Goldman Sachs MBA Fellowship - Eligibility, Award & 2026

Fellowship recipients will receive a $35,000 award in addition to the Summer Associate salary. Upon successful completion of the summer internship and acceptance of a full-time offer, Fellowship recipients will be awarded an additional $40,000, plus any full-time Associate signing bonus, as applicable. Application requirements for the Goldman Sachs MBA Fellowship are:No application requirements for this scholarship

Goldman Sachs MBA Fellowship 2026: Application Outlook

The Goldman Sachs MBA Fellowship awards $35,000 in scholarship plus a paid summer associate position at Goldman Sachs to underrepresented first-year MBA students at top U.S. business schools. For 2026, eligibility is limited to Black, Hispanic/Latino, and Native American MBA candidates entering their first year at a Goldman Sachs MBA fellowship partner school - typically Harvard, Wharton, Stanford GSB, Columbia, Booth, Kellogg, MIT Sloan, Tuck, NYU Stern, Yale SOM, Haas, and a few others. Application opens in fall (during MBA application season) and closes in February.

Application Strategy

The Goldman MBA Fellowship is co-administered with the partner business schools' admissions offices, so strong fellowship candidates are first strong MBA applicants - typically with 2-5 years of pre-MBA work experience at a top-tier firm (consulting, banking, tech), a 720+ GMAT or 165+ GRE quant, and demonstrated leadership in diversity-focused organizations like SEO, MLT, the Toigo Foundation, or Posse. The fellowship application requires both the standard MBA application AND a separate Goldman-specific essay focused on commitment to financial services and community impact.

Why It Matters in 2026

In 2026 the combined value of the Goldman MBA Fellowship is approximately $200,000+ when including the fellowship grant ($35K), paid summer associate compensation (~$50K for the 10-12 week summer), and the high probability of a return offer (Goldman summer-to-full-time conversion runs 70-85%). For underrepresented MBA students aiming at investment banking or asset management careers, this is the single most leveraged award in business school - more financially valuable than most full-tuition merit scholarships at the same schools.

Frequently Asked Questions about Goldman Sachs MBA Fellowship - Eligibility, Award & 2026

How much does the Goldman Sachs MBA Fellowship - Eligibility, Award & 2026 award?

The Goldman Sachs MBA Fellowship - Eligibility, Award & 2026 awards $35,000 per recipient to approximately 10 recipients each cycle.

When is the Goldman Sachs MBA Fellowship - Eligibility, Award & 2026 deadline?

The Goldman Sachs MBA Fellowship - Eligibility, Award & 2026 deadline is March 28, 2027. Applicants should submit materials at least one week before the deadline to allow time for verification and any required follow-up.

Who is eligible for the Goldman Sachs MBA Fellowship - Eligibility, Award & 2026?

Must be a minority student. Must be pursuing an MBA.In order to qualify, students must meet the following criteria: For full and current eligibility criteria, applicants should always verify directly on the official scholarship website before applying.

How do I apply for the Goldman Sachs MBA Fellowship - Eligibility, Award & 2026?

Apply directly through the official Goldman Sachs MBA Fellowship - Eligibility, Award & 2026 application page at https://www.goldmansachs.com/careers/students/programs/americas/mba-fellowship.html. Prepare required documents (transcripts, recommendation letters, essays where applicable) before starting the application.

Must be a minority student. Must be pursuing an MBA.In order to qualify, students must meet the following criteria:Sign Up To View