{"id":278,"date":"2009-02-09T09:17:16","date_gmt":"2009-02-09T17:17:16","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=278"},"modified":"2009-02-10T09:34:01","modified_gmt":"2009-02-10T17:34:01","slug":"recruiting-drops-at-business-schools","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/recruiting-drops-at-business-schools\/","title":{"rendered":"Recruiting Drops at Business Schools"},"content":{"rendered":"<p><em>The Wall St. Journal<\/em> continues the drum beat of bad news. <a href=\"https:\/\/online.wsj.com\/article\/SB123414304204261913.html\">Recruiting is down at business schools<\/a>.<\/p>\n<p>A survey by the MBA Career Services Council, an association of business school career offices, reveals:<\/p>\n<ul>\n<li>56% of surveyed career office representatives --\u00a0a significant jump over the fall figure of 12% -- say on-campus recruiting has declined by more than 10% this winter.<\/li>\n<li>About 50% of career service offices report a 10% or more drop in full-time postings, up from 19% in the fall.<\/li>\n<li>62% foresee at least a slight decline in internships this summer.<\/li>\n<\/ul>\n<p>The bright spots: health care, alternative energy, nonprofits, and government. Unfortunately, these industries tend to be less lucrative than the traditional MBA employers like financial services and consulting.<\/p>\n<p>At the risk of being Pollyannaish, I find the hysterical tone of this article more depressing than the actual data. I am somewhat surprised that the threshold of decline is only 10%. I would expect bigger declines considering the recession and general economic carnage. I also find it interesting that Carnegie Mellon reports that 61% of its graduating class has lined up full-time jobs as of January, as opposed to 81% last January. That figure certainly represents a decline, but it still means that 61% have lined up jobs months before graduation.<\/p>\n<p>Let's hope the data doesn't get worse and evaluate it as you make your MBA plans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Wall St. Journal continues the drum beat of bad news. Recruiting is down at business schools. A survey by the MBA Career Services Council, an association of business school&#8230;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3,4,6,10],"tags":[42,39,135],"class_list":["post-278","post","type-post","status-publish","format-standard","hentry","category-mba","category-b-school-life","category-career-reviews","category-current-events","category-interviews","tag-cmu-tepper","tag-mba-admissions","tag-wall-street-journal","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/278","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=278"}],"version-history":[{"count":1,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/278\/revisions"}],"predecessor-version":[{"id":279,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/278\/revisions\/279"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=278"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=278"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=278"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}