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Women in Economics Scholarship

Applications for the 2021-22 academic year are open until Wednesday, 26 May 2021.

We are offering five female economics students grants of €10,000 each.

Are you a woman currently enrolled, or about to enrol, in a Master’s course in economics at a university or business school in Europe? If so, our Women in Economics Scholarship could be for you!

The funding is intended to help finance your studies. Successful candidates will also have the opportunity to gain insights into our cutting-edge research and to learn about the career opportunities we offer.

Economics is a diverse field, and we welcome applications from students interested in a broad range of topics – not just those related to central banking.

Eligibility criteria

  • You are a woman
  • You are a citizen of an EU Member State
  • You are currently enrolled, or are about to enrol, in a Master’s course in economics at a European university or business school
  • You are facing a funding gap that may prevent you from pursuing your studies
  • You obtained excellent grades in your undergraduate (i.e. Bachelor’s degree) studies (corresponding grades for some countries are outlined below)
Eligibility criteria
Country in which you completed or are completing your undergraduate degree Required average grade for our scholarship
Austria 1-1.99
Belgium 16-20
Bulgaria 4.8-6
Czech Republic 1-1.99 or 80-100
Croatia 4-5
Cyprus 8-10
Denmark 10-12
Estonia 4-5
Finland 4-5
France 15-20*
Germany 1-1.99
Greece 8-10
Hungary 4-5 or 80-100
Ireland 70-100*
Italy 27-30
Latvia 8-10
Lithuania 8-10
Luxembourg 16-20
Malta A to A+ or 80-100
Netherlands 8-10
Norway 4.8-6
Poland 4.5-5.5
Portugal 16-20
Romania 8-10
Slovakia 1-1.99
Slovenia 8-10
Spain 8-10
Sweden 4-5 or A- to A
Switzerland 4.8-6
United Kingdom 70-100*
United States A- to A

(* equivalent to cum laude)

What’s in it for you?

  • A grant of €10,000
  • A study visit to the ECB (this may take place virtually, depending on the situation with the coronavirus pandemic at the time)
  • Insight into the ECB’s cutting-edge economic research
  • The opportunity to meet your fellow scholars and the ECB Women in Leadership network
  • Advice and mentoring from an ECB economist

Application process

How it works

  • Applicants should complete the application form below and return it together with all supporting documents to by Wednesday, 26 May 2021.

Application form

As part of your application, you will need to:

  • Explain the motivation behind your studies and detail your career aspirations
  • Outline your current funding situation

Supporting documents

Together with your application, you will need to submit the following:

  • Proof of (preliminary) acceptance to a Master’s course in economics for the coming academic year (i.e. if you are applying for the 2021-22 scholarship, you need to prove acceptance to a Master’s for the 2021-22 academic year). We accept degrees with a major in economics or a related specialisation (such as international economics, monetary economics, econometrics, development economics or environmental economics)
  • Official transcripts of your undergraduate qualifications, your academic record and (if applicable) evidence of your highest level of completed studies

Timing & selection process

  • Applications for scholarships for the 2021-22 academic year will open on Tuesday, 4 May 2021
  • We plan to hold online interviews in June 2021 and to inform successful candidates by July 2021

Any questions?

Not sure whether you are eligible? Don’t know if your Master’s programme qualifies? Get in touch by writing to

Please also read the terms & conditions of the scholarship carefully before applying.

Why do we offer this scholarship?

The economics profession lags behind other sectors in terms of gender balance. With this scholarship we at the ECB want to support women’s career development in central banking as well as the wider field of economics.

We look forward to receiving your application.

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