Written by: Patrick Thomas
Published by: The Wall Street Journal
MBA News Digest Comment: None.
Extracted Content: Business school students are bracing for an uncertain job market this coming school year as many traditional corporate recruiters shelve their usual fall hiring plans.
At a time of year when many business school students are polishing their networking skills and getting their business haircuts, a number of big companies, including consulting giant PricewaterhouseCoopers, say there will be no jobs on offer to second-year M.B.A. candidates looking to lock down a position before they graduate in 2021.
The murky job market has both students and schools worried. M.B.A. students can pay hundreds of thousands of dollars to attend some of the top programs for the promise of an accelerated career and higher salary. Schools market strong job-placement rates to prospective students; those rates ranged between 80% to 90% for many highly ranked programs before the pandemic hit.