RELEASE: Treasury Announces Fellowship Program For Women In Finance

Today Treasurer Deb Goldberg announced her newly created “Massachusetts Women in Finance Fellowship.” The initiative places Massachusetts women undergraduate students into finance related internships. The Fellowship is the first of its kind within State Treasury.

“Women continue to graduate from college and universities at a higher rate than men, but they are still underrepresented in traditionally higher paying jobs, like those in the financial services industry,” said Treasurer Deb Goldberg. “The inaugural fellowship program will provide talented women with the professional development and mentoring that will help launch their careers.”

The Women in Finance Fellowship seeks to identify and foster female talent for the financial services industry, build a network and pipeline for women in finance, and advocate for the placement of women in leadership roles. The Fellowship will help recruit, retain, and foster female talent, and promote awareness of the benefits of hiring women at all levels of management.

The Treasurer’s Office of Economic Empowerment will assign accepted fellows to departments within Treasury and each Fellow will be matched with a mentor. The deadline for candidates to submit an application is April 8. The program begins in June and will run for 10 weeks. For more information and to apply to be a part of the fellowship please visit www.mass.gov/treasury/womeninfinance.

Treasurer Goldberg created the Office of Economic Empowerment (OEE), led by a deputy treasurer, with the deliberate goal of implementing a range of economic empowerment initiatives, including closing the gender wage gap, increasing access to financial education, improving college affordability, and investing in STEM careers and education.

For more information on the Office of Economic Empowerment visit www.mass.gov/treasury/empowerment or follow the hashtag #EmpowermentMA.