The number of Notre Dame graduates working on Wall Street has taken off in recent years, thanks in large part to an alumni networking initiative.
The Wall Street Leadership Committee, consisting of about 40 Notre Dame alumni in senior positions at financial-services firms, helps Notre Dame students and graduates land internships and permanent jobs on Wall Street, among the committee’s other aims.
According to figures from the University’s Career Center, internships and externships with Wall Street investment banks, commercial banks and financial-services firms have risen from fewer than 10 per year in the 1980s to 44 in 2009 and 170 in 2011. In the last five years, full-time placements have nearly tripled, from 51 to 145.
The placements continue a trend of Domers assuming ever-more prominent places on Wall Street. Bloomberg Businessweek has reported that the University has more alumni serving as CEOs of the 100 largest U.S. financial firms than any other college or university. Harvard is second.