No Ivy League degree? No problem: This Wall Street vet climbed his way up the ranks of Goldman Sachs after graduating from SUNY Albany
To be sure, it's easier for non-Ivy Leaguers today than in 2007 when Alfieri was coming up. In an effort to diversify recruiting sources and its workforce, Wall Street generally has been expanding the schools from which it recruits. Goldman said that in 2022, it hired interns across the firm from over 600 different universities globally.
"I'd say the most important thing that came from that is really surrounding myself with like-minded individuals who were ambitious," Alfieri said. They started researching top universities with strong business programs and noticed many had student managed funds, Alfieri said. So they spent the end of the summer drafting a pitch deck to start one at UAlbany together with a third Wall Street hopeful and UAlbany classmate, Mike Reynolds.
They recruited more students to take part in it, Alfieri said, and treated the recruitment process like an investment banking interview to get other highly motivated, hardworking students to be a part of it. Soon, they were investing the money in public stocks and getting college credit for doing it. "Find a way to differentiate yourself from the pack," Alfieri advised.
"I'd say almost always, every time I asked that question, I was given two more warm leads and warm introductions, which goes a long way in terms of even extending your network."Having a positive attitude and being a team player will always be to your advantage, said Alfieri.
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