The process aroused significant interest. Following thorough examination of the large number of applications, KPMG and CIM decided to offer the scholarships as follows:

• 1 full scholarship worth € 7.700 to Maria Charalambous, for the postgraduate programme MBA Shipping (14 Months FT/24 Months PT). The programme is available only in Limassol
  
  
• 1 partial scholarship worth € 6.500 to Kyriacos Konstantinou, for the undergraduate programme of the University of West London, BA (Hons) Accounting & Finance. The scholarship covers the first out of the three years duration of the programme. The programme is offered in Nicosia and/or in Limassol

CIM excels in the local academia for over 43 years and is considered to be one of the most prominent educational institutions in the island for management studies. The two programmes are taught in English and are delivered in evening classes. The programmes are accredited by SEKAP/KYSATS. Based on economic criteria, the successful candidates may also receive state sponsorship.

The scholarship offered is part of a series of initiatives implemented by KPMG in Cyprus, which fall under its corporate social responsibility framework. KPMG in Cyprus will continue to be at the forefront of promoting knowledge but also strengthening the synergies between businesses and the research community.