The AICD’s scholarship program provides promising and emerging directors the opportunity to participate in our world-class courses and develop their director careers.

We welcome applications from both members and non-members and strongly encourage leaders who are looking to develop their skills and capabilities as directors, to apply.

Interested in finding out more? To be notified of upcoming AICD scholarships, please click here.

Women's Board Leadership Program: 'Mastering Board Skills' Program

Applications for the 2022/23 Program are open until Monday 6th June.

This program provides governance training and networking to help women advance their board careers. All women in Victoria with two to five years' experience serving on government or not-for-profit boards or committee of management can apply.

We welcome applicants that reflect the diversity of Victoria's population and encourage Aboriginal women, culturally diverse women, women with a disability, women who live in rural and regional locations and LGBTIQ+ people to apply for the program.

The 2022 program is delivered in partnership between the Australian Institute of Company Directors (AICD) and the Office of Women and will enable up to 19 participants to complete the program.

Please contact if you want more information on the 2022 program.

This program is suitable for Victorian women with to medium- to long-term experience in governance and leadership roles. For information about other leadership programs available for women, please visit Victorian Government women's leadership programs webpage.

Not-for-Profit Scholarships Program

Applications for the 2022/23 Not-for-Profit Scholarships Program are open from Monday, 4 April until Sunday, 1 May 2022.

The AICD is committed to improving society through world-class governance and our Not-for-Profit Scholarships Program is a key component of this commitment. 

Each year the AICD offers scholarships to emerging and current directors of small Not-for-Profit organisations (annual income of $2 million or less) in all states and territories, to help build their governance skills. 

Successful applicants will undertake the highly regarded Governance Foundations for NFP Directors course, which provides a foundational-level understanding of NFP governance, between August 2022 and June 2023. 

How to apply

For further information and to apply online, please visit the website of our facilitating partner, the Australian Scholarships Foundation

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Northern Territory Small Business Financial Fitness Program

The Territory Small Business Financial Fitness Program is part of the Northern Territory Government’s Jobs First Program designed to assist small business and not-for-profit organisations access financial sustainability training programs across the Territory.

The Australian Institute of Company Directors is proud to be working in conjunction with the NT Government to provide the following fully-funded Financial Management program:


This program provides a straightforward introduction to financial statements from the director’s perspective. Participants will explore the three key financial statements: the balance sheet, the income (profit and loss) statement and the cash flow statement; and discover how directors use these statements to monitor financial performance and to assess overall company performance at board level. The course also examines the financial aspects of directors’ statutory duties and non-financial indicators of company performance.

Programs will be conducted face to face and on-line in Darwin, Palmerston and Alice Springs.

Applications are assessed as they are received and places are limited.

How to apply

Click here to apply

Women’s Regional, Rural and Remote Diversity Scholarships

With support from the Department of the Prime Minister and Cabinet’s Office for Women, the AICD is pleased to launch a multi-year scholarship program to support emerging and experienced female directors in regional, rural and remote Australia.

The program will provide opportunities for suitably qualified women from different backgrounds who face additional barriers to education and leadership participation.

We welcome applicants who reflect the diversity of Australia’s population and encourage Aboriginal and Torres Strait Islander women, culturally diverse women, women with disability and those in the not-for-profit sector to apply.

The first round of the program closed in late 2021, and the second and final round is scheduled to open later in 2022.

How to apply

Applications for this program are currently closed.

To be notified of the next round of this program, and other scholarship opportunities from the AICD, please click here to register your interest.