How well does Fordham place their Undergraduates on Wall Street? Is it a Semi-Target? Would it be a good school for someone who has decent grades and is willing to work very hard?
And also (stupid question) what does OCR mean?
thanks
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OCR = on campus recruiting
Not too familiar with Fordham placement stats...
Short answer: University of Phoenix graduate can get a front office IB job.
Long answer: Do a search.
I know a good bit about Fordham as my dad went there and taught a few management courses as well. Being in the city definitely helps out the school's rep but not to the extent of NYU/Columbia. There is a good amount of OCR, more so than other city schools like St. John's who primarily get operations recruiting at the big firms. The catch with Fordham is that the firms represented are a small list because graduates tend to be associated with only a select number of firms.
I know a bunch of people from Fordham in front office positions throughout the street. Not sure on any offical stats or OCR numbers
Do you go there already? You should be able to use LinkedIn and check at all the big banks.
PM'd you
No i don't go there, just a perspective high school student who is interested in a future on Wall Street
My general understanding: at non- and semi- "target" schools, you are obviously not as well off. However, it is by no means a death sentence. For example, if there some Fordham alums in banking, they probably went through the same "non-target" experience, and will be more likely than "target" alums to help Fordham-ers (e.g., vs. Wharton alums helping Whartonites).
Fordham-specific, I don't know much. I would suggest you do a linkedin search, find some recent Fordham graduates in bulge bank front office roles, and tell them you're considering Fordham and want their perspective. This will 1) give you a good idea, and 2) get you started early on building your network, which will be key to your success.
@Bobb Could you please share those numbers? I am in a similar situation. Thanks.
Fordham (Originally Posted: 12/20/2010)
I know it is not as prestigious as almost all the schools discussed on here, but i was seriously considering this school for my undergraduate degree in finance and wanted to know if anyone has heard or had experiences to tell me if this is a good school for me internship/job wise for banking
http://tinyurl.com/38oovzr
The Donald went there for 2 years before transferring to Wharton
I'm a junior finance major at Fordham. Just landed a summer analyst position at one of the bulge bracket's IBD (absolutely ecstatic since I'll be abroad in the spring). Private message me with everything you'd like to know about the business program, on-campus recruiting, some of the difficulties you'll face from a non-target, and anything else. I'd be happy to help.
Not to hijack the post, but what about Fordham's MBA program?
I go to Fordham as well. Senior. PM me with any questions.
UNDERGRAD: Fordham Gabelli to ER? (Originally Posted: 01/04/2016)
Hey everyone, Im considering Fordham Gabelli School of Business to attend next year as a Finance major(NYU's financial aid isn't the best out there). How difficult would you say it would be to break into ER from Fordham GSB? I really like the school and I'm willing to work hard(3.6+ gpa). But based off of recruiting, track record, and competitiveness of BB ER placement, how do you think my chances line up. Im open to other fields of work but Im much more attracted to ER work and the work/life balance. If any ones got any tips or advice pls let me know. Thank
You're obviously going to get a better shot at NYU. But it's definitely possible. I know some folks working at JPM ER who were from Fordham.
It seems like I've been seeing more and more Fordham students in the street w/ FO positions.
landing a BB ER gig will be contingent on a multitude of factors, school only being one of them. that said - and i can't comment specifically on Fordham as i don't know - i don't think attending Fordham will put you at a disadvantage. you should at least be looking into a research gig at Gabelli given the connection if research is your goal.
what it will really come down to is your ability to think analytically, develop a well-rounded and defendable thesis, and communicate that via writing and verbally when you talk to your clients. early on, you'll take your cues from your analyst until you find terra firma. the product you're selling in ER is your research - if you can't communicate, you'll have a hard time getting hired. you need a thorough understanding of finance and accounting to support the development of your modeling skills. if research is your desired path, you should take courses that support those goals. get involved with finance clubs around campus and network your ass off. it's a competitive field with generally low turnover (in my experience at least), but these are some of the ways you can make yourself a viable candidate.
one last point - do not assume work/life balance is a given in research. that is entirely dependent on the analyst you work for. i know guys in BB ER gigs who barely push 60 hours a week and i know some that work 80 consistently. it's a mixed bag. be ready for all scenarios.
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