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CFA Scholarship: Personal statement

Updated: Mar 20

CFA Access scholarship as well as Women scholarship require you to write a personal statement as a part of the application process. This is the most crucial part which can be the deciding factor for your selection. A well-written personal statement can immensely increase the probability of you getting the scholarship awarded.






Key deciding factors

The CFA Institute/society shall diligently assess your personal statement to determine your eligibility for the scholarship on the basis of a number of factors.

While financial need will be strongly considered, awards may be based on a combination of factors, including:

  • financial need;

  • the academic, professional or other accomplishments of the candidate;

  • obstacles overcome by the candidate;

  • contributions to the local community;

  • the candidate’s interest in pursuing the CFA charter;

  • and other personal characteristics

All these factors shall indicate that the individual is a strong candidate to receive the scholarship and become a CFA charter holder. Do mention all the achievements that make you appear a deserving candidate for the CFA scholarship.


How to write the Personal Statement

I am sharing below a draft essay that can be used by you as a skeleton to script your own personal statement. An attempt to include all the key deciding factor discussed above have been sincerely made.



CFA Scholarship Personal Statement - Outline


Dear Sir/Madam,


Greetings for the day.


I am -------------------, a Graduate in Commerce from ------------- University residing at -----------------------. Currently, I am working as an intern under a financial advisory firm dealing with greenfield project finance, working capital finance, loan restructuring schemes and work of similar nature.

The reason why I am applying for this scholarship is......


Read more here.



Final advice

The essay has been carefully drafted keeping in mind all the key factors. You can use it to save a lot of time and effort. It also complies with the additional information as required by the CFA Society.


Just make the necessary changes applicable to you such as your Name, University etc. and you are good to submit in no time.


In the end, if this post was of any help to you, do share with others in need of it.


Should you have any queries, feel free to leave a comment.


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