Goldman Sachs Pledges $25 Million to Historically Black Colleges

The transcript discusses Goldman Sachs' $25 million commitment to historically black colleges and universities (HBCUs) and the broader push for racial equality in the financial industry. It highlights a shift in recognizing black talent and the importance of creating a diverse pipeline. The program includes a four-month finance course for HBCU students, aiming to double the number of HBCU analysts by 2025. The speaker shares personal experiences and emphasizes the need for sustained efforts in achieving racial equity.

What is the amount of Goldman Sachs' commitment to historically black colleges and universities?

• $100 million

• $50 million

• $25 million

• $10 million

What is the duration of the finance fundamentals program offered by Goldman Sachs to HBCU students?

• Two months

• Six months

• Three months

• Four months

What is one potential outcome if the financial industry does not improve its diversity pipeline?

• Higher salaries

• Increased profits

• More internships

• Legal quotas

By what year does Goldman Sachs aim to double the number of HBCU analysts they hire?

• 2023

• 2024

• 2025

• 2026

What is essential for the success of racial equity efforts according to the transcript?

• Sustained and multi-year commitment

• Episodic efforts

• Immediate results

• Short-term goals