Financial situation in Cali/UCLA?

Colleges & Universities A-Z University of California - Los Angeles
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<p>The Californian government isn't in a great position--financially--atm, and this would probably affect the UC system's budgets and stuff. My parents have expressed concerns that some majors/minors at UCLA might get cut, classes slashed, and profs fired. I'm also a bit afraid it won't be stable, and that its reputation (both nationally and internationally, as I'm international) may drop.</p>

<p>Also, the financial situation in Cali may present difficulties in finding job/internships offers in LA.</p>

<p>I'd really like to go to UCLA, but not if the job prospects aren't as good as those of NYU Stern (my other choice--which I don't really like D: ).</p>

<p>Also, what are some major companies/firms in LA? Specifically ones that recruit from UCLA?</p>

<p>I'd love to hear your opinions, thanks</p>

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<p>Your parents concerns are justified. Here is a publication you might want to look into:</p>

<p>[Saving</a> UCLA - Feature - UCLA Magazine Online](<a href=“http://www.magazine.ucla.edu/features/saving_ucla/]Saving”>http://www.magazine.ucla.edu/features/saving_ucla/)</p>

<p>“Block: These are truly challenging times. This year, as you know, we’re going to have a 32-percent increase in student fees approved by the Board of Regents in November. And this obviously can jeopardize our core purpose at the university, which is to provide broad access and excellence.”</p>

<p>“Trang: […] for me, either I’ll have to take summer courses and finish early, or take community college classes in the summer to fulfill my general ed requirements instead of taking them here, so I can do my major here. And then one of my acquaintances, she lives on my floor. She doesn’t think she can return next year, because she doesn’t know if her parents can afford it. And she’s taken out so many loans that it’s more beneficial for her to go back home and to work for a little bit and maybe take classes at her community college before coming back to the University of California [UC] to finish her education.”</p>

<p>“Garrell: […] The other area where I think it’s had a big impact is on our ability to ensure that we provide the curriculum for our students, ensuring we can offer as many classes as they need to graduate, ensuring classes don’t get too big.”</p>

<p>"Gilliam: The seed money that a dean might provide to promising faculty who have new and interesting research projects has dried up. It certainly hampers our ability to respond to the new issues that arise in our fields and to be able to build initiatives and projects and programs around new developments in scholarship and in practice. So that means we can’t hire faculty in emerging fields where we should have some expertise. It means we’re not able to deliver to the graduate students training and education in these new fields. "</p>

<p>“Gilliam: It certainly does put in harm’s way the future growth of the state. In a related way, it risks us not capturing innovation — as a place that discovered everything from the Internet to medical breakthroughs. And, in the largest scale, it raises the specter of the death of public education.”</p>

<p>“Block: […] We’ve got enormous risk in terms of loss of our brightest faculty.”</p>

<p>“Garrell: It’s faculty here going elsewhere. The faculty from elsewhere whom we invite to come here won’t. Or worse, we won’t be able to renew our ranks. And if, as a group, we can no longer do the best research and scholarship, we’ll see a decline in federal financing. We’ll see a decline in our research productivity and in our ability to train students.”</p>

<p>The article also addresses the Michigan Model. </p>

<hr>

<p>UCLA job prospects are pretty secure in the LA area, but the CA and the LA economy isn’t too stable right now and won’t be for a while. Even though you are graduating from UCLA or any college for that matter, you won’t be guaranteed job before or even after graduation. Currently, California is tied for the 4th highest rate of unemployment in the nation at 12.5%.</p>

<p>[Unemployment</a> Rates for States](<a href=“http://www.bls.gov/web/laus/laumstrk.htm]Unemployment”>http://www.bls.gov/web/laus/laumstrk.htm)</p>

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<p>Yep thanks I saw your post(s) in the “Deterioration of UCLA” thread.</p>

<p>I’m just wondering about the general jobs/internship opportunities at UCLA. I hope that if I go here I don’t make too big of a sacrifice of the professional opportunities I may have at NYU Stern–which I really don’t wanna go to (no campus, antisocial, impersonal, bad administration, no school spirit).</p>

<p>I’d just like to know which firms recruit at UCLA, which firms are based in LA, what’s the percentage of the graduating class that gets job offers immediately before/upon graduation. I’m sure these stats are posted somewhere but I just can’t find them!</p>

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<p>My daughter is a sophomore and is currently doing an internship 2 days a week during spring quarter. She had a few to choose between. Hers is in Public Relations but from what I have heard there are many opportunities and certain fields. She almost went to NYU as well but wanted the traditional campus, school spirit, and weather of So Cal. She is very happy at UCLA. I really think it is more a matter of how determined you are. You must be a self starter and ambitious and if you are things will happen for you. Hopefully others will chime in with their experiences. It would help if you could tell us your major and what type of internships you would like to have.</p>

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<p>Thanks Inquiringmind2.</p>

<p>I got Business-Econ major for UCLA and will probably be pursuing business-y internships. For NYU, I got into Stern.</p>

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<p>Lots of companies recruit at UCLA - </p>

<p>[UCLA</a> Career Center](<a href=“http://career.ucla.edu/Students/CareerFairs/Spring2010CareerRoundup.aspx]UCLA”>http://career.ucla.edu/Students/CareerFairs/Spring2010CareerRoundup.aspx)</p>

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<p>I hate to say this ucsd<em>ucla</em>dad, but that list is not impressive at all. I’m being honest. There isn’t one major firm on there. I was expecting better than that too, very disappointing.</p>

<p>Here I’ll help you out. The Fall 2009 list is much more impressive.</p>

<p><a href=“http://career.ucla.edu/Students/CareerFairs/ArchivesPreviousFairs/Fall09_JobsForBruins_TuesOct13.aspx[/url]”>http://career.ucla.edu/Students/CareerFairs/ArchivesPreviousFairs/Fall09_JobsForBruins_TuesOct13.aspx&lt;/a&gt;&lt;/p&gt;

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<p>^^^ That’s because that list was for a spring recruitment session.</p>

<p>who really recruits in spring?</p>

<p>If you are serious about the job market, you should look into prospects during fall quarter and already know what you are doing the next summer by spring break.</p>

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<p>The financial situation in California is actually improving. Tax revenues in the last budget report were higher than the governor’s projections so it looks as if there may not be more cuts to the UC system. Recovery is under way.</p>

<p>The city of LA (just LA and not nearby wealthy suburbs), however, is officially broke and recently announced a 3 day week to help rack up its finances. Fortunately, the city doesn’t fund the university but it may translate to a decrease in nearby public services.</p>

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<p>^^^ LA isn’t going to a 3 day work week. The mayor stated this as a means of prolonging a possible bankruptcy that was imminent within the next month. However, not only did the LA City Council say that Villaraigosa didn’t have the authority to do that, higher than expected property taxes will be able to fund the city through the rest of the fiscal year.</p>

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</p>

<p>What counts as a major firm?</p>

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<p>BayBoi - </p>

<p>That list is just a partial one and it’s just from one of the career fairs - there are a number of others. There are plenty of major companies who recruit at UCLA including top accounting firms, consulting firms, defense firms, engineering firms, major corporations, etc. </p>

<p>

It seems that you would have heard of some of these (major) firms before -

  • Prudential
  • Wells Fargo
  • Aflac
  • HSBC
  • Symantec
  • Target
  • Teledyne
  • Disney
  • Intel
  • Microsoft
  • Northrup Grumman
  • Central Intelligence Agency
  • Lockheed Martin
  • Cisco
  • Procter and Gamble
  • etc.
    …and those are just a few of them. My point is that many major firms routinely recruit on-campus at UCLA through the career fairs and many other companies and government agencies who don’t participate in the career fairs hire UCLA grads as well.</p>

<p>Other career fairs from winter 2010 (when many companies start looking for upcoming grads) - </p>

<p>[UCLA</a> Career Center](<a href=“http://career.ucla.edu/Students/CareerFairs/ArchivesPreviousFairs/Winter2010GovtComFairThursFeb14.aspx]UCLA”>http://career.ucla.edu/Students/CareerFairs/ArchivesPreviousFairs/Winter2010GovtComFairThursFeb14.aspx)</p>

<p>[UCLA</a> Career Center](<a href=“http://career.ucla.edu/Students/CareerFairs/ArchivesPreviousFairs/Winter2010_EnginTechnicalFair_Thursday_January_14.aspx]UCLA”>http://career.ucla.edu/Students/CareerFairs/ArchivesPreviousFairs/Winter2010_EnginTechnicalFair_Thursday_January_14.aspx)</p>

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<p>ucsd<em>ucla</em>dad, I think you forgot to read my last post where I said that UCLA’s Fall 2009 was much better than the spring. Geesh.</p>

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<p>So is Intel not a major firm?</p>

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<p>Nope, neither is Wells Fargo, HSBC, P&G, or the CIA</p>

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<p>

Your last post stated what I quoted - that “There isn’t one major firm on there”. You made the erroneous statement and I simply responded for the sake of other posters who might not be familiar with UCLA and who might be basing some of their decisions on what people post here whether those people are offering informed opinions or not. </p>

<p>And most people realize that there’s been a recession this past year and companies throughout the country (and beyond) are not hiring in the numbers they used to so of course if one compares the recruitment this year versus a year or two ago they’ll note a difference but that’s true for every campus in the country, not just UCLA. Despite the economic downturn though there are still ‘major firms’ recruiting on-campus and many upcoming UCLA grads are still receiving job offers.</p>

<p>An entering freshman is more interested in UCLA’s recruitment history anyway since they’ll not actually be looking for a job for typically 4-5 years from now and no one knows what the economy will be like by then.</p>

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<p>That list doesn’t look bad. Do freshmen/sophomores typically get internships? Do they get them if they try (hard)? Or do the firms typically recruit at higher levels (juniors/seniors)?</p>

<p>Also can anyone find the percent of UCLA graduates that get job offers immediately/before graduation, a few months after graduation, etc. – you know, those types of stats?</p>

<p>Thanks.</p>

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<p>Just saying, Cal never runs out of major firms or companies recruiting on campus in the fall or spring.</p>

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<p>

Apparently judging from the list posted neither does UCLA. The OP didn’t ask about Cal, the OP asked about UCLA so there’s no point in talking about Cal but recruiting at Cal is affected by the economic downturn just like everywhere else. The bay area has certainly experienced its share of issues due to the economy. I don’t know where you attend or what year you are but if you don’t attend UCLA why are you posting here anyway about something you know little about? </p>

<p>Snowbeamer:
Everyone’s situation is different. Getting an internship and eventually a job is something that’ll vary by major (ex: Computer Science vs. PoliSci vs Chemistry vs History), individual circumstances, and desires. Summer internships are most common between sophomore/junior and between junior/senior years. Some people have received multiple job offers months before they graduate and others are still looking for jobs after they graduate. Some purposely don’t look for jobs right away because they’re taking time off to tour around Europe or something and a lot of students go on to grad school instead of looking for a job after their undergrad degree.</p>

<p>The bottom line is that UCLA is a major university with good name recognition filled with high achieving students and is regularly recruited from by many major firms from southern California, northern California, and the rest of the country and there’s nothing limiting a grad to applying just to firms that do on-campus recruiting anyway.</p>

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<p>Thank you all very much for your help! I really appreciate it</p>