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 four scholarships for students studying Economics, Finance and Banking at a New Zealand University.

They are:

Applications for 2019 Scholarships are open from 14 January 2019 and application details will be available at that time.

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.

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

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.

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

The Roger Perry Memorial Scholarship

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 Auckland University.

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.

Eligibility

The Roger Perry Memorial Scholarship is 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. It is offered to intellectually curious Economics or Finance students completing their post-graduate studies.

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 Roger Perry Memorial Scholarship interview forms part of the graduate recruitment process. The top performing intellectually curious candidate in the graduate interviews is awarded the scholarship.

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

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, 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.

Applications

Applications for 2019 Scholarships are open from 14 January 2019 and application details will be available at that time. 

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