Introduction
Finance and accounting are two of the most in-demand fields in today’s global economy. Whether you're pursuing a career in investment banking, auditing, fintech, or corporate finance, having a strong academic foundation is essential. However, tuition fees—especially for master’s programs or MBAs—can be expensive.
The good news is, many scholarships in 2025 are designed specifically for finance and accounting students, and some offer full funding, living stipends, and even health insurance. These programs don’t just reduce financial stress—they often lead to high-paying roles and exceptional networking opportunities.
In this article, we explore the top scholarships for finance and accounting students, how to apply, what makes them high-ROI, and expert tips to boost your chances.
Why Focus on Finance & Accounting Scholarships?
Studying finance and accounting offers:
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High employability across sectors (banks, consultancies, startups, multinationals)
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Global mobility and demand for qualified professionals
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Access to well-paid positions with long-term career growth
But the path often requires:
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Expensive degrees (e.g., MSc in Finance, MBA, CPA training)
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Certification exams (like CFA or ACCA)
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Living in financial hubs like New York, London, or Singapore
Scholarships make this journey possible—without long-term debt.
Top Scholarships for Finance & Accounting Students – 2025
1. Eiffel Excellence Scholarship (France)
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Covers: Monthly stipend (€1,181), travel, health insurance, housing allowance
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Eligible Fields: Finance, Economics, Management
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Who Can Apply: International master’s and PhD students applying to French institutions
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Career ROI: Strong access to European job market post-study
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Deadline: January 2025
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Website: campusfrance.org
2. Chevening Scholarship (UK)
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Covers: Full tuition, living stipend, travel, health insurance (IHS fee)
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Fields: Finance, Accounting, Economics, and related fields
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Eligibility: Future leaders from 160+ countries
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Career ROI: Graduates work in global banks, government, or Big Four firms
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Deadline: November 2024
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Website: chevening.org
3. DAAD EPOS Program – MSc in International and Development Finance
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Covers: Full tuition, monthly stipend, health insurance, travel
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Location: Frankfurt School of Finance and Management (Germany)
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Eligibility: Professionals from developing countries
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Career ROI: Positioned for development banking and policy finance roles
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Deadline: October 2024
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Website: daad.de
4. Rotterdam School of Management – Erasmus University (Netherlands)
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Scholarship: RSM MBA Diversity Scholarship, Alumni Impact Scholarship
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Covers: Up to 50–100% tuition
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Eligibility: Strong academic background and leadership in finance/business
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Career ROI: Rotterdam is a finance hub; strong links with firms like PwC and ING
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Deadline: Rolling
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Website: rsm.nl
5. CFA Institute Access Scholarship
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Covers: CFA exam enrollment and registration fees (worth up to $1,500)
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Eligibility: Students pursuing finance or investment careers
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Career ROI: CFA credential is highly respected worldwide
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Deadline: Usually April–May each year
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Website: cfainstitute.org
6. Fulbright Foreign Student Program (USA)
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Covers: Full tuition, stipend, health insurance, travel
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Fields: Finance, Economics, Accounting
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Eligibility: Students from over 150 countries
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Career ROI: Global recognition, access to top U.S. schools like Columbia or Wharton
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Deadline: Varies by country
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Website: foreign.fulbrightonline.org
7. HKUST Business School Scholarships (Hong Kong)
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Covers: Full/partial tuition + stipend
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Programs: MSc in Finance, Accounting, MBA
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Eligibility: International students with strong quantitative or finance background
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Career ROI: Strong finance hub; links to Asia-Pacific investment banks and firms
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Deadline: December–April (depending on intake)
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Website: bm.hkust.edu.hk
Where to Find These Scholarships
Use the following platforms to search:
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University finance department pages
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Scholarship search engines:
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LinkedIn & GMAT forums
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Google search with terms like:
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“Finance scholarships for international students 2025”
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“Scholarships for MSc in Finance with health insurance”
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General Eligibility Criteria
Each scholarship has its own rules, but most require:
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Strong academic performance (GPA, class rank)
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Bachelor’s degree in finance, economics, or business
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Proof of English proficiency (IELTS/TOEFL)
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Letters of recommendation
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Motivation letter or statement of purpose
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Professional experience (for MBA or master’s programs)
How to Apply – Step-by-Step
Step 1: Choose the Right Program
Make sure the program fits your career goals—whether it’s CFA-track, audit-focused, or policy finance.
Step 2: Prepare Documents
Common documents include:
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Transcripts
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CV / Resume
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IELTS or TOEFL score
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Recommendation letters
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Motivation letter
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Proof of identity
Step 3: Apply for Admission and Scholarship
Some scholarships require separate applications (like Chevening); others are integrated into the university’s admission process.
Step 4: Interviews (if applicable)
Some programs shortlist candidates for video or in-person interviews.
Step 5: Await Results and Scholarship Confirmation
You’ll receive funding details with your admission offer.
Tips to Increase Your Chances
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Tailor your motivation letter – Show why finance/accounting is your passion
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Apply early – Many top scholarships have early deadlines
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Highlight leadership and community engagement – Especially for programs like Chevening
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Use strong referees – Academic or professional
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Apply to multiple scholarships – Don’t rely on one option
Common Mistakes to Avoid
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Applying without reading eligibility rules carefully
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Reusing a generic essay for multiple applications
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Not showing clear career goals in finance or accounting
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Missing deadlines or uploading incomplete documents
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Ignoring health insurance benefits (important for visa & peace of mind)
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