Spring into Jobs: April 2023 Market Update
SPRING 2023 HIRING AND JOBS UPDATE
We are entering a busier season for jobs: the peak season for the just-in-time hiring market. Companies who slowed their hiring process in the winter must now speed up hiring or lose candidates.
Hiring is holding steady despite market uncertainty, and we are hearing from employers almost daily who are eager to fill their new opportunities. Especially in a challenging economic climate, companies need exceptional candidates who can lead transformation and drive growth, and MIT Sloan candidates are prepared to do so.
WHO IS HIRING IN THE SPRING JOB MARKET?
Unlike the fall season, dominated by volume hiring for generalist roles, the spring market is filled with more specialized opportunities, perfect for someone seeking a more specific or more unique role. This spring, hiring companies will include:
All types of companies who need to make a hire within the next few months
Large companies hiring for individual roles
Smaller-to-mid-sized companies hiring for a few roles
Startups and VC/PE portfolio companies making summer intern hires
WHERE SHOULD I LOOK FOR JOBS?
The CDO’s business development team is talking with companies daily, and we are adding new jobs every week.
CAREER CENTRAL is your key resource for these jobs; check often or set up your communication preferences so you see new jobs. TOP TIPS: 1) Set up *Search Agents* in Career Central so relevant postings are emailed to you and 2) Apply quickly! Some of these jobs are being filled very fast.
HANDSHAKE (MIT CAPD) – See opportunities posted for all MIT students (bachelor’s, master’s and PhD candidates) by MIT Career Advising and Professional Development Office).
MBA EXCHANGE ‘PREMIUM ACCESS’ JOB BOARD – Premium access to postings for business school students and alumni, with global coverage. Begin your search by selecting a country/state; you can finetune results by selecting job function, keywords, or internship.
ORBIT – One-stop-shop for MIT entrepreneurs, with information on startups, founders, investors, jobs, guides, deals, the MIT entrepreneurship opportunity. In the spring, MIT-affiliated startups post both paid and unpaid startup opportunities on the Orbit job board.
FINANCE Specialty Job Sites
- eFinancialCareers – US and international job postings in finance.
- peHUB MBAForum – Interactive forum for the private equity community with full-time and summer job postings. There is no fee to register.
- Glocap Search – Free to register, must register to apply for jobs.
STARTUP Specialty Job Sites
- Orbit – One-stop-shop for MIT entrepreneurs
- wellfound (formerly Angel Talent List) – AngelList of Startup internship opportunities.
TOUGH TECH Job Sites
- The Engine – Built by MIT, with jobs at the company and their portfolio companies
REMOTE WORK Job Sites
- We Work Remotely – Categories: Business & Management, Sales & Marketing, Finance
- Jobspresso – Browse: Marketing and Product Management, Sales & Business Development, Project Management
AFFINITY Job Sites
Jobs in Your Network
- Don’t forget LinkedIn to review leads from your network.
WHO’S HIRING RIGHT NOW?
Outside the MIT Sloan ecosystem, we’d like to highlight a few resources you might find useful if you are tracking who’s hiring.
WHERE CAN I FIND OUT ABOUT COMPANY LAYOFFS?
This year’s layoffs come on the heels of some of the highest hiring levels we’ve seen; reflecting adjustments to changes in consumer demand and a return to more normal business operations.
As Professor Lo and Professor Rigobon shared in their session earlier this year, the fundamentals of the economy are strong. While layoffs have an impact and may signal slower hiring at particular companies, there are still many opportunities. It’s good to be aware of companies and business units that are laying off.
For those tracking layoffs as they manage their job search this spring, you may find this resource helpful: https://layoffs.fyi/
ACTIVITIES TO SUPPORT YOUR SPRING SEARCH
This spring you’ll see a number of activities to support your job search, so we hope you’ll sign up and attend career events, job fairs, and networking events at MIT Sloan and across MIT. Be sure to take advantage of this particularly busy season of activities!
ACCEPTING AN OFFER?
We are seeing a trend that suggests candidates who have received offers are accepting them earlier. Be sure to connect with your career advisors to discuss your job offers. Also, keep your Employment Survey up-to-date and stay in touch – it helps us respond to the real-time needs of your class as the semester progresses.