(PartiallyPolitics.com) – An increasing number of companies are foregoing the college requirement and are hiring an increasing number of people who do not have graduate degrees.
Northwestern University, Yale, and Columbia career officers and students have disclosed that a growing number of companies are not looking for second-year MBA job candidates on college campuses. The number of job offers is slowly being reduced while across the nation there are many job cuts in the tech sector.
In 2023, Meta (the parent company of Facebook and Instagram) cut 10,000 jobs globally while Amazon also laid off 9,000 workers.
Experts have argued that this shift away from those with graduate degrees could have further effects. University of Guelph in Ontario, Canada business professor Nita Chhinzer noted that this reduced demand for graduate degrees is unsurprising when one looks at the perceived difference in skills between someone who holds a bachelor’s and a graduate degree.
As Chhinzer revealed to Newsweek, employers perceive candidates with graduate degrees as having a specialized skill set, while undergraduate degree holders are seen as having “malleable” and broader skills. She added that graduates are generally selected based on academic skills, but often have missed the link between the things they are learning and how those things can be applied in practice.
Graduate students can often use internships and co-op programs in order to get those skills required by employees, but being proficient writers of academic papers is not always a skill that can be helpful in the workplace.
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