| May 20, 2009 | Posted By: Trevor Wilson | Category: Entry Level |
I love a good underdog story. I’m a sucker for a tale about someone who overcomes the odds to achieve what others thought impossible.
So when I read Against Odds, Some Grads Find Wall Street Jobs, I was pleasantly surprised. Not only is it great to see that there are still New Grads who are able to find Entry Level Jobs, but the fact that they have been able to find jobs in one of the most troubled sectors of the economy is amazing.
What makes this article particularly appealing to me are the statistics (or “odds”) that are touted in the article itself:
Between February 11 and March 11 of this year, half of all masters of business administration graduates had received at least one job offer. That’s down from 62 percent during the same period in 2008, according to a survey of 5,214 students by the Graduate Management Admission Council, which administers the entrance exam for MBA programs.
Now granted, this is looking at people who are graduating from MBA schools, but I believe that this is an excellent litmus test for the rest of the economy. If the most battered sectors can begin hiring again, can the rest of the country be that far behind?
But don’t be fooled. Not all aspects of this story paint a rosy picture. Mohamed Desoky, the focus of the article, had to push hard just to get a foot in the door:
He got the offer at RBC after completing a summer internship. To get that internship, he had to go through 48 interviews with many banks…
Ultimately, it’s difficult for any New Grad to find an Entry Level Job. But with enough hard work and perseverance, it’s definitely possible.
Do you have a success story you would like to share? Drop us a line!
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