By Mark W. Vigoroso E-Commerce Times
10/09/01 10:06 PM PT
College students with a mix of technology and economics in their studies
remain strong candidates for entry-level jobs in e-commerce.
Twenty-two-year-old chief executives are hard to find at e-commerce trade shows these days.
Until the tech shakeout began in full, dot-com stardom had been the reward for many young
entrepreneurs.
Now, launching a career at the apex of a corporation is about as rare as a dot-com going
public.
Paying dues, rather than collecting bonuses, typifies today's entry-level e-commerce jobs.
In fact, it is now an employer's job market, with companies picking stingily, if at all,
from a swelling supply of dislocated talent.
For strong-willed and well-trained graduates, however, there are still plenty of
opportunities to break into the e-commerce field. According to observers, administrative
roles and internships may be solid bets, while technology positions will continue to be
filled by the best and brightest.
Additionally, as many high technology firms restore fundamental business practices,
finance and accounting job openings are materializing.
Code Pays
Software engineers are commonly in the highest demand at e-commerce companies, and
current economic conditions have not changed that fact.
"There are more people waiting in queue," Boston University professor of computer science
and e-commerce Vijay Kanabar told the E-Commerce Times. "But students who know the right
stuff like Extensible Markup Language (XML), Active Server Pages (ASP), and Java Server
Pages (JSP) are getting jobs."
Two entry-level job titles that Kanabar continues to see in the
marketplace are Web designer and programmer analyst.
eBay Bucks Trend
Technologists are highly sought after by e-tailers like eBay (Nasdaq: EBAY), but the
e-commerce heavyweight is also seeking entry-level candidates for a
number of departments, including customer support, finance and administration.
"We continue to hire across the board," eBay spokesperson Kevin Pursglove told the
E-Commerce Times. "We are in a fortunate position."
Though many of the 55 jobs recently posted on eBay's site were middle-to-upper level,
Pursglove said the company operates an internship program for recent graduates.
Crunching Numbers
Academic trends often reflect current and projected employment demands. Taking a cue from
the curricula at top universities, Kanabar sees finance and accounting as opportunity
areas for the next batch of graduates.
"I think it reflects a correction in good business practice and focusing on the basics,"
Kanabar said.
Similarly, many matriculating students at the Massachusetts Institute of Technology's
Sloan School of Management are carefully considering the current economic slump in their
academic planning.
"Two years ago, I might have chosen to concentrate on e-business," said Lilac Berniker
(class of 2003), who has an advanced degree in science and has worked as a Web
applications designer for four years. "Now, I am planning to concentrate more heavily
on finance to complement my technology background."
Added Joy Masterson-Weir, another member of Sloan's class of 2003: "Recent conditions may
cause me to think more about whether to enter the entrepreneurship track."
Anybody's Guess
The upcoming months and years of entry-level employment in e-commerce are, along with the
overall economy, getting more and more difficult to forecast.
Indeed, many managers are "checking their fortune-teller's cap at the door," according to
eBay's Pursglove.
For now, Kanabar advises his students to blend e-commerce courses with database systems,
finance, and other complementary disciplines, and to focus on growth
industries like biotechnology.
Stirring Up Unrest with Tech Layoffs October 03, 2001
According to one analyst, the layoffs of the past six-plus months have sown the seeds
for massively disruptive turnover among employees whose positions were not cut.
Job Site Monster.com Cuts Jobs October 03, 2001
Monster.com's parent lowered its outlook for next year, even with the expectation
that 'fiscal stimuli will create an economic upturn in the second half of 2002.'
Tech Firm Job Cuts: Boon or Bust? October 02, 2001
Some analysts said that one of the gravest results of large-scale job cuts at tech firms
is losing employees who were the 'connective tissue' of an organization.
Report: Dot-Com Job Cuts Reach 15-Month Low October 01, 2001
September's 2,986 dot-com job cuts brings the 2001 total to 90,781.
The 2001 running total is more than double the year-end total in 2000.
More by Mark W. Vigoroso
E-Business Dream Mergers April 25, 2002
E-businesses may be best served by pursuing partnerships with brick-and-mortar companies,
according to GartnerG2's David Schehr.
Did Microsoft Miss the E-Commerce Boat? April 22, 2002
Microsoft may have hampered its own candidacy for e-commerce stardom by compiling a track
record of customer alienation, security breaches and underhanded land-grabbing, Morningstar's
Kathman said.
Rescue Strategies for Faltering Small-Biz Sites April 19, 2002
'Small online retailers selling books and CDs will be in a world of hurt, compared to
Amazon, BarnesandNoble.com or CDNow,' GartnerG2's David Schehr said.