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Raiz Invest Scholarship

A postgraduate research scholarship
This scholarship supports postgraduate research students to conduct research into big data analysis at the University of Sydney Business School.

Highlights

Value Eligibility Open date Close date
$35,000 (for up to 3 years)
  • Commencing or current MPhil or PhD student in the University of Sydney Business School
  • Research into big data analysis and machine learning
29 August 2019 15 March 2020

How to apply

Apply here. Previous applicants do not need to re-apply.

Benefits

This scholarship is valued at $35,000 per year, and is tenable for up to 1.75 years for a MPhil student and up to three years for a PhD student.

Who's eligible

You must:

  • be enrolled or applying for admission to a MPhil or PhD in the University of Sydney Business School
  • be willing to undertake advanced research in big data analysis and machine learning
  • hold an honours (first class or second class upper) or a master's degree in a related field with a substantial research component
  • have strong quantitative research skills (eg, big data analytics, machine learning).
1. Background

a. This Scholarship has been established to provide financial assistance to an MPhil or PhD student to undertake advanced research in big data analysis at the University of Sydney Business School.

b. This Scholarship is funded by Raiz Invest Limited and the University of Sydney Business School.

2. Eligibility

a. The Scholarship is offered subject to the applicant being currently enrolled or having an unconditional offer of admission to study full-time in an MPhil or PhD within the Sydney Business School at the University of Sydney. Applicants who don’t yet have an unconditional offer of admission can apply and be selected, however, no scholarship offer will be sent until the applicant has an unconditional offer of admission.

b. Applicants must be willing to undertake advanced research in big data analysis and machine learning.

c. Applicants must also hold an Honours degree (First Class or Second Class upper) or a Master's degree in a related field with a substantial research component.

d. Applicants must possess strong quantitative research skills.(e.g., big data analytics, machine learning).

3. Selection Criteria

a. The successful applicant will be awarded the Scholarship on the basis of:

I. academic merit,

II. area of study and research proposal,

III. curriculum vitae,

IV. a personal statement which demonstrates interest in the area of research and relevant skills in quantitative data analysis methods and,

V. interview

b. The successful applicant will be awarded the Scholarship by the nomination of a selection committee consisting of the Director of Doctoral Studies, relevant research supervisor, one other academic member of staff in the University of Sydney Business School and a designated representative from the sponsor.

4. Value

a. The Scholarship will provide a stipend allowance of $35,000 per annum (fixed rate) for up to 1.75 years for an MPhil and up to 3 years for a PhD, subject to satisfactory academic performance.

b. Successful PhD recipient may apply for an extension of the stipend allowance for up to six months. No extension is available for MPhil students.

c. The Scholarship will provide academic course fee for up to 7 research periods for an MPhil and up to 12 research periods for a PhD, subject to satisfactory academic performance.

d. Successful PhD recipient may apply for an extension of the academic course fees for up to two (2) research periods. No extension is available for MPhil students.

e. If an MPhil student is awarded the Scholarship and upgrades to PhD, the scholarship may be extended to a maximum duration of 3.5 years including the extension period.

f. Periods of study already undertaken towards the degree prior to the commencement of the Scholarship will be deducted from the maximum duration of the Scholarship excluding the potential extension period.

g. The Scholarship is for commencement in relevant research period in which it is offered and cannot be deferred or transferred to another area of research without prior approval.

h. No other amount is payable.

i. The Scholarship will be offered subject to the availability of funding.

5. Eligibility for Progression

a. Progression is subject to passing the annual progress review, maintaining satisfactory progress in coursework and completing school research milestones.

6. Leave Arrangements

a. Holders of the Scholarship receive up to 20 working days recreation leave every 12 months of the Scholarship and this may be accrued. Any unused leave when the Scholarship is terminated or completed will be forfeited. Recreation leave does not attract a leave loading. The supervisor's agreement must be obtained before leave is taken.

b. Holders of the Scholarship may take up to 10 working days sick leave every 12 months of the Scholarship and this may be accrued over the tenure of the Scholarship. Students with carer responsibility may convert up to five days of their annual sick leave entitlement to carers leave on presentation of medical certificate/s. Students taking sick leave must inform their supervisor as soon as practicable.

c. Holders of the Scholarship may receive additional paid sick leave of up to a total of twelve weeks during their scholarship for medically substantiated periods of illness where the student has insufficient sick leave entitlements available under Clause 11 above. Students applying for additional paid sick leave must do so at the start of absence or as soon as practicable. Periods of additional paid sick leave are added to the duration of the Scholarship.

d. Once holders of the Scholarship have completed twelve months of their award, they are entitled to a maximum of twelve weeks paid maternity leave during the tenure of the Scholarship. Students applying for paid maternity leave should do so at least four weeks prior to the expected date of confinement. Periods of paid maternity leave are added to the duration of the Scholarship. Holders of the Scholarship who have not completed twelve months of their award may access unpaid maternity leave through the suspension provisions.

7. Research Overseas

a. The Scholarship recipient may not normally conduct research overseas within the first six months of award.

b. The Scholarship holder may conduct up to 12 months of their research outside Australia. Approval must be sought from the student's supervisor, Head of School and the Faculty via application to the Higher Degree by Research Administration Centre (HDRAC), and will only be granted if the research is essential for completion of the degree. All periods of overseas research are cumulative and will be counted towards a student's candidature. Students must remain enrolled full-time at the University and receive approval to count time away.

8. Suspension

a. Holders of the Scholarship cannot suspend their award within the first six months.

b. Holders of the Scholarship may apply for up to 12 months suspension for any reason during the tenure of their award. Periods of suspension are cumulative and failure to resume study after suspension will result in the award being terminated. Approval to suspend must be given by the Head of the Department/School concerned. Periods of study towards the degree during suspension of the Scholarship will be deducted from the maximum tenure of the Scholarship.

c. Female holders of the Scholarship are entitled to up to an additional 12 months suspension (less any period of paid maternity leave) following each birth. The Scholarship holder should apply for the suspension within four weeks of the expected date of confinement.

9. Changes in Enrolment

a. The Scholarship recipient must notify HDRAC, Raiz Invest Limited and their supervisor promptly of any planned changes to their enrolment including but not limited to: attendance pattern, suspension, leave of absence, withdrawal, course transfer, and candidature upgrade or downgrade. If the award holder does not provide notice of the changes identified above, the University may require repayment of any overpaid stipend.

10. Termination

a. The Scholarship will terminate:

I. on resignation or withdrawal of the student from their research degree,

II. upon submission of the thesis or at the end of the award,

III. if the student ceases to be a full-time student and prior approval has not been obtained to hold the Scholarship on a part-time basis,

IV. upon the student having completed the maximum candidature for their degree as per the University of Sydney (Higher Degree by Research) Rule 2011 Policy,

V. if the recipient receives an alternative primary stipend scholarship. In such circumstances this Scholarship will be terminated in favour of the alternative stipend scholarship where it is of higher value,

VI. does not resume study at the end of a period of approved leave, or

VII. If the student ceases to meet the eligibility requirements specified for this Scholarship, (other than during a period in which the Scholarship has been suspended or during a period of approved leave).

b. The Scholarship may also be terminated by the University before this time if, in the opinion of the University:

I. the course of study is not being carried out with competence and diligence or in accordance with the terms of this offer,

II. the student fails to maintain satisfactory progress, or

III. the student has committed misconduct or other inappropriate conduct.

c. The Scholarship will be suspended throughout the duration of any enquiry/appeal process.

d. Once the Scholarship has been terminated, it will not be reinstated unless due to University error.

11. Misconduct

a. Where during the Scholarship a student engages in misconduct, or other inappropriate conduct (either during the Scholarship or in connection with the student’s application and eligibility for the Scholarship), which in the opinion of the University warrants recovery of funds provided, the University may require the student to repay payments made in connection with the Scholarship. Examples of such conduct include and without limitation; academic dishonesty, research misconduct within the meaning of the Research Code of Conduct (for example, plagiarism in proposing, carrying out or reporting the results of research, or failure to declare or manage a serious conflict of interests), breach of the Code of Conduct for Students and misrepresentation in the application materials or other documentation associated with the Scholarship.

b. The University may require such repayment at any time during or after the Scholarship period. In addition, by accepting this Scholarship, the student consents to all aspects of any investigation into misconduct in connection with this Scholarship being disclosed by the University to the funding body and/or any relevant professional body.

12. Other Requirements

a. The student must acknowledge the grantor on their thesis.