Campus & Community

Stevens and Capco Announce Scholarships for Students Studying Fintech

tudents studying financial sciences and technologies at Stevens earn Capco scholarships as part of Stevens’ three-year partnership with the global management and technology consultancy

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Hoboken, N.J – Sept. 30, 2020 — Stevens Institute of Technology, a leading science- and technology- oriented university based in the heart of the New York financial region, today announced the winners of two prestigious undergraduate scholarships sponsored by Capco. Capco, a global management and technology consultancy, is a partner in Stevens’ Hanlon Financial Systems Center, which houses some of the most sophisticated finance and data visualization technology in the world.

Vince Falvo ’21 and Lauren Carlucci ’23, both students at the School of Business, will each receive a $7,500 scholarship as part of a larger, three-year partnership between Stevens and Capco to promote education that supports the fast-changing technological requirements of the financial services industry. In part, the scholarships aim to help employers and promising students early in their careers to plan and develop an optimal fit for graduates entering the financial industry.

Falvo will graduate with a degree in quantitative finance, which emphasizes business, math, finance and computer science, and equips students to manage financial assets and risk for firms on Wall Street and beyond. Falvo, who is the third brother to attend Stevens, has already accepted an offer at Prudential Financial when he graduates in spring 2021.  

“I’m grateful and honored to receive this scholarship, and very thankful to Capco for their support and to Stevens for creating that relationship and this opportunity,” Falvo said. 

Carlucci, meanwhile, is starting her sophomore year and is pursuing a finance degree. She is grateful that the financial support will allow her to pursue a broader role in her extracurricular pursuits, including Stevens Women in Business, where she already holds a leadership position. 

“The Capco scholarship will significantly lighten the financial burden I was facing going into the upcoming academic year, and will give me the opportunity to get more involved on campus with activities I am passionate about,” she said. “I’m very grateful to Capco for this scholarship, which will allow me to maximize my college experience.”

Capco’s US Managing Partner, Michael Pugliese, comments, “It is important to Capco that we are giving back and supporting students that are dedicated to making the financial services market more robust. Steven’s Hanlon Financial Systems Center is helping develop the next generation of leaders who will shape the future of our financial industry. We have been truly impressed by both Vince and Lauren and their commitment to the program.” 

George Calhoun, founding director of the quantitative finance program at Stevens and executive director of the Hanlon Financial Systems Center, spoke highly of both students and praised Capco for its generosity in supporting education.

“It’s wonderful to reward students like Vince and Lauren for their academic excellence and their intellectual curiosity,” Calhoun said. “I have the highest expectations for both of them, and I’m sure this scholarship will play an important role in their success.”

About Stevens Institute of Technology

Stevens Institute of Technology is a premier, private research university situated in Hoboken, New Jersey. Since our founding in 1870, technological innovation has been the hallmark of Stevens’ education and research. Within the university’s three schools and one college, 7,300 undergraduate and graduate students collaborate closely with faculty in an interdisciplinary, student-centric, entrepreneurial environment. Academic and research programs spanning business, computing, engineering, the arts and other disciplines actively advance the frontiers of science and leverage technology to confront our most pressing global challenges. As Stevens celebrates its 150th anniversary, the university continues to be consistently ranked among the nation’s leaders in career services, post-graduation salaries of alumni, and return on tuition investment. 

About CAPCO

Capco is a global technology and management consultancy dedicated to the financial services industry. Our professionals combine innovative thinking with unrivaled industry knowledge to offer our clients consulting expertise, complex technology and package integration, transformation delivery and managed services to move their organizations forward. Through our collaborative and efficient approach, we help our clients successfully innovate, increase revenue, manage risk and regulatory change, reduce costs, and enhance controls. We specialize primarily in banking, capital markets, wealth and asset management and insurance. We also have an energy consulting practice in the US. We serve our clients from offices in leading financial centers across the Americas, Europe, and Asia Pacific. To learn more, visit our web site at www.capco.com, or follow us on Twitter, Facebook, YouTube, LinkedIn and Instagram.

Stevens media contact: Thania Benios, 917-930-5988, [email protected]

Capco media contact: Malea Ritz, [email protected]