New Graduates

Talking about the opportunities in the workplace and measuring the graduate’s number each year is like we are talking about the main concept in economics which is the supply and demand. Therefore, as it was pointed in the article The New School that supply of the graduates is much more that the demand of the careers opportunities all over the world. This is the main problem that forces most of the graduate students to continue studying their MBAs after their graduation. On the other hand some of the graduates consider that it is better to have a master degree to push and prove him/her in the workplace which in a way gives him/her competitive advantage over the others. As a company or recruiter point of view, what would they look and consider while evaluating the candidates who are applying for a job. Will they look only on the number of certificates the graduates are handling or there are some other issues behind this aspect? According to Barney, there are for questions to be discussing when we are evaluating the firms. Let’s consider that the firms are the candidates and the customers are the recruiters. As a recruiter point of view, he/she will evaluate the candidates as products in the market and what competitive advantage each one has over the others. They will consider what value each candidate has and how this value will benefit the company in their threats and opportunities. Also they will look at their abilities if it is rare or not. For example if one of the candidates has a French language as a second language over the other of the candidates. So it may consider as a rare skill the candidate has where the company may benefit from it. According to Porter, buyers (recruiters) have a power which is the bargaining power to choose which of the graduates (new entrants) fit the positions they need. So the graduates should satisfy the need of the recruiters to be accepted in the company. This may not only happen be getting more degrees and certificates. They should have a competitive advantage over some other graduates since the supply is more than the demand. This could be obtained by some training programs, languages skill, computers skills and so on.