Howard University Steps Up To Place Its Graduates In Lucrative Finance Careers

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Jeffrey McKinneyTue, Jul 22, 2025, 6:00 PM 6 min readThe HPS Center for Financial Excellence (HPS-CFE) at the Howard University School of Business has a lofty goal: Become a major player in positioning its graduates in the potentially lucrative financial services industry.The HBCU aims to be viewed in the same light as other powerhouse business schools by helping to secure above-average finance roles for its graduates within the next four to five years. That is a desire for Curtis Kidd Telemaque, Ph.D., and director of HPS-CFE.“The HPS Center was created to intentionally correct the skew from back office only positions to client-facing roles that require a highly technical skillset. As such, the center’s strategy has been to merge theoretical financial concepts taught in class with practitioner-led extra-curricular modules.”LOCATING STUDENTS IN ROLES THEY HAVE BEEN NEGLECTED FROM  The Washington, D.C.-based school is boosting efforts to help HBCU students land future careers in investment banking, alternative finance, and asset management. Black students, especially those from HBCUs, have long not been equally represented in such high-paying roles.Research shows that graduate hiring at global banks, like those based in New York, has just 0.5% of senior investment bankers who are Black. Another report reveals that minority- and women-owned firms manage just 1.4% of the roughly $82 trillion in U.S. assets under management, despite performing on par with industry averages.Now, Howard‘s business school wants to help change these statistics.SCORING HIGH-PAYING JOBS NEAR TIMES SQUARE AFTER GRADUATIONHelping change the narrative are Dylan Thomas and Jessica Barnes. They are now earning or about to earn “six-figure” salaries working at mega companies near Times Square in New York City.After completing an internship at Barclays last summer, Thomas joined one of Wall Street’s most influential investment banks. He was just hired as an investment banking analyst at Barclays, stating his pay is “definitely more than I have ever made.”“Essentially, if a tech media or telecommunications company finds itself in debt, they call my team, we lend them some money, and then we charge them for that money that they borrowed,” Thomas told BLACK ENTERPRISE.He says HPS-CFE supplied him with mentorship, exposure, and experience to help find his footing in the financial services industry.Thomas reflected on how current and future students can benefit from a $10 million gift announced in 2021 by HPS Investment Partners and The Kapnick Foundation to create the HPS-CFE. You can learn more about the center and investment here. The project remains in progress, as Dr. Curtis Kidd Telemaque, who became the HPS-CFE director in 2021, continues to work with students.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,297.26 -8.34 (-0.13%)Dow 3044,360.66 +37.59 (+0.08%)Nasdaq20,879.50 -94.67 (-0.45%)Russell 20002,244.21 +13.07 (+0.59%)VIX16.86 +0.21 (+1.26%)Gold3,439.00 +32.60 (+0.96%)PortfolioSign in to access your portfolioSign inTop gainersMEDP Medpace Holdings, Inc. 474.87 +165.99 (+53.74%)NEGG Newegg Commerce, Inc. 31.09 +4.75 (+18.03%)IQV IQVIA Holdings Inc. 187.12 +28.16 (+17.72%)DHI D.R. 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