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This morning the New York Times wrote a piece that is bound to encourage aspiring MBAs and MBAs alike, declaring that the MBA job market has stabilized. The times profiled students at Darden, Duke and UNC, describing their struggles in finding jobs and some of the harassment that they have experienced, working in the tarnished banking field. While Darden did not offer a base from which these statistics can be judged, the school told the New York Times that they have seen a 20% increase in banks interviewing on campus this year and a 33% rise in job offers. UNC reported that offers are up by 67%, but again 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 students will continue.
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