MBA News: NYT Declares MBA Job Market “Stabilized”

This morning, the New York Times wrote a piece that is bound to encourage aspiring and graduated MBAs alike, declaring that the MBA job market has stabilized. The Times profiled students at the University of Virginia (Darden), Duke and UNC, describing their struggles in finding jobs and some of the harassment they have experienced working in the tarnished banking field. Although Darden did not offer a base from which the statistics it offered can be judged, the school told the New York Times that it has seen a 20% increase in banks interviewing on campus this year and a 33% rise in job offers. UNC reported that offers are up 67%, but like Darden, offered no base statistics. Still, with a rebound on Wall Street and a return of bonuses, it seems that the mutual love affair between investment banks and MBA students will continue.