chostein
Wow. Good thing I applied for the 2nd round. A lotta people jumping in for the 3rd
Ariel:
1. How's internship situation looking for the class of 2012, especially for finance people? Also, can you tell us which companies came to campus?
2. One of the immersion programs, CMAM, looks very stock market-oriented (vs. real estate). Does the program cover real estate finance as well or is it strictly corporate finance?
Thank you,
1) Closed lists are coming out right now, that's where we are in the recruiting cycle. It's early to talk about offers but I think we're in a good spot. About 40-50% of the class will likely get offers over the next 6-8 weeks (on-campus recruiting), the rest will likely get them through off-campus later on in the cycle (i.e. March, even April). I have no doubt that almost everyone will get an internship (same at every other decent school), the question then becomes whether people got the offers they wanted or they had to settle.
Re companies that recruit on campus, depends on what area of finance you're referring to. For Corporate Finance Citi, JP Morgan, AMEX are huge of the financial services. There are also a bunch of CPGs (Unilever, P&G, Johnson and Johnson, SC Johnson) and pharmas (Merck, Synthes) are recruiting for corporate finance. Re IB, Cornell is a core school at some of the bb-s, so I'm sure we'll get offers there. This year there are a few boutique ones coming to campus as well, which traditionally has been more challenging in the past, since these are small shops and we don't have a lot or any alums. Re S&T there are BNP Paribas, TD Securities and a few others. Equity research is very limited on campus, most people do off-campus. Anything IM related, we have relationships with Fidelity, PIMCO, etc a lot of the money managers in the Boston area. There are also a bunch of international treks (UK, far East Asia, Turkey, Columbia), so there are international opps as well.
2) CMAM is for people interested in S&T, ER and IM mainly. I havent heard of a lot of people who want to go in real estate and in my opinion it's not the best program if your interests lie there. Some folks interested in real estate do the IB immersion instead. I believe there is also a dual program, which might be more suitable. What exactly in the real estate arena are you looking to do?