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Start looking after you graduate. Assuming you leave school in May, that will give you about a month and a half to find and sign for a place. Try to sign a place close to when you start (but don't make it a deal breaker).

In terms of roommates, I would recommend 1-2 other roommates. Depending on what they do (i.e. are they also bankers with the same hours), it might be prudent to have more than 1 bathroom. You probably won't see them too much, but it will help you live in a neighborhood that would be too expensive to live alone / too small to want to even go back home.

In terms of geography, I like to live close to work. That means either 20 minutes walk or 15 minutes on the subway. It's so that in case there's an emergency, I can estimate my time to the office accurately. But don't tell people that you live that close, otherwise they'll ask you to print and send everything. And don't worry about places to go out to in NYC. You're going to be taking the taxi everywhere anyway.

--Death, lighter than a feather; duty, heavier than a mountain
 

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