The Dan Calugar Finance Scholarship

 

Empowering Future Generations of Finance Professionals

The Dan Calugar Finance Scholarship empowers students interested in studying finance to pursue higher learning. To apply for this $10,000 scholarship, eligible students must submit a 2000-word essay and meet the eligibility requirements. See additional details below.

 

Eligibility

To apply for this scholarship students must meet the following criteria:

• Applicants must be either a junior or a senior for the Winter/Spring term of 2022 or a post-graduate student. 
• Applicants must be either a finance major or in a degree program (such as computer science or mathematics) that is consistent with a career in finance or investment analysis.
• Students must have a minimum GPA of 3.5 and must be willing to provide proof of their current GPA. 
• Students must be attending college as an in-state student.

Guidelines

In the form below, please submit an essay describing the experience you have had developing and trading algorithms for systematic trading of stocks, bonds, options, and/or futures. If you have published work on the topic of algorithmic trading please describe that body of work in your essay. Most importantly, please describe the “edge” that your most successful algorithmic strategy exploits, and why that edge should be persistent.

 

Given the thousands of traders that execute algorithmic programs, some traders will be phenomenally successful for periods of time by mere chance alone, but a strategy with a clear “edge” may have staying power.

 

Because we have received a large number of responses for prior Scholarship awards, we ask that you please limit your response to 2000 words, however, if you are selected, we may request that you provide additional detail to verify the work you have done related to algorithmic trading.

 

This essay must be submitted prior to the application deadline.

 

Application Process

To apply for this scholarship, please complete the form below in its entirety.

 

Submission Deadline

December 31st, 2021

 

Winner Selection

The Dan Calugar Finance Scholarship will be awarded to one (1) student via the following process:

1. One candidate with the best submission will be selected in January of 2022.
2. The winner will be notified by email and will have two (2) weeks to accept the award. Failure to accept the award within two (2) weeks shall disqualify that candidate, and a new winner will be selected in their place.
3. If the winner accepts the scholarship, The Dan Calugar Finance Scholarship committee reserves the right to request additional information from you, including but not limited to documentation in support of the information you provide.