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The Fertitta Veterans Program

Benjamin Davies is a current Full-time MBA student, specializing in Investment Banking and Strategy. Prior to Stern, Ben was a Captain in the US Army. Post-MBA, he hopes to pivot into an Investment Banking role. At Stern, he is a Consortium Fellow, Fertitta Scholarship recipient, and is active within the Military Veterans Club.

The Decision to Pivot

When I graduated from West Point in 2016, I had one objective I wanted to accomplish during my time in the military. I wanted to deploy to a combat zone as a junior leader to gain experience leading Soldiers in a challenging environment. I was fortunate enough to accomplish this goal twice over and faced the option of getting out of the Army in 2021. When presented with this decision, I realized that I was ready for a new challenge and needed new goals to align with my passions.

I took several months to self-reflect and understand what I wanted from the next chapter in my life. I wanted to continue solving complex problems based on comprehensive research and learning new skills in a short period of time. I decided that investment banking would allow me to continue working in this fast-paced environment that required teamwork to succeed. In order to make this pivot, I realized I needed to grow my business acumen and professional network to be able to secure a job at a leading financial institution. In order to pivot from the Army to corporate America and investment banking, business school was the obvious answer.

Why NYU and Why Fertitta?

NYU Stern immediately stood out amongst other business schools due to its location in the heart of the banking capital of the world and its veteran initiative – the Fertitta program. After speaking to veterans who were current Stern students, I quickly realized that they lived the values of IQ + EQ. Every student and faculty member I interacted with spoke about the incredible people they were surrounded by. It was inspiring to find a school where I could grow my network and learn from some of the best professors in the world.

From the outside looking in, I thought the Fertitta program was too good to be true. NYU Stern truly stood out in the way that it supported its veterans in such meaningful ways. The program deliberately bridged the gaps that most veterans inherently have when transitioning to corporate America. The Fertitta program allows veterans to take Financial Accounting and Statistics – requisite 3.0-credit core classes— over the summer, which reduces the course load during the fall, and ultimately enables us to focus more on recruiting and securing a summer internship. During the summer semester, the veteran cohort also had the opportunity to participate in company treks to tour offices and meet Stern veteran graduates who were working in top-level companies. The final piece of the Fertitta program is the financial aspect which greatly assists the change in lifestyle that all full-time students undertake. Looking back on the experience, I was also able to build incredible bonds with my veteran cohort from an early stage and give me a close circle of friends that I can always rely on.

Education Benefits

At 29 years old, I had not been in an academic classroom in over seven years. I was nervous and apprehensive about contributing to a classroom filled with brilliant classmates who had recently graduated from top-tier institutions. Being able to attend the summer semester surrounded by other veterans made the transition from the military to the classroom much more manageable. Both of my summer professors presented challenging material in ways we could digest and establish academic proficiency. Because of my summer classroom experience, I now have a much stronger foundational knowledge of accounting principles, which will pay dividends during fall recruiting.

Company Treks

The most beneficial part of the summer semester was the opportunity to participate in company treks to firms like McKinsey, Morgan Stanley, Mastercard, and Pfizer. Our cohort was able to network with other veterans at these companies and gain a firsthand look at their day-to-day operations. We were able to ask candid questions to veterans—many of whom were Stern alumni—and had been in our shoes several years ago. I found the experience incredibly beneficial, and I now have a roadmap for success for the upcoming semester and a much deeper understanding of what type of job I will be recruiting for.

Looking Back on the Experience

As I look back upon my summer semester, the moments that stand out occurred because I was surrounded by fellow veterans whom I am now lucky enough to call friends. When I left the military, I was saddened by the realization that I might never find the same closeness and trust with the people around me. When I nervously arrived for my first day of class at Stern, that thought was immediately erased. Through the Fertitta program, I found 29 remarkable veterans who will be some of my closest friends during my time here and beyond.

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Mastering the Art of the Coffee Chat

Isabelle is a recent MBA graduate, specializing in Global Business, Strategy and Product Management. Prior to Stern, Isabelle was a consultant at Accenture specializing in the life science industry. Post-MBA, she is about to start working for Samsung Electronics as a Global Consultant . At Stern, she was involved in the leadership of Asian Business Society, Student government, Stern Technology association, European Business association and as a member of the Latin American Business Association, Stern Women in business  and the admissions office as a Graduate assistant. 

I came into Stern knowing I wanted to work directly with a product in an innovative field, but like many people who join as first years, I was also looking to learn and explore. While I was secretly hoping someone would be able to tell me my dream job, real life is not that simple – it never really is! But Stern gave me every opportunity to explore. 

Even before you start school, you begin hearing about the importance of recruiting. You receive the Ignite prep and begin chugging away. A lot of information is thrown your way but you keep hearing the same two words: Coffee chats. 

As someone allergic to caffeine, I was less than enthused by the idea of chatting with someone over coffee. My nerves continued to grow as I pictured a potentially  awkward conversation with an industry leader, while I sat there with a cup full of coffee, easing my nerves by pretending to sip every so often to have something to do with my hands. Beyond the awkwardness, coffee chats or informational interviews invoked an image of small talk and desperation. To say the least, these “chats” were not something I was looking forward to.

Now however, I now easily have a coffee chat a day, even after the end of formal recruiting. This change is completely thanks to Stern and the students I recruited with. Almost every alum, student, professor, or professional I reached out to has replied eagerly to share advice, experiences and sometimes (when I was really lucky), even an interview or job opportunity. In an effort to ease your nerves, I thought I would share my learnings about coffee chats!

Rarely any coffee 

This may be silly to say or obvious to some, but coffee chats often don’t involve any coffee. Today,  many coffee chats today are virtual, and if they aren’t, you are always welcome to get another beverage!

Networking is not a dirty word

Often people feel like networking is superfluous because it conveys that you want something (in this case, a job), but that’s not all networking is. Yes, when you set up a coffee chat, you should be the best version of yourself so that the person on the other side will help you, but the aim of the conversation should be to learn about the person you are talking to- whether that is about the company they work for, their interests, or what they did before. In the end, you should aim for the conversation to be as fruitful for them as it was for you. It is a give and take. My best coffee chats were those in which I was able to share my experience with the industry professionals to help them with their own questions or problems. 

As an example, when I was networking with a large bank, I met someone who had the exact position I was interested in. We spoke about the job and the company, but even more so we spoke about what we liked to do, I talked about my community and non profit interests, and they asked me to help them find a way to give back. This person became more than just someone who helped me get an interview, they became someone who I still connect with for advice. 

Coffee chats are not always just a one time thing

The goal of a coffee chat should not just be a one-time conversation to learn about the company, it should be about you growing your network. If you are able to form a more lasting relationship with that person, it makes a big difference – not only in recruiting, but in many areas of your life. 

Remember, industry professionals are just people 

We all often walk into coffee chats nervous and lost. “What do I tell this stranger about myself?” But often, the other person is feeling exactly the same way. They may have just come out of a long meeting or were just concentrating on a task at work. In the end, they have given up their time because they want to be of help, so make sure you come in with questions that will help you most.  

I have been and still am on both sides of the coffee chat, and what always goes through my mind is the airport test. Throughout this conversation with this person, have they given me a sense that I would like to spend 5-10 hours with them in an airport if we were to get caught in delays? So remember that the person is human, have empathy, and build a human connection.

Coffee chats are not always conducted one on one 

Sometimes, coffee chats during recruiting include multiple people with one industry professional. When this happens, make sure that you stand out in some way. Have a list of questions you want to ask and do your research on the person. Always ask for their contact information and follow up to see if you can get a solo chat. 

Lastly, Stern is always there to support us 

Every office at Stern comes together to make sure that you are prepared for recruiting. Stern Career services constantly provides you the opportunity for you to make connections, bringing in hundreds of companies to speak with students. The professional clubs like Stern Tech Association and Management Consulting Association lead knowledge transfer sessions and study groups to prepare you. Other students and professors give up their time to practice with you and give you advice. So take advantage of it!

Key Takeaways

Keeping these things in mind really helped me reform how I looked at coffee chats. Now, everyone is going to have different advice for coffee chats – a former Sternie wrote her advice in 2021 –  but mastering the coffee chat is really about understanding yourself and how to present that to the person standing in front of you. These are some tips that helped me feel comfortable  while growing my network. 

1.  Always ask for the coffee chat host’s contact information 

Make sure to get their information before the end of the coffee chat and send a thank you note afterward. Often, it is good to ask near the beginning or middle of a group coffee chat, but if you are alone, leave it for the last question. 

2. Be genuinely curious

People like to talk about what they are doing – so ask them about it! Make sure to do your research and prepare questions ahead of time. While the conversation can go in any direction, preparation will help you stand out and make the most of the conversation.

3. Look at each coffee chat as a first step

You will rarely only speak to one person at a company. So use each coffee chat as a chance to research for your next one. Ask questions like “what is the biggest challenge your team is facing” or “where do you see the company going in the next year” or “what is the most exciting thing your company is doing?” This way, you hear real-world problems companies face today and will be ready for your next chat and, eventually, interview! 

4. Not all coffee chats are evaluative, but you should prepare as if they are 

Always research before a coffee chat and show your commitment. You never know how the conversation will impact your future career.

5. Be direct 

When you ask for time, be direct in what you hope to speak about so that the person knows exactly why they are meeting with you. You don’t want to use their time asking questions you could have learned on the website!

6. If you have the choice, choose a place in which you are comfortable 

Many coffee chats are done virtually now, so make sure you pick a place that you feel most comfortable. If the person gives you the option of an in person chat, take that option because it often leads to better connections. Choose to meet in a place you like that is quiet and also not too expensive, often they will pay out of their own pocket for you. 

7. Never leave a conversation without having at least one other person to reach out to

You can not build your network unless you ask for more contacts. I like to ask every person I talk to for 2 other people who I should contact based on the interests I have expressed during our conversation. 

8. Be you

As someone who has been on both sides of the coffee chat, it is so easy to see when someone is not being genuine. Remember the airport test-  I want to be able to tell if I would like to spend time with you. The more I want to spend time with you, the more helpful I can be. 

Just be yourself. I promise you, the other person will appreciate it.

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A Day in the Life of a Sternie

Brittany Fidalgo is a recent MBA graduate, specializing in Strategy and Global Business. Prior to Stern, Brittany led HR at small and mid-size businesses. Post-MBA, she is going into Consulting at PWC. At Stern, she was involved in AHBBS, SWIB, and Adventures club.

A day in the life of an MBA student can vary depending on what time in the program you find them. In my last semester of school, I had most early mornings free, which allowed me to start my day with breakfast- typically granola, kiefer and berries. I would often go for a quick run along the East River before getting ready to head to school.

 At school, I would stop in to the cafe, Matto, to pick up my favorite chai latte and catch up with friends. Matto is amazing because every drink is under 3 dollars- an absolute deal in New York City! I would then head to the 4th floor reading room to do focused work for my classes.

Club meetings and events often happen during lunch time. Some days I may have a board meeting for AHBBS, or attend another club event. SWIB, for example, hosted a great Stern Speaks event where fellow Sternies volunteered to present personal stories with us over lunch.

After this, it is time to meet with one of my group project teams and attend my classes. A course I took this semester, Marketing Planning and Strategy, focused on group work with a final deliverable of a business strategy proposal. After meeting with my project team, I head to my weekly seminar class, Developing Managerial Skills with Professor Dolly Chugh. This was one of my favorite classes at Stern, and I highly recommend everyone taking the course!

After class, I meet up with a classmate for dinner at a nearby restaurant in the West Village before heading to our 6pm weekly seminar class, Digital Innovation and Crowdsourcing with Professor Natalia Levina. She always had the best Ukrainian snacks for us! After a full day at Stern, I jump on the subway and head home to Brooklyn. 

The days are long and busy in business school, but the years fly by quick! By being thoughtful and intentional about your time, you will be able to make the most of the academics, extracurriculars, social life, and the incredible opportunities in NYC!

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My Experience in the NYU Impact Investing Fund

Isabella Felipa Schumann is a recent graduate who specialized in Corporate Finance and Strategy. Prior to Stern, Isabella spent three years in development at The Metropolitan Museum of Art, followed by two years as an investigative consultant at K2 Integrity. During her time at Stern, Isabella was a summer associate at Partner’s Group, a private equity firm, and during the academic year, she served as an MBA associate at Connectivity Venture Funds, a venture capital firm based in New York. Additionally, Isabella participated in a variety of experiential opportunities offered at Stern, and was AVP of Sponsorship of Stern’s PEVC Club. Isabella now works at Global Atlantic Partners as VP of Strategy and Business Development in NYC.

When I started my MBA journey in 2021, I was interested in exploring opportunities in the investment space, but as someone with a non-traditional background, I was unsure where to start. I knew that NYU Stern would provide me with endless opportunities to explore investing, develop relevant skills to succeed in the space, and take career risks that I may not have taken otherwise. One of the defining experiences of my time at NYU Stern that allowed me to do all three things was the NYU Impact Investing Fund (“NIIF”). 

Why NIIF

I have always had a passion for social impact which has manifested itself through community service work, pro-bono consulting with a focus on social enterprises and female-founded startups, and working in nonprofit organizations earlier in my career. NIIF was the perfect way for me to explore the intersection of a personal passion of mine and my professional ambitions. Additionally, I had the incredible opportunity to work with peers from Stern, NYU Wagner Graduate School of Public Service, and NYU Law School. Being part of a group of dedicated and ambitious individuals from different backgrounds was a huge part of what made NIIF such a great experience. 

Getting Involved

NIIF is the only MBA student-run venture organization in the country, which means that NIIF invests real money into real startups that we as participating students are sourcing, completing investment diligence on, and pitching to the investment committee. The program is structured as a one-year course through Stern and participation starts with an application the Spring before the Fall semester start date. Once you begin with NIIF, you are split into teams representing six different verticals – financial inclusion, environment, healthcare, aging, education, and food systems. I was a member of the education deal team along with five other peers. 

Phase I: Investment Thesis

We began our semester by developing an investment thesis highlighting the areas of education that we would like to invest in and other non-negotiables for NIIF, including a founding team representative of the community the company serves, and demonstrated impact in lockstep with revenue. From here, our team tapped into our networks to identify impact-driven early-stage startups that were actively raising a new round of fundraising. Once potential targets were identified, the team interviewed the founders and identified the companies that were most aligned with the team’s understanding of impact and the expectations of NIIF’s investment committee. 

Phase II: Due Diligence

The second stage of the process is defined by a funneling process where each deal team presents their chosen company to the other teams and to the investment committee. From there, two deal teams are chosen to continue with the NIIF investment process while the other teams are split between competing in the MBA Impact Investing Network & Training (“MIINT”) and managing previous investments made by NIIF. As a member of a deal team chosen to move forward in the NIIF process, this third phase was followed by a longer due diligence process where my team and I spent the coming months working with the NYU Law School clinic and the founder of our target company on the complex due diligence process. This included legal, financial, impact, and competitor diligence and identifying relevant investment risks in each of these areas. This was where we were challenged the most as a team, and pushed outside of our comfort zones to understand and evaluate different areas of the business. 

Phase III: Presentations

Finally, our team was one of two that pitched a target company to the NIIF Investment Committee in an in-person meeting with the three committee members and the support of our peers. The presentation featured information on our company, deep dives into the diligence that we completed, an emphasis on the demonstrated impact of the company, and a complete risk analysis with insights on how to minimize risks. By the end of the week, we were notified of the investment committee’s decision on which of the two deal teams had received NIIF’s investment. 

The entire process closely resembled the various investment processes that I have seen in both the private equity and venture capital spaces. I was able to see many parallels between my work at NIIF and what I have seen in various internship opportunities across investment firms. I can confidently say that my NIIF experience will not only be a highlight of my time at Stern, but will also be instrumental in my career development. 

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Embracing a New Adventure: My Journey to Intern at Microsoft in Seattle

Daniela Rios is a current Full-time MBA student, specializing in Marketing, Tech Product Management, and Strategy. Prior to Stern, Daniela worked at an advertising agency in HR. Post-MBA, she plans to pivot into marketing at a Tech company. At Stern, she is involved in the Association of Hispanic and Black Business Students, Stern Technology Association, Student Government, and Stern Women in Business.

 As I sit here, packing my bags and preparing to embark on an exciting journey, I can hardly contain my excitement. In just a few short days, I’ll be heading to the vibrant city of Seattle, ready to dive into a thrilling three-month internship at Microsoft. Today, I want to take a moment to reflect on the incredible experiences and support I received at Stern that led me to this remarkable opportunity. Get ready to join me on an adventure filled with growth, perseverance, and the unwavering assistance that Stern provided along the way.

 From HR to Marketing: A Bold Transition

When I entered business school, I set out to make a daring shift from HR into the dynamic world of marketing. I’ll be honest, it felt like stepping into the unknown, and doubts crept in about the relevance of my HR skills. But Stern had a pleasant surprise in store for me. I soon realized that the insights gained from conducting exit interviews to enhance employee retention could seamlessly translate into understanding customers’ needs and preferences. Who knew my HR expertise had marketing potential?

The Consortium, Early Recruiting, and Microsoft

Stern’s affiliation with the Consortium for Graduate Study in Management proved to be a game-changer in my journey. Through this exclusive network, I had the privilege of participating in early recruiting opportunities and was able to attend the Consortium’s signature event: Orientation Program. This opportunity led me straight to Microsoft’s door where I was connected to a marketing hiring manager. The excitement that surged through me when I received the internship offer months later was indescribable. It was validation of the hard work, dedication, and passion I had poured into my studies and career.

 Navigating with the Careers Team

Now, let me share the secret ingredient that boosted my confidence and guided me throughout the internship pursuit: Stern’s Careers Team. This incredible team provided me with a treasure trove of resources, including interview workshops, resume feedback, and even mock interview sessions. With their support and guidance, I walked into each interview room prepared, polished, and ready to showcase my skills. It was like having a personal squad of career champions by my side, every step of the way. Shoutout to Genevieve and Fatim for being the best!

 Alumni Talks: A Game-Changing Experience

When it came time to choose between Microsoft and another company, I found myself at a crossroads. In those moments of uncertainty, Stern’s alumni network became my guiding light. I reached out to Stern alumni working at both organizations, seeking their invaluable insights. Their firsthand experiences, knowledge of the work culture, growth opportunities, and overall fit within the companies proved instrumental in making an informed decision.

 Ignite Program: Igniting the Flames of Success

Before embarking on my official journey at Stern, I was able to immerse myself in the Ignite Program. This pre-MBA summer initiative equipped me with a powerful arsenal of professional skills. Through engaging workshops and personalized guidance from incoming MBA 2s and career coaches, I honed my ability to craft compelling pitches and tackle behavioral interviews with ease. This transformative experience ignited a fire within me, fueling my confidence and positioning me for success in the early recruiting events that awaited me.

 The Stern Squad: Friends, Encouragement, and Camaraderie

Last but certainly not least, I can’t help but express my deep appreciation for the incredible friends and the tight-knit community I found at Stern. The unwavering support, encouragement, and camaraderie transformed my experience. Whether it was lending a listening ear during challenging moments or cheering for every milestone achieved, the Stern community became my pillar of strength. The collaborative nature of Stern fostered an environment where we could freely exchange ideas, seek advice, and grow together as a united front.

 Conclusion

As I prepare to embark on this exciting new adventure with Microsoft, I am filled with a sense of gratitude and excitement. Stern has played an integral role in shaping my path, providing me with resources, connections and the support I needed to reach this milestone. It is a testament to the transformative power of education and the incredible opportunities that await those who are willing to chase their dreams. I am ready to make the most of this internship opportunity and contribute to the innovative and dynamic world of marketing at Microsoft!

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Applying to Stern with a Nontraditional Background

Gisselle Lankenau is an Assistant Director on the MBA Admissions team at NYU Stern. She joined the team last March, previously working with NYU Stern’s Leadership Accelerator. Hailing originally from Miami, Gisselle enjoys museums, cooking, and coffee shops.

Prospective students typically pursue an MBA to advance within their current industry or to make a career change. Applicants looking to make a career pivot often ask about resources at Stern that facilitate this transition and how they can showcase their current experience, particularly if they are coming from a non-traditional background. 

What is a non-traditional background? Typically, a non-traditional MBA student is someone who has experience other than the standard business to MBA career route, although many of our students do not come from a ‘traditional’ business background. Our students come from a variety of backgrounds, from technology to education to military experience. We view the wide range of backgrounds of our students as an asset, with each individual bringing their own unique perspective to the classroom and enhancing the overall Stern community.

At Stern, there are a number of ways to get involved, contribute, and gain hands-on experience. For those coming from a non-business background, Stern offers several options for career support. 

  • Office of Career Development: One of the best resources for career support is the Office of Career Development. During the summer before the MBA program begins, our Careers team offers the IGNITE program, which consists of resume reviews, mock interviews, networking workshops and industry panels to put you in the best position to meet with recruiters from day one of the program. Career coaches will work with you to align career goals, set up a game plan to tackle the recruiting process, and they will continue to provide support throughout your time at Stern and when you are an alum. 
  • Lean on your peers: Your classmates will be joining the MBA program from a variety of industries. They will become your network and will support you during the recruiting process. Your peers might have worked at a company or industry that you are interested in, so you can lean on their expertise and connections. At Stern, your peers want to see you succeed.
  • Experiential learning: Through Stern Solutions courses, you will be able to learn about your industry of interest, immerse yourself in an environment where you can tackle a real business issue, and reflect on the experience. These experiential learning opportunities allow you to gain real world experience, build your skill set and more broadly provide the space to be curious. You will be able to test out different roles, leadership styles, and to feel free to fail and learn from your mistakes and triumphs through reflection. 
  • Student Clubs: Professional clubs play a vital role in preparing students for the recruiting process and their next career step. At Stern, collaboration is key with MBA 2 students mentoring MBA 1s and guiding them through the recruiting cycle, providing interview prep, working through skills together and organizing events on campus and off-site at companies. So whether you are interested in pivoting to consulting, marketing, finance or technology, our student clubs are ready to help guide you through the process and share their insights.

The Stern community is committed to supporting your future success with several options to build on your current experience, regardless of your professional background. Prospective students often ask us how they can speak to their unique experience in the application and highlight their experience through their resume.

When crafting your resume, put your best foot forward and lean into your experience. As you are looking to make a career change, it is important to take a step back and access your transferable skills while identifying any potential gaps you may need to fill. In your resume, highlight your strengths and quantify your impact in previous roles. If there are potential knowledge gaps, look into resources to leverage at Stern to fill those gaps and highlight these in your essays. The MBA is an opportunity to grow and develop your skill set regardless of previous experience; highlighting these interests in your application indicates you’ve gone the extra step to look into how Stern will help you achieve your future goals. 

Ultimately, the biggest piece of advice for candidates with a non-traditional background is to spend some time reflecting on your career so far. What energizes you at work, what strengths are you bringing to the table, what are areas for growth and what changes would you like to see moving forward? Answering these questions will not only help you craft your story during the application process, but will help guide your overall career transition and help to hold yourself accountable. At Stern there are numerous resources available to support your career change. Plan ahead, determine your strategy, and take advantage of every opportunity. 

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How Stern’s Community Embraces New Students

Gustavo Valverde Rezende is an MBA2, originally from Brazil. He has a Bachelor’s in business administration from Universidade Federal de Juiz de Fora and a Master’s in finance from IBMEC. Before joining Stern, Gustavo worked in management consulting, public management, and corporate finance before joining Eureca, a purpose-driven startup, as Chief Financial Officer.  His latest job was as Strategy & Finance Leader at Grupo Anga, Eureca’s parent company, overlooking a portfolio of six purpose-driven companies. This summer, Gustavo worked as an Investment Banking Summer Associate at Credit Suisse in New York.

Moving to NYC

Moving to NYC can be intimidating, especially if you are coming from a small town, like myself. Looking from my childhood home, the city looked chaotic and hostile. I heard about how hard it would be to make friends and was scared I would never feel at home there. 

Fast-forward two years, and I am in love with NYC. I have very good friends, call the city my home, and can’t think of living anywhere else. How did this happen?

The first challenge I overcame was moving to the city. Before setting foot in NYC, I made a few friends at Stern through admitted student events and reaching out to student clubs (like the Latin American Business Association). They have advised me on good neighborhoods to live, the timing and procedures for renting a place, where and how to furnish my house, and even on budgeting. Some of these friends are neighbors and make a great support network.

Making Connections & Friends

The second challenge was making the city my home. I needed basic stuff, like a bank account, and other not-so-trivial things, like a good group of friends. Here’s where Stern’s community was huge. Even before being in NYC, I had spoken to so many people in the program that I felt I didn’t start from zero. So many nice people had reached out to me, introduced me to their friends, and replied to my blind approaches that I felt welcome.

When I got to the city, my new friends were amazing at introducing me to new people and making sure I felt a part of their social circles. My classmates also put together a lot of social outings, which helped make very close friendships. Nowadays, I have a bunch of friends both in the program and in the city – a social life that is more intense than I had back home.

That is when I realized one of the main benefits of living in the most global city in the world: you find anything you may need or want. Do you want to play golf? Or cricket? Maybe soccer? The city’s got you. If you are not into sports, Stern student clubs will help you find wine lovers, culture buffs, or k-popers. Feeling home-sick? Enjoy regional clubs and benefit from the city’s many regional social networks. In my case, I eat feijoada, have açaí, catch every single Cruzeiro game, and speak as much Portuguese as I want with a ton of Brazilian friends I made in the city.

Preparing for Recruiting & Making a Career Change

Finally, to make New York really feel like home, I needed a job. That is one of the most stressful parts of the MBA, but Stern had  me covered. Professional and regional clubs will help you build a professional network, get the coffee chats and interviews you need, and find your internship. In my case, the friends I mentioned above mock-interviewed me and gave me candid feedback – even a few tough ones to hear – ultimately enabling me to get my dream job at Credit Suisse Investment Banking Division, in the M&A team. I can’t stress enough how important fellow Sternies were for my career transition. 

I know first hand it can be intimidating and tough to move to NYC. But with a little help from my friends, I built everything I needed to call NYC my home. It is still crazy to realize how much this place feels like home. And yet, here I am, sitting in my childhood town and feeling homesick. I can’t wait to be back in the city.

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Jumping into the Next Stage of Your Career at Stern

Catherine is a Senior Associate Director at NYU’s Stern School of Business, and has been with Stern since 2016. Outside of recruiting the next class of Sternies, she enjoys watching football (NY Giants & Boston College) as well as working her way through her extensive list of NYC restaurants to try.

What do you want to be when you graduate business school? No matter what you are interested in, Stern has the tools to help you succeed in your career.

Historically, Stern was known as the school to go to if you wanted to become an investment banker. Nowadays, you’ll find students interested in all sorts of industries – technology, healthcare, consulting, luxury and retail … the list goes on. To dive deeper, students are able to to specialize in specific subject areas. These specializations help students become experts in the business topics of their choice. 

Aside from offering a diverse and flexible curriculum, Stern has a top-notch Office of Career Development (OCD). OCD’s main focus is to prepare students for internship and full-time employment recruitment. It all starts with IGNITE, which is a job preparation program that all Full-time MBA students complete in their first semester. Students will revise their resumes, participate in interview prep, and attend workshops to identify which industries or career paths pique their interest. Stern’s professional clubs are also a great resource to help students prepare for recruitment. MBA2s act as mentors for the MBA1s, and impart their wisdom after having gone through the recruitment process just one year before.


OCD and the professional clubs are an especially great resource for students who are not coming from a “business” background. In fact, many students pursue an MBA to make a serious career pivot, so don’t fear – you’re not the only one! Our MBA program and its career-focused resources are designed to give you the skills you need to make that career pivot. 

Once students have completed the IGNITE program, they’re ready to recruit! Stern has many companies that participate in on-campus recruiting, meaning they come to Stern to recruit our students directly. Our location in the heart of NYC makes this process even easier since companies and students don’t have to travel far to meet each other. Students are able to recruit for a variety  of industries, given NYC’s status as a hub for global business. Students also find it easy to connect with Stern alumni at companies of interest by simply hopping on the subway to meet a former Sternie for a coffee chat in a matter of minutes. For students who are interested in pursuing roles at smaller companies, or in more niche industries, OCD will help you to make the connections, find applications, and land the perfect role.

We’ve talked about career support, but where do Sternies end up? Take a look at our employment report! Each year, OCD publishes a summary of where the graduating class has accepted jobs, broken down by industry and function. The report also includes information on compensation. For example, the median salary for the Class of 2022 was $170,000. This report is a helpful tool to demonstrate the ROI of Stern’s Full-time MBA program, and highlights career possibilities for Sternies. 

Career support doesn’t stop once a Sternie graduates! Alumni have lifelong access to the Career Center for Working Professionals (CCWP). CCWP provides professional development support and coaches to help you with any career changes. Graduates also join the Stern alumni network, which is 100,000+ alumni strong. 

I hope I’ve provided more insight on how Stern can help shape your future career. The impact of a Stern MBA is something you will feel long after you’ve graduated! 

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Reflections on My Recruiting Journey: How Stern Can Help You Land Your Dream Internship

Ria Jambusaria is an MBA2, specializing in finance and sustainable business and innovation. Prior to Stern, Ria worked at EY in their financial statement audit service line. This summer, Ria interned at Credit Suisse as an Investment Banking Summer Associate and will be continuing to work in investment banking post graduation. Additionally, Ria is a Managing Editor of the Stern Oppy and a Co-Portfolio Manager for the ESG Fund of the Michael Price Student Investment Fund.

 

Whenever I told someone I was planning on recruiting for investment banking, I would be greeted with a look that clearly said, well, you’re in for a roller coaster of a first semester!

And so it was! The recruiting process for banking is no easy task, but the Graduate Finance Association (GFA), the Office of Career Development (OCD) at Stern, and the great Stern alumni network certainly made it less intense and I could not be more grateful. Speaking with my friends who recruited in consulting, technology, or entertainment and media, I know they have also benefited from the professional clubs here at Stern as well as the expertise of OCD.

How it Works

For banking, the recruiting is quite structured – a result of Stern’s proximity to Wall Street and its great relationship with all the major bulge bracket and boutique banks. Even as an international student, I had the opportunity to recruit with a large number of banks. With Wall Street and Midtown, only a few subway stops away, I was able to visit their offices and meet the teams which allowed me to get an outsider’s view of their culture.

Recruiting involves A LOT of networking and this is made easier by Stern’s connection with the banks. Stern alumni from these banks come to campus for corporate presentations which allow students the opportunity to meet directly with senior bankers. If this sounds nerve-wracking, keep in mind that the GFA helps out first-year students with best practices so that we can be prepared when presenting ourselves to representatives from these banks. The GFA works tirelessly with these companies to bring them to Stern for corporate presentations and “Host a Deal” events where current employees talk about how some of their major deals came to be. 

OCD Resources

The OCD also has several resources that help with recruiting, and they hit the ground running before the first semester even starts. OCD begins with resume reviews and helps students figure out the best path for them. In the first semester, OCD has regularly scheduled programming aimed at helping students with their thirty and sixty-second pitches, networking, and interview skills. OCD also holds office hours regularly and students can set up appointments with its marvelous career coaches to discuss anything from resumes, interviews, offers, or even to have mock coffee chats and mock interviews. I found the appointments with career coaches to be especially helpful for practicing my coffee chat skills. As an introvert, I found the idea of networking quite daunting, so the opportunity to practice those skills in a low-stakes environment was great!

Coffee chats are the best way of getting to know the alumni and the senior bankers and I had somewhere between sixty and eighty coffee chats throughout the fall semester! It may seem like a lot, but I found the networking and the one-on-one chats were essential to help me understand how I would fit into a particular bank and whether they could offer me what I wanted. It also helped me build connections at banks and showcase myself as a candidate for them, which can be crucial when applying for internships.

Banks also have group networking events in the second half of the fall semester, which was another opportunity to meet senior bankers I had not spoken with before, and learn about their experiences in the industry, which were invaluable when I was deciding on where I should do my internship. I have found the Stern alumni to be open and communicative, always willing to share their stories.

Interview Prep

GFA and OCD are amazing with interview prep as well. It is a testament to the strength of the community here at Stern that several MBA2s take time out of their winter break to help us by doing endless prep, and sharing their experiences and resources to get us ready for both the behavioral and technical portions of the interview. I can safely say that without the help and encouragement of my seniors as well as the career coaches in the OCD, my interviews would not have gone half as well as they did!

Community Support

Apart from the internal resources that Stern offers as well as the massive help we get from MBA2s, something that was instrumental in my recruiting journey was the peer network at Stern. Just talking to people who are recruiting in the same industry or who have had experience working with companies you might want to work for can provide vital information you might need on your recruiting journey.

Overall, the Stern community made what could have been a daunting recruiting process into a memorable experience that was vital to my professional as well as personal growth.

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Reflections on My Summer Internship at McKinsey

Jane Kennedy is an MBA2, specializing in strategy, entrepreneurship, and data analytics. Prior to Stern, Jane worked at REFORM Alliance, a criminal justice reform non-profit. This summer, Jane interned at McKinsey in Washington, DC and will be returning there after graduation.  Additionally, Jane is involved in the Management Consulting Association, SGOV, and the NYU Catholic Graduate community.

The leaves are changing, the sun is shining, and I’m back at Stern to kick off my second year! It’s wild to think about how much has happened since last fall. I remember so vividly being on campus for LAUNCH Orientation, sitting nervously in the first Management Consulting Association (MCA) bootcamp session, and attending as many events as possible to meet new friends. Now, it’s the MBA1’s turn to experience the flurry of excitement, anxiety, and activity that is the first semester of business school – and I’m thrilled for them.

 It was in that first semester that so much of my internship process happened. Coming into Stern, I was set on pivoting into consulting after a couple of years in tech and a couple of years at a criminal justice reform nonprofit. I knew that the road ahead of me was going to be challenging – learning to case is not for the faint of heart! Still, I saw how dedicated the MBA2s were to our success, and their encouragement and coaching carried me through the fall and through recruiting season, all the way to receiving my dream internship offer: a summer at McKinsey’s DC office!

I had lived in DC before school, and so I knew what to expect when it came to living in the District. But a summer of consulting? I had no idea what it was all about.

During our first week, we traveled to a training where we got to meet other interns from a few offices. It was a crash course in all things McKinsey. I learned about their problem-solving method, worked with a small group to “crack” some fascinating cases, and spent time with managers at the firm, soaking up all their wisdom and advice. Then, it was back to DC where I would meet my team and get to work.

Consulting is a nebulous field, and no two days are the “same,” however, I saw that there was a pattern to the work we did. At the top of the week, we would jump into working on a specific question or area of the overall problem to solve. I would do research, conduct interviews, build analyses, and lay out the findings on pages (what McKinsey calls slides). We had frequent meetings with our clients, where we would share our progress and receive continued guidance as we worked towards our final deliverables. The work was fascinating and engaging. My brain was “on” all day, and there were many days that left me stunned by how much output we had created in just 8 hours.

 I loved my summer at McKinsey, and (because I’m a consultant now!) I’ll break it down into three reasons why. 

First, my team was deeply invested in my development. 

They spent copious amounts of time helping me figure out what I was doing, offering feedback and coaching on my work, and giving me opportunities to shine in front of partners and clients. My team was hands down the best part of the experience. 

Second, I was able to do “real work.” 

Many times, interns are relegated to the back row and given “play work,” but that was not the case for me this summer. I was able to lead my own workstream and offer solutions and suggestions that helped the team shape our approach.

Third, I had tons of exposure to experts and firm leaders. 

Not a week went by that I didn’t present some aspect of my work to a partner or senior partner. I was encouraged to build relationships with not only our project’s leadership, but with partners across the firm. This “flat structure” allowed me to see so much more of the firm and it helped me feel even more excited to accept McKinsey’s full time offer and return as an Associate after graduation!  

I’m so happy to be back on campus and in the classroom this year, and I’m especially excited to help the MBA1s as they embark on their own internship journeys. I hope that every Sternie can find a role this summer that challenges them to be their best and leaves them more confident and encouraged than when they started out. We’re all in it together!