Search
Students - Undergrad Scholarships

Undergraduate Finance & Economics Awards

Overview
This award recognizes third- and fourth- year undergraduate finance or economic students in Ontario who have demonstrated excellence in academics and extracurricular activities. Applicants submit their resume, unofficial transcript, and 500 word essay for to be considered for one of our three awards. No prior knowledge or experience with the CFA designation is required but being enrolled in the CFA Program will be considered a plus. Learn more about the CFA Program's new eligibility requirements


Awards
First Place $3,000 CAD, Second Place $2,000 CAD, Third Place $1,000 CAD.

Prize money can be used at the winners’ discretion. In addition to receiving a monetary prize, winners will also be recognized at the CFA Society Toronto Annual Awards Reception, acknowledged in The Analyst publication, our website and social media channels.

Please note, this award is tax deductible and we are required to collect the necessary documents in order to process payment.


Eligibility

To be eligible for this award, applicants must meet the following criteria:

  • Currently enrolled in a third- or fourth-year finance or economics program at an Ontario university or college
  • Possesses a minimum 3.0 GPA (or equivalent)
  • Is able to submit an application in English
  • Hasn’t previously won an Undergraduate Award 

Submission Materials & Requirements

All applicants must include the following submission materials in their application: 

  • Application form
  • Current resume 
  • Full unofficial transcript of the applicant’s first- and second-year grades for third year applicants and first, second, and third-year grades for fourth year applicants
  • 500 word essay on why they should be selected for this award
Please note, it is the applicant’s responsibility to ensure all application materials have been submitted by the deadline date. Incomplete applications will not be accepted. CFA Society Toronto reserves the right not to grant an award in a given year.


Judging Criteria

All submitted materials will be reviewed by a panel of industry professionals selected by CFA Society Toronto. Each applicant will be evaluated based on the following five criteria, weighted as follows:

  • Academic Standing (15%) - Current academic standing
  • CFA Program Interest (15%) - Interest in the CFA Program and current candidate status
  • Work and Volunteer Experience (20%) - Relevant experience in finance/investment, active involvement in finance/investment clubs on campus or relevant extracurricular activities
  • Motivation (30%) - 500-word essay on why you want to be selected as an award recipient. How will the award support your academic, professional, or personal growth.
  • Communication (20%) - Quality of written application


Timeline

  • September - November: Application submissions
  • End of November: Applications reviewed. CFA Society Toronto will reach out to finalists.
  • December: Interviews with finalists. Award winners confirmed.

Applications are open!

Third-year application
Fourth-year application

Please note, if you have previously received an award you are ineligible to re-apply and your application will not be considered.

Current & Past Winners

2024-2025 Undergraduate Finance & Economics Award Winners

Third-Year Award Recipients

  • 1st Place: Ravneet SehmbiQueen’s University
  • 2nd Place: Jane JiaQueen’s University
  • 3rd Place: Harper Zhang, University of Waterloo

Fourth-Year Award Recipients

  • 1st Place: Alyssa Choi, Ivey Business School at Western University
  • 2nd Place: Joseph Xie, Queen’s University
  • 3rd Place: Ronis Goel, University of Waterloo

Learn more about this year's winners!