Goldman Sachs Introduces New Diversity Programs for High School Students
Goldman Sachs’ Diversity Recruiting team has introduced two new early outreach initiatives – Ron Brown Scholars and Goldman Sachs LaunchPAD to enhance the firm’s commitment to identifying and developing diverse talent.
“The Diversity Recruiting team has long worked with programs geared towards college students, but we’ve recognized an untapped opportunity to engage with students even earlier, exposing them to career opportunities in the financial services industry while preparing them for success in high school, college and beyond,” says Cindy Joseph, vice president, Diversity Recruiting.
The Goldman Sachs Ron Brown Scholars, a partnership between the firm and the Ron Brown Scholars Program, reaches out to students before they have entered college, awarding talented, black high school seniors with up to $40,000 in scholarship money and mentorship by Goldman Sachs professionals. Goldman Sachs selects 10 Ron Brown Scholar finalists each year as recipients and our first 10 scholars will be starting college at the end of the summer, attending such elite universities as Stanford, Yale, University of Pennsylvania and Massachusetts Institute of Technology (MIT).
Goldman Sachs LaunchPAD, developed in partnership with LEAD, nurtures even younger students through a three-year college and career readiness program that begins the summer before their junior year in high school and continues through their freshman year of college.
Goldman Sachs LaunchPAD, which is accepting applications until June 25, kicks off with a week long program this summer followed by a three-year curriculum including 10+ day-long college preparation and career-readiness symposiums. The inaugural class will arrive at New York University on July 19. They will experience living and attending classes on a top college campus while also attending a one-day symposium at Goldman Sachs where they will connect with a mentor who will support them throughout the program.
“While various divisions of Goldman Sachs have supported partner programs geared towards high school students, including Girls Who Code, The Wall Street Fast Track Program and FIRST, LaunchPAD is unique in that we have developed it in-house,” says Cindy Joseph. “All symposiums take place at Goldman Sachs with Goldman Sachs professionals, allowing us to develop a deeper connection with young, talented students than ever before.”
LaunchPAD students will have the opportunity to seamlessly transition into the firm’s Undergraduate Camp as college freshmen, and then may apply for a sophomore summer internship, providing them with up to six years of guidance from Goldman Sachs professionals as they move towards successful careers.
Apply to Goldman Sachs LaunchPAD
Program Dates: July 19 – July 25
Location: New York University
Application deadline: June 25, 2015
How to apply: To apply to the program, please visit leadprogram.org/gslaunchpad.
Eligible Students Must Be:
- Current high school sophomores (rising high school juniors graduating in 2017)
- Black, Hispanic/Latino or Native American
- New York City area residents
A minimum cumulative GPA of 3.0 on a 4.0 scale or a B average is required.
Apply to be a Goldman Sachs Ron Brown Scholar
Application Deadline: January 9, 2016
How to Apply: To apply to the program, please visit ronbrown.org beginning in August 2015.
Eligible Students Must Be:
- Current high school seniors
- A US citizen or permanent resident
- Able to demonstrate academic excellence, community service participation, leadership potential and financial need