this happened to a lot of SAIS/SFS grads in 2011 after republicans took the house and forced obama to sign sequestration/budget control act i know CIA pulled offers due to funding of positions |
Happened a ton during the dotcom bust for 2001 & 2002 grads and after the financial crisis in 2009 for consulting and banking. This is a bit different because there is no equivalent major external force. Really, hangover from artificially high demand from low interest rate environment. AI is also starting to make some inroads. |
Friends’ kid had consulting offer delayed last year. It may be industry specific. |
smart comment - right on point |
DC's friends have offers from Bain and McKinsey, no rescinds but a few have had start date pushbacks 3mos. T6= Penn, various majors in Seas and Wharton. Bain has dedicated recruiters that come to Penn, and probably the rest of the T10. |
Whoa. What college? |
insanity - Bain is the holy grail for many many kids - will send shock waves through those high achievers looking to go this path |
Regionally, maybe, but not nationally. |
Target universities for MBB
https://casecoach.com/b/what-type-of-candidates-make-it-to-mckinsey-bcg-and-bain-in-the-us/ |
holy cow - Penn far and away at the top of the list @ 11%, easily outpacing Harvard (7%) and basically lapping the rest of the field. Is this just Wharton grads? or do arts/science kids contribute to this.. Penn being treated with such derision on DCUM when it has such fantastic outcomes is a major disconnect |
The derision happens for most ivies here, most is sour grapes. Parent of penn grad, Bain has tech and innovation sectors, and hires many from Engineering, not just CS. Mckinsey and BC probably do too i do not know. All three hire from CAS (college of Arts&sci) too, many different majors, for similar roles as Wharton. Consulting is still considered "backup" plan by many who want grad/professional school careers or want a tech start-up but are not ready to launch, all paths common from Penn. |
Yep. And if you try to negotiate, they will look at you with a - I just F cleaned up your shit in the bathroom - look and say "don't disrespect the trade." Lesson: Send your kid to trade school? |
Go ahead and send your kid then. |
yep Penn and Cornell are the perennial laughingstock ivies here on DCUM. Heaven forbid someone attend them over Williams, Rice, or Berkeley! btw every Penn and Cornell grad i know is killing it - same can’t be said for SLAC grads i know.. |
My nephew is graduating next month with a computer game design degree and is having difficulty finding a job. |