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Current BW Magazine Table of Contents

September 18, 2006 BW Magazine Table of Contents

September 18, 2006 Careers -- Best Places Table of Contents



  BEST EMPLOYERS
1 Walt Disney
2 Lockheed Martin
3 Deloitte & Touche
4 Goldman, Sachs
5 Enterprise Rent-A-Car
6 U.S. Department of State
7 Raytheon
8 General Electric
9 JPMorgan Investment Bank
10 Abbott Laboratories
11 Verizon Communications
12 Ernst & Young
13 Google
14 National Instruments
15 KPMG LLP
16 L'Oreal
17 Bain & Co.
18 Merck & Co.
19 Ameriprise Financial
20 Accenture
21 Pepsi Bottling Group
22 Lehman Brothers
23 Wells Fargo & Co.
24 UPS
25 Vanguard
26 AT&T
27 Eli Lilly and Co.
28 MTV Networks
29 Philip Morris USA
30 Ferguson Enterprises
31 BP America
32 U.S. Central Intelligence Agency
33 Federated Department Stores
34 Grant Thornton
35 SunTrust Banks
36 Shell Oil
37 The Progressive Group of Insurance Companies
38 Peace Corps
39 U.S. Internal Revenue Service
40 Booz Allen Hamilton
41 U.S. National Aeronautics & Space Administration
42 CapGemini
43 Teach for America
44 Kraft Foods
45 Northwestern Mutual
46 Southwest Airlines
47 Kohl's Department Stores
48 Comptroller of the Currency
49 Exelon
50 Progress Energy
51 U.S. Patent & Trademark
52 Protiviti
53 Navigant Consulting
54 C.H. Robinson
55 BearingPoint



SEPTEMBER 18, 2006
BEST PLACES TO LAUNCH A CAREER

No. 9 JPMorgan: If You're A Jock, You Rock
"I love the work. I love the fast-paced atmosphere"

Five months ago, Gretchen Tonnesen was carrying the ball, analyzing defenses, and leading her teammates as a flying halfback and captain on Princeton University's women's rugby team. And she was doing it all on a wobbly knee, following six months of rehabilitation after a painful injury. Today, her team is JPMorgan Chase & Co., where she's equally busy scrutinizing technology, media, and telecommunications companies for the investment bank.


Tonnesen, who majored in religion, was chosen not so much for her academic interests as for her proven passion for rugby. Recruiters are noticing that college athletes have a slew of qualities that not only lead to business success but are also often lacking in new recruits: leadership, competitiveness, and an almost obsessive focus on goals. Such employees can have the drive and stamina that make them near-perfect matches for the 80-hour high-pressure workweeks of many Wall Street jobs. "I love the work," says Tonnesen. "I love the fast-paced atmosphere."

Tonnesen is one of many young professionals who have come to Wall Street by way of the Alumni Athlete Network, founded by former Harvard University basketball captain Ronald P. Mitchell. Each year the program whittles roughly 500 applications from college athletes down to 150 interview candidates, of which about 45 are placed in internships at banks such as Citigroup (C ), Goldman Sachs (GS ), and Merrill Lynch (MER ), among others. The best part: A remarkable 87% of the interns, like Tonnesen, go on to land full-time jobs on the Street.

Scott Harrington, managing director at JPMorgan and sponsor for the Alumni Athlete Network, believes the program is a great opportunity for the firm to hire talent that is both driven and diverse. Title IX, the 1972 law that prohibits educational discrimination based on gender, may be responsible for some of that mix. In fact, few talent pools are as diverse as those of student athletes. Says Harrington of the former jocks: "We have more breadth in recruiting than we ever had before."

When Mitchell created the network, he knew that student athletes like himself would make good matches for the intense environment. Team responsibility, time management, and dedication all go a long way in the industry, and student athletes have these virtues in spades. "There is a winner and a loser every day on the trading floor," he says. And the dumb-jock stereotype? Forget it. Students in the program have an average GPA of 3.6 and an average SAT score of 1320 -- that's 300 points higher than the national average.
 READER COMMENTS





By John DeBruicker

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