<p>As far as my personal experience goes, it is really, really hard to generalize or even point out a certain trend at UCLA after graduation.</p>
<p>When the job prospect for UCLA graduate comes into the discussion, the all-too-familiar “Sink or Swim” mentality is the key mantra.</p>
<p>First of all, it is not fair or beneficial to talk about the job prospects for UCLA grads, along with grads from any other school, this year compared to the job prospects last year or before that. We are in some very unique economic climate, and from what I hear, there are many, many people (including those Ivy grads with near perfect GPA) struggling to find a job in today’s economy. I hate to demoralize anyone reading this post, but the job market scene is truly ugly and downright horrendous.</p>
<p>The housing market (new construction, sales, etc) has just turned the corner, which means that the economy will probably rebound in a couple quarters. But before companies start to hire at the same level as the pre-crisis era, it will take at least a couple more strong economic quarters, which all basically means that the job market will finally come around at a healthy level sometime in early 2012.</p>
<p>Going back to the original topic (I tend to digress, BTW), UCLA Career Center is in steep decline for sure. I have been following with UCLA Career Center and it is in complete mess, lacking coherent teamwork, strategic plans, fundings, and future plan, among other things.</p>
<p>Yet, on a positive side, UCLA students, for the most part (I am not really sure about the exact figure, but I once read that over 60% of UCLA grads receive job offers outside UCLA oncampus recruiting), have traditionally relied on outside job market opportunities, which should send a mixed signal to public that 1) UCLA Career Center sucks and 2) The reputation of UCLA grads still compensates for the lack of career center service enough.</p>
<p>As for me, I landed four oncampus interviews with mediocre GPA as a biz econ major back in 2001. With the exception of one company, all three companies were major financial companies and management consulting firms. I failed to snatch any job offer from them, even though I went to final round interview with all three.</p>
<p>Fortunately, I received a job offer through JOBTRAK as a financial analyst for the top specialty consulting firm. The pay was much higher than what I would have received from the oncampus opportunities, for your information. The starting salary was in line with some of the major investment banking jobs, although my end of year bonus was lower than IB. But the hours were a thing of beauty. No weekends, and I can take one day a week to work at home!</p>
<p>So the question is, did I get this great job because of the perceived prestige factor of UCLA or because of the tremendous legwork and preparation (I probably sent my resumes to 50+ companies and personally wrote each coverletter to major companies) I did in prior to job interviews?</p>
<p>It was more of the latter for sure, even though I must admit that I did receive huge benefits of doubt because of my UCLA diploma.</p>
<p>ps. BTW, I will try to write a piece on Biz Econ Job Prospect Preparation sometime soon. I have been lazy for the past couple weeks, and I will make sure to free enough time to write the piece to help fellow bruins.</p>