WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (5)

May 31, 2021 - 5:25pm

Great for banking recruitment. Most get something, and the best candidates are able to compete with Columbia candidates. Banks generally reserve a certain amount of spots for each business school based on alumni and HR allocations on what they view as a target. NYU being in New York naturally makes you a target even if CBS is higher ranked. 
 

Side note that surprised me during recruiting at NYU as an associate, past experience definitely does help fit breaking into banking in MBA, and some EBs prefer past experience but it is still very possible to get your foot in the door at a solid mid to upper tier group if you are personable and network well. 

Jun 2, 2021 - 9:24pm

NYU Stern has top 3 placements for IB in the Northeast region. But Sales & Trading? Unusual path as MBAs don't go into S&T. S&T is more so Msc in Fin/undergrad. Others can correct me if I am wrong on the last part. 

Jun 3, 2021 - 9:47am

NYU is a target for all the NYC banks. If you prep hard and do your networking work, you'll get looks from all the banks. IB is usually the typical path, with less demand for ER. However, S&T is not a typical path for MBAs anymore. Most banks pulled back from MBA hiring over the past 10 yrs and typically source juniors (undergrads / MSF candidates) for these roles. 

Start Discussion

Total Avg Compensation

June 2021 Investment Banking

  • Director/MD (9) $911
  • Vice President (35) $364
  • Associates (202) $234
  • 2nd Year Analyst (113) $150
  • Intern/Summer Associate (97) $145
  • 3rd+ Year Analyst (27) $145
  • 1st Year Analyst (418) $131
  • Intern/Summer Analyst (337) $82