2024 College Graduates, how’s the job market?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Prediction (without dog in fight) CS and most STEM over or almost over. Glut of kids from the over focus on this for last 10-15 years and skills moving to AI. Will still need human implementation and judgement, though.

If you believe that…then you also have to believe most white collar jobs are “over”. AI can replace accountants, lawyers, junior investment bankers, stock analysts, special effects creators, etc just as easily.

Just the junior ones… you still need the senior people whose judgment and commercial experience is important.

The problem then becomes one of pipeline.

Which potentially is a problem for everyone if the pipeline shrinks by 75% for lots of careers with huge entry level funnels.

Or not. There will always be top performers and they are typically the ones with drive, analytical skills, strong writing skills and understands professional cultures. If the bottom 2/3rds of the staff pyramid is replaced by ai, the remaining 1/3 will be the best performers and use AI to drive efficiency (and profits).

Great for upper mgmt and stockholders…but you have to believe AI will create entirely new industries that will employ all these people or society at large will be in trouble.

[Anonymous]

Anonymous wrote:

Anonymous wrote:One kid at Michigan, one at Wisconsin. Michigan is generally a target for everything so he's set. The other at Wisconsin, however, is struggling despite having a higher gpa.

Wisconsin is a great school, I didn't really notice a difference in academics. The problem is its very unrecognized and obscure with employers...that goes from Mckinsey to a gas station.

Is this causing resentment between the two?

I thought wisco was a target for ag/food related stuff - Cargill, Archer Daniels Midland, cpg firms like Pepsi, Nestle, Hershey, Mondelez, Coca-cola etc

Somewhat, although Mich kid feels bad because he knows Wisconsin is good...His favorite history professor did a PHD there. The jobs in Wisconsin vs Michigan itself are totally different. For example, PwC has an office in Detroit, so their representatives took a 30 min drive to Ann Arbor and were very eager to hire. With Wisc, my kid said you could tell what little big name employers did come made an effort to communicate the fact they went out of their way to get to Madison and were much more strict with even giving interviews. Google and Amazon were like that. The vast majority of other jobs in Wisconsin are farming. Just as advice to the other DC's looking at Wisconsin for their kid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you’re at a target school it’s competitive. If you’re at a non target don’t even bother.

Very true.

Untrue. Hard working, smart kids with great people skills are landing six figure jobs from regional schools.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Prediction (without dog in fight) CS and most STEM over or almost over. Glut of kids from the over focus on this for last 10-15 years and skills moving to AI. Will still need human implementation and judgement, though.

If you believe that…then you also have to believe most white collar jobs are “over”. AI can replace accountants, lawyers, junior investment bankers, stock analysts, special effects creators, etc just as easily.

Just the junior ones… you still need the senior people whose judgment and commercial experience is important.

The problem then becomes one of pipeline.

Which potentially is a problem for everyone if the pipeline shrinks by 75% for lots of careers with huge entry level funnels.

Or not. There will always be top performers and they are typically the ones with drive, analytical skills, strong writing skills and understands professional cultures. If the bottom 2/3rds of the staff pyramid is replaced by ai, the remaining 1/3 will be the best performers and use AI to drive efficiency (and profits).

Great for upper mgmt and stockholders…but you have to believe AI will create entirely new industries that will employ all these people or society at large will be in trouble.

Or they will be plumbers.

[Anonymous]

Anonymous wrote:One kid at Michigan, one at Wisconsin. Michigan is generally a target for everything so he's set. The other at Wisconsin, however, is struggling despite having a higher gpa.

Wisconsin is a great school, I didn't really notice a difference in academics. The problem is its very unrecognized and obscure with employers...that goes from Mckinsey to a gas station.

OMG.

[Anonymous]

my non-stem HYP kid was hired for a gov job locked it up a 18 months ago after sophomore year summer job.

his friends said he was an idiot at the time for taking a sub-100k job. they had a lot of lofty ideas about pay. I'd said most have jobs now, but a very good number - maybe 1/3 - are still looking. havent' heard too many giant salaries. again, not stem.

[Anonymous]

Encourage these kids to apply for federal jobs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It’s challenging right now in the market. During admitted student days at Princeton, MIT (virtual for parents), Hopkins, and Georgetown, their career center missions all presented and the data should significant decrease in on campus recruiting and number of 2023s entering the job market within 6 months after graduation. They stated companies across numerous industries although are hiring, they aren’t hiring as many positions. Students who have been hired have received delayed start dates, bonuses to delay start dates etc. Also, the data showed an upward trend in students staying for an additional year to pursue their masters and students pursuing other graduate degrees. This is like the early 2000s when .dotcom took a hit and those that graduated in 2000-2003 are still feeling the financial impacts to this day. My prediction this will be the case for 2023-2026/7.

As for CS majors, Hopkins stated that although numerous people major in it, it’s an innate talent. Some people it truly clicks for and they do research, startups etc hence they get targeted for hires but if you are not a standout it may be better to pursue other areas. They stressed this numerous times in engineering dept talk. MIT is offering an AI degree as SB for undergrads. MIT stated they have been also impacted by the market and of course showed stats to you can see in their CAPD site. Georgetown talked about delayed starts and higher number of students taking a gap year and pursuing grad school.

Georgetown has a CS major?? Is this new??

They have had one for atleast 10years. Even has a PhD program

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you’re at a target school it’s competitive. If you’re at a non target don’t even bother.

Very true.

Untrue. Hard working, smart kids with great people skills are landing six figure jobs from regional schools.

Sure, lots of fictional kids from these schools…but no actual kids.

Considering the median salaries for kids from these schools after 10 years is less than $100k.

[Anonymous]

Anonymous wrote:My DS is a senior in computer engineering at NC State and has a job lined up, as do 2 of his roommates (one is CE, the other is a similar major). The 4th roommate started graduate school early this semester.

Wait to see when they get an actual start date in writing. A lot of start date delays happening (EY, Bain, McKinsey) and some leading to rescinded offers (Amazon). If they don’t have a start date by now, I would have your DS start pushing for one in writing. Also, ask for an earlier start. This is not the year to take the summer off and start in Sept.

[Anonymous]

Anonymous wrote:If you’re at a target school it’s competitive. If you’re at a non target don’t even bother.

Is CU Boulder a target school for CS?

[Anonymous]

Anonymous wrote:

Anonymous wrote:My DS is a senior in computer engineering at NC State and has a job lined up, as do 2 of his roommates (one is CE, the other is a similar major). The 4th roommate started graduate school early this semester.

Wait to see when they get an actual start date in writing. A lot of start date delays happening (EY, Bain, McKinsey) and some leading to rescinded offers (Amazon). If they don’t have a start date by now, I would have your DS start pushing for one in writing. Also, ask for an earlier start. This is not the year to take the summer off and start in Sept.

This. Bain rescinded DS’s offer last week. He is now looking again and planning to move back home 😟.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My DS is a senior in computer engineering at NC State and has a job lined up, as do 2 of his roommates (one is CE, the other is a similar major). The 4th roommate started graduate school early this semester.

Wait to see when they get an actual start date in writing. A lot of start date delays happening (EY, Bain, McKinsey) and some leading to rescinded offers (Amazon). If they don’t have a start date by now, I would have your DS start pushing for one in writing. Also, ask for an earlier start. This is not the year to take the summer off and start in Sept.

This. Bain rescinded DS’s offer last week. He is now looking again and planning to move back home 😟.

wow sorry about this - had to be elated getting hired by the best of the best, and then to have it stripped away. Almost like a cruel joke. Is your DC an undergrad, and can u name school? has to be T5 if they landed at Bain..

[Anonymous]

That sucks and I’m sorry!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:My DS is a senior in computer engineering at NC State and has a job lined up, as do 2 of his roommates (one is CE, the other is a similar major). The 4th roommate started graduate school early this semester.

Wait to see when they get an actual start date in writing. A lot of start date delays happening (EY, Bain, McKinsey) and some leading to rescinded offers (Amazon). If they don’t have a start date by now, I would have your DS start pushing for one in writing. Also, ask for an earlier start. This is not the year to take the summer off and start in Sept.

This. Bain rescinded DS’s offer last week. He is now looking again and planning to move back home 😟.

serious? which office of Bain's?