Lindsay Ellis
speaker
770 appearances
18 recordings
1 series
first heard Mar 2022
last heard Jan 2025
Lindsay Ellis’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · How MBA Students Are Dealing With a Tighter Job Market · 19 Oct 2023
podcast
And as you'll remember, the white-collar job market then was incredibly hot, so much so that employers were trying to convince their workers who were applying to business school at the time to
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And what do things look like now?
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So the broad employment picture is still quite good, but as we've reported over the last six months, the white-collar job market is much more challenging these days.
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We're talking many interviews before an offer comes, fewer job postings overall.
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These are positions that are tough to land right now.
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So in my reporting for this story, I was really focusing on three sectors, tech, finance, and consulting.
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And that's because those three sectors hire 70% or more of students from top MBA programs.
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And they've all had a really rocky year.
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In finance, dealmaking has slowed down.
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Corporate clients have been hesitant to hire consulting firms, which makes for a challenging environment there.
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And we've all been following the tech layoffs at big companies.
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And so it all adds up to a really challenging job market for students.
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In addition to the more challenging climate for those key areas, another key reason is overhiring.
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We know that some of the major employers of MBAs had gone on a hiring spree a few years back, and so they had a ton of people, and now that's coupled with this more rocky stretch business-wise for them.
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So many of them are really trying to step up their networking game, traveling long distances for face-to-face meetings, casting a wide net on LinkedIn among people who went to their MBA programs and graduated a few years prior.
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They're also considering a wider range of roles and companies.
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Someone who might be interested first and foremost in management consulting might think, okay, well, maybe I'll look into a strategy role inside a company.
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Or someone who might be interested in investment banking and really going into dealmaking, maybe there's a finance role inside a company in another sector that will be fulfilling and be a good spot to land after graduation.
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So they're really hustling to try and get interviews in the sectors that they want and
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