Job market news looks positive in all regions for Class of 2012 graduates, according to a new survey conducted by the National Association of Colleges and Employers (NACE). This year, employers who took part in NACE's Job Outlook 2012 survey plan to hire 9.5 percent more new graduates in 2011-12 than they did in 2010-11.
This good news came just in time as the Center for Career and Professional Development (CCPD) hosted its annual Spring Career Fair last month on campus. More than 2,000 Rensselaer undergraduate and graduate students and recent alumni attended the event, which provided them with an opportunity to meet and talk with more than 370 representatives from more than 150 public and private-sector employers. In its 11th year, the annual fair is designed to help students think ahead to potential full-time, co-op, internship, or summer employment opportunities.
“The mission of the CCPD is to be a catalyst in the development of Rensselaer students to become world leaders in a technologically based global economy,” said CCPD Acting Director Colleen O'Byrne. “Beyond planning the annual career fair, our goals are to provide programs and services to assist students in discovering and clarifying career choices, and to teach them to manage their careers effectively. We are also committed to cultivating and advancing partnerships with students, faculty, staff, alumni, and employers to carry out our mission.”
Nearly 70 percent of the employers participating in the fair hail from New York state and the Northeast, including several Capital Region-based companies. More than 40 employers are new to recruiting at Rensselaer. Several not-for-profit organizations, including the Peace Corps and Teach for America, took part in the fair, along with local organizations including the United Way and the American Cancer Society.
This year, to further help students plan and prepare for their first encounter with participating companies, the CCPD set up a “Pitching Corner” in collaboration with the Archer Center for Student Leadership Development.
NACE noted that their first issue of Salary Survey for 2012 begins on a positive note. The overall average salary for Class of 2011 graduates is up to $41,701, which is 2.3 percent higher than the Class of 2010 average of $40,766. For Rensselaer Class of 2011 graduates, the overall average salary was $59,636.
Last year, graduates were still getting good jobs within the Capital Region, across the nation, and abroad. Top employers of Rensselaer graduates include: United Technologies Corporation, Schlumberger, GE, Boeing, Booz Allen Hamilton, Bank of America, Cisco Systems, Procter & Gamble, GlobalFoundries, RBC Bearings, FactSet Research Systems, ZS Associates, and General Dynamics.
In addition to the Center for Career and Professional Development, other Rensselaer groups that helped to support the event include the Division of Student Life, several academic departments and administrators, student athletes, ROTC students, and Rensselaer Union student clubs.