Scholarships

Interested in a career in banking or finance? If so, the RBC Capital Markets Diversity Scholarship might be able to help support your studies. Get full details below.

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The 2020 RBC Capital Markets Diversity Scholarship
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RBC Capital Markets Diversity Scholarship

RBC Capital Markets is committed to fostering a diverse workplace and promoting inclusion to fuel innovation and economic prosperity. Through the Diversity Scholarship, we wish to recognize and reward exceptional undergraduate students who are interested in pursuing a career in banking or finance.

 

  • Up to eight (8) scholarships available
  • Scholarship recipients will receive an offer of paid employment for a 2020 Summer Analyst position at RBC Capital Markets in Toronto
  • Each scholarship is in the amount of C$5,000
  • Scholarship recipients will also be paired with a senior professional from RBC Capital Markets who will provide mentorship and coaching
  • Individuals who identify as any one of the following:
    • Women
    • Visible minorities
    • LGBT+
    • Aboriginal or Indigenous background
    • Veterans
    • Persons with disabilities
  • Students of full-time undergraduate studies graduating in December 2020 or Spring 2021, from an accredited university in Canada
  • Available to work full-time May-August 2020
  • Minimum cumulative 3.5 GPA/80%
  • Diverse extra-curricular participation and community involvement
  • Canadian Citizens, permanent residents of Canada, or individuals who are legally eligible to work in Canada for any employer until, and including, September 2020

Candidates must submit the following:

  • A 300 word personal essay in support of their candidacy, explaining their interest in a career in banking and finance
  • A current, one-page resume
  • Unofficial transcripts of their academic records

We appreciate all student interest and submissions for our scholarships. The review of applications and selection of candidates is a highly competitive process.

Following the deadline, applications will be reviewed by a team of business leaders at RBC Capital Markets. Any shortlisted applicants will then be invited to participate in a telephone or in-person interview at our Toronto office in Summer 2019. (Any pre-approved travel costs will be covered by RBC Capital Markets).

The recipients of both Scholarships will be announced by September 2019 All Scholarship recipients will join the RBC Capital Markets Investment Banking or Global Markets Summer Class of 2020.

Congratulations to the following winners:

Class of 2018

  • Laura Bozzo from Western  University
  • Isabelle Callghan from Queen's University
  • Nicholas Cui from University of Waterloo
  • Elisha Im from University of British Columbia
  • Alina Israilian from Concordia University
  • Christianne Morrison from Western  University
  • Jessica Poletek from Queen's University
  • Grace Tang from Queen's University

Class of 2017

  • Katherine Bancroft from University of Toronto
  • Sheyenne Chapman from Queen’s University
  • Stefana Cosofret from Queen’s University
  • Christy Ma from Queen’s University
  • Catherine McDougall from McGill University
  • Paul Okundaye from Western University

Class of 2016

  • Aza Albogatchiveva from York University
  • Kanak Nagee from Queen’s University
  • Isabela Murillo from Carleton University
  • Meghan Wood from Queen’s University

Class of 2015

  • Jamie Wood from Wilfrid Laurier University
  • Sofia Zhong from Queen’s University
  • Ruhama Quadir from The Schulich School of Business (York University)

The 2020 application period is now open.

Apply Here by Friday, June 21, 2019

RBC Pathways Diversity Scholarship Program

At RBC Capital Markets, we believe in fostering a diverse workplace and promoting inclusion to fuel innovation and economic prosperity. The RBC Pathways Diversity Scholarship Program aims to recognize and reward outstanding undergraduate students who are from traditionally underrepresented backgrounds and are interested in pursuing a full-time career in banking, corporate finance, municipal finance, origination, sales & trading, research or technology through consecutive summer internship experiences and development opportunities.

  • $15,000 scholarship awarded over two years; $5,000 at the start of your first, sophomore summer internship; $10,000 at the start of your second, junior summer internship
  • Orientation to RBC Capital Markets and divisional training beginning Day One, before joining your team
  • An assigned mentor to help you navigate the organization and guide your career
  • Access to senior leaders to provide insight, support and guidance throughout the summer
  • An invaluable peer network of driven, ambitious like-minded young professionals
  • Numerous networking, social and firm-wide events to expose you to the many areas within RBC Capital Markets and to provide a comprehensive understanding of our organization as well as the finance industry
  • Potential to gain exposure to different divisions year over year, for those who are interested in exploring other opportunities
  • You are a full-time undergraduate student who identifies as someone from a traditionally underrepresented background (Black/African American, Hispanic/Latino, and/or Native American descent)
  • You are interested in pursuing a full-time career in banking, corporate finance, municipal finance, origination, sales & trading, research or technology
  • You are able to join us the summer after your Sophomore year
  • You are able to return the summer after your Junior year, providing performance feedback from Sophomore year summer is strong
  • Your cumulative GPA is a minimum of 3.4
  • You graduate in December 2021 or May 2022

Candidates must submit the following:

  • A current, one-page resume
  • Unofficial transcripts of their academic records

Following the deadline, applications will be reviewed by a team of business leaders at RBC Capital Markets. Applicants will then be invited to participate in an interview at our New York City or Jersey City offices. (Travel costs will be covered by RBC Capital Markets).

  • Monday, April 1 – Application Opens
  • Tuesday, June 18 – RBC Pathways Scholarship Info Session in New York City - apply to attend by June 1 as space is limited
  • Friday, June 21 – Application Deadline
  • Late June – Application Review by RBC Capital Markets Business Leaders
  • July – First Round Virtual Interviews and In-Office Final Round Interviews (travel costs will be covered by RBC Capital Markets)