NYU Tandon Named Top Tech Feeder School for Financial Industry
BROOKLYN, New York – The New York University Tandon School of Engineering sends more graduates to become technology analysts at America’s financial institutions than any school in the world, according to a newly published study by eFinancialCareers. The online site reported earlier this year that NYU ranked fourth in front-office job recruitment for investment banking, as well.
eFinancialCareers looked at more than 35,000 resumes in its database of U.S.-based technologists in banks and buy-side firms for the latest analysis. NYU Tandon ranked as the top feeder school for technology at financial services firms in the United States. Princeton University, Rutgers, Columbia University, and the University of Illinois followed.
The Finance and Risk Engineering Department of NYU Tandon has a long history of training students to play a leading role in the use of technology on Wall Street.
— Peter Carr, Finance and Risk Engineering Department Chair
In March, the firm analyzed 63,000 resumes of employees in investment banking to find the top 50 feeder schools in mergers and acquisitions, capital markets, derivatives trading, equities, fixed income sales and trading, quantitative analytics, equity research and other high-paying, client-facing front-office jobs. The top-ranking schools in that study were the London School of Economics, Columbia, University of Pennsylvania, NYU, and University College London, in that order.
“This latest analysis by eFinancialCareers illustrates how important higher education is to the vitality of a city — and how much students benefit, in turn, by proximity to industry-experienced faculty and internships,” said NYU Tandon Dean Katepalli R. Sreenivasan. “For 160 years, our school has been solving the challenges posed by New York City. We were among the first to introduce financial engineering and cybersecurity master’s degree programs, and our computer science and engineering students are also heavily recruited by the financial industry. We are proud that our graduates are keeping our economy and financial institutions innovative and secure.”
“The Finance and Risk Engineering Department of NYU Tandon has a long history of training students to play a leading role in the use of technology on Wall Street,” said Professor Peter Carr, who chairs the department. “With new classes on machine learning, data science, GPU's and crypto-currencies, we provide students with a front-row seat into exciting new technologies.”
One of the largest grantors of engineering master’s degrees, NYU Tandon offers programs in cybersecurity, computer science, computer engineering, electrical engineering, and financial engineering; most of these are offered both on campus and online. NYU Tandon also offers bachelor’s degrees in computer science, computer engineering, and electrical and computer engineering, among others.
In addition to its online publication eFinancialCareers, parent company DHI specializes in financial services recruitment and placement information, operating in 19 markets across North America, Europe, the Middle East and Asia-Pacific. It hosts a job board and a CV database, where financial services and fintech candidates upload their resumes and create profiles. This database provided source material for the two analyses.
About the New York University Tandon School of Engineering
The NYU Tandon School of Engineering dates to 1854, the founding date for both the New York University School of Civil Engineering and Architecture and the Brooklyn Collegiate and Polytechnic Institute (widely known as Brooklyn Poly). A January 2014 merger created a comprehensive school of education and research in engineering and applied sciences, rooted in a tradition of invention and entrepreneurship and dedicated to furthering technology in service to society. In addition to its main location in Brooklyn, NYU Tandon collaborates with other schools within NYU, the country’s largest private research university, and is closely connected to engineering programs at NYU Abu Dhabi and NYU Shanghai. It operates Future Labs focused on start-up businesses in downtown Manhattan and Brooklyn and an award-winning online graduate program. For more information, visit engineering.nyu.edu.