Rutgers-Newark and New Brunswick Graduates on Wall Street: Perceptions and Success

Graduates from Rutgers University, particularly from the Newark and New Brunswick campuses, have a varied reputation among Wall Street firms. Factors such as the specific programs they studied, their networking efforts, and internship experiences significantly influence their perceptions.

Rutgers-Newark: A Strong Focus on Diversity and Inclusion

Rutgers-Newark is known for its strong commitment to diversity and inclusion, which can be particularly appealing to firms seeking varied perspectives. The universityrsquo;s business school, particularly its MBA program, is renowned for its rigorous curriculum.

Strengths of Rutgers-Newark

Diversity and Inclusion: Enhanced the schoolrsquo;s appeal to firms looking for a broader range of perspectives. Rigorous Curriculum: Strengthened the MBA program, ensuring graduates are well-prepared for the challenges of Wall Street.

Perceptions

While not as recognized as some Ivy League schools, graduates from Rutgers-Newark can still find opportunities, especially if they have relevant internships or connections in the industry.

Rutgers-New Brunswick: Stronger Presence and Recognized Programs

Rutgers-New Brunswick generally has a stronger presence on Wall Street with more recognized business and finance programs. The universityrsquo;s robust alumni networks and career services can significantly help students secure internships and jobs.

Strengths of Rutgers-New Brunswick

Stronger Recognition: More recognized than Newark, particularly for business and finance programs. Alumni Networks: A robust network that can help students secure internships and jobs. Career Services: Extensive support to help students find employment opportunities.

Perceptions

Graduates from New Brunswick, especially those with degrees in finance, accounting, or related fields, are often seen as more competitive candidates. Wall Street firms may view these graduates favorably, particularly if they have demonstrated strong academic performance and relevant experience.

General Considerations for Success on Wall Street

Networking: Success often hinges on networking, internships, and connections, rather than solely on the name of the institution. Rutgers alumni effectively use their networks to secure positions.

Internships and Experience: Graduates who have completed internships at financial firms or participated in relevant extracurricular activities are typically viewed more favorably.

While Rutgers graduates may not have the same instant recognition as those from top-tier business schools, many have successfully carved out careers in finance through strong performance, networking, and relevant experience.

Rutgersrsquo; Road to Wall Street Program

Recently, Rutgers introduced a program called “Road to Wall Street”. This program assigns students an industry mentor and places them at many of the best firms in the world. The Road to Wall Street program is highly competitive and requires a rigorous interview process. It ultimately selects a small percentage of its applicants. The programrsquo;s supporters include Harvey Schwartz, a Rutgers alumnus and former President of Goldman Sachs.

Almost any student at a school like Wharton will be considered for front-office positions at top firms. The top 10-20 students at Rutgers will be competitive for positions like Investment Banking. Many “name-brand” schools only offer econ majors at the undergraduate level, whereas having a degree in Business Finance, Accounting, or Business Analytics provides students with a competitive edge. Additionally, many of my best students have gone on to get an MBA at Harvard, Wharton, and other top programs, indicating that Rutgers students can compete at the highest and most competitive levels.