Maurizio Beretta, Chairman of the UniCredit Foundation, commented: “Despite the current challenging period, which has required great efforts in facing the global pandemic, the UniCredit Foundation continues its commitment to support study and research in the fields of economics and finance with several competitive calls as well as increasing the total number of scholarships available. These calls allow the Foundation to support the most deserving students in furthering their studies abroad by financing relevant PhD courses, Master’s degrees and short stays, as well as to promote research, talent development, and do our part to attract the best brains back to Europe.”

The scholarships and fellowships offered include:

• 3 Marco Fanno and 2 Crivelli Europe scholarships for students in economics or finance who wish to take PhD courses abroad starting from the 2022-2023 academic year. These scholarships are annual and renewable for a second year. The gross annual amount of each scholarship is 32,500 euros.
• 4 Modigliani Research Grants awarded to the best research projects in economics and finance in the gross amount of 10,000 euros per year for two years with the main objective to support research in Europe by strengthening collaboration among universities
• 3 Foscolo Europe Top-Up fellowships offered, for the seventh time, to the three best economics or finance departments, or research institutes in the PhD job market in 2021/2022. The main objective of this call is to attract and retain outstanding young economists across Europe who are conducting their research abroad. The Foundation will pay a gross annual contribution of 50,000 euros to the winning research departments to supplement the remuneration offered to their selected candidate. The fellowship will start on 1 October 2022 and run for three years.

The list of grants also includes the launch of 10 Study Abroad Exchange Programme competitions, this year in its eleventh edition, allowing to spend a study period of three to six months abroad at any university within UniCredit's perimeter. Furthermore, 5 Economics Job Market Best Paper Awards are foreseen for PhD candidates and PhD graduates in economics and finance to attend the European Economics Job Market event in Barcelona in December 2021.

Lastly, also this year, in addition to the 3 Marco Fanno Fellowships worth 45,000 euros gross each, the UniCredit Foundation will launch 2 Saccomanni Scholarships for the 2021 edition of 65,000 euros gross each for a period of two years aimed at supporting European students who intend to specialise in finance, international economics or monetary policy.

For further information, please see the UniCredit Foundation website.