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Guardian Life to Hire 130 Graduates in Financial Advisor Expansion
New York-based Guardian Life is looking to hire as many as 130 college graduates as part of its plans to attract 875 new financial reps in 2013. Unlike its more experienced hires, Guardian puts college grads through a training program by placing them into a team-selling environment, where they are mentored by staffers who have […]
Consulting Jobs Require You to Name Microsoft’s Worst Product, Coffin Math
How many people will buy coffins in a country with five million people? What’s Microsoft’s worst product? These are just a couple of the questions M.B.A. graduates and prospective interns from New York University’s Leonard N. Stern School of Business were asked by consulting companies in recent months. If you can answer them and the […]
Five Ways to Pick the Right MBA
MBAs come in different shapes and sizes For those considering admission to an MBA program, your choice of school is a critical career decision. Over the past few months, I have spoken with admissions officers, marketing directors, students, professors, alumni, and headhunters from the world’s top-20 business schools. The advice below came up again and […]
Good News For Students: Wall Street Internships Seem Safe
As Wall Street continues to lay off thousands while some investment banking and fixed-income businesses dry up, many financial services firms still say they’re planning to maintain their summer internship programs at current levels. That’s the word that eFinancialCareers has received from a variety of companies such Goldman Sachs, Citigroup, and Morgan Stanley. Vanguard, the […]
Secrets to a Successful Internship
Gaining a place on an investment bank’s summer internship program is incredibly competitive, but it’s also the easiest route to securing a full-time position. Depending on the bank and division you’re applying to, on average 60-75% of interns receive an offer, with some firms even filling all their front-office positions with intern conversions. “Ultimately, I […]
Real Questions Banks Ask Grads and How to Answer Them
You’ve either just graduated or are about to graduate with a degree pointing you toward an investment banking career. One of your first steps in that direction will be a series of interviews that will test your motivations for working in the industry, your financial sector know-how and your mental agility. The best defense is […]
What Whistleblower Greg Smith Says about Life as a Goldman Sachs Intern
Goldman Sachs likes to portray its internships as a happy time where students can acquaint themselves with the machinations of the bank, indulge in wholesome team-building activities and open the door for what will no doubt be a very satisfying career. If the first (supposedly boring) chapter of a hotly-anticipated book by whistleblower Greg Smith […]
How investment banks’ graduate recruiters evaluate your resume
You may think that graduate hiring decisions are based entirely upon whether you went to the right school, got the right grades, or whether your uncle knows the head of M&A at the bank to which you’re applying. They’re not. Investment banks and financial services firms work hard to make their graduate recruitment processes as […]
MBA Grads still make more in financial services, but most go into management consulting
This is a great time for MBA students with aspirations to go into management consulting, finance, marketing and healthcare. Several reports list these concentrations as the highest paying for MBA graduates. “One third of (the graduates) of the elite MBA programs are going into management consulting,” says Adam Connors, a partner in the Career Advisory […]
Some of the best of the B-schools team up to recruit
If you’re seriously considering pursuing an M.B.A. degree and want the convenience of meeting representatives from top business schools in a single location, attending several M.B.A. fairs is more than a great place to start—it is almost a required activity. Now, some of the best schools are making it a little easier. S7 Partnership Seven […]
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