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What the Women in Finance Fellowship offers

The Women in Finance Fellowship offers women the opportunity to learn first-hand the ins and outs of financial career paths.

Women in Finance Fellows will be provided with the professional skills they need to launch their careers in finance, and will benefit from a mentoring program designed to help them navigate the industry.

Program Details

The Fellowship is open to female-identifying undergraduate students attending an institution of higher education located in Massachusetts or female-identifying undergraduate students who reside in Massachusetts but attend an institution of higher education located in the United States but not in Massachusetts.

The Massachusetts Women in Finance Fellowship is a paid Fellowship opportunity for young women interested in entering the financial services industry. In 2016, it debuted as the first Fellowship of its kind sponsored by a government organization. The purpose of the program is to identify and foster female talent for the financial industry, build a network and pipeline for women in finance, and advocate for the placement of women in leadership roles.

Fellows accepted into the program will be assigned to departments within the Massachusetts State Treasury or to quasi-agencies chaired by the Office of the State Treasurer: Debt Management, Massachusetts State Lottery Commission, Massachusetts School Building Authority, and the Massachusetts Pension Reserves Investment Management Board. Each Fellow will be assigned to a specific mentor within the department, who will meet with them regularly throughout the program. Fellows will be provided with the professional skills they need to launch their careers in finance, and will benefit from a mentoring program designed to help them navigate the industry.

In addition to professional experience, Fellows will be offered leadership programming and be given the opportunity to attend Office of Economic Empowerment events, including informational seminars, resume workshops, financial education discussions, and other professional development opportunities.

As of 2019, the Women in Finance Fellowship includes a public-private partnership with Ernst and Young. Well known for its dedication to diversity and positive workplace culture, EY will provide a female private sector adviser to each of the Fellows for additional guidance, networking, and mentorship.

Fellowships are scheduled to run during the summer. Fellows will receive a stipend, and are required to commit to 37.5 hours per week. Approximately five (5) Fellows are accepted into this highly competitive program.

Applying for the Fellowship

Applications for the 2020 Summer Women In Finance Fellowship are now closed.

Contact empowerment@tre.state.ma.us with any questions about the fellowship or application.

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