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How's recruiting at the M7s?

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How's recruiting at the M7s? [#permalink] New post 15 Jan 2009, 23:47
I've been looking into schools, but I'm terrified of the current landscape - are there any students out there that can comment on the current state of recruitment at the M7s for both internships and full time gigs? While the entering class (2011), will likely face a different landscape come graduation, the intership cycle will probably still be in shambles - any info would be great!
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 07:26
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It's terrible. However, don't expect any schools or students to speak up about it. They seem to be instructed not to mention anything too specific to save their school's name. Career Services will also just make general blanket statements like "Recruiting is down a little bit but our students are still getting competitive offers."

It is not in any schools best interests to actually tell you what is going on - therefore you won't hear about it until they release their shiny (and likely quite manipulative) "career report" for next year, which will be long after you have paid your deposit.

Just take a look at the current job environment outside of the MBA programs. It's miserable. MBAs aren't encapsulated in some bubble and immune from the overall hiring environment. If tech companies are not hiring engineers, good luck getting a job as an overpaid, superfluous MBA.
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 08:54
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agold wrote:
It's terrible. However, don't expect any schools or students to speak up about it. They seem to be instructed not to mention anything too specific to save their school's name. Career Services will also just make general blanket statements like "Recruiting is down a little bit but our students are still getting competitive offers."

It is not in any schools best interests to actually tell you what is going on - therefore you won't hear about it until they release their shiny (and likely quite manipulative) "career report" for next year, which will be long after you have paid your deposit.


agold. Why are you answering this question? You are not a student nor an admit of M7 school (or any bschool for that matter)

Everyone can guess that job market or even summer internship recruitment is bad right now. That's probably why fludian posted his question TO CURRENT M7 STUDENTS!

While it might be true that MBA recruitment is down this year compared to previous years, unless you have a specific proof for rest of us, save your opinions. Most of current bschool students that post here regularly indicated that they are still busy trying to score a job or internship. There might be more competition for fewer spots this year or people in general will have fewer offers to choose from. But why post a speculative opinion accusing every single school of instructing their students not to comment about how bad the recruiting is???

Not only that, you seem to give kudos to anyone who post positive news about IB/MC or other high profile industry recruitment news. You also post most opinionated, biased posts throughout this forum. I've seen recommendations that you give in peer profiles forum (i.e. - you recommend anyone with decent WE, GPA, and 700+ GMAT to apply to h/s/w....). You also post recommendations to current applicants while you have ZERO admits so far.

So why don't you save your opinions for this thread for current students ONLY? If I see a current student that agrees with your claim that their school specifically instructed each student not to say any negative things about current recruitment (also you are implying that all current students that post positive news here are pretty much lying), I will believe it.

Last edited by PleaseSleep on 16 Jan 2009, 09:16, edited 1 time in total.
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 09:10
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I just wanted to shed light on the fact that news coming from current students or admitted students regarding recruiting should be taken with a grain of salt. These people have significant amounts of money and time invested in their process -- they are not going to talk bad about it, they will just make the best of what they can. Everyone loves to talk about their success stories, noone likes to talk about their (or their schools) downsides or failures. You won't see anyone posting on here about certain companies/banks are barely recruiting, not giving out offers, etc. You'll only hear about the handful of offers that were given out.

Tell me -- when was the last time you heard ANY school or ANY current student tell a prospective "Maybe you shouldn't come here this year, things are not looking good for IB/MC recruitment and you probably won't get one of those jobs?" The answer: Pretty much never. Although this is a reality for many students, the schools and current students will never say anything like this. They want your money.

I liked this post from BW earlier and I heavily agree with it:

The fact of the matter is that people are scared of any information that tells them that they need to re-examine their reasons for an MBA. This is because people here have spent too much effort and time in applying through this lengthy process and now believe that MBA is their ticket to superstardom (or whatever it is they hope to get out of b-school). A lot of people have probably already made up their minds about leaving their jobs and now secretly give the bird to all the annoying coworkers. They dont want anyone pissing all over their dreams with some baloney about recruiting data!
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 10:12
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The point is that those who apply now will be recruiting in 2010/11 for full-time positions.

In a sense, the less people get hired today, the easier it will be for '11ers later on. While the psychological mechanism agold outlined is certainly true to some extent, I don't think an admitted student should be too worried right now (most current students neither).

Also: this is OT, but while I agree as to agold's initial remarks were a bit too assuming, PleaseSleep, your reply was certainly more of a personal attack and a most ungraceful one at that.
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 10:16
Paradosso wrote:
The point is that those who apply now will be recruiting in 2010/11 for full-time positions.

In a sense, the less people get hired today, the easier it will be for '11ers later on.


I like this positive viewpoint and it seems logicial too me. I'm going to choose to believe this. Done.
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 10:30
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Quote:
The point is that those who apply now will be recruiting in 2010/11 for full-time positions.

In a sense, the less people get hired today, the easier it will be for '11ers later on. While the psychological mechanism agold outlined is certainly true to some extent, I don't think an admitted student should be too worried right now (most current students neither).


Nicely put paradosso. I agree.
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 11:47
IHateTheGMAT wrote:
Paradosso wrote:
The point is that those who apply now will be recruiting in 2010/11 for full-time positions.

In a sense, the less people get hired today, the easier it will be for '11ers later on.


I like this positive viewpoint and it seems logicial too me. I'm going to choose to believe this. Done.


:lol:

Agold has nothing personal about his post, but is wanting to remind everyone to keep their eyes open, and saying not to eat up everything that the schools and current students feed you. Do your own research and confirm it with their numbers the best you can. (Confirming will be hard to do, because you will be trusting the schools data). +1 kudos :lol:

Last edited by 89nk on 16 Jan 2009, 11:59, edited 1 time in total.
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 11:53
AC wrote:
Quote:
The point is that those who apply now will be recruiting in 2010/11 for full-time positions.

In a sense, the less people get hired today, the easier it will be for '11ers later on. While the psychological mechanism agold outlined is certainly true to some extent, I don't think

Nicely put paradosso. I agree.


the psychological mechanism agold outlined is certainly true to some extent, I don't think an admitted student should be too worried right now (most current students neither).



It still is scary. We will be applying to internship positions in less than a years time. We are not immune and the BW comments are pretty valid and frankly scary. It is nice to say everything will work out, and honestly, that is what I say to. We all invested all this time into the process we kind of have to believe it. But coming from a current student actually experiencing it, you kind of wonder how bad the situation is and will get.
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 13:25
16 kudos to PleaseSleep's post! I love you guys, but even more I love the psychology and the madness of crowds (and MBAs in particular). Let's all selectively choose to ignore things we don't want to hear - worked out well for all the Wall Streeters who ignored Peter Schiff :)

http://www.youtube.com/watch?v=ZapLpNBEAoE

That crazy agold... He's just speaking nonsense again.
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 13:38
So all that speculation from us prospectives aside, current students: how are you faring? Is recruiting amazing? Terrible? So-so?

:)
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 14:05
Quote:
I just wanted to shed light on the fact that news coming from current students or admitted students regarding recruiting should be taken with a grain of salt. These people have significant amounts of money and time invested in their process -- they are not going to talk bad about it, they will just make the best of what they can. Everyone loves to talk about their success stories, noone likes to talk about their (or their schools) downsides or failures. You won't see anyone posting on here about certain companies/banks are barely recruiting, not giving out offers, etc. You'll only hear about the handful of offers that were given out.


I posted in the B School Life forum asking how the 09 class is doing (including me) and hardly anyone responded. I hope more will respond and share their stories in what is considered the most difficult job market in decades.
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 14:11
We just had to endure the most competitive application season in history. Hopefully our efforts are rewarded when our internship interviews get underway. :-D
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 15:02
I would have answered honestly but Agold made it clear I shouldn't...so I wont.

BTW I already have 1 offer before on-campus even started and I am 99.99% not taking it so I can continue to pursue things I am more passionate about. I am generally not a very risk seeking individual so I would not do this if I didnt feel I would be successful.

Oh, and despite the speculation I am not PleaseSleep, but I do agree with what he posted about and gave him a Kudo, if I still had the ability to give larger numbers he would get far more.
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 15:05
Oh man, I can do it still...

+10 PleaseSleep
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 15:12
From the London Business School blog:

http://mbablog.london.edu

"On the positive side, we have seen history in the making. On the negative side, the job markets are in turmoil. Many alumni have lost their jobs and those of us looking for jobs, either for an internship or for a full-time opportunity are having a very tough time. Anyone with a job offer should consider him-/herself very fortunate right now. An example can be the full-time recruiting event of BCG: a whopping 250 people attended (including finance interested MBAs and MIF students). In the end, no one got an offer from the London, Frankfurt or Zurich office."
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 15:21
Wow, intense thread. I would be interested to know how other current students are doing as well. The economy might not get much by the end of 2009, when internship hiring begins for the class of 2011 (I know, less than 11 months away).
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 17:27
Whats wrong with u guys? agold makes a mistake by painting all current students with the same brush and PleaseSleep responds with a highly offensive post. You guys reward him with 28 kudos. Its just pathetic. agold might have been opinionated, but his post wasnt targetted at anyone particular. If PleaseSleep had an issue with agold's post, he could have pm'ed him abt it. He dint have to embarrass agold on the forum. If agold's post dint answer the original question, neither did pleasesleep's, nor did mine!

Comeon guys, we r GC, we r better than this!
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 17:41
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I dont go to an M7, so my opinion may not count for much on this thread.

Recruiting is very tough for anyone who is even slightly unfocused in his/her efforts. This is true in any year, but this year the process is going to be brutal on anyone who has NOT done research/networking from day 1 of B-school. In other words, in previos years you could change your mind 3 times during the 1st year and still end up with an offer you want. Now, unless you were able to determine a career focus and do whats required for that career from almost day 1 of B-school, a tough time awaits you.

Consulting and IB has been hit badly, but that is hardly a secret and no school needs to cover this up by "instructing" its students. International students are affected mainly by the visa situation, but thats got nothing to do with the economy. Loans are a big problem, but that again has nothing to do with which company recruits on-campus. The situation is bad, but not insurmountable and people need to work harder this year than before. But, I dont subscribe to the conspiracy theory. We dont live in a bubble...Believe me, most people here at Ross dont have that attitude.

- From someone who just landed his 1st offer in the 1st week of school after the break.
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Re: How's recruiting at the M7s? [#permalink] New post 16 Jan 2009, 17:43
ncprasad wrote:
I dont go to an M7, so my opinion may not count for much on this thread.

Recruiting is very tough for anyone who is even slightly unfocused in his/her efforts. This is true in any year, but this year the process is going to be brutal on anyone who has NOT done research/networking from day 1 of B-school. In other words, in previos years you could change your mind 3 times during the 1st year and still end up with an offer you want. Now, unless you were able to determine a career focus and do whats required for that career from almost day 1 of B-school, a tough time awaits you.

Consulting and IB has been hit badly, but that is hardly a secret and no school needs to cover this up by "instructing" its students. International students are affected mainly by the visa situation, but thats got nothing to do with the economy. Loans are a big problem, but that again has nothing to do with which company recruits on-campus. The situation is bad, but not insurmountable and people need to work harder this year than before. But, I dont subscribe to the conspiracy theory. We dont live in a bubble...Believe me, most people here at Ross dont have that attitude.

- From someone who just landed his 1st offer in the 1st week of school after the break.


I appreciate your honesty and your insights. +1 ...and congrats on your offer!
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Re: How's recruiting at the M7s?   [#permalink] 16 Jan 2009, 17:43
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