Despite the view that the U.S. economy is sluggish and it's hard for new college graduates to get a job, financial services firms are hiring. In fact, top Wall Street companies are reaching out to the elite colleges in a huge way to bring in the best and brightest graduates whom they can groom to fit their cultures.
Campus recruiting at the top universities in computer science, engineering, and other technology-related majors has become increasingly important for building a leading-edge capital markets firm, technology executives say. With the rise of social media, mobile apps, and other innovative technologies, firms are looking to the colleges as a rich source of young IT talent.
Finding good IT talent is difficult, however. "It's not an exact science, and it's very competitive," says William Murphy, chief technology officer of Blackstone Group, an investment and advisory firm. "We're trying to compete for the folks who are going to dot-coms and Google and Facebook and the tech start-ups."
From Wall Street & Technology
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