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Funding

Fully Funded

FirstRand Young Talented Leaders Scholarship for Science & Technology

Master's ScholarshipSpain · Madrid

IE Foundation and FirstRand Empowerment Foundation

Application Deadline

Rolling admission

Official Page

The FirstRand Young Talented Leaders Scholarship for Science & Technology was set up in 2024 by IE Foundation and the FirstRand Empowerment Foundation (FREF).

Each academic year it funds one young South African graduate to take a full-time master’s at IE University’s School of Science and Technology, with the aim that they use their skills for positive impact in South Africa after graduating.

Benefits & funding

  • 100% of tuition for the master’s.
  • A living-expenses package on top (amount not published).
  • One award per academic year.
  • Recipients join the IE Foundation Fellows honors community.

Eligibility

  • South African citizens who are also permanent residents of South Africa.
  • Undergraduate studies completed.
  • Admitted to a full-time master’s run by the IE School of Science and Technology — any programme on offer when applying (the 2024–25 list: Business Analytics & Data Science, Financial Technology, Applied Artificial Intelligence, Computer Science & Business Technology).
  • An outstanding academic record and an exceptional academic and personal profile.
  • Shown social commitment to apply the degree towards lasting impact in South Africa.
  • Financial need is preferred, not required.

Can you apply?

Here's who can apply

Decoded from the official rules. A free account checks them against your passport, degree and age in seconds.

  • Eligible nationalities

    South Africa

  • Residence required

    South Africa

  • Education required

    Bachelor

Check my eligibility — free

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We only check the criteria we have data for. Always confirm full eligibility on the official page before applying.

Application process

  1. 1
    Apply through IE Admissions and get admitted to an eligible master’s.
  2. 2
    Apply for the scholarship through the FirstRand International Postgraduate Scholarship portal during the October–February window.
  3. 3
    IE’s selection committee reviews admitted candidates and chooses the one recipient.

Program timeline

  1. application period opens

    October

  2. application period closes

    February

  3. Fall of the same year

    master’s starts

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