Vancouver, BC, May 2, 2019 – FINCAD, the leading provider of enterprise solutions for multi-asset derivatives and fixed income portfolios, is pleased to announce its 2019 Women in Finance Scholarship contest is now accepting applications. The goal of the scholarship is to acknowledge outstanding women in the field of finance, particularly those pursuing careers in financial asset management, market risk management and derivatives finance within the capital markets.
FINCAD CEO and President, Bob Park, established the scholarship program in 2014. This year he has doubled the award, bringing it to a US$20,000 award opportunity. “Traditionally careers in finance and the capital markets have largely been occupied by men,” Bob commented. “While more women are entering these careers than in the past, there continues to be a gender gap. Particularly in the middle to senior level management finance jobs, there is room for greater gender diversity. With this scholarship, we are hoping to help level this imbalance through giving one qualified woman the necessary financial support to further her education and ultimately attain a rewarding career in the fast-growing field of derivatives finance."
In an interview, the recipient of last year’s Women in Finance scholarship award, Monica Carrasco, stated, “My home country of Bolivia is not a wealthy nation with an abundance of opportunity. I realized early on that dedicating myself to learning and receiving a quality education were factors that would enable me to pursue my dreams and really be anything I wanted to be—despite my humble beginnings.” Once Monica completes her education, she plans to continue her work as a Finance professor. She also aspires to achieve a leadership position in a financial institution based in Bolivia.
FINCAD’s US$20,000 Women in Finance scholarship opportunity is open to women of any age and citizenship. Eligible candidates must be studying finance in a graduate-level program at an accredited institution and must be pursuing or planning to pursue a career in asset management, financial market risk management or derivatives finance. Complete application packages are due on or before June 30, 2019. Further details are available at www.fincad.com/womeninfinance.
FINCAD is the leading provider of valuation and risk solutions for derivative and fixed income portfolios. An industry standard since 1990, our advanced analytics, flexible architecture and patented technology enable better investment and risk management decisions. We are committed to helping our clients solve their toughest challenges, without compromise. Clients include leading global asset managers, hedge funds, insurance companies, pension funds, banks and auditors. For more information, visit www.fincad.com.