The VW FS Master's Scholarship
Our VW FS Master's Scholarship is your chance to concentrate fully on your studies by providing you with financial support.
In addition, you have the opportunity to gain your first practical experience in our company and build your own network by exchanging experiences with other students and employees.
Requirements and tasks
Requirements:
- Students who have completed a Bachelor's degree (grade of at least 2.5), ideally similar to one of the funded Master's degree programmes and are not yet tied to a company
- Only Master‘s degree programmes with the following specialisations are funded: Data Analytics, Data Science, Taxation, Sustainability, Insurance, Risk Management (as of 2024)
- Start: winter semester
- Scholarship duration: Standard period of study
- The programme applies throughout Germany
Your profile:
- You enjoy scientific work and you prioritise your studies
- Desire to gain practical experience in an international company as part of your possible (mandatory) internship
- Exchange ideas with our employees and expand your business network
- Ideally, you already have some practical experience, through internships, working student activities, activities at the university or voluntary commitments / honorary positions
- You are open-minded, a team player, take responsibility and want to contribute your own ideas
Your tasks:
- Fully concentrate on your studies
- Successful completion of your Master's degree programme
- Take the opportunity to participate in company events
Procedure of our programme:
- Successful completion of the application process
- Regular dialogue with your assigned spokesperson
- Possible (Compulsory) internship at VW FS
- Participation in events, which will mainly take place in Braunschweig (incl. travel budget)
- Permanent employment after successful completion of the Master's degree programme if there is a corresponding job advertisement
What awaits you
Our top benefits for Master's Scholarship
What you can expect in the application process.
Our multi-stage and tailor-made selection process offers you and us the opportunity to get to know each other. Show us your enthusiasm and courage and become part of the Volkswagen Financial Services family.
We are looking forward to receiving your application!
1. Receipt of your application
After you have created an applicant profile and placed your application for your dream training occupation, you will receive a confirmation of receipt by e-mail. This may also appear in your spam folder. If you have not received an e-mail, please check your applicant profile to see whether you have sent your application.
2. Your application will be reviewed
We will check your application thoroughly. This may take some time.
3. An online test is conducted
Now it’s time to put your skills to the test. With the cognitive online test, which takes about 45-60 minutes, upon completion secures your ticket to the next round.
4. We invite you for an interview
We will take the time to get to know you and your skills even better. At the same time, you have the opportunity to ask us all your questions and learn even more about VW FS.
5. We will inform you of our decision
We will inform you of our decision shortly after the interview. We will also discuss the further steps to be taken with you here.
Frequently Asked Questions regarding our Master's scholarship
Do you still have a few questions for us? Here we have compiled the answers to the most frequently asked questions in connection with an application for our scholarship.
How much funding will I receive during the scholarship?
You will receive €500.00 per month.
Will I get a job after my studies?
If we have a suitable position available after you have successfully completed your Master's programme, we will consider you first in our selection process.
Where do our on-campus activities take place?
Our events mainly take place in Braunschweig.
For how many semesters will I receive the scholarship?
You will receive our scholarship for the standard period of study in the Master's programme, i.e. usually for 4 semesters.
Do I have to be at a specific university?
We do not specify a particular university or college in order to participate in our scholarship programme.
Is it possible to study abroad during the scholarship?
Of course, you can do internships abroad if your degree programme allows it.
Can I do an internship at another company despite my scholarship at VW FS?
Yes, internships at other companies are generally possible.
I am already enrolled in the first semester of a corresponding Master's programme. Can I still apply?
Yes, if you are in the first semester of the relevant Master's programme, you can still apply. However, the study grant only starts in the winter semester.
Which attachments must be included with the application?
A CV and your Bachelor's degree certificate or transcript of records must be included. If you wish, you can also attach a cover letter or other work documents to your application.
How long does it take to register and apply for the position?
None of us want to waste time unnecessarily, which is why an application to us, including registration, takes no longer than 5 minutes.
Will I receive a confirmation of receipt after I have sent the application?
Yes, you will immediately receive an e-mail confirmation as soon as the data has been entered into the system. This may also appear in your spam folder. If you have not received an e-mail, please check your applicant profile to see whether you have sent your application.
Can I change my details later?
Information such as your name, address, telephone number, password or e-mail address can be changed later in an application that has already been submitted. To do so, log in to your applicant profile. You also have the option of withdrawing your application.
Can I exit while creating an application and log back in later?
You can interrupt the application process at any time and complete and send your application later. If you have not yet sent your application, you can access and complete it again at any time via your applicant profile.
What can I do if my password is not accepted?
Please click on the “Forgotten password” field and wait 5-10 minutes. Your password will be reset so you can log in again.
Why is the connection reset if I have not saved for some time?
This procedure serves to protect your personal data in order to prevent unauthorised persons from accessing your data. In order to prevent involuntary disconnection, the data you have entered must therefore be cached on a regular basis. The system always saves your data automatically when you switch from one menu item (e.g., Personal Data) to the next (e.g. School/Training/Study).
What system requirements / internet browsers are supported by the online application?
You need a PC with a common operating system (Windows, Apple Mac OS, most Linux distributions) and one of the following web browsers: Google Chrome, Microsoft Edge, Mozilla Firefox and Safari from Apple. Please use a version currently supported by the developers.
What happens to the data I enter?
The protection of your personal data is very important to us. By using the system, you provide Volkswagen Financial Services AG with your personal data and information. We process and use your data in our online application system exclusively for the purposes necessary to ensure effective and correct processing of the application procedure. Further information can be found under “Data protection” at the bottom of each page of this website.
How does VW FS pursue the topic of diversity?
We value the different talents, skills, and experiences that our employees bring with them. Gender, ethnic background, age, sexual orientation, religion, disability or other characteristics do not matter to us when it comes to opportunities for a successful career. We recognise and promote this diversity as a value. Just like our business areas, our employees are colourful and diverse!