I was talking to a BC Alum who is an MD at Goldman the other day. He said that BC has a great contingent on Wall Street -- I agree.

Although BC is not a top target, we still get a strong share of WS recruiters and a fairly large group students who graduate with IB offers.

 

thank you guys. i am currently trying to decide whether to do a masters at that college.. they are offering dual masters in acct and finance.. do you guys think that doing the dual program would make a candidate more attractive in this market?

thanks in advance

 

I'd say its the same vein as Indiana Kelly, where the kids who really want will get a shot.

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Best Response

BC isn't that well represented on Wall Street, but there are plenty of BC alums in finance on the buy-side. As with anyone who doesn't go to a target recruiting school, you'll need to work that much harder to get an interview. Geoff Boisi, former vice-chairman of JPM-Chase and co-CEO of the investment bank is a big BC alum. He was also a senior partner at Goldman. If you could work any connections to get an intro to him, I'm sure he could help open a few doors if you impressed him.

If you get to talk to him, make sure you're prepared. Take a look at this for some good guidelines:

How to Approach Informational Interviews – Key Do’s and Don’ts - http://bit.ly/VCr79

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I'm a senior at BC right now. I can tell you that we have guys and girls in my class that have already accepted offers at all the major banks on wall street, and others at boutiques. BC is pretty heavily recruited, with most banks coming to campus. The few that don't have kids come to them, so its pretty good.

Internships are the same. No idea about grad school recruiting though

 

From what I have heard, especially with friends graduating last year (class of 2009, so 08 recruiting) is that the recruiting is SOLID in up years but can seriously drag in down years. There are quite a few BC eagles on the street, showing that there are quality students. Some students may just have to network harder and reach out to more alumni to make it happen.

 

When I graduated from CSOM a few years back if you wanted to do i-banking, citi, ubs, and jefferies were as good as it gets. JPM, MS, GS, CS dont actively recruit for BC grads into ibanking. i can think of maybe one or two rock star kids that did a summer at CS and goldman, but they were exceptions and they didnt go through on-campus recruiting.

i would say the wall street presence in general is descent. plenty of BC grads scattered around wall street at all the banks.

 

Don't know about undergrad, but I hear opportunities at big banks through its MSF program are quite mediocre. BC was one of my options for MSF, but think i will decide against going there on the count of the research I 've done on the program. Hope this helps.

 

good friend of mine was a BC grad (UG). Top analyst at UBS. Landed PE after. Now works at GS Capital Partners. I like schools like BC and UVA. They tend to work harder and are generally sharper when it comes to finance/accounting.

 

hey-- I'm a senior at BC CSOM right now, and can confidently say anyone who deserved to get a shot, did (3.3 with good networking, 3.5+ anyone). personally know at least 20-25 kids who are doing IB/S&T on the street. pretty much every bank was here with the exception of JPM (i think this was a one-time thing)..

another key plus-- BC kids don't take themselves too seriously, we know we are in the shadow of those two schools across the charles and take more pride in our athletics and girls than our finance faculty (which is still very good btw)

 

I will try to find the middle ground here:

There is a solid amount of BC kids on the Street because they tend to stick around longer, especially in ECM/DCM, Prime Brokerage, Sales, PWM.

They don't do the up'n'out M&A -> PE -> MBA path as much as the target school kids.

You can now argue if that is a function of recruiting, ability or preference. But that's where I see things...

********************************* “The American father is never seen in London. He passes his life entirely in Wall Street and communicates with his family once a month by means of a telegram in cipher.” - Oscar Wilde
 

went to undergrad b school there. We all kind of just make fun of the master's kids because A. they're dicks about reserving the study rooms, and B. they do the same exact work for the same classes as us. This is strictly for finance though. Have a few friends who have gone through the MSA program, but they already had offers from Big 4 firms and just needed the extra credits to get their CPAs

 

Thanks for your response. I can definitely understand where your coming from. I was hoping that maybe you could give me some insight into how recruiting is for the MSA students, and how rigorous the school is in general, seeing how you did not go through the accounting program. BTW how are the opportunities for nyc?

 

not sure about on campus recruiting for Graduate School, but undergrad is really good. I'm currently in new york and there are probably close to 100 of us in finance. I'm really not too sure about accounting though. I know a lot of accounting kids that are at Big 4 for audit, consulting and whatever else accounting does. Again though, most of these guys had offers from their internships and just needed to get their CPAs

 

I am somewhat unsure about BC only for a reason you kind of hinted to, the fact that I have no accounting/finance experience and that many in the program will be 5th yer students with previous work experience.

 

I worked in audit Big4 before going to B-school.

Boston College is definitely a feeder for Audit/Tax/Advisory for Big 4 in Boston. Audit and Tax are definitely easy jobs to get if you go to BC (undergrad and masters alike). I think you will be all set.

 

Well, I officially decided I will be going to BC for the MSA. Does anybody have any first hand (or second hand) experience with this program? I am from a state school where the curriculum was not easy but I am not sure what to expect from BC in terms of difficulty. Would really appreciate some input.

 

Congratulations, I hear Boston has an awesome macc program. I dont know from experience but competition in courses may or not be too much different from a state school depending on what major you had. I know that even some "easy" courses I had were made tough by certain teachers and some tough courses were made much more manageable with excellent teachers. All in all you should be fine.

Also, do you know if Boston college gets NYC or D.C recruiting?

 
shorttheworld:
look at uconn, might be cheaper and uconn has a ridic strong accounting program

It is strange you mentioned UCONN because I really considered it for a while, even without the prerequisites but I would have had to stay 2 full years and it would have been really expensive. I am excited about BC, I hear a lot of good things about location,reputation,and alum. Definitely love to hear any thing else anyone has to say about it.

 

I checked out uconn but price was pretty much the same (I am thinking of BC too). Plus it is not built for non-accounting majors like myself or the op. I figure it is probably worth getting a well-recognized name like BC on the resume, people have been telling me that a lot of good firms are loyal to the Carrol School (biggest feeder of big 4 in Boston) and that the there alumni are willing to help out new grads. I also here that it gives good ops for NYC and D.C but have not got a ton of validation on this yet.

 

This site won't let me post this anywhere else so can someone help me? I am currently a high school junior and am very interested in getting into finance. Specifically and hopefully Investment Banking, Private Equity, Hedge Fund or something on Wall Street. I know it sounds materialistic but I have taken numerous business, account, finance, and math courses and I love it. Unfortunately my chances of getting into a target-school aren't looking so hot as my freshmen and sophomore year of high school I did not take too seriously. After last year (my sophomore year) my GPA was 3.00. Not good at all I know, however after this year it should be up quite a bit considering I am Acing pre-calc (alg. III & trig) and also Acing my honors history course, with all other subjects in check as well. Furthermore since I am excelling this year I am taking AP Government, Honors Calculus, AP Stat, honors English, and academic Physics next year. I had the chance the take AP Literature but I feel as if it would be too much of a work load, opinions? So back to the point, I just took my SATs so I will know my general score shortly. But based off of what you know now, what schools should I begin to look at for a finance type major to try to get into what I'm interested in. I am from Pennsylvania. Also I play sports year round (soccer, basketball, tennis) & plan on joining the debate team next year. Thanks!

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