Applications are now open for the 2025 FINCAD Women in Finance Scholarship, offering $20,000 in funding to support outstanding women pursuing graduate studies in finance.
About the Scholarship:
Established in 2014, this annual scholarship—now under Numerix following the 2023 acquisition of FINCAD—is designed to empower women in finance, especially in areas such as asset management, market risk, and derivatives within capital markets.
Host Institution: FINCAD (Numerix), Canada
Study Destinations: USA, Canada, UK, Europe, Asia, Australia, Africa
Level: Master’s and PhD
Eligible Applicants: Female candidates from all countries
Award Amount: $20,000
Application Deadline: May 30, 2025
Scholarship Benefits:
$20,000 award to support graduate finance studies
50% paid directly to the recipient
50% paid to the institution for tuition support
Volunteer opportunities through FINCAD HOPE with two paid days off annually
Eligibility Criteria:
Must be a woman enrolled full-time in a Master’s or PhD finance program
Program must start between Jan 1, 2025, and Feb 1, 2026
Fewer than 10 years of total work experience
Less than 5 years of professional finance experience
Studying at an accredited institution
How to Apply (Step-by-Step):
1. Visit the official FINCAD Women in Finance Scholarship portal.
2. Sign up and log in to the application portal.
3. Complete the application form and upload all required documents.
4. Submit your application before the May 30 deadline.