UniCredit Foundation proudly reaffirms its dedication to nurturing young talent and fostering academic excellence by launching a new tranche of scholarships and research opportunities, bringing its educational financing to over €4 million in 2024.
Building on successful initiatives from earlier in the year, this substantial investment — valued at €1.4 million — is the latest to be delivered as part of our Foundation's 2024 strategy, which committed to investing a total of €30 million to tackle educational poverty in UniCredit's communities across Europe.
The investment reaffirms the UniCredit Foundation's role as a vital bridge between academia and opportunities for education and growth, particularly in the fields of economics, finance, and multidisciplinary studies on educational topics.
This new tranche will provide funding through three competitions and two academic collaborations, encompassing 37 merit-based scholarships and research grants, alongside three specific research projects focused on educational themes. These opportunities are designed for recent graduates and researchers across Europe, with a dual purpose: to support students specializing abroad at prestigious universities and to promote 'brain gain' by enabling them to contribute to sustainable economic growth in the countries where UniCredit operates.
Scholarships and Research Opportunities Launching in December 2024:
Research Grants:
- 1st Multidisciplinary Education Research Grant: This grant supports one multidisciplinary research project aimed at enhancing education in UniCredit's core regions, with total funding of €250,000. Applications are open until March 31, 2025.
- 3rd Education Research Grant: This grant will fund two economic research projects focused on improving educational outcomes, offering a total of €400,000. Submissions will be accepted until April 1, 2025.
- 3rd Marco Fanno PhD Research Grant: Open until March 15, 2025, this encompasses two research grants totaling €80,000 for leading Italian university departments in economics or finance.
- 15th Best Paper Award on Gender Economics: This competition invites young economists and researchers from UniCredit's core regions to submit research papers focused on gender economics and education until May 15 2025, with €5,000 awarded to the two best papers.
Academic Collaborations:
- 15th Master Scholarship Program: This program offers eight one-year master's scholarships in economics or finance at top European universities, such as Bocconi University, London School of Economics, and Oxford University, with total funding of €300,000.
- 14th US PhD Giovannini Scholarship: Supporting five two-year PhD scholarships at prestigious U.S. universities, including Harvard, MIT, and Stanford, this initiative provides a total of €325,000 in funding for aspiring scholars.
Employee Initiatives:
- 11th Summer School Scholarships: Offering twenty scholarships for UniCredit employees to attend summer courses in economics, finance, banking, management engineering, political science, law, and related fields at prestigious institutions, such as the Barcelona School of Economics and the London School of Economics and Political Science. The total funding of €70,000 is available, with applications open until March 15, 2025.
All proposals are available on UniCredit Foundation website.
"Education is one of the most powerful tools for self-development and is fundamental to helping people achieve their ambitions. The UniCredit Foundation is proud to be empowering young people by supporting their journeys from school to university and employment, so they can give back to their communities using the skills and knowledge they have acquired. This unprecedented investment of over €4 million in one year alone is enabling the UniCredit Foundation supports the progress of Europe by empowering its next generation, building a better tomorrow for all", said Andrea Orcel, CEO of UniCredit and Chairman of UniCredit Foundation.
By leveraging partnerships with more than 50 esteemed universities and a robust academic network developed over two decades, UniCredit Foundation is dedicated to nurturing Europe's brightest talents. To date, the Foundation has positively impacted over 10,000 young people across the continent, delivering effective solutions to today's educational and social challenges.
Milan, 19 December 12024
Contacts
Media Relations
E mail: mediarelations@unicredit.eu