Regarding Rutgers University – New Brunswick for IB positions on Wall Street.

Hey everyone,

I am a new user here and I'm an incoming freshman this fall at Rutgers Business School in New Brunswick, New Jersey. I'm sure this question gets asked often but I was hoping to get an outlook on the following...

From what I have been told my whole life, the school you go to does not matter, but this seems to be the complete opposite with Wall Street, correct?

Additionally, I have heard a fair share of both positive and negative things about Rutgers University in regards to breaking into the investment banking industry. My networking skills are pretty top-notch and I know I am going to have to work my ass off, but are there any other skills and things that you guys may recommend to an 18-year old high school senior who has dreams to work in this field in the future? 

 

Dude there are like 50,000 threads of this exact same nature for Rutgers. You will have to work harder than the average ivy student but you can definitely get into a bank and even a good one at that. Make sure you have a high GPA and show an interest in finance through clubs and organizations. Yes, school does matter but less than most think.

 
Most Helpful

I'm a Rutgers grad and broke into IB, there were a +dozen kids in my class that broke in. Rutgers is a little different from typical non-targets in that there are a growing number of avenues to break in through the college. 

  1. Start going to all LIBOR ("Little Investment Bankers of Rutgers") meetings ASAP on Day 1 (even as a Freshman) and get connected with the leadership there. It's a student organization on campus. They will guide you and can point you in the right direction. I got my introduction to the relevant modeling/financial accounting through this org. Don't be a super-enthusiastic weirdo --- just be your normal self. This is key; be good at ingratiating yourself. Ask them for the IB interview prep guides as well (someone there should have). LIBOR will also guide you with your resume and will set up super-days with banks for rising juniors and seniors. When I was there, CITI, BAML, Goldman, Barclays, all did super-days on-campus. There could be more activity now. My class is done with the sell-side at this point, but we left good impressions on our banks. 
  2. Start prepping early. Leverage the guides and advice that LIBOR gives you 
  3. Get into Rutgers Business School if you are in SAS. Not for the curriculum, but to hang around the other like-minded kids who are trying to break in. Those will be some valuable relationships when you're in New York doing internships or going in full-time 
  4. Look into Road to Wall Street ("RTWS"). If you get in, they will pair you with a mentor who is typically an alum that is on wall street. I ended up breaking into Wall Street (indirectly) through my RTWS mentor 

Hope this helps, buddy. Good luck and enjoy your college years. :-)

 

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