philosophy, College of Business, Theology and Religious Studies, College of Social Sciences, College of Science, College of Medical Sciences, and College of Law.
For a complete list of compatible programs, please refer to the official website. Approximately 30 scholarships are awarded each year through this program, specifically targeting international students from outside the EU/EEA.
To be eligible, you must have received full admission to an English-taught Master’s program at Radboud University by September 1st, 2023, as indicated in the formal letter of admission. Additionally, you must fulfill the necessary conditions to obtain a visa for the Netherlands.
The scholarship will be used to reduce the tuition fee to €2,078 and pay for visa and insurance costs. For example, a scholarship holder in 2023 will pay a tuition of only €2,078 instead of €11,466 or €12,640.
The scholarship also covers costs like; a visa, residence permit, health insurance, and civil liability insurance (Student Insurance Passport – IPS).
For a two-year program: To qualify for the scholarship during the second year, the candidate must pass all courses in the first year.
The application for admission and the scholarship are fully incorporated; there is no separate procedure.
To apply for a Radboud Scholarship, simply indicate during your admission application that you wish to apply for a Radboud Scholarship.
You must have completed your application for admission through the OSIRIS Incoming Students online application system before March 1, 2023 .
#3) Justus and Louise van Effen Excellence Masters/PhD. Scholarships for International Students at TU Delft
Deadline: December 1st (annually)
Delft UN University of Technology offers several excellent scholarship programs for international students. The Justus & Louise van Effen Scholarship is one such programme, and it aims to financially support an excellent international PhD. and Master students wishing to study at TU Delft.
This scholarship will be taken at TU Delft, The Netherlands; This scholarship is available for three (3) candidates per faculty, mainly for international students.
The scholarship includes full tuition fees for a TU Delft Master’s program and living expenses (€950 pm) for two (2) years for EU and non-European Union students, one-time standard payment for travel expenses and membership to the scholarship club giving access to personal development, workshops, seminars, etc.
An applicant is expected to be an outstanding international applicant admitted to one of TU Delft’s regular 2-year Master’s programmes, with a cumulative grade point average (GPA) of 80 per cent or more of the maximum scale in their undergraduate degree from a internationally recognized university outside the Netherlands.
Applicants must complete the online application for the PhD/Master program by December 1, 2023. Only students who meet this deadline and have been admitted to TU Delft can be considered for these scholarships.
In addition to all the regular documents for the program, an application must be uploaded on the Scholarship Application Form, in which you make it clear why you are applying for the scholarship.
#4) Oxford-Weidenfeld and Hoffmann Leadership and Scholarship Program (Fully Funded)
Term: 11 th – 25 th January (Annually)
Application for the scholarship is ongoing at The Oxford-Weidenfeld and Hoffman Scholarship, and the Leadership Program supports outstanding students from transition and emerging economies in Africa, Asia and South America to pursue a graduate degree at the University of Oxford.
The Weidenfeld-Hoffmann Trust handles it The study will be in the UK, University of Oxford, UK. Eligible graduate programs related to agriculture, banking, finance, health care, environmental and water management, economics, and public and foreign policy.
Visit the official website to see the full list of eligible programs. This scholarship will be awarded to approximately twenty (20) candidates.
Students from transition and emerging economies in Africa, Asia and South America are eligible for this programme.
The scholarship will cover 100 percent (%) of college and university fees and a living expenses grant (£14,777). Awards are made for the entire period of your payment obligation for the agreed course.
Candidates must apply to start one of the eligible courses at Oxford and be habitually resident in one of the eligible countries (see official website for full list). Candidates must intend to return to their country of habitual residence upon completion of their studies.
Successful candidates must be interested in serving the global community through their chosen field of work.
Candidates must show a connection between their subject of study and their long-term professional goals, explaining how they see their professional work contributing to improving public life in their home country or on a broader regional or international level.
In order for a candidate to be considered for this scholarship, they must select the Weidenfeld-Hoffman Scholarship and Leadership Program in the Funding section of the University’s application form and submit the application before the deadline date.
#5) University of Twente (UTS) Scholarships
Term: 1st February – 1st May (annually)
The scholarship is now open at the University of Twente. Twente University Scholarships (UTS) are scholarships for excellent students from EU/EEA and non-EU/EEA countries applying for a postgraduate (MSc) program at the University of Twente.
Two (2) scholarships may be awarded to UTS recipients: Kipaji Scholarship and Professor de Winter Scholarship. These scholarships have additional requirements.
The study will be carried out at the University of Twente, the Netherlands; Eligible countries are international students from EU/EEA countries and non-EU/EEA countries.
The scholarship will be made under the following terms:
Applied Mathematics, Applied Physics, Biomedical Engineering, Business Information Technology, Business Administration, Chemical Engineering, Civil Engineering and Management, Communication Studies, Construction Engineering and Management, Computer Science, Education Science and Technology, Embedded Systems,
Environmental and energy management, European studies, Health sciences, Industrial design engineering, Electrical engineering, Human media interaction, Industrial engineering and management, Internet science and technology, Mechanical engineering, Philosophy of science, Nanotechnology,
Technology and Society, Psychology, Sustainable Energy Technology, Banking and Finance, Public Administration, Systems and Control. Approximately fifty (50) are available.
The value of the scholarship ranges from €3,000 to €25,000 for one year. In the case of a two (2) year program of study, students may receive an additional UTS equal to their first year when they meet the requirements of the UTS process.
You must have been provisionally admitted and have obtained a student registration number to qualify for this application.
Applications are only made online. Kindly visit the official website (link below) to start the application process and for detailed information on how to apply for this scholarship.
#6) Clarendon Fund Scholarships at Oxford University
Deadline: January 25 (annually)
The scholarship application is now available at Oxford University through the Clarendon Fund. The Clarendon Fund is a major graduate scholarship program for the University of Oxford, offering around 140 new scholarships a year.
Scholarships are awarded based on academic excellence and potential in all subjects at the undergraduate to postgraduate level at the University of Oxford. The study will be at Oxford University in the UK.
All courses that lead to a degree at the graduate level in any subject are eligible. This includes all full-time and part-time courses. The list of all postgraduate courses offered by the University of Oxford can be found on the Courses page.
Graduate certificates or diplomas are not eligible for the scholarship. Around one hundred and forty (140) scholarships are offered annually. Candidates from any country can apply for this scholarship.
All Clarendon scholarships cover full college tuition. Full-time undergraduate students receive a generous annual living allowance of at least £14,777 by 2023.
Fellows on a part-time course receive a study support grant to help cover their non-fee costs. Scholarships are generally offered for the full period for which you must pay tuition fees to the University, which is usually equal to the length of your course.
Clarendon Scholarships are awarded based on outstanding academic merit and potential to graduate to students from around the world. The scholarships are tenable across all subjects and are open to candidates applying for a new Master’s or DPhil course before the January admission deadline.
To apply, follow the link below.
#7) Holland Scholarship for Non-EEA International Students
Deadline: February 1 / May 1 (annually)
This is an excellent opportunity as the scholarship is now available on the Holland Scholarship. The Dutch Ministry of Education, Culture and Science finances this scholarship. It is intended for international students outside the European Economic Area (EEA) who wish to carry out their doctorate. or master’s degrees at one of the Dutch research universities and universities of applied sciences in the Netherlands.
Fields of study are Bachelor’s or Master’s degree programs in eligible fields of study offered by participating institutions; this program is open to international students from outside the EEA.
The scholarship has a value of €5,000; it is not a fully funded scholarship. The grant is awarded for one year.
#8) Gates Cambridge Scholarships for International Students – Ph.D. & MSc (fully funded)
Deadline: October 10 – December 5 (annually)
Gates Cambridge invites applicants seeking scholarships to the Gates Cambridge Scholarships, one of the most prestigious international scholarships in the world.
The scholarships are awarded to outstanding applicants from countries outside the UK to pursue a full-time postgraduate degree in any subject available at the University of Cambridge.
The study will be taken at the University of Cambridge, UK, with a Ph.D., Masters or higher degree or one (1) year postgraduate course in any of the subjects offered.
About 95 Scholarships are available to be awarded annually. The scholarship is open to citizens of any country outside of the UK.
The scholarship covers the full cost of studying at Cambridge, including tuition fees, travel costs, maintenance allowance, etc. It also provides additional discretionary funding, such as academic development funding, family allowance, fieldwork, and much more.
For full scholarship details, click here
Before applying for the scholarship, check the eligibility
#9) Swiss Government Excellence Scholarships for Foreign Students
Deadline: varies, from September to December
The Swiss government now offers excellence scholarships for foreign students. The Swiss Confederation awards Government Excellence Scholarships to foster international exchange and research cooperation between Switzerland and more than 180 countries.
This research scholarship is available to postgraduate researchers in any discipline (holding at least a Master’s degree) who plan to come to Switzerland for further research or study at the doctoral or postdoctoral level.
The study will take place in Switzerland. This program is open to international students from more than 180 countries.
The scholarship covers a monthly stipend, airfare waiver, tuition, housing allowance, health insurance, etc.
#10) George Washington University Global Leaders Scholarship
Deadline: 8th February (Annually)
The Global Leaders Scholarship is for incoming postgraduate students (Ph.D., Masters, and Ph.D.) at George Washington University who will return to their home countries to apply skills learned through their formal education at GW.
The scholarship is intended for GW graduate students who will be future leaders in their fields in their home countries. The study will be conducted at George Washington University, Washington DC, USA. There are about three (3) awards available.
The countries that will get this scholarship are China (PRC), Cambodia, Eastern Europe, Laos, Latin America, the Caribbean, Mongolia, Sub-Saharan Africa, the Successor States of the USSR, and Vietnam.
Students who have or intend to apply for the F – 1 visa and who are from the following countries or regions: China (PRC), Cambodia, Eastern Europe, Laos, Latin America, Caribbean, Mongolia, Sub-Saharan Africa, Successor States from the USSR, Vietnam, are eligible to apply.
This scholarship is for students who have not studied or worked in the US or other countries besides their home country. Please note that permanent residents, resident aliens, and US citizens are not eligible for this scholarship.
Applicants must have an F-1 visa (J-1 visa for Fulbright applicants only), with no exceptions.
The scholarships are awarded to highly qualified incoming GW full-time graduate programs seeking students who have gained admission to the University and whose program is located at the main Foggy Bottom campus.
As part of the admission process, applicants must have passed the Test of English as a Foreign Language (TOEFL) with a minimum score of 600 on the paper-based test or 100 on the web-based test, or an overall IELTS band score. of 7.5 (no individual band below 6.00).
College of Professional Studies * Colombian College of Arts and Sciences * Elliott School of International Affairs * Graduate School of Education and Human Development * School of Business * School of Engineering and Applied Sciences.
This award covers up to 18 credit hours. The grantee of this award is to provide funds from other sources for books, living expenses, and other expenses and must provide certification of this support.
This scholarship is renewable each year for a cumulative maximum of three years for Master’s candidates and up to five years for Ph.D.
#11) Adelaide Scholarships International (ASI)
Deadline: 31st August – 31st January
Application for the scholarship is ongoing at Adelaide Scholarships International (ASI). This scholarship aims to attract high-quality overseas postgraduate students to research areas at the University of Adelaide to support their research endeavors.
The study will be conducted at the University of Adelaide, Australia. The countries applying for this scholarship are all international students (except New Zealand).
The value of this scholarship includes; tuition fees, an annual living allowance of $27,082 in 2018, and overseas student health coverage (if the award holder has a 500 visa subclass).
The fellowship is awarded for two years for a Ph.D. and master’s by research and three years for a research doctoral degree (an extension is possible for doctoral programs only). International applicants must provide evidence of their English proficiency for direct entry into the scholarship.
Candidates are expected to enroll at the University of Adelaide as “international students” and must maintain “international student status” for the duration of their enrollment at the University. Citizens and permanent residents of Australia and citizens of New Zealand are not eligible.
To apply for this program, you must have completed at least the equivalent of an Australian degree with first-class honors (this is a four-year degree with a major research project in the final year).
You must apply for Admission and a Scholarship through the online application platform.
#12) Ph.D. International NTU HASS. Scholarship / Postdoctoral fellowship, 20 23
Deadline: 30th November
The scholarship is currently available to Pursue Ph.D. at NTU HASS International Ph.D. Scholarship/Graduate Scholarship.
The scholarship is available to Singapore citizens only. HIPS aims to encourage excellent Singaporeans to pursue an academic career at HASS by supporting their Ph.D. studies or postdoctoral fellowships abroad.
Selected candidates will be employed as University staff; it will also grant them paid leave to pursue a sponsored doctorate. postdoctoral program/fellowship at an approved foreign university. The selected candidates will be appointed as Assistant Professors of the University.
The scholarship is awarded in humanities, business, arts, and social sciences at Nanyang Technological University (NTU) by supporting your doctoral/scholarship studies abroad.
A stipend of $3,300 will be awarded to Ph.D. candidates. In contrast, postdoctoral candidates will receive $4,000 per month, including a $1,500 overseas maintenance allowance for Ph.D. and Post Doctorate, conference scholarships, medical benefits, etc.
To apply for the scholarship, please follow the scholarship, see the link below
#13) Eric Bleumink Scholarships at the University of Groningen
Deadline: 1st December (annually)
Eric Bleumink is pleased to welcome new applicants for scholarship opportunities at the University of Groningen Fund awards scholarships to talented students and young researchers from developing countries.
The scholarships are for one (1) year or two (2) years of PhD. and master’s programs. The scholarship will be taken at the University of Groningen in the Netherlands.
The field of study includes all doctoral/master programs offered by the University of Groningen. Candidates must have an excellent command of the English language according to the admission requirements of the chosen program.
Afghanistan, Angola, Bangladesh, Benin, Burkina Faso, Bhutan, Mauritania, Cambodia, Chad, Comoros, Djibouti, Equatorial Guinea, Eritrea, Ethiopia, Gambia, Burundi, Guinea, Guinea-Bissau, Haiti, Kiribati, Laos, Lesotho, Madagascar, Malawi, Liberia, Mali, Mozambique, Myanmar, Nepal, Niger, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, Solomon Islands, Somalia, Tanzania, Togo, Tuvalu, Uganda, Vanuatu, Yemen, Timor-Leste, Sudan (Rep . .), Congo (Dem. Rep.), Central African Republic, South Sudan, Zambia, Bolivia, Cape Verde, Congo (Rep.), Congo, Armenia, El Salvador, Ghana, India, Indonesia, Honduras, Kosovo, Korea, They Rep., Vietnam, Kyrgyzstan, Uzbekistan, Moldova, Mongolia, Morocco, Nigeria and Ukraine.
The scholarship includes full tuition, international travel expenses, subsistence, books, and medical insurance. The scholarship is awarded for one (1) year or two (2) years of PhD. and master’s programs.
Candidates applying for the Eric Bleumink Scholarship must have obtained conditional admission to the program of their choice and have excellent academic performance, preferably to be confirmed by letters of recommendation.
In order for a candidate to be considered, she must be (conditionally) admitted to one of the universities.
#14) Netherlands Government Scholarship 2023 to study at the Rotterdam School of Management, Erasmus University
Deadline: 31st January 2023.
This is an excellent opportunity as the Netherlands Government Scholarship offers are now available at the Rotterdam School of Management, Erasmus University.
The Holland Scholarship is funded by the Dutch Ministry of Education, Culture, and Science and the Rotterdam School of Management, Erasmus University. This scholarship is intended for international students outside the European Economic Area (EEA) who wish to start their PhD. or master’s degree in RSM.
It is open to future students who begin their studies in the 2023 academic year and meet the specific requirements of the program for which they are applying. The scholarship is worth €5,000 for a maximum of one academic session.
The scholarship amount will be paid separately in two installments after the full tuition amount is paid.
Only students who are not beneficiaries of any other scholarship program of more than €5,000 in total in the same academic year may apply for the scholarship. Candidates who accept this scholarship must start their visa process before June 1, 2023.
RSM can cancel your scholarship if you have not started the visa process and have the right to offer the scholarship to a student on the waiting list.
The first step is to register through this here. Once you register, a link to the online form will be sent to you.
#15) University of Nebraska-Lincoln CASNR Graduate and Undergraduate Scholarship Program (CPUSP) 2023 for Rwandan Students
Deadline: December 21st annually
Offers are now available at the University of Nebraska-Lincoln in the US, which is looking to recruit up to 50 qualified Rwandan students to enroll in the full term of 2018.
Students selected to participate in the CASNR Undergraduate and Graduate Scholarship Program (CPUSP) will earn degrees focused on business, entrepreneurship, leadership, and innovative thinking and aligned with areas of need.
Students will also explore their field of study. Successful applicants for this program will receive full scholarships, including tuition, fees, living expenses, and travel costs.
This full scholarship covers all tuition, living expenses, books, and fees for a 4-year program (120 credit hours). When completing the scholarship application, the applicant must be interested in the areas of study offered by the University.
Write a 500-word essay, “Describe your future role as a leader in developing the agricultural sector in Rwanda.
Applicants must meet all University of Nebraska-Lincoln admission requirements. Please provide a stamped copy of S4, S5, and S6 academic transcripts with class ranking.
For inquiries, please send emails to [email protected]