A year after the collapse of Lehman Brothers the financial industry is still reeling from the credit crisis. Hundreds of thousands of financial jobs have been lost, and for those graduating from business school the employment outlook is bleak. Some Asian Americans and U.S.- educated Asians are considering opportunities outside the U.S. in China, India, and beyond. Before the financial crisis, an MBA almost guaranteed a job in finance.
China, India, and other Asian countries are seeing an upsurge of highly educated returnees. Last year, the Chinese government saw a jump of 55 percent in the number of returnees. And a recent study by Duke University showed that Asians educated in the U.S. believe there is a growing demand for our skills back in our home countries.
While graduates here may be worried about their immediate job prospects, professional organizations believe that Asian Americans or U.S.-educated Asians are ideally placed for the future. Thomas Sim from the National Association of Asian American professionals says Asian Americans’ language skills and strong growth in Asia will help in the long term.
Source Voa News