Rutgers + IB/FO

I got into RU 2024 and I wanted to know what the thoughts were for getting into IB and also PE in future? I got full ride and can't really afford to go to Stern

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Comments (45)

  • Prospect in IB - Gen
Apr 22, 2020 - 2:41pm

Also how did u mentor them? Do you know of some sort of mentoring programs they have available? Thanks!!!

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  • Intern in IB - Gen
Apr 22, 2020 - 2:38pm

Definitely possible as the amount of RU alumni on the street has been increasing. This year we're sending around 15 kids to IB, 15 to S&T, and between 5-10 to other roles (ER,AM). Try to get your name out there early and get involved in LIBOR, Student Managed Fund and apply for the Road to Wall Street program your freshman year. There is no doubt that it will be an uphill battle compared to Stern, but that grind is what the Rutgers brand is all about. Happy to speak more in depth, feel free to DM me.

  • Prospect in IB - Gen
Apr 22, 2020 - 2:42pm

Would love to understand what ur process has been like from RU and if u were successful. thank you So much!

  • Analyst 1 in IB - DCM
Apr 23, 2020 - 10:19pm

don't forget to get into Road To Wall Street! out of my class of ~40, at least half of us ended up in front office for junior year/FT.

  • Intern in IB - Gen
Apr 24, 2020 - 1:45am

Hey RTWS (graduating '22). I have an offer to do IB at a BB summer of '21. It's possible if you want it enough. It definitely isn't set up for you like it may be at Stern, but the RTWS program and SMF really help. It's possible if you want it.

  • Prospect in ER
May 5, 2020 - 10:03am

Like anywhere else, it also substantially helps if you are a woman or other minority. A disproportionate (relative to the male/female split in the program itself) number of the kids from the Rutgers RTWS program with FO offers are women/diversity.

  • Analyst 1 in IB - DCM
Apr 23, 2020 - 10:25pm

freshman year- join LIBOR and Student Managed Fund (SMF). Do the Bender case comp and other case competitions, and keep your GPA high. take classes like Road To Wall Street and study your modeling skills throughout college. by Freshman summer, get a job in some kind of financial company or something finance related.

Sophomore year, take your finance classes ASAP. accounting first semester and financial management after that. get yourself ahead class wise and start interviewing for a internship at something modeling related (prudential or if you can swing a IB sophomore program). keep networking at LIBOR and going to their events, meet the campus recruiters, network with alumni at events.

junior year. take all your finance classes, and nail a internship at a front office role at a BB. get the return offer and then senior year you can cruise through.

if you don't get the offer, don't give up. recruit senior year, but now you won't have to take too many classes and can recruit more. get a full time the. by utilizing your network you build.

that's what I did. working IB at BB

Most Helpful
  • Analyst 1 in IB - Restr
Apr 24, 2020 - 4:10am

Yo we got the same kid responding to himself over and over again^^ lol

Anyways, Rutgers is a great school for placements in the recent years. Whether its IB or S&T or ER/AM, we have been establishing an alumin presence over the years.

Join the clubs mentioned above, but just grind bud. Get on the phone, send emails, talk to people, and just be likable. I am in RTWS too and it helped but its not do or die.

We are "target" for a decent amount of banks "not officially" but we are; such as DB, CS, BNP Paribas, a strong presence in MS S&T, Citi S&T. We have been establishing stronger relations with Jefferies, WF, GS, BofA, not so much so JPM and Barclays (hopefully that changes).

Lastly, all this banter you see up here its bullshit. I have made many friends in RTWS and throughout the business school working FO, we are not like this. Its just when the anonymous feature is on people tend to flex what they don't really have. Honestly I won't be surprised if some of these people who are commenting don't even go to Rutgers lol. But trust me the culture you will find at Rutgers and the amount of aid is there if you know what to do and where to look. Don't let these comments sway you elsewhere. Good luck dude, wishing you the best!

  • Intern in IB - Gen
Apr 24, 2020 - 4:15am

Multiple fit the IB Generalist intern description lad.. doesn't mean they're responding to themselves. Aside from that I completely agree with everything you've said. Like every other school, there will be a few of rotten apples who are uncomfortable with themselves so they anonymously go on forums to boast what they don't have and spread toxicity. 9 times out of 10 you'll find people at Rutgers who are willing to go the extra mile to help you out

  • Prospect in IB - Gen
Apr 24, 2020 - 1:12pm

hi freshme right now at complete non target that will be transferring to RU for 2020/21 school year as a sophomore in the business school any advice or thoughts on how i could participate in the schools ib/fo programs? also is alumni network at RU like most non targets or are they strong?

  • Intern in IB - Gen
Apr 24, 2020 - 3:58pm

I haven't seen a mf pe exit, besides one girl who is doing RE mf out of undergrad. Most people who got ib gigs didn't really get into feeder groups so most end up in MM? Interesting to see where the 2018 class exits, there were some top analysts from that class.

  • Intern in IB - Gen
Apr 24, 2020 - 4:00pm

*I think there is also an associate doing re pe at mf. There have been a lot of interesting group placements recently for interns. I believe one kid was doing HL RX. I saw some other students get into groups like BAML M&A, BAML LevFin, GS TMT, and CS Sponsors. Really interested in seeing the exits in 5 years.

  • Associate 1 in PE - LBOs
May 4, 2020 - 11:35pm

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