Candriam Scholarship
Candriam – which stands for 'Conviction AND Responsibility In Asset Management' – is a recognized pioneer and leader in Sustainable Investing. A founding member of UN PRI in 2006, Candriam has been advocating for the last 25 years that the integration of sustainability criteria in stock analysis and portfolio construction leads to better risk-adjusted performance over the long term.
In addition to its duties as a responsible asset manager, Candriam wants to play an active role in society, donating up to 10% of its ESG fund range’s net management fees to projects accelerating change through research and education on Sustainable Investing, and reducing social inequalities.
A European-rooted asset manager, Candriam is also a member of the New York Life group and an affiliate of New York Life Investments, which counts amongst the biggest asset managers in the world.
Candriam is offering scholarships to Maastricht University students for a three-year Bachelor programmes of Economics and Business Economics and International Business offered by the Maastricht University School of Business and Economics (SBE) and a one-year Master's programme Sustainability Science, Policy and society, International Business- Sustainable Finance, International Business – entrepreneurship & Business Development and Economics and Strategy in Emerging Markets at SBE.
Who is eligible?
All candidates must meet the following requirements
You must have submitted a complete application by 1 May 2024 to:
- a full-time bachelor's programme in Economics and Business Economics, or
- a full-time bachelor's programme in International Business, or
- a full-time master’s programme in Sustainability Science, Policy and society, or
- a full-time master’s programme in International Business- Sustainable Finance, or
- a full-time master’s programme in International Business – entrepreneurship & Business Development or
- a full-time master’s programme in Economics and Strategy in Emerging Markets
at Maastricht University for the 2024-2025 academic year. You meet the specific admission requirements of the UM Bachelor or Master programme to which you have applied.
- You hold nationality in a country in the EU/EEA, Switzerland or Surinam;
- You are a first generation student (we define first generation students as students from non-academic backgrounds. First generation students are the first in their families to follow higher education (university or university of applied sciences); their parents did not follow higher education).
This scholarship provides an opportunity to experience the Problem-Based Learning educational model at Maastricht University, but also gives the scholarship recipient the opportunity to learn from other cultures by becoming a part of Maastricht University’s international academic community.
Are you interested in the Bachelor programmes of Economics and Business Economics and International Business or master's programme in Sustainability Science, Policy and society, International Business- Sustainable Finance, Economics and Strategy in Emerging Markets and International Business – entrepreneurship & Business Development? Are you a first generation student and do you hold the nationality of an EU/EER country, Switzerland or Surinam? You can apply for the Candriam Scholarship!
Application deadline
The application deadline is closed
Duration of the Candriam scholarship
36 months for the Bachelor programmes:
- Economics and Business Economics
- International Business
12 months for the master programmes:
- Sustainability Science, Policy and society,
- International Business- Sustainable Finance,
- International Business – entrepreneurship & Business Development
- Economics and Strategy in Emerging Markets.
Amount of the scholarship
The scholarship covers the tuition fee at cost, an allowance for study materials per year paid at the beginning of (each) academic year and living expenses at €989,00 per month for the duration of the scholarship as stated in the scholarship award letter. The period of the scholarship starts and ends at the dates mentioned in the awarding letter.
The Candriam Scholarship 2024-2025
Tuition fee* (per year) | € 2,530 Or at cost | Arranged and paid for by the Scholarship Office |
Study materials* (per year) | € 600 | Arranged and paid for by the Scholarship Office at the beginning of the academic year |
Living expenses (per year) | € 11.870* | Paid per month to students by the Scholarship Office |
*These amounts are subject to change for each academic year
Application procedure
Step 1: Apply for admissions to the bachelor or master’s programme at Maastricht University via Studielink. Candidates must have submitted a complete application for the relevant study programmes via Studielink and My UM for September 2024 by 1 May 2024.
Step 2: Application to the scholarship:
- Please fill out the application form (applications are closed) and including the necessary documents.
Upload the following documents in .doc, .docx, or PDF format, and submit your application. Please note that you will only be able to submit your application once, so please ensure that all of your documents are up-to-date.
- Curriculum Vitae. Your CV should be up-to-date, contain relevant information about your education and (job) experience, and should not be longer 2 A4 pages.
- Letter of motivation. Your letter of motivation should be up-to-date and specifically tailored to this scholarship programme. Generic letters of admission that do not directly address your motivation for the Candriam scholarship selection will be rejected. Your letter of motivation should be no longer than 1 A4 page. Be sure to argue why this scholarship is important to you, why you as first generation student should be selected.
- A letter of reference from an educational institution or an employer in your home country
Please note that you will only be able to submit your application once, so please ensure that all of your documents are up-to-date.
Selection procedure
Step 1: The faculty will review and rank the application requests. The faculty and Candriam will make the final decision.
Step 2: Applicants will be informed about the selection outcome at the end of July 2024.
Step 3: The candidates who are awarded the scholarship will receive an award letter; they must sign and return this letter to the UM International Services Desk to accept the scholarship.
For the scholarship assessment, the Scholarship Committee takes all elements of the application into account, including motivation and the reference.