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SCHOLARSHIPS | Nafasi za udhamini wa Masomo kutoka Benki kuu ya Tanzania | Scholarship Fund Opportunities at The Mwalimu Julius Nyerere Memorial
SCHOLARSHIPS | Nafasi za udhamini wa Masomo kutoka Benki kuu ya Tanzania | Bank of Tanzania (BOT) | Scholarship Fund Opportunities at The Mwalimu Julius Nyerere Memorial | Deadline: 23rd August, 2019
Due to increasing evidence of the negative effects of inflation in recent years, there has emerged a growing consensus throughout the world that a monetary policy geared towards the pursuit of Price Stability, in the longer term, is the Central Bank’s most significant contribution to achieving maximum growth for a nation’s economic prosperity.
Furthermore, experience suggests one important rule: a Central Bank with too many things to do is likely to find itself doing none of them well. This is exactly what happened with the Bank of Tanzania, which did not succeed in achieving its multiple-policy objectives. This international consensus is also reflected in the Bank of Tanzania Act, 2006 and its predecessor Bank of Tanzania Act, 1995, in which, as compared to the Bank of Tanzania Act, 1965, there has been a move away from multiple-policy objectives to a single-policy objective, i.e., Price Stability.
SCHOLARSHIPS The Fund provides Scholarships to six students annually as follows: – a) Two scholarships to best female Tanzanian students to pursue undergraduate studies in Mathematics and Science in Tanzania’s accredited universities; b) One scholarship to a male to student and one scholarship to a female student who are Tanzanians best performers to pursue undergraduate studies in Economics, Information Technology, Accounting and Finance; and c) Two scholarships to students intending to pursue Master’s programmes in Economics, Information Technology, Accounting, Mathematics and Finance.
The Scholarships are granted on academic merit and based on a rigorous selection process. Successful applicants are granted full scholarship which covers all university direct cost for tuition fees and student direct costs (meal, accommodation, book and stationery allowance, field practical training, special faculty requirement) as specified in the respective institutions’ costs structure as well as one laptop computer.