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August 26, 2014

Job Search 101, Part 1

by Bill Sherman

 

Job Search 101 is a two-part series by Director of Career and Advising Services Bill Sherman. The series touches on the advice and information Bill frequently shares with Econ majors as they begin their job searches. 
 
In this first installment, Bill discusses how to begin your job search, and both the reactive and proactive approach to finding your first job out of college. 
 

Part 1: Initiating Your Job Search

Getting Your Head in the Game

Finding a job, as you’ve come to realize by now, is not only hard, but it’s often very time-consuming, stressful, frustrating, and discouraging. It’s easy to throw up your hands and lose heart.  Don’t.  Take a walk around the block, have a bit to eat, find a comfortable spot to spread out with your tablet/laptop and determine to put in as much as four hours each day into the job search process. Treat it the same way you’d treat your future job and give it your full attention.

job_search_101

The reality is you will apply for many jobs and never hear back. It’s part of the game. The positive side is that by continually applying (and reapplying) with companies, (1) you’re getting your name out there; (2) your application material will soon become more refined; and (3) you’ll find that just the discipline of doing this will make you a sharper, more focused candidate who can better communicate your value with employers.

Career Planning Toolkit

An excellent booklet series is available that I helped shape and editing during my time at Lundquist Career Services, just a few years prior to moving into my present role in Economics Career & Advising Services. They cover everything from networking and job search techniques to resume/cover letter best practices and interview preparation. I strongly recommend you invest 30-60 minutes to read them all, and refer back to them when you need to.

Initiating The Job Search

In my experience, the graduates who get the best jobs in the shortest amount time are those who are both reactive and proactive in doing whatever it takes to get hired.

Reactive Strategy

Q. What does it mean to be “reactive” in my job search?

Being reactive implies that you are ready to respond at a moment’s notice to apply for a job when a new opportunity arises—whether it’s a classified ad in the newspaper, an online advertisement, a lead from your career advisor, or a casual mention from a family member or friend  who tells you, “XYZ Corp. is hiring.  You should check it out.”

Q.  How many jobs should I apply for a day?

When you discover a job prospect, the worst thing you can do is wait.  You need to react and do so within a 24-hour period.  It’s not unrealistic to expect that you’ll need to apply to as many as 3-5 jobs a DAY.  The key is to strike while the iron’s hot.

Q. So I just send the company my resume, right?

Not exactly. You should definitely have your resume ready to go, but truly competitive candidates know that they need to tailor their resume so that it speaks explicitly to the demands of the particular job they’re pursuing.  For example, you may need to revise your Objective, incorporate key words from the job description, add new bullets or remove others.  (BTW, If you haven’t had me review your resume, we need to talk.)

Q. Should I include a cover letter with every job I apply for?

When you apply, if you have a chance to write a short message to the employer, either in a cover letter or email, take it.  It’s important to make the job search personal, whenever you can.

Q. Ok, I’m ready to implement my “reactive strategy—what now?

A good reactive strategy requires you to be tuned in to the platforms where employers post positions, namely:

  • UO Student Connect. Formerly UO JobLink.
  • Indeed.com. A meta-search engine that captures all publicly posted jobs and internships, though it doesn’t “discover” search results for password protected sites, like UO Student Connect.
  • Simply Hired.com. Another meta-search engine, but this one has a gadget that links job postings to contacts in your LinkedIn network. So if one of your contacts works [or once worked] for the company, you could reach out to them for advice before and/or after applying for the job.
  • Professional Organizations.  Chamber of Commerce, Society for Human Resources Management, UO Economics Club, and other groups periodically share opportunities on their websites, emails, LinkedIn groups, and meetings.
  • Career Fairs . We have them quarterly, but there are periodically job fairs sponsored by other organizations in cities like Eugene, Portland, and so on.

The Proactive Strategy

This means that you don’t wait for employers to come to you; rather, you target employers and pursue them.

Q. What’s the first thing I need to do if I want to adopt a proactive strategy?

Activate your network—this means letting your parents, siblings, extended family, and friends know that you are looking for a job or internship and giving them some basic details about the kind of opportunity you’re pursuing (e.g. something involving data analysis, finance, marketing, etc. in the Eugene or Portland or Seattle area).  You can get the word out using Facebook and personal conversations.  You’ll be surprised at the lengths people who really care about you will go to in order to introduce you to the people and opportunities.

It is important to follow up promptly and fully with any leads that your network gives you.  If someone says, “There’s this guy named Jim at YES Corp. Drop him a resume,” then be sure to make that happen within a 24-hour window.

Q. How do I go about finding prospective employers in my area?

Set aside time to research organizations in the desired geographic region (e.g. where you will be realistically available to work) and begin making a “prospect list.” This list can be an Excel document. You can usually find a fairly business directory on any local Chamber of Commerce website, and this is an excellent starting point.  Also, look for those “Best Companies To Work For” lists. The goal is to expand your level of awareness about companies in your area (thinking beyond just name brands).

Q.  Ok, I’ve got my prospect list.  Now what?

Once you’ve made your list, start looking at each company individually.  You’re looking for several things:

  • Current job/internship announcements. You may not find anything, but I want you to get an idea of what the organization does and what they value in their hires.
  • Mission, vision, values. Are they compatible with your own values and goals?
  • Industry niche and business functions. As you research what the company does and how it operates, imagine what you could do to contribute to their success.

Now, narrow your “Prospect List” down to a “Target List” and begin tracking your activity related to each organization (both proactive and reactive), as well as points of contact you’ve discovered through your research (e.g. company directory, business articles, and LinkedIn).

Q.  If the companies on my target list don’t have available jobs, what should I do?

Begin your outreach.  Remember, this is the proactive strategy—you’re not waiting for employers to come to you, you’re going to them.  Your outreach can take several forms:

  • Informational Interviewing.  This involved contacting someone in one of the companies you are interested in and asking them for 5-10 minutes of time (e.g. a coffee break) to ask them questions about their company, their career path, how they got their start, and advice for students seeking to “break into” finance, analysis, research, actuarial work, etc.
  • Networking.  Groups like the Chamber of Commerce, local business periodicals, and non-profits often host breakfast meetings, lunches, fundraising events, after-business socials.  You need to register for those events, show up, shake hands, get business cards, and follow-up with “Nice to meet you emails.”
  • Project Proposal.  This can be a very effective way of creating an internship where none previously existed.  The proposal is a short email and/or cover letter that briefly (1-2 paragraphs) tells a hiring manager (a) who you are, (b) what you want, and (c) what you have to offer, then (d) asks for follow-up of some kind (e.g. 5 minutes to meet over the phone or in person to discuss the possibilities).

Q.  How do I find a contact?

The best way is through LinkedIn, which is a tremendous research tool.  Once you have a profile, you can search companies and see which employees work there and what their particular roles are.  From there, you can either initiate an invitation to connect or (better yet) request an introduction through one of your other contacts who may be connected to them.  Often time, with a little online sleuthing, you can find the contact’s official company email address.   Follow the pointers above for structuring your message.

Q.  What help is available to me over the summer at the UO?

Please feel free to contact me with any questions about the information I’ve just shared.  Remember, there are no shortcuts.  If you contact me, I’m going to ask you to detail your reactive and proactive strategies.  I’m going to want to see your prospect/target lists. I’m going to want details of what jobs you’ve applied for. I’m going to want to see your resume.  It’s your responsibility to get these things together. I can help you to take all of this to another level and troubleshoot issues you’re running into. In addition, the UO Career Center is open over the summer to help.

July 16, 2014

Keeping in Touch

Recent Grads: We miss you already! 

Let us know what you’re up to. New job? Internship? Community service? Traveling? We’d love to hear all about it.

Plus, if you’d like to continue receiving job leads and information from Career and Advising Services, we’d like to know that, too! Complete the Exit and Employment Survey, and be sure to give us a non-uoregon email so we can keep in touch.

We have plenty of resources over the summer to help you score that next gig, so feel free to contact Bill Sherman if you need some extra input during your job search. Have a great summer!

 

June 23, 2014

NYT: Your Major Matters Even More in a Recession

The New York Times reports on an unpublished study from Yale that indicates that your major can have an even bigger impact on your earnings during a recession. Those with degrees in economics and finance, for instance, actually earn MORE, while those who major in low-earning disciplines will earn even less.

Read the full article

June 16, 2014

Economics Students Honored

Undergraduates Receive “MVP” and “Most Inspiring” Awards

A number of UO Econ graduates received recognition and special awards for the 2014 Commencement celebration.

Les Cole Sutera: “Most Valuable Player”

LesColeSutera_web

Les Cole Sutera

Les Cole Sutera was named the “MVP” for the Econ Class of 2014. He was recognized for being the member of the UO Economics Club who most distinguished himself through extraordinary service in the areas of research presentations, peer advising, event planning and leadership. The award was determined by a majority vote of the UO Economics Club.

Sutera was pretty humble about being chosen. “It could have been anyone in the club,” he says.

Daniel Moas: “Most Inspiring”

Daniel Moas

Daniel Moas

Daniel Moas was named the “Most Inspiring Economics Graduate” based on nominations from his peers and faculty recommendations. The criteria for the award included academic rigor, active class involvement, and encouragement of his peers in the study of economics.

One nominating student said, “Danny is such an enthusiastic student. He is smart as a whip and seems to have a natural mind for economics. He is also always willing to help others and wants to see others succeed.”

After learning about the award, Moas said, “I just want to say ‘thank you’ to all my friends, and the friends I met along the way, for supporting me. I couldn’t have done it without them.”

Honors Theses Award Recipients

In addition, Brad Zukerman received an award for the Best Individual Honors Paper for his thesis “Criminal Activity and Access to Rail Transit: An Examination of the Relationship in Chicago.” Matthew Davis and Andrea Vedder were given the Best Group Honors Paper Award for their collaborative effort, “The Real Consequences of Property Tax Compression for Oregon Public Schools.”

Graduate School Honors

The GTF Teaching Award for the UO Department of Economics goes to Ben Fitch-Fleischmann, who also received one of two 2014 Donald and Darel Stein Graduate Student Teaching Awards given to UO GTFs. Fitch-Fleischmann also received the Mikesell Research Paper Award for his paper, “The Political Economy of Relief Aid After Climate-Related Disasters: Nicaragua and Hurricane Mitch.”

John Voorheis received the PhD Research Paper Award for his paper, “State and Metropolitan Area Income Inequality in the United States: Trends and Determinants, 1968–2012.”

Congratulations to all!

June 14, 2014

Econ Students Featured in “Celebrating Champions” tribute

Profiles of two very accomplished UO Economics soon-to-be-grads were featured in the “Celebrating Champions” section of the UO website as part of the run-up for the June 16, 2014 Commencement Day.

Student Profile: Biraj Bisht

Student Profile: Les Cole Sutera

Congratulations, Class of 2014!

May 31, 2014

Econ student named 2014 Truman Scholar

Andrew Lubash, campus and community activist, is among 59 scholars named nationwide.

Andrew Lubash100x100Oregon junior Andrew Lubash of Beaverton received the prestigious 2014 Truman Scholarship. Former Secretary of State and Truman Foundation President Madeleine K. Albright announced the 59 winners at 5 pm today in Washington, DC.

Lubash attends the UO Honors College, double-majoring in Economics and Political Science. As a leader both on campus and in the community, Lubash displayed the most sought-after qualities of a Truman Scholar, which include academic achievement, demonstrated community service and leadership, and a desire to pursue a career in public service.

“My goal is to become a successful advocate for LGBT civil rights issues and attend a great graduate degree program that will prepare me to be successful,” Lubash says. “I think I’ll benefit enormously, not just the money award, but the honor that has been bestowed upon me as the legacy of President Truman—it’s pretty amazing. I’ll also get to meet some pretty incredible people along the way!”

Bruce Blonigen, Acting Associate Dean of Social Sciences and a faculty rep for the 2014 Truman Scholarship, was impressed early on with the strength of Lubash’s application, which includes involvement in ASUO student government, Oregon Student Association, and an internship with Senator Mark Hass. “I’m usually not good at predicting things like this, but as soon as I saw his list of accomplishments, I knew he’d be chosen,” Blonigen says.Andrew_Lubash_surprise

The aim of the Truman scholarship, according to Former Secretary Albright, is to “serve as a gateway for America’s public service leaders.” Truman Scholars receive up to $30,000 for graduate studies, in addition to priority admission and supplemental aid for some of the premiere graduate institutions. Scholars also take part in leadership training, and receive additional opportunities for special internships within the federal government.

Bruce, Scott, Andrew, President

Lubash joins 59 new Truman Scholars, mostly college juniors. He will be only the eighth student from the University of Oregon to receive the honor. This year’s recipients were selected from among 655 candidates nominated by 293 colleges and universities. Past Truman Scholars include such notables as Janet Napolitano, Bill de Blasio, George Stephanopoulos, Susan Rice, and Jon Favreau.

Read more about Lubash’s story at Around the O.

May 8, 2014

Econ major named one of ODE's "25 Ducks"

Brett CahillUO Economics major Brett Cahill was named one of the Oregon Daily Emerald’s “25 Ducks: An introduction to Oregon students who will change the world.” Cahill was nominated for his ability to excel in his studies in economics and math while working hard to put himself through school.

Read Cahill’s profile.

See the full list of ODE’s 25 Ducks.

Photo courtesy of the Oregon Daily Emerald.
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