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Women in Economics Scholarship

Applications for scholarships in the 2020-21 academic year will open in March 2020.


Diversity and inclusion

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

Are you a woman currently enrolled, or about to enrol, in a Master’s 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 the recipients’ studies. Successful candidates also have the opportunity to visit the European Central Bank to gain an insight into our cutting-edge research, and to learn about the career opportunities we offer.

Economics is a diverse field. We welcome applications from students interested in a broad range of topics – not limited to central banking.

Eligibility criteria

  • You are a woman
  • You are an EU citizen
  • You are currently enrolled, or about to enrol, in a Master’s qualification in economics at a European university or business school
  • You have a financial need, and the funding gap may prevent you from pursuing your studies
  • You obtained excellent grades in your undergraduate studies (corresponding grades are outlined below for some countries; for other countries, grades of an equivalent level are required)
Country in which you completed or are completing your Bachelor’s 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
  • Insights 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

  • Once we open applications you can apply via this page.

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 upcoming academic year (e.g. if you are applying for the 2020-21 scholarship, you need to prove acceptance to a Master’s for the 2020-21 academic year). We accept degrees with a major in economics or with a specialisation (such as international economics, monetary economics, econometrics, development economics, environmental economics)
  • Official transcripts of your undergraduate qualifications, your academic record and (if applicable) evidence of your highest level of studies previously completed

Timing & Selection process

  • Applications for scholarships in the 2020-21 academic year will open in March 2020.
  • We plan to hold interviews in May and June 2020 and to inform the winners by the end of June 2020.

Have questions?

Not sure whether you are eligible? Don’t know if your Master’s programme would qualify? Get in touch by writing to [email protected]

Please also read the Terms & Conditions of the scholarship carefully before applying.

Why do we offer this scholarship?

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

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