The Class of 2010 is finishing up the first of four terms; that means completing projects and studying for final exams. Unfortunately this term has one extra piece of pressure ... the stock-market collapse. On the minds of many a first year MBA student is whether the economy will be in good enough shape to be able to get an internship for the summer of 2009 and ultimately a job come graduation in December of that same year.
This pressure is greater for those MBA students that are graduating this December. FYI; the Mays MBA Program at Texas A&M University is a 16 month accelerated program starting in mid August and finishing mid December the following year. Many of the second year students are discussing staying an extra semester if they cannot land a job offer by the end of November.
Let's hope the economy turns around and the upcoming election puts some confidence in the market.