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Wall Street's Collapse Is Computer Science's Gain

Posted by timothy on from the portable-skills dept.

dcblogs writes "Thanks to Wall Street's implosion, the chairman of Stanford University's Computer Science Department says he is seeing more interest from students in computer science. Ditto at Boston College. Computer science enrollments crashed after the dot-com bust as students turned to hedge fund majors. And are computer science grads getting jobs? The professor at one university program that graduates about 45 students a year with CS degrees, wrote in a comment: 'Last year 87% of our seniors were employed before graduation. The median starting salary was $58,500. A majority of CIS students had multiple job offers. From where I sit, there is a huge demand for entry level IT professionals in IS and in CS.'"

9 of 435 comments (clear)

  1. bust by Anonymous Coward · · Score: 4, Funny

    Computer science enrollments crashed after the dot-com bust

    Busts can spoil a career in any field, really.

    1. Re:bust by Anonymous Coward · · Score: 0, Funny

      Busts can really help make a career in porn.

  2. Damnit!!! by vertinox · · Score: 5, Funny

    Here I was finally thinking I'd get a raise this year because of labor shortage!

    Listen kids, there is no future in IT. Plumbers and lawyers is where it is at.

    --
    "I am the king of the Romans, and am superior to rules of grammar!"
    -Sigismund, Holy Roman Emperor (1368-1437)
    1. Re:Damnit!!! by TuaAmin13 · · Score: 2, Funny

      Or you can get your MBA, become a C level executive, hopelessly **** up a company, and then get a large compensation package for leaving.

    2. Re:Damnit!!! by Sponge+Bath · · Score: 4, Funny

      ...a war here or a housing bust there

      Too high to go to war, and excess housing converted to hookerterias?
      I nominate Ethanol-fueled as the Happy Fun Time party presidential candidate.

      A vote for HFT is a vote for fiscal responsibility.

  3. Re:passionless technician by SoapBox17 · · Score: 4, Funny

    [citation needed]

    You put a whole lot of numbers in there, I'm betting there's a 77% chance you pulled at least 42% of them right out of your ass.

  4. Do to Computer Science, what they did to Wall St. by PolygamousRanchKid+ · · Score: 4, Funny

    Look on the bright side, we'll get a bailout in a couple of years

    Yee-Haw!

    --
    Schroedinger's Brexit: The UK is both in and out of the EU at the same time!
  5. Re:passionless technician by st0rmshad0w · · Score: 3, Funny

    Don't forget you do get the satisfaction that comes with saying "Back off man, I'm a scientist."

  6. Re: When is it no longer my problem? by Anonymous Coward · · Score: 1, Funny

    If you want to know how we made out on LBJ's War on Poverty go to Cleveland.

    I'd say the war on LeBron James' poverty was wildly successful in Cleveland. The dude's probably worth 9 figures.