The University of Notre Dame is working with the nonprofit organization Girls Who Invest in an effort to boost the number of women in leadership positions in the asset management industry. As part of the partnership, the school’s Institute for Global Investing will next summer host 50 young women participating in the 2018 Girls Who Invest Summer Intensive Program.
The school says the number women investment managers in asset management has decreased from 10 percent in 2009 to less than 7 percent today. The collaboration aims to address that issue through providing women with an educational program, hands-on internship experience and industry support.
In addition to asset management, the four-week program at Notre Dame will cover ethics, presentation skills and interview preparation. After completing the program, Girls Who Invest will connect the sophomore and junior students with six-week paid summer internships at asset management firms.
"Diversity is a key tenet of the mission of Mendoza, as well as for developing visionary leaders who can meet the challenges of the rapidly changing global marketplace," says Mendoza College of Business Dean Roger D. Huang. "Our partnership with Girls Who Invest will help us meet a significant need in the finance industry by educating young women to take on roles that they may not have considered previously."
Girls Who Invest, which was founded in April 2015, says its goal is to have 30 percent of the world’s investable capital managed by women by 2030.