CALL FOR APPLICATIONS

Up to 15 Scholarships for 2012 at A$50,000 per annum tax free

Exciting research with opportunities for international travel

We are seeking graduates with qualifications in one, or more of:

• Finance / Capital Markets
• Econometrics / Actuarial Studies
• Information Technology / Data mining / Text Mining

PhD Scholarship Application Form (PDF)
Completed application forms should be sent by post to: Capital Markets CRC Limited Scholarship Selection Committee GPO Box 970, Sydney, NSW 2001 If sending by courier, then address the delivery to: Capital Markets CRC Limited, Scholarship Selection Panel, Level 3, 55 Harrington Street, Sydney, NSW 2000. Phone: +61 (2) 8088 4200	Enquiries can be directed to: Dr Will Renner, Senior Education Manager, CMCRC Fax: +61 (0) 2 8088 4201 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

The Capital Markets Cooperative Research Centre (CMCRC) is a very successful research centre that has won prizes for its research and has already spun-off several businesses. The CMCRC's research is supported by government, industry partners, security exchanges, and regulators in Australia, the UK, Singapore, Hong Kong, Scandinavia, and North America. Students are based both in Australia and overseas and have some opportunity to travel.

The CMCRC provides an exciting, high calibre, and well resourced research environment for work in capital markets. The research objective is to create better capital markets locally, regionally, and globally. CMCRC research is about providing a better understanding of financial markets (their operation and their price behaviour) and research which facilitates the provision of advances in technology to capital markets. In the CMCRC there is a particular focus on the enhancement of market integrity and security. CMCRC research is also about realising commercial benefits from innovation, and the CMCRC provides direct participation in commercial results for PhD Students.

Programmes currently operate under the following research themes:

• market design and market behaviour
• investment management
• surveillance and compliance
• data mining/ text mining and language technology
• the analysis of accounting and audit data relevant to security markets (not recruiting in 2012)

Interdisciplinary research is encouraged. Applications are invited for full-time scholarships to support PhD studies. We seek highly motivated and enthusiastic scholars from the disciplines above, who wish to work in the area of financial markets.

Eligibility

Candidates must have a 1st class Honours degree in one of the disciplines above, or a Masters degree with a major research component, an exceptional academic record, strong written and verbal communications skills, and an ability to work in a team environment. The successful applicants will work closely with one or more industry partners, and consequently must be flexible with regard to their research topic, as this is determined by the industry sponsor. Students will be enrolled at one of the CMCRC's partner universities, The University of New South Wales, The University of Technology Sydney, The University of Wollongong, The University of Sydney, Macquarie University, or an overseas university associated with the CMCRC, such as Reading University (UK), City Uiversity of Hong Kong or York University (Canada). Students generally apply to the CMCRC before they apply to the university, but applications may proceed simultaneously. We encouage applicants to establish contact with potential supervisors at our partner universities in conjunction with their application.

Award Tenure

Subject to satisfactory performance, scholarships are tenable for up to three years. Scholarships of up to $50,000 pa will be offered. The scholarship is tax free. The scholarship is a living allowance and does not cover tuition fees. Australian residents in our program obtain RTS places, which means that they do not pay tuition fees or HECS.

Application Process

Applications are considered twice per year. The November Round is for students planning to start their studies in Semester One (early March) of the following year. The June Round is for those starting in Semester Two (late July) of that year. Please submit your completed application (including referee's reports and supporting documentation) in advance of the closing dates listed below. Selection normally takes about 8 weeks. Placement with an industry sponsor may take longer. All shortlisted applicants are interviewed prior to placement. We are seeking to create a pool of suitable applicants from which scholarship offers can be made to a range of high-profile industry partners. 

Additional information for international students.

International students are eligible to apply for scholarships. It is particularly important for international students to demonstrate the quality of their qualification, their capacity for research and their ability in written and spoken English. Short-listed applicants will be interviewed. Note: the CMCRC does not pay university tuition fees for international students. International students can usually apply to their university or faculty for a fee scholarship, or fee waiver. CMCRC students are usually successful in such applications, but this is a matter for the student and the university, not the CMCRC.