“The next phase of the women’s movement must be a men’s movement,” Anne-Marie Slaughter told a standing room only-audience at Olin’s Emerson Auditorium this morning. “We’re not going to move the needle at the top levels of leadership until we
CATEGORY: Career, News

Landing a job on Wall Street is the dream of all finance students. Actually walking down Wall Street and visiting firms is certainly the first step to doing it. The Master of Finance (MSF) Boston-New York Roadshow, Oct 30 – 31, served as an eye opener to financial careers in some top financial institutions in various domains like asset management, investment banking, financial software development and trading. Learning about the roles and responsibilities of different positions directly from industry specialists brought our perspectives about careers in finance into focus. And what’s more, going around Boston and New York with a group of like-minded finance enthusiasts and Greg Hutchings (Assistant Dean and Director of Specialized Masters Programs), was never short on fun nor memorable moments!

Guest blogger: Sneha Murali, MSF Quant 2015

Our roadshow started off with a visit to Fidelity Investments in Boston. We had an elaborate schedule at Fidelity comprised of talks by four speakers from the departments of financial solutions, macroeconomic research, portfolio management and quantitative analysis. What enthralled us most about Fidelity was the friendly and outgoing nature of all the speakers. One of the speakers even mentioned that friendliness is a characteristic that they look for in prospective employees!

The highlight of our visit to Fidelity, however, was definitely the tour of their Chart Room. The Chart Room is basically a room filled with price/volume charts stuck on walls all around. Isn’t a sight like that enough to get the adrenaline rushing for a finance aspirant?! All of us were mind-blown when we stepped into the room. A technical analyst from the company walked us through several important charts and explained to us their significance and relevance in today’s economy. On the whole, the four-hour visit to Fidelity reaffirmed our passion for finance and got us all impatient to experience the industry soon.

We traveled to New York by Amtrak the same night. After a long and tiring day, we got back to our rooms only to doze off like a log. A good sleep got us pumped up the next morning to visit some big names in finance in New York.

Our day started off with a visit to Goldman Sachs! We had senior executives from the Goldman Sachs Asset Management division addressed us. The professionalism and organized nature of the whole presentation spoke tons about the maturity of the company. We got detailed insight into financial careers such as strats, asset management, and high frequency trading in Goldman Sachs.

An interesting observation we made was the growing presence of professionals from the field of physics and mathematics in finance. The demand for quantitative skills in the financial industry is growing and this is opening up greater opportunities for students with strong quantitative backgrounds. We also noticed that the element that made them all successful was their passion for finance and continued interest in everyday market events. In fact, several of the speakers emphasized how important it is for us to stay up to date with the trends and happenings in the market.

We next moved on to Sagent Advisors, an investment banking firm where we met up with an alumni panel of masters in finance students over lunch. The alumni were gracious to take time off work to visit us and answer our queries about job search and financial careers. Our MSF alums hold positions with prestigious firms like Credit Suisse, Keefe Bruyette & Woods; Sentinel Capital Partners, and Andersen Tax, LLC.  It was great to hear how the Olin MSF helped them get to their current positions.

Next, we moved to Numerix, a financial software firm. During the one hour presentation, we learned about the Numerix platform, its applications and its use in academia and industry. We were also introduced to the role of a quantitative analyst at Numerix that requires an interesting mix of finance and programming knowledge.

Our last firm for the day was Citigroup. We were taken to the 30th floor where we had a stunning view of the New York skyline. We were welcomed by a senior HR executive and were introduced to a group of analysts who had recently begun their careers in Citigroup. We had an open networking session with all of them whereby we got an opportunity to clarify our individual questions about life in investment banking, life at Citigroup, transition from school to workplace etc.

At around 5pm, our roadshow came to an end. The experience was that of having been in a totally different world for two days. It was insightful, educational and motivational. We got a sense of our fit in the industry and realized how much more there is to learn in the vast world of finance. By connecting with industry professionals and networking with them, we also secured some valuable contacts that will be helpful as we learn more about companies later.

With mixed emotions, we parted from the venue only to enjoy New York in a different light for the rest of the evening. A very special thank you to Greg Hutchings, the Assistant Dean & Director of Graduate Programs in the Olin Business School, the Specialized Masters Programs office, Annetta Culver in the Weston Career Center and  Michelle Hoerber-MSF Quant student for making it an easy step for us.

A new course co-taught by Professor Michelle Duguid and Maxine Clark, founder of Build-A-Bear Workshop, is taking a multi- faceted approach to learning about women and leadership that includes a lineup of top executive guest speakers.

Slaughter Headshot copy

Anne-Marie Slaughter

Anne-Marie Slaughter, president and CEO of the New America Foundation, will tackle the issues surrounding work-life balance in her visit to the class, Oct. 27. On Oct. 28, Olin is co-sponsoring a lecture by Dr. Slaughter in conjunction with Prosper Women Entrepreneurs and the St. Louis Business Journal in Emerson Auditorium.

Dr. Slaughter is the Bert G. Kerstetter ’66 University Professor Emerita of Politics and International Affairs at Princeton University. From 2009–2011 she served as director of Policy Planning for the United States Department of State, the first woman to hold that position. Prior to her government service, Dr. Slaughter was the Dean of Princeton’s Woodrow Wilson School of Public and International Affairs from 2002–2009 and the J. Sinclair Armstrong Professor of International, Foreign, and Comparative Law at Harvard Law School from 1994-2002.

The guest speaker list for Women and Leadership, OB 500B:

David Farr, Chairman and CEO, Emerson
Kathy Button Bell, VP and CMO, Emerson

Work-Life Balance
Anne-Marie Slaughter, President and CEO, New America Foundation

Persuasion and Influence Strategies
Kathy Cramer, Founder and Managing Partner, The Cramer Institute

Mary Anne Sedey, Partner, Sedey Harper, P.C.
Francine Katz, Consultant and Former Chief Communications Officer Anheuser-Busch, Inc.

Building Alliances: Networking, Mentoring and Sponsorship
Jill Barad, Former Chairman and CEO, Mattel

Managing Your Personal Brand
Phebe Farrow Port, SVP, Global Management Strategies; SVP and Chief of Staff Executive Management Initiatives, Estee Lauder Companies


Image: painting from Olin Women in Business Painting Brunch

Forbes, “How Two Entrepreneurs Turned Their Passion into Profit with an Urban Winery” Brian Leventhal, BSBA ’05, co-founder of Brooklyn Winery, tells Forbes he was able to access quite a bit of capital from former Washington University classmates and their families when he started raising funds for his urban winery startup in 2010.

wine_bar_02_0Olin Business Magazine featured Brian and other alumni in the wine biz in 2011.

Images from Brooklyn Winery website.

CATEGORY: Career, News

More than 50 Wash U students converged on New York City October 15th and 16th to participate in the 2014 New York Career Treks (Finance and Marketing) hosted by the Weston Career Center. These treks provided students with the opportunity to hear from alumni and learn about the qualities needed to be a successful intern and/or full-time candidate.

At the conclusion of the two-day company visit schedule, the entire student group participated in the 2nd annual student-alumni Roundtable event, providing each student the opportunity to gain valuable career experience insights from alumni.  Students heard from alumni on how to navigate a career path and improve personal outreach and networking skills. The Roundtable event is a structured format to invite greater student-alumni connections. The event was held at the Harmonie Club, New York City.

The treks were escorted by Olin staff members, including Dorothy Kittner, assistant dean for corporate relations, Chris Presley, undergraduate academic advisor, and Mark Brostoff, associate dean and director, Weston Career Center.

CATEGORY: Career, News