Carnegie Mellon University Receives Continued Support from Squarepoint Foundation

Carnegie Mellon University’s Master of Science in Computational Finance (MSCF) program is thrilled to announce a generous $100,000 donation from the Squarepoint Foundation for the second consecutive year. This new gift will enable the MSCF program to expand its fellowship support to five students, up from four in 2023, further enhancing the program’s ability to attract and support top talent in the field of quantitative finance.

This year, the Squarepoint Foundation has chosen to focus its support on students who have matriculated from minority serving institutions. This decision aligns with the foundation’s mission to support underrepresented groups, including low-income students, women, and Black students. By targeting this demographic, the foundation aims to foster greater diversity and inclusion within the quantitative finance industry.

Executive Director, Bob Simon, recently expressed his gratitude: “We deeply appreciate Squarepoint Foundation’s continued support of our program. Their steadfast dedication to fostering diversity in STEM education is truly inspiring. This generous contribution not only eases the financial challenges faced by our students but also highlights the critical role that diverse viewpoints play in advancing innovation and excellence within the finance sector.”

Traditionally, the Squarepoint Foundation has focused its efforts on universities as a means to help increase access to education. In more recent years, the foundation has also begun supporting STEM programs at the high school and middle school levels. Their efforts to build relationships across the educational spectrum underscores their broader commitment to nurture talent and promote equity in education.

The MSCF program at Carnegie Mellon remains a leader in quantitative finance education, and with the ongoing support of the Squarepoint Foundation, it continues to pave the way for future leaders in the industry.