Females in Finance
Who we are:
Females in Finance is an organization created and run by female students. This organization was created in New York City to address one problem: gender inequality in the business world. Finance is a male-dominated field, and people often have the misconception that females are not interested in finance. However, this is false. Instead, it is because young girls are not given the chance to pursue their interests in this industry. Therefore, Females in Finance was created to be a welcoming space for those who are traditionally left out of the field. Our mission is to help the next generation become financially literate one girl at a time.
We are published in multiple news outlets!
Riverdale Press: 'Fab Four' of Fieldston are Females Finance Forerunners
Bronx Daily: Females in Finance
Fieldston News: Females in Finance (Fieldston News Article)
Did you know?
Bloomberg Gender-Equality Index (GEI)
The Bloomberg Gender-Equality Index (GEI) tracks the performance of the public companies most committed to advancing women globally. As investor demand for ESG products increases, the index represents an important opportunity for companies to attract new capital and widen their investor base. A growing number of companies are using their inclusion on the index to demonstrate their commitment to advancing equity. The 2019 index includes 230 companies headquartered in 36 countries and regions. The data reported by these companies represents a workforce of over 15 million people, including 7 million women around the world.
SPDR SSGA Gender Diversity Index ETF (Symbol: SHE)
SHE was launched in March 2016 and seeks out companies that employ women in high-level leadership roles. The fund evaluates the 1000 largest US firms for the ratio of women on the board of directors and in executive positions (defined as Sr. VP or higher). Companies ranking in the top 10% in each sector are included in the portfolio, with the caveat that each firm must have at least one woman on its board or as CEO. Holdings are market cap-weighted. Selecting firms by sector and weighting them by market cap means that SHE's performance shouldn't depart radically from the broad market, appealing to investors who want neutral large-cap coverage while still supporting the fund's principles.