Scholarships in Accounting and Finance
CFA® Institute's Scholarship Program for University Students
The Chartered Financial Analyst® (CFA) Program is a globally recognised standard for measuring the competence and integrity of financial analysts. Its curriculum develops and reinforces a fundamental knowledge of investment principles. Three levels of examination measure a candidate's ability to apply these principles at a professional level. The CFA exam is administered annually to more than 100,000 candidates in over 90 nations, including New Zealand.
Up to five student scholarships are available for University of Otago students to become new CFA candidates at Level I, with students paying a substantially reduced cost. This covers the registration for the CFA Program and enrolment for the Level I exam.
Deutsche Bank Financial Markets and Investment Banking Scholarships
Two scholarships are awarded annually to full-time students in their penultimate year of either a Bachelors degree with Honours or combined Honours in Economics, Finance, Accounting, or Economics and Statistics; or a double degree in Law and Commerce, where the major subject for the Commerce degree is one or more of Economics, Finance, Accounting, or Economics and Statistics.
Students completing their Bachelors degree this year who are intending to proceed to postgraduate (ie PGDipCom or MBus) courses next year in Accounting, Economics or Finance are also encouraged to apply.
$2,500 per year for two years
First New Zealand Capital Ltd Scholarship for Studies in Finance and Economics
This scholarship was established in 2003 by First NZ Capital, one of New Zealand’s leading investment banks. First NZ Capital offers a full range of services including investment banking, retail investor services, equity and fixed interest sales and trading, and equity and economic research.
One scholarship is awarded annually to a student whose full-time course of study in the year of tenure includes one or more 200-level, 300-level or 400 level papers in Commerce or another approved course.
The University Council awards the scholarship is to the applicant who is recommended for the award by a selection committee, comprising the Head of the Department of Accountancy and Finance and a representative of First NZ Capital.
In making its recommendation, the selection committee takes into account an applicant's academic record, aptitude in Finance and/or Economics, leadership potential and prospects for making a contribution to the finance profession in New Zealand.
Holding another scholarship does not exclude a student from holding this scholarship, but he or she may not be in employment for more than 15 hours per week.
The scholarship is tenable for one year at an emolument of $2,000 or a sum determined by the donors.
The University Council may at any time terminate the scholarship if the recipient ceases to follow satisfactorily a full-time course of study in the year of tenure including one or more 200-level, 300-level or 400 level papers in Commerce or another approved course.
John Waddell Hayward Scholarship in Commerce
Established in 1974 by gifts from past and present members of staff and students, and by public subscriptions, on the retirement of Dr JW Hayward as Registrar of the University of Otago.
The purpose of the scholarships is to assist in the advancement of knowledge in those disciplines concerned with Business Administration.
The Scholarships shall be held only by full-time students in the Faculty of Commerce who are proceeding to the final year of an Honours degree.
The Scholarships shall be of the same value as University of Otago Senior Scholarships and/or University of Otago Awards in Commerce, and shall be awarded by the Council on the recommendation of the University of Otago Scholarships Committee following the receipt of nominations from Heads of Departments in the Faculty of Commerce.
The Council shall have power to vary these regulations on the recommendation of the Faculty of Commerce and the Senate should changed circumstances render such action necessary, provided that neither the name of the scholarship nor the general purpose of the scholarship for advanced studies in Commerce is altered.
Murray & Company Investment Banking Scholarship and Work Experience Placement
Murray & Company is a Christchurch-based investment bank involved in mergers and acquisitions, capital raising, corporate advice and principal investment. The firm has a strong international network and offers its clients a unique blend of international and domestic knowledge based on the extensive experience of its principals in banking, finance and investment.
In providing this scholarship opportunity, while Murray & Company acknowledges an intent to raise its corporate profile, its aim is to foster interest and awareness in the investment banking sector in New Zealand, with a view to encouraging home-grown talent and ultimately contributing to New Zealand’s economic future.
To learn more about the company visit their website: www.murrays.co.nz/
The annual scholarship is offered on a competitive basis between the students of Canterbury, Lincoln and Otago universities. A covering letter, a commentary on a recent corporate finance transaction and an application form are required. No interview is required.
The successful applicant will receive $1500.
Students of the University of Canterbury, Lincoln University or the University of Otago in their final year whose full-time course of study includes one or more 300, 400 or 600-level Finance papers are eligible to apply.
Work Experience Placement
The Work Experience Placement is designed to give the chosen student some exposure to the work of both of the firm’s divisions. Within the Investment Banking Division, the student’s first week will involve working closely with a team of skilled investment bankers who work on both national and international corporate finance transactions. During the second week in the Wealth Management Division, the student will be given an insight into how such a business operates and the depth of knowledge required by an investment adviser to create and manage portfolios to specific client requirements. The Placement will occur in November and is unpaid. However a $200 voucher towards expenses will be received by the student.
The application process for the Work Experience Placement requires interested students to apply directly to Murray & Company with a covering letter and a CV. Applicants will be interviewed in June.
T.K. Cowan Scholarships in Accounting and Finance
Established in 1982 by public subscription to mark the retirement of T.K. Cowan, Professor of Accounting and Finance from 1961 to 1981 and Dean of the Faculty of Commerce from 1959 to 1975. The scholarships may be held only by students of Accounting or Finance.
William Emery Scholarship in Commerce
Established in 1928 by Mrs McGill-Brown, in memory of her father. The scholarship shall be awarded to a candidate for the degree of Bachelor of Commerce who is among the best ten students of Accounting and Economics at 100-level, and who gains the highest aggregate mark in Accounting at 100-level and Economics at 100-level.
Value of the Scholarship: $500