To encourage Kuwaiti youth to pursue scientific research in the financial and banking fields in the State of Kuwait, the Central Bank of Kuwait launched the third cycle of the “Kuwaiti Economic Student Award” for students at the bachelor’s, master’s and doctoral levels, to motivate them to contribute to the development of banking work and support financial innovation in the State of Kuwait, in addition to shedding light on the distinguished in this field, and providing the banking and financial sectors with the most qualified young national cadres to support and develop the national economy. The award has been in place since 2018.
The following prizes are awarded to the research that is selected for the first three places:
First–place: a financial reward of 5,000 Kuwaiti dinars and a souvenir and a certificate of appreciation.
Second–place: a financial reward of 3,000 Kuwaiti dinars and a certificate of appreciation.
Third–place: a financial reward of 2,000 Kuwaiti dinars and a certificate of appreciation.
In addition to the foregoing, an incentive award for outstanding research with an innovative topic is awarded, which is a souvenir and a certificate of appreciation.
This award can be withheld if the conditions do not apply to the submitted research.
The economic, financial and banking fields, which contribute to the development of the work of the Kuwaiti banking sector and benefit directly from them.
The Kuwaiti Economic Student Award Committee manages the award’s affairs, including:
The Kuwaiti Economic Student Award Committee manages the affairs of the award, and the committee includes representatives from the Central Bank of Kuwait, the Institute of Banking Studies and Kuwaiti Banks, as well as three external arbitrators.
Evaluation of the research is according to the following:
The copyright of the winning research papers shall be transferred to the Institute of Banking Studies on a non-exclusive basis, and the institute has the right to publish them in any medium it deems appropriate.
The first-prize winning research paper and any research recommended by the committee will be published.