Wake Forest University?
Anyone know anything about WFU's placement on Wall Street?
Judging by LinkedIn, they have about 480 grads working in Investment Banking in NYC.
I'm seriously considering it for a couple of reasons:
It's very close to home. I can see and help out my parents twice a week. I want to be there in case their health condition ever gets worse in the next 4 years. It's good for now, thankfully.
It's #27 in the country. Pretty good ranking, to be honest. And judging by their post graduation report, 59/115 business grads went into an Investment Banking role in NYC, Charlotte, and Atlanta.
If admitted under Early Decision, do you suggest that I attend WFU?
My goal is to work in IB as an analyst after graduation in NYC at an EB/BB
Let me rephrase. Do you suggest me attending wake given my situation and my goal of breaking into IB?
Put the ED and application shit aside for a sec
This isn't College Confidential
Was there a breakout of that 59 between NYC, Charlotte, and Atlanta? I'd imagine the bulk of that number would be to CLT and ATL. If your preference for NYC is a strong one, I'm not totally sure WFU will get you there...I haven't personally encountered a lot of WFU alumni.
I think there's a spreadsheet on their website. I think like 10 of them went to NYC. The remaining 50 concentrated in ATL or CTL, to my knowledge.
So, WFU is a non target?
UNC is also in north carolina (no duh). Besides location, are there any other reasons why you would go to Wake Forest over UNC?
Don't like the vibe at UNC. Too big, too many kids, and doesn't seem individualized.
Plus wake is a little higher ranked and more prestigious than UNC
Kenan-Flagler >>> Wake
Sounds like you have conflicting professional and personal goals. Unfortunately, if you're dead set on NYC IB, you probably shouldn't go to WF or UNC. Neither is a NYC target, so somewhere in the northeast would be better. If you're ok with working in the South though, it's a toss up. There's avenues into IB at both (UNC is probably better, can't say how much), but if you've toured both and like the campus vibe at WF that much more, then I'd go for it.
I have to agree with you on the personal vs. professional goals part.
After all, I'm still in high school. It's not like I'm deadset on NYC IB. I just want a high paying job (>130k) in investment banking out of college, regardless of the location. That is my real goal.
I personally believe with networking and campus resources, I can achieve this goal in Investment Banking.
Do you have any additional advice? Or any information of locations in IB where pay is >130k?
Any advice helps. Thanks a lot!
IB analysts make a ton regardless of location. Yeah, you might make a bit more (130-150) at a top BB/EB or in NYC, but any recognizable firm will pay ~120 give or take, and your actual take home pay will probably be higher thanks to lower cost of living, so you can't really go wrong.
Saw you also made a post about some schools in New England. I'm at a non-target in NE so PM me if you have any questions about the region.
I am incoming Junior at Wake. Very solid career center and if you want to work at these companies, you have a good chance if you get involved / keep up GPA / network (most important). Greek life is big here and often the people snagging these jobs do so by using their Org and older friends for networking.
Wake has its quirks but the grads have a good reputation generally. Dorms are shit but really fun. Most professors are tough but there are some really interesting ones. Cost effectively UNC is better but Wake is a great time.
Also if you're still in HS don't make decisions based on your future salary. U might think the money makes the hours worth it, but your view could change in college - also we could be headed towards a rather large correction bringing IB salary down
Wake and UNC are both excellent, yet very different schools. Both undergrad B schools are excellent. UNC is a big state school, larger classes, sprawling campus (great college town), filled primarily with smart NC kids. Wake is much more like a LAC (although big for an LAC - 4800 undergrads). Very intimate , close knit campus, small classes, great student / prof relationships, etc. Wake is also geographically diverse. You will meet many kids from all over the world. Totally different feel. Both Great. Both ACC sports!
Both excellent graduate outcomes in banking, consulting, etc.
Here are the spreadsheets for Wake Forest undergrad:
http://opcd.wfu.edu/first-destination-data/
Most IBD analysts (if not all) are under Finance. I think I saw a couple of Jeffries NYC for IB, but BBs are Charlotte/South for "Investment Banking Analyst". No EBs that I saw, but I could be wrong. Hope it helps :)
Also a few in Business Enterprise Mgmt , Econ,
All in I see Wells (NYC and Clt), Citi, Barclays, GS, JPM, Jeffries, Stiefel, STRH, BofA, PNC, Fifth Third, Regions. Probably missed a few. Pretty evenly split between NYC and Clt/ Atl over the past few yrs.
So there is an even split between NYC and CLT
Wake is a fantastic school but there are peer schools with better IB placement. If you're dead set on IB I'd go elsewhere, preferably in a big city so you can intern during the semester.
Having said that, I wouldn't make the decision solely based on IB placement. Go to the best school you can and/or the school you think you'll enjoy the most.
Yea, I used to be making school lists just based on my goal of IB, but I've come to realize there's more to life.
As long as I work hard and network, I believe I can make it into IB.
This is spot on. Wake is a fantastic school and has great placement in both gross numbers and percentages...BUT it is a small school. If it were located in Raleigh (next to Duke and UNC) or the NE it would get way more looks. They have lots of banks that come to campus but they don't live there (other than Wells which hires 10-15 each yr.) Very strong alumni network helps alot (kind of like Lehigh)
Thank you for the insight! I've been looking into their WOWS program (Wake Alumni on Wall Street)
Thank you for the insight! I've been looking into their WOWS program (Wake Alumni on Wall Street)
I feel like if you throw a rock in Charlotte you will hit a Wake Alumni. I went through as many boutique firms as I could find on LinkedIn and Wake Alumni were everywhere. However, I can't deny how powerful Carolina Alumni are in the South and beyond. I think these are win-win options. Some people prefer the small private vibe and you may get better connections. I bet UNC has a better batch of companies coming to campus.
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