There has been a lot of discussion of how recruiting was this year and thanks to Duke we have the first official numbers that we can compare with the same information/timeframe. A quick comparison of this years and last years numbers for the same report supports a lot of what people have heard. Students also seemed much more likely to accept an offer quickly than before, a much lower percentage of students who had offers by May 10th this year had not accepted them.
Other interesting things to notice; internships were hit much harder than fulltime offers...especially the people without permanent work authorization. Far more fulltime people accepted offers from internship employeers and a large increase in the number of people returning to former employers than the prior year. There was a 13% drop in people going into finance fulltime. However, a quick look shows salaries went up 4-5%
2009 Preliminary report
https://www.fuquaworld.duke.edu/cmcfiles/DukeMBAFinalEmploymentStats08-09_06-03-09.pdf2008 version of the same report:
https://www.fuqua.duke.edu/documents/mba_recruiting/Duke_MBA_preliminary_employ1.pdfINTERNSHIPSOFFERS:With permanent U.S. work authorization: 2008 = 93% / 2009 = 77%
Without permanent U.S. work authorization: 2008 = 87% / 2009 = 54%
All students seeking employment: 2008 = 91% / 2009 = 69%
ACCEPTED OFFERS:With permanent U.S. work authorization: 2008 = 88% / 2009 = 75%
Without permanent U.S. work authorization: 2008 = 80% / 2009 = 49%
All students seeking employment: 2008 = 85% / 2009 = 66%
FULL TIMEOFFERS:With permanent U.S. work authorization: 2008 = 89% / 2009 = 72%
Without permanent U.S. work authorization: 2008 = 79% / 2009 = 66%
All students seeking employment: 2008 = 85% / 2009 = 70%
ACCEPTED OFFERS:With permanent U.S. work authorization: 2008 = 79% / 2009 = 69%
Without permanent U.S. work authorization: 2008 = 72% / 2009 = 62%
All students seeking employment: 2008 = 76% / 2009 = 67%
* Note this is only for one school and I am sure there is great variation between the different schools and how hard they were hit. Another thing to remember is that there is the job market will most likely be very different come winter time...and FAR different come winter of 2011.