In the Community - Scholarships

Preparing the Next Generation of Women Professionals
The FWA scholarship programs, funded through the Annual Dinner, benefit young women attending undergraduate and graduate business schools in New York City and support the FWA’s mission to mentor and prepare the next generation of women professionals. The FWA awarded its first scholarships to women enrolled in MBA programs in 1983. Including awards made in 2013, the FWA has awarded a total of $1.35M in scholarships at the graduate and undergraduate levels to 325 outstanding women pursuing careers in business and finance.

At the undergraduate level, students who have completed the FWA High School Mentoring Program at Murry Bergtraum High School with an 80 average are eligible to apply for support to continue their studies at four year accredited colleges and universities.

The FWA funds scholarships for second-year women students in graduate business programs, who will receive their degrees in the spring or summer of the award year. The schools select recipients in accordance with the FWA criterion: a combination of academic achievement and proven leadership predictive of continued involvement in the FWA. Financial need is also considered.

Because the schools select the scholarship recipients, students interested in applying for an FWA Graduate Scholarship should consult the appropriate school office. FWA Graduate Scholars are not required to major in Finance, but their academic focus should have a strong finance component. Preferred majors include but are not restricted to: Finance, International Business/Finance; Finance/Economics; Financial Management; Finance and Accounting; and Economic and Political Development with concentration in Microfinance.

FWA Graduate Scholarships for second-year MBA students are funded at the Zicklin School of Baruch College, Columbia University, Fordham University, and the Stern School of NYU. At Columbia's School of International and Public Affairs, the FWA funds a scholarship for a second-year MIA student specializing in microfinance.

Eric Tripp receives an Honorable MENtion award from FWA President Martha Clark Goss at the 2007 Annual Dinner
The FWA continues to expand the scholarship program, reflecting the generosity of donors and the evolving professional interests of FWA members. In 2002 we awarded the first MBA scholarship honoring the memory of Clarin S. Schwartz, who was a Senior Vice President at Aon Consulting and an active member of the FWA. Interest in microfinance was added in 2004 as a fourth criterion, for scholarships awarded by Columbia’s School of International and Public Affairs (SIPA). An annual scholarship for a graduate student at the Zicklin School of Business, Baruch College, was initiated during the academic year 2005-2006. Thanks to the extraordinary generority of BMO Capital Markets, which honored the FWA with an "Equity through Education"award (2005-2013), we also award scholarships to juniors and seniors at Baruch College.

Need more information?

For more information about the FWA scholarship programs, visit the Scholarship - Undergraduate and Scholarship - Graduate Committee pages.

  Last updated:
  May 13, 2013