Specialized Master’s Scholarship In Microfinance Belgium 2022

Discover the Specialized Master’s Scholarship in Microfinance Belgium for the year 2022-2023.

Find all the requirements and conditions to be able to apply for this  scholarship in Belgium .

Indeed, you must meet the requirements requested by the organization to be able to benefit from this scholarship.

Thus, in this scholarship in Belgium for the year 2022, we invite you to discover:

  • Target countries.
  • Target groups.
  • The name of the scholarship.
  • The organization offering this scholarship.
  • The academic year of the scholarship.
  • The country of the scholarship.
  • Target study levels.
  • The study specialties of this scholarship.
  • The amount of the scholarship.
  • The deadline to apply for this scholarship.
  • The description and presentation of the scholarship.
  • How to apply for the scholarship.
  • The link to apply for the scholarship.
  • The official link of the organization offering the scholarship.
  • Other information if it exists.

Indeed, scholarships are the best way to  study abroad .

Moreover, several  universities abroad  offer hundreds of scholarships each year.

This will allow foreign students to study for free  or at reduced rates.

Discover all the information and requirements to apply for this scholarship.

Specialized Master in Microfinance Scholarship Belgium 2022

The organization offering the scholarship:

  • Scholarship Name: ARES Scholarships
  • Organization: Several universities

Scholarship data:

  • Year of scholarship: 2022
  • Country: Belgium
  • Organization: Several universities
  • Level of study: Masters
  • Fellowship Specialty: Microfinance
  • Grant amount: €1,200
  • Deadline to Apply: January 28, 2022

Description of the scholarship:

Every year, several  Belgian universities  offer hundreds of  scholarships to study in Belgium  for foreign students.

Indeed, to  study abroad , it is best to first check the availability of  new scholarships in Belgium .

Moreover, getting a scholarship in Belgium is the best way to finance your  higher education in Belgium .

Thus, in this article, we present to you the Specialized Master’s Scholarship in Microfinance in Belgium for the year 2022.

This scholarship is open to international students preparing a specialized Master’s degree and awarded on the basis of demonstrated academic merit.

Indeed, this foundation offers  undergraduate scholarships  and  master’s scholarships for  foreign students.

National of an ARES partner country? Do you have a graduate degree?

Do you have professional experience and want to deepen your skills in a theme related to development?

ARES scholarships offer you the possibility of following a one-year bachelor’s or master’s degree or continuing education between 2 and 6 months in an establishment of the Wallonia-Brussels Federation in Belgium.

Each year, ARES grants an average of 130 scholarships within the framework of bachelor’s degrees within the framework of continuing education to nationals of its partner countries.

Presentation of the scholarship

The Microfinance Specialized Master was launched in 2005 to meet a growing demand for training in development professions, particularly in microfinance.

Currently, the Microfinance Specialized Master is jointly organized by three European universities (Free University of Brussels, University of Mons and University of Paris-Dauphine) and four non-governmental organizations ADA, BRS, CERISE and SOS Faim.

The objective of the program is to train microfinance professionals from both the North and the South and to contribute to the strengthening of microfinance institutions in the world in accordance with the highest international standards.

The EMP offers a multidisciplinary approach to development issues in the microfinance sector.

The program combines solid theoretical foundations, practical knowledge and an internship in the field.

Admission is granted by the management committee of the European microfinance program on the basis of a commission for the evaluation of candidates.

Candidates for the one-year program must already hold a Master’s degree – 300 ECTS – (or a diploma considered equivalent by the jury) in one of the following disciplines: development cooperation, economics, agronomy, management or finance.

Eventually, other qualifications may be accepted.

Applicants should have field experience in developing countries.

Fluency in English is required.

The introduction of a scholarship application must be made according to the introduction procedures and meet the admissibility criteria described below.

The selection of scholarship holders is carried out by a selection panel for each course after analysis of their administrative admissibility by ARES.

All files received between the first and the last day of the call will be treated equally.

ARES encourages female candidates, for equal quality, the female candidate will be preferred.

Admissibility criteria

Applying for an ARES scholarship is totally free.

ARES does not charge any fees at any stage of the application or selection process whatsoever.

For the application to be admissible, the candidate must:

  1. Has the nationality, resides and works in one of the countries mentioned above.
  2. Hold a diploma comparable to a Belgian 1st cycle diploma
  3. Evidence of relevant professional occupation
  4. Complete the file in the language in which the training is given and can attest to a good written and spoken knowledge of it.
  5. Apply for one course only.

Selection criteria

The selection phase is carried out by a deliberative jury organized for each course.

ARES grants the selection jury the right to assess the compliance of the files with the common selection criteria described below, taken individually or in combination with each other.

Here are the main selection criteria:

  1. The quality of the academic course
  2. Earnings from previous scholarships
  3. Professional experience
  4. Belonging to a partner institution
  5. The potential capacity of people to be agents of change in their own society
  6. Nationality criteria

Target group of the scholarship:

  • Target Countries: South Africa, Benin, Bolivia, Burkina Faso, Burundi, Cambodia, Cameroon, Cuba, Ecuador, Ethiopia, Haiti, Indonesia, Kenya, Madagascar, Morocco, Mozambique, Nepal, Niger, Uganda, Peru, Philippines, Democratic Republic of Congo, Republic of Guinea (Conakry), Rwanda, Senegal, Tanzania, Tunisia, Vietnam, Zimbabwe.
  • Group: All groups

How to apply for the scholarship?

Before applying for a scholarship, you must first prepare your CV and cover letter.

Indeed, any scholarship file must include these two essential documents.

To help you prepare your CV and cover letter, we suggest that you read these two articles:

The introduction of a scholarship application must be made according to the introduction procedures and meet the admissibility criteria.

Applying for an ARES scholarship is totally free.

ARES does not charge any fees at any stage of the application or selection process whatsoever.

Your application must be submitted to ARES via the GIRAF platform:

  • You must first ensure that you have an active GIRAF account.
  • This account will then be validated by ARES and you will receive a confirmation email to create a password and connect.
  • You can  create an account on the GIRAF platform via this link .
  • Once connected to your GIRAF account, you can access the application form
  • From the moment you click on “Submit my application”, your file is sent to ARES and you can no longer modify it.

To apply for these scholarships, please apply via the link below.

Other Information:

Please note that compliance with the admissibility criteria does not in any way guarantee selection and eligibility for training.

Candidates do not have to obtain admission to one of the French-speaking higher education establishments in Belgium beforehand to be able to apply for ARES scholarships.

Applications must be submitted via GIRAF by January 28, 2022 at 12 p.m. (Belgian time, UTC+1) at the latest.

Applications submitted after this date will not be considered.

All successful and reserve applicants will receive an email upon completion of the selections (June 2022).

Unsuccessful applicants will receive an email by the end of June 2022 at the latest.

No communication other than those mentioned above will be made to the candidates.

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