Peter B. Gustavson School of Business Awards

Please read the instructions carefully to confirm whether an application is required.

Scholarships marked with an asterisk (*) are funded by the University of Victoria Foundation.

Students may be considered for the following bursaries by completing the general bursary application. Only one application is necessary to be considered for all bursaries.

CIBC Bursary in the Peter B. Gustavson School of Business

Value: Varies | Number: Varies

Bursaries of up to $2,500 are awarded to students in the Bachelor of Commerce Program in the Peter B. Gustavson School of Business. Preference will be given to students in the first or third year of the program.

Costco Canada Undergraduate Bursary

Value: Varies | Number: Varies

One or more bursaries are awarded to full-time undergraduate students from Greater Victoria who are entering or continuing into second or third year in the Peter B. Gustavson School of Business. Students may receive this bursary more than once.

Iola Worthington Bursary in Business*

Value: Varies | Number: Varies

Bursaries are awarded to students entering or continuing in the Peter B. Gustavson School of Business.

John H. Rennie Bursary in Business

Value: Varies | Number: Varies

One or more bursaries are awarded to students proceeding to year three or four of the Bachelor of Commerce program. The bursaries are renewable for one year of the student remains eligible.

Lawrence and Marjorie Yeats Bursary*

Value: Varies | Number: Varies

One or more bursaries are awarded to students entering or continuing in the Bachelor of Commerce program

Margaret T. Clinch Bursary in Business Administration*

Value: Varies | Number: Varies

One or more bursaries of up to one-half the cost of tuition are awarded to women students in the Bachelor of Commerce program, with preference to students entering third or fourth year who have an interest in Entrepreneurship or Samll Business Management.

Michaela Tokarski Entrepreneurship Bursary*

Value: Varies | Number: Varies

One or more bursaries are awarded to undergraduate or graduate students in  either the Bachelor of Commerce Entrepreneurship specialization or the MBA Entrepreneurship specialization in the Faculty of Business.

William C. Mearns in Business*

Value: Varies | Number: Varies

One or more bursaries are awarded to students entering the Peter B. Gustavson School of Business.

William McMillan Bursary*

Value: Varies | Number: Varies

One or more bursaries are awarded to students entering or continuing in the Peter B. Gustavson School of Business.

Students must apply to be considered for the entrance scholarships below, which are based on marks and other criteria such as academic achievement and volunteer and community work. All UVic entrance scholarships require a minimum 85% admission average, unless otherwise specified in the terms of reference of the scholarship.

Recipients will be approved upon the recommendation of the Peter B. Gustavson School of Business.

The scholarships below:

  • requires an online application via My Page submitted between February 15 - April 30, unless otherwise stated in the Terms of Awards.
  • are governed by the general regulations for scholarships, medals, and prizes.

More information is available on the Entrance Scholarship website.

Dr. J. Donald Rowlatt Entrance Scholarship

Value: Varies | Number: 1

A scholarship is awarded to a BC secondary school student entering first year at the University of Victoria and who has been granted admission to the Peter B. Gustavson School of Business. Preference will be given to an aboriginal student.

Peninsula Co-op Pat Fafard Entrance Award

Value: $1,000 | Number: 1

A scholarship of $1,000 is awarded to an academically outstanding undergraduate student pursuing a degree at the Peter B. Gustavson School of Business who has contributed to their community and/or school in an outstanding way through volunteer or extra-curricular activities. The recipient must be a Peninsula Co-op member or the immediate family of a member. Immediate family of the student includes parents, step-parents, guardians, siblings, grandparents, uncles and aunts. Students and immediate family must have had active membership prior to September 1st of the previous year and must currently be in good standing with Peninsula Co-op. The recipient must be enrolled full-time at UVic and must attend UVic within the same year as their secondary school graduation.

Applications from students are not required for scholarships listed in this section.

These scholarships are governed by the general regulations for scholarships, medals, and prizes.

50th Anniversary Peter B. Gustavson School of Business Entrance Scholarship

Value: $1,000 | Number: 1

A scholarship of $1,000 is awarded annually to an academically outstanding student entering the University of Victoria from a Canadian secondary school who is pursuing an undergraduate degree at the Peter B. Gustavson School of Business.

Iola Worthington Scholarship in Business*

Value: Varies | Number: Varies

Scholarships are awarded to students entering the core program or continuing in the Peter B. Gustavson School of Business. 

Jeffrey Mallett Leadership Award*

Value: Varies | Number: 1

An award is given to an entering or continuing undergraduate student in the Peter B. Gustavson School of Business who can demonstrate involvement in community or campus organizations. Preference will be given to a student on a Vikes varsity team. Graduating and part-time students (a minimum of 6.0 units) are eligible for this award. Approval of the recipient will be made by the Senate Committee on Awards upon the recommendation of the Peter B. Gustavson School of Business. 

Peter B. Gustavson School of Business Entrance Tuition Scholarship

Value: Varies | Number: Varies

Scholarships are awarded to students entering the Bachelor of Commerce Core Program. Scholarships are awarded based on the 30-unit GPA used by the Peter B. Gustavson School of Business.

Peter B. Gustavson School of Business Undergraduate Entrance Scholarship*

Value: Varies | Number: Varies

One or more scholarships are awarded to academically outstanding undergraduate students entering Peter B. Gustavson School of Business.

First disbursement September 2021.

Applications are required for in-course scholarships listed in this section. These scholarships are governed by the general regulations for scholarships, medals, and prizes. 

  • Unless stated otherwise, the application must be made through completion of the in-course scholarship application on My Page.
  • The deadline, unless stated otherwise, is May 31.
  • Some of the following awards may require application through the Peter B. Gustavson School of Business; please review the eligibility criteria and application instructions below for further information.

Bill Buckwold / Jennifer Richardson Award*

Value: Varies | Number: 1

An award is given to a BCom or MBA graduating student who has demonstrated a substantial improvement and who has overcome a significant challenge to achieve their educational goal.

Applications may be obtained from the Peter B. Gustavson School of Business and must be submitted to the Dean’s Office by April 30.

If an undergraduate student, approval will be made by the Senate Committee on Awards and if a graduate student, approval will be made by the Graduate Awards Committee both upon the recommendation of the Peter B. Gustavson School of Business.

Canadian National Scholarship*

Value: Varies | Number: Varies

One or more scholarships are awarded to academically outstanding undergraduate students enrolled in either the International Business specialization or the Entrepreneurship specialization. Preference is given to students from the Kitimat-Stikine, Stikine, Bulkely-Nechako areas, the Cariboo, the Okanagan-Similkameen, Central Okanagan and North Okanagan regions. Students must apply to the School of Busines by April 30. This scholarship may be awarded to a graduating student. Approval is made by the Senate Committee on Awards upon the recommendation of the Peter B. Gustavson School of Business.

Chris Markoff Memorial Award

Value: $500 | Number: 1

An award of $500 is given to a fourth year student in the Peter B. Gustavson School of Business. This student should demonstrate, through a resume, a keen appreciation for the outdoors and a record of outdoor pursuits. Preference will be given to a Canadian student who is involved in the Commerce Cultural Liaison Program (CCLP) and who has taken the time and effort to mentor foreign students at the University. This award may be given to a graduating student.

Resume to be submitted to the Peter B. Gustavson School of Business by April 30.

Evelyn Adu-Febiri International Business Scholarship

Value: Varies | Number: Varies

One or more scholarships are awarded to academically outstanding Bachelor of Commerce students entering third or fourth year who are participating in an exchange program with UVic partner schools. Preference will be given to students in descending order of priority:

a)       Women students self-identifying as being of Black African ancestry or heritage

b)      Men students self-identifying as being of Black African ancestry or heritage

If no students meeting the criteria can be found (students are not participating in an international exchange), the scholarships will go to any year Bachelor of Commerce students self-identifying as being of Black African ancestry or heritage. 

Graeme Jackson Award

Value: Varies | Number: 1

An award is given to a fourth year undergraduate student in the Peter B. Gustavson School of Business who demonstrates a strong entrepreneurial spirit.  The recipient must have completed an international exchange with one of the business school’s recognized international exchange partners. 

The recipient is selected based on nominations received from fellow students, faculty and/or staff.  Nomination letters (maximum 500 words) must include or provide examples of:

  1. where and when the nominee went on their international exchange;
  2. how the nominee has made meaningful connections during their time at UVic;
  3. how the nominee demonstrates a passion for life in areas such as work experience, community involvement and/or family;
  4. when the nominee helped to positively impact other students; and
  5. how the nominee demonstrates a strong entrepreneurial spirit

Applicants must also submit a brief personal statement (max 500 words) that outlines the above nomination criteria. Both the nomination letter and the personal statement must be submitted to the Administrative Director of the Bachelor of Commerce program by May 15.  Graduating students are eligible for this award.  Approval of the recipient will be made by the Senate Committee on Awards upon the recommendation of the Peter B. Gustavson School of Business.

Nominations must be submitted to the Administrative Director of the Bachelor of Commerce program by May 15.  Graduating students are eligible for this award.  Approval of the recipient will be made by the Senate Committee on Awards upon the recommendation of the Peter B. Gustavson School of Business.

Harold G. Craven Scholarship*

Value: Varies | Number: Varies

One or more scholarships of not less than $1,000 are awarded to academically outstanding undergraduate 4th year students in the Department of Economics or the Peter B. Gustavson School of Business who intend to pursue a career as a Chartered Accountant. Scholarships may be awarded to graduating students. Approval of the recipients will be made by the Senate Committee on Awards upon the recommendation of the Department of Economics or the Peter B. Gustavson School of Business.

Henry and Marian Thiel International Business Award*

Value: Varies | Number: Varies

One or more awards of at least $1,500 each will be given to academically outstanding undergraduate students who have chosen to specialize in International Business in the Bachelor of Commerce program at the Peter B. Gustavson School of Business. Graduating students are eligible to receive this award.

Students must submit a maximum 250 word essay that outlines:
• why they are pursuing the International Business specialization;
• their career ambitions and goals;
• what they have accomplished to-date that demonstrates their interest in International Business (e.g. international exchange, international co-op placement, involvement in clubs, volunteerism, leadership etc.); and
• why the funds are needed to meet financial need.

Applications must be submitted by June 15 to the International Business Office in the Peter B. Gustavson School of Business. Approval of the recipients will be made by the Senate Committee on Awards upon the recommendation of the Peter B. Gustavson School of Business.

Lee Hayes Award*

Value: Varies | Number: 1

An award is given to an undergraduate student in the Peter B. Gustavson School of Business who demonstrates good work habits and organizational skills and has a GPA lower than 7.0. Applicants must submit a letter (maximum 1,000 words) to the Peter B. Gustavson School of Business by April 30 detailing their commitment to their educational and career goals. Approval of the recipient will be made by the Senate Committee on Awards upon the recommendation of the Peter B. Gustavson School of Business.

Note:  The donors have requested that the student receiving this award is not to have grades of A- or above. Students are also to visibly demonstrate that they are doing everything possible through rigorous studying to reach his or her goals and must have good work habits and organizational skills.

Malcom Manson Memorial Award*

Value: Varies | Number: 1

An award is given to an undergraduate student in the Peter B. Gustavson School of Business who is attending a university in China on exchange and/or completing an internship in China. Students must submit a cover letter with a 500 word essay expressing their passion and interest in China and outlining how they anticipate the China experience will benefit them.

Applications must be submitted to the Peter B. Gustavson School of Business, Business Student Services Office by April 30.

Mark Krasnick Leadership Award*

Value: Varies | Number: Varies

One or more awards are given to third or fourth year First Nations students in the Faculty of Human & Social Development, the Faculty of Law or the Peter B. Gustavson School of Business, who demonstrates leadership in either the First Nations community or within the Faculty. Preference will be given to a British Columbia resident.

Murray and Lynda Farmer Scholarship*

Value: Varies | Number: Varies

One or more scholarships are awarded to academically outstanding third or fourth year students in the Bachelor of Commerce program who demonstrate dedication to community organizations and have a strong interest in business ethics and social responsibility. Students must have completed or be enrolled in one or more courses related to the study of ethics or social responsibility.

Applications together with a 500 word essay on business ethics, personal goals and community involvement must be submitted to the Peter B. Gustavson School of Business by April 30. Scholarships may be awarded to graduating students. Approval of the recipients will be made with the Senate Committee on Awards upon the recommendation of the Peter B. Gustavson School of Business.

Oliver Prentice Memorial - Saanich Rotary Scholarship*

Value: Varies | Number: 1

A scholarship is awarded to a student of outstanding merit who is planning a business career and is continuing studies at a recognized university or is articled to a Certified Professional Accountant. The scholarship may be awarded to a graduating student. Approval of the recipient will be made by the Senate Commitee on Awards upon the recommendation of the Peter B. Gustavson School of Business. Students must apply to the Peter B. Gustavson School of Business by April 30.

Rose Won Lau Business Scholarship*

Value: Varies | Number: 1

A scholarship is awarded to a Bachelor of Commerce student participating in an academic exchange program and/or co-op work placement in China for the upcoming summer or winter session. Selection of the student is based on the submission of a resume and an essay demonstrating the student's involvement in sports, extra-curricular activities or community contributions and stating how the scholarship will be of assistance in completing the co-op term or exchange, and on academic merit. Preference will be given to a woman student of Chinese ancestry.

A cover letter can be used as the application form and must be returned with a resumé and an essay to the Peter B. Gustavson School of Business, Business Student Services Office (BEC 283) by April 30.

Sybil Verch Woman in Business Award

Value: $2,500 | Number: 1

An award of $2,500 is awarded to an outstanding woman student in the Bachelor of Commerce program at the Peter B. Gustavson School of Business who has completed the required core courses and will be entering fourth year. First preference will be given to a student who has demonstrated an interest in entering a career in finance. Second preference will be given to a student with demonstrated financial need. The recipient will be nominated by the Peter B. Gustavson School of Business.

Thomas (Bill) Orr Scholarship in Business*

Value: Varies | Number: Varies

One or more scholarships are awarded to students in the Peter B. Gustavson School of Business. Eligible students must be involved in university life, such as athletics and/or clubs or campus organizations.

Application: A cover letter can be used as an application form and must be returned with a resume or list of community/campus involvement to the Gustavson School of Business, BCom Program Office (BEC 283) by April 30.

Victoria Chartered Accountants Association Legacy Scholarship*

Value: Varies | Number: Varies

One or more scholarships are awarded to academically outstanding undergraduate students entering the fourth year of the Bachelor of Commerce program who are intending to pursue a Chartered Professional Accountant designation.

Applications from students are not required for scholarships listed in this section.

Unless otherwise indicated in the Terms of Awards, recipients are approved by the Senate Committee on Awards upon the recommendations of the Peter B. Gustavson School of Business.

These scholarships are governed by the general regulations for scholarships, medals, and prizes.

Albert Hung Chao Hong Scholarship in International Business and Entrepreneurship*

Value: Varies | Number: Varies

One or more scholarships, of at least $3,000 each, are awarded to academically outstanding undergraduate students in either the International Business specialization or the Entrepreneurship specialization in the Peter B. Gustavson School of Business. This award may be given to a graduating student.

Bank of Montreal Scholarship

Value: $1,000 | Number: 2

Two scholarships of $1,000 each are awarded to students entering year 4 of the Bachelor of Commerce program. Preference is given to students who show a strong potential for a career in a financial institution.

Coast Capital Savings Entrepreneurship Scholarship

Value: Varies | Number: Varies

One or more scholarships are awarded to academically outstanding fourth year undergraduate students undertaking the entrepreneurial specialization in the Bachelor of Commerce program at the Peter B. Gustavson School of Business.

Scholarships may be awarded to graduating students. Approval of the recipient will be made by the Senate Committee on Awards upon the recommendation of the Peter B. Gustavson School of Business.

David Ritchie Business Grant*

Value: Varies | Number: Varies

One or more grants will be awarded annually to either undergraduate students in the Peter B. Gustavson School of Business who are enrolled in one or two semesters or graduate students enrolled in the MBA or MGB program. Scholarships will be valued in the amount equalling a student's tuition and fees. Grant applicants must be a recipient of the Horatio Alger Scholarship and in good standing with the committee and approved by the UVic Peter B. Gustavson School of Business.

Don Rowlatt Scholarship*

Value: Varies | Number: Varies

One or more scholarships awarded to Bachelor of Commerce students who have achieved high academic standing in the third year finance and accounting core courses.

Howard and Linda Petch/Greater Victoria Chamber of Commerce Scholarship*

Value: Varies | Number: Varies

One or more scholarships are awarded to students entering third year in the Peter B. Gustavson School of Business.

Iola Worthington Scholarship in Business*

Value: Varies | Number: Varies

Scholarships are awarded to students entering the core program or continuing in the Peter B. Gustavson School of Business. 

Jean Foley International Business Scholarship

Value: Varies | Number: 1

One scholarship will be awarded annually to an academically outstanding Bachelor of Commerce student in the Peter B. Gustavson School of Business who is entering fourth year and will be participating in an international exchange semester with a partner school.

Jeffrey Mallett Leadership Award*

Value: Varies | Number: 1

An award is given to an entering or continuing undergraduate student in the Peter B. Gustavson School of Business who can demonstrate involvement in community or campus organizations. Preference will be given to a student on a Vikes varsity team. Graduating and part-time students (a minimum of 6.0 units) are eligible for this award. Approval of the recipient will be made by the Senate Committee on Awards upon the recommendation of the Peter B. Gustavson School of Business. 

Kyle McMillan Award*

Value: Varies | Number: 1

An award is given to a student in year 3 of the BCom program in the Peter B. Gustavson School of Business. Selection of the recipient will be based on fall class evaluations and any or all of the following criteria: athletics, leadership, academic, public speaking. Nominations will be accepted from students and faculty by the BCom Associate Director on or before December 15th of each year.

Madam Soong Ching Ling Memorial Scholarship*

Value: Varies | Number: Varies

One or more scholarships are awarded to students from China who are attending the University of Victoria on a Student Visa. Preference will be given to students in the Peter B. Gustavson School of Business.

Microserve Scholarship in Business, Management Information Systems

Value: $1,000 | Number: 1

A scholarship of $1,000 is awarded to an academically outstanding student enrolled in 3rd or 4th year of the Bachelor of Commerce program in the Peter B. Gustavson School of Business who has demonstrated aptitude for and interest specifically in management information systems and/or management and technology. Selection is based on academic standing with emphasis on achievement in COM 331: Management Information Systems. 

Peter B. Gustavson School of Business Entrance Tuition Scholarship

Value: Varies | Number: Varies

Scholarships are awarded to students entering the Bachelor of Commerce Core Program. Scholarships are awarded based on the 30-unit GPA used by the Peter B. Gustavson School of Business.

Peter B. Gustavson School of Business Medal for Academic Excellence

Value: Medal | Number: 1

The Medal for Academic Excellence is awarded to a student with the highest graduating grade point average of the combined two convocation classes in the B.Com program of the calendar year.

Peter B. Gustavson School of Business Tuition Scholarship

Value: Varies | Number: 1

A number of scholarships are awarded to students continuing in the Bachelor of Commerce program. Scholarships are based on the GPA in the required 300-level commerce courses. A student must have completed all 300-level core commerce courses to be eligible for this award.

Tim Price Scholarship in Entrepreneurship*

Value: Varies | Number: Varies

One or more scholarships are awarded to academically outstanding students in the Peter B. Gustavson School of Business who are in the Entrepreneurship Program. 

This scholarship may be awarded to a graduating student.

Victoria B4B Entrepreneurship Award

Value: $1,000 | Number: 1

One award of $1,000 to be given to a graduating Bachelor of Commerce student from the Peter B. Gustavson School of Business who has completed the Entrepreneurship Specialization, demonstrates a strong interest in entrepreneurship and/or small business and has launched, or wishes to launch, a business in the Greater Victoria Area. Students will be nominated by the Entrepreneurship professors in their final semester (May - August).

The nomination and selection will be evaluated on the following criteria:

  • venture viability;
  • likelihood of venture launch;
  • student or student team capability and commitment to the venture, and;
  • academic performance in the Bachelor of Commerce Entrepreneurship Specialization.  


Approval of the recipient will be made by the Senate Committee on Awards upon the recommendation of the Peter B. Gustavson School of Business.

Victoria Real Estate Board Past Presidents Scholarship

Value: $1,000| Number: Varies

A scholarship of $1,000 or two scholarships of $500 are awarded to academically outstanding undergraduate students enrolled in the Peter B. Gustavson School of Business.

Weston Family Scholarship in Hotel and Restaurant Management*

Value: Varies | Number: Varies

One or more scholarships are awarded to academically outstanding undergraduate Bachelor of Commerce students who are either entering the third year from an approved two-year Canadian Hospitality Diploma program or who are entering their fourth year specializing in Service Management. Eligible students must also be Canadian citizens.