The bearcat of Wall Street: Ivies shouldn't place above Baruch
With Baruch College earning honors and rankings each year, among them No. 1 in “Social Mobility” by CollegeNET, No. 3 in “Best Colleges for Business Majors” by Money magazine and being ranked among the “Best Value Colleges” by The Princeton Review, it is clear that Baruch can propel its students to go far in life. Numerous networking, career fair and alumni meetup opportunities provide as many resources as possible for students looking for a full-time job after graduation.
A large problem that many students are finding in their hunt for work, however, is that many employers do not just look at the qualifications of the student for the job. Race, gender, wealth and even the name of a student’s college can play a huge part in whether or not an applicant will be accepted for a job, or even just seen for an interview.
An example of this is when Baruch business students seek the coveted jobs on Wall Street after graduation. Besides potentially having a fruitful career that can lead to many other opportunities for the employee, students who are scholarship recipients, such as the Excelsior Scholarship, have to fulfill the scholarship’s requirement that states that they have to reside in New York for at least four to six years after they graduate, which may limit their choices of employers.
This is why companies on Wall Street seem so appealing, but the truth is it's much harder to land a job there if one is part of a minority group, a woman or does not have some of the connections that multimillion-dollar private colleges do. Banks on Wall Street are trying to improve their diversity by offering certain programs and bonuses to those who are eligible, as reported by CNBC, but they still have a long way to go before they drop their rich, white, male-worker stereotype.
Baruch is a place that offers amazing social and career opportunities to college students of all backgrounds for a very fair price. Many of the school’s professors have taught at Columbia University, Princeton University and New York University, among others. The students here have what it takes to succeed in any field they choose to pursue.
However, companies need to start being more open to students who did not receive an Ivy League education, or who have not lived in New York for five generations. Businesses, especially the large and successful ones, should do their best to review each candidate fairly and mainly consider what the candidate can bring to the company’s table, regardless of who the person is and where they came from.