At CIBC, we are in business to help our clients, employees and shareholders achieve what is important to them. Our ability to create value for all CIBC stakeholders is driven by a business culture based on common values : Trust, Teamwork and Accountability.
Working with CIBC makes you a part of a work environment committed to our clients, employees and communities - a place where you can excel.
Indigenous students, do you want a chance to receive a $10,000 scholarship and summer internship at CIBC? Are you entering your second or third year in a bachelor program in the 2024-2025 academic year?
Are you looking for a dynamic opportunity to gain great experience and start your career? CIBC is looking for you!
CIBC is launching their Capital Markets Scholarship to give 8 Indigenous post-secondary students the chance to receive a $10,000 scholarship and a summer internship at CIBC! When you join CIBC as a post-secondary student, you will be making a difference for our clients, team, and your community.
You will be using your strong relationship-building, communication, and technical skills to assist your teams with a variety of different projects and priorities.
Eligible fields of study include :
- All Business programs of study.
- Finance, Commerce, Accounting, Economics, Statistics
- All Science programs of study
- All Engineering programs of study
- Technology, Information Systems and Computer Science / Engineering as well as other
- associated programs of study
- All Mathematics, Statistics, and Data Science programs of study
REQUIRED DOCUMENTS :
- Copy of your current curriculum vitae
- Academic transcript of marks covering September 2022 April 2024
- Two (2) essays on the following :
o Describe your community; how has this
identity influenced your life? (250 words)
o Why would you like to work for CIBC Capital Markets? (250 words)
Detailed instructions can also be found in the application. Remember, your application must be
complete to be evaluated, and deadline extensions will not be granted.
If any of the requirements noted above are not met, the application will be considered incomplete. Deadline extensions will not be granted.
Please note : The student is considered the owner of the application and must be eligible for the
scholarship according to the program guidelines.
Please add [email protected] to safe
senders in your junk email options so that you continue to receive important messages from
SPC.
EVALUATION CRITERIA
Applications are assessed on academic performance; volunteer / community involvement and / or extracurricular activities;
and content and relevance of the essays, as well as the curriculum
vitae and interview.
SELECTION PROCESS
The selection of scholarship recipients is made by CIBC. Preference will be given to students
who identify as part of one or more of the following under-represented groups :
- People of colour, including members of the Black Community;
- Indigenous peoples (i.e., First Nations, Inuit or Métis peoples);
- Persons with disabilities;
- Members of the LGBTQ+ community; and
- Women
CIBC Capital Markets Inclusion Scholarship
2024 PROGRAM GUIDELINES
Preference will also be given to students whose field of study aligns with CIBC Capital Markets
business needs. All applicants will receive confirmation by email of the results of the selection
process, once available.
SUCCESSFUL APPLICANTS
Successful applicants will receive confirmation of their scholarship in June 2024 along with
internship placement (business unit and internship start / end dates). Recipients will be required
to complete the online scholarship acceptance process and forward any required
documentation such as proof of registration from the institution they will be attending. It is the
responsibility of the recipient to keep SPC informed of any changes to their contact information
through the online portal.
- If a recipient decides not to complete their internship with CIBC, they will no longer be
- eligible to receive the scholarship funds;
- The scholarship must be paid out in the same year that they intern with us;
- Once accepted, scholarship payment and / or summer internships cannot be deferred to
a later year.
SCHOLARSHIP PAYMENT
Payment will be issued between May - July 2025, at the start of the student’s internship with
CIBC Capital Markets. It can take 6 to 8 weeks, depending on the method of payment chosen.
Funds will be sent to your educational institution on behalf of the sponsor.
Please make sure to pay your tuition fees within the defined time frame, regardless of the
timing of scholarship payment. Your institution will reimburse you according to their normal
practices.
We will communicate with you through your student portal account. Be sure to keep contact
information up to date and to notify us of any changes.
CIBC has entrusted the administration of its scholarship program to SPC, a division of
Universities Canada. We administer over 140 scholarship programs for corporations,
government agencies, and private foundations in North America and are affiliated with top
companies in almost every sector of the economy. For more details, please visit
www.univcan.ca.
Self Identify as First Nations, Métis or Inuit
- Are entering second or third year towards a first bachelor in the 2024 2025 academic year
- Have minimum cumulative GPA 3.50 over the last three terms of available marks*. Non- academic courses, such as career or personal development related courses, will not be considered.
- Are studying in business or STEM program. STEM includes the following four disciplines : Science, Technology, Engineering and Mathematics.
A full list of eligible programs is available in the Field of Study section
- Are legally entitled to participate in and complete a full-time summer internship with CIBC in one of the following business units, in one of the following cities : Calgary, Montreal, Toronto, Vancouver and Winnipeg
- If selected, applicants must also pass all required background checks and other prerequisites which may be necessary to work a full-time summer internship with CIBC.
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