Cornell finance clubs if they were Investment Banks
As a current Cornell senior involved in clubs and an incoming FT at top BB (GS/MS/JPM), current thoughts on the club environment here.
Cornell Financial Analysts (CFA) - Goldman Sachs - Top placements (EVR, JPM, etc.) , active alumni, great new member education.
Cornell Finance Club (CFC) - JP Morgan - Half the members get fed into JPM. Does pitches at GS, JP. Not as active upperclassmen though.
Cornell Investment Banking Club (CIBC) - Citi - Culture has been questionable with the last president. New member education is a joke. Place well though. Good alumni.
Cornell Hedge Fund (CHF) - Barclays - Terrible culture. Was kicked off campus last semester for new member hazing. Still place well/great for stock pitches.
Cornell Alpha Fund - UBS - No socials/culture. No one shows up to meetings. An alumni a couple years back lost their entire fund, so they actually have no fund. New member education is a joke as well.
Banking at Cornell (BAC) - WF - Newest of the clubs. Lacks alumni. Has potential for growth. Don't know much, but have heard placements are solid this cycle.
Cornell Alternative Investments (CAI) - DB - Offers members IB internships but have heard its mostly bs resume filler work. Decent placements.
Mutual Investment Club of Cornell (MICC) - Jefferies/Gugg - Used to be a good club, claims to manage $100k, not sure on the validity. Is now considered the fratty finance club.
DSP - Credit Suisse - Doesn't exist anymore. Got kicked off campus (again!) for new member hazing and is still not allowed back. Used to be solid before though.
Others:
PGN - BofA
AKPsi - RBC
PCT - TD
CPEC - RJ
Cornell M&A - Lincoln International
PSE - Truist
CUABS - Nomura
GCC - Mizuho
Impact Investing at Cornell - KeyBank
Cayuga Capital - Cantor
Rest / Not mentioned - Oppenheimer
Based on the most helpful WSO content, here's a breakdown of Cornell finance clubs humorously compared to investment banks, reflecting their culture, placements, and reputation:
Cornell Financial Analysts (CFA) - Goldman Sachs: Top-tier placements (EVR, JPM, etc.), strong alumni network, and excellent new member education. A standout club with a reputation for excellence.
Cornell Finance Club (CFC) - JP Morgan: Known for feeding members into JPM and pitching at GS and JP. However, lacks active upperclassmen engagement.
Cornell Investment Banking Club (CIBC) - Citi: Despite questionable culture under the last president and weak new member education, it still places well and has a solid alumni network.
Cornell Hedge Fund (CHF) - Barclays: Struggles with culture, having been kicked off campus for hazing. However, it remains strong for stock pitches and placements.
Cornell Alpha Fund - UBS: Lacks culture and attendance at meetings. An alumni mishap led to the loss of their fund, and new member education is subpar.
Banking at Cornell (BAC) - Wells Fargo: A newer club with limited alumni but showing potential. Placements this cycle have been solid.
Cornell Alternative Investments (CAI) - Deutsche Bank: Offers IB internships but is rumored to involve mostly resume filler work. Placements are decent.
Mutual Investment Club of Cornell (MICC) - Jefferies/Guggenheim: Once a strong club managing $100k (though its validity is questioned), it’s now seen as the "fratty finance club."
DSP - Credit Suisse: No longer exists due to hazing issues. It was solid before being kicked off campus.
Other Clubs and Their Comparisons:
This lighthearted comparison provides a snapshot of the club environment at Cornell, blending humor with insights into their culture and outcomes.
Sources: Duke Guide: Tips and Info on What to Do at Duke if Interested in Business/Finance at Duke, Columbia Freshman Looking for Advice - Best Clubs?, Review of Investment Banking Recruiting at Cornell Johnson, How do I make my finance club fun?, Best Finance/Business Clubs at U.C. Berkeley??
I saw Alpha Fund placement post last year and it seems insane (P72, 2x EVR, CVP, BainCap, etc). Some of them also seem to be only in alpha fund. Was this a fluke? Context: incoming freshman at Cornell
Fluke / many of their members are in other clubs. They were solid maybe 2-3 years ago with great leadership. Now it's questionable
Thanks! Noticed the overlap. What about stock pitches? I looked at members at CHF and Alpha Fund and the latter seems to have a much better track record with them (although it is only a small group of them it seems). Seems most of CHF is just sell-side with practically no buyside apart from very few.
Vast majority are CFA
Congrats on CUABS rejection
Congrats on PGN, CAI, PSE, BAC, and MS LevFin!
Red Point?
Congrats on virginity!
dawg go get some bitches 😭😭😭
Why the fuck are there so many lmao. Need some m&a over there
Cornell Mergersight merged with Cornell m&a
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