The Economic and Social Research Council (ESRC) and The Alan Turing Institute are pleased to announce a second round of the Joint Fellowship Scheme aimed at driving forward the development and application of cutting-edge data science to study major societal challenges.
This second joint call will focus on FinTech.
FinTech can be broadly defined as the application of new digital technologies to the delivery of financial services, covering advances in areas such as:
- Machine learning and artificial intelligence
- Blockchain technology
- Big data analytics
- Distributed systems, mobile payments, peer-to-peer application
Further details can be found in the call specification below.
Proposals are welcome from mid-career and senior social scientists from an eligible UK Research and Innovation (UKRI) Research Organisation (RO) with an interest in data analytics and associated fields and their application in financial services (‘FinTech’). Up to two studentships will be attached to each Fellowship and it is expected that these will work in cognate areas to that of the Fellow.
We are anticipating supporting up to three Fellows, depending on the quality of the proposals.
A minimum of 50% time commitment over the period of the grant will be required from the Fellow. We view these Fellows as a way of building data science across the social science base within the UK, and recognise that many research organisations (ROs) are already creating their own capabilities in this area. We therefore see this as an opportunity for the ESRC and Turing to partner with those ROs. For this reason, it is expected that half of the salary costs of the Fellowship will be met by the host institution.
Fellows are invited to submit proposals for up to 36 months, the costs submitted should be at 100% full Economic Cost (fEC). ESRC will contribute up to 80% of these costs. The remaining balance must be guaranteed by the host Research Organisation.
Please note: The ESRC will fund 60% of the Fellow’s salary at 80% fEC and the RO is expected to fund the remainder of the salary cost of the time committed to the Fellowship. (Please refer to the FAQs document for further details).
- The closing date for proposals is 16:00 on 5 September 2018.
- Shortlisted applicants will be required to attend an interview on 25 October 2018. Applicants must therefore be available on this date.
Appointed Fellows are expected to spend some time at the Turing headquarters in the British Library, London. This can involve participating in activities, sponsor events, and so on. This is seen as critical to developing links and potential further collaborations, promoting multi-disciplinary thinking at Turing, and in providing the necessary support for the PhD students that will be attached to the Fellowship.