hiring

i recently talked to a former MD at Citi and he telling me that there are campus hires versus market hires, but i wasnt sure what he meant exactly by that?

could someone clarify?

Is anyone even interviewing? Only GS S&T is coming to my school and they gave offers to the 5 people they took for SA. Which firms and divisions will hire?

So... now that tens of thousands of experienced workers are now floating around the street willing to work for peanuts, how screwed are the seniors who are going through the recruiting process now, or are waiting to hear about their SA offers? I feel like why would firms hire kids straight from college when they could go out and get an analyst with experience for essentially the same price. What does everyone think? I am starting to fill out applications for the McDonald's down the road.

Job Advertisment
Job Title: Chief Executive Officer
Country: United States City: New York
Compensation Base: Maybe USD Compensation Bonus: Unlikely USD
Position available from: 2008-09-11
Required Experience (years): 0 Role Type: Risk Management
Contract Type: Standard Position Type: Management

Available: Yes

Keywords:

We're currently looking for a CEO for our Tier 2, no Tier 3 wait, damn it: Tier 4 Investment Bank. We have a not-so-strong balance sheet and we're not entirely sure what our rating is at the moment. But the good news is: We're somehow in the (undeserved) position that the Federal Reserve Bank will keep loaning us money, no matter what. So, we should be good. For the next 24 hours anyway.

As our previous CEO ensured us constantly that "everything was fine" and we.... well, anyway, we need someone new. Pronto.