How's Recruiting at Stern?

<p>Can anyone provide me with statistics of recruiting for undergraduates at Stern? By recruiting statistics i mean the number of graduates taken by each firm, the firms hiring the most number of graduates etc...
an example of such a collection of statistics is in the link provided below, its' for Wharton however</p>

<p><a href="http://www.vpul.upenn.edu/careerservices/wharton/surveys/Wharton2006Report.pdf%5B/url%5D"&gt;http://www.vpul.upenn.edu/careerservices/wharton/surveys/Wharton2006Report.pdf&lt;/a&gt;&lt;/p>

<p>I want to get a general idea of the recruiting scene at Stern, because i keep hearing that Stern is a "30-resume drop-2-interviews" school, where a large majority of students wanting to go into i banking etc, don't get hired....i just need some positive statistics on Stern recruiting so it gives me some degree of solace lol</p>

<p>I heard of the same rumor as well. However, rumors are not necessary true. Also, employers do not look at what school you go to. Additionally, Stern is a very good business school. </p>

<p>I could not find any statistics. However, here is a list of employers that do go to NYU to recruit students for jobs. I do not know which one actually does investment banking but it is likely the ones that are banks are (Employers - Financial Services).</p>

<p>Center</a> for Career Development</p>

<p>This also may help you.</p>

<p><a href="http://www.vault.com/graddegree/school/school_main.jsp?program_id=2300&type=3&co_page=5&ch_id=408%5B/url%5D"&gt;http://www.vault.com/graddegree/school/school_main.jsp?program_id=2300&type=3&co_page=5&ch_id=408&lt;/a&gt;&lt;/p>

<p>The first link made me feel a whole lot better lol...im seeing a bunch of hedge funds and private equity frims recruiting there which i dont see recruiting at Wharton...also, I keep hearing that Stern isn't well recruited for consulting, but i see numerous top consulting firms recruiting there.....I'd appreciate feedback from anyone who has actually experienced the recruiting scene at Stern...</p>

<p>bump</p>

<p>To</a> Sternies | WallStreetOasis.com</p>

<p>i found this link rather disconcerting...apparently Sternies are not doing so well during recruitment season, even those Sternies who have GPAs of 3.96...can any current Sternies or NYU students who have been through the recruitment process please assess the validity of the posts made in that thread?</p>

<p>That's a small sample size. And when the economy faces a downturn, it's the financial sector which feels it first...</p>

<p>i know that for ibd, each bank made like 2-3 offers for the summer internships. have no clue how many of those offers were made to the same person. the thing is that pretty much half the class applies to the same jobs so you will definitely hear more negative stories than positive ones. but people do get them. those are usually the people with high GPAs and some prior internships at small firms. what i've found is that the kids who network go on a lot more interviews.</p>

<p><a href="http://www.facebook.com/s.php?k=100000004&id=8949161316&gr=2&hash=a5b20a7eefb8682fd30e426a828e2f50&s=10#/group.php?gid=8949161316%5B/url%5D"&gt;http://www.facebook.com/s.php?k=100000004&id=8949161316&gr=2&hash=a5b20a7eefb8682fd30e426a828e2f50&s=10#/group.php?gid=8949161316&lt;/a&gt;&lt;/p>

<p>Merrily Lynch seems to have a large NYU representation</p>

<p>
[quote]
what i've found is that the kids who network go on a lot more interviews.

[/quote]
</p>

<p>can someone explain what exactly "networking" entails? does networking mean knowing someone who works at a bank, and asking him/her to give you an interview? or does it simply mean emailing some random alum using your Stern network and requesting an interview?</p>

<p>networking is a lot of things, but it usually does not entail you asking them for an interview, rather it is getting to know them better with the hopes that they will ask for your resume and offer you the interview. it can include talking to an employee after they make a presentation at your school. many schools also hold alumni events where you can meet influential alumni. i know nyu has a thing where they can pair you up with an alumni mentor. there are also a lot of corporate mingling events where you can meet people. another way is to ask for an information interview so you can just learn more about their company and afterwards they may ask for your resume. iit can mean meeting someone at a career fair. t is pretty much just going out and meeting everyone you can. </p>

<p>however, it is not as easy as it sounds. after every presentation or event there is always a hoarde of sternies trying to start conversation with the speakers so it can be tough to stand out. while i am not in BAP (the business frat) a lot of my friends are and they say that BAP has helped them find their internships. in short, there are various resources that can be used, you just have to take advantage of them.</p>

<p>
[quote]
i know that for ibd, each bank made like 2-3 offers for the summer internships.

[/quote]
</p>

<p>Isn't that a little less? How many full time offers are made each year by the top bulge brackets, on an average? are they in the 10s and 20s, or just in single digits?</p>

<p>It's not like everyone'll become an i-banker anyway ;)</p>

<p>By the time we get out, I'm sure the economy will have gotten at least a little better :)</p>

<p>I hate the concept of networking, I really do. You either have to be genuinely interested (in which case, you ought to do an information interview or something else that's more one on one), or you have to be really really good at faking it. People remember enthusiasm, and on the flip side, they can usually tell when you're being fake. I'm convinced the reason I have the job I do is because it was practically the only one I actually wanted and that probably showed. </p>

<p>And about actual recruiting - this year was pretty terrible, so I wouldn't try to extrapolate from that. Don't forget, having a 3.96 doesn't mean they have an otherwise interesting resume - it also doesn't mean they can pull off the interview.</p>

<p>i have no idea how many full time offers were made, i only heard about summer internships. but from what ive heard from fellow students and carreer advisors, this years recruiting was not unusually low, so the figures should be roughly accurate, or at worst just slightly below average. </p>

<p>i also wasn't too convinced by that dude with a 3.96. he probably went on interviews but had bad social skills. after you get called for an interview, the 3.7's are equal to the 3.9's. i do think that the 3.7 may need better ec's than the 3.9 to get the interview in teh first place, but after that it's how you come off that matters.</p>

<p>so how many get hired by bulge bracket IB divisions?</p>

<p>Actually, summer internships weren't too affected - firms are just pulling all their full time offers from the intern pool instead of interviewing during the recruiting season... of course, I don't know stats for the whole class or anything either, but that was my impression.</p>

<p>
[quote]
And about actual recruiting - this year was pretty terrible, so I wouldn't try to extrapolate from that.

[/quote]
</p>

<p>So Stern is not a major target for BBs then? I've heard its mostly the botiques that recruit from Stern more than the bulge brackets...also how's about recruiting for S&T, as opposed to IBD? There was a thread on WSO about how Stern is barely recruited for S&T, which I found rather disconcerting...</p>

<p>Different recruiters = different opinions. I know one major firm was actively trying to get more sternies as opposed to other schools (inside push by a Stern alum). This is the last thing you should be worrying about, just focus on working hard, getting good grades, making friends and having fun. The rest will come to you.</p>

<p>i know of a few sternies who are interning as traders this summer. not sure how strong sales and trading is at stern, but there are definitely kids doing it. i would say probably you just wont hear as much about it (from fellow students) since most in stern only care about ibd</p>