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Thank you for your interest in the program.

However, the 2007 application for the NBS Graduate Fellowship Program was available August 1 - September 18, 2006 and is now closed.

Please stop back next August to start an application.

Competition is open and merit based. The selection process is as follows:

July
Informational meeting at Bank for potential applicants held.

August
Informational meetings at Bank for potential applicants continue.

September
September 1: Online application open to prospective participants
All application materials due in Belgrade by Monday, October 1

October
Institutional TOEFL testing for all applicants.
Preliminary Selection committee determines semifinalists.
Semifinalists informed of status.
Official TOEFL, GMAT or GRE testing scheduled.

November
Interviews with program representatives in Belgrade.

December
Standardized Tests completed by December 7.

January
Final Selection & Placement Committee determines finalists.
Finalists are informed of status.
Placement of Finalists begins.  

February-April
Placement continues

May
Placement finalized. Participants are informed of their placements.

June
Pre-departure orientation in Belgrade
Scheduling of visa interviews

July
Visa interviews.
Pre-academic study program, if necessary, begins.

August
Academic program begins.