For Institutions

To learn more about the EMIF program's history and structure, please refer to About EMIF.

Any U.S. endowment or foundation is welcome to inquire about joining EMIF if they are willing to meet the participation requirements below.

Any host institution must:

• Host at least one fellow for the dates spanning the EMIF program, including the Seminar and Fellowship

• Require their fellow to participate in all mandatory EMIF programming, including the Seminar, Manager Speaker Series, Thursday Forums, and Final Presentation

• Purchase the required reading materials for the Seminar for their fellow (estimated cost ~$50-75)

• Assign a summer project representing ~50% of the fellow's time on a topic of interest to all participating institutions and share their fellow's final presentation with the broader EMIF group

• Pay their fellow at least $27/hour

• At least one investment professional from each institution must attend the Final Presentation Day

• Notify EMIF of their intention to participate by October 1 (if participating in pooled recruiting) or January 15 (if running their own recruiting process)

Any host institution may:

• Participate in pooled recruiting or run their own recruiting process

• Host a fellow for additional time beyond the EMIF program dates

• Offer a summer housing stipend

How does recruiting work?

Host institutions have two recruiting options: pooled recruiting or self-recruiting. Most non-academic host institutions opt into pooled recruiting. Most academic host institutions choose to self-recruit directly from their undergraduate student population. 

Pooled recruiting occurs in the fall and is run in collaboration with institutions who opt into pooled recruiting. Institutions who opt in to pooled recruiting must indicate their commitment to participate and the number of fellows they will hire from the pool by no later than October 1. EMIF seeks to attract a diverse set of candidates to the program. To that end, EMIF sources candidates for the pooled recruiting class from over 20 private and public universities, including HBCUs, and through our partnership with SEO.

• Participating institutions agree to contribute to the recruiting process by participating in the interview process (approximately 3-5 total hours of interview time). 

• Participating institutions agree to host a specific number of fellows admitted to the EMIF program through pooled recruiting. 

• Once the pooled recruiting class is assembled, fellows will be placed with a specific host institution for the summer, based on institution and admitted fellow feedback. 

Self-recruiting institutions must indicate their intention to participate in EMIF by no later than January 15. At that time, we also ask self-recruiting institutions to provide an estimate of the number of fellows they expect to host.

Key Dates and Deadlines for Institutions to Participate in Summer 2024:

• Institutions must confirm participation for Summer 2024 program by no later than:

  • October 1, 2023 if participating in pooled recruiting

  • January 15, 2024 if self-recruiting

• The dates for the 2024 seminar and fellowship are below: 

  • 3-Day Introductory Seminar: June 5 - 7, 2024 (remote)

  • 8-Week Fellowship: June 10 - August 2, 2024 (in-person with host institutions)