{"id":7376,"date":"2011-05-31T10:57:27","date_gmt":"2011-05-31T18:57:27","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=7376"},"modified":"2011-05-31T10:57:27","modified_gmt":"2011-05-31T18:57:27","slug":"mba-admissions-cornell-johnson-and-investment-banking","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/mba-admissions-cornell-johnson-and-investment-banking\/","title":{"rendered":"MBA Admissions: Cornell Johnson and Investment Banking"},"content":{"rendered":"<p><em><a href=\"https:\/\/www.accepted.com\/mba\/CornellJohnson.aspx\" target=\"_blank\"><span class=\"full-image-float-right ssNonEditable\"><span><img decoding=\"async\" style=\"width: 180px;\" src=\"\/storage\/b-school-pics\/Cornell.JPG?__SQUARESPACE_CACHEVERSION=1306729072989\" alt=\"\" \/><\/span><\/span><\/a><\/em><\/p>\n<p><span class=\"st_facebook\"><span class=\"st_twitter\"> <span class=\"st_linkedin\"><span class=\"st_email\"><span class=\"st_sharethis\"> <\/span><\/span> <\/span><\/span><\/span><\/p>\n<p><em>This post about <a href=\"https:\/\/www.accepted.com\/mba\/CornellJohnson.aspx\" target=\"_blank\">Cornell Johnson<\/a> and investment banking is part of a series of interviews of <a href=\"https:\/\/www.accepted.com\/Zones\/bschools.aspx?utm_source=AcceptedBog&amp;utm_medium=Post&amp;utm_campaign=CareerGoals&amp;utm_content=CareerGoals\" target=\"_blank\">top MBA programs<\/a> called \u201c<a href=\"https:\/\/blog.accepted.com\/acceptedcom_blog\/tag\/bschool-career-goal-strengths\" target=\"_blank\">MBA Career Goals and the Bschools that Support Them<\/a>.\" Please <a href=\"https:\/\/www.accepted.com\/blog\/subscribe.aspx\" target=\"_blank\">subscribe to our blog<\/a> to ensure that you receive all the interviews exploring the elements at each school that support career goals in finance, consulting, general management, entrepreneurship, marketing and more.<\/em><\/p>\n<p><em> <\/em><\/p>\n<p><em>Here is the interview with Laurie Shunney, Assistant Director of Admissions and Financial Aid at <a href=\"https:\/\/www.accepted.com\/mba\/CornellJohnson.aspx\" target=\"_blank\">Cornell Johnson<\/a>.<\/em><\/p>\n<p><strong>What kind of background and skills do you like to see in applicants expressing interest in a career in investment banking?<\/strong><\/p>\n<p>Investment banks are open to considering a wide variety of backgrounds, from Military to Engineering; this helps them expand their perspectives on the clients they serve. With that said, banks are much quicker about getting to yes on a candidate if they have some experience with financial modeling, valuation or accounting.<\/p>\n<p><strong>What aspects of your curriculum do you feel are best suited to students who want to eventually pursue a career in investment banking?<\/strong><\/p>\n<p>Johnson has perhaps the best pre-banking curriculums in the country. Our <a href=\"https:\/\/www.johnson.cornell.edu\/Academic-Programs\/Full-Time-MBA\/Two-Year-MBA\/Curriculum\/Immersion-Learning\/Investment-Banking.aspx\" target=\"_blank\">investment banking immersion<\/a>, taught by a former Merrill Lynch Managing Director, is designed to put first-year students in real Associate-level scenarios and prepare them for summer internships. We also require future bankers to take Valuation, Accounting, Finance and additional modeling seminars.<\/p>\n<p><strong>Which school clubs and extra-curricular events are most relevant to people interested in investment banking?<\/strong><\/p>\n<p>Our <a href=\"https:\/\/forum.johnson.cornell.edu\/students\/orgs\/ezra\/\" target=\"_blank\">Old Ezra Finance Club<\/a> is the primary club concerned with investment banking. In their weekly meetings, OE focuses on the soft skills and tactical plans to secure an investment banking position.<\/p>\n<p><strong>Since \u201cinvestment banking\u201d is a very broad term, can you break down some of the some of the sub-categories in the field that your school excels in?<\/strong><\/p>\n<p>Investment banking is typically thought of as M&amp;A and Corporate Finance advisory at most firms. Although, the banks often provide sales &amp; trading services, private wealth management and asset management services as well. Johnson\u2019s <a href=\"https:\/\/www.johnson.cornell.edu\/Academic-Programs\/Full-Time-MBA\/Two-Year-MBA\/Curriculum\/Immersion-Learning\/Capital-Markets-and-Asset-Management.aspx\" target=\"_blank\">Capital Markets and Asset Management Immersion<\/a> helps students focus on those careers.<\/p>\n<p><strong>Which investment banking firms recruit at Cornell Johnson? How many graduates of your 2010 class received offers from each of these firms?<\/strong><\/p>\n<p>Over the past few years, every major Wall Street firm hired Johnson students in investment banking, as well as a number of boutique, specialty and regional firms. In 2010, a down year for banking, roughly 20 students at Johnson accepted full time positions. This compares to approximately 40 in 2008 and 40 internships in 2011.<\/p>\n<p><strong>Download Accepted's new special report, <em><a href=\"https:\/\/www.accepted.com\/mba\/apply.aspx?utm_source=Blog&amp;utm_medium=Post&amp;utm_campaign=MBAactionplan\" target=\"_blank\">MBA Action Plan<\/a><\/em>, for practical tips on what you can do <em>now<\/em> to increase your chances of getting in to a top business school next year. (P.S. It's free!)<\/strong><\/p>\n<p><strong><br \/>\n<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This post about Cornell Johnson and investment banking is part of a series of interviews of top MBA programs called \u201cMBA Career Goals and the Bschools that Support Them.&#8221; Please&#8230;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3,4,113],"tags":[],"class_list":["post-7376","post","type-post","status-publish","format-standard","hentry","category-mba","category-b-school-life","category-career-reviews","category-applications","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/7376","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=7376"}],"version-history":[{"count":1,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/7376\/revisions"}],"predecessor-version":[{"id":7377,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/7376\/revisions\/7377"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=7376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=7376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=7376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}