15 Best Ph.D. Scholarships for Banking Finance Students

15 Best Ph.D. Scholarships for Banking Finance Students

The Ph.D. program aims at the study of modern economics with banking and finance. It introduces you to a broad range of economic subjects, including banking, financial intermediation, and many others.

Getting a scholarship will add more value to your study as well. This article aims to show you the best PhD scholarships for banking and finance students.

The banking and finance field is large with many opportunities for growth. In order to get into the banking and financial services field, most positions require a Ph.D. degree in finance or business related field.

Banking and finance services professionals can expect to work in an office or banking environment. They enjoy working with numbers, have strong analytical skills and excellent communication abilities to work with customers, clients, and stakeholders.

They ought to be able to construe financial statements and predict future market changes to recommend beneficial investments and manage financial funds. Financial services professionals such as financial managers manage the cash flows for companies and organizations, overseeing the preparation of financial reports & working with investment strategies.

Some persons seeking a career in banking and finance services may gain experience first in customer service positions in banks, lending institutions, and credit card companies.

They can as well work in account services, facilitating account transactions for banks and loan service organizations.

List of Best 15 Ph.D. Scholarships for Banking Finance Students

Below are Best 15 Ph.D. Scholarships for Banking Finance Students

  • Endeavour Postgraduate Leadership Award
  • Radboud Scholarship Programme for International Students
  • Justus & Louise van Effen Excellence Masters /Ph.D. Scholarships for International Students at TU Delft
  • Oxford-Weidenfeld and Hoffmann Scholarship and Leadership Programme (Fully-Funded)
    University of Twente Scholarships (UTS)
  • Clarendon Fund Scholarships at University of Oxford
  • Holland 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 Fellowship
  • Adelaide Scholarships International (ASI)
  • NTU HASS International Ph.D. Scholarship/Postdoctoral Fellowship, 2020
  • Eric Bleumink Scholarships at University of Groningen
  • Holland Government Scholarship 2020 for study at Rotterdam School of Management, Erasmus University
  • The University of Nebraska-Lincoln CASNR Postgraduate and Undergraduate Scholarship Program (CPUSP) 2020 for Rwandan students

1) Endeavour Postgraduate Leadership Award

Higher Institutions in Australia are inviting applicants that want to acquire a Ph.D. in Banking and finance to The Endeavour Postgraduate Leadership Award.

This opportunity provides financial support for international applicants to undertake a postgraduate qualification at a Masters or PhD level either by coursework or research in any field in Australia for up to 2 years for Masters and 4 years for PhD.

International students from America, Africa, Asia, Carribean, Europe, the Middle East, and the Pacific.

Scholarship Worth:

All successful Individual short and long term Endeavour Leaders will receive AU$3,000 per month as a stipend (maximum amount of AU$36,000 per year paid up to the maximum category duration on a pro-rata basis).

Successful Individual Endeavour Leaders are also eligible for:

  • A travel allowance of up to AU$3,000 (with provision to pay up to AU$4,500 under special circumstances)
  • Establishment allowance of between AU$2,000 and AU$4,000, dependent on category and duration of Award
  • Health insurance for the full category duration (Overseas Student Health Cover [OSHC] for international recipients)
  • Travel insurance (excluding during program for international recipients)

International Endeavour leaders undertaking postgraduate qualifications (Masters or PhD) are eligible to receive tuition fees of up to AU$30,000 per calendar year, paid up to the maximum study/research duration on a pro rata basis.

Tuition includes student service and amenities fees. The duration of the scholarship is up to 2 years for a master and up to 4 years for a Ph.D.

Application Process

Applicants are required to submit a letter of admission (i.e offer letter) for a Masters or Graduate Diploma leading into a Masters course or for a Ph.D. course at an Australian university for the year 2022 academic year.

Applications are submitted through the Endeavour Online system.

It is important to read the 2022 application Guidelines for this scholarship.

Scholarship Link 

2) Radboud Scholarship Programme for International Students

Deadline: 1st March (Annually)

Offer for a scholarship is now available at The Radboud University for Scholarship Programme for the selected number of talented prospective non-EEA students the opportunity to receive a scholarship to pursue a complete English-taught Master’s degree programme at the University. The study will be taken in Netherland.

Eligible English-taught Programmes offered by the Faculty of Arts, Faculty of Philosophy, Faculty of Business, Theology & Religious Studies, Faculty of Social Sciences, Faculty of Science, Faculty of Medical Sciences, Faculty of Law.

View the complete list of supported programmes at the official website. The number of Scholarships is about 30 each year. This programme is for Non-EU/EEA International Students.

To be eligible, you must have been fully admitted to the English-taught Master’s degree program starting 1st September 2022 as stated in the formal letter of admission and you will comply with the conditions for obtaining a visa for the Netherlands.

Scholarship Worth

The scholarship will be used to reduce the tuition fee to € 2,078 and pay for costs for visas and insurance. For instance: a grant holder in 2020 will pay a tuition fee of only €2,078, instead of €11,466 or €12,640.

The scholarship also covers costs like; the visa, residence permit, health insurance and liability insurance (Insurance Passport for Students – IPS).

For a two-year programme: to qualify for the grant during the second year, the candidate needs to have passed all courses in the first year.

Application Process

The application for admission and the application for the scholarship is completely incorporated, there is no separate procedure for the scholarship.

To apply for a Radboud Scholarship you only do that by indicating during your application for admission that you wish to apply for a Radboud Scholarship.

You must have completed your application for admission via the online application system OSIRIS Incoming Students before 1st March 2020.

Scholarship Link

3) Justus & Louise van Effen Excellence Masters /Ph.D. Scholarships for International Students at TU Delft

Deadline: 1st Dec (Annually)

The Delft University of Technology is offering several excellent scholarship programs for international students. The Justus & Louise van Effen Scholarship is one of those programs and it aims to financially support excellent international Ph.D./ Masters Students wishing to study at TU Delft.

This scholarship will be taken at TU Delft, Netherlands, this scholarship is available for three (3) candidates per faculty and it is mainly for international students.

The scholarship includes complete tuition fees for a TU Delft MSc programme and living expenses (€950 pm)  for two (2) years for EU and Non-European Union students, onetime 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 the 2-year Regular TU Delft’s MSc programmes, with a cumulative grade point average (GPA) of 80 percent or higher of the scale maximum in your bachelor’s degree from an internationally renowned university outside the Netherlands.

Application Process

Applicants should complete the online application for Ph.D./ Masters program before 1st December 2020. Only students that meet this deadline who have been admitted to TU Delft could be considered for these scholarships.

Besides all the regular documents for the programme, an application must be uploaded in the scholarship Application Form in which you make clear why you are applying for the scholarship.

Scholarship Link

4) Oxford-Weidenfeld and Hoffmann Scholarship and Leadership Programme (Fully-Funded)

Deadline: 11th – 25th January (Annually)

Currently, the Application for the scholarship is ongoing at The Oxford-Weidenfeld and Hoffman Scholarship and Leadership Programme supports outstanding students from transition and emerging economies throughout Africa, Asia, and South America to pursue a graduate degree at Oxford University.

It is managed by the Weidenfeld-Hoffmann Trust. The study will be taken in UK; University of Oxford, United Kingdom. Eligible graduate programmes related to agriculture, Banking and Finance, health care, environmental and water management, economics, public and foreign policy.

Visit the official website for the complete list of eligible programmes. This scholarship will be given to approximately twenty (20) candidates.

Students from transition and emerging economies throughout Africa, Asia, and South America are eligible for this programme.

Scholarship Worth

The scholarship will cover 100 percent (%) of University and college fees and a grant for living costs (£14,777). Awards are made for the full period of your fee liability for the agreed course.

Candidates should apply to start one of the eligible courses at Oxford, be ordinarily resident in one of the eligible countries (see the official website for the complete list). Candidates ought to intend to return to your country of ordinary residence once your course is completed.

Successful applicants ought to show an interest in serving the global community through their chosen field of work.

Candidates ought to show a connection between your subject of study and your longer-term career objectives, explaining how you see your professional work contributing to the improvement of public life in your country of origin or at a wider regional or international level.

Application Process

For a candidate to be considered for this scholarship, you must select the Weidenfeld-Hoffman Scholarship and Leadership Programme in the Funding section of the University’s application form and apply before the deadline.

Scholarship Link

5) University of Twente Scholarships (UTS)

Deadline: 1st Feb – 1st May (Annually)

The scholarship is now open at the University of Twente, University Twente Scholarships (UTS) are scholarships for excellent students from both EU/EEA and non-EU/EEA countries, applying for a graduate programme (MSc) at the University of Twente.

Two (2) scholarships can be awarded to UTS recipients: Kipaji Scholarship and Professor de Winter Scholarship. These scholarships have additional requirements.

The study will be taken at the University of Twente, Netherlands, countries that are eligible are International students from both EU/EEA and non-EU/EEA countries.

The scholarship will be taken under:

Applied Mathematics, Applied Physics, Biomedical Engineering, Business Information Technology, Business Administration, Chemical Engineering, Civil Engineering and Management, Communication Studies, Construction Management, and Engineering, Computer Science, Educational 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 & Technology, Mechanical Engineering, Philosophy of Science, Nanotechnology,

Technology and Society, Psychology, Sustainable Energy Technology, Banking & Finance, Public Administration, Systems and Control. Approximately fifty (50) are available.

Scholarship Worth

The scholarship worth ranges from €3,000 – €25,000 for one year. In the case of a two (2) years study programme, students can receive an additional UTS of an amount equal to that in the first year when they meet the process requirements for the UTS.

Application Process

To qualify for this application, you must have been provisionally admitted and gotten a student registration number.

Applications are only done online. Kindly, visit the official website (link found below) to start the application process and for detailed information on how to apply for this scholarship.

Scholarship Link

6) Clarendon Fund Scholarships at University of Oxford

Deadline: 25 Jan (Annually)

Application for the scholarship is now available at the University of Oxford through Clarendon Fund, the Clarendon Fund is a major graduate scholarship scheme at the University of Oxford, offering around 140 new scholarships every year.

The Scholarships are awarded on the basis of academic excellence and potential across all degree-bearing subjects at the graduate level at the University of Oxford. The study will be taken at the University of Oxford in the United Kingdom.

All degree-bearing courses at the graduate level in any subject are eligible, this takes in all full time and part-time courses. The list of all the graduate courses being offered by the University of Oxford can be found on the Courses page.

Postgraduate Certificates or Diploma courses are not eligible for the scholarship. About one hundred and forty (140) scholarships are offered annually. Candidates from any country can apply for this scholarship.

Scholarship Worth

All Clarendon Scholarships cover full college tuition fees. Scholars on a full-time course receive a generous annual grant for living costs of at least £14,777 for 2022.

Scholars on a part-time course receive a study support grant to help cover their non-fee costs. The scholarships are normally offered for the full period for which you are liable to pay tuition fees to the University, which is normally the same as the length of your course.

The Clarendon Scholarships are awarded on the basis of outstanding academic merit and potential to graduate students from all around the world. The scholarships are tenable in all subject areas and are open to candidates who apply for a new master or DPhil course by the January admissions deadline.

Application Process

To apply to follow the link below.

Scholarship Link

7) Holland Scholarship for Non-EEA International Students

Deadline: 1st Feb / 1st May (Annually)

This is a great opportunity as Scholarship is now available at the Holland Scholarship, this scholarship is financed by the Dutch Ministry of Education, Culture and Science, is meant for international students from outside the European Economic Area (EEA) who want to do their Ph.D. or master’s at one of the Dutch research universities and universities of applied sciences in Holland.

The fields of study are: Bachelor’s or Master’s Programme in eligible fields of study offered by the participating institutions, this programme is open for International students from outside the EEA

Scholarship Worth

The scholarship is worth €5,000, it is not a fully-funded scholarship.  The grant is being awarded for one year.

Application Process

Scholarship Link

8) Gates Cambridge Scholarships for International Students – Ph.D. & MSc (Fully-Funded)

Deadline: 10 Oct – 5 Dec (Annually)

Gates Cambridge is inviting applicants looking for scholarships to the Gates Cambridge Scholarships are one of the most prestigious international scholarships in the world.

Scholarships are awarded to outstanding applicants from countries outside the United Kingdom 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, the United Kingdom under Ph.D., MSc or MLitt or a one (1) year postgraduate course in any subject offered at the University.

About 95 Scholarships are available to be awarded annually. The scholarship is open to citizens of any country outside the United Kingdom.

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 lots more.

For full details of the scholarship click here

Scholarship Process

Before applying for the scholarship, check eligibility

Scholarship Link

9) Swiss Government Excellence Scholarships for Foreign Students

Deadline: Varies, September–December

The Swiss Government is now offering Excellence Scholarship to foreign Students. Swiss Confederation awards Government Excellence Scholarships to encourage international exchange and research cooperation between Switzerland and over 180 other countries.

This research scholarship is available to postgraduate researchers in any discipline (who hold a master’s degree as a minimum) who are planning to come to Switzerland to pursue research or further studies at the doctoral or post-doctoral level.

The study will be taken in Switzerland. This programme is open to international students from over 180 countries.

The scholarship covers a monthly stipend, exemption of airfare, tuition fees, housing allowance, health insurance, etc.

Application Process

Scholarship Link

10) George Washington University Global Leaders Fellowship

Deadline: 8th February (Annually)

The Global Leaders Fellowship is for incoming graduate students (Ph.D., Masters and Doctoral) at the George Washington University who will return to their countries of origin to apply skills learned through their formal education at the GW.

The fellowship is intended for GW graduate students who will be future leaders in their fields via their home countries. The study will be taken at George Washington University, Washington DC, USA. About three (3) awards are available.

Countries that will take this scholarship are China (PRC), Cambodia, Eastern Europe, Laos, Latin America, The Caribbean, Mongolia, Sub-Saharan Africa, U.S.S.R. Successor States, and Vietnam.

Students holding or intending to apply for the F – 1 visa and who are from the following countries or regions: China (PRC), Cambodia, Eastern Europe, Laos, Latin America, The Caribbean, Mongolia, Sub-Saharan Africa, U.S.S.R. Successor States, Vietnam, are eligible to apply.

This fellowship is for students who haven’t studied or worked in the U.S. or other countries aside from their home country. Kindly, note that permanent residents, resident aliens, and U.S. Citizens are not eligible for this fellowship.


Applicants should have an F-1 (J-1 visa for Fulbright applicants only), with no exceptions.

Fellowships are awarded to highly qualified incoming GW full-time graduate degree program seeking students who have gained admission to the University and whose program is on the main Foggy Bottom Campus.

As part of the admissions process, applicants ought to have passed the Test of English as a Foreign Language (TOEFL) with a minimum score of 600 on the paper-based exam or 100s on the internet-based exam, or an IELTS overall band score of 7.5 (with no individual band below 6.00).

Area of Studies

College of Professional Studies * Columbian 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 Science.

Scholarship Worth

This award covers up to 18 credit hours. The grantee of this award is to provide funds from other sources for books, living, and other expenses and must provide certification of this support.

This fellowship is renewable each year for a cumulative maximum of three years for Master’s candidates and up to five years for the doctoral candidate.

Application instructions:

Scholarship Link

11) Adelaide Scholarships International (ASI)

Deadline: 31st August – 31st January

Application for the scholarship is ongoing at Adelaide Scholarships International (ASI). The aim of this scholarship is to attract high quality overseas postgraduate students to areas of research strength in the University of Adelaide to support its research effort.

The study will be taken at the University of Adelaide, Australia. Countries to apply for this scholarship are all International students (except New Zealand).

The worth of this scholarship includes; tuition fees, an annual living allowance of $27,082 in 2018, and overseas student health cover (if the award holder holds a subclass 500 visa).

The scholarship is awarded for two years for a Ph.D. and Masters degree by Research and three years for a Doctoral research degree (an extension is possible for doctoral programs only). International applicants are required to provide evidence of their proficiency in the English language for direct entry by the scholarship.

Candidates are expected to enrol in the University of Adelaide as ‘international students and must maintain ‘international student’ status for the duration of their enrolment in the University. Citizens and Permanent Residents from Australia, and citizens of New Zealand are ineligible.

Application Instructions

To apply for this programme, you are required to have successfully completed at least the equivalent of an Australian First Class Honours degree (this is a four-year degree with a major research project in the final year).

To apply, you must apply for Admission and a Scholarship through the online application platform.

Scholarship Link

12) NTU HASS International Ph.D. Scholarship/Postdoctoral Fellowship, 2022

Deadline: 30th November

The scholarship is currently available to Pursue PhD at NTU HASS International PhD Scholarship / Postgraduate Fellowship.

The Fellowship is available for Singaporean Citizens only. HIPS aims to encourage excellent Singapore citizens to pursue an academic career in HASS by supporting their doctoral studies or postdoctoral fellowship abroad.

The successful candidates will be employed as University staff, it will also grant them paid leave to pursue a sponsored PhD programme / postdoctoral fellowship in an approved overseas university. Successful candidates will be appointed as tenure-track Assistant Professors of the University.

The scholarship is awarded in the humanities, business, arts and social sciences at the Nanyang Technological University (NTU), by supporting their doctoral studies/fellowship abroad.

Scholarship Worth

A stipend amounting to $3,300 will be given to Ph.D. candidates, while Postdoctoral candidates will receive the sum of $4,000 monthly, including, overseas maintenance allowance of $1,500 per month for Ph.D. and Post Doctoral, conference grants, medical benefits, etc.

Application Process

To apply for the scholarship follow the scholarship check the below link

Scholarship Link

13) Eric Bleumink Scholarships at University of Groningen

Deadline: 1st December (Annually)

The Eric Bleumink pleased to welcome new applicants for scholarship opportunity at the University of Groningen Fund awards scholarships to talented students and junior researchers from developing countries.

The scholarships are towards one (1) year or two (2) years Ph.D. and Master’s degree programme. The scholarship will be taken at the University of Groningen in the Netherlands.

The field of study includes all the Ph.D./ Master Programmes being offered by the University of Groningen. Candidates should have excellent English language proficiency, under the admission requirements of the program of choice.

Eligible Countries

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, Dem. Rep., Vietnam, Kyrgyzstan, Uzbekistan, Moldova, Mongolia, Morocco, Nigeria, Ukraine.

Scholarship Worth

The scholarship full tuition fee, costs of international travel, subsistence, books, and health insurance. The grant is awarded for one (1) year or two (2) years PhD and Master’s degree programmes.

Candidates applying for the Eric Bleumink scholarship should have obtained conditional admission to the program of choice, have excellent academic performance, preferably to be confirmed by letters of recommendation.

Application Process

For a candidate to be considered, she needs to be (conditionally) admitted to one of the University.

Scholarship Link

14) Holland Government Scholarship 2022 for study at Rotterdam School of Management, Erasmus University

Deadline: 31st January 2022.

This is a great opportunity as the Holland Government Scholarship offers are now available at the Rotterdam School of Management, Erasmus University.

The Holland Scholarship is being funded by the Dutch Ministry of Education, Culture, and Science and the Rotterdam School of Management, Erasmus University. This scholarship is meant for international students from outside the European Economic Area (EEA) who want to start their Ph.D. or masters at RSM.

It is open to a prospective student, starting your studies in the academic year 2020 and you meet the specific requirements of the program you are applying for. The scholarship is worth €5,000 for a maximum of one academic Session.

The scholarship sum will be paid separately in two instalments after payment of the full tuition fee amount.

Only students who are not recipients of any other scholarship programs exceeding the amount of €5,000 in total in that same academic year can apply for the scholarship. Candidates accepting this scholarship should start your visa procedure before 1 June 2020.

RSM may cancel your scholarship if you have not started your visa procedure and hold the right to offer the scholarship to a student on the waiting list.

Application Process

The first step is to register through this link. Once you register, a link to the online form will be forwarded to you.

Scholarship Link

15) The University of Nebraska-Lincoln CASNR Postgraduate and Undergraduate Scholarship Program (CPUSP) 2022 for Rwandan students

Deadline: 21st December

Offers are now available at the University of Nebraska-Lincoln in the USA seeks to recruit up to 50 qualified Rwandan students to enrol in the College for the Full 2018 term.

Students selected to participate in the CASNR Postgraduate and Undergraduate Scholarship Program (CPUSP) will pursue degrees that are focused on business, entrepreneurship, leadership, and innovative thinking and is aligned with the areas of need.

Students will as well explore their field of study. Applicants selected to take part in this program will receive full scholarships, including tuition, fees, living expenses, and travel costs.

This scholarship is a full scholarship that covers all tuition, living expenses, books and fees for a 4-year (120 credit hour) programme. At the time of completing the scholarship application, an applicant must: have an interest in the areas of study being offered by the University.

Write a 500-word essay, “Describe your future role as a leader to develop the agriculture sector in Rwanda.

Applicants must meet all University of Nebraska-Lincoln admission requirements, Provide a stamped copy of S4, S5 and S6 academic transcripts with class ranking.

Application Process

For inquiries, kindly forward emails to cusp@unl.edu

Scholarship Link

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