A team of students from historically Black Spelman College in Atlanta won the $1 million grand prize during the third annual Goldman Sachs Market Madness. The program offers a comprehensive curriculum for students that spans an entire semester, featuring a crash course on fundamental concepts and career paths in finance, exclusive access to senior executives at the firm, numerous opportunities for networking and mentorship, a $10,000 financial stipend, and the exciting chance to compete in the prestigious Market Madness competition.
This year, Goldman Sachs expanded the program to include 150 students from 12 HBCUs, selected from more than 400 applications. Students were split into 31 teams and, throughout the semester, conducted company research and proposed a strategic business solution for featured client, L’Oreal.
The winning team included students Victoria Woodward, Princess Dandoo, Gabrielle Smith, Havelin Autry, and Madison Porter. Spelman students also won first place during the inaugural competition in 2021 and won second place in 2022.
Spelman College President Helene D. Gayle said that “this victory is a testament to the hard work and dedication of our students and the support they receive from our faculty and staff. Academic excellence, cultural enrichment, and a strong sisterhood, against the backdrop of a well-rounded liberal arts education continue to provide Spelman students with the fortitude and resources they need to succeed.”