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Top 15 Finance Scholarship

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The cost of earning a finance degree, whether at the undergraduate or graduate level, can be considerably decreased by securing scholarships. In this article, we examine 15 of the best finance scholarships that can support students in achieving their academic and professional aspirations.

Top 15 Finance Scholarship

Here are the top 15 finance scholarships discussed in detail. Please read it and take the opportunity.

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1. CFA Institute Scholarships

To assist students, professionals in the workforce, and educators in pursuing the Chartered Financial Analyst (CFA) credential, the CFA Institute provides a range of scholarship opportunities. These consist of:

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  • Scholarship Access: Intended for individuals who might not be able to pay for the entire program.
  • Women’s Scholarship: Advances gender diversity by providing support to women in finance.
  • Scholarship for Students: This program is open to full-time students pursuing degrees.
  • Professorship: Available to academics who instruct in finance or related subjects at universities.
  • For journalists who work in financial journalism, there is a scholarship available.
  • Awards vary but usually cover registration and enrollment costs for the CFA Program.
  • Candidates for the CFA Program are typically eligible; this varies depending on the type of scholarship.
  • The deadline for applications varies.

2. FINCAD Women in Finance Scholarship

The purpose of this scholarship program is to assist and encourage exceptional women in finance, particularly in the areas of financial risk management and derivatives. FINCAD is a global provider of analytics for derivatives and risk management.

  • Award Sum: Twenty Thousand Dollars
  • Women studying graduate-level financial studies, regardless of age or nationality, are eligible.
  • Application Deadline: Usually in June, but can vary.

3. Ritchie-Jennings Memorial Scholarship

This award is provided by the Association of Certified Fraud Examiners (ACFE) to help students who want to work in criminal justice, finance, business administration, or fraud examination.

  • Prize Money: $1,000– $10,000
  • Students majoring in criminal justice, finance, business administration, or accounting at the undergraduate or graduate levels are eligible.
  • The deadline for applications is February 1.

4. Goldman Sachs MBA Fellowship

The Goldman Sachs MBA Fellowship seeks to provide financial services-focused support to exceptional MBA candidates who exhibit a strong commitment to diversity and inclusion.

  • Prize Amount: $35,000 plus a summer internship.
  • Students in their first year of MBA programs are eligible.
  • Application deadline: Not specified; usually in the spring.

5. Jane M. Klausman Women in Business Scholarship

This scholarship is provided by the Zonta International Foundation to assist women who are studying business management degrees at the undergraduate or graduate levels, with a focus on finance.

  • Prize Money: $2,000 for clubs, plus $8,000 awarded in international scholarships.
  • Women pursuing business degrees, particularly those in finance, are eligible.
  • Application deadlines are determined locally by Zonta clubs.

6. AICPA John L. Carey Scholarship

This grant is intended for holders of degrees in the liberal arts and other non-business fields who want to pursue graduate work in accounting and finance. It eases the transition for students into the accounting field.

  • The $5,000 award amount.
  • Eligibility: Graduate-level accounting or finance programs may allow applicants with undergraduate liberal arts or non-business degrees.
  • April 1 is the deadline for applications.

7. NBMBAA Graduate Scholarship Program

Minority students who want to work in business, especially finance, can apply for scholarships from the National Black MBA Association (NBMBAA). An additional goal of the program is to raise the proportion of ethnically diverse business professionals.

  • Amount of Award: $1,000 to $5,000
  • Eligibility: NBMBAA members who are enrolled in MBA programs.
  • Application Deadline: Not specified.

8. J.P. Morgan Launching Leaders Undergraduate Scholarship

Underrepresented students who want to work in finance are the target audience for this scholarship program. It offers mentorship possibilities as well as a summer internship.

  • Amount of Award: Up to $15,000.
  • Undergraduate students majoring in finance or similar subjects from a variety of backgrounds are eligible.
  • Application Deadline: Not specified.

9. Morgan Stanley Richard B. Fisher Scholarship Program

High-achieving college sophomores and juniors with an interest in financial services are eligible to apply for this award from Morgan Stanley. It seeks to give students the chance to participate in internships and obtain experience in the business.

  • Prize Money: Up to $10,000
  • Students from a variety of backgrounds who are sophomores and juniors are eligible.
  • Application Deadline: Not specified.

10. Risk Management Association (RMA) Foundation Scholarships

Scholarships are available from the RMA Foundation to students interested in working in risk management in the financial services sector. The award is intended to assist students in paying for their studies.

  • Award Sum: Between $1,500 and $5,000
  • Students interested in risk management, both undergraduate and graduate, are eligible.
  • Usually in March, applications close.

11. Financial Women’s Association of San Francisco Scholarship

Women who want to work in finance and financial services are supported by this scholarship. Its purpose is to assist women in reaching their career aspirations in finance.

  • Award Sum: Not specified
  • Eligibility: Female students majoring in finance or related subjects at the undergraduate and graduate levels.
  • Application Deadline: Not specified.

12. NABA National Scholarship Program

Scholarships in accounting, finance, or business are available to African American students through the National Association of Black Accountants (NABA). The award is intended to help students fulfill their goals for their education and careers.

  • Award Sum: Between $1,500 and $5,000
  • Students with undergraduate and graduate degrees who are members of NABA are eligible.
  • Normally, applications close in January.

13. Frank L. Greathouse Government Accounting Scholarship

To aid students in preparing for a career in state and local government finance, the Government Finance Officers Association (GFOA) is offering this fellowship. Professionals in public finance are the target audience.

  • Amount of Award: $10,000
  • Full-time accounting or finance majors at the undergraduate or graduate levels.
  • January is usually the deadline for applications.

14. Public Company Accounting Oversight Board (PCAOB) Scholarship Program

Accounting students who show an interest in auditing are eligible to apply for scholarships from the PCAOB. The curriculum is made to inspire students to get into financial reporting and auditing as their careers.

  • Prize Money: $10,000
  • Students pursuing accounting degrees at participating universities, both undergraduate and graduate, are eligible.
  • Deadline for applications: Submitted by participating educational institutions.

15. Texas Society of CPAs Scholarships

Scholarships in accounting and finance are available to students attending Texas colleges and universities through the Texas Society of Certified Public Accountants (TSCPA). Supporting the education of aspiring CPAs is the program’s goal.

  • Prize Money: Not Fixed
  • Individuals who reside in Texas or students studying accounting or finance at Texas-based colleges are eligible.
  • The deadline for applications varies.

How to win finance scholarships

Scholarships in finance are extremely competitive, just like any other. Your essays and applications will need to be very well-written if you want to win. Fortunately, we can assist you with this! For help with your essays, see our tutorials on how to write about yourself, how to answer typical scholarship essay prompts, and how to begin and conclude a scholarship essay. We also offer advice on how to create a scholarship résumé, locate regional scholarships, and write a winning scholarship essay. I wish you luck!

Resources for finance majors

Here are some resources for the Finance majors. See the list below.

Beta Alpha Psi

For students interested in accounting and finance, there is an international honor society called Beta Alpha Psi. In addition to offering networking possibilities with professionals worldwide, this association may assist you in staying current on developments in the industry. Through their website, you may determine if there is a chapter at your school or in your area.

Michael Lewis’ Against the Rules Podcast

For decades, the author of popular books on finance, like Moneyball and The Big Short, has been facilitating financial literacy. His podcast contains material to assist in demystifying difficult finance concepts for a general audience. This can be a useful tool for new students in particular to familiarize themselves with subjects they’ll be studying later on. This can serve as a crash course in simplifying difficult subjects for more experienced pupils.

Association for Finance Professionals

With members from many various financial fields, the Association for Finance Professionals is a worldwide organization. Through this organization, you can network with industry experts, obtain certificates, and find out about the status of the business today.

Conclusion

Some of the greatest options for students seeking finance degrees are represented by these 15 scholarships. Their scope of eligibility is broad and includes things like professional interests, demographic background, and academic achievement. It takes effort and attention to detail to apply for these scholarships, but the benefits can be great, frequently paying for a sizable amount of tuition and associated costs. To reduce the financial load of their study and receive recognition from esteemed organizations, aspiring finance professionals ought to investigate these alternatives.

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