Employers Woo Top College Grads
2006 college graduates are headed for the best job market that newly-minted degree holders have seen in years.
The current issue of Forbes reports on the array of tempting first job choices being offered to this year's graduates -- and on what options are proving popular.
Wall Street firms like JPMorgan Chase, Golman Sachs, Lehman Brothers, and Morgan Stanley are offering as much as $60,000 in salary plus bonuses to secure the services of elite college graduates as analysts and traders. A career services officer at Duke said that hedge funds were also hiring grads and interns to fill their ranks.
Google and Microsoft are actively recruiting college graduates to work on software development and product management. Google has been the top employer of Stanford grads for the past few years. Microsoft, according to one of its recruiters, targets top schools when looking for talent -- which is definitely the case now: the company is looking to hire about 1,000 grads per year.
A University of Pennsylvania career services officer noted, however, that Teach for America is one of the top first job choices among graduates there. She said that the program's reputation as a place where 'top people' come to serve was a major draw among students.
Similarly, the director of Stanford's Career Development Center told Forbes that some students were passing up on corporate and government positions in favor of internships at the World Bank. The interns' low pay is offset by their exceptional opportunities to network, he said, adding that the internships are especially attractive for students who have their sights set on graduate school.
Internships are increasingly useful as a means of entry to corporate employment as well. Goldman Sachs extends employment offers to over 70% of its interns, and IBM hires about half of the 60 undergrads accepted into its highly selective Extreme Blue internships each year.
Source: "Best First Jobs for College Graduates," by Tom Van Riper - Forbes, June 13, 2006
The current issue of Forbes reports on the array of tempting first job choices being offered to this year's graduates -- and on what options are proving popular.
Wall Street firms like JPMorgan Chase, Golman Sachs, Lehman Brothers, and Morgan Stanley are offering as much as $60,000 in salary plus bonuses to secure the services of elite college graduates as analysts and traders. A career services officer at Duke said that hedge funds were also hiring grads and interns to fill their ranks.
Google and Microsoft are actively recruiting college graduates to work on software development and product management. Google has been the top employer of Stanford grads for the past few years. Microsoft, according to one of its recruiters, targets top schools when looking for talent -- which is definitely the case now: the company is looking to hire about 1,000 grads per year.
A University of Pennsylvania career services officer noted, however, that Teach for America is one of the top first job choices among graduates there. She said that the program's reputation as a place where 'top people' come to serve was a major draw among students.
Similarly, the director of Stanford's Career Development Center told Forbes that some students were passing up on corporate and government positions in favor of internships at the World Bank. The interns' low pay is offset by their exceptional opportunities to network, he said, adding that the internships are especially attractive for students who have their sights set on graduate school.
Internships are increasingly useful as a means of entry to corporate employment as well. Goldman Sachs extends employment offers to over 70% of its interns, and IBM hires about half of the 60 undergrads accepted into its highly selective Extreme Blue internships each year.
Source: "Best First Jobs for College Graduates," by Tom Van Riper - Forbes, June 13, 2006
posted by AllStarEssays at 11:21 AM
<< Home