{"id":655,"date":"2008-09-18T14:48:37","date_gmt":"2008-09-18T20:48:37","guid":{"rendered":"https:\/\/www.mbamission.com\/blog\/2008\/09\/18\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/"},"modified":"2010-10-07T08:10:23","modified_gmt":"2010-10-07T14:10:23","slug":"wall-street-meltdown-what-does-it-mean-for-b-school-recruiting","status":"publish","type":"post","link":"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/","title":{"rendered":"Wall Street Meltdown: What does it Mean for B-School Recruiting?"},"content":{"rendered":"<p>With the recent collapse of Lehman Brothers, the sale of Merrill Lynch and the resulting turmoil on Wall Street, business school students and applicants alike are concerned about what impact these events will have on their career prospects. It is clear that Wall Street jobs will be few and far between in the short term, though the long-term impact of the challenges facing the banking sector is still uncertain. Applicants interested in finance careers should consider broadening their job search to include corporate finance positions or boutique investment firms and expand their search to areas outside New York City.\u00a0\u00a0\u00a0<\/p>\n<p>In a recent <em>Businessweek<\/em> article, \u201c<a target=\"_blank\" href=\"http:\/\/www.businessweek.com\/bschools\/content\/sep2008\/bs20080916_508740.htm?campaign_id=rss_daily\">B-Schools Wary on Lehman, Merrill Impact<\/a>,\u201d Kip Harrell, Board President of the MBA Career Services Council, said that career services offices are preparing for tough times. Some schools,\u00a0such as\u00a0Wharton, are choosing to hire more career services staff to help students with their job search. Business schools are certainly aware of the challenges students will face in applying for finance positions, and many are taking steps to help their students weather the storm.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the recent collapse of Lehman Brothers, the sale of Merrill Lynch and the resulting turmoil on Wall Street, business school students and applicants alike are concerned about what impact these events will have on their career prospects. It is clear that Wall Street jobs will be few and far between in the short term, &hellip; <a class=\"read-more\" href=\"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/\">Read&nbsp;More&nbsp;&nbsp;<i class=\"fal fa-sm fa-angle-right\"><\/i><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-655","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wall Street Meltdown: What does it Mean for B-School Recruiting?  | mbaMission - MBA Admissions Consulting<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wall Street Meltdown: What does it Mean for B-School Recruiting?  | mbaMission - MBA Admissions Consulting\" \/>\n<meta property=\"og:description\" content=\"With the recent collapse of Lehman Brothers, the sale of Merrill Lynch and the resulting turmoil on Wall Street, business school students and applicants alike are concerned about what impact these events will have on their career prospects. It is clear that Wall Street jobs will be few and far between in the short term, &hellip; Read&nbsp;More&nbsp;&nbsp;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/\" \/>\n<meta property=\"og:site_name\" content=\"mbaMission - MBA Admissions Consulting\" \/>\n<meta property=\"article:published_time\" content=\"2008-09-18T20:48:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2010-10-07T14:10:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mbamission.com\/blog\/wp-content\/uploads\/2026\/03\/mbam-yoast-fallback-image.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jeremy Shinewald\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jeremy Shinewald\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Wall Street Meltdown: What does it Mean for B-School Recruiting?  | mbaMission - MBA Admissions Consulting","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/","og_locale":"en_US","og_type":"article","og_title":"Wall Street Meltdown: What does it Mean for B-School Recruiting?  | mbaMission - MBA Admissions Consulting","og_description":"With the recent collapse of Lehman Brothers, the sale of Merrill Lynch and the resulting turmoil on Wall Street, business school students and applicants alike are concerned about what impact these events will have on their career prospects. It is clear that Wall Street jobs will be few and far between in the short term, &hellip; Read&nbsp;More&nbsp;&nbsp;","og_url":"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/","og_site_name":"mbaMission - MBA Admissions Consulting","article_published_time":"2008-09-18T20:48:37+00:00","article_modified_time":"2010-10-07T14:10:23+00:00","og_image":[{"width":1200,"height":675,"url":"https:\/\/www.mbamission.com\/blog\/wp-content\/uploads\/2026\/03\/mbam-yoast-fallback-image.png","type":"image\/png"}],"author":"Jeremy Shinewald","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jeremy Shinewald","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","BlogPosting"],"@id":"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/#article","isPartOf":{"@id":"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/"},"author":{"name":"Jeremy Shinewald","@id":"https:\/\/www.mbamission.com\/blog\/#\/schema\/person\/74216774a1761e746e2426c9c8171f5f"},"headline":"Wall Street Meltdown: What does it Mean for B-School Recruiting?","datePublished":"2008-09-18T20:48:37+00:00","dateModified":"2010-10-07T14:10:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/"},"wordCount":188,"commentCount":0,"publisher":{"@id":"https:\/\/www.mbamission.com\/blog\/#organization"},"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/","url":"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/","name":"Wall Street Meltdown: What does it Mean for B-School Recruiting? | mbaMission - MBA Admissions Consulting","isPartOf":{"@id":"https:\/\/www.mbamission.com\/blog\/#website"},"datePublished":"2008-09-18T20:48:37+00:00","dateModified":"2010-10-07T14:10:23+00:00","breadcrumb":{"@id":"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.mbamission.com\/blog\/wall-street-meltdown-what-does-it-mean-for-b-school-recruiting\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.mbamission.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Wall Street Meltdown: What does it Mean for B-School Recruiting?"}]},{"@type":"WebSite","@id":"https:\/\/www.mbamission.com\/blog\/#website","url":"https:\/\/www.mbamission.com\/blog\/","name":"mbaMission - MBA Admissions Consulting","description":"World&#039;s Leading MBA Admissions Consulting Firm","publisher":{"@id":"https:\/\/www.mbamission.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mbamission.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.mbamission.com\/blog\/#organization","name":"mbaMission","url":"https:\/\/www.mbamission.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mbamission.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.mbamission.com\/blog\/wp-content\/uploads\/2026\/03\/mbam-yoast-organization-logo.png","contentUrl":"https:\/\/www.mbamission.com\/blog\/wp-content\/uploads\/2026\/03\/mbam-yoast-organization-logo.png","width":696,"height":696,"caption":"mbaMission"},"image":{"@id":"https:\/\/www.mbamission.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.mbamission.com\/blog\/#\/schema\/person\/74216774a1761e746e2426c9c8171f5f","name":"Jeremy Shinewald","description":"In addition to being Founder and President of mbaMission, Jeremy Shinewald is a Darden MBA, published author, and the recipient of Poets&amp;Quants\u2019 Lifetime Achievement Award in MBA Admissions Consulting. With more than 20 years of experience and a background as a professional speechwriter, he combines deep industry insight and exceptional storytelling skills to help applicants create powerful, distinctive MBA applications.","sameAs":["https:\/\/www.mbamission.com\/who-we-are\/team\/jeremy-shinewald\/","https:\/\/www.linkedin.com\/in\/jeremyshinewald\/"],"url":"https:\/\/www.mbamission.com\/blog\/author\/jeremy\/"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.mbamission.com\/blog\/wp-json\/wp\/v2\/posts\/655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mbamission.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mbamission.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mbamission.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mbamission.com\/blog\/wp-json\/wp\/v2\/comments?post=655"}],"version-history":[{"count":0,"href":"https:\/\/www.mbamission.com\/blog\/wp-json\/wp\/v2\/posts\/655\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.mbamission.com\/blog\/wp-json\/wp\/v2\/media?parent=655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mbamission.com\/blog\/wp-json\/wp\/v2\/categories?post=655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mbamission.com\/blog\/wp-json\/wp\/v2\/tags?post=655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}