Job market for new gradutes, how is it?

Just interested in learning from new graduates how they perceive the current market to be.

How have people found positions in a down economy, what did they do which set them aprt from others and landed them the job.

I think all of our new and soon to be graduates can learn from others’ experiences and advise.

Well though i have yet to graduate but some of my friends who graduated in spring are finding it hard to get a job.

Some of them have had a chance to work with ibm and rockwell collins as a co-op for three terms on an average but still no luck.


***I dunno where I'm going. I dunno what for. But I'm making progress.


I have heard the same, the market is getting tough and to find a job right after finishing studies is getting harder and harder for graduates.

*
not to mention that being an international student and on top of that from pak can also reduce the chances of getting a job..but u can't do anything about that


***I dunno where I'm going. I dunno what for. But I'm making progress.


[quote]
Originally posted by SaadiaB:
*I have heard the same, the market is getting tough and to find a job right after finishing studies is getting harder and harder for graduates. *
[/quote]

i didn't know same was the situation in europe..i thought conditions were better over there


***I dunno where I'm going. I dunno what for. But I'm making progress.


[quote]
Originally posted by heart beat:
** i didn't know same was the situation in europe..i thought conditions were better over there

**
[/quote]

Oh they are better in some fields but others are not so good, I was thinking of IT field, the big boom is even over here in europe.

heartbeat

what is your major? and when are you graduating? have you looked into getting internships or pro bono work even. Maybe it would be a good idea to talk to your profs to see if they can use their contacts to land you some internships.

You may also want to talk to Gupsters here, there may be those who are in your field.

I know of a number of people who have had a hard time finding a job. One guy on an H1 had to go back to Pakistan, there are other fresh graduates who have lowered their expectations on compensation and type of company etc based on the job market.

[quote]
Originally posted by Fraudz:
**heartbeat

what is your major? and when are you graduating? have you looked into getting internships or pro bono work even. Maybe it would be a good idea to talk to your profs to see if they can use their contacts to land you some internships.

You may also want to talk to Gupsters here, there may be those who are in your field.

I know of a number of people who have had a hard time finding a job. One guy on an H1 had to go back to Pakistan, there are other fresh graduates who have lowered their expectations on compensation and type of company etc based on the job market.

**
[/quote]

electrical/computer engineering..i will be graduating soon..*
yup..i have had a couple of experiences..


***I dunno where I'm going. I dunno what for. But I'm making progress.


b/w those who are normally unable to get jobs after graduating, normally go ahead for the grad school..which should always be kept as a backup option

not to mention that not only international students are facing such problems but americans tooo[which i think is pretty obvious]

it becomes harder for international students cause' most of the companies have a problem in hiring intl students..


***I dunno where I'm going. I dunno what for. But I'm making progress.


yes the problem in general is, how can they satisfy the dept of labor that the talent that they are looking for is not available otherwise.

From what I hear, after the head cuts began at motorola last year. they were told by Dept of Labor that they really should not be sponsoring people, because if your basic premise is that we cant find good ppl thats why we have to sponsor, and then you are laying off tens of thousands of people, how does that play out.

the option for grad school should always be open in these cases, but make sure that the grad school is a good school, preferably has profs with good industry contacts and pref in an area where you can network in the industry while in school.

u are right about that..

besides i strongly think that in times like this; an enrolled student has more chances of getting an internship

i hope u get my point?


***I dunno where I'm going. I dunno what for. But I'm making progress.


what about u? i can figure that u are not a student. working?


***I dunno where I'm going. I dunno what for. But I'm making progress.


heartbeat I do understand your perspective.

I am one of the old ones here

http://www3.pak.org/gupshup/smilies/smile.gif

finished my MBA in 97 and have been working since then, actually worked during the MBA too.

[quote]
Originally posted by heart beat:
*b/w those who are normally unable to get jobs after graduating, normally go ahead for the grad school..which should always be kept as a backup option
*

[/quote]

But dont the good B-Schools require work experience of between 3-5 years?
One other way to give yourself more time to find a job could be to delay your graduation by doing some minor or taking some extra electives.

[quote]
Originally posted by seeker:
** But dont the good B-Schools require work experience of between 3-5 years?
**
[/quote]

i was mainly referring to the engineering colleges..but as far as the b-schools are concerned it depends on the uni u want to go in...

business schools in top 5/10 not only would ask for some experience but for a good score too in that hmm i think its GMAT(for business)

most b-schools might accept u depending on ur prev. academic record, research, references, gmat

[quote]
Originally posted by seeker:
One other way to give yourself more time to find a job could be to delay your graduation by doing some minor or taking some extra electives.
[/quote]

but for how long? which in turn might give a neg. impact on ur resume(if u know what i mean)

i have heard that hopefully the situation might get better in a yr or so..


***I dunno where I'm going. I dunno what for. But I'm making progress.


[quote]
Originally posted by SaadiaB:
**
Oh they are better in some fields but others are not so good, I was thinking of IT field, the big boom is even over here in europe. **
[/quote]

as far as i can remember u are in the business sector?


***I dunno where I'm going. I dunno what for. But I'm making progress.


since 97..

http://www3.pak.org/gupshup/smilies/smile.gif

soo u have been able to survive the us market for about 5 yrs

http://www3.pak.org/gupshup/smilies/ok.gif

http://www3.pak.org/gupshup/smilies/smile.gif

did u get ur bs in business too?

[This message has been edited by heart beat (edited July 09, 2002).]

seeker
Fraudz being in the business field himself might be able to give some additional pointers or correct me if was wrong for anything i mentioned..


***I dunno where I'm going. I dunno what for. But I'm making progress.


heartbeat I have been working off and on since i finished my undergrad in 93. I have survived 5 years after MBA in this economy, but you have to remember 98-2000 or so things were hunky dory. I used to get atleast one recruiter call a week, its gone to the dogs only recently.

You are correct. My undergrad was in Marketing, had minors in international relations and CIS (i too delayed my graduation due to the market at that time)

Mr. F, a quick question.

I understand that work experience is normally a requirement for most business schools. Does internship/co-op experience count towards that?