Student receives Vauxhall Finance Award

Maximilian Schulze Wenning, now a second year student in Economics & Finance at Cardiff Business School, has become the second recipient of the Vauxhall Finance Award of Excellence, given by GMAC UK plc.

Maximilian will receive an annual bursary of £1,000 for the two remaining years of his degree with Cardiff Business School and be offered the opportunity to undertake a work placement with GMAC.

On receiving the award, Maximilian said, ‘I could not have been more pleased when I heard I had won the award. As well as the bursary, I am really excited about the experience of working with GMAC. I am expecting it to be really helpful in beginning my career.’

As one of the largest financial services companies in Cardiff, GMAC has a keen interest in helping retain and develop skilled talent in the region. The Vauxhall Finance Award of Excellence seeks to recognise exceptional academic and business potential. The scholarship is awarded annually based on first year exam performance and a brief question-based assessment.

‘Supporting the scholarships of highly regarded Cardiff Business School students represents a perfect collaboration between business and education to further develop the financial sector in Wales,’ said Ed Paulat, managing director of GMAC UK. ‘For us, the award is an important part of our work as a significant employer in South Wales.’

Roy Chandler, professor in accounting at Cardiff Business School said, ‘Cardiff may be a compact city but it is home to an expanding financial business community with real scale and influence. GMAC is very much a part of that growth and the School is pleased to continue our association with the company. Maximilian is a deserving recipient of this award and I have no doubt this will be a valuable experience which will be an enormous benefit to his future career.’

As a key part of the expanding financial business community in Cardiff, GMAC has established excellent relationships with universities and colleges. The Vauxhall Finance Award of Excellence goes alongside other initiatives including the Welsh Financial Services Graduate Scheme, supported by the Welsh European Funding Office and the International Accelerated Development Programme, a GM Financial global trainee programme to develop future managers internally. The organisation is one of only 7% of companies nationwide to be recognized as a gold standard Investor in People.