MBA Students Are Lowering Their Job Expectations

Once they stood to inherit the world, or at least a tidy little corner of it. Now, staring into the abyss of the worst financial crisis in decades, California's MBA students are tempering their expectations, networking like crazy and looking for a Plan B or even C. Graduates of the top 25 schools such as the Marshall School, UCLA Anderson School of Management and Stanford Graduate School of Business are typically all but guaranteed six-figure incomes. But now, some investment houses where students had hoped to turn summer internships into jobs are dead, companies are cutting back campus recruiting trips, and the job market is swarming with laid-off Wall Street employees, business school officials said. Read more at:
http://www.latimes.com/news/education/la-me-mba5-2008nov05,0,2128162.story?track=rss