Smith College Admission Academics Student Life About Smith news Offices
News Release

March 22, 2004

Oppenheimerfunds, Inc. and Smith College Financial Education Program Announce Partnership

Leading Asset Management Firm Partners With Nation's Largest Women's College to Educate Students for Financial Autonomy

NEW YORK, N.Y. ­ OppenheimerFunds, Inc., and Smith College's Women and Financial Independence program announced today that they have entered into a partnership to help women take control of their financial futures by offering non-credit classes and programs geared toward understanding finances and achieving financial independence.

"We are thrilled to enter into this partnership, which is a true collaboration," said John Blomfield, Vice President and Director of Educational Initiatives at OppenheimerFunds. "OppenheimerFunds has a longstanding tradition of being an advocate for women and supporting them in their professional and personal development. We view this move as an extension of our commitment."

In 1992,OppenheimerFunds introduced groundbreaking research on women and money, and used the findings as the foundation for the firm's Women and Investing SM program. As the first asset manager to promote financial empowerment among women, it paved the way for others to follow. Recognizing the importance of financial education early on, in 2001, Smith established its Women and Financial Independence program (WFI), becoming the first college to launch an effort to educate women on money matters.

In addition to supporting WFI courses and symposia, OppenheimerFunds is arranging for some of the firm's portfolio managers to teach WFI classes on the economy and on financial principles, and share their work experience with Smith students. OppenheimerFunds is also inviting Smith students to submit their resumes for internships with the company.

"Women have become a powerful force when it comes to money," said Blomfield. "Our goal is to teach college students concepts they need to know about managing the money they earn, investments, retirement and help them use this knowledge as they embark on their careers."

Smith's WFI Program features workshops, panels, and non-credit courses, all designed to educate Smith students in matters of personal finance. WFI is a comprehensive effort to help young women take hold of their financial futures by understanding the central role of economics in their lives. The program is believed to be the first in the nation aimed specifically at undergraduate women and is intended to strengthen the college's ability to attract and prepare students for leadership positions, particularly in business and finance. One of the most popular offerings is "Backpack to Briefcase," an intensive, one-day workshop for seniors, designed as a crash course on the many financial decisions they will need to make as they embark on their post-college lives.

Smith College is consistently ranked among the nation's foremost liberal arts college. Enrolling 2,800 students from every state and 60 other countries, Smith is the largest undergraduate women's college in the country.

OppenheimerFunds, Inc. is one of the nation's largest and most respected investment management companies. As of December 31, 2003, OppenheimerFunds, Inc., including subsidiaries and controlled affiliates, managed assets of more than $150 billion, including assets in more than 60 mutual funds and more than 7 million shareholder accounts.

Investors should consider the fund's investment objectives, risks and charges and expenses carefully before investing. The fund's prospectus contains this and other information about the fund, and may be obtained by asking your financial advisor, calling us at 1.800. 525.7048 or visiting our website at Read the prospectus carefully before investing.

The products and services of the company and its controlled affiliates include: mutual funds, hedge funds of funds, qualified retirement plans for individuals and corporations, privately managed accounts, and investment management for pension plans, foundations and other institutions OppenheimerFunds is widely recognized as a leader in educating and empowering investors and for its award-winning customer service.

OppenheimerFunds, Inc., Two World Financial Center, 225 Liberty Street, 11th Floor, New York, NY 10080

OppenheimerFunds, Inc. is not affiliated with Oppenheimer & Co, Inc. or Oppenheimer Capital.


Office of College Relations
Smith College
Garrison Hall
Northampton, Massachusetts 01063

Marti Hobbes
News Assistant
T (413) 585-2190
F (413) 585-2174

Smith in the News

News Releases

Contact Us

DirectoryCalendarCampus MapVirtual TourContact UsSite A-Z