I graduated during the last global recession. It was a real struggle, but I learned and hustled my way to a rewarding, and satisfying career in Data Science. I went from being rejected hundreds of times after graduation to working in the world’s most admired companies over the course of ten years.
I want to share my knowledge and experience with recent grads in today’s economy. Here is a summary
“I think everyone should experience defeat at least once during their career. You learn a lot from it.” — Lou Holtz
In 2008 I was a junior at UCLA studying mathematics & economics. I had a Money and Banking course that started at 10 am. This class was a series of courses I took to prepare to work in the banking sector or management consulting. The senior class was being heavily recruited on-campus by the top investment banking and consulting companies that year. Then the 2008 Financial Crisis started ravaging the economy, and on-campus recruiting from banks and other significant corporations stopped. Our professor in the Money and Banking course came in looking pale, he left the class after experiencing a nose bleed, then came back and told us the economy was about to get annihilated. He then went into how this would happen with mathematical (calculus) precision to a stunned classroom of a couple hundred students.
I had studied macroeconomics and labor economics, and I knew what was coming was going to be devastating.
I knew from economic studies that people who graduate during economic recessions earn less for the next 10–15 years. This was not a drill, this was real life. Gone where the once bountiful internships available for economics majors. I could see opportunities dwindling, so I took massive action, and so can you.
“Express enthusiasm about your material, but only if your enthusiasm is real.” -Edward Tufte
You are going to need a killer resume during these times. You may feel challenged to create a resume if you have limited work experience. I’ve been there, and here is what I did to strengthen my resume early on in my career.
Bad: Administrative duties for the yearbook committee in my high school.
Good: Created first digital yearbook in the school’s history, teaching myself photoshop in the process.
Better: Increased yearbook sales by 15% by leading development of the school yearbook and proactively teaching myself photoshop in two weeks.
Bad: Designed and created a website for a client.
Good: Used Wordpress to create a website for a car dealership and learned basic Search Engine Optimization.
Better: Generated 10% more leads for a car dealership by building a customized website on Wordpress that used Search Engine Optimization.
The experiences above may be the same, but in the first examples, an employer can glean very little about the impact you had compared to the improved cases. Here is an excellent book on this topic: Knock Em’ Dead Resumes. You’ll want to read many job descriptions and keep track of the keywords used and the skills required, tweak your wording accordingly and gain in-demand skills to add to your resume. I prioritized computer programming early on and it helped my double my salary in about 4 years. What in demand skill can you learn to help you differentiate yourself?
#interview #jobs #careers #communication #professional-development