When you take a group of Butler business students to New York to visit and learn more about the financial industry and potential careers, good things are bound to happen.
“The ‘Wall Street Trek’ was by far one of the most beneficial experiences I have had in college,” said Jonathan Frankovich ’17, an economics/finance major, one of eight students who took the October 15-16 trip. “I learned that the intangibles, like communication skills and networking abilities, are some of the most essential traits for a successful career on Wall Street. I was able to see that Butler students have the unique advantage to develop these intangibles in our College of Business activities, and that we can successfully compete with students from the Ivy League target schools.”
The trip was made possible by funding from several donors and logistical support from Finance Professor Steve Dolvin. Over two days, Finance Professor Ryan Fuhrmann and COB Director of Career Development Kim Goad gave Frankovich and the other students a whirlwind look at some of the opportunities available to them as interns and after graduation.
A diary of their trip looks like this:
- 6:45 AM start to arrive at J.P. Morgan by 7:15. Sat in on J.P. Morgan’s Private Bank Strategy Meeting. About 50 people were present, with Butler’s group and Investment Specialist Mike Bennett ’09 sitting along the back row. John Christmas, U.S. Head of Alternative Product Specialists, kicked off the meeting by giving a shout out to the Butler students and quizzing his team on which big pharma company is headquartered in Indianapolis.
- Morning presentations and Q&A sessions by various J.P. Morgan representatives from Investment Management, Private Banking, and Consumer/Community Banking.
- Lunch on Wall Street and toured the NYSE floor.
- Met with the head of J.P. Morgan university recruiting and representatives from leveraged finance, equity research, and sales and trading.
- Dinner hosted at JP Morgan with Managing Director Eric Wiedelman ’96 and Bennett.
- Met with Butler alumna Amy Wierenga ’01, Head of Risk for Blue Mountain Capital, and other members of their team—risk analysts, valuation analysts, a client advisor, and an investment team business manager. The team presented background on Blue Mountain, its organization, and investment strategies.
- Afternoon: Met with Steve Satenstein of Lighthouse Partners, who presented an overview of the hedge fund industry and Lighthouse. CEO Sean McGould ’89 provided the students with copies of the bestselling book on the hedge fund industry, More Money Than God.
- Friday evening, dinner with Alex Walker ’12, Investment Banking Analyst at CS Capital Advisors, LLC.
“The students were engaged and asked great questions,” said Kim Goad. “The trip highlighted more career options than they knew existed in finance, helped them understand what they would need to hone to get from here to there, and opened networking doors. One student had an interview with another company in New York that Friday afternoon.”
Steve Standifird, Dean of the College of Business, thanked the donors—who included Bennett, Deane and Garnet Orris, Wiedelman, Sherry ’74 and Dale Myer ’77, and Tiffany Wooley ’96—for making the trip possible.
“I am thrilled we were able to provide this opportunity for some very talented students,” he said. “We are incredibly thankful to have friends and partners who are so invested in helping our students succeed. From the East Coast to the West Coast, we know Butler students make a big impact wherever they decide to go with their career.”