Hello. I am a high school senior recently admitted to the Olin Business School at WashU. I really like WashU and it seems like a great place to go to college. I am concerned, however, about the job placement in Investment Banking in New York City. While I am not positive I want to go into Investment Banking, I think there is a good chance I will want to go into that field. Regardless of the field I choose to go into, I would want to live/work in New York as I am from New York. I am considering other schools that are regarded to have better recruiting for Investment Banking and other Finance-type jobs in New York (NYU Stern, Georgetown McDonough, and Michigan Ross) but I feel that I fit best at WashU. I was wondering if any one could talk about what Investment Banking recruiting is like at Olin and how hard it would be to get a job in New York after graduation. Thank you.
I will say my experience with Olin is limited to what I’ve seen through friends. From what I’ve heard, I-Banking chances at WashU have gotten much better, especially as Olin has really strengthened in recent years. I know Goldman Sachs, Morgan Stanley, and JP Morgan Chase are some of the I-banks that have hired students in recent years and they now recruit on campus. Of the business majors I knew, they tended to get pretty impressive jobs after graduating.
This might be worth your perusal: https://olincareers.wustl.edu/SiteCollectionDocuments/PDFs/WCC/WCC_EmploymentReport.pdf
Thank you for the responses. Do you think that I would be giving up anything career wise by going to Olin over Stern/Ross/McDonough?
IMO, no, especially if you feel that wustl is the best fit for you.
From what I’ve observed, those that want to work in NY have no problem getting a job in NY. Wustl just has such a high %age of people who end up in the midwest or out west after graduation simply because that’s either where they dream of going or they’re from that area originally.
(For example, I have many finance-minded friends in Chicago right now because they want to work in that general industry but NY is too far from their Illinois-Chicago-suburb home town).
Thank you for the feedback @Johnson181