Investment Banking?

Hi everyone, I was just wondering how Wake Forest’s placement in BB/EB investment banking jobs is? Ideally, I would like to work in Energy Banking in Houston, then Wall Street, then Charlotte, and last but not least, Atlanta. If I received admission under Early Decision (submitted 9/06), then my only other viable option is UNC-Chapel Hill. I understand UNC probably has much better placement than wake forest for investment banking and I would be receiving in state tuition, but what does Wake offer?

Wake actually place quite well in IB with several BBs (NYC and Charlotte - don’t know about Houston but I would be surprised if they did). Although a much smaller annual class than the targets or UNC, they put about 50 kids per yr (very substantial percentage) in solid programs. Check the website. The Office of Career and Personal Development has a section that shows the first destination report per major and breaks it down per student (literally accounts for every student that responded to the employment surveys (very high percentage / knowledge rate). Is this as good as targets? In pure numbers likely no, but in percentages, very competitive. The banks and consulting firms know Wake is a great school with a very tough track that puts out well rounded grads that are ready to go to work. Very well respected.

Thank you for this information. Someone that attends wake showed me the Excel File with first destination surveys and I was quite surprised. As you said, about 50 kids from finance/econ/business enterprise majors got into some sort of investment banking/private equity role. I have no clue what the percentage would equal to, but would you estimate it to be around 30%-40% of all finance/econ/business enterprise grads, or much lower?

40% might be high but it’s a lot. There are about 100 finance majors each yr and at least 30% go in to banking with another 20% going to consulting. Kind of reverse for Business Enterprise Mgmt and econ is varied. Financial Services and Consulting make up the largest percentages of the placement of grads throughout the whole school, not just business. (of course the accounting students go on to get their MSA and a lot of kids go on to law school and med school.

S is a sophomore and attends many on campus company events. Doesn’t have time to go to all of them as there are many.