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"Job prospects look bright for college seniors"

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Ripclawe

Banned
http://www.msnbc.msn.com/id/6495448/

Accounting remains one of the best backgrounds to have for a job-hunting senior. PriceWaterhouseCoopers plans to hire about 3,100 people off U.S. college campuses this year, up almost 19 percent from last year. Ernst & Young, another big accounting firm, plans to increase hiring about 30 percent this year and bring on 4,000 new college grads. Jim Case, director of the career center at Cal State-Fullerton, says regional and local accounting firms are hiring, too.

Finance and — yet again — nursing skills are also in demand, and job hunters willing to move have a big advantage. Computer science jobs are also returning after the tech slump, said Carol Lyons, dean of the career services department at Boston's Northeastern University, though other fields, like journalism, are still tough.
 

Phoenix

Member
sefskillz said:
graduating computer science in december, so this is good news for me.

Be sure you have had an internship / co-op or similar and you'll be fine. That was even true during the slump.
 

sefskillz

shitting in the alley outside your window
Phoenix said:
Be sure you have had an internship / co-op or similar and you'll be fine. That was even true during the slump.

my experience here is a bit of a double edged blade. i worked for a web design/custom software company for almost a year while i was a junior/senior. they recently went out of business and i've been getting by doing freelance stuff for the customers i met through my time there. i'm kind of worried about having the coop experience but not being able to use my boss as a reference (unless i could talk him into it, i guess). hopefully it will all work out.
 
Graduates in those fields will always be wanted. If there's high demand for their markets, they'll be needed to increase revenue capacity, if there is low demand, they'll be needed to displace older, higher-paid workers to increase profitabilty of existing operations.

I'm more worried about people in their mid 40s and 50s with college educations and a wide field of experience, complete with current skillsets, not getting jobs compared to younger workers because they cost more to insure, can't be worked to death like a kid out of college, and are more inclined to need time off due to familial affiars.
 

Phoenix

Member
sefskillz said:
my experience here is a bit of a double edged blade. i worked for a web design/custom software company for almost a year while i was a junior/senior. they recently went out of business and i've been getting by doing freelance stuff for the customers i met through my time there. i'm kind of worried about having the coop experience but not being able to use my boss as a reference (unless i could talk him into it, i guess). hopefully it will all work out.


Just keep some contact information for that person so that it can be verified. Its more important that you have done REAL work with someone and you can talk about that experience in your interviews moreso than you talking about how you did Hello World and did some logo program with a turtle to draw a star for computer graphics class.
 
nursing jobs have been in demand for a while...

Anyway the article seems to say jobs are up mainly because of retiring baby boomers and companies making up for "conservativism". However, jobs are jobs, so that's good... if you're an accounting or cs major!

Though... not good news for me - still sucks to be a journalism major.
 

Boogie

Member
resizedsign.jpg
 
Does anyone know whether holding a job as an official "coop" position grants you any priority over holding the same job, without it being attatched to your degree? I ask because I've got a job lined up at a bank, which is in my field (econ), but I'm not officially in the coop program (though i could transfer, it would be a hassle).
 

belgurdo

Banned
Boogie said:
In other news, it still sucks to be a history major.

You can work for a Japanese game developer that so they can ignore everything you say and then make an "extreme historical simulation" action game or an RPG with cool looking Turkish buildings
 

cubanb

Banned
accounting is pretty hot right now. I had a big 4 firm offer me a job LAST SUMMER for after this school year. all these new regulations thanks to arthur anderson are forcing them to hire a lot more
 
It's true... all the big firms (from i-banking, to consulting, to accounting, to equities) are hiring a lot after a dearth of hires for the past 2 years.

Now is the best time to be graduating imho. Some of my friends who graduated this past May (from b-school) and did not get great jobs have been hitting up the interview circuit the past couple of months and have accumulated 3-4 offers - with one of those often being from their top choice. This is a stark contrast from the horror stories I heard about people who graduated a year or two ago.

That said I still agree with Frag - the big issue here is when the 30-40 year old college graduates with families will start to get hired more often. My guess is that it shouldn't be too much longer, given that many older people in the next 2-4 years will take early retirement as companies seek to minimize their pension liabilities (to cut costs) and these people will be ideal replacements given their experience and exposure to various industries.

However, it is a fact that their compensation will not stack up to the hey-day of mid-level managerial compensation. This doesn't even get into the thousands and thousands of people who have been laid off from very unskilled and labor-intensive industries relocating abroad. Not everyone can go back to school, and even if they do, there is no guarantee they will be competitive with the young 20-somethings that are more competitive than ever.
 
Wario, you are from Canada right? I'm not sure how the internship system works there - but I would venture out to say that if you are employed but not part of the official internship program at the company - you aren't guaranteed a review period where they may make you a post-graduation offer. You should confirm this to be sure though. It all just depends on the structure of the bank.
 

Boogie

Member
tehrik-e-insaaf said:
Wario, you are from Canada right? I'm not sure how the internship system works there - but I would venture out to say that if you are employed but not part of the official internship program at the company - you aren't guaranteed a review period where they may make you a post-graduation offer. You should confirm this to be sure though. It all just depends on the structure of the bank.

WTF? Wario hasn't posted in this thread, dude :p
 

Celicar

Banned
I can attest to the fact that job prospects are looking pretty good, for me at least. I'll be graduating in December with a bachelor degree in finance, and I've done probably 15 interviews over the last two months. I've gotten 3 job offers and I'm still waiting to hear back from a few more companies.

I've been offered a credit analyst position with a bank, a financial analyst position with a communications equipment company, and a store management position with an electronics store. It's been a lot of fun interviewing, being flown to Chicago, Atlanta, and Miami all on the company's buck.

And now I'm sitting here at 1:00 in the morning working on a complicated financial model that's due in class tomorrow. I don't even know why I bother. All this homework and the tests are moot now.
 
Well, finance majors should have a lot of options because investor firms are always looking for financial planners because it's a hire-to-fire position. I've been contacted by many the last month, but if you don't hit goal or lose customers, off to the chopping block. Good thing is that they get you the certification, bad thing is that you have to sign an agreement stating that you can't poach customers for some firms once you leave...

For those of you who are fortunate to get a marketing job within the next two years, do whatever it takes to learn how to calculate return on investment for your company. this is the only way to stay around, and justify your actions and tactics when you're asking for more marketing budget, or, to save your job.
 

Celicar

Banned
I actually haven't looked at any financial planning positions. The whole selling thing puts me off. I did not go to college to sell shit. Any high school dropout can sell. I am better than that.
 
Celicar said:
I actually haven't looked at any financial planning positions. The whole selling thing puts me off. I did not go to college to sell shit. Any high school dropout can sell. I am better than that.

Not really, selling is a skill that not everyone can learn. If you're good at it, you can make more than any fund manager. But a lot of people aren't, it's really people who assume that they're bigger than it. For most financial types, you're pretty straight edge, go by the book, and don't have to be creative. Ethical sales people have to be that way and present something to the client that they can understand.

If this was the case, you'd see more homeless people selling insurance instead of walking around with their pet rat on their shoulder.
 
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