• By The Financial District

DOF Employees Get Foreign Scholarships

The Department of Finance (DOF) under Secretary Carlos Dominguez III has continued to provide opportunities for its employees to further hone their skills and knowledge through various foreign and local scholarships, with the goal of further professionalizing its ranks and improving the delivery of services to the public.

Photo Insert: Seoul National University in South Korea is one of the schools offering foreign scholarships tied up with the Department of Finance.

Under Dominguez, 416 employees of the DOF and its attached agencies were able, or are now, pursuing their masteral or doctoral studies by availing of local scholarship programs, while another 250 were able to study overseas through foreign scholarship grants.


These foreign scholarships include those offered by the National Graduate Institute for Policy Studies in Tokyo, Japan; Seoul National University in South Korea; International Institute of Social Studies in The Netherlands; Australian National University in Canberra, Australia; Harvard Kennedy School of Executive Education, and the Duke Center for International Development in the United States (US); and various universities in the United Kingdom (UK) through the Chevening Scholarship program.


Local scholarships availed by DOF employees include those offered by the Asian Institute of Management (AIM) in Makati City; and the Development Academy of the Philippines (DAP) in Tagaytay and Pasig City, to name a few.


Majority of the scholars sent abroad under both the terms of Dominguez and his immediate predecessor, Secretary Cesar Purisima, came from the Land Bank of the Philippines (LandBank).


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

A total of 352 local scholars and 168 foreign scholarship recipients were from LandBank under Dominguez, while Purisima’s term had 169 local and 198 foreign scholars from LandBank.


In the DOF, 14 employees were able to secure local scholarships, while 23 became foreign scholars so far under Dominguez. Fifteen DOF employees availed of local scholarships and 14 got foreign scholarships under Purisima.


Entrepreneurship: Business woman smiling, working and reading from mobile phone In front of laptop in the financial district.

The Securities and Exchange Commission (SEC) sent 20 employees abroad on foreign scholarships, while one availed of a local scholarship grant, under Dominguez. Three SEC employees became foreign scholars under Purisima, while no one availed of local scholarships.


Banking & finance: Business man in suit and tie working on his laptop and holding his mobile phone in the office located in the financial district.

From the Development Bank of the Philippines (DBP), there were 20 local and 15 foreign scholars under Dominguez, and 15 local and 9 foreign scholars under Purisima. Under Dominguez, the Bureau of the Treasury (BTr) sent 12 employees abroad as foreign scholars and another 12 received local scholarships. There were 8 local and 1 foreign scholar from BTr under Purisima.



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