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About the Women in Finance Scholarship (FINCAD) 2024
The FINCAD Women in Finance Scholarships application is now open to all qualified female candidates around the world. This scholarship is designed to empower and assist talented women in the finance industry, especially those who are pursuing careers in financial asset management, market risk management, and derivatives finance within the capital markets.
Originally established in 2014 as the FINCAD Women in Finance Scholarship, this initiative has continued after the acquisition of FINCAD by Numerix in 2023. Numerix, the parent company based in Vancouver, Canada, is dedicated to helping its clients succeed by simplifying derivatives finance. They provide essential analytics to assist in managing and supporting exposures, determining fair values, and appropriately sizing trades. This scholarship serves as a testament to their commitment to fostering diversity and excellence in the finance sector.
The FINCAD Women in Finance Scholarships aim to provide financial support and mentorship to promising female professionals who are seeking to make an impact in the finance industry. With a focus on promoting gender diversity and inclusion, the program seeks to address the underrepresentation of women in key finance-related roles. By offering this scholarship, FINCAD and Numerix hope to encourage more women to pursue careers in financial asset management, market risk management, and derivatives finance within the capital markets, ultimately contributing to a more balanced and diverse financial industry.
The program is open to applications from female candidates worldwide who have a strong academic background, a passion for finance, and a clear vision for their future in the industry. Successful applicants will receive financial assistance to support their education and career development, as well as access to valuable mentorship and networking opportunities within the finance sector. This holistic approach aims to empower women in finance and provide them with the resources and support they need to excel in their careers.
As part of their commitment to advancing diversity and excellence in finance, the FINCAD Women in Finance Scholarships also seek to raise awareness about the importance of gender balance in the industry. Through outreach and engagement efforts, the program aims to inspire and motivate more women to pursue opportunities in finance and contribute their unique perspectives and skills to the field. By highlighting past scholarship recipients’ achievements and showcasing their work’s impact, the program strives to create a ripple effect that encourages more women to pursue careers in finance and challenge traditional gender norms in the industry.
The legacy of the FINCAD Women in Finance Scholarships, which originated in 2014 and continues under Numerix’s stewardship, exemplifies a long-standing commitment to supporting women in finance. By leveraging the resources and expertise of Numerix, the program aims to expand its reach and impact, reaching even more talented women and providing them with the support and opportunities they need to thrive in the finance industry. Through ongoing collaboration with academic institutions, industry partners, and finance professionals, the program seeks to create a robust ecosystem that fosters the success of women in finance and promotes a more inclusive and diverse future for the industry.
Eligibility Criteria
To qualify for the scholarship, you need to fulfill the following requirements:
- Be enrolled full-time in a Master’s or PhD program in finance
- Have commenced your studies no earlier than January 1, 2024, or no later than February 1, 2025
- Possess less than five years of professional experience in the financial industry and less than ten years of overall work experience.
- Be a female citizen of any nation enrolled in an accredited university’s post-graduate finance program.
Benefits of the Women in Finance Scholarship (FINCAD)
The scholarship award offers a generous amount of US$20,000 to assist with the pursuit of graduate-level studies in the field of Finance. Upon winning, 50% of the award will be disbursed directly to the recipient, while the remaining 50% will be paid to the educational institution to provide direct support for tuition expenses. Additionally, at FINCAD, all employees, known as FINCADians, are granted two paid days off per calendar year to engage in volunteer work.
Furthermore, FINCAD HOPE takes the initiative to thoroughly research and identify suitable organizations and projects for volunteer work. The organization then matches the talents and skills of employees within the company to recruit volunteers, ensuring that their efforts are effectively utilized for meaningful and impactful projects.
How To Apply
To access the FINCAD Scholarship website, please click the button provided below. Once on the website, you can proceed to apply by using the Scholarship Application Portal. If this is your first time applying, you will need to sign up before you can proceed to log in and submit your application.
See also:
Emerging Global Leader Scholarship 2025 At American University
The University Of East Anglia Scholarships for Nigerian Students
