CSIRF PhD Scholarships are available to full-time students enrolled in an approved graduate program leading to a doctoral degree at a Canadian university. At the time of application, the student’s dissertation proposal must have been approved; the scholarship funds specific, well-drawn projects exploring research relevant to the financial marketplace.

Successful applicants will receive a scholarship of $25,000 in support of the completion of their approved dissertation. The award exists to support practical research and innovation at the doctoral candidate level.

The next deadline to apply for CSIRF funding is:

June 13, 2024


  • Ph.D. Scholarship recipients must be at a Canadian University.
  • Applicant must be a Canadian citizen, landed immigrant, or posess a valid student visa.
  • Scope of the approved research project cannot be amended, after receiving the award.
  • With university approval, the student may change to another discipline or approved program during the tenure of the award.
  • Research Grant recipients must have at least one of the principal researchers at a Canadian university.
  • Applicant may apply for one scholarship over two consecutive terms, at the time of application.
  • If the student withdraws, transfers to part-time status, or fails to complete a term, he or she may be required to repay all or a portion of the award.


A selection committee made up of three to five Foundation board-appointed members will review all applications. In keeping with the mandate of the CSIRF, the committee will include individuals with expertise from academia as well as the capital markets business community.

Factors which will be considered by the Selection Committee may include:

  • Academic achievement
  • Evidence of other research
  • Applicant displays good understanding of purpose and relevance of outcome to current economic or social issues
  • Demonstrated commitment to excellence
  • Demonstrated support by university


Notification and Disbursement of Funds

Successful applicants will be notified after September.

The first payment of 50% of the award will be paid to the successful applicant’s university, at a date agreed upon with the university.

It is the Foundation’s policy not to pay an administration fee or overhead expense to the respective university on the awards we grant.

Agreement (including Declaration and Signatures)

Awards will be made by way of an agreement between the university, the student, and the CSI Research Foundation.

Student Obligations

Students are required to pursue the course of study outlined in the application form in accordance with the university they are attending.

Students are required to provide progress reports every 6 months.

Suspension and Termination

The Foundation may suspend an award in such circumstances as: illness, parental leave, compassionate leave. In such an event where suspension is granted, an agreement will be reached between the student, the Foundation and the university regarding recommencement of study and scholarship payment.

The Foundation may terminate an award in such circumstances as:

  • Student does not comply with the conditions.
  • Student fails to pursue the agreed program of study and/or research.
  • The university Is not satisfied that the student is able to carry out the agreed course of study of research.

The Foundation accepts no liability for the manner in which work in connection with the research is undertaken. The student is responsible for their work and its consequences.

Intellectual Property Rights

The Foundation will make no claim to ownership or control of any intellectual property arising from, or in association with the program of research undertaken.

It is the responsibility of the university, attended by the student, to negotiate any necessary agreement regarding intellectual property.

Reporting, Dissemination and Acknowledgement

Progress reports approved by their supervisor must be submitted by the student every six months.

The Foundation retains the right to publish the recipients’ names and nature of research in all activities and/or published material it may prepare.

Contact Us

You may contact the Canadian Securities Institute Research Foundation at:

200 Wellington Street West, 15th Floor
Toronto, Ontario
M5V 3C7

Email the Executive Director of the Canadian Securities Institute Research Foundation, Heather-Anne Irwin: