So Many Recruiters, So Few MBAs
With nearly 1,200 recruiting organizations and only 700 students at the Stanford Graduate School of Business, such a supply-demand imbalance is bound to produce some disappointments and unsatisfactory experiences. ("Stanford high-hats its way onto a blacklist," Management, Aug. 21-28) But your readers should know that the administration is definitely not "nonchalant," as you describe.
Building and sustaining strong recruiter relationships is a top priority here. Our students are an exceptional worldwide group of diverse men and women who are fortunate to be studying and graduating in a geographic location that is at the center of very exciting economic activity--and all of this contributes to a challenging recruiting environment for everyone.
Robert L. Joss
Graduate School of Business
Three cheers for Dell Computer, Intel, Amgen, and Toys `R' Us. Stanford is producing a generation of mbas who operate under the mistaken belief that the road to quick success is lined with six-figure salaries and bundles of stock options. They should not forget that many of these dot-com wonders will not exist in the next few years, and they will be out there hitting the pavement looking for employment with the very same companies they snubbed. In addition, they do a great disservice to the lofty reputation of their alma mater.
As a recent Columbia University mba graduate, I have seen all too many fellow students operate under similar misguided beliefs. Dean Joss's statement that in the future he may limit admission to "emotionally mature" students is worth its weight in gold!
If companies looked at admission numbers, they'd see the gap between students from the top 40 B-schools is surprisingly narrow. And yet these companies continue to waste their resources on schools like Stanford, whereas an up-and-coming program like my alma mater, Arizona State, has students who would gladly attend the company presentations, fill up interview schedules, and not expect six-figure salaries until they proved themselves on the job.
I can't recall a retail company that recruited when I was there (1996-98). And yet the companies that do come (including Dell and Intel) are richly rewarded with hardworking, bright, and well-schooled students.
Huntington Beach, Calif.Return to top
Cracking Down on Crime: The Numbers Don't Lie
Two letters from readers took exception to "Tough justice is saving our inner cities" (Economic Viewpoint, July 17) by claiming that police are merely cracking down on harmless drug users. This couldn't be further from the truth.
The crimes the police are diligently reducing are shown in the Justice Dept. document NCJ175687, Table 16. For year-end 1997 (the latest compilation available) the table lists 1,100,500 persons sentenced for all crimes and 227,400, or 21%, of these for drug offenses. Regarding blacks, the table lists 511,700 blacks sentenced in state courts for all crimes and only 127,700, or 25%, of these for drug offenses.
"Violent offenses" such as murder, manslaughter, rape, robbery, and assault accounted for 47% of all those sentenced and 48% of blacks. These are hardly the "nonviolent drug offenses" these letter writers would have us believe the police are focusing upon.
The police risk their lives daily confronting very violent felons, not spaced-out drug users, and to hamper their efforts even by mouthing untruths is to help sentence the decent inhabitants of the inner city to an existence most of us encounter only in futuristic horror films.
Gladwin, Mich.Return to top