Scholarships & funding

The ICMA Centre offers a range of Master's scholarships to help encourage exceptional students from across the globe to pursue their interest in finance.

The scholarships are awarded primarily on the basis of evidence of academic excellence and relevant placement exposure or work experience.

To apply for one of our Master's scholarships:

  1. First, submit your application for one of our ICMA Centre Master's in Finance programmes, click here to view our programmes and apply
  2. Check that you are eligible to apply for your chosen scholarship by looking at the criteria below
  3. Fill out the scholarship application form and submit your application

The scholarships are for 2019/20 MSc applicants only. See below for scholarship terms and conditions.

Applications for 2019/20 are now closed

ICMA Centre scholarships

General £5K Scholarship

Finance (ICMA Centre) Master's UK International
Accepting applications Applications for 2019 now closed
Open to students enrolled on Any qualifying course
Award value Up to £5,000 fee reduction
Number available Up to 11
Closing date Interviews are conducted from November to July. The scholarship panel meets shortly after to award scholarships.
Criteria:
  • Available to all nationalities
  • Studying any full time ICMA Centre Master’s programme
  • Minimum (expected) strong 2:1 or 1st class undergraduate degree or equivalent from an overseas institution.
  • Relevant work or placement experience desired
  • If UG degree was not in English, IELTS of 7.0 with no element under 6.0 required (or TOEFL of 100 with no element under 21). Alternatively, score of 6.5 overall with no component less than 6 when attending the pre-sessional English course offered by the University of Reading.
Interview:

Shortlisted candidates will be contacted for a 15min interview with an academic member of staff.

International £5K Scholarship

Finance (ICMA Centre) Master's International
Accepting applications Applications for 2019 now closed
Open to students enrolled on Any qualifying course
Award value Up to £5,000 fee reduction
Number available Up to 4
Closing date Interviews are conducted from November to July. The scholarship panel meets shortly after to award scholarships
Criteria:
  • Available to all non-EU/UK applicants
  • Studying any full time ICMA Centre Master’s Programme
  • Minimum expected strong 2:1 or 1stclass undergraduate degree or equivalent from a reputable university
  • Relevant work or placement experience desired
  • If UG degree was not in English, IELTS of 7.0 with no element under 6.0 required (or TOEFL of 100 with no element under 21). Alternatively, score of 6.5 overall with no component less than 6 when attending the pre-sessional English course offered by the University of Reading.
Interview:

Shortlisted candidates will be contacted for a 15min interview with an academic member of staff.

EU/UK £5K Scholarship

Master's
Accepting applications Applications for 2019 now closed
Open to students enrolled on Any qualifying course
Award value Up to £5,000 fee reduction
Number available Up to 15
Closing date Interviews are conducted from November to July. The scholarship panel meets shortly after to award scholarships
Criteria:
  • Available to EU/UK candidates only
  • Studying any full time ICMA Centre Master’s Programme
  • Minimum (expected) strong 2:1 or 1stclass undergraduate degree or equivalent from an overseas institution.
  • Relevant work or placement experience desired
  • If UG degree was not in English, IELTS of 7.0 with no element under 6.0 required (or TOEFL of 100 with no element under 21). Alternatively, score of 6.5 overall with no component less than 6 when attending the pre-sessional English course offered by the University of Reading.
Interview:

Shortlisted candidates will be contacted for a 15min interview with an academic member of staff.

China £5K Scholarship

Finance (ICMA Centre) Master's International
Accepting applications Applications for 2019 now closed
Open to students enrolled on Any qualifying course
Award value Up to £5,000 fee reduction
Number available Up to 4
Closing date Interviews are conducted from November to July. The scholarship panel meets shortly after to award scholarships
Criteria:
  • Available to Chinese applicants from Project 985 Universities with an expected final average of at least 80% or a strong 2:1/first-class degree from a UK University. Candidates from 211 Universities with an expected 85% average or above are also encouraged to apply.
  • Studying any full time ICMA Centre Master’s Programme
  • Relevant work or placement experience desired
  • If UG degree was not in English, IELTS of 7.0 with no element under 6.0 required (or TOEFL of 100 with no element under 21). Alternatively, score of 6.5 overall with no component less than 6 when attending the pre-sessional English course offered by the University of Reading.
Interview:

Shortlisted candidates will be contacted for a 15min interview with an academic member of staff.

Thailand £5K Scholarship

Finance (ICMA Centre) Master's International
Accepting applications Applications for 2019 now closed
Open to students enrolled on Any qualifying course
Award value Up to £5,000 fee reduction
Number available Up to 3
Closing date Interviews are conducted from November to July. The scholarship panel meets shortly after to award scholarships
Criteria:
  • Available to applicants from Thailand only
  • Studying any full time ICMA Centre Master’s Programme
  • Expected 3.2 out of 4 GPA from a reputable Thai university
  • Relevant work or placement experience desired
  • If UG degree was not in English, IELTS of 7.0 with no element under 6.0 required (or TOEFL of 100 with no element under 21). Alternatively, score of 6.5 overall with no component less than 6 when attending the pre-sessional English course offered by the University of Reading.
Interview:

Shortlisted candidates will be contacted for a 15min interview with an academic member of staff.

India £2K Scholarship

Finance (ICMA Centre) Master's International
Accepting applications Applications for 2019 now closed
Open to students enrolled on Any qualifying course
Award value Up to £2,000 fee reduction
Number available Up to 5
Closing date Interviews are conducted from November to July. The scholarship panel meets shortly after to award scholarships
Criteria:
  • Eligible candidates must be of Indian nationality and domiciled in India
  • Studying any full time ICMA Centre Master’s Programme
  • Priority will be given to applicants who have graduated from a reputable University with a strong 2:1 or 1st class UK degree equivalent.
  • Relevant work or placement experience desired
  • Candidates also need to satisfy the English language entry criteria where applicable.
Interview:

Shortlisted candidates will be contacted for a 15min interview with an academic member of staff.

MSc Finance and Financial Technology (FinTech) £5K Scholarship

Finance (ICMA Centre) Master's UK International
Accepting applications Applications for 2019 now closed
Open to students enrolled on:
Award value Up to £5,000 fee reduction
Number available Up to 5
Closing date Interviews are conducted from November to July. The scholarship panel meets shortly after to award scholarships
Criteria:
  • Available to candidates around the world
  • Minimum expected 2:1 or 1st class undergraduate degree or equivalent from an overseas institution.
  • Relevant work or placement experience desired
  • If UG degree was not in English, IELTS of 7.0 with no element under 6.0 required (or TOEFL of 100 with no element under 21). Alternatively, score of 6.5 overall with no component less than 6 when attending the pre-sessional English course offered by the University of Reading.
Interview:

Shortlisted candidates will be contacted for a 15min interview with an academic member of staff.

MSc International Shipping and Finance £5K Scholarship

Finance (ICMA Centre) Master's UK International
Accepting applications Applications for 2019 now closed
Open to students enrolled on:
Award value Up to £5,000 fee reduction
Number available Up to 7
Closing date Interviews are conducted from November to July. The scholarship panel meets shortly after to award scholarships
Criteria:
  • Available to candidates around the world
  • Minimum expected strong 2:1 or 1st class undergraduate degree or equivalent from an overseas institution.
  • Relevant work or placement experience desired
  • If UG degree was not in English, IELTS of 7.0 with no element under 6.0 required (or TOEFL of 100 with no element under 21). Alternatively, score of 6.5 overall with no component less than 6 when attending the pre-sessional English course offered by the University of Reading.
Interview:

Shortlisted candidates will be contacted for a 15min interview with an academic member of staff.

MSc ISIB £10K Scholarship for experienced candidates

Finance (ICMA Centre) Master's UK International
Accepting applications Applications for 2019 now closed
Open to students enrolled on:
Award value Up to £10,000 fee reduction
Number available Up to 10
Closing date Interviews are conducted from November to July. The scholarship panel meets shortly after to award scholarships
Criteria:
  • Available only to exceptional candidates with work or internship experience within a renowned financial institution
  • Minimum (expected) strong 2:1 undergraduate degree or equivalent from an overseas institution.
  • If UG degree was not in English, IELTS of 7.0 with no element under 6.0 required (or TOEFL of 100 with no element under 21). Alternatively, score of 6.5 overall with no component less than 6 when attending the pre-sessional English course offered by the University of Reading.
Interview:

Shortlisted candidates will be contacted for a 15min interview with an academic member of staff.

Academy of Economic Studies Scholarship

Finance (ICMA Centre) Master's International
Accepting applications Applications for 2019 now closed
Open to students enrolled on Any qualifying course
Award value Up to £10,000 each towards tuition fees
Number available Up to 2
Closing date Interviews are conducted from November to July. The scholarship panel meets shortly after to award scholarships
Criteria:
  • Available to Academy of Economic Studies UG students in Bucharest
  • Minimum expected strong 2:1 or 1stclass undergraduate UK degree or equivalent from a non-UK institution.
  • Relevant work or placement experience desired
  • If UG degree was not in English, IELTS of 7.0 with no element under 6.0 required (or TOEFL of 100 with no element under 21). Alternatively, score of 6.5 overall with no component less than 6 when attending the pre-sessional English course offered by the University of Reading.
Interview:

Shortlisted candidates will be contacted for a 15min interview with an academic member of staff.

Other scholarships

As well as our dedicated ICMA Centre scholarships, there are also a number of other opportunities available that students can take advantage of.

Henley Business School and Reading University Alumni Discount

Master's
Open to students enrolled on Any qualifying course
Award value Awards of £1,000 towards tuition fees
Closing date Eligible students will be picked up automatically
Criteria:
  • Henley Business School and University of Reading Alumni
  • Studying any full time ICMA Centre Masters programme
Contact:

Admissions: admissions@icmacentre.ac.uk | +44 (0)118 378 6497

University of Reading Felix Scholarship

Master's PhD / DBA
Open to students enrolled on Any qualifying course
Award value Tuition fees and stipend to cover living expenses
Closing date 30th January 2019
Criteria:
  • Any full-time MPhil/PhD programme or Taught masters
  • From India and other developing countries
Contact:

Admissions: admissions@icmacentre.ac.uk | +44 (0)118 378 6497

ESRC Scholarships

Master's
Open to students enrolled on Any qualifying course
Award value Tuition fees and stipend to cover living expenses
Closing date Rolling
Criteria:
  • Funds MSc + PhD (1+3) programme and all ICMA Centre MSc programmes are eligible (MSc in Financial Research is recommended)
  • EU (Home) students
Contact:

Admissions: admissions@icmacentre.ac.uk | +44 (0)118 378 6497

University of Reading scholarships

Undergraduate Master's
Open to students enrolled on Any qualifying course
Award value Various
Criteria:

For Undergraduate and Postgraduate courses

How to apply:

Visit the Helpdesk in the Carrington building, call 0118 378 7430 or email helpdesk@reading.ac.uk

Prizes

The Vetiva Prize

This prize is for the highest achieving full-time MSc student from Africa graduating from the ICMA Centre, University of Reading. The prize includes a £1000, which will be presented upon graduation. The winner may be offered work opportunities with Vetiva and other Investment Banking firms that operate within the African Continent.

Prize Criteria

  • The ICMA Centre will identify suitable recipients based on their examination performance and participation during the academic year;
  • Applicants for the prize, may be asked to submit a short essay on a topic relating to African Financial Development (the precise title will be determined annually by the ICMA Centre);
  • In the event of two or more candidates being ranked equally, Vetiva may then require an interview by the short listed candidates.

Winner in 2017: Jean-Claude Frappier

ICMA Centre and ALBA Graduate Business School Academic Achievement Prize for MSc International Shipping and Finance

The ICMA Centre awards a prize of £500 each year to the student who achieves the highest mark in MSc International Shipping and Finance.

ICMA Centre Undergraduate Academic Achievement Prize

Each year the Centre awards a prize of £500 to the final year BSc student who achieves the highest mark for their degree.

ICMA Centre Postgraduate Academic Achievement Prize

Similarly to the Undergraduate Academic Achievement, the ICMA Centre also awards a prize of £500 to the student who achieves the highest mark across all ICMA Centre Master’s Programmes.

Terms & conditions

Scholarship applications are reviewed by the Henley Business School Scholarship Panel who will base their decisions on a range of factors including academic excellence and the degree to which the student has demonstrated their suitability for an award. Scholarship offers are made as fee reductions/waives. The exact scheduling of those may be obtained from us upon request. If applicants are offered multiple awards, only one can be accepted. Scholarship offers are being made for the current academic year and will only be confirmed for offer holders who have paid their deposits.

The award itself is an excellent addition to your CV and as an ICMA Centre Scholar you will have the opportunity to participate in events and share your experience with prospective candidates.