Scholarship Program for Kuwaitis Pursuing a Master's Degree

In cooperation the with Kuwaiti banks, the Central Bank of Kuwait offers a “Scholarship Program for Kuwaitis Pursuing a Master’s Degree” for Kuwaiti graduates in the fields of Finance, Economics, Accounting, and Business Administration, in collaboration with the best international universities that have the highest degree of professionalism in a way that enriches the participants’ experience and prepares them to work in a highly efficient and professional manner in the areas where they are most needed.

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Application Rules

Regulations for the program

Program Time Table

The application period for the program has been extended until June 20, 2022

Universities list

Brochure

General Conditions

1. Must be a Kuwaiti national.

2. Must not be older than 35 years of age.

3. Must not be a holder of a master’s degree or any equivalent degree.

4. Must not have been previously awarded a Master’s degree scholarship by any other authority within the State of Kuwait and approval of the scholarship award shall be in the scholarship’s designated academic year.

5. Must have obtained a university degree from a university recognized by the Ministry of Higher Education in the State of Kuwait, with a grade of not less than 3 points (four-point system) at least, or its equivalent.

6. Must obtain an unconditional acceptance from an accredited university, according to the latest list developed by the committee for accredited universities.

7. The required Master’s degree for the applicant must be “Master of Science” (MSc) or “Master of Business Administration” (MBA) with specialization in one of the following fields: Finance, Economics, Accounting or Business Administration, with priority given to the degree of “Master of Science” (MSc).

Required Documents

• To Whom It May Concern Certificate and transcript for academic qualification.

‪• Unconditional acceptance to study at Master’s level from an international university accredited by the Scholarship Program for Kuwaitis Pursuing a Master’s Degree Committee to obtain a master’s degree, and from the Ministry of Higher Education in the state of Kuwait.

‪• Completed candidacy application form.

‪• The applicant’s CV.

‪• A copy of the civil ID.

‪• A copy of the nationality certificate.

‪• A copy of the passport.

• A copy of the birth certificate. ‪

‪• 2 recent personal photos, size 4 x 3 cm.

General Provisions

• Only applications that meet all the requirements will be considered. Acceptance of the application does not entail acceptance for the scholarship program, as the applicant must also pass the personal interviews for the scholarship.

• The Institute of Banking Studies announces scholarships and receives and sorts applications in accordance with the conditions and requirements set forth in the regulations for the Scholarship Program for Kuwaitis Pursuing a Master’s Degree, in addition to following up on scholarship affairs and applying the stipulated rules and regulations.