Why club doesn’t hold up after college

Just a random thought. There are a lot of finance/banking clubs. And it's provides good friendship and network to break in. Why the club network doesn't carry after people graduate? Do you know any college clubs that still maintain and socialize after college? Is there any college like club for professionals?

Comments (14)

 
  • Analyst 1 in IB-M&A
Nov 21, 2020 - 6:27pm

Generally, the leadership teams of these clubs are generally tight after graduation, especially in NYC. For the general member, it was just a way to get onto listservs and hear about campus recruiting events, so they don't give a shit.

I know some of the more exclusive intercollegiate finance clubs like GPS are still close post-grad.

 
Nov 21, 2020 - 8:10pm

There are a few informal iterations of this outside of college, but nothing structured.

I generally find ppl of similar interests in 'high finance' informally find each other and stick together. It's like attending the same TMT sell side conferences over and over again, you naturally see the same ppl there all become friends (at least 'industry friends'). Same for those distressed bankers who keep running into each other, pitching the same pre-pack deal. Or those wild and crazy value investors ;) on Value Investors Club (VIC) finding each other at VIC meet ups (pre-covid) and bond over deep value securities. CBS's Value Investing program is fairly tight and continues post-MBA, it's also a self-replenishing network as alums mentor current students and the cycle continues....w/ CBS's overall investment club (CSIMA) has similar attributes.

But a formal club of industry professionals doesn't really exist outside of school, unless you're at a very high level (i.e. Tiger 21).

 
  • Analyst 1 in IB-M&A
Nov 21, 2020 - 11:00pm

Started my own finance club. The founders and the people who joined the year after are/will definitely stay in close contact.

 
Nov 22, 2020 - 7:56am

There's industry clubs that serve a similar role. For example, ULI is huge for real estate, at least it is in my market but seems to be the case nationally too

Quant (ˈkwänt) n: An expert, someone who knows more and more about less and less until they know everything about nothing.

  • 1
 
Nov 23, 2020 - 7:28am

Experiences prob differ but my UK finance society leadership commitee has remained quite close (prob helps finance is concentrated in London vs US with mutliple substantial cities outside NYC).

Array
 
Most Helpful
  • VP in S&T - FI
Nov 23, 2020 - 11:56am

Obvious answer: it's fun to Larp as a finance professional for a few hours a week when you're a college student, it's not fun to be in a finance club when you're already doing finance 70+ hours a week for 5+ years. The last thing i need in my life is more finance 

 

 

 

 
Nov 23, 2020 - 4:46pm
Start Discussion

Total Avg Compensation

November 2020 Investment Banking

  • Director/MD (18) $713
  • Vice President (51) $332
  • Associates (271) $228
  • 3rd+ Year Analyst (39) $161
  • 2nd Year Analyst (152) $153
  • Intern/Summer Associate (139) $139
  • 1st Year Analyst (592) $130
  • Intern/Summer Analyst (565) $82

Leaderboard See all

1
LonLonMilk's picture
LonLonMilk
98.4
2
Jamoldo's picture
Jamoldo
98.3
3
Secyh62's picture
Secyh62
98.2
4
CompBanker's picture
CompBanker
97.9
5
redever's picture
redever
97.8
6
frgna's picture
frgna
97.5
7
bolo up's picture
bolo up
97.5
8
NuckFuts's picture
NuckFuts
97.5
9
Addinator's picture
Addinator
97.5
10
Edifice's picture
Edifice
97.5