Reserve Bank Graduates: We value great minds.

Scholarships

The Reserve Bank of New Zealand offers two scholarships for students studying Economics, Finance and Banking at a New Zealand University. They are the Reserve Bank of New Zealand University Scholarship and Māori and Pacific Islands Scholarship.

To be eligible applicants must be studying full time at a New Zealand University and be legally entitled to work in New Zealand.

Reserve Bank of New Zealand University Scholarships

Applications for our 2015 Scholarship round are now open.

Applications will close on 14 January 2015.

Download an application form for the RBNZ University Scholarship here.

The Reserve Bank of New Zealand offers two scholarships each year to students who are majoring in Economics, Finance or Banking and who are entering their Honours, Masters or final year of PhD study. Students must have attained at least a B+ average and be studying full time over the academic year (February to November).

The value of each scholarship will be $10,000. This money will be paid fortnightly during the academic year.

In addition to the $10,000, an offer of employment is provided at the completion of your qualification. It is important to note that a condition of receipt of the scholarship is that you must accept the position with the Reserve Bank and must remain in that position for a specified period of time. Should this condition not be met you will be required to repay the sum of the scholarship payments made to you.

Should you be unsuccessful in obtaining a financial scholarship, you may be considered for a graduate position, if you meet the required criteria.

We welcome applications from international students, provided you are legally entitled to work in New Zealand.

Once short listing has been completed, successful applicants will be asked to attend a half day interview process at the Bank in Wellington. This typically takes place at the beginning of February.

For further information please email recruitment@rbnz.govt.nz


Māori and Pacific Islands Scholarship

Applications for our 2015 Scholarship round are now open.

Applications will close on 21 January 2015.

Download an application form for the Maori and Pacific Islands Scholarship here.

The Māori and Pacific Islands Scholarship in Economics, Finance and Banking has been developed as part of the Reserve Bank of New Zealand's Equal Employment Opportunities programme.

The purpose of the Scholarship is to encourage Māori and Pacific Island students to pursue studies in the field of economics, finance and banking studies. The Reserve Bank’s objective is to increase the number of Māori and Pacific Island students with tertiary qualifications in economics, finance and banking studies to honours level, and thereby increase the numbers of these students employed in policy departments within the sector.

Eligibility

The scholarship is open to Māori and Pacific Island university students who have completed Economics, Finance or Banking studies at the 100 level (completed first year of university), who attained at least a B+ grade and who intend to continue studying to Honours level. Please note that students who are entering their first year of university are not eligible.

Applicants must be studying full time at a New Zealand university. The scholarship will be continued for the original holder up to Honours level (fourth year) providing the holder continues to perform to the required standard.

For further information please email recruitment@rbnz.govt.nz


Value

The scholarship is valued at $1,500 in the first year, increased to $2,500 in the second year and $3,500 in the final year of study.

The successful applicant will be paired with a Reserve Bank staff member who will act as a mentor. The mentor will make contact regularly during the scholarship programme and can assist with research, advice and provide you with access to some of our resources at the Bank.


Enrolment

Evidence of enrolment in a full time degree course and payment of fees will be required with the application.


Copyright

© Reserve Bank of New Zealand

Material published on the Reserve Bank’s website is the copyright of the Bank unless otherwise indicated. This material may be reproduced and used without the specific permission of the Bank, subject to the following conditions:

The Reserve Bank is acknowledged as the source and copyright owner of the material if the material is published or issued to others.

The material is reproduced accurately and is not used in a misleading way.

The permission to reproduce material that is the copyright of the Bank does not extend to any material on this site that is identified as being the copyright of a third party. Permission to use such material must be obtained from the copyright holders concerned.