(11-7-97) -- More than 300 students attended the inaugural Wall Street Day on campus Thursday for advice on landing jobs from leaders in the financial world.
Co-sponsored by the Wall Street Council and the Career Center, and organized by the Development Office, the afternoon-long event at the Heights Room featured eight hours' worth of presentations on job hunting and professional topics from Boston College alumni and parents employed at top Wall Street firms.
Organizers said they hope to groom BC students for success in the competitive Wall Street job market, while building on the growing interest that leading banks and investment houses have shown in recruiting at Boston College.
"We are going to try and increase the number of Wall Street companies that interview up here and we want to make sure BC students are properly prepared for the process," said CMJ Partners Managing Partner Jay Mahoney '69, who co-chairs the Wall Street Council Placement Committee with J.P. Morgan & Co. Vice President Michael Bell '80.
The caliber of Boston College students who have gone to Wall Street in recent years has been strong, Mahoney and Bell said.
"My experience is that Boston College students, as a group, are as good as any student body in the country," said Bell. "The students at Boston College have good academic records. They're well rounded. They do more than just go to class - they're active in clubs, in volunteer activities, in sports. And communications skills; BC students love to talk.
"There's something about a BC student. They come in with a personality," Mahoney added.
Landing that first job on Wall Street requires strong marketing, however, and alumni presenters at the BC event arrived ready to lend students the requisite polish.
"Students must work hard on making that presentation to the company," said Bell. "You've got to be ready. You've got to do the homework on the interview process."
Serious preparation for the career search should begin as early as a student's sophomore year, said Mahoney. "We want to encourage undergraduates to start the process sooner," he said. "You can't wait till senior year anymore."
In addition to Bell and Murphy, presenters at Wall Street Day included: Boston College parent Charles Murphy, managing director of the Sexton Group; Michele McCallion '86, a vice president at Goldman Sachs & Co.; J.P. Morgan & Co. vice president Nancy T. Johansen, and analysts David Welch, Karen Chen '97 and Jeffrey Yokuti; Boston College parent Robert O'Brien, chief executive officer of Credit Suisse; and Pat Bonan '79, managing director of Chase Securities Inc.
"Boston College supporters on Wall Street were very interested in helping out," said Career Center Director Frank Fessenden. "We're very excited about the level of interest on the part of students and hope this will be an annual event."
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