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Lincoln Financial Group Partners with Morgan State University On Early Career Development Initiatives
Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary
Lincoln Financial Group (NYSE:LNC) has partnered with Morgan State University to enhance diversity in its workforce through professional development competitions. The first competition involved mentoring MSU students, resulting in internship offers and scholarships. The second, a coding event, has successfully recruited talent for Lincoln's IT organization. This collaboration aims to strengthen recruiting efforts among diverse student populations, providing them with practical experience and opportunities in the financial sector.
Positive
Partnership with Morgan State University to enhance diversity in workforce.
Successful mentorship program leading to internship offers and scholarships for students.
CodeLinc competition has recruited over 29 students into internships and full-time positions.
Negative
None.
Professional Development Competitions in the Company’s Distribution and IT Organizations Are Part of Lincoln’s Investment in an Increasingly Diverse Workforce
RADNOR, Pa.--(BUSINESS WIRE)--
As part of its ongoing efforts to invest in the future of talent and foster an increasingly diverse workforce, Lincoln Financial Group (NYSE:LNC) is partnering with Morgan State University (MSU), one of the nation's leading Historically Black Colleges and Universities (HBCUs) and Maryland’s Preeminent Public Urban Research University, on two unique professional development competitions.
The first competition was hosted by Lincoln Financial Distributors (LFD), the company’s wholesale distribution network. Students from MSU’s Earl G. Graves School of Business and Management were paired with Lincoln leaders and mentors, who provided presentation training and helped prepare the students for weekly competitions judged by an internal panel. The inaugural partnership included six students from Morgan, with the top two finalists receiving internship offers from Lincoln for its summer 2022 program and the winner receiving a $2,500 scholarship toward their expenses at Morgan.
The second competition, codeLinc, is a “hackathon” style event, run by Lincoln’s Information Technology (IT) organization, which allows high school and college students to use their coding skills to earn credit toward tuition and books. In a new spinoff program, Lincoln will host a codeLinc competition at Morgan in April. Contestants from the university will work in teams, with a Lincoln coach providing mentorship, advice, technical assistance and encouragement on topics from coding to presenting ideas effectively. CodeLinc has been a successful vehicle for recruiting early career talent to Lincoln’s IT organization. More than 400 students have participated across seven events – 29 have accepted internships and full-time positions at Lincoln as a result.
“Deepening our relationships with HBCUs is an important component of our recruiting and talent strategy, enabling us to raise awareness of Lincoln as an employer of choice for an increasingly diverse population of students for our highly competitive internship programs and our entry-level job opportunities,” said Mike Kellar, vice president of Recruiting at Lincoln Financial.
“An important component of students’ experience at the Graves School of Business and Management is experiential learning. This partnership will reinforce what we do in elevating the proficiencies of our graduates as they endeavor to compete in a highly competitive and evolving financial industry,” said Fikru H. Boghossian, Ph.D., dean of the Earl G. Graves School of Business and Management at Morgan State University. “We greatly appreciate Lincoln for this worthwhile opportunity to broaden the diversity pipeline for career development and advancement.”
Lincoln looks forward to continuing its partnership with Morgan State and other colleges, universities and high schools to invest in the future of talent and the next generation of leadership at Lincoln and support the communities across America that the company serves.
Morgan State University, founded in 1867, is a Carnegie-classified high research (R2) institution offering nearly 140 academic programs leading to degrees from the baccalaureate to the doctorate. As Maryland’s Preeminent Public Urban Research University, and the only university to have its entire campus designated as a National Treasure by the National Trust for Historic Preservation, Morgan serves a multiethnic and multiracial student body and seeks to ensure that the doors of higher education are opened as wide as possible to as many as possible. For more information about Morgan State University, visit www.morgan.edu.
About LFG
Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, and guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $324 billion in end-of-period account values as of December 31, 2021. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good and ranks among Newsweek’s Most Responsible Companies. Dedicated to diversity, equity and inclusion, we are included on transparency benchmarking tools such as the Corporate Equality Index, the Disability Equality Index and the Bloomberg Gender-Equality Index. Committed to providing our employees with flexible work arrangements, we were named to FlexJobs’ list of the Top 100 Companies to Watch for Remote Jobs in 2022. Learn more at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.lfg.com.
Media Contact:
Allyson Vento Lincoln Financial Group (484) 583-6648
Allyson.vento@lfg.com
Source: Lincoln Financial Group
FAQ
What is the significance of Lincoln Financial Group's partnership with Morgan State University?
The partnership aims to enhance diversity in Lincoln's workforce while providing students with valuable professional development opportunities.
How many students received internships from Lincoln Financial based on the Morgan State competition?
Two students received internship offers from Lincoln Financial from the competition.
What is the codeLinc competition hosted by Lincoln Financial?
CodeLinc is a hackathon-style event that allows students to use their coding skills, offering them mentorship and potential credits towards tuition.
What is Lincoln Financial's commitment to diversity and inclusion?
Lincoln Financial is dedicated to diversity and inclusion, partnering with educational institutions like Morgan State to attract diverse talent to the financial industry.
