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Overview

The NAIC MBA Fellowship Program is a paid fellowship that connects second-year MBA students from ethnically diverse backgrounds with NAIC member firms across private equity, venture capital, growth equity, private credit, real estate, hedge funds, and secondary funds. The program runs from early September through the end of April and is fully virtual, allowing nationwide participation.

Investment focus

The fellowship aims to expand diversity within the alternative investment industry by connecting talented emerging professionals with established investment firms. The program focuses on providing mentorship opportunities and real-world experience in this capital-intensive sector.

Program details

Applicants should highlight their commitment to a career in alternative investments and any relevant experiences in finance or investment.

Who it is for

Eligibility requires being a second-year MBA student with an ethnically diverse background and a commitment to a career in alternative investments.

Check if you are eligible

Check your eligibility for NAIC MBA Fellowship Program

Admissions and application

The program is open to second-year MBA students who are currently enrolled, come from ethnically diverse backgrounds, and have a focus in Finance.

Benefits

Participants develop a deep understanding of alternative investment trends, gain real-world exposure to diverse-owned investment firms, and build networks within the alternative investment community.

Timeline

The fellowship lasts for 10 months, from early September to the end of April, requiring a minimum commitment of 10 hours per week.

How to go about it

  1. Read what it asks for

    Who can apply, how people get in and whether it is open right now.

  2. Have something to show

    Programs pick people whose work they can already point to. Put yours where it can be found.

  3. Apply the way the program asks

    The program has not published how to apply. Terms and dates change. Check the official page before you act.

What it pays

Fellows receive a monthly stipend of $3,000, totaling $30,000 over the course of the 10-month program.

Questions about this program

Who can apply for the fellowship?

The fellowship is open to second-year MBA students from diverse backgrounds.

Is the program remote?

Yes, the program is fully virtual and accessible nationwide.

About National Association of Investment Companies (NAIC)

National Association of Investment Companies (NAIC)

Trade Organization

Advocating for diverse-owned investment firms.

Lists that include this program

From public sources

What the sources say about NAIC MBA Fellowship Program

Alpaca Ventures Fellowship logoFellowship

Alpaca VC

Join Alpaca VC's immersive summer fellowship for aspiring venture capitalists.

Location
New York City, United States
Format
In Person
Andav Capital Venture Fellowship logoFellowship

Andav Capital

Empowering underrepresented founders through a diversity-first investment approach.

Location
New York City, New York, United States
Format
Remote
Collide Capital Fellowship logoFellowship

Collide Capital

Empowering the next generation of Black venture capital leaders.

Location
United States
Format
Hybrid
Deadline
Aug 21, 2026

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