Overall on campus fulltime was better than internship on campus stuff. However, it really slowed down once the economy went completely south. I think numbers trail a normal year at all schools but by how much varies a lot. How bad it sounds really depends on who you talk to...if you talk to a wannabe banker who didnt get or accept an offer from their internship then it probably sucked. People who wanted to switch careers and didnt do internships in exactly the industry/function they wanted probably think it was terrible. I know 2nd years who got plenty of offers, and I know some who still haven't gotten their first. There are 2nd years I know who turned down offers but because it wasn't what they really wanted they are still looking. I would say most schools will have 10-20% fewer people employed at graduation than during a good year and then probably in the 5-15% fewer 3 months after graduation. Talking with most 2nd years, companies didn't improve their offer packages this year like during normal years. No 5% rise in salaries or anything like that...so salaries will look very much like last year.
Kellogg Class of 2010...still active and willing to help. However, I do not do profile reviews, don't offer predictions on chances and am far to busy to review essays, so save the energy of writing me a PM seeking help for these. If I don't respond to a PM that is not one of the previously mentioned trash can destined messages, please don't take it personally I get so many messages I have a hard to responding to most. The more interesting, compelling, or humorous you message the more likely I am to respond.