nontarget to my recollection (and very very overpriced in my view :P). The litmus test is if banks come on campus to recruit. If they do, you have a semi target or something to that end. I suppose the only benefit is that you would be in the city which makes networking easier, but then again, Gabelli presides in the bronx so that may neutralize things.

 

Gabelli started a very selective program right in Lincoln Center last year - I go there and my whole class has about 80 students. So far we've had alums from Goldman and JPM (all investment bankers) come and host networking events. Just putting this out there.

 
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Speaking about NYC only: Fordham has a small, but growing, presence on the Street within IBD and a very supportive crop of alumni. A couple of the bulge brackets now have a minimum of ~2-3 superday slots for Fordham students (semi-target is a fair characterization) and Fordham has placed well in diversity programs (that can often lead to a summer offer) for both sophomores and juniors. With recruiting timelines for summer analysts becoming earlier and earlier each year, my view is that Fordham is well positioned because you can intern at a boutique IB before your junior year, which lots of students focused on BB SA programs do, and setting up coffee chats to build your network on the Street is easy given the geographic proximity. Clubs like the IB Society, Finance Society, Smart Women Securities, etc are prominent on campus and are churning out stronger candidates each year. I may be biased, but if you are self-motivated and pro-active, landing in IB from Fordham is eminently doable.

 

Similar to IBD, there are a few shops that have a small, but noticeable Fordham ER presence. AM is certainly a viable path and unpaid PWM internships during sophomore year has almost become a right of passage for finance majors. Most students will use that internship to get their first "real" finance experience, boost their resume/story, and then pivot to IBD, but if you want to stay in Asset Management, you can make some great in-roads as an undergrad. I have less of a feel for S&T. You'll have to be more pro-active than a student at a target school who has a 10 person recruiting team coming to campus, but those alumni are still out there and willing to help. Leveraging your peers who are juniors and seniors is critical as well and I've found that those relationships can be just as important as the relationships with young alumni. That's a long-winded way of saying that whether it's IBD/ER/AM/or S&T, whether you land that job will ultimately be decided by your own effort and clarity of purpose.

 

You should take advantage of that full-tuition scholarship to Fordham and go there. Villanova, while also a good school does not offer any additional opportunities that you could not make for yourself at Fordham.

 

Current senior working in corporate banking next year. If you put the work in it's very possible to break into IBD but the opportunities aren't going to come to you so I guess I'd agree with the poster above that its low tier semi target to non. My friends who've gone that route networked like crazy from the get go. Being in the Bronx definitely makes this easier and also allows you to intern during the school year. If you get good grades while working 20-30 hours at a decent internship that's a good way to differentiate yourself from the nerds at HYP, so very, very possible but they won't come to you.

Very much on the up and up as well. The most competitive OCR jobs I interviewed for didn't recruit here when I was a freshman and I'm seeing more and more undergrads landing really solid FO internships through career services. Purely anecdotal but I feel like there been a big boom in S&T especially. I've also noticed it's very easy to land a cushy 70-90k a year position in something like risk, CB etc. for the more average students as well if you find that IBD isn't your thing.

 

yes, this sounds about right. (it's been a bit since GSB gave my my acceptance.) I think fordham and Baruch both improved over the last 4 years in at least the peripheries, as I think they are a few folks from both schools in a litany of FO/MO roles (know someone in PB and another in risk).

The bottom line between all these schools is that there are certainly good opportunities coming from Fordham (not necessarily IBD). if IBD is your thing, just network from day 1, maintain your grades, look for internships during the summer/winter, and keep repeating until you get there. Best case is you get your offer, and worst case is that you end up with a very good position (CB, PB, Risk, et al)

Congratulations on the corporate banking offer. Definitely something to be proud of, and you will maintain a very comparable and fair compensation at a haircut of the hours. (plus, you get a solid grounding in credit, which could aid you the future if you wish to parlay that into a credit fund/buy side bond investing.)

 

Thanks for all the coments, I'm excited to start at GSB. I'm definitely going to start the networking early on and start learning who the upper classmen and alumni are. I didn't think to look into CB or PB, would you say there is a strong amount of GSB kids who go into that as well?

 

Yes without a doubt. Pretty much every BB And reputable MM bank recruits for commercial or corporate banking from and there's definitely a strong pipeline for Private Banking/WM as well though much less defined. A lot of people end up in a Big 4 Advisory roles as well as they recruit and will take multiple kids per class. If you're interested in hearing about those positions PM me because I know there's not a ton of info on these boards and I have some experience with them. Honestly though, best advice I could give is to shoot for the IB-->PE track and hit the ground running. If you work hard and do the right things its very possible to compete with the targets. Even if you realize that maybe it's not your cup of tea, you'll still have a great resume by the time the real recruiting begins and you'll be well positioned to slide into a CB/MO type role through OCR. Check out S&T as well, seems like a lot of younger kids are breaking in there.

Honestly, its just an opinion bit I considered WM at one point (similar to PB) and I wouldn't recommend it to someone like yourself. It's sales-focused and the technical skill set is limited. If you're personable, someone with corporate finance or investing experience shouldn't have much issue picking it up and sliding into a PB role but once you're in that line of work it's difficult to do much else. Plus it's pretty much a graveyard out of school unless you attach yourself to a large team who's not going to rush you into bringing in clients.

 

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