The CIMB ASEAN Scholarship 2023 is an opportunity not to be missed for students in the ASEAN region. With a commitment to empowering young talent, CIMB offers this full scholarship to exceptional students, transcending traditional academic disciplines. Our comprehensive guide is here to help you navigate the application process.
The CIMB ASEAN Scholarship is a fully-funded program aimed at outstanding students across the ASEAN region. In recognition of the evolving landscape of the banking industry, CIMB has expanded its sponsorship beyond traditional banking-related degrees to include fields like Computer Science, Data Science, and Psychology.
Why Choose the CIMB Scholarship?
CIMB ASEAN Scholarship covers the following benefits:
- Full scholarship
- This scholarship takes care of all your needs, from tuition fees and laptops to related expenses such as books, visa, and travel. Additionally, it provides allowances for accommodation and living costs.
- World class education
- CIMB scholars have the privilege of attending the world’s finest universities, giving you the advantage of a first-rate education at your disposal.
- Mentorship program
- Benefit from CIMB’s extensive mentorship program, featuring mentors ready to guide you on your path and support you throughout your academic journey.
- Internship & Management Trainee Program
- CIMB offers a chance to engage with vital projects, providing you a comprehensive understanding and exposure to the banking industry through initiatives like The Complete Banker™.
- Guaranteed Employment
- CIMB scholars are bonded with the bank, guaranteeing exciting career opportunities immediately after graduation, ensuring a smooth transition into the workforce.
CIMB ASEAN Scholarship 2023: Are You Eligible?
Eligible applicants must meet the following criteria:
Be a citizen of Malaysia, Indonesia, Singapore, Thailand, Cambodia, Vietnam, or Philippines.
Have an aspiration to pursue a career in the financial and banking industry.
Be at the onset or in the midst of an undergraduate or Master’s program, with at least one full academic year remaining.
Hold a minimum CGPA of 3.25/4.0 score or equivalent.
Not be a recipient of any other scholarship that comes with service bond obligations.
How to Apply for the CIMB ASEAN Scholarship 2023?
Here are the steps to apply for the CIMB ASEAN Scholarship:
STAGE 1: Submit Your Personal Data
All applications will undergo initial screening to ensure the applicant meets the basic eligibility criteria.
STAGE 2: CIMB’s Online Assessments
Shortlisted applicants will be invited to take part in CIMB’s online assessments.
STAGE 3: Participate in the CIMB ASEAN Scholarship Assessment Centre
If you’re successful in the online assessments, you’ll be invited to the CIMB ASEAN Scholarship Assessment Centre.
STAGE 4: Panel Interview
Shortlisted applicants will then participate in a panel interview.
STAGE 5: Final Interview
Finally, shortlisted applicants will undergo a final interview with CIMB Group’s senior management team.
The final selection will primarily be based on adaptability, communication skills, academic track record, participation in extracurricular activities, and creative problem-solving abilities.
CIMB Scholarship Application Period
Application for the scholarship is open from May 26, 2023 to June 11 2023.
For questions, contact
For queries regarding the scholarship, you may email [email protected]
Frequently Asked Questions (FAQs)
CIMB ASEAN Scholarship invites applicants from Malaysia, Indonesia, Singapore, Thailand, Vietnam, Cambodia, and the Philippines. To apply, they need to have an unconditional offer from a top-tier university worldwide or a renowned university in their home country/ASEAN region by the time the scholarship is awarded. Students with a minimum of 1 full academic year left in their program may also apply.
Applicants don’t need to have been accepted by a university to apply. Those expecting acceptance from a top-tier university for their studies are also welcome. However, they must hold an unconditional offer by the time the scholarship is awarded.
The scholarship doesn’t limit itself to students with a finance and banking background. Applicants from various academic disciplines, including business & marketing, economics, sciences & engineering, social sciences, and digital and data-related courses, are encouraged to apply. Still, applicants should envision a career in the financial and banking industry, as they will have to serve a bond upon completion of their study.
Yes. Upon graduation, the scholar will indeed form a bond with CIMB Group. This bond lasts one year for every year of local study (in the candidate’s home country), and two years for every year of study outside the candidate’s home country. However, the bond period will not exceed a maximum of 5 years.
The CIMB ASEAN Scholarship is a full scholarship award covering all academic fees, including registration, examination, and tuition fees, and provides a living allowance. It also covers other miscellaneous expenses related to airfare and visa/travel documents.
Applications for the scholarship will be open from 26 May 2023 to 11 June 2023.
Only shortlisted applicants will be notified via the email address provided in the online application.
All decisions by the selection committee are final, and appeals will not be entertained.
Applications submitted after the stipulated closing date will not be accepted.
If a scholar fails to complete the program or attain the educational qualification, they will be required to repay all expenditure borne by the CIMB Group.
Applicants can use results from country-specific, local, or international pre-university/foundation programs or degrees in their application.
Even if an applicant has family members working in the CIMB Group, they can still apply for the scholarship as long as they satisfy the basic eligibility criteria.