Research Grant Program

Every year since 2007, GARP has issued a Call for Research Proposals from which 16 research projects have been awarded funding as a part of the GARP Risk Management Research Program. Research projects are selected for funding by a Research Committee of risk management practitioners, academics and researchers chaired by Professor René Stulz of The Ohio State University.
The Research Committee seeks to provide funding for:
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  • projects offering unique approaches and insights into problems of significance to risk management professionals;
  • projects of particular relevance to current global financial risk management issues and needs; and
  • projects with significant potential for bridging the gap between theory and practice.
Each year, the Research Grant Program funds approximately 5 research proposals in the amount of $15,000 each. Grants are given under the condition that the paper contains new and original work. Each year the Research Committee identifies particular topics of interest, although other topics are also considered. GARP helps authors connect with practitioners to obtain relevant information or data, if such help is needed. Upon completion, the authors present their paper at a GARP event. Travel and lodging expenses associated with presenting results at a GARP event are reimbursed. Authors retain the property rights over the paper.


Application Procedure and Deadlines


The details of submitting research proposals is outlined each year in the Call for Research Proposals. Typically, the proposal requirements include the following:
  • A cover page with the proposal title followed on separate lines by the author name, mailing address, phone number and e-mail address. If the proposal has multiple authors, repeat the name and address block on separate lines for each additional author.
  • A short abstract of no more than one page. A brief statement of research objectives and a literature review placing the study in context.
  • A description of the research method and the expected form of the results.
  • The researchers should also include in a planned schedule for completion.
  • A copy of each researcher's c.v.
Entries for the 2014 GARP Research Grant Program are now being accepted through July 31, 2014. For an overview of selection criteria and application procedures, please click here.

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