Business graduates face weak job market
A year ago, consulting firms, investment banks and high-tech companies were competing for recent MBA graduates with lucrative job offers and for MBA candidates with increasingly attractive internships---not so anymore. In an already weakening economy further shaken by the events and aftermath of September 11, clients have been cutting back on their demand for the services of such firms, who have in turn dramatically cut back on their demand for new hires. As career fairs and recruiting visits are cancelled at business schools across the country, business schools and their students are beginning to take a more active role in searching out career and internship opportunities in an increasingly loose job market.
See JONATHAN D. GLATER, San Francisco Chronicle, September 26, 2001