CIMB ASEAN Scholarship - STUDENTS

SCHOLARSHIP OVERVIEW

Eligibility

An ASEAN citizen that is 24 years and below, as well as in possession of an offer for undergraduate study from a reputable university.

Application

The CIMB ASEAN Scholarship 2020 application is now open from 16 March - 30 April 2020.

Everyone deserves an opportunity to pursue what they love doing. How many have the option?

At CIMB, we are committed towards helping young talent in need to realise their dreams.

Going beyond financial support, our ASEAN Scholarship programme provides exciting professional development and a mentor support system designed to empower the region's young talent to turn their lives around and make a difference for those around them.

The Scholarship Award:

Career mentoring
Direct access to our friendly team of mentors that coach and support our scholars throughout the programme
Career experience and opportunities
A chance to launch your career with CIMB. Internships and post-graduation employment opportunities included
Full scholarship coverage
Our funding includes our scholars’ tuition fees, living allowances, insurance and other related fees
Global networking opportunities
Immerse yourself in CIMB’s ASEAN culture through our regional events. Network with colleagues from across the globe and speak to senior leaders
CIMB cultural assimilation
Benefit from our integrated development programmes designed to turbocharge your personal and professional skills

Applications for the CIMB ASEAN Scholarship for 2020 is now open from 16 March - 30 April 2020.

Eligibility and Scholarship Coverage

The CIMB ASEAN Scholarship is a highly selective, full scholarship for exceptional undergraduate students from ASEAN countries in which CIMB has a presence. We are looking for individuals fuelled to go beyond the ordinary.

In recognising the evolving nature of the banking industry, CIMB welcomes applicants from a wide variety of academic disciplines. We have previously sponsored applicants studying Computer Science and Engineering, apart from degrees traditionally associated with a career in banking. For example, Accounting, Economics, Law, Finance.

Basic eligibility:

Aged 24 years and below
A citizen of either Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam or Philippines.
Monthly household income of not more than RM15,000 per month (for Malaysian applicants).
Already accepted or expecting acceptance to pursue their undergraduate studies starting in 2020 within any academic discipline at a reputable university. University students with a minimum of 2 more years of undergraduate study are also encouraged to apply.
In possession of an excellent academic track record and active in curricular activities. With the National and Pre-University Exams cancelled due to the Covid-19 outbreak, applicants may now apply using their latest exam or forecast results.
Non-recipients of any other scholarship or grant, with a contractual obligation on the part of the applicant.

Selection Criteria

The assessment process is as follows:

STAGE 1

All applications are screened to ensure that the basic eligibility criteria is fulfilled.

STAGE 2

Shortlisted applicants will be invited to partake in CIMB online assessments.

STAGE 3

Shortlisted applicants will meet with a panel of interviewers.

STAGE 4

Shortlisted applicants will participate in our CIMB ASEAN Scholarship Virtual Assessment.

STAGE 5

Shortlisted applicants will undergo a final interview with CIMB Group’s senior management team.

The selection of suitable candidates for the CIMB ASEAN Scholarship will be based primarily on the following:

The next generation of change-makers.
You must not only be able to adapt easily to change, we want you to embrace it and thrive in a synergistic environment.
A strong ability to communicate your thoughts is key.
Candidates are expected to be able to listen with empathy and communicate with impact.
A strong academic track record and an active participation in extracurricular activities.
We prioritise individuals with robust leadership, team work and interpersonal skills.
The ability to think without the box.
Individuals that can demonstrate creativity and innovativeness in providing solutions and solving real problems.

CIMB Group reserves the right to amend these criteria from time to time.

Watch the entire journey of CIMB ASEAN Scholarship 2019!

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FAQs

Who can apply for the CIMB ASEAN Scholarship?
We welcome applicants from undergraduate students aged 24 and below from Malaysia, Indonesia, Singapore, Thailand, Vietnam, Cambodia and Philippines. Applicants are also required to possess an unconditional offer for their academic studies from a reputable university by the time the scholarship is awarded. Undergraduate students with a minimum of 2 more years of study may also apply.
Do I need to have been accepted by a university to apply?
Not necessarily, we also welcome applicants expecting acceptance from a reputable university for their undergraduate studies. However, applicants must possess an unconditional offer by the time the scholarship is awarded.
Do I need to be a student of Finance and Banking background?
Our scholarship is open to all fields of study, however please note that all scholars are expected to return to CIMB upon completion of study. As such, applicant should foresee themselves building a career in the financial and banking industry.
Will I be bonded with CIMB Group upon graduation?
Yes, you will be bonded with CIMB Group – one year for every year of study locally (candidate’s home country), and two years for every year of study outside the candidate’s home country.
What is the coverage of the CIMB ASEAN Scholarship?
The CIMB ASEAN Scholarship is a full scholarship award covering all academic fees, including registration, examination and tuition fees, as well as book allowance. Other miscellaneous expenses related to accommodation, airfare, visa/travel documents will also be included.
How do I apply?
Applications for CIMB ASEAN Scholarship 2020 is now open from 16 March - 30 April 2020.
How will I know whether I am shortlisted?
Only shortlisted applicants will be notified. If you are shortlisted, we will get in touch with you via the email address provided in your online application. During application, kindly ensure that all contact details provided are accurate.
Can I appeal if I am not shortlisted?
Unfortunately, no. All decisions of the selection committee will be considered final.
I missed the application deadline. Can I submit my application manually?
No. Only applications submitted by the stipulated closing date will be accepted. Any applications made after the deadline will not be considered.
If I do not complete the programme or fail to obtain the undergraduate degree, do I need to repay CIMB Group?
Yes, you will need to reimburse all expenditure borne by CIMB Group.
During my application, will I need to use my results from a specific pre-university programme to apply?
No, we accept results from country-specific, local or international pre-university programmes. With the National and Pre-University Exams cancelled due to the Covid-19 outbreak, applicants may now apply using their latest exam or forecast results.
I have family members working in CIMB Group; can I apply for the scholarship?
Yes, we will accept your application as long as you are able to satisfy our basic eligibility criteria.
If I have enquiries, who can I contact?
We look forward to speaking to you at cimbaseanscholarship@cimb.com!