Research Scholarship in Derivative Instruments

Are you conducting an innovative research project on a problem related to derivatives? Are you interested in current issues, such as fintech, cryptocurrencies, NFTs, sustainable finance, ESG factors, big data analytics, etc.? Apply now and you could receive a scholarship for research in derivatives in an amount of up to $25,000. The application deadline is Tuesday, May 31, 2022, at 5:00 p.m. (ET).

Eligibility requirements

  1. Be enrolled full-time in a PhD program at a Canadian university in finance, mathematics, economics, financial engineering, accounting, actuarial science or any other related discipline.
  2. Conduct a research project on derivatives, exchange-traded products, or another topic related to the activities of the Montréal Exchange.

Application file

  • Duly completed registration form
  • Outline of the research project (2,000 words maximum)
  • Letter of motivation (one page maximum)
  • Curriculum vitae
  • Official transcript of your entire university career
  • Proof of full-time enrollment in a PhD program
  • Two letters of recommendation. One of the letters must be signed by your thesis supervisor or the chair of the thesis committee and the second can be from a professor or employer.

Selection criteria

  1. A comprehensive plan for the research project that describes:
    1. The applicant's motivation in completing the research project within a predetermined and realistic timeframe and objectives;
    2. The relevance of the research project to both financial markets in general and, ideally, exchange-traded derivatives markets;
    3. The contribution that will be made by the research project, set in terms of previous studies;
    4. The research methodology employed (theoretical or empirical), including the steps to be followed, the data that will be considered, and the timeframe for completing each step;
    5. How use of the scholarship amount will help the project (e.g., purchase of data, relief from responsibilities, living expenses).
  2. Innovation and enthusiasm for the chosen subject
  3. Leadership and initiative in academic or professional activities
  4. Superior academic performance

Selection committee and awarding of the scholarship

  • Corey Garriott, Head of Product Research, Montréal Exchange
  • Julie Rochette, Vice-President and Chief Regulatory Officer, Montréal Exchange
  • Maher Kooli, Professor of Finance, ÉSG-UQÀM
  • Sylvain Perreault, Vice-President, Advisory Services, Desjardins Group

The selection committee will evaluate and rank applications on the basis of merit. A scholarship will be offered based on the quality of the application. The selection committee reserves the right to modify the offer. Applicants are not bound to exclusivity with the Montréal Exchange and may receive additional scholarships.

Questions? Contact us.