Roosevelt University Announces Fellowship Program for Finance Students

Bloomberg Terminals at Schaumburg

CHICAGO–(ENEWSPF)–May 14, 2015.  A $132,000 gift from the Clearing Corporation Charitable Foundation will enable 20 undergraduate finance students each year in Roosevelt University’s Heller College of Business to participate in a new training and internship program that will prepare them for careers in the finance industry.  The gift also will support Heller College’s trading room and Bloomberg terminals (pictured above).  

Heller College Dean Joseph Chan said the fellows scholarship program will target first generation college students or students who belong to underrepresented groups, in line with Roosevelt’s social justice mission.

“This innovative program will ultimately lead to job placements with financial organizations for our students,” Chan said.  “Because of the Clearing Corporation’s thoughtful gift, Roosevelt students, the Heller College and businesses in Chicago and other cities will benefit.”

This is the second major gift the college has received from the Clearing Corporation Charitable Foundation.  Last year, it received $200,000 for a new trading room and Bloomberg terminals.  Part of this year’s gift will also support the terminals and trading room.

Students selected for the competitive program will participate in professional development workshops, attend Finance Professional Speakers Series and receive training on Bloomberg terminals.   After obtaining the Bloomberg User Certificate, they will be placed in internships with organizations such as the Options Clearing Corporation, Chicago Board Options Exchange, CME Group, banks and brokerage houses.

Tanweer Hasan, the Rolf Weil Professor of Finance in the Heller College, was appointed the founding executive director of the Clearing Corporation Charitable Foundation Fellows Program. He said the first cohort of 20 students would be selected in the fall semester for internship placements in the spring and summer semesters.