What is good for Goldman Sachs is generally good for business school graduates. With Goldman reporting only its second quarterly loss since it went public in 1999, it seems doubtful that the job situation for MBA grads will improve anytime soon. As we noted yesterday, because of the weak economy, fewer people are seeing the opportunity in business school, so applications are down. Still, the bold MBA applicant and I-banking aspirant can apply now in a less competitive pool and then strive to gain that coveted position with a pretty lean bank – prepared to quickly advance as the recovery comes, because there should be fewer competitors at work as well.
Read the full article: MBA News: Goldman’s Poor Results a Bellwether for MBA Jobs?