With the economy and the job market coming to a furious slowdown, many college students and recent graduates are worried about securing internships.
In today's society, internships have become a requirement for most students. However, many large companies are decreasing their internship programs or cutting them altogether, which means students in law, finance and other high-professional fields are having a tough time finding internships.
According to an article by CNN Money, a recent survey by the MBA Career Services Council revealed that 56 percent of career-services officers said on-campus recruiting was down by more than 10 percent this winter.
"[Employers] don't know what's happening six months from now," Pamela Bierman Mittman, assistant dean of career services at New York University's Stern School of Business, said in the article. "This year they seem to be less confident about the actual hiring targets this far ahead. They're not making long-term commitments yet."
While 10 to 12 week internships, often with the promise of a future job, used to be commonplace, fewer firms are even offering internships this year, and those that are plan to hire fewer students and make fewer full-time offers.
"There's a general shrinking," Maxine Sugarman, director of career services at Pace University in New York, said in the article. "We're seeing very limited opportunities for MBA students in terms of typical summer opportunities that could translate into a full-time opportunity."
Thursday, February 26, 2009
Internships for Latino Undergraduates
Good news for Latino undergraduates looking for internships. The Congressional Hispanic Caucus Institute (CHCI), the nation’s premier Latino youth leadership development and educational organization, has announced the addition of fall and spring semesters to its Congressional Internship Program. The new semesters are made possible by a $1 million donation by Wal-Mart over a period of three years.
CHCI’s Congressional Internship Program currently operates in the summer, providing hands-on work experience in Congress for 30 Latino college undergraduates. Wal-Mart’s support allows CHCI to double the number of Latino youth who have the opportunity to work on Capitol Hill throughout the year during twelve week sessions in the fall and spring semesters. The first new class of congressional interns will be in Fall 2010.
“CHCI is very excited to work with Wal-Mart to increase the number of young Latinos who can experience working in Congress and learn first-hand how laws are made and how they as individuals can impact their communities and the nation,” said Esther Aguilera, CHCI President & CEO. “Many internships are unpaid, limiting the number of Hispanics that complete internships in Congress. This partnership will increase the pipeline and address Hispanic under-representation by doubling our capacity to offer these once-in-a-lifetime paid internships. These individuals will be the Latino leaders of tomorrow and we are excited to partner with Wal-Mart in this important endeavor.”
CHCI’s Congressional Internship Program places college undergraduates in Congressional offices where they are responsible for conducting extensive legislative research, monitoring day-to-day hearings, managing constituent communications and assisting with general office matters. Additionally, interns participate in weekly CHCI leadership and professional development sessions and meet with corporate representatives, national elected officials and foreign dignitaries. Interns are provided with housing, roundtrip transportation to and from Washington, D.C., and a stipend.
“Internships on Capitol Hill are an important part to getting your career started in Washington, D.C.,” said Miguel Ayala, 1998 CHCI Congressional Intern and current communications director for the Congressional Hispanic Caucus. “CHCI’s summer program has proven to be successful in getting more Latinos on the Hill, and expanding those opportunities year-round will only help that success grow exponentially.”
CHCI’s Congressional Internship Program currently operates in the summer, providing hands-on work experience in Congress for 30 Latino college undergraduates. Wal-Mart’s support allows CHCI to double the number of Latino youth who have the opportunity to work on Capitol Hill throughout the year during twelve week sessions in the fall and spring semesters. The first new class of congressional interns will be in Fall 2010.
“CHCI is very excited to work with Wal-Mart to increase the number of young Latinos who can experience working in Congress and learn first-hand how laws are made and how they as individuals can impact their communities and the nation,” said Esther Aguilera, CHCI President & CEO. “Many internships are unpaid, limiting the number of Hispanics that complete internships in Congress. This partnership will increase the pipeline and address Hispanic under-representation by doubling our capacity to offer these once-in-a-lifetime paid internships. These individuals will be the Latino leaders of tomorrow and we are excited to partner with Wal-Mart in this important endeavor.”
CHCI’s Congressional Internship Program places college undergraduates in Congressional offices where they are responsible for conducting extensive legislative research, monitoring day-to-day hearings, managing constituent communications and assisting with general office matters. Additionally, interns participate in weekly CHCI leadership and professional development sessions and meet with corporate representatives, national elected officials and foreign dignitaries. Interns are provided with housing, roundtrip transportation to and from Washington, D.C., and a stipend.
“Internships on Capitol Hill are an important part to getting your career started in Washington, D.C.,” said Miguel Ayala, 1998 CHCI Congressional Intern and current communications director for the Congressional Hispanic Caucus. “CHCI’s summer program has proven to be successful in getting more Latinos on the Hill, and expanding those opportunities year-round will only help that success grow exponentially.”
Wednesday, February 18, 2009
Internships with Disney
If you're a college student you're probably worried about two things right now. The first being how long until summer vacation and the second being how to get an internship.
Disney is offering students a chance to get away and enjoy their summer vacation while completing a paid internship. Disneyland and Disneyworld are both offering internships to those who want to move to a tropical location and those who want to learn about the entertainment world.
"When they think of us, most people think of Mickey Mouse and theme parks," Margo Haines, Disney college recruiter, said in an article with The Spectrum. "We're so much more diverse than that. One thing you probably didn't know was that Disney makes wedding dresses. That one always gets me."
Students accepted for internships will study at the company's Florida or California locations, and each student will have a chance to live, learn and earn money through the company. Interns will work between 28 and 32 hours per week and will earn between $8.68 and $11.50 per hour. Interns will live in provided, furnished one to four-person apartments that cost $75 to $159 per week. Applications are available at the Disney College Program Web site.
"The classes at Disney are deemed worthy of credit by the American Counsel on Education," Haines added. "This means that the classes you take at Disney will be of the same rigor of the classes you would take here at the university."
Some classes include Marketing You, which teaches useful career tips like resume writing and networking; Professional Development Study, which teaches students about onstage and off-stage opportunities and The Leadership Speaking Series, which is an opportunity to hear from eight vice presidents in eight weeks. The classes are not required but are useful to gain credit hours.
After completing the program, Disney interns are eligible for another position with Disney, either with the Disney College Program or a Disney Professional Internship, which will focus on a direction closer to their major.
Disney is offering students a chance to get away and enjoy their summer vacation while completing a paid internship. Disneyland and Disneyworld are both offering internships to those who want to move to a tropical location and those who want to learn about the entertainment world.
"When they think of us, most people think of Mickey Mouse and theme parks," Margo Haines, Disney college recruiter, said in an article with The Spectrum. "We're so much more diverse than that. One thing you probably didn't know was that Disney makes wedding dresses. That one always gets me."
Students accepted for internships will study at the company's Florida or California locations, and each student will have a chance to live, learn and earn money through the company. Interns will work between 28 and 32 hours per week and will earn between $8.68 and $11.50 per hour. Interns will live in provided, furnished one to four-person apartments that cost $75 to $159 per week. Applications are available at the Disney College Program Web site.
"The classes at Disney are deemed worthy of credit by the American Counsel on Education," Haines added. "This means that the classes you take at Disney will be of the same rigor of the classes you would take here at the university."
Some classes include Marketing You, which teaches useful career tips like resume writing and networking; Professional Development Study, which teaches students about onstage and off-stage opportunities and The Leadership Speaking Series, which is an opportunity to hear from eight vice presidents in eight weeks. The classes are not required but are useful to gain credit hours.
After completing the program, Disney interns are eligible for another position with Disney, either with the Disney College Program or a Disney Professional Internship, which will focus on a direction closer to their major.
Monday, February 16, 2009
Virtual Resume Tool to Students Who Are Job Hunting
Rasmussen College of Minnesota has begun offering a virtual resume and online career preparation tool for students to use as they prepare for the job market.
Optimal Resume is an online service for students to produce and manage resumes, cover letters, and other career-specific material. Students who use Optimal Resume through Rasmussen College will receive interview training, self assessments, and have the ability to create virtual video resumes. In addition, students will be able to use a career exploration component that utilizes the U.S. Department of Labor career database known as O*Net.
"In this job market, people need to do everything they can to be competitive," National Director of Career Services Tami Hanson said. "The first step is getting your degree. The next step is employing the tools that Rasmussen College provides you with, including this virtual resume tool."
Students who use Optimal Resume can also build their own websites.
"Technology is changing the way we do everything, including looking for jobs," Hanson said. "Now, students can direct potential employers to their website, their online portfolios, their video cover letters, and more.”
Optimal Resume is an online service for students to produce and manage resumes, cover letters, and other career-specific material. Students who use Optimal Resume through Rasmussen College will receive interview training, self assessments, and have the ability to create virtual video resumes. In addition, students will be able to use a career exploration component that utilizes the U.S. Department of Labor career database known as O*Net.
"In this job market, people need to do everything they can to be competitive," National Director of Career Services Tami Hanson said. "The first step is getting your degree. The next step is employing the tools that Rasmussen College provides you with, including this virtual resume tool."
Students who use Optimal Resume can also build their own websites.
"Technology is changing the way we do everything, including looking for jobs," Hanson said. "Now, students can direct potential employers to their website, their online portfolios, their video cover letters, and more.”
Tuesday, February 10, 2009
Top 25 Companies Hiring for Entry Level Jobs
Although many college students and recent graduates are fearing the months ahead because of the poor economy, some companies are planning to hire for entry level jobs.
The Black Collegian recently released an employment research and hiring survey naming the top 100 entry level employers this year, according to an article by MSNBC.
The top 25 employers hiring for entry level positions are:
The top majors these companies are recruiting are: accounting, engineering, business, computer science, marketing, IS/IT and finance.
"For those holding college degrees, the impact of the economic downturn and recent layoffs will be partially alleviated by a continuing demand for entry-level candidates to replace retiring baby boomers," Dr. Philip Gardner, director of the Collegiate Employment Research Institute at Michigan State University, said in the article.
"Although some employers may have curtailed their on-campus recruiting activity or re-adjusted their entry-level hiring projections for the early part of this year, others are still planning to recruit, many through expanded online means," Gardner added.
The Black Collegian conducts a yearly survey to determine the most active recruiters for entry level jobs. Employers were asked to submit the number of projected hires from on-campus recruiting, the number of campuses they recruit on and the top majors they recruit for.
The Black Collegian recently released an employment research and hiring survey naming the top 100 entry level employers this year, according to an article by MSNBC.
The top 25 employers hiring for entry level positions are:
- Enterprise Rent-A-Car hiring 8,000 workers
- Walgreens hiring 4,500 workers
- Deloitte hiring 3,051 workers
- PricewaterhouseCoopers hiring 2,972 workers
- Ernst & Young, LLP hiring 2,450 workers
- KPMG LLP hiring 2,400 workers
- Lockheed Martin hiring 2,284 workers
- Kaiser Permanente hiring 1,750 workers
- City Year hiring 1,600 workers
- Northrop Grumman hiring 1,600 workers
- Target Corporation hiring 1,430 workers
- GE hiring 1,350 workers
- Wal-Mart Stores, Inc. hiring 1,340 workers
- Gwinnett County Public Schools - Metro Atlanta hiring 1,300 workers
- Microsoft Corporation hiring 1,250 workers
- Raytheon Company hiring 1,100 workers
- State Farm hiring 1,100 workers
- Federal Bureau of Investigation hiring 1,000 workers
- IBM hiring 1,000 workers
- U.S. Department of State hiring 1,000 workers
- Liberty Mutual hiring 940 workers
- Procter & Gamble hiring 800 workers
- Schlumberger hiring 800 workers
- The Sherwin-Williams Company hiring 800 workers
- Grant Thornton LLP hiring 750 workers
The top majors these companies are recruiting are: accounting, engineering, business, computer science, marketing, IS/IT and finance.
"For those holding college degrees, the impact of the economic downturn and recent layoffs will be partially alleviated by a continuing demand for entry-level candidates to replace retiring baby boomers," Dr. Philip Gardner, director of the Collegiate Employment Research Institute at Michigan State University, said in the article.
"Although some employers may have curtailed their on-campus recruiting activity or re-adjusted their entry-level hiring projections for the early part of this year, others are still planning to recruit, many through expanded online means," Gardner added.
The Black Collegian conducts a yearly survey to determine the most active recruiters for entry level jobs. Employers were asked to submit the number of projected hires from on-campus recruiting, the number of campuses they recruit on and the top majors they recruit for.
Thursday, February 5, 2009
Internship Seekers Get Help at NYU
Students at one popular university are making it easier for other students to get paid internships.
New York University's class of 2009 is planning to team up with the Wasserman Center for Career Development to create an internship stipend fund for future interns. This would help students who receive unpaid internships get paid for their efforts, according to an article by NYU Local.
Dubbed NYU 09's Senior Legacy, the project is hoping to collect $25,000 by the end of the year, which would amount to a donation of $5 from each member of the current class. The class also already has one offer to match the initial $25,000 goal, meaning a total of $50,000 could be up for grabs for future interns.
Fundraising for the project is slated to being February 10 at the 100 Nights Before Commencement event. Once the stipend is in place, it's most likely competing interns will have to match certain stipulations to receive a stipend, such as financial need, academic factors, essay or GPA requirements.
The system should help many students choose between the often-required task of getting an internship, or the daunting task of finding a part-time or summer jobs, which is usually done because of financial needs. If the idea catches on, who knows, other colleges and universities may soon begin following in NYU's footsteps.
New York University's class of 2009 is planning to team up with the Wasserman Center for Career Development to create an internship stipend fund for future interns. This would help students who receive unpaid internships get paid for their efforts, according to an article by NYU Local.
Dubbed NYU 09's Senior Legacy, the project is hoping to collect $25,000 by the end of the year, which would amount to a donation of $5 from each member of the current class. The class also already has one offer to match the initial $25,000 goal, meaning a total of $50,000 could be up for grabs for future interns.
Fundraising for the project is slated to being February 10 at the 100 Nights Before Commencement event. Once the stipend is in place, it's most likely competing interns will have to match certain stipulations to receive a stipend, such as financial need, academic factors, essay or GPA requirements.
The system should help many students choose between the often-required task of getting an internship, or the daunting task of finding a part-time or summer jobs, which is usually done because of financial needs. If the idea catches on, who knows, other colleges and universities may soon begin following in NYU's footsteps.
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