Klaus Liebscher Economic Research Scholarship offers a prestigious opportunity for international researchers eager to pursue postdoctoral research at the Oesterreichische Nationalbank (OeNB) during the 2026-2027 academic year. This scholarship provides selected candidates with a consultancy fee of up to EUR 10,000, enabling them to contribute to OeNB’s extensive economic research projects while gaining valuable professional experience. Established to replace the previous economic research awards, the Klaus Liebscher Economic Research Scholarship is designed to support outstanding economists and finance experts in advancing their academic careers.
The program welcomes applicants from Austria and around the world who hold postdoctoral research experience and have an established record in economics or finance. Eligible candidates must be actively employed at a recognized research institution and demonstrate interest in expanding their research networks and exploring international collaboration opportunities. By participating, scholars can engage with cutting-edge research, broaden their expertise, and make meaningful contributions to the OeNB’s Economic Analysis and Research Department.
Benefits
- Each Scholarship recipient receives a consultancy fee subject to the scope of the consultancy service. The fee must not exceed EUR 10,000 for the entire period of the Scholarship (net of value-added tax). This fee shall satisfy all claims of the scholarship recipient toward the OeNB.
- If the consultancy services are subject to value-added tax, the consultancy fee will be increased by the applicable sales tax rate (currently 20%).
Note: The Scholarship recipient pays for his/her own accommodation during the consultancy period. The OeNB will assist the recipient in finding accommodation in Vienna if possible.
Eligibility Criteria
- Required Language: English.
- Eligible Countries: All world countries
- Eligible candidates must have completed a PhD or hold an equivalent degree and published work and done scientific research in the fields defined in the call for Scholarship applications.
- Applicants can be of any nationality and there is no age limit.
- Only applications submitted by natural persons will be accepted. It is not possible to apply for more than one scholarship under the Klaus Liebscher Economic Research Scholarship program.
- Eligible candidates shall be acknowledged experts with a proven track record in economic research and shall be well integrated in their research community.
- Applicants must provide proof of active employment with a research institution at the time of their application and for the period for which the Scholarship is granted.
- Applicants who have received a Scholarship under the program will not be able to re-apply. Neither shall applications for renewal be accepted.
- Employees of the European Central Bank or other central banks in the European System of Central Banks (ESCB) are not eligible for Scholarships.
How to Apply?
- Prepare the following required documents:
- Motivation letter (mentioning the proposed consultancy period)
- Detailed consultancy proposal
- Description of current research topics and activities
- Academic CV
- Updated list of publications (full or partial)
- Names and contact details of two academic references
- Proof of income (employment contract or similar) from your home institution
- Written confirmation from your home institution ensuring no contract violation
- Compile all documents into one single PDF file.
- Send the PDF application via email to: [email protected]
Frequently Asked Questions (FAQ)
A selection of 10 FAQs covering what the Klaus Liebscher Economic Research Scholarship is, who’s eligible, application details, required documents, deadline (Oct 31, 2025), submission process, purpose, collaboration format, and post-application steps—all based strictly on official OeNB guidance.
What is the Klaus Liebscher Economic Research Scholarship?
This scholarship enables outstanding economics and finance researchers to provide consultancy services and contribute to the OeNB’s Economic Analysis and Research Department’s projects, replacing the earlier internal research awards.
Who is eligible for the Klaus Liebscher Scholarship?
Postdoctoral experts with a proven research record in economics or finance, actively employed at a research institution in Austria or abroad, are eligible to apply and broaden their research horizons and international networks.
What does the Klaus Liebscher Economic Research Scholarship involve academically?
Recipients deliver consultancy services to support the department’s research activities. They engage in policy-relevant research, collaborate with OeNB staff, and may publish outcomes through the department’s channels or working papers.
Can anyone apply for the Klaus Liebscher Economic Research Scholarship?
The program is open to Austrian and international researchers in active employment with a research institution. It excludes central bank staff from the ECB or ESCB system and those who have already received the scholarship.
What is the application deadline for 2025?
Applications must be submitted via email by the end of October 2025, specifically by October 31, 2025, to be considered for the Klaus Liebscher Economic Research Scholarship.
How should applicants submit their materials?
Compile all required documents—including motivation letter, proposal, CV, publication list, references, employment proof, and institutional confirmation—into one single PDF and send via email to the designated address.
What documents are required for application?
Applicants must include a motivation letter stating the consultancy timeframe, a detailed proposal, current research overview, CV, updated publications list, two references, proof of employment income, and institutional consent confirming no conflict.
What’s the aim of this Klaus Liebscher Economic Research Scholarship?
The program aims to bring in expert postdocs to enrich the OeNB’s research through consultancy, enhance international mobility, expand researchers’ networks, and integrate external expertise into the bank’s economic analysis projects.
Does the scholarship involve in-person collaboration?
Yes. Scholars typically contribute onsite to OeNB’s Economic Analysis and Research Department, collaborating with staff, possibly joining internal seminars, and potentially having outputs published in the department’s venues.
What happens after application submission?
After submitting the single PDF by the deadline, applications are reviewed by the OeNB. Successful candidates then collaborate on a prespecified topic, engage in research work within the department, and may see their results published.
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