Ethics in Finance - Robin Cosgrove Prize

Announcing the 2010-2011 Ethics in Finance - Robin Cosgrove Prize

Young people aged 35 or less are invited to submit innovative ideas for ethics in finance.

Two Competitions for the Prize

The global Prize has been awarded since 2006. For the global Prize papers should be submitted in English or French.
The Ibero-American Prize was initiated with the support of MAPFRE to focus on the special challenges of ethics in finance in the region, with papers to be submitted in either Spanish or Portuguese. The best papers submitted for the Ibero-American Prize will be translated into English or French and they will then be nominated for consideration for the global Prize.

Please note an author may not present the same text at the same time to the two competitions.

The best papers nominated for the Prize in 2007 and 2009 are published in Finance & the Common Good/Bien Commun (Geneva) and are published on-line.

Vision and Mission of the Prize

The Vision of the Ethics in Finance - Robin Cosgrove Prize

The Prize promotes greater awareness among young people throughout the world of the benefits of strengthening ethical approaches in all aspects of finance. The vision of the Prize contributes to strengthening the foundations and good quality management of banking and finance based on trust and integrity, especially in emerging markets. The Prize has a global vision, applicable throughout the world.

Robin believed that young professionals throughout the finance sector, whether in private enterprises of public services, have the responsibility and many opportunities to influence the future shape and sustainability of the world of finance, based on building trust and promoting integrity. The Prize implements his vision.

The Mission

The mission of the Prize is to stimulate innovative ideas for promoting ethics and integrity in the finance sector. The Prize reaches out to young people familiar with the banking, finance and investment sectors, with special attention to emerging markets, to attract innovative ideas, proposals and projects which could be promoted to major players in the business community. The aim is to strengthen the sustainability of ethics in banking and finance and to reinforce its implementation, especially in emerging markets throughout the world.

Report and Prospectus 2006-2013

The Ethics in Finance - Robin Cosgrove Prize has launched a global debate on the role of ethics and integrity in all aspects of finance. Our goal is to use the fresh ideas and discussion that result from this dialogue to inspire the young finance community and to re-inspire the broader finance, civic and academic communities.

See our Report and Prospectus 2006-2013

Business Schools & Centres for Finance

Business Schools and centres for the study of Finance are invited to partner with the Prize Administration to promote awareness of the competition and to encourage their students and alumni to reflect on the role of Ethics in Finance.

Information Pack for Business Schools and Academic Organisations - click here.

How the Prize can benefit your staff ... and your organization

The Ethics in Finance - Robin Cosgrove Prize can reward your best young staff and recognize their commitment to important values, especially trust and integrity.

Please consider promoting the Prize through your own corporate intra-net as a tool for encouraging your young professionals to be more aware of the role of integrity and ethics in the finance business.

The Robin Cosgrove Prize is an ideal TOOL for training and staff development.

We would be delighted to be your partner to assist you to use the Prize as a cost-effective means to raise awareness of the importance of such issues as trust, integrity, and responsible ethical behaviour, going beyond a "tick the box" approach to compliance.

Through the Prize, you can incentivize your younger professionals to reflect on the relevance of ethics and integrity in their daily work, whether in the public or private financial sector.

The Prize administration would be willing to issue a joint certificate with your organization regarding submissions of papers considered eligible for the Prize, if they meet the terms and conditions for entries. The certificate would attest that the person submitting the paper had invested intellectual commitment in research and reflection about Ethics and Finance.

The value of the Prize as an inspirational motivator and as a staff training and development tool has been recognized by the International Monetary Fund [IMF Institute, the European Bank for Reconstruction and Development (EBRD), and by several large commercial banks.

Contact us to explore