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Requisition Number:  4544
Position Type:  Scholarship
Position Length: 

Ottawa (Downtown), ON, CA

Closing Date:  October 18th, 2020 23:59 EST

Diversity and Inclusion
As one of Canada’s Top 100 Employers, we offer you a superior work environment that allows you to reach your full potential both professionally and personally. We make career growth and professional development a priority. We are committed to developing inclusive, barrier-free recruitment and selection processes, and a work environment that supports our diverse workforce.

Let our team know if you need accommodation or support during the recruitment process due to a disability or other reason. We can provide support in multiple ways, from using this site and submitting your application, right through to the interview process. If you are the successful candidate, you can also discuss accommodation needs when you receive your offer.

Contact to discuss how.

Master's Scholarship Award for Women in Economics and Finance

Take a central role

The Bank of Canada values the contributions of women in Economics and Finance and offers a scholarship program supporting women in these specializations. The goals of the Master’s Scholarship Award for Women in Economics and Finance are:

  • Promotes, among women at the undergraduate level, the pursuit of graduate studies in Economics and Finance; and 
  • Proactively contributes to building a gender-balanced talent pool for the Economics and Finance professions in central banking.


Under the Master’s Scholarship Award, up to five women will be granted a scholarship of $10,000 CAD. Students in the final two years of an undergraduate degree, or who have completed an undergraduate degree, are eligible to apply for the scholarship. Successful candidates may be offered summer employment or internship between their years of study, or term employment as a Research Assistant following the completion of their undergraduate degree (for those who choose to gain work experience before undertaking their graduate studies).


In addition to the scholarship and opportunity for employment, recipients will benefit from mentorship by a Bank employee, as well as the possibility to attend a learning event (lecture, conference, networking event, etc.) related to central banking, economics and/or finance at the Bank of Canada.


Recipients may have the option of working at the Bank’s Head Office in Ottawa or at one of the regional offices in Halifax, Montreal, Toronto, Calgary, or Vancouver. 


Application Deadlines and Disbursement of Scholarships
Applications and supporting documents must be received by 23:59 Eastern Time on October 18, 2020. 

The $10,000 CAD is disbursed in one instalment once the recipient shows proof of registration in a Master’s Program in Economics or Finance at a degree granting institution. 


Eligibility Criteria
Students in the final two years of an undergraduate program maintaining an average of 70 per cent or higher, or those who have completed an undergraduate degree with an overall average of 70 per cent or higher, are eligible to apply for this scholarship. Women currently enrolled in a Master’s program in Economics or Finance are not eligible to apply for this scholarship.  


You must also:

  • Be a Canadian citizen or permanent resident; 
  • Self-identify as a woman; 
  • Be planning to pursue a Master’s degree in Economics or Finance;


Application Process
You must submit all the following documentation with your online application:

  • Official transcript of undergraduate academic record to date, or proof of completion of an undergraduate program with official transcript;
  • Current CV/resume;
  • A personal statement (500 words or less) that includes reflections on: 
    • Your reasons for pursuing further education in Economics or Finance. 
    • What you are hoping to gain from the Scholarship and work experience


Additional information

  • Priority will be given to Canadian citizens and permanent residents
  • Security level required: Reliability or Secret 
  • There will be no relocation assistance provided


We strive to make our policies, programs and workplace more inclusive, respectful and barrier-free. We encourage applications from women, Indigenous peoples, veterans, persons with disabilities, members of visible minorities and persons of all races, ethnic origins, religions, abilities, sexual orientations, and gender identities and expressions.


We wish to thank all applicants for their interest and effort in applying for this position. Only candidates selected for interviews will be contacted.