OREANDA-NEWS. July 28, 2010. UniCredit & Universities Knight of Labor Ugo Foscolo Foundation announces the competition for three PhDEuropean scholarships. The scholarships involve obligatory attendance of a PhD program for the academic year 2011/2012 in any country where the Group is present.

Each scholarship is worth € 25,000. It includes travel expenses and health insurance, and are before tax. Appropriately documented university tuition fees will be paid by the Foundation.

To be eligible for the competition, applicants must be:

either citizens of all 22 countries where UniCredit Group is present, with a degree from any European/non-European university (also outside the geographical area of the Group) or citizens of any nationality with a degree from any European university within the geographical area of the Group;

have obtained a degree in the fields of economics, banking or finance, with a final top mark, after 30 September 2008;

must have good knowledge of the foreign language used in the university courses for which the scholarships will be spent;

at least one of the three scholarships will be awarded to a female participant.

Candidates may only apply online using the application available on the Foundation’s website. All the documentation accompanying the application must be submitted exclusively online in PDF format and must be written in English.

All the documents, apart from the certified copy of the degree certificate and the copy of a currently valid identification document, have to be written in English (only the dissertation can be produced alternatively in German or in Italian).

The applications must be delivered no later than October 31, 2010.

The Scientific Committee, appointed by the Foundation’s Board of Directors and composed of seven members among academics expert from the main European countries in economics and finance, will be responsible for the selection procedure and will identify the winners. The Committee may call the candidates for an interview.

The scholarships will be awarded by 31 December 2010.

The winners of the scholarships who attend the course of study with successful results may obtain renewal of the scholarship for the following year of study.

UniCredit reserves the right to offer those awarded the scholarships, while they are still attending the courses or once they have completed them, forms of cooperation with Group companies which take account of their researches.