The Thomas Jefferson Memorial Scholarship can be a pathway to a career at CIMA. The scholarship was established by the Authority in 2007 in memory of the late Thomas Jefferson, former Financial Secretary and Leader of Government Business.
It offers an award of CI$25,000 per year for students pursuing a Bachelor’s or Master’s Degree in Finance, Accounting, Economics or Business Administration.
Recipients are required to work at CIMA during their vacation periods, and on completion of their studies for a period of up to four years.
The most recent scholarship awards were announced in July 2016. The recipients are Kessean Mitto and Ashleigh Powell.
Mr. Mitto is pursuing a Bachelor’s in Economics and Actuarial Science at Illinois State University. He says, “I am so honored and blessed to be awarded CIMA’s Thomas Jefferson Scholarship.” After completion of his studies, Mr. Mitto hopes to pursue a Master’s Degree in Statistics and Economic Modelling and become a 'Fellow Actuary' in the Casualty Actuarial Society. He also added, “I plan to use my degree to facilitate the assessment and management of risk for financial investments, insurance and reinsurance policies, and any other projects involving a measure of uncertainty. I will also be able to research and analyze economic issues, analyze data using mathematical and statistical models and make recommendations for solving economic problems within the Cayman Islands.”
Ms. Powell is pursuing a Bachelor of Business Administration in Cyber Security at the University of Texas at San Antonio. She says, “Firstly, I would like to thank God and my mother for supporting me and giving me the courage and strength to follow my dreams. I would also like to thank CIMA for granting me this scholarship which will enable me to make these dreams come true. The dual purpose of this degree will give me the expertise to play a role in the world of business along with information technology. The need for such a skill set presents and increases itself each and every day. I look forward to returning to the Cayman Islands to work with CIMA's Information Services Division to help protect, and maybe even uplift our reputation as a major international financial centre.”
Ms. James obtained a Master’s degree in Financial Regulation and Compliance from BPP Law School in the United Kingdom. She earned a Bachelor of Laws (Hons) Degree from the University of Liverpool in 2010, and completed the Legal Practice Course with Distinction at BPP Law School in 2011. She says this course will enable her “to understand the impact that more stringent laws, regulations and compliance policies and procedures have on financial industries from an academic perspective.”
Ms. Samson is studying for a Master of Science degree in Enterprise Risk Management (ERM) at the University of the West Indies (Mona). She earned a Bachelor of Business Administration (Cum Laude) from Pace University in 2009. Ms. Samson says, “I would like to commend CIMA for their investment in the development of Cayman’s young professionals. Companies that fulfil their corporate responsibility by providing scholarships will contribute to the development of our country’s human capital. I am honoured to have been selected for such a prestigious award and am grateful to CIMA for believing in me and helping me attain my goals.”
Ms. Whittaker was the first recipient of the Thomas Jefferson
Memorial Scholarship in 2010.
In May 2014, she earned a Bachelor’s of Science degree in Management
from the University of Tampa. She says, “I’m extremely grateful to CIMA for providing me
with this opportunity. The experience was priceless. The knowledge I gained
abroad would not have been possible without this scholarship.”
Ms. Whittaker is currently employed at CIMA as an Analyst in the
Investments and Securities Division.
Applications for the scholarship are now being accepted.
Applicants are required to submit the CIMA Scholarship Application Form along with the other information as specified in the CIMA Scholarship Guidelines.
Once you complete the CIMA Scholarship Application Form, you may scan and email it (along with any other relevant documents) to firstname.lastname@example.org noting your name and scholarship application as the subject, or deliver/mail to:
Chief HR Officer | CIMA | P.O. Box 10052 | Grand Cayman | KY1-1001 | CAYMAN ISLANDS.
Note: Applications received subsequent to the specified application deadline will not be considered but instead placed on file for future reference.