Awarded annually by the Dean of Graduate Studies and Research on the recommendation of the Dean of the Sprott School of Business to an outstanding graduate student who is pursuing research in the area of finance and accounting. This award was established by Mr. Kailash (Kelly) Mital of Ottawa in the name of his grandson, Kyle and his daughter-in-law, Monica, in honour of his late father Mr. Faqir Chand Mital, Advocate of Chandigarh, Punjab, India. Endowed in 2004.