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Wellington HBCU Scholars Program

“At Wellington you will find the entrepreneurial spirit of a small firm and the resources of a large organization. The result? A positive environment where talented professionals can thrive and grow.”

What is the HBCU scholars program?

Historically Black Colleges and Universities (HBCUs) are known for being stellar institutions with long histories of academic excellence, intellectual rigor, cultural dexterity, societal impact, and for producing generations of influential leaders. As a global asset management firm, Wellington Management is committed to diversity, equity, and inclusion. We believe it is a major driver of our ability to deliver better investment results, innovative solutions, world class service for our clients and enable diverse communities to advance. Our shared goal alongside HBCUs will be to positively impact Black lives and communities by enabling access to education, empowering careers, fueling the economy and developing generations of successful Black investment and business professionals.

The Wellington HBCU Scholars Program consists of a merit-based scholarship award granted annually to students. Our scholarship awardees will have two internship opportunities following their sophomore and junior year.

The multi-pronged Wellington HBCU Scholars Program will consist of

  • Up to a $15,000 renewable annual merit-based scholarship which, will be applied to junior- and senior-year tuition
  • Two paid summer internships after the scholar’s sophomore and junior years commencing in June 2023
  • Opportunities to participate in campus events, student case competitions, peer mentoring, and sponsorship with a Wellington leader

The Wellington HBCU Scholars Program is open to full-time students who are sophomores and/or juniors majoring in business, economics, finance, accounting, technology, liberal arts, and STEM (science, technology, engineering, and mathematics) programs. Wellington HBCU scholars are also eligible for the firm’s student housing stipend to help offset the costs of travel and room and board during their internship.

Once applications are reviewed, selected students will be scheduled for an  internship interview with a hiring manager and their respective team.  Interviews will commence first week of November 2022 and awards will be announced by mid-November 2022.

Our paid internship opportunities are available across many areas of the firm, including:

  • Client Group
  • Equity Research
  • Fixed Income Research
  • Global Accounting & Finance
  • Global Trading
  • Investment Services & Technology
  • Legal & Enterprise Risk
  • Tax Services

The application process includes:

  • Résumé
  • Academic transcripts
  • Response to two essay questions 
  • One letter of recommendation

Who can apply?

The Wellington Scholars Program is open to full-time HBCU students who are sophomores and/or juniors majoring in business, finance, accounting, liberal arts, technology, and STEM programs.

Scholarship eligibility

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  • Currently enrolled in an undergraduate degree program offered by an accredited HBCU 
  • Overall GPA of 3.0 and meets academic progress standards as defined by the college or university 
  • A US legal resident, citizen, or eligible noncitizen under Federal Title IV regulations 
  • Earn at least a “meets expectations” rating in a 10-12-week summer internship

What to expect

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  • Two weeks after the application deadline, selected students will be contacted to schedule virtual interviews with hiring managers and their respective team.
  • Final decisions will be communicated both verbally and in writing approximately four weeks after interview.

Contact us

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If you have additional questions, please get in touch!