Each year, the Herbert V. Prochnow Educational Foundation awards GSB scholarships based on admission requirements as determined by the IBA. Each scholarship covers one-third of the annual cost with the institution responsible for the remaining amount of this three year program. Established in 1983 as a supporting organization to the GSB, the foundation supports research in banking education, and sponsors a number of educational programs and activities.
The Wisconsin School of Business’ Center for Professional and Executive Development has partnered with GSB-Wisconsin to provide the prestigious Certificate of Executive Leadership to GSB graduates upon completion of the rigorous program.
Value: $3,900 awarded to two IBA Member recipients
($1,300 per year, applicable to first year students only)
Scholarship applications must be submitted by May 1.
GSB Admission Requirements
- Officers of FDIC-insured banks or savings institutions with five years of banking experience, as well as a four-year college degree or four additional years of relevant experience.
- State and federal financial institution regulatory officials and bank directors with educational background and experience comparable to that required of bank officers.
- Non-officer bank or savings institution employees who are performing officer-level functions will be considered (letter of recommendation from chief executive officer required).
- Professionals from other financial service institutions and from firms providing services to banks with educational and experience backgrounds comparable to that required of bank officers will be considered.