New Grads: Good Luck Finding a Finance Job?
At the undergraduate level, job openings in financial services will shrink by 27%, though students majoring in economics, finance and accounting—the largest sources for new talent in that industry—will fare just fine because of strong hiring outlooks in other corners of the market, says Phil Gardner, the institute’s director.
M.B.A.s won’t be so lucky: Financial-services respondents said they expect to cut jobs for graduate business students by 58% this year, government employers forecast an 86% plunge, and overall hiring is expected to decline by nearly 25%.
I found this amusing because when I was a freshman, everyone told me, "Oh, you're so lucky to be graduating in 2014. The recession will be over and hiring will be rampant again!" But I'm sure that's what they tell the kids every year.