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Job market better for seniors than last year
Published: Wednesday, October 7th, 2009
Job prospects for members of the Class of 2010 may be sunnier than those of members of the Class of 2009, as the economic climate begins to show some signs of stabilizing.
Though the only major investment bank to attend ...
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Obviously, the article was not written by a senior. Of the major banks, J.P. Morgan, UBS, and CS are NOT recruiting this year for full-time positions. While other firms are conducting interviews on campus, I feel that the number of opportunities available at each of the major firms is substantially smaller than in the year prior to the crisis.
To sum it up, the job market is still bad.
princeton students should use this void in the high paying job market to pursue other less lucrative job/volunteer opportunities, such as helping people around the world suffering from malnutrition and lack of access to basic necessities. the need for intelligent and motivated people to help resolve these issues is FAR greater than that for those who have profited off this financial meltdown (yes, that's you james)
Thanks for your input, Peter Singer.
This article is completely wrong. The conditions are still very shitty - ask me - I'm a senior going through this mess. No one is recruiting. Don't go by the firms that visited the fair in Dillon - those guys attended the fair doesn't mean that they're actually recruiting. Things are NO BETTER than they were last year. I just wish I was 3-4 years older and graduated in '06 or '07.
Overall - a very badly researched article that is just trying to falsely prop up seniors' hopes. We all will have to apply to P55s and PiAs.
Oh my god. Be a teacher. For all that is good in the world, be a teacher.
is "job market" synonymous with I-Banking?
I know I'm anal, but does the title of this article bother anyone else? How about:
Job market better for seniors than last year's
or
Job market better than last year's for seniors
it's the classic catch 22 they talk about on daytime TV, you need experience to get the job, and you need a job to get the experience.
there are so many people out of work in the financial sector who would take an entry level job and they have relevant experience, that there is no need to look at '08, '09, '10 grads. In legal circles, they call '08-'11 the "Lost Generation" because very few, even from T14 schools, will land corporate jobs. When the market recovers, firms will go back to campus for younger students, bypassing this cohort. Unfortunately, you can't get into banking, trading or consulting if you didn't get in from on-campus or an MBA program. Career trajectories are impacted for decades for people who graduate in a recession. Just ask the '02 and '03 classes.