Graduate recruitment

Scholarships

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

The Reserve Bank of New Zealand offers three scholarships for students studying Economics, Finance and Banking at a New Zealand University.

They are:

Applications for 2018 Scholarships are open 15 January – 12 March 2018.

Go to the Applications section to find out how to apply

Reserve Bank of New Zealand University Scholarships

Eligibility

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 final year of an Honours or Masters degree. Students must have attained at least a B+ average and be studying full time over the academic year.

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. 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, then you will be required to repay the sum of the scholarship payments made to you.

Other information

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.

The Reserve Bank of New Zealand University Scholarship interviews form part of the graduate recruitment process. The top performing candidates in the graduate interviews are awarded the scholarship.

Please see information on the recruitment timelines and process.

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

Please see below for information on how to apply.

Women in Central Banking Scholarship

Eligibility

We are passionate about having a diverse workforce. The Reserve Bank of New Zealand has a “Women in Banking” scholarship available each year to students who are majoring in Economics, Finance or Banking and are entering their final year of an Honours or Masters degree. Students must have attained at least a B+ average and be studying full time over the academic year.

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, and you are provided with a mentor through your final year of study. 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, then you will be required to repay the sum of the scholarship payments made to you.

Other information

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.

The Women in Central Banking Scholarship interviews form part of the graduate recruitment process. The top performing female candidate in the graduate interviews is awarded the scholarship.

Please see information on the recruitment timelines and process.

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

Please see below for information on how to apply.

Māori and Pacific Islands Scholarship

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 in 2016), 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 for you up to Honours level (fourth year) providing you continue to major in Economics, Finance or Banking and perform to the required standard (Maintain a B+ average).

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. You may also be able to complete an internship at the Reserve Bank during your studies.

Enrolment

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

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

Please see below for information on how to apply.

Applications

Applications for the 2018 Scholarships are open 15 January – 12 March 2018. 

Please note we may start considering applications as they are received so encourage you to apply early.

To apply, please submit the following information through our online system by 5pm, Monday 12 March 2018.

RBNZ University Scholarship

  • A completed Graduate/Scholarship application form (PDF 700KB)
    • If you get a message saying that your PDF viewer cannot display the file, download the PDF using the PDF controls in the right-hand corner of your screen.
  • Cover letter
  • Curriculum Vitae
  • A copy of your official academic transcript
  • One recent essay that you have submitted as part of your degree
  • A copy of your work visa or permit (if applicable)

Submit your information via our online system

Women in Central Banking Scholarship

  • A completed Women in Central Banking Scholarship application form (PDF 683KB)
    • If you get a message saying that your PDF viewer cannot display the file, download the PDF using the PDF controls in the right-hand corner of your screen.
  • Cover letter
  • Curriculum Vitae
  • A copy of your official academic transcript
  • One recent essay that you have submitted as part of your degree
  • A copy of your work visa or permit (if applicable)

Submit your information via our online system

Māori and Pacific Islands’ Scholarship

  • A completed Māori and Pacific Islands’ Scholarship application form (PDF 711KB)
    • If you get a message saying that your PDF viewer cannot display the file, download the PDF using the PDF controls in the right-hand corner of your screen.
  • Cover letter
  • Curriculum Vitae
  • A copy of your official academic transcript
  • Evidence that you are enrolled in your course for the coming year
  • Evidence of payment of fees
  • A copy of your study visa or permit (if applicable)

Submit your information via our online system

For further information please contact
Nikki Chalmers
Human Resources Adviser
Reserve Bank of New Zealand