MBA Grads Face Challenges During Economic Downturn

2008 has proven to be a nightmare of a year for recent MBA graduates across the country. As they prepare to graduate during one of the worst economic downturns of this decade, MBA students no longer have the luxury of choosing between multiple job offers and being courted by an even greater number of firms. As corporate America trims costs and adopts a more cautious recruiting stance, Cornell’s Johnson Graduate School of Management has felt the effects.

“From talking to second year students, there were a smaller number of firms that came to recruit on campus, but several of my classmates got their jobs on their own by going off campus and talking to Johnson alumni there,” said Sergey Losyev MBA ’09.