The ICD-Rotman DEP Diversity Scholarship aims to facilitate the development of diverse representation in boardrooms across all sectors of the Canadian economy by providing access to governance education to advance and strengthen directors' contributions to Canada's boardrooms and beyond. This scholarship program has been made possible by the Institute of Corporate Directors (ICD), the Rotman School of Management, and their network of partner business schools across Canada.
Those who are awarded scholarships will be enrolled in the ICD-Rotman Directors Education Program, will have their application, tuition and examination fees waived.
There are, on average, 15 scholarship opportunities annually, with one scholarship awarded for each cohort of the ICD-Rotman DEP.
Eligibility
Consideration for ICD-Rotman DEP Diversity Scholarship is contingent on meeting the below eligibility criteria for admission to the DEP:
1. Complete a DEP application and meet the DEP admissions requirements. Click here to review admission criteria and apply for the DEP.
2. Demonstrate financial need
3. Self-identification within the diversity eligibility criteria:
- Women
- Indigenous Peoples
- Persons with visible or invisible/episodic disabilities
- Members of racialized communities
- Those identifying as from the 2SLGBTQI+ community
4. Contributing to the balance of diversity and experience within the class mix.
Note: consideration will be given to the intersectionality of criteria in section 3.
*IMPORTANT: Your Scholarship application will only be considered complete once you have submitted your DEP course application and paid the application fee.
Application and Review Process
Before filling out the online DEP scholarship application form and submitting all necessary documentation as directed, be sure you meet both the DEP eligibility and the scholarship requirements listed above.
The DEP Diversity Scholarship offers three application intakes throughout the academic year—Fall, Winter, and Spring—to accommodate a wide range of applicants. Each intake consists of multiple cohorts, with a specific application intake deadline date.
| Intake Period: | DEP Cohorts: | Deadline Date: |
| Fall | Toronto DEP 121, Toronto DEP 122, Toronto DEP 123, Calgary DEP 42, Vancouver DEP 29, Halifax DEP 7 and Winnipeg DEP 7 | September 15, 2025 |
| Winter | Toronto DEP 124, Toronto DEP 125, Toronto DEP 126, Calgary DEP 43, Virtual DEP 10 | December 10, 2025 |
| Spring | Montreal DEP 25, Vancouver DEP 30, Edmonton DEP 20 | January 30, 2026 |
Applications for each DEP offering collectively evaluated by the DEP Admissions Committee and the DEP Scholarship Review Committee. Candidates will receive a notification of the Committees’ decisions by email approximately one month before their determined and program-allocated start date.
Scholarship candidates are evaluated based on financial need and self-identification within the diversity criteria. Only those applicants who meet the DEP eligibility and scholarship requirements will be considered for the ICD-Rotman DEP Diversity Scholarship. To protect the privacy of scholarship applicants and recipients, their identities (as scholarship applicants) will not be disclosed outside of the Review Committee.
What the Scholarship Includes
Successful applicants will receive:
- Full coverage of tuition and the ICD.D examination fee
- A refund of the DEP application fee A complimentary one-year membership to the ICD.
Application Checklist:
To be considered, applicants must submit:
- A completed DEP Diversity Scholarship Application
- A completed DEP Application
- DEP Application Fee paid
Scholarship supported by
