What We’ll Cover  Job Market for New College Graduates  Who’s in Demand?  Preferred Methods of Hiring

The job market for new college graduates Hiring Projections by Sector Overall, employers plan to increase hiring of new college graduates by 14.5 percent this year By Sector:  Manufacturers plan to increase by 8.2%  Service employers plan to increase by 21.6%  Govt/Nonprofit plan to increase 3.2%

Hiring Expectations From to Services More Fewer Same 71.3% 14.7% 14% Manufacturing 63.7% 22% 14.3% Gov./Non-Profit 43.8% 25% 31.2% _____________________________________ Total/Overall 66.5% 18.2% 15.3%

Projected Increases in Hiring Projections By Region Northeast-25.8% increase South-17.6% increase Midwest-0.8% increase West-15.8% increase

Hiring Expectations by Regions RegionMore FewerSame ◊Northeast66.7%17.6%15.7% ◊South77.5%15.0%7.5% ◊Midwest60.3%15.9%23.8% ◊West54.8%28.6%16.7%

Hiring Expectations by Employer Type Employer Type Actual Hires Projected Hires % Change ● Building Materials % ●Transportation % ●Chemical/Applied Products % ●Petroleum/Applied Products % ●Computer Software Dev % ●Financial Services % ●Merchandising Retail/Whsa % ●Engineering/Surveying % ●Accounting-Public % ●Food/Beverage Processing % ●Research Organizations % ●Communication Services % ●Mechanical Equipment %

Projected Campus Visits by Sector Industry04-05 Actual Visits Projected Visits % Change ►Service % Avg.18 (campus visits per. yr.) 19 ►Manufacturing % Avg.1820 ►Govt./Non-Profit % Avg.2221 ▲ TOTAL % Avg.1819

Employers Expectations for Fall Hires vs and Salary Expectations ►More Hires35.8% ►Same # of Hires33.5% ►Unsure27.4% ►Fewer Hires 3.3% _________________________________________ ▲Same Salaries49.8% ▲Higher Salaries46.9% ▲Lower Salaries 0.0% ▲Other 3.3%

The job market for new college graduates Employer intentions for on-campus recruiting during Spring 2005

The job market for new college graduates Hiring Projections by Region-Projected College Hires +13.3% +15.1% +8.9% +13.9% Northeast Midwest Southern Western

The job market for new college graduates Northeast: Spring recruiting plans: 76% plan to recruit on campus. Targeting business administration, electrical engineering, mechanical engineering, accounting, and computer science majors Midwest: Spring recruiting plans: 70% plan to recruit on campus. Targeting accounting, economics/finance, business administration, mechanical engineering, and computer science majors South: Spring recruiting plans: More than 73% plan to recruit on campus. Targeting business administration, accounting, mechanical engineering, economics/finance, and electrical engineering majors West: Spring recruiting plans: More than 80% plan to recruit on campus. Targeting electrical engineering, computer science, business administration, computer engineering, and mechanical engineering majors.

Who’s In Demand? Top Degrees In Demand Bachelor’s Level Accounting Business Administration Electrical Engineering Economics/Finance Mechanical Engineering Computer Science Information Sciences Marketing Management Management Info Systems Computer engineering Master’s Level M.B.A.s Electrical Engineering Mechanical Engineering Computer Science Computer Engineering Doctoral Level Electrical Engineering Computer Engineering Chemistry Chemical Engineering Physics Mechanical Engineering

Who’s In Demand? Who’s Hiring? (Bachelor’s level) Major most interested % of employers respondents Accounting………………………..accounting services……………………………………… utilities………………………………...…………………… 80 financial services……….……………………..…………… 67 Business admin…………………...merchandisers……………………………………….……… 79 food/beverage process.mfg……………...………….…… financial services……………………………..….…….…… 58 Electrical Engineering…………….Electrical./electronic machinery &equip. mfg…………..…. 90 Utilities…………………………………………….…...… 80 Government (federal)…………………..………………....…70 Mechanical Engineering………….Utilities……………………………………………….…… 90 engineering/surveying………………………………….…. 64 *electrical/electronic machinery& equip. mfg……….…… 62 * Government (federal)……………………………….…… 62 Economic/Finance………………..Financial services……………………………….…….…… 75 Utilities…………………………………………….…… Merchandisers……………………………………………….63

Who’s In Demand? Associate Degree Candidates Overall Projections: 27.8% of employers plan to hire associate degree candidates this year (down from 33.3% last year) By Sector: *Government/Nonprofit Employers: 40.7% plan to hire associate degree candidates *Service employers: 27.6% plan to hire associate degree candidates *Manufacturing Employers: 26.8% plan to hire associate degree candidates Best Bets: Insurance companies Utilities companies Electrical & Electronic Machinery Manufacturers Salary Projections: Engineering Technology(includes civil, computer, electrical, mechanical engineering technology) Average salary expected: $39,417 % Increase over last year: 2.2% Business (Includes accounting, general business, marketing, and telecommunications) Average salary expected: $29,500 %increase over last year: 0.6%

Who’s In Demand? International Students Overall Projections: 23.7% of employers plan to hire international students for full-time permanent positions in the U.S. this year (down from 34.1% last year) By Sector: *Government/Nonprofit Employers: 7.4% plan to hire international candidates *Service employers: 28.9% plan to hire international candidates *Manufacturing Employers: 19.8% plan to hire international candidates Best Bets: Engineering/Surveying Firms Electrical & Electronic Machinery Manufacturers Computer Software Development & Data Processing Services Firms

Who’s In Demand? Employers rate the importance of candidate skills Communication Skills………………………………… 4.7 Honesty/Integrity ……………………………………. 4.7 Teamwork skills ……………………………………… 4.6 Interpersonal skills …………………………………… 4.5 Motivation/Initiative …………………………………. 4.5 Strong Work ethic ……………………………………. 4.5 Analytical skills ……………………………………… 4.4 Flexibility/Adaptability ………………………………. 4.3 Computer skills ………………………………………. 4.1 Organizational skills …………………………………. 4.1 Detail oriented ……………………………………… Leadership skills ……………………………………… 4.0 Self-confidence ………………………………………. 4.0 Friendly/Outgoing …………………………………… 3.9 Tactfulness …………………………………………… 3.8 Well mannered/Polite ……………………………… GPA (3.0 or better) ………………………………… Creativity …………………………………………… Entrepreneurial/Risk taker …………………………. 3.3 Sense of humor ………………………………………. 3.3 Top Qualities & Skills Employers Look for in New Graduates

Who’s In Demand? Top Skills Lacking In New Graduates Communication Skills Maturity/business etiquette Work Ethic

Who’s In Demand? Employers Give Advice to Students Research, research, research Be open-minded Gain relevant work experience

Preferred hiring methods Employers: Most Effective Recruiting Methods Organization’s internship program Organization’s co-op program On-campus recruiting Employee referrals Career/job fairs

Preferred hiring methods Benefits of Experiential Education Conversion Rates Interns: 31.9% Co-ops: 33.6% Percent of Respondents With Intern Programs: 79.8% Co-op Programs: 39.6% Percent of Hires With Internship Experience: 54.2% Co-op Experience: 25.2%

Maintaining a program For Employers: Strategies for gaining upper management support for your program Outline past successes Offer hard data Outline the consequences of eliminating your college program Focus on the future

Maintaining a program Benefits of Hiring New Graduates Benefits % of Respondents that identified this as a benefit Opportunity to mold future leaders of the organization 88 % New grads have cutting edge skills 51.9% Easier to identify a diverse applicant pool 35.4% Easier to fill positions because students are centrally located 21.2% New college grads will accept lower salaries than experienced college grads 21.2%

Maintaining a program Employers: Effectiveness of activities to maintain your image on campus Participate in campus career days/fairs, open houses, site tours ………………… 3.9 Provide info about your organization through company web site……………… Offer info sessions………………………………………………………………… 3.6 Visit with faculty for informal exchange of information…………………………. 3.4 Participate in programs for student clubs, fraternities, sororities ………………… 3.4 Offer experiential education programs…………………………………………… 3.3 Participate in conferences for career services officers and faculty ………………. 3.2 Sponsor hospitality-oriented events for students, organizations, faculty and career center staff…………………………………………………… Offer a speakers’ bureau, lecture series, and/or seminars, to student and/or faculty group………………………………………………………………. 3.2 Offer resume critiques…………………………………………………………… Participate in mock interviews……………………………………………………. 3.0 Provide scholarships and/or grants……………………………………………….. 3.0

Maintaining a program How Career Services can help employers Ask what you can do to help Provide info about opportunities available through your office as well as other campus departments and organizations Help employers get out the message out to all campus offices and students Let employers know where they will get the most “bang for the buck” on your campus