Skip to main content

college career fairs

Conducted another round of interviews this week...man it really looks bad out there. Both said that the companies coming to career fairs have significantly reduced. Most companies out at undergraduate business schools are hiring only accounting majors. One of the candidates said that it was either this or grad school. All four candidates had only one-two interviews lined up. What a bad time to be looking for jobs.
For those of you who have CNBC, there was a really good documentary this week called "The Money Chase - Inside Harvard Business School" . Check it out on replay or on dvd. Even the Harvard mba candidates are having a tough time finding jobs. Ibanking jobs have dried up, consulting's a little slow. Most are taking jobs that were not their first choice. For those of you joined bschool this september, we're all hoping it'll get better by the time you graduate.

Comments

Anonymous said…
I graduated in June 2008. I still did not get a job while studying for the CPA exam. I don't know what to do now. I'm in NYC. There are no entry-level position openings at accounting firms since this summer. I see some staff accountant positions at small offices w/low-salary (30-40k). Should I pass the cpa first and then look for job or start w/low salary ASAP?? Which one do you think better?
notfordisplay said…
Well it depends on your financial position. I'm assuming you'd want a job right now. You can always start at a small public accounting firm while studying for the cpa, and then apply during the next round of hires next summer. If you only focus on passing the cpa before looking for a job, it's not a guarantee that a big firm will hire you come next fall.
I understand that the money doesn't help much, especially in nyc, but if it's the only choice you have, there's not much else you can do?

Popular posts from this blog

ADP/Payroll

Just realized that the very payroll/adp reports we all enjoyed looking at in order to see how much our client contacts made, now seem to piss me off. Especially when your main contact, who couldn't tell a debit from a credit, makes significantly more than you, and leaves at 5. It's almost guaranteed to get you in a foul mood and yak with your team about the ridiculous salaries that certain employees get when compared to yours.

should you choose to audit financial services?

I'm trying to decide whether to audit financial services companies or non-financial services companies. What would you say are the pros and cons of either industries? Do individuals who choose non-FS have less career mobility within the firm or if they decide not to stay with the B4 after a few years? Really depends on what you'd like to do after (unless you really love auditing). If you want to a controller,etc. at a p/e firm or a hedge fund down the road, you'd want to go into financial services. The pay won't be too bad, especially if you get a share of the insane bonuses they dole out. If you want to audit industries with tangible products and want to get a better understanding of the operations of such businesses, then other industries are the way to go.In terms of mobility outside the firm, auditing other industries is the way to go since you have plenty of options when you exit the audit world. For example, in 2008, after Lehman collapsed, it was incredibly hard

Weekends Big 4 vs Private

Man there is such a big difference between being in Public vs Private when it comes to weekends. In public, you're always on call - and always have to keep checking your email. Okay, maybe you don't need to, but it's implicit that the best performers invariably end up with work on their mind - all it takes is one email from the client to piss you off or take up the rest of your day. In Private, I'm still checking my emails frequently during the weekend, a habit I wasn't able to get rid of. But it's so radio silent since almost everyone else in Private truly takes the weekend off. I almost feel guilty shooting an email, and that's a good sign.