I'm going to UA next year and I was wondering if anyone knows how Alabama's investment banking academy places for investment banking? Also, how many people from Alabama's graduating classes usually make it to Wall Street out of college?
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Keep in mind that I'm pretty old and I know this is going to sound unreasonable.
You need to keep in mind that there are huge stereotypes about people from Alabama, Mississippi, Arkansas, and the like in the northeast. If your goal is New York, I would transfer schools immediately. Places like Houston or Charlotte might be more receptive (UT Austin and Duke/UNC respectively would be significantly better odds).
It might be a good school (I don't know and am too lazy to look it up), but I would say the odds are significantly stacked against anyone from U of Alabama for NYC. If you have a Deep South accent and attend UA, I would basically forget about anything in the northeast.
Just my opinion. Good luck.
Work hard and you can expect to get great exposure to scouts from every team. The draft is always literred with UA guys, with them typically placing several in the first round. I'd say you made a great choice.
EDIT: thought you were talking about football, I have no idea about UA banking prospects.
I went to Alabama (class of 2015) and did just fine. I’m in IB for a BB. You need to establish yourself on campus and get involved (think Honors College, Culverhouse Investment Management Group, Save First, Microfinance Initative, etc) and be a strong contender for a premier award to best position yourself for recruiting to enter in a BB but it’s very possable.
If anything, going to Alabama and doing Greek Life only prepared me for Super Days and a career in finance!
Alabama grad with a multibillion dollar fund here. It's definitely possible, but you'll need to do all the legwork yourself.
Everyone I know who ended up on Wall Street had some combination of the following: University Scholars with the MSF, Business Honors Program (separate from standard Honors College), CIMG, IB Academy, fraternity leadership, stellar GPA (critical), top test scores (I was actually asked to prove mine on several occasions).
Absolutely second Greek rush being the best preparation for networking and super days. You'll need to get involved early and move yourself into leadership positions. Start networking your first year on campus and aim to get an internship that first summer (unpaid local boutique is fine, leverage that into MM sophomore summer and BB junior summer).
Would definitely recommend networking at the Culverhouse Student Investment Conference as well.
Firms that recruit at Bama - DB Jacksonville, Stephens (including Dallas), Goldman SLC (mostly MO, but I've seen IB happen), Raymond James, and a ton of boutiques in ATL, BHM, TX, and FL. NY offices don't recruit on campus for IB, but a number of students still end up there anyway. If you want to be one of them, hit the ground running and work your ass off.
With that said, have fun. It's a great place to spend four years. Good luck, and Roll Tide
Very accurate, but I'm not sure that it's as anomalous as people claim. The state government is going to be almost entirely composed of successful natives, and it stands to reason that many of those are going to come from (and subsequently maintain ties to) the largest and most prominent university in the state. Ambitious college students also make for cheap campaign fodder (I say as a veteran of several state political campaigns).
Family and fraternity ties run particularly deep in the South, and those well-connected students will also be the ones who experience the most success running for student (and state) government, particularly since Alabama's Greek system mobilizes better than arguably any in the country (the merits of which are hotly debated).
To your point, yes, the UA SGA is heavily connected to state politics, and Alabama's history and character may influence the relationship to a greater degree than others, but I think you'll experience very similar phenomena with most state flagships.