HSBC's 10 Year Record of Outstanding Support for Futures and Options Internship Program
In October 2006, HSBC provided its first grant to Futures and Options to support paid, mentored internships for high school students from George Westinghouse CTE High School. The Futures and Options internships were open to juniors and seniors; and in that first year, 13 students were accepted into the program. They worked as interns at 10 New York City nonprofit organizations in spring 2007 while attending Futures and Options career-readiness trainings. Throughout the 10 years, HSBC increased its financial support for this program, now making it possible for 40 students each year to gain first-hand work experience as interns. We are immensely grateful to HSBC for its foresight in recognizing the critical need for young people to gain access to the training to prepare them for the professional work world and paying jobs and for its continued generosity. This year's 40 interns will finish working by the end of June, marking the close of the 10th year of the program. Since 2006, 263 students have been Futures and Options interns thanks to HSBC's support.
HSBC continually goes above and beyond in its support. Volunteers with the bank host career exploration field trips to HSBC, teach financial literacy, and mentor the interns. Each year, HSBC's Asian & Pacific Islanders Committee (APIC) philanthropy committee holds much-anticipated financial literacy event for students at the bank's New York City corporate headquarters. Interns tour of the trading floor, which is always exciting, and watch portions of Your Life, Your Money, an HSBC-sponsored financial education documentary produced by PBS. The students can ask questions of a panel of HSBC employees from diverse areas of the company. The panel discussion reinforces the fundamental financial literacy concepts discussed in the film, and encourages the students to take charge of their financial futures.
Intern Dillon Mohamed said, "After our workshop at HSBC, I am now able to understand the various parts of maintaining and managing my finances. I was basically lost about what to do with my earnings and the information that HSBC shared with me and my colleagues was valuable to each and every one of us."
This year, seven HSBC employees served as mentors to our fall interns. They participated in three in-person events with our staff and their mentees, and maintained regular contact with their mentees for the duration of the internship.
Our city's young men and women need the right education, training, work experience and mentoring to be successful in school and in a career. With HSBC's support and commitment, we are continuing to help build a strong and diverse entry-level workforce and launch eager, hard-working young people on career paths that change their futures. Thank you to HSBC for its commitment to the community and to bettering the lives of those in need and for the generous spirit of HSBC's employees.