ICMA launches its 2022 scholarship programme
Number of scholarship places increased and geographic coverage extended
Following the successful launch of its first programme in 2021, ICMA is now offering scholarships for 2022 to individuals from a number of countries in Sub-Saharan Africa and Asia-Pacific who are unable to pursue a financial qualification due to their economic circumstances.
As part of ICMA's mission to raise standards and support inclusion in financial markets we have extended the number of scholarships available in 2022 from 25 to 35.
Scholarships will be available to young people who are interested in a career in finance from the following countries in Sub-Saharan Africa: Ethiopia, Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania, Uganda, Zambia and Zimbabwe. And in 2022 the programme will also be offered in the following countries in Asia Pacific: India, Malaysia, Mongolia, Philippines, Indonesia, Thailand and Vietnam.
ICMA has been active in the aforementioned countries through its efforts to develop the local repo markets alongside capacity-building in partnership with a number of development institutions such as Frontclear in Africa and the Asian Development Bank in Asia.
The scholarships provide an opportunity to study for one of the ICMA Diplomas, namely:
- ICMA Diploma in Debt Capital Markets
- ICMA Diploma Securities & Derivatives
- ICMA Diploma in Financial Market Operations
These diplomas are internationally recognised qualifications taught by experienced market professionals which can kick-start a career in financial markets.
All the courses which make up the diplomas can be studied online over 12 months as a mix of self-study and virtual classroom programmes, and they include online exams. The ICMA scholarship will fully cover the course and examination fees for the relevant Diploma.
Candidates must be between 19 and 30 years old at time of application and may be in full-time education, working in finance already or looking to move into it.
A good level of education (but not necessarily a University degree), interest in financial markets and proficiency in English are necessary application criteria.
How to apply
For information on the eligibility criteria, how to apply and the selection process, please view the ICMA Scholarship Programme page on our website. The deadline for submissions for the 2022 intake is 15 January 2022.
We would like to encourage ICMA members and academic institutions to share this information with students who may wish to apply.