The F. David Fowler Career Center sponsored a networking reception in Manhattan on June 26 for the current crop of GW students working as summer interns on Wall Street. Alumni employed by the major investment banks, including Goldman Sachs, Barclays Capital, Citigroup, Bank of America, Merrill Lynch, Jefferies and The Carlyle Group, met with GWSB students during the packed event.
The goal was to create a forum where GWSB students interning on Wall Street could have an immediate network with each other and with seasoned alumni. “We also wanted to show GWSB’s appreciation for our Wall Street alumni who were instrumental in getting our student candidates internships this summer,” said event host Andrew Swartz, who has been spearheading the Career Center’s effort to increase GW student employment on Wall Street.
“Our new Wall Street initiative has been validated as evidenced by double-digit offers received by our students in the first year of implementation,” explained Swartz, a former investment banker who now consults for the F. David Fowler Career Services Office.
“Furthermore, more than 80 percent of the offers were for competitive front office positions like investment banking or research,” noted Sarah Saxe, a finance career coach at the Career Center and a crucial partner in GWSB’s efforts to improve Wall Street employment. Saxe has a background as an investment banker.
Alumni in attendance praised the Career Center’s initiative.
“It was great to see so many alumni on Wall Street making an appearance and all of the students GW has helped out. This is a real turnaround in our career services,” said Brian Palo, BBA, ’09, who is employed by Citi in investment banking.
“GW has clearly taken several important steps to improve its visibility on Wall Street,” said Alex Foster, BBA, ’08, of Barclays’ investment banking division. “I wish there were a program like this when I was in school.”
Students who landed positions on Wall Street this summer were equally supportive.
“I can honestly say I would not have the internship I do now if it were not for all of the help I received from GWSB Career Center. FDFCC staff worked with me tirelessly to help me prep for my interviews,” said Michael Waterman, a rising senior currently interning in the investment banking division at Barclays.
The Career Center plans to continue and build on its “Wall Street Initiative” in the coming year.