Wall Street Oasis: Online Platform Paving the Way for Non-Target School Students
How to Get Hired on Wall Street: The Importance of Target Schools
Getting a job on Wall Street has been a dream for many young graduates. One of the significant factors determining their success is the concept of the target school. These prestigious educational institutions – like Harvard, Princeton, Yale, and MIT – are known as “target schools” for Wall Street recruiters who are confident in finding promising candidates there.
The Challenge for Non-Target School Students
Unfortunately, students from less prestigious schools may have a harder time stepping into the world of high finance due to several reasons. Their resume might not stand out, campus recruiters might be few, faculty members might not have a strong network, or essential finance and accounting classes might not be part of the curriculum. But hope is not lost for these non-target students. Wall Street Oasis, an online platform, has provided an alternate route for them to enter the big leagues.
The Wall Street Oasis: A Platform for Non-Target School Students
Wall Street Oasis has designed a paid program, the “Academy,” which teaches students to build various financial models. Besides gaining knowledge, students can also set up mock interviews with Wall Street professionals who provide valuable feedback. Most importantly, it offers access to a vast network of over 3,000 mentors.
Patrick Curtis, a former banker and the founder of Wall Street Oasis, established this platform in 2006. Known for its discussion forums, Wall Street Oasis has become a place for both established and aspiring bankers to discuss various topics. However, the Academy has been their most successful and profitable venture, with 88% of their students landing a job within 12 months of program initiation.
Networking Through Wall Street Oasis
Wall Street Oasis has become more than just an academy; it’s a networking platform. Lucius Nguyen, a student at Georgia State University, credited WSO for his investment banking internship at Wells Fargo. He had the opportunity to connect with a former Wells Fargo managing director through WSO, who provided him with insights about the job and hiring criteria.
Another success story from WSO is that of a student who secured a full-time investment banking job at Bank of America. The platform allowed him to set up discussions with people at the bank, assisting him in his job search.
Academic and Career Guidance at Wall Street Oasis
Aside from networking, Wall Street Oasis also provides academic help. Dylan West, now an investment banker, found the academic portion particularly helpful. He said, “I did not take a single finance class,” implying how WSO helped him gain financial knowledge and land his first job at an M&A valuation firm.
Wall Street Oasis continues to help many students from non-target schools realize their dreams of landing a job on Wall Street by providing them with the necessary knowledge, resources, and networking opportunities.
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