In the 1990s, financial engineering, which was born in the heyday of Wall Street investment banks, attracted a large number of domestic students. Among them, Princeton University, University of California, Berkeley, new york University, Carnegie Mellon University and Stanford University have attracted a large number of outstanding students to give up full scholarships from famous domestic universities because of their good reputation and excellent employment rate.
Under the aura of Wall Street and major investment banks, the new word "miner" came into being. The so-called "miners" are people who engage in quantitative analysis in investment banks, which can be said to be the elite of the elite. However, this winter, when the domestic fresh graduates grab the head for a job, the "miners" in China on the other side of the ocean have also suffered a career winter.
65438+February is the graduation season for American graduate students. Take new york University as an example. Of the 3 1 students majoring in finance, 2 1 still have not found a job, and there are few interviews.
New york University, located in the center of Wall Street, has a graduate employment rate as high as 90% to 65,438+000% because of its unique geographical advantages and connections. Almost everyone can hold offer from several major investment banks. Because of this, the number of applicants for the finance major in this school has climbed from just 100 to 1000. There are many top scholars and scholars from Peking University, Tsinghua, Fudan University and Jiaotong University. Little R, who just got a master's degree in financial engineering from Stanford University, worked as an intern at Goldman Sachs in the summer. Excellent internship experience and a degree from a first-class school still failed to bring job opportunities to little R. So far, little R is still sending resumes everywhere. If in previous years, little R's experience could make him sit firmly on Diaoyutai.
Graduates are facing the crisis of job hunting, and many white-collar elites who are already on Wall Street are also facing the same fate.
From the initial bankruptcy of Lehman Brothers to the continuous decline in the share prices of Goldman Sachs and Morgan Stanley, a large number of layoffs have become a landscape in the near future. Even the topic that friends discuss with each other has become "When will your company be laid off?" "Have you been laid off?" ... class =' class1' > layoffs every quarter make employees nervous, and once laid off, the identity problem hangs like a Damocles sword over many China who work for Wall Street or major investment banks and hedge funds. Originally, the golden rice bowl in everyone's eyes suddenly became a hot potato with great risks.
The deteriorating financial situation in the United States has made many elites who have crossed the ocean choose to return to the motherland at this time. For a time, major fund companies and private equity companies have become the first choice for returnees; There are often hundreds of people competing for a position. At the end of last year, a large-scale job fair for financial talents was held in Flushing, new york. The scale of this job fair was no less than any job fair in China, both for participating enterprises and job seekers from all over the United States.
Under the influence of the financial crisis, these so-called elites in everyone's eyes are gradually stepping down from the altar. At present, they expect domestic financial institutions to become their safe haven.
According to statistics, there are still 1 10,000 college graduates who have not found jobs in 2007. In 2008, unemployed graduates10.5 million; In 2009, more than 665,438+million college students graduated. The situation in Guangdong is also not optimistic. This year, the number of college graduates will reach 330,000, and the number of college graduates who have failed to find jobs over the years is about 65,438+10,000. In addition, about 500,000 mainland college graduates came to Guangdong to apply for jobs. Since 2008, job fairs all over the country have been overcrowded and it is difficult to find a job.
The main reason why it is difficult for college students to find jobs is that some posts in China's system have been frozen for a long time, and it is difficult for latecomers to get opportunities to enter and participate in competition. The cadres and workers of some organs, institutions and state-owned enterprises have entered the "safe box" for lifelong protection as soon as they enter, and the proportion of being eliminated and dismissed is relatively low. This method has at least three disadvantages: first, it lacks a competitive selection mechanism and it is difficult to improve the quality of cadres and workers;