Rutgers Networking Call
Hi all,
I was recently on a call with a Rutgers student, who claimed to be part of their premier investment banking program. Apparently it is called Scholars of Finance at Rutgers (SOFR).
When I responded that I thought that Little Investment Bankers of Rutgers (LIBOR) was Rutgers’ top wall street prep program, he said that it had been replaced by SOFR. Supposedly LIBOR had been having some governance issues.
Any Rutgers students or alums know what’s going on here? Was LIBOR replaced by SOFR?
Absolutely not. Some SoF kid coping hard.
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Completely missed the joke. Maybe you shouldn't work in IB.
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Yes LIBORs been having some problems and was replaced by SOFR
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we found the Rutgers student
Lotta prospects missing the joke here
They go to rutgers for a reason
if you think this shit is funny you def wear cardigans, bird watch as a hobby, and have a season pass to the Tenement Museum
Do you like parrots? I like parrots. I'd quite like to own two cockatiels as pets in a few years. Very cute, always on my fyp on TikTok.
Accomplished junior at Rutgers here (incoming summer analyst @ Tobin & co, leadership for LIBOR, etc). I can assure you that no foul play is taking place here. Sure, we might give our MBA students fake jobs to boost our MBA rankings, but we would NEVER do anything to defame our esteemed Investment Banking feeder program, Little Investment Bankers of Rutgers (LIBOR). You're probably some non-target student trying to tear down the reputation of an up-and-coming semi-target.
For all the low IQ folk, The London Interbank offer rate (LIBOR) was replaced by Secured Overnight Financing Rate (SOFR). I assume that was the joke? Or am I low IQ too?
this is funny lmao
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I can attest these new SOFR kids are all talk no game. The OG LIBOR boys are yet undefeated and reign supreme. I remember a time when SOFR did not exist but today it’s just a fad.
I think the real question is what the younger students, the “new blood” are gravitating towards.
Rutgers upperclassmen, I know LIBOR has been blue-chip in the past but would you say people are now gravitating towards SOFR more?
Interesting. Doesn't seem as elite as the international IB prep group there called, Cohort of Respected Rutger Analysts (CORRA).
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