<p>They definitely go to Michigan. See....I'm not sure for Berkeley and Stanford if it would be the New York Office...I mean, there are other offices that would probably recruit from STanford and Berkeley...offices a little uh...closer to home?</p>
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They definitely go to Michigan. See....I'm not sure for Berkeley and Stanford if it would be the New York Office...I mean, there are other offices that would probably recruit from STanford and Berkeley...offices a little uh...closer to home?
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<p>GS never really recruits 'for an office'. They just recruit and then get the people they want, and then attempt to match them according to the hires geographic preference and what the offices want. There is a chance you will be stuck in a location you don't really want to be in. However, in general, you don't really have any better or worse chance of getting the NY office coming from Berkeley or Stanford than you do coming from some other school. </p>
<p>Heck, in fact, one of the most consistently oversubscribed offices in GS is the San Francisco office. It may actually be true that you may have a greater chance at getting into the NY office coming out of Berkeley or Stanford than you do getting into the SF office.</p>
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What's front/middle/back office?
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<p>Back office-
<a href="http://about.reuters.com/productinfo/s/Back_office/%5B/url%5D">http://about.reuters.com/productinfo/s/Back_office/</a></p>
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The back-office is a term used to describe the staff responsible for processing trades in a financial institution. They handle settlement, clearing, regulatory compliance, accounting and cash management procedures.
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<p>Middle office-</p>
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The Middle-office monitors and manages an institution's risk exposures. In order to manage global market and credit risk, the Middle-office liaises closely with the front-office, responsible for trading operations, and also with the back-office which handles delivery, settlement and regulatory procedures.
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<p>Front Office-
These are the top jobs that everyone wants. The ones where they recruit kids from top schools for.</p>
<p>From what I understand, actually most of the guys recruited by the SF or Chicago offices, or Dallas, who get interviewed by the people in those branch offices, wind up getiing assigned out there. Sooner or later. Often after a stint in NY first. Sometimes not even.</p>
<p>Henry Ford once said, "If you set out looking to get rich, you never make a lot of money. If you set out looking to do something better than anyone else has every done it, without caring about the money, it will come."</p>
<p>Oh also, every single one of the world's billionaires is self-made. The corporate ladder is far too stressful for what it's worth.</p>
<p>High risk=Big Payoff.</p>
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Oh also, every single one of the world's billionaires is self-made. The corporate ladder is far too stressful for what it's worth.
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<p>Well, I don't know about that. There are plenty of billionaires who inherited their fortune. For example, all of the Walton billionaires basically inherited their riches from their daddy, Sam Walton, who founded Wal-Mart. The current Sultan of Brunei controls the oil weath of his country only because he happens to be the descendent of the line of Brunei Sultans. We also have the scions of the Mars candy fortune (Forrest Mars, Jacqueline Mars, John Mars) who all have 11-figure net worths, as well as the Cox sisters (Barbara Cox Anthony, Anne Cox Chambers) who obtained their father's media giant, Cox Enterprises, through inheritance, which have made the sisters reported ly worth about $12 billion each. Heck, John Kerry is reportedly a billionaire mostly because he married 2 extremely wealthy women (who had themselves inherited their riches). He certainly created very little of his personal wealth by himself, although in fairness, it should be said that he spent most of his life in public service where he didn't have the chance to make huge riches.</p>
<p>Is Ohio State recruited at by any ibanking firms? I know it certainly isnt ur Wharton or Sloan, but it is ranked 8th in finance.</p>
<p>not really. you kind of have to make your own opportunities if you go there. it's definitely possible but hard. I recently spoke briefly with the president of their finance club.</p>
<p>Well I think thats where I'll be headed. And I know that some accounting firm(s) set up a permanent recruiting office at Fisher. What did the president say dcfca?</p>
<p>Last I knew (granted a few years ago), the analyst class at Goldman Sachs was ~ 100. Also, they probably recruit at least 25 schools. I know one of my old roommates from Colgate went there from on-campus recruiting and I'm pretty sure they went to Hamilton too. However, they will take more from Harvard, Yale, Princeton, Dartmouth, Wharton, etc. And like someone on the thread said, there are many other places to pursue besides GS.</p>
<p>Analyst at one GS office, right? and...how many offices are there?</p>
<p>I would tell brinscor2005 to buy a copy of the book, Monkey Business,from amazon. Written by two successful ibankers who have quit that career</p>