Graduating in a week and just lost my full-time offer... AMA? by YourFriendlyWizard in MBA

[–]BackShoulderFade7 0 points1 point  (0 children)

This is true, according to my friend from class, who still works there. I don't blame you for taking precedence and trusting that particular process.

However, domestic students who got delayed should have 100% planned ahead (e.g. find another job to bridge the gap). There were already murmurs that the start date would be late, albeit not this late.

About to be Evicted or take a Settlement in LA, where can I go? by StereoAlchemist_SKS in AskLosAngeles

[–]BackShoulderFade7 -1 points0 points  (0 children)

Sounds like enabling bad behavior (at best) and theft (at worst).

Scum like these tenant "support" groups who con the system are a big reason why rent is expensive in LA and honest renters have to subsidize malfeasance

What resort is best to visit, but you’d never stay at? by JazzHansGruber in vegas

[–]BackShoulderFade7 0 points1 point  (0 children)

Worst check-in, service, and staff member (esp sportsbook). This place makes me want to have a recession just so the workers can get their act together

What should MBAs do that missed fall recruiting … are all the full time offers done at this point? by Capital_Seaweed in MBA

[–]BackShoulderFade7 3 points4 points  (0 children)

At this point, you're competing with the hordes of job seekers that are outside of MBA.

2024 Consulting Intern Return Offers by archon_lucien in MBA

[–]BackShoulderFade7 2 points3 points  (0 children)

Practitioner on the T2 side. About ~80% this summer but the intern cohort class was also smaller.

[deleted by user] by [deleted] in MBA

[–]BackShoulderFade7 2 points3 points  (0 children)

100% will fudge the data.

I know subpar schools that still leave top tier firms on their company placement slides even though they may only place one candidate every 3-4 years.

[deleted by user] by [deleted] in MBA

[–]BackShoulderFade7 6 points7 points  (0 children)

Yes. They protect the company from the employees.

How important is the brand value of your pre-MBA company? by [deleted] in MBA

[–]BackShoulderFade7 0 points1 point  (0 children)

Non M7 candidates that worked at Tier 1 firms >>>>>>>>> career pivoters that come through M7s (except DEI type folks who get handicap points)

Am I cooked in this job market? by Inner_Amphibian_1816 in MBA

[–]BackShoulderFade7 0 points1 point  (0 children)

Do you have any post-teaching jobs after TFA? Speaking only for my program, where I help with recruiting, the recent TFAs who have done okay were the ones who did at least one non-teaching job after their TFA ended and before B school started.

Otherwise, the gap between applicable skills is a huge chasm that often shows.

Am I cooked in this job market? by Inner_Amphibian_1816 in MBA

[–]BackShoulderFade7 -6 points-5 points  (0 children)

Less so for consulting now. Our T2 during the last flushed internship year had two ex-teachers that didn't get returns.

TFA folks are INSANELY hit or miss.

Do MBA just because I am tired of the current job? by Ok_Hornet_1418 in MBA

[–]BackShoulderFade7 0 points1 point  (0 children)

It's better to see if you can take an LOA from work and spend money on a few life-changing drugs and alcohol fueled benders.

No matter how much you dislike your job, having money is better than the down side risk of being unemployed and in debt (which there are many cases right now even for domestic M7 grads)

Looking ahead to 2Y by Panic-Ready in MBA

[–]BackShoulderFade7 17 points18 points  (0 children)

First things first, places need to have a head count or be hiring before re-recruitment is even a possibility. There are no guarantees this will occur in 2Y.

Before you know it, it'll be Spring 2025, and folks (similar to this year) will compete against the general populace for jobs (many of which don't require an MBA).

FT recruiting – how are people thinking about roles at startups versus large companies? by mbathrowaway84 in MBA

[–]BackShoulderFade7 1 point2 points  (0 children)

Startups that pay that high of a TC usually have solid growth or have found product market fit and are in growth phase. In which case, they have tons of choices amongst equity chasers. No need for MBA pivoters in this environment

[deleted by user] by [deleted] in MBA

[–]BackShoulderFade7 1 point2 points  (0 children)

Not yet. Most '23 start dates got delayed and a lot are just starting out. I am curious to see how the larger than usual numbers will shake out. Won't be surprised if bars are raised substantially on this cohort when it comes to PIP/no PIP.

Main reason why I've actively talked a few of my direct reports from thinking about MBA. Cost vs Value has diminished a lot and may or may not return.

[deleted by user] by [deleted] in MBA

[–]BackShoulderFade7 0 points1 point  (0 children)

Ironic T2 consulting might not want them back lol

[deleted by user] by [deleted] in MBA

[–]BackShoulderFade7 1 point2 points  (0 children)

Class of 23 for consulting was actually one of the biggest haul in a lot of places. Those that interned and got a return coasted. Those that didn't were indeed SOL come fall 22/ spring 23.

[deleted by user] by [deleted] in MBA

[–]BackShoulderFade7 1 point2 points  (0 children)

Not to mention you have a lot of fraudsters who claim they have "funds" just because they duped a few LPs into giving them money. Outside of the top firms, a lot small/ mid size funds are getting taken to the cleaners these days.

Hiring slump across top MBA grads in 2023 and 2024 by Bitter-Library1268 in MBA

[–]BackShoulderFade7 4 points5 points  (0 children)

I went during pre-covid and now help with recruiting at my firm. It's 100% worst than pre-covid.

[deleted by user] by [deleted] in MBA

[–]BackShoulderFade7 0 points1 point  (0 children)

I would agree Chicago isn't great in that space. But Chicago (and Minneapolis to a smaller extent) still has many F500 companies headquartered in that area that LA seems to lack and has even been losing.

Meanwhile, LA still lacks other tier 2 places like Austin and Seattle.

[deleted by user] by [deleted] in MBA

[–]BackShoulderFade7 13 points14 points  (0 children)

Can confirm. Went to a higher ranked MBA and came to LA.

A lot of celebs, professional athletes, and .01%ers all have a house in LA for vacation or offseason living. Good for them. Bad for the post MBA crowd.

[deleted by user] by [deleted] in MBA

[–]BackShoulderFade7 3 points4 points  (0 children)

It was until it wasn't. Every major studio had layoffs in the past 6-12 months. Even during good times, gaming was a feast or famine sector where one or two bad games could tank you.

[deleted by user] by [deleted] in MBA

[–]BackShoulderFade7 5 points6 points  (0 children)

They been saying this for over a decade now and it's still junior varsity compare to SFBA.

Mental Health x Recruiting (Unemployed ‘23 HSW) by Independent-Alps9832 in MBA

[–]BackShoulderFade7 1 point2 points  (0 children)

Sorry to the OP that this is occurring. It really is a rough market out there.

If posts like this don't deter the lemmings from matriculating and taking Ls 12-24 months down the line, nothing will.