StepStone Job Bulletin 1.30.25

📢 Skills-Based Hiring: The New Standard in Recruitment

The job market is shifting as employers place greater emphasis on skills over degrees. According to the World Economic Forum, 85% of companies plan to upskill their workforce, and 70% expect to hire candidates based on in-demand skills rather than academic credentials.

💡Key Hiring Trends

Skills assessments and real-world experience are replacing GPA as a hiring filter.
AI and data literacy are among the most sought-after skills, along with analytical thinking and resilience.
Employers want candidates who can learn quickly, solve problems, and work effectively with AI.

For students, demonstrating skills is becoming essential. Case studies, internships, and real-world applications like StepStone’s simulations provide opportunities to gain and showcase practical experience. Staying ahead of these trends will better prepare you for the evolving job market.

🐋 DeepSeek Has Entered The Chat

If you haven’t heard all the hype around DeepSeek, here’s the TLDR: It’s a low-cost, open-source Chinese AI model that rivals major AI models like ChatGPT.

Why does this matter? DeepSeek claims to have built its model for just $6 million, while OpenAI has spent hundreds of millions training ChatGPT—yet their performance is nearly identical. This efficiency breakthrough proves that cutting-edge AI doesn’t require massive spending and signals that China is advancing in AI faster than expected.

The AI stock rally came to a halt this week as DeepSeek’s emergence sent Nvidia and other AI stocks tumbling, wiping $1 trillion from the market as investors questioned whether U.S. firms could maintain their lead. The selloff was compounded by new U.S. tariffs on semiconductor imports, adding further uncertainty

📊 Key Takeaways

Market sentiment is powerful. The same enthusiasm that drives stocks up can cause rapid declines when competition or policy changes emerge.
🌎️ Global dynamics matter. China’s advancements in AI are a reminder that innovation is a global race with real financial implications.
🏛️ Policy shapes markets. New tariffs on semiconductor imports highlight how government decisions can directly impact industries and valuations.

For students interested in markets, M&A, or trading, this is a clear example of how geopolitics, innovation, and investor psychology intersect to move markets.

More to come as the AI wars heat up… 🔥

Investment Banking Simulation

Sign up for our Investment Banking Simulation to gain a "day in the life" experience, build essential investment banking skills, and stand out to top employers with a performance score and LinkedIn certificate. No experience necessary!

📆 Upcoming Simulation Dates:

  • Monday, February 3rd @ 7:00 PM ET

🎯 The Latest Internships and Jobs

For a complete list of internships, check out our master job board spreadsheet—your go-to resource for all opportunities in one place. Not all new opportunities will be featured below, so make sure to check out the full job board!

Click 👇️ to access!

⌛️ Closing This Week