Hey, there is always the military, kid.
"With financial services jobs in short supply, newly minted MBAs are exploring other options" by Dave Copeland, Globe Correspondent | September 13, 2009
As his graduation from Babson College’s MBA program drew near last year, Josh Bob began interviewing for a handful of jobs on Wall Street. But because those positions have dried up in the tough economy, he changed courses.
Bob wound up keeping his job as the northeast regional manager for the World Adult Kickball Association, but is using his new MBA to start a business, Textaurant Corp., which aims to help restaurants manage waiting lists and notify customers when tables are ready by sending text messages to their cellphones.
“I was seeing 40 candidates lined up for every opening,’’ said Bob, 30, of Waltham, who had long wanted to be an entrepreneur. “I made a conscious decision that I did not want to be a part of that backup.’’
And here the MSM pukes told us it was six to one.
Related: AmeriKa Analyzing Its Way to Fascism
The Last Job You Will Ever Have
It used to be that a master of business administration could almost guarantee a gig on Wall Street, but not anymore. A national unemployment rate that hit 9.7 percent last month has left six job seekers for every one job.
That can't be right.
"For each opening, dozens of other people seemed willing to work for less money"
Please click on and follow my links, readers. I'm sick of the lying.
Adding to that, the financial services sector, a mainstay for MBA grads, cut tens of thousands of jobs following the financial crisis and continues to shed hundreds of jobs each month.
Meanwhile, the Glob CROWS about a HANDFUL HUNDRED of their agenda-pushing s*** jobs that actually costs taxpayer dough!
Related: Where Hollywood Stays When in Massachusetts
Biotech Giveaway Was Borrowed Money
Is it worth it?
That has left some MBA graduates wondering how to adapt their career plans to the new market realities so they can use their coveted degrees.
Related: The Boston Globe's Unemployable Insults
The Boston Globe's Path to Prosperity
That give you some ideas?
Some may consider corporate jobs in industries that are more stable, such as health care or consulting. Others may take a chance on emerging fields such as clean energy. And some, like Bob, will decide to start a business.
It'll take seven years and 7 out of 10 fail.
Can you do it?
Whatever they decide, Karen McRoberts, the senior corporate recruiter at Boston University’s School of Management, said students who are persistent and can reconfigure their job hunt are reporting success. She said the students who have been most successful in finding jobs are the ones who tap into what she calls “the hidden job market,’’ or who apply for jobs at companies that “may have two or three opportunities, or even just one opportunity, as opposed to 100 opportunities.’’
Yup, and IT'S WHO YOU KNOW and WHO YOU BLOW!!!
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To be sure, MBA degrees do give people an edge in job hunting. As the recession has forced firms to slow hiring, people with MBAs have increasingly found themselves fielding a higher percentage of job offers....
OOOOPS! What a WASTE of TIME and MONEY that WORTHLESS HISTORY DIPLOMA is hanging on the wall!
Still, Janette Marx, senior vice president of Ajilon Finance, a staffing firm based in Melville, N.Y., said that securing employment is tough and that recent, out-of-work MBA graduates should consider high-level contract work to get a feel for different industries until they secure a full-time offer. She also noted that people with the degrees who switch industries may have to accept a pay cut. “Sometimes you have to take a step backwards to take those two steps forward,’’ she said.
Unless you are a bank, war-looter, or pilfering politician.
Potential enrollees in MBA programs now are spending more time considering the return on investment for the degree, said Andrew Mitchell, director of graduate programs at Kaplan Test Prep and Admissions. And the recession has only increased that scrutiny....
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