It's October, so I'm back on the college recruiting trail. This year, OpenBI's interviewing at two top Midwestern universities. I really love this part of my job, though it's pretty challenging, especially now with the down economy. Even in a recession, it's still important for services firms like OpenBI to anticipate demand 6 to 12 months out and make hiring plans accordingly. It takes at least that long to ramp up even a top college grad to the demands of technology consulting.
So far, sign-up for interviews with OpenBI by qualified quantitative/technical/business types has been gratifyingly through the roof, causing me no shortage of angst as I make decisions on whom to interview among equally qualified candidates. While I'd like to think this has all to to do with the cachet of OpenBI, in reality, the demand for new college grads is still soft. And the luster of financial engineering, over the last few years the field of choice for many top quants students, is now ebbing, a not surprising victim of the financial crisis. Indeed, this cycle reminds me a lot of 2000, when the high-flying technology consulting career choice crashed and burned, no doubt mirroring the same fate of the Internet boom. What's the next hot field, Health Care? Green? I'm not sure, but OpenBI's happy to be the beneficiary of this (hopefully) short term anomaly.
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