Goldman Sachs wants to pay students $100,000 to tackle Wall Street's technology challenges

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Goldman Sachs wants to pay students $100,000 to tackle Wall Street's technology challenges
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The new program is part of Goldman's bid to become the operating system for financial services.

Goldman Sachs is opening up to outsiders as the 150-year old investment bank tries to become the Google of finance.

"He told us that the way to attract some of the smartest people in the world, it's not necessarily people from the obvious schools with the obvious backgrounds," Korn told CNBC."He encouraged us to just see what a bunch of students could do by playing around with" the bank's software platform, he said.

Those accepted into the research program will get access to Goldman's APIs, or software that allows programs to access and work with other programs. The bank is also releasing some of its code to GitHub, the software development platform, the Wall Street Journal reported. Goldman said those accepted into the program will be contractors, not employees, and won't be working at the bank's offices.

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