Thursday, March 06, 2008

A Note from San Francisco

eFinancialCareers says college recruiting trends indicate a healthy job market for financial professionals in San Francisco, at least for now. Although the story focuses on investment and securities professionals, it does contain this note:

Tech companies such as Google and Apple are continuing to hire people with financial backgrounds. However, these companies haven't been immune to the economic downturn. Shares of both, which were high-fliers last year, have slumped by more than 30 percent in 2008.

"Hiring from high-tech companies in the Bay Area remains strong," says Adam Zoia, managing partner at Glocap, a New York-based executive search firm whose clients include private equity funds, hedge funds and investment banks. "There is an ongoing shortage, particularly of accountants and other operational staff, and the market for A-caliber investment professional talent remains tight nation-wide, apart from in select areas which have been hard hit by the recent credit market turmoil."

San Francisco Remains Strong for MBAs [eFinancialCareers]

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