grads

Scholarships

 To be eligible applicants must be studying full time at a New Zealand University and are a NZ Citizen or have NZ Permanent Residency status.

The Reserve Bank of New Zealand offers four scholarships for students majoring in Economics, Finance, Mathematics, Law and Accounting at a New Zealand University.

They are:


Māori and Pacific Islands Scholarship

The purpose of the Scholarship is to encourage Māori and Pacific Island students to pursue studies in the field of economics, finance, mathematics, law and accounting. The Reserve Bank’s objective is to increase the number of Māori and Pacific Island students with the above mentioned tertiary qualifications 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, Mathematics, Law and Accounting studies at the 100 level, 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 and are a NZ Citizen or have NZ Permanent Residency status.

The scholarship will be continued for you up to Honours level (fourth year) providing you continue to major in economics, finance, mathematics, law or accounting and perform to the required standard (maintain a B+ average).

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

Value

The scholarship is valued at $3,000 in the first year, increased to $3,000 in the second year and $5,000 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.

As a successful recipient of this scholarship, we will endeavour to make a summer internship opportunity available to you during your three year scholarship.

 


Reserve Bank of New Zealand University Scholarships

Our final year scholarships are listed below, and share the same eligibility criteria:

  • Reserve Bank of New Zealand University Scholarship
  • Women in Central Banking Scholarship
  • The Roger Perry Memorial Scholarship*

Eligibility

The Reserve Bank of New Zealand offers scholarships each year to students who are majoring in Economics, Finance, Mathematics, Law and/or Accounting and who are entering their final year of an Honours or Masters degree.

The Reserve Bank of New Zealand University Scholarship is available for up to two recipients, while our Women in Central Banking and The Roger Perry Memorial Scholarships are available for up to one recipient per year.

Students must have attained at least a B+ average and be studying full time over the academic year.

Applicants must be studying full time at a New Zealand university and are a NZ Citizen or have NZ Permanent Residency status.

Value

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. You will be offered a graduate position as part of our graduate programme – this is a rotation role designed to build central banking capability.

A condition of the receipt of the scholarships is that you will accept the graduate position offered with Reserve Bank. Should you choose not to accept this position, you will then be required to repay the sum of the scholarship payments made to you.

Criteria

In order to determine our scholarship holders, we are looking for our future leaders, well-rounded central bankers and those who demonstrate our values of integrity, innovation an inclusion.

We are looking for diversity of thought and experience, as we strive to become future focussed and face into change.

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

How to Apply

In order to be considered for one of the three scholarships listed above, please apply for our Graduate Programme.

Contact details
The RBNZ Recruitment Team
 +64 4 471 3672
 recruitment@rbnz.govt.nz

* Roger Perry

Roger Perry (1959-2018) joined the Reserve Bank in 1980 after graduating at the University of Otago with B.Com (First Class Hons). He went on to forge an impressive career in the financial sector. An integral part of his life was raising his family in Auckland with his wife Norida, and completing an M.B.A (Beta Gamma Sigma) at University of Auckland.

Roger returned to the Reserve Bank in 2013, holding management positions in the Macro Financial Department, Financial Markets Department and Economics Department. He was an intellectually-curious manager, and contributed greatly to Phase One of the Reserve Bank Act review.

Roger had a love of strategy and a passion for learning and developing his staff, both professionally and personally and championed many analysts at the Bank. He was particularly fond of Stephen Covey’s 7 Habits of Highly Effective People, and was regularly found quoting his favourite habits.

After being diagnosed with cancer in early 2017, Roger maintained his positive outlook and determined character.

The Roger Perry Memorial Scholarship has been established as an enduring recognition of the immense contribution Roger made to the Reserve Bank.

Those who were fortunate enough to work with Roger will remember him as energetic, committed to the people around him, and courageous in spirit.