Hello all,
At Amherst College, roughly 31% of students go into finance/ consulting while only about 12% go into public service. Many other schools have similarly imbalanced post-graduation outcomes. A group of us at Amherst College are trying to change that, starting here. We want to create a public service pipeline akin to the finance/ consulting pipeline that already exists.
Issues we need to address:
- Public service opportunities are not as well known or advertised as finance or consulting jobs
- The finance and consulting timeframe is super early and takes advantage of college students' uncertainty
- Public service jobs are usually not seen as prestigious compared to finance/ consulting
These are just a few of the major issues that we need to address. I'll be happy to go more in depth in the comments or additional posts. We have some ideas to address them but I'd love to hear any ideas you have or you have seen work at your universities.
Thanks so much for your help!
[To clarify in case this was unclear: I am just a random outsider and have no association with this Amherst student group.]
I’m a bit skeptical that just trying to get more nonprofits to recruit on campus is a winning strategy here. Among other things, the vast majority of nonprofits don’t have dedicated recruiting staff, and the people responsible for hiring don’t have the time to travel to college campuses to recruit for entry-level positions. The same is going to be true of most public sector openings at the entry level, too. (I do think there are exceptions to this — you might be able to get some of the RA programs run by the Federal Reserve System to recruit on campus, which I think would be awesome.) Regardless of whether or not you get these organizations to come to your campus, though, I think you face the even more significant obstacle of many students believing it just isn’t a good career move to take a job in public service straight out of college. I’m not sure getting these jobs more visibility changes that. My sense in college was not that the people entering finance or consulting would instead have gone into government if they’d been aware of the availability of government jobs.
I think that to make a difference here you have to change the way people think about the opportunities presented by analyst programs at consulting and financial services firms. You have to show people that these aren’t the best things they could do out of college, given basically any set of public service career objectives.
As I see it, this pitch might look something like this (obviously, the details would vary based on the individual in question’s career goals, but for the sake of argument…):
The rejoinder here, I imagine, is: “What if you don’t have any idea at all what you want to do? At the very least, an MBB consulting job won’t close any doors.” I definitely believed this argument when I was a senior in college, but in the years since I graduated, I’ve come to think that the high option value provided by elite analyst positions in finance and consulting is, to a large extent, limited to private sector roles and is thus of considerably lesser value to people aiming to have careers in the public interest. My sense is that hiring managers (outside of finance/consulting, and especially in public service) are almost never looking mainly for generalists who can legibly signal high intelligence. For the vast majority of positions, the marginal benefit of additional points on the SAT, or whatever, pales in comparison to the marginal benefit of relevant domain experience and motivation/commitment to the work of this position. As a result, a lot of government jobs strongly prefer people with a demonstrated history of working in public service. The thought is that committing to a career in public service is a costly signal, and people who are willing to pay the cost to send it are more likely to be motivated and less likely to jump ship to climb a professional ladder. On top of that, the competition for some of these positions is so steep that they don’t even have to compromise on other desirable attributes to get people who can demonstrate that commitment; they can just use it as a tie-breaker to distinguish otherwise identically qualified candidates at the top of their pool. So, more generally, I now think that to underspecialize is to lose options and good ones, too, as most really cool jobs require some degree of specialization.
This obviously doesn’t answer the question of how to choose what to do after one graduates, which, admittedly, is genuinely hard. At a minimum, though, there’s some reassurance in the fact that the costs to making the wrong call aren’t that high. People in the first few years of their career typically enjoy a lot of latitude to pivot and try new things as long as they have a good attitude about it and aren’t in a rush to climb any ladders professionally. I basically did this and think it ended well. On that note, one thing that really helped me was having a lot of free time to reflect about my goals (and research how to best achieve them) in my first year out of college, when I was feeling very professionally unsatisfied. (I would hate to be very professionally unsatisfied and not have a lot of free time to figure out how to remedy the situation, which I imagine would have been the case if I’d been in consulting or finance.) I generally think that having free time to reflect and pursue independent projects in one’s first few years out of college is really underrated by most people, especially among EAs, for whom the returns to reflection are probably especially high. I’ll conclude just by saying: One of the best pieces of career advice I’ve ever gotten was to prioritize working in places where my incentives would be aligned with my values and where I would be surrounded by people who would support me in making professional decisions in a manner consistent with my values. I think people tend to underestimate the impact of their environment on the possibilities that they can imagine for themselves. I know I did for a very long time.