The WSJ reports that students interest in finance-related jobs are down, boutique and mid-sized firms are being encouraged to step up recruitment and that alumni are tapping into the B-School networks to navigate the uncertain job market.
This is obviously pretty far down the list of priorities amidst the current market turmoil but is certainly of interest to me.
Bear Sterns, Lehman and Merrill represent three prime top-tier MBA hirers and with noted commentators doubting the future of the stand-alone Investment Bank model, I wonder what type or organization will step in to fill the recruitment gap. (I am choosing to be optimistic assuming the void will be filled).