Study shows summer internship opportunities likely to increase for business students
Students may have the upper hand when looking for job opportunities this summer, according to a new study.
The study, conducted by members of the MBA Career Services Council, showed 81 percent of business schools are predicating a definite increase in summer internship opportunities.
The study also found 63 percent of respondents to the survey saw more on-campus recruitment this year than last year. According to the 2009 survey, 56 percent of business schools reported a decrease in on-campus full-time recruiting, and 70 percent of schools had at least a 10 percent decrease in recruitment rates.
The study was done to better understand where the job market stands for recent graduates, said Megan Hendricks, executive director of the MBA Career Services Council. The mission of the MBA Career Services Council is to study trends in the MBA job market and, in turn, help universities and corporations make plans for recruiting and programs, Hendricks said.
The study was confidential, so no specifics on whether Syracuse University was involved in the study could be released, Hendricks said.
When asked about the results, Hendricks said the results show an improvement in the job market, which means there are more opportunities for students.
‘It seems to be in line with other studies and information that is released about the job market,’ Hendricks said. ‘I think things look like they are getting better but not to the point where they were before 2001,’ Hendricks said.
Angela Petrucco, director of the Career Center at the Martin J. Whitman School of Management, said she believes Whitman students have hope for their future. Petrucco said 84 percent of Whitman graduates had employment offers within three months of graduation.
‘On an annual basis, we host over 300 individual recruiting schedules, which equates to 3,300 interview slots available to business students,’ Petrucco said. ‘In addition to campus interviews, we listed 2,735 job listings targeted to business majors.’
Petrucco agrees with the increase in the job and internship market for business students because this year, ‘recruiting numbers show a 14 percent improvement, which is amazing when you consider the current economic conditions,’ Petrucco said.
Mohit Diwan, a first-year MBA student, said he is not sure if the study necessarily means the job market has improved but said the career center is a very useful tool for students.
Said Diwan: ‘They cover everything, have sessions regarding your resume, help with interviews and aid you with what you want.’
Published on January 26, 2011 at 12:00 pm
