CIMB launches new ASEAN scholarship for undergraduates

24 May 2016

Offers scholars a unique buddy system and networking opportunities to prepare them as future industry captains

Kuala Lumpur: Furthering its commitment towards investing in youths of ASEAN, the CIMB Group is offering 20 full scholarships for first degree programmes at any reputable university of choice. The CIMB ASEAN Scholarship is open to citizens of Malaysia, Indonesia, Singapore, Thailand and Cambodia who are current undergraduates, or are about to begin their degree programmes.

A unique value proposition of this scholarship is that the scholars, during their undergraduate studies, will be exposed to programmes and initiatives that will not only help them in their studies, but also prepare them to be career-ready with CIMB. This comprises, among others, a buddy system whereby the scholars are paired with CIMB bankers for hands-on learning and training, networking opportunities with senior management, and involvement in CIMB’s ASEAN-related programmes.

Tengku Dato’ Sri Zafrul Aziz, Group Chief Executive, CIMB Group said, “Our scholarship scheme demonstrates our commitment to play a more active role in grooming future leaders who will in turn, support the growth of ASEAN, consistent with the aspirations of the CIMB Group. The core objective is to provide a holistic development programme to nurture these scholars into accomplished professionals who are not only intellectual, but also equipped with the necessary soft skills to succeed in a highly competitive environment. One key draw for the scholars would be an opportunity to be placed in any of the 17 countries where the Group operates."

Successful candidates will enjoy:

• Full scholarship including tuition and other compulsory fees, living allowances and home trips;
  
• Having a CIMB banker as a buddy for authentic, professional exposure and training;
  
• Cultural assimilation within CIMB Group, including networking opportunities with the Group’s senior management;
  
• Participation in CIMB’s ASEAN community initiatives e.g., CIMB Young Leaders ASEAN Summit, and the CIMB ASEAN Stock Challenge;
  
• Involvement in CIMB’s Corporate Social Responsibility (CSR) activities;
  
• Internship and research opportunities;
  
• Leadership development and personal effectiveness courses;
  
• Employment with CIMB Group via The Complete Banker programme.

Eligibility

Applicants must be citizens of Malaysia, Indonesia, Singapore, Thailand or Cambodia. They must have obtained outstanding academic results in their pre-university examinations/ assessments (e.g. Sijil Tinggi Pelajaran Malaysia, ‘A’-Levels, International Baccalaureate or the equivalent in their respective countries), and have a track record of demonstrated leadership and teamwork. The aspirant must have applied for undergraduates studies at the time of application, and received a firm offer by the time the scholarship is awarded. Current undergraduates in their first or second year of studies (without any scholarship bond from any organisation) may also apply.

The CIMB ASEAN scholarship will cover the following fields of study: business/management, accounting, banking and finance (conventional and Islamic), economics, innovation and entrepreneurship, risk management, computer science, actuarial science, communications studies, law, and engineering. This list is non-exhaustive.
 

Application period

Applications will be accepted from 24 May 2016 and interested applicants may visit www.cimb.com/aseanscholarship or email cimbaseanscholarship@cimb.com for further information. The closing date for application is 12 June 2016.