2021-2022 NAIC MBA Fellowship

Established in 1971, the National Association of Investment Companies (NAIC) is the trade association for diverse owned-private equity firms and hedge funds. NAIC’s membership consists of over 110 firms representing over $191 billion in assets under management (AUM). For additional information about the NAIC, visit http://www.naicpe.com.

The NAIC MBA Fellowship is designed to introduce female and/or diverse second-year MBA students with a focus in finance to the universe of diverse-owned private equity firms and hedge funds. Fellows will gain knowledge and understanding of relevant issues and opportunities within the industry.

Desired Qualities

  • Exceptional team member with a focus on a career in private equity or the hedge fund industry
  • High performing communicator, both written and verbal
  • Passionate about increasing diversity and inclusion in financial services
  • Responsive and committed to excellence in the execution of responsibilities
  • Skilled at research, modeling and developing high quality, data-rich presentations

Structure and Compensation
The MBA Fellowship is a 10-month compensated fellowship; each year we will engage two second-year MBA students as a Fellow. Fellows will be compensated at a monthly rate of $3,000.00, or a total program cost of $30,000. The stipend is payable either directly to the Fellow or to their business school to cover a portion of tuition. Fellows will be required to work a minimum of 10 hours per week on NAIC assignments. Fellows will report to NAIC’s Executive Vice President. Due to the unprecedented response to the COVID-19 pandemic, the Fellowship will be 100% virtual unless stated otherwise. Travel would only be required for special NAIC meetings and travel expenses will be covered by NAIC.

THE RESPONSIBILITIES OF THE FELLOW WILL INCLUDE BUT NOT BE LIMITED TO:

  • Research on the Capital Allocator landscape, NAIC Member Firms, Emerging Manager programs across the country, and other relevant subject areas
  • Data aggregation and complex presentation development
  • Research and identification of potential NAIC members in the Private Equity and Hedge Fund sectors
  • Development of a database of top diverse talent for relevant opportunities on portfolio company boards, as operating executives, and other positions relevant to our membership and stakeholder base

The 2021-2022 Fellowship period begins on September 7, 2021 and will end on June 30, 2022.

To apply, all interested applicants should submit a 1-2 page resume directly to MBAFellowships@naicpe.com.

Click here for additional information about NAIC.

By MIT Sloan CDO
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