Over 1.6 million euros to support research in the field of economics and finance as well as overall student mobility
UniCredit Foundation has awarded more than 100 students and researchers and three departments of economics, who submitted winning scholarship applications in 2018. The total amount of scholarships awarded this year exceeds 1.6 million euros, an increase of more than 60 per cent compared to 2017, both in terms of students awarded and resources distributed.
The winners are students in economics and finance, enrolled at universities and research institutes operating in the different countries where UniCredit is present.
The awards, launched by the Foundation in 2018, cover several areas, including support for study abroad and for student mobility. For example, the Crivelli and Marco Fanno Scholarships are aimed at supporting doctoral studies at foreign universities of excellence (5 scholarships of 65,000 euros per PhD at Harvard, MIT, Stanford, Princeton, Chicago).
In addition, the Foundation continues its project of brining talent home in the countries in which it operates. In 2018, more than 500,000 euros were invested in this:
- The scholarship applications are aimed directly at university departments committed to attracting talent from abroad, such as the fourth edition of the Top-up Fellowship Foscolo Europe competition, which was won in 2018 by the CSEF (Center for Studies in Economics and Finance) of the Federico II University of Naples and the Department of Economics of the Ca' Foscari University of Venice;
- and the new "Marco Fanno Fellowship" launched in 2018 and won by the Department of Economics of the University of Bologna.
The two researchers who will return this year thanks to the Top-Up fellowship are: Elia Sartori, with a degree from Bocconi and a PhD from Princeton, who will return to Italy and attend the Federico II of Naples - CSEF, and Marco Di Cataldo, who has a degree from the University of Bologna and PhD from LSE, and will return to Italy to attend Ca' Foscari.
The awards ceremony held at the UniCredit Tower in Milan was introduced by Maurizio Beretta, President of UniCredit Foundation and Giorgio Barba Navaretti, President of the Scholarship Association Marco Fanno. Professor Francesco Giavazzi of Bocconi University who holds a lectio magistralis on the theme "Austerity: When It Works and When It Doesn't" also attended the event.