About to graduate from the University of Michigan Ross school and still jobless

Anonymous
Anonymous wrote:
Anonymous wrote:This is an unfortunate situation for the OP’s son. It also highlights the advantage of attending a smaller school like Bucknell or Colgate with a strong Greek system and a tight alumni base that isn’t built solely around sports. Your career network has way more tentacles at those schools. The OP mentioned that career services was no help, but what about fraternity connections or reaching out to alums eager to hire him simply because he's a Wolverine? My guess is OP didn’t mention those options because they weren’t available. There’s a reason very few kids in business or finance majors at Bucknell or Colgate graduate jobless, and it isn’t just because of the academic reputation. Attending one of those schools, joining a top-tier fraternity, building a relationship with career services early, and tapping into the alumni network is basically a cheat code for stacking cheese right out of college.


Colgate doesn’t have a business or finance major. It’s a liberal arts school.



You don’t have to major in business or finance to go into them. College is not trade school.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This is an unfortunate situation for the OP’s son. It also highlights the advantage of attending a smaller school like Bucknell or Colgate with a strong Greek system and a tight alumni base that isn’t built solely around sports. Your career network has way more tentacles at those schools. The OP mentioned that career services was no help, but what about fraternity connections or reaching out to alums eager to hire him simply because he's a Wolverine? My guess is OP didn’t mention those options because they weren’t available. There’s a reason very few kids in business or finance majors at Bucknell or Colgate graduate jobless, and it isn’t just because of the academic reputation. Attending one of those schools, joining a top-tier fraternity, building a relationship with career services early, and tapping into the alumni network is basically a cheat code for stacking cheese right out of college.


Colgate doesn’t have a business or finance major. It’s a liberal arts school.



You don’t have to major in business or finance to go into them. College is not trade school.


The undergrads interested in finance major in economics.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:My sis in law graduated from Ross a few years ago with an accounting degree and had tons of job offers.
because a few years ago is exactly like the moment we’re in now!


Or this kid doesn't have the grades.

Even with the grades, a few years ago isn't exactly like the moment we are in now.
Anonymous
I don’t think OP is a troll. We know other kids in this situation.

One thing kids and parents don’t think about is that ALL schools best place for jobs in their region. Going to Michigan works organically for jobs in the Midwest, but less so in the DMV. Yes, if the goal was to return to the DMV, UVA would have been the better financial and organic job pathway option.

The key to success here is going to be networking and informational interviews. The kid may just want a job, but no one wants to hire someone who seems indifferent to an opportunity. The student needs to narrow their scope, hold genuine informational interviews with alumni, and hope that something breaks positive. Beware though, no alumni wants a call where the kid loses interest in the conversation the minute it’s clear there is no job available. You never know where good conversations lead, so be prepared, curious, and ready to ask for someone else the person might suggest that you talk to.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:My sis in law graduated from Ross a few years ago with an accounting degree and had tons of job offers.
because a few years ago is exactly like the moment we’re in now!


Or this kid doesn't have the grades.

Even with the grades, a few years ago isn't exactly like the moment we are in now.


+1

So many people in this forum are clueless. My department recently rescinded an offer to someone who interned with us for the past two years due to budget cut. She is going to graduate from UVA McIntire school next month with a 4.0 GPA. She will have to complete with a flood of recently fired Federal employees and contractors for the same job. It is just getting harder than before.
Anonymous
Anonymous wrote:I got 2 different jobs due to my alumni connections at Michigan. Go Blue!


Congrats!

OP is looking for someone to blame. This is not in the school.
Anonymous
Try Morgan Stanley or T.Rowe Price in Baltimore
Anonymous
It is a rough market right not. My son has a job but he's the only one in his friend group so far (VT). I agree with others that it's not the college's job to get you a job. But, hopefully, you were able to get substantial experience through class projects, working with professors, prior internships, major capstone/thesis project to have a competitive resume.

Work LinkedIn to connect with alumni. Use the cart center to practice interviewing. Widen the pool of size and type of companies you are applying to.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This is an unfortunate situation for the OP’s son. It also highlights the advantage of attending a smaller school like Bucknell or Colgate with a strong Greek system and a tight alumni base that isn’t built solely around sports. Your career network has way more tentacles at those schools. The OP mentioned that career services was no help, but what about fraternity connections or reaching out to alums eager to hire him simply because he's a Wolverine? My guess is OP didn’t mention those options because they weren’t available. There’s a reason very few kids in business or finance majors at Bucknell or Colgate graduate jobless, and it isn’t just because of the academic reputation. Attending one of those schools, joining a top-tier fraternity, building a relationship with career services early, and tapping into the alumni network is basically a cheat code for stacking cheese right out of college.


Colgate doesn’t have a business or finance major. It’s a liberal arts school.



You don’t have to major in business or finance to go into them. College is not trade school.


Yes, I realize that. I was just pointing it out as the previous poster was referring to finance and business majors at Colgate. It made me think she didn’t really know much about Colgate.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:This is an unfortunate situation for the OP’s son. It also highlights the advantage of attending a smaller school like Bucknell or Colgate with a strong Greek system and a tight alumni base that isn’t built solely around sports. Your career network has way more tentacles at those schools. The OP mentioned that career services was no help, but what about fraternity connections or reaching out to alums eager to hire him simply because he's a Wolverine? My guess is OP didn’t mention those options because they weren’t available. There’s a reason very few kids in business or finance majors at Bucknell or Colgate graduate jobless, and it isn’t just because of the academic reputation. Attending one of those schools, joining a top-tier fraternity, building a relationship with career services early, and tapping into the alumni network is basically a cheat code for stacking cheese right out of college.


I'm generally ambivalent towards fraternities. But reading these sorts of posts really turns me off. Yuck.


I live in Fairfield County. I can literally picture the folks in Darien and New Canaan executing this exact strategy.


+1 I used to live in Fairfield County, and you are spot on.
Anonymous
There is a big world outside the DMV. Try looking for work elsewhere.
Anonymous
You’re child certainly is an outlier:

https://michiganross.umich.edu/undergraduate/bba/careers/employment-data

I smell a troll.
Anonymous

https://poetsandquantsforundergrads.com/first-jobs/99-of-grads-from-this-top-b-school-landed-job-offers-3-years-running/

“Continuing a three-year streak, 99.3% of 2024 Ross graduates received a job offer by September 30, 2024”

If this is a real person, I’m sure there will be job offerings if he/she looks elsewhere for employment. You do realize that this area is experiencing massive layoffs right now correct?
Anonymous
Anonymous wrote:FYI: DS will graduate from University of Michigan Ross school next week and is still jobless for a 300K education because we live in the DMV. Has been looking for jobs since September 2024. The career office has not produced any leads. In hindsight, DS could have gone to UVA and saved 150K in the process. It is really depressing.

That sucks. Unfortunately it happens sometimes. Sure your kid will be fine.
Anonymous
Anonymous wrote:You’re child certainly is an outlier:

https://michiganross.umich.edu/undergraduate/bba/careers/employment-data

I smell a troll.


1. Please use the proper form of "your" if you are insulting someone else. I am not alone in judging people's intelligence based on their grammar usage. We all make typos. I'm guessing this is not. Though it might be auto-correct. But I doubt it.

2. The data you provided shows almost all grads having a job by Sept. 30. It is now April. I completely agree with most of the other posters here that this parent is totally over-reacting and it is early to be alarmed. But the data you provided adds nothing to that.

3. The data is based on past years. This year is much different. It would be like basing statistical information on 2019 vs. 2020. The economy is not great now. Companies are not hiring. Companies need predictability to plan for hiring, capital investments, etc. Trump has created chaos. So no one wants to hire. It hasn't hit any of the major economic indices yet. But it will soon enough. There are plenty of examples cited in this thread.
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