Life Financial support

Ferrero Fellowship

Who can apply?

For 1st year master students in law, economics and finance programmes

When?

Apply at the end of September until 15 Oct 2024

Number of recipients

Variable

  • About

    The Ferrero Fellowship is a talent support programme founded in 2017 as part of a partnership between the Ferrero HQ in Luxembourg and the University of Luxembourg. The Fellowship consists of a stipend and the opportunity to carry out an internship at the company.

    During their second year of study, Fellowship laureates will be given the opportunity to complete an internship at Ferrero HQ in Luxembourg. Internships will be allocated in agreement with the host company and are subject to an internship contract.

    The Ferrero HQ in Luxembourg is home to several business functions of the company and every reasonable effort will be made to assign placements according to the career interests and ambitions of the Fellowship laureates.

  • Level

    Master

  • Field of study

    Law, Economics and Finance

  • Eligibility criteria

    The Ferrero Fellowship is open to students on the following Master programmes:

    • Master in Accounting and Audit
    • Master in Entrepreneurship and Innovation
    • Master in European Law
    • Master in Finance and Economics

    Applicants must be enrolled in the first year of one these Master programmes when they apply for the Fellowship.

  • Number of recipients

    Variable

  • Duration

    Regular duration of study

  • Amount

    The stipend is paid in instalments (€2,700 at the end of each semester) for the regular duration of study. Payment is subject to a performance assessment and may be withheld, for example in the event of academic misconduct, poor results or withdrawal from the Master programme.

    If a selected student does not need accommodation in one of the University’s residences, a sum of €5,400 will be given to the student at the end of each of the two years of the Master programme.

    Detailed terms and conditions are set out in an agreement signed between the selected student, the University of Luxembourg and Ferrero upon selection of the successful applicants.

  • Application procedure

    Applicants must submit an application to ferrerofellowship@uni.lu including:

    • Personal statement/letter of motivation
    • CV
    • Academic record (copies of undergraduate diplomas or other educational certificates)

    Applications for the 2024-2025 academic year will open at the end of September and will close on 15 October 2024 (midnight).

  • Selection procedure

    Shortlisted candidates are invited to interview with a Ferrero selection committee. In addition, their applications will be assessed by the Programme Directors of the respective Master programmes.

    Laureates are chosen based on:

    • Academic achievement
    • Civic engagement, volunteer work or other extracurricular activities
    • Originality of the personal statement and reasons for applying
    • Language skills (English is mandatory, any additional language is an asset)

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