2024 College Graduates, how’s the job market?

[Anonymous]

Anonymous wrote:

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 A lot of start date delays happening (EY, Bain, McKinsey) and some leading to rescinded offers (Amazon).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 Bain rescinded DS’s offer last week.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..

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

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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 A lot of start date delays happening (EY, Bain, McKinsey) and some leading to rescinded offers (Amazon).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 Bain rescinded DS’s offer last week.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..

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.

[Anonymous]

Friends’ kid had consulting offer delayed last year. It may be industry specific.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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..

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.

smart comment - right on point

[Anonymous]

Anonymous wrote:

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..

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.

[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 😟.

Whoa. What college?

[Anonymous]

insanity - Bain is the holy grail for many many kids - will send shock waves through those high achievers looking to go this path

[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.

Is CU Boulder a target school for CS?

Regionally, maybe, but not nationally.

[Anonymous]

Target universities for MBB

https://casecoach.com/b/what-type-of-candidates-make-it-to-mckinsey-bcg-and-bain-in-the-us/

[Anonymous]

Anonymous wrote: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

[Anonymous]

Anonymous wrote:

Anonymous wrote: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.

[Anonymous]

Anonymous wrote:A plumber yesterday told me they charge $420 per hour. I was shocked inflation drove plumbing service to $420 per hour! Now how many college majors offer $420 per hour, even ten years post-graduation? And the icing on the cake is AI will not replace residential plumbing maintenance jobs!

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?

[Anonymous]

Anonymous wrote:

Anonymous wrote:A plumber yesterday told me they charge $420 per hour. I was shocked inflation drove plumbing service to $420 per hour! Now how many college majors offer $420 per hour, even ten years post-graduation? And the icing on the cake is AI will not replace residential plumbing maintenance jobs!

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.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote: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 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..

[Anonymous]

Anonymous wrote:Bad for my nephew who studied computer game design. (He has been looking since 2023)

My nephew is graduating next month with a computer game design degree and is having difficulty finding a job.