MIAMI—A few months before Northeastern University student Amy Oh joined Goldman Sachs in Miami as a co-op student, the investment bank signed a lease that will double  its office space on South Biscayne Boulevard.

The new lease is a sign of the financial times in the Magic City, which some are now calling Wall Street South.

For Oh, a business and psychology major, the chance to work for five months at Goldman Sachs “was a really rare opportunity I couldn’t pass up.”

“The name and reputation (of Goldman Sachs) precedes itself,” Oh says.

In Miami, she works on a product management team dealing with private wealth, which media sources say is pouring into South Florida from Latin America and other U.S. states.

In addition to Goldman Sachs, which has had a presence in downtown Miami since 1988, Citadel, Virtu Financial and Microsoft are among the other financial and tech firms moving workers to South Florida.

Goldman Sachs also has an office in West Palm Beach.

Oh says she had heard the area was experiencing a financial boom, but until she moved to Miami, “I didn’t realize the extent to which it is up and coming.”

During her co-op, which started in January and ends in May, Oh says she works to make sure advisers have the online and digital tools they need to best serve clients.

“We help them do their jobs better,” Oh says about her team.

The third-year student, who is originally from the Chicago area, says she is enjoying the Florida climate and the city’s Latin culture.

“I think it’s really important that while I’m young I explore new cities and adapt to new cultures,” says Oh, who previously was a co-op student at Wellington Management Co.’s Boston office.

Also important is the opportunity to meet people in the finance and tech industries and make connections, she says, adding that Miami is attracting a lot of young people with big dreams.

“It’s a really good culture, a supportive culture,” Oh says.

Oh and other co-op students attended the launch of Northeastern’s Miami campus Feb. 21 in the Wynwood neighborhood to talk about their co-ops and answer questions.

The Miami site is Northeastern’s 14th campus and will offer graduate programs with a focus on tech, finance and health.

Oh, who has worked as an undergraduate research assistant for Northeastern professor Samina Karim at the D’Amore-McKim School of Business, says is scheduled to graduate in the spring of 2024 after spending the fall semester studying abroad in southern France.

“I know I’ll pursue a career in finance,” Oh says. “I like the fast pace and working with people.”

Cynthia McCormick Hibbert is a Northeastern Global News reporter. Email her at c.hibbert@northeastern.edu or contact her on Twitter @HibbertCynthia