NEW YORK–(BUSINESS WIRE)–UBS Americas at the moment introduced a significant milestone of their UBS NextGen Leaders program – the end result of their five-year UBS-SEO Faculty Students program celebrating the achievements of 121 younger males of colour. The UBS-SEO cohort is on monitor to attain a 90% six-year commencement charge, a stellar end result in comparison with the typical nationwide commencement charges of 20% for low-income college students and 60% for all college students.
Among the many UBS-SEO Faculty Students are a category valedictorian, a Fulbright Scholar, a New York Metropolis City Fellow, PhD candidates in Chemistry and Biology, college students who’ve been accepted into graduate faculty and others taking full-time positions throughout a wide range of industries, together with many in monetary companies.
“Along with all of my UBS colleagues throughout the US, it has been extremely significant and galvanizing to look at our Students’ journeys to and thru school,” stated Bob McCann, Chairman UBS Americas. “Their accomplishments underscore the essential indisputable fact that when expertise and dedication meet alternative and entry, the potential for achievement is limitless. Witnessing their transformations over the course of this program has been probably the most rewarding experiences of my profession, and I do know they’ll encourage future college students to emulate their success.”
This system was constructed upon SEO’s already-successful eight-year mannequin with the intention of piloting a five-year program the place college students obtained individualized advising, worldwide expertise, management improvement and internship and profession preparation.
“SEO and UBS joined forces as a result of we each consider that younger males of colour deserve a high quality schooling and a university diploma. The optimistic outcomes of this initiative show as soon as once more that when underserved, hard-working youth are supplied with a possibility, they triumph,” says William Goodloe, President & CEO of SEO. “We hope our UBS-SEO partnership will encourage others to put money into underserved younger folks – making a stronger, extra modern, and globally aggressive America.”
Since UBS unveiled its $10 million dedication to determine UBS NextGen Leaders 5 years in the past – a brand new initiative for enhancing school success amongst under-resourced populations – it has empowered college students with the abilities, information and expertise wanted to achieve school and compete within the international market.
“Impressed by the My Brother’s Keeper initiative, in partnership with SEO Students, we had the chance to assist a particular cohort of younger males of colour attending public excessive colleges right here within the tri-state space. 5 years later, we couldn’t be extra happy with our UBS-SEO Students and their unimaginable achievements,” stated Jamie Sears, Head of Group Affairs & Company Accountability, UBS Americas. “Our Students aren’t the exception, although. There are exponentially many extra motivated younger folks with the identical potential however lack entry to some of these packages.”
Along with offering funding for this system, greater than 300 UBS staff volunteered throughout Winter and Summer time Institutes to assist Students consider profession paths, improve their resumes, enhance their interviewing abilities, and find out about numerous roles inside the monetary companies business. Students have interned in UBS places of work in New York Metropolis, Weehawken, Nashville, and Washington D.C., and two Students have joined UBS full-time.
Different program highlights embody:
Educating 1,000 college students from the preliminary applicant pool and their mother and father in school entry and monetary help workshops provided within the first yr
Exposing the cohort to international views by means of participation in summer season experiences and worldwide excursions to 15 nations together with Argentina, Botswana, France, Thailand and Vietnam.
Offering 4,878 hours of individualized advising targeted on educational, social, and profession assist
Notes to Editors
UBS offers monetary recommendation and options to rich, institutional and company purchasers worldwide, in addition to personal purchasers in Switzerland. UBS’ technique is centered on our main international wealth administration enterprise and our premier common financial institution in Switzerland, enhanced by Asset Administration and the Funding Financial institution. The financial institution focuses on companies which have a powerful aggressive place of their focused markets, are capital environment friendly, and have a sexy long-term structural progress or profitability outlook.
About SEO Students
Based in 1963, SEO’s mission is to shut the tutorial and profession alternative hole for younger folks of colour from underserved and underrepresented communities. SEO’s 4 signature packages create an ecosystem of excellence. SEO Students is an eight-year educational program that efficiently educates and mentors low-income public highschool college students in NYC and San Francisco to get to and thru school — with a 90% school commencement charge. SEO Profession is the nation’s premiere coaching and internship program for high-achieving Black, Hispanic, and Native American school scholar, with 80% of SEO Profession Interns incomes fulltime job provides from SEO companions previous to graduating school. SEO Regulation is the nation’s solely paid, pre-law, educational and fellowship program, that creates a expertise pipeline of pre-law college students of colour to enter elite international regulation companies. SEO Different Investments offers schooling, publicity, coaching, and mentorship to gifted people underrepresented in different investments, with 90% of Fellows securing fulltime roles within the sector.