A scholarship funded by the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia supporting student research in financial services.
Study levels
Undergraduate and Research
Student type
Future students and Current students
Study area
Business and Law and justice
Citizenship
Australian or New Zealand
What you'll receive
The Brian Gray Scholarship program will fund up to four scholarships annually, to the value of $15,000 each
Under this scholarship program, you'll devote a substantial amount of time to an agreed research topic and present your findings to APRA on completion of your research. You may also gain valuable work experience with APRA during your final year of study.
How to apply
Applications are to be submitted via an online application process. This will require you to complete an application form including academic details, work experience, extra-curricular activities, an outline of your proposed research and its relevance to APRA, and two written references. The written references will need to be attached to the application form and so you may need to scan hard copies for this process.
For further information including this year's open and closing date, visit APRA or email.
About the scholarship
The Brian Gray Scholarship program provides up to four scholarships valued at $15,000 each to support students in finance, economics, actuarial science, econometrics, statistics or related disciplines who intend to focus full-time on their studies and research. The scholarship also provides the opportunity to devote time to an agreed research topic benefiting, where possible, from access to Australian Prudential Regulation Authority (APRA) expertise and data. Scholarship holders may also be able to gain valuable work experience with APRA during their final year of study. The Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia have established the Brian Gray Scholarship in memory of Brian Gray, who died on 24 August 2001 while serving as Executive General Manager of APRA’s Policy, Research and Consulting Division.
If you are a full-time honours year or PhD student studying a topic of relevance to prudential supervision and are an Australian or New Zealand citizen or permanent resident you are eligible to apply. Postgraduate students may also apply.
Eligible subject areas include:
If you are or have participated in other scholarship programs funded or partly funded by APRA you are ineligible to apply.
APRA also takes into account the relevance of the proposed research to APRA's mission; as well as our assessment of your potential to become a successful scholar or practitioner in academic or professional areas relevant to APRA.
The Australian Prudential Regulation Authority (APRA) is an independent statutory authority that supervises institutions across banking, insurance and superannuation, and is accountable to the Australian Parliament.
APRA was established by the Australian Government on 1 July 1998 following the recommendations of the Wallis Inquiry into the Australian financial system. Prudential regulation is concerned with maintaining the safety and soundness of financial institutions, so that the community can have confidence that they will meet their financial commitments under all reasonable circumstances.
Under the legislation that APRA administers, APRA is tasked with protecting the interests of depositors, policyholders and superannuation fund members.
APRA promotes financial system stability by working closely with the Australian Treasury, the Reserve Bank of Australia, and the Australian Securities and Investments Commission.
While APRA seeks to reduce the likelihood of a financial institution failing, it cannot, and does not, guarantee that failure may never occur. In the unlikely event an APRA-regulated institution were to fail, APRA has the role of administering the Financial Claims Scheme when activated by the Australian Government. This Scheme allows depositors of a failed deposit-taker to access their funds (up to a limit) in a timely manner, or provides general insurance policyholders with access to funds (up to a limit) to meet an eligible claim.
APRA also acts as a national statistical agency for the financial sector, collecting data both for its own uses and on behalf of the Reserve Bank of Australia and the Australian Bureau of Statistics. We provide this data in our statistical publications.
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