Posts Tagged ‘2015’

Jobs For 2015 Grads


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What is the Job Outlook for Graduates in 2015?

The economy in New York is much improved and so those who are graduating with four year degrees in 2015 would seem to have much reason for optimism. Adding to the economic recovery is the trend for the baby boomers to move toward retirement. Does all this add up to a real increase in jobs for this graduating class?

For  the past 15 years or so, many graduates were not able to find jobs in New York in their chosen fields and you would find people with degrees in accounting or business administration working in retail or fast food. You would find scientists working in sales.

However, for the graduates of 2015 it would seem that the job market is changing. Employers are looking to increase their workforce and replace retiring boomers instead of leaving those positions unfilled. An overall increase in hiring of 8.3% from last year is expected according to NACE (National Association of Colleges and Employers).

So who will be the most sought after graduates this year? Who will be paid the most? What attributes are employers looking for regardless of degree? Both internships and full time positions will be available in numbers not seen by the past 4 – 5 graduating classes.

Degrees and Qualities in Demand

Degree levels are not as important to employers at this time as the field of study. Areas that are expected to be in high demand for this graduating class include both the BBA and MBA (Bachelor of Business Administration and Master of Business Administration), all types of engineering degrees, IT/IC (Information Technology/Information Communications), science and technical degrees.

Attributes include good communication skills, working in functional teams, strong leadership skills, ability to interact effectively with diverse population groups, and interpersonal skills and communication with individuals, teams, and supervisors. Equally important if not more important is the ability to interact with clients, customers and constituencies through the use of social media.

Almost everyone is recruiting online and using social media sites for recruitment. There is also a wide diversification of social media sites and types that employers use more often. Graduates must be familiar with and able to navigate a wide variety of social media sites, some of which would include:

  • Career Builders
  • Indeed
  • Specialized boards
  • Linked-In
  • Sites for professional associations
  • Company websites

It is important to check and to be on the large national jobsites like Career Builders and Indeed. There are many jobs listed here and more companies are using these sites every year. About 70-75% of all employers will use some form of online site to advertise their openings and these are the two biggest.

However many companies will use smaller specialized boards or their own company websites to advertise their openings. Many will also list on professional association sites.

Finally, it is important to have your profile on Linked-In. Almost every employer is going to look for your profile on Linked-In and take that into consideration when deciding who to interview and hire. Take time to make your Linked-In profile as good as it can be.

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The Best Internships of 2015

Having an internship or two in New York during the summers of your college years is a big boost to your career after college. In certain fields these internships are hard to get and extremely competitive. You might expect tough competition for the company you want but still think you’ll get something in the industry. For some industries this is not true because the competition within the industry is so great.

Start early, be aggressive, go after your first choice and if you do not get that go after your next choice. Internships are critical these days in order to get a good feel for the industry you want to work in, develop great contacts, experience great training and impact your resume and choices after college.

Studies show that the best employers in the country offer 40% of all their entry level jobs to those who held an internship in the field. Here are some of the best companies in a variety of fields for high quality internships.

  • Elliot Davis ENVISION offers the best internship in the Accounting field.
  • Bates White Summer Consultant Program is the best internship in the Consulting field.
  • The best internship in energy if the Anadarko Petroleum Summer Internship.
  • Northwestern Mutual offers the best internship for finance
  • Evercore Advisory Summer Analyst Associate Program is great preparation for the area of Investment Banking.
  • AT&T Finance Leadership Program offers an excellent internship in Media and Telecommunication.
  • Kohl’s Information Technological Internship is the best in the consumer and retail fields.

Studies also show that companies are investing in more internships as today’s student are more inclined towards them and companies more inclined to offer them. This is the very best of the types of internships to get involved with. More emphasis is placed on training and development in most companies these days. It is seen as an excellent benefit.

Companies have also realized that offering quality internships and then hiring these same people is an advantage to the company. The companies are even better off when they give their internships to the same students for two or three summers in a row.

When this happens, loyalty is being developed and nurtured on both sides. The intern will start to think of the company as where they work and the company will begin to think of the intern as their employee.

However it benefits the student to remember that internship or no internship, the company is not obligated to hire you after graduation, so don’t put all your eggs in one basket. Internships are an important element in your career preparation but they are not all there is. Choose them and use them wisely and you will surely land a job with a reputable company in New York.