Competition for Granting the 2021 Annual Central Bank of Montenegro Award

Pursuant to Articles 4 and 5 of the Rulebook on Granting the Annual Central Bank Award (No. 0102-3480/1 of 27 July 2011, No. 0102-3480/2 of 22 January 2013, No. 0102-3881/1 of 26 April 2018), the Central Bank of Montenegro (CBCG) announces


for Granting the 2021 Annual Central Bank of Montenegro Award

I With the view to encouraging scientific thought and promoting young professionals in Montenegro and on the occasion of celebrating the Central Bank of Montenegro Day, 11 April, the Central Bank of Montenegro (CBCG) grants the award for the best diploma thesis, master’s thesis and doctoral thesis in banking, monetary policy and theory.

II The cash amount for the 2021 Annual Central Bank of Montenegro Award, per categories, shall be as follows:

  1. Diploma Thesis                2,000.00 €
  2. Master’s Thesis                3,000.00 €
  3. Doctoral Thesis                4,000.00 €

III Citizens of Montenegro who defended their diploma thesis, master’s thesis, or doctoral thesis in the previous calendar year at one of the universities, faculties and colleges may compete.

Employees and the members of the CBCG Council may not compete.

IV The theses shall be submitted to the CBCG directly or by regular mail to the following address: Central Bank of Montenegro, Svetog Petra Cetinjskog 6, Podgorica, or in the electronic form to the e-mail address, specifying “For 2021 Annual Award”, no later than 26 February 2021. Theses submitted after the deadline will not be taken into consideration.

The theses shall be submitted in paper and electronic formats (via e-mail to, in Montenegrin or English. In addition to the thesis, the participants shall submit the application (containing their correct address and telephone number), a certified copy of diploma/certificate on the acquired academic degree, Decision on the recognition of diploma (if the thesis was defended in a foreign country), curriculum vitae, and the copy of biometric identity card or citizenship certificate.

V The Commission, appointed by the Decision of the CBCG Governor, will select the best theses.

VI The Commission may decide not to grant the Annual award for a specific category, should the submitted theses do not meet the required criteria.

VII All participants will be notified in writing on the competition results within 60 days following the competition closing date.

No. 13-341-2/2021                                                           Podgorica, 21 January 2021