Masters scholarships and funding

The ICMA Centre offers Masters scholarships to help encourage exceptional students from across the globe to pursue their interest in finance.

View our Masters programmes

The ICMA Centre is committed to supporting high-potential students and has a global scholarship fund to support candidates for 2024 entry.

All applications will be automatically considered for a scholarship. So, you can simply submit your application and you will be automatically notified if you are successful. Shortlisting and selection are based on academic merit and the candidate’s potential as demonstrated in the application form. And don’t worry if you aren’t awarded funds initially. Each month unclaimed scholarship awards are re-allocated, and all offer holders remain eligible.

Masters scholarships process for 2024 entry

The ICMA Centre will review and consider all applications for a scholarship. No separate scholarship application is needed.
You will be notified by email if your application is accepted for a scholarship. We aim to respond to those who have been awarded a scholarship within 4 weeks of receiving your offer to study – this may fluctuate depending on the point in the application cycle.
Only successful scholarship awardees will be notified
If offered a scholarship, it must be accepted within 4 weeks of the scholarship offer date. After this deadline, scholarship offers may be withdrawn and reallocated
Unclaimed scholarships funds will be reallocated, meaning that offer holders who did not receive a scholarship initially will be automatically reconsidered. So, if you did not receive a scholarship at the point of application, you are still eligible to receive a scholarship and will be notified automatically if you are subsequently awarded funds
Successful candidates should refer to their scholarship notification for conditions.

How are scholarship winners selected?

Shortlisting and selection are based on academic merit and the candidate’s potential as demonstrated in the application form. Applications will be reviewed by a member of the University of Reading Admissions Office and/or representatives from the ICMA Centre.

How much are the scholarships?

Scholarships are awarded as a partial tuition fee waiver and are typically between £2,000 to £8,000.

How do I accept a scholarship?

Full details will be provided in your scholarship award notification. You need to accept within four weeks of the award offer, and you will need pay a deposit to secure your place on your programme.

What If I have applied for multiple courses?

All applications will be treated separately, so if you hold offers for multiple programmes, each will be judged on its own merits. It is possible to receive a scholarship for more than one course.

Can scholarships be combined with other awards?

Henley Business School/ICMA Centre and/or University of Reading Alumni receive a £1,500 discount off tuition fees, which is applied to the first year of tuition fees in the case of full-time students or split over two years (£750 per year) for part-time students. The alumni discount can be combined with a scholarship. Eligible students will qualify automatically, so no additional application is needed.

The University of Reading also offers Centenary scholarships, which ICMA Centre students can apply for. These can be combined with ICMA Centre scholarships. For more information see the University of Reading Scholarships page.

I have received an offer but haven’t heard about my scholarship yet. Do I need to contact someone?

No, you will automatically be contacted by email if you are awarded a scholarship. Your application remains eligible for a scholarship throughout the application process, so even if you are not awarded immediately your application will continue to be reviewed and considered and you will be automatically contacted if successful. We aim to get back to you as quickly as possible and ideally within four weeks. The time may be shorter (or longer) depending on the volume of applications received.

ICMA Centre Masters Scholarship

Finance (ICMA Centre) Masters
Open to students enrolled on	Any qualifying course
Award value	£2,000 - £8,000
How to apply: The ICMA Centre will review and consider all applications for a scholarship. You will be notified by email if your application is accepted for a scholarship. We aim to respond to those who have been awarded a scholarship within 4 weeks of receiving your offer to study – this may fluctuate depending on the point in the application cycle. Only successful scholarship awardees will be notified. If offered a scholarship, it must be accepted within 4 weeks of the scholarship offer date. After this deadline, scholarship offers may be withdrawn and reallocated. Unclaimed scholarships funds will be reallocated, meaning that offer holders who did not receive a scholarship initially will be automatically reconsidered. So, if you did not receive a scholarship at the point of application, you are still eligible to receive a scholarship and will be notified automatically if you are subsequently awarded funds. Please see here for the full terms and conditions of the scholarship.

Women in Finance Scholarship

Finance (ICMA Centre) Masters
Open to students enrolled on: Masters in Behavioural Finance Masters in Corporate Finance Masters in Finance Masters in Finance and Financial Technology (FinTech) Masters in Financial Risk Management Masters in Investment Management Masters in Climate Change, Sustainable Business and Green Finance
Award value	£2,000-£8,000
Criteria: Open to female home and international offer holders, including candidates from the EU who, have applied for any MSc programme at the ICMA Centre. If offered a scholarship it must be accepted within 4 weeks of the scholarship offer date. After this deadline, scholarship offers may be withdrawn and reallocated.
How to apply: The ICMA Centre will review and consider all applications for a scholarship. You will be notified by email if your application is accepted for a scholarship. We aim to respond to those who have been awarded a scholarship within 4 weeks of receiving your offer to study – this may fluctuate depending on the point in the application cycle. Only successful scholarship awardees will be notified. If offered a scholarship, it must be accepted within 4 weeks of the scholarship offer date. After this deadline, scholarship offers may be withdrawn and reallocated. Unclaimed scholarships funds will be reallocated, meaning that offer holders who did not receive a scholarship initially will be automatically reconsidered. So, if you did not receive a scholarship at the point of application, you are still eligible to receive a scholarship and will be notified automatically if you are subsequently awarded funds. Please see here for the full terms and conditions of the scholarship.

Henley Business School/ICMA Centre and Reading University Alumni Discount

Masters
Accepting applications	Applications for 2024 now open
Open to students enrolled on	Any qualifying course
Award value	Awards of £1,500 towards tuition fees
Closing date	Eligible students will be picked up automatically
Criteria: Henley Business School/ICMA Centre and University of Reading Alumni Studying any Full-time ICMA Centre Masters programme.
Contact: Admissions: admissions@icmacentre.ac.uk \| +44 (0)118 378 6497 Find out more All Masters Scholarships

Prizes

ICMA Centre Postgraduate Academic Achievement Prize

The ICMA Centre awards a prize of £500 to the student who achieves the highest mark across all ICMA Centre Master’s Programmes.

Our most recent prize winner: George Blinman-Wilson, MSc Finance

MSc International Shipping and Finance Academic Achievement Prize

The ICMA Centre awards a prize of £250 to the student who achieves the highest mark in MSc International Shipping and Finance programme.

Our most recent Vetiva Prize winner: Mariana Ruano-Rochin

Worshipful Company of International Bankers for best Research Project

Our most recent prize winner: Supratik Das