[QUOTE=Acid Lamp]
Not in my, or any number of my friends and acquaintances experience. College, while worthwhile in terms of certain training aspects, has been nearly useless for us. Job placement and campus recruiting programs are a joke. You’d be far better off joining a fraternity or sorority then investing your time in those programs.
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Considering the number of my fraternity brothers who are lawyers, investment bankers, traders, consultants, engineers, accountants, and managers in large corporations you are correct about joining a fraternity or sorority.
Something they don’t tell you when you are applying to schools is that the schools reputation and rankings matters. The top ten employers at my undergrad alma matter last year were:
Ernst & Young
KPMG
PricewaterhouseCoopers
IBM
Bear Stearns (sucks for those guys)
Goldman Sachs
Accenture
Deloitte
Merrll Lynch
JP Morgan
about a 125 altogether. Engineering, petroleum and other companies are also on the list.
These companies actively recruit at my school. These students will start as analysts or consultants and spend the next couple years working long hours and weekends where they will be gaining the skills and experience that will make them valuable to other employers. Or they might go back to school for a masters.
[QUOTE=Acid Lamp]
That’s half the problem. They are hiring intelligent, creative, somewhat skilled, technologically savvy young workers, and leaving them to rot in the bottom rungs. They are wasting a huge resource of talent and innovation by clinging to the old model of management that is incompatible with today’s society.
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Go to work at one of the companies I mentioned or any of their competetors. For the most part EVERY young worker they hire is creative, somewhat skilled, and technologically savvy. They wouldn’t get hired if they weren’t. You will bust your ass working for those companies though because all those creative, somewhat skilled, and technologically savvy analysts and consultants are trying to get off the bottom rung and eventually become managing director or partner. The alternative to getting promoted is being counselled out or getting frustrated and quiting on your own. In the 4 years I was at my last job, about 90% of the people I started with had not only quit, but had gone to multiple companies (many on the list) in that time.
I used to see it all the time in consulting. Every bright kid with a big mouth thinks he should be made manager after one successful project and partner by age 29.
One of my friends, a 37 year old senior manager went out to visit one of our clients - an old trucking and shipping company. The Director of their group had worked there 30 years, starting out as a driver and eventually working his way up to running the whole division. My friend commented to me "this guy must think we are a bunch of overpaid retards. A bunch of 28 year old consultants and lawyers with 2 years out of grad school calling themselves “senior director” or “vice president” are going to tell this guy something about his business he doesn’t already know.
In reality you need a mix. You need the wise old gray-haired Mr Burnses (we had a couple in my old job who were freakin awesome) who have seen and done it all. You need the constant influx of new young talent with their drive and stupid enthusiasm and you need people in between to coach and direct them. Too much of one, and you end up with a dot-com full of kids enthusiastically running their company into the ground. Too much of the other, you end up like my current job where nothing gets done because people are so entrenched in beurocracy and hierarchy.