About the Scholarship

Founded in 2021, the program began with a commitment of $1 million total, but is now expanded to $2 million. Students in good academic standing and currently enrolled as sophomore undergraduates, or first year Masters or PHD students, are invited to apply. Students will be selected to receive a $20,000 scholarship each.

PIMCO's Future Leaders Scholarship is designed for Black and Hispanic/Latino/a/x students who have an interest in investment management and wish to pursue a career in finance by way of continued education. Scholarships will be awarded to candidates who have the potential to excel as leaders and exhibit PIMCO's core values of collaboration, openness, responsibility and excellence.

Details of the Program

• Eligibility Criteria

  1. Identify as Black or African-American and/or Hispanic/Latino/a/x

  2. Undergraduates currently enrolled in an accredited U.S. college or university as a sophomore, in good academic standing (graduating between December 2024 - June 2025)

  3. MBA or Masters students entering the 1st year of their U.S.-based program (proof of admittance & intention to attend will be required)

  4. Ph.D. students currently enrolled in a U.S. institution, in good academic standing

• Application Timelines

  • Undergraduate students may apply between November 14, 2022 and January 15, 2023.

  • Advanced degree students may apply between January 16, 2023 and March 19, 2023.

• Interview Timelines

  • Undergraduate student interviews will take place in late January to late February 2023.

  • Advanced degree student interviews will take place in late March to late April 2023.

Additional Scholarship Opportunity

Former and future recipients are also eligible to receive an additional $20,000 award (for a total of $40,000) if they successfully complete an internship at PIMCO and accept a full-time role with the firm. More information will be shared with those who qualify.

In-Person Event

As part of the scholarship experience, recipients will be invited to visit our Newport Beach office headquarters, where they can network with peers and PIMCO’s senior leaders, experience an immersive learning environment, and even enjoy fun SoCal activities. A reception will be held in May 2023 to award recipients with their scholarship, and to celebrate their future as the next generation of financial leaders.

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.