For better (or worse), ibanking is dead in the way we once knew it. Lehman Brothers ain’t coming back three or four times this semester tossing magnetic clips and shiny brochures at eager undergraduates and touting their numerous job opportunities.
The seniors this year will be pouting, missing out on the chance to sell their lives for a bazillion bucks a year. (Perhaps it’s too late for them to change their ways.) But, the juniors, sophomores and freshmen should take this as a sign of what will most likely be a turning point for the better when it comes to selecting a career.
If you have no idea what ibanking is, bless your soul. And for those who do know of it, this is why the death of 50% of the e-recruiting jobs is good for you.
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E-Recruiting is one of those phrases you hear tossed by upperclassmen as a freshmen. They bemoan it, love it, hate it, need it. And as a freshmen, you’re not quite sure what to make of it. But, once you hit sophomore year, that word “e-recruiting” is on everyone’s lips.
Some start early and fast — attending the recruiting sessions for SENIORS as sophomores during the first week or so of September. Others realize belatedly that deadlines start as early as mid-reading period for the first semester!
Here are a few tips for surviving e-recruiting (as it pertains for those searching for internships).
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It is finally that time of the year when Harvard releases its students from the grip of its off-kilter academic calendar, and Harvard students scatter to many parts of the globe to have fun, help others, study abroad and earn marketable skills.
Freshmen are (generally) wonderfully oblivious to the Harvard obsession of “doing something worthwhile” during the summer. They prance through January worrying about books only to realize in February that a number of deadlines have already passed for e-recruiting and grants. (In my opinion, however, this oblivion is generally a good thing for freshmen.)
So, what exactly do Harvard students do during those beautiful summer months? (This is a completely descriptive, non-life-hackery post.)
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Commentary: Starting Fresh With an Unpaid Internship
Tags: business, career, Commentary, e-recruiting, graduation, Harvard, jobs, recruiting, summer, WSJ
WSJ’s: Starting Fresh With an Unpaid Internship
Hello recession! What a scary job AND internship hunting season we will have this year. Imagine, competing against seasoned professionals in the internship hunt, or the entry-level job hunt. Makes me shudder, truly.
Granted, Harvard grads will be weathering out the storm better than most. But, this recruiting season, things will get ugly. Really, don’t pester your class of 2010 friends this entire fall with study group requests. We’ll be applying ourselves to grad school or the bottomless job hole.
For anyone not going through the imminent catastrophe of graduation, what are your thoughts? Feelin’ lucky for being in school for some more years?
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