You have a passion for finance and a talent for numbers. You dream of a successful career as a leader in the financial industry. While the field of finance has historically been male-dominated, the tide is turning. More women than ever before are entering and excelling in finance.
To support and encourage talented female students pursuing finance-related degrees, FINCAD offers the annual Women in Finance Scholarship. This scholarship provides financial assistance to help women open doors of opportunity in finance. Recipients also gain access to a network of successful women in finance and exposure to career opportunities.
The FINCAD Women in Finance Scholarship is a chance to showcase your abilities and drive to succeed. It provides funding to help you achieve your dreams and the chance to connect with inspiring role models. If you are a female student studying finance, accounting, business, or a related field, this prestigious scholarship can help accelerate your career. Apply today for this opportunity to be recognized for your talent, receive financial support, and join a community of women blazing trails in finance.
Overview of the FINCAD Women in Finance Scholarship
The FINCAD Women in Finance Scholarship program provides financial support and career development opportunities for women pursuing finance, financial mathematics, financial engineering, or financial technology degrees and designations.
To be eligible, applicants must:
- Identify as female
- Be enrolled in an undergraduate or graduate program in finance, financial mathematics, financial engineering, financial technology, or a related field at an accredited university
- Maintain a minimum 3.0 GPA (or equivalent)
Two (2) scholarships of $5,000 CAD each will be awarded annually. Recipients will also receive a paid internship at FINCAD’s head office and mentorship from senior leaders.
The application period is open annually from December 1 to February 15. Interested women should submit an online application which includes:
- An essay (maximum 500 words) discussing their passion for finance and how the scholarship will support their academic and career goals.
- An up-to-date resume
- Undergraduate and graduate transcripts (unofficial copies accepted)
- Two letters of reference (at least one from a university professor)
FINCAD is committed to supporting and empowering women in the financial industry. The FINCAD Women in Finance Scholarship aims to encourage and enable talented, ambitious women to pursue and advance careers in finance. By providing women role models, mentorship, work experience, and financial support, we hope to make the field of finance more accessible and appealing to women.
Eligibility Requirements for the FINCAD Women in Finance Scholarship
To be eligible for the FINCAD Women in Finance Scholarship, applicants must meet the following requirements:
Academic Status
Applicants must be either:
- Enrolled in an undergraduate or graduate degree program in finance, mathematics, engineering, business, or a related field at an accredited college or university.
- Accepted into an undergraduate or graduate degree program in one of the fields listed above at an accredited college or university.
GPA Requirements
Applicants must have a minimum cumulative grade point average of 3.0 on a 4.0 scale or equivalent.
Area of Study
Applicants must be pursuing a degree in finance, financial engineering, mathematics, engineering, business, or a related field. Preference will be given to applicants pursuing degrees in quantitative finance and financial engineering.
Residency
There are no residency requirements for the FINCAD Women in Finance Scholarship. Applicants of any nationality and residence are welcome to apply.
Additional Requirements
To be considered for the scholarship, applicants must also submit:
- A completed scholarship application form.
- Official transcripts from all colleges and universities attended.
- Two letters of recommendation from professors or academic advisors.
- A personal essay of 500 to 1,000 words describing their academic and career goals.
Meeting these eligibility criteria is necessary to qualify for the FINCAD Women in Finance Scholarship. Applicants who do not meet the requirements will not be considered.
How to Apply for the FINCAD Women in Finance Scholarship
To apply for the FINCAD Women in Finance Scholarship, follow these steps:
Eligibility
To be eligible for the FINCAD Women in Finance Scholarship, you must:
- Identify as a woman
- Be enrolled in an accredited university in a finance, financial engineering, mathematics, engineering, economics or a related field of study
- Have a minimum 3.0 GPA
Application Requirements
To apply, you will need to submit the following:
- A resume highlighting any relevant coursework, skills, and experience
- An unofficial transcript from your current university showing your relevant courses and GPA
- A 500 to 750 word essay on why you are interested in the field of financial engineering or quantitative finance and how you plan to contribute to the advancement of women in this industry after you graduate
- Two letters of recommendation from professors who can speak to your abilities and potential in your field of study
- A headshot (optional)
How to Submit Your Application
- Gather all required application materials – resume, transcript, essay, letters of recommendation, headshot (optional)
- Visit FINCAD’s scholarship website and click “Apply Now” under the Women in Finance Scholarship to start your application
- Complete the online application which will ask for your biographical information, contact details, and details on your program of study
- Upload all required application materials
- Review and submit your application. Your application and supporting documents must be submitted by the deadline of May 30.
If selected as a finalist, you may proceed to an interview with FINCAD. The scholarship recipient will be awarded $5,000 USD to be used for tuition and fees.
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Conclusion
As a recipient of the FINCAD Women in Finance Scholarship, you have a unique opportunity before you. You can leverage this support to build an impactful career and become an inspiration to others. While the path will not always be easy, stay determined and focused on your goals. Develop a mentorship relationship with leaders at your firm and in the industry. Pay it forward by mentoring other young women entering finance. Together, we can work to close the gender gap in finance through perseverance, excellence, and by lifting each other up. You have the potential to be a pioneer and change maker. Make the most of this scholarship and build a career you can look back on with pride, knowing you made a difference. The future of finance depends upon the next generation of leaders. You can help shape that future.