Is it possible to get into investment banking on Wall Street out NYU Shanghai?

I was recently accepted into Fordham, University of Miami, Baylor, and NYU Shanghai. My goal is to work as an investment banker on Wall Street at a big bank after graduation. I realize I might have to work at a smaller bank since none of those schools are really targeted schools, unless I can transfer somewhere else after a year. For now, which one of these schools would get me the best shot of achieving that goal? I am leaning towards Fordham since it has a higher ranked finance program, an extremely loyal alumni network, and is in New York. I have heard some people from the University of Miami have managed to sneak into the big banks such as MS. JPM, Goldman. Citi, etc so I have a conflicting feeling about it. I think Miami would be cooler to attend, but I am going to make the decision solely on which one is better for my career. I had eliminated NYU Shanghai as an option but am giving it some thought again since my other options are great either. If you could provide as much info as possible ( and how you know that, qualifications and stuff) and at the end just flat out say which school you would choose to have the best shot at that goal that be great and would help me feel more confident in making a decision!

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Comments (9)

Apr 8, 2021 - 12:26am

I heard the nyu shanghai program was 2 years in shanghai and 2 year at the ny campus. If so, it's far better than the other schools on your list and you could try transferring to stern. 

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Apr 8, 2021 - 10:02am

Unfortunately, they changed it to 1 year in New York and 3 years in Shanghai. I would have access to Stern classes while in New York but wouldn't graduate with a Stern degree. I would graduate with a liberal arts degree from NYU New York and an economics degree from NYU Shanghai which is a Chinese degree. Do you still think it would be worth it over the other schools? Also, you can't transfer to Stern full-time as an NYU Shanghai student, unfortunately. 

Apr 8, 2021 - 11:32am

Go to UMiami and delete the thread

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  • Associate 3 in IB-M&A
Apr 9, 2021 - 12:20pm

Second this. U Miami isn't a target but still has a name brand, very doable to get into banking from there if you hustle.

International schools just do not carry much weight in the US (even prestigious London schools are tough to get to NYC) and NYU Shanghai is not the same as NYU Stern

  • Analyst 1 in Consulting
Apr 8, 2021 - 3:15pm

I've known some people to get into US IB (not necessarily EBs/BBs but foreign banks) through NYU Abu Dhabi, so I'd assume NYU Shanghai would be similar if you were able to be in NY sophomore spring / junior fall when OCR is

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Apr 9, 2021 - 7:16am

I know a couple of people at NYU Shanghai, as well as NYU proper, and it seems very difficult to make the jump across the Pacific for FT work. My impression on Abu Dhabi (don't know anyone personally there) is that it's a different level of prestige to the other international campuses - most Rhodes per student in the world, for example, and some cool research. I think it might be possible from there, but much less convinced for Shanghai. 

Other people I know at Yale-NUS (which at least has a very prestigious "home" university) have had a similar lack of joy for FT recruiting in the States and/or Europe. 
 

  • Analyst 1 in Consulting
Apr 9, 2021 - 10:00am

Oh yeah definitely a difference in prestige and opps. The person I know (who said other people did it too) was that they were on NYU's New York campus junior fall, where they were able to participate in OCR for a few banks (think places like Mizuho or Credit Agricole) that were recruiting then. I believe graduates get a diploma from NYU global (similar to columbia & barnard) also, so you can just put NYU on your resume if you go there 

Apr 9, 2021 - 2:43pm

Do we think HR/bankers would get annoyed if you put "NYU" and it turned out to be "NYU [Insert City Here]" though? Even if it didn't become apparent at interview/on transcripts, pretty certain they'd find out eventually once you started working and just having convos.

Whether that's a problem, I don't know. It reminds me of the LSE online degrees or Harvard's Extension School and people labelling them LSE or Harvard without any caveats. I realise that NYU Shanghai is hardly comparable to either of those, it's a very respectable institution in it's own right, but I wonder if HR would take a similar view regardless. 

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