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Heck several top schools don't even offer undergraduate degrees in business. Otherwise agree though.
Mine didn't. We had a small, underdeveloped minor program with a clear focus for finance (most people in the program double majored in economics and either computer science or international studies with a minor in business to shoot for big NYC financial firms). This year is the first year they are offering a business program.
The theory is that there is nothing you can learn in a generic business major that you can't gain from a combination of liberal arts majors and internships. Unfortunately, many hiring managers aren't willing to think of it that way and are demanding majors such as HR and business communications for entry level positions in those fields.
The theory is that there is nothing you can learn in a generic business major that you can't gain from a combination of liberal arts majors and internships. Unfortunately, many hiring managers aren't willing to think of it that way and are demanding majors such as HR and business communications for entry level positions in those fields.
I understand why that is though--certainly there are a lot of people who do investing as a hobby and have a very good grasp on financial markets etc. That said, a bachelor's degree in a given field shows that you should at least have a good grasp on the necessary information, whereas simply taking someone's word for it that they know what they're doing is much more risky.
Another very important point is that - for a variety of reasons - employers in every sector and every field are now demanding a Bachelor's degree as a bare minimum requirement for jobs that used to require only a high school degree. Maybe we're raising our standards, or maybe we've lost faith in a public education system that seems to either leave people behind or hold them back, but unfortauntely nowadays a lot of employers require a college degree just to make sure the potential employee knows how to tie their shoes, speak coherently and perform menial tasks. It's become the standard because with anything less than that, the employer isn't confident that they will get someone who might be capable. College is the new high school, and it's probably never going to change or go back to the way it once was, when high school was enough.
I disagree with the last part--the prize behind the price is that one can get into certain industries (like i-banking) simply by where they went to school. Heck several top schools don't even offer undergraduate degrees in business. Otherwise agree though.
When I was in college, it was the football players who majored in business; this at a D1 school. It was not a major for the serious-minded.
I think that college is a waste of time for most simply because they are going for degrees that they believe are 'hot' and will earn them the most money. Or their passion is mis-guided and they are going to a top college to get a degree that would hold the same earning potential as one from a tier-four university.
Quote:
Originally Posted by MSchemist80
As I pointed out a career that utilizes a specific degree does not necessarily pay more than one that does not ie Science.
It is more worthwhile to get vocational training like welding, plumbing, cable TV installation than spend 6 years getting a MS Chem from a university and get paid less than a janitor with no benefits.
I am fully aware of this. Unfortunately, without a degree in science, my chances of working in the marine/ocean sciences outside of being a gopher or someone who simply deploys/retrieves equipment is nil. Old Boy's Club is the name of the game, and as such, I am willing to play.
Vocational school in the trades is a good way to save some $$ while learning the skills, getting a cert., that could potentially bring in the same money that an advanced degree would bring in, but the problem is that too many people are going to vo-tech school right now. So many people are going to two year schools for HVAC, plumbing, welding, construction, etc. that the job market is getting flooding. No different than getting a 4-year in business or some other shtiz that everyone else and their grandmother goes to college for.
The fact remains that there are simply more people than jobs. Period. You can blame the Stock Market, or the Chinese, or the effin' Moon, it doesn't matter. It doesn't matter who is President or which political or corporate ideology runs the show; unless human beings start dying off in massive numbers, there will always be more qualified people who are out of work than jobs available. Out-sourcing has nothing to do with it. It is a sheer numbers game.
I have roughly $25,000 in student loans after four years of (private) college and a completed B.A. I got a lot of help from scholarships, state and federal grants, and to a lesser extent, parents, and just to go against the "I worked 40 hours while attending full time" posts that these threads seem to conjure up, I am proud to say I barely worked at all during college, giving me more time to study and play on the internet. Even if I paid it all myself, though, it would not come to $200,000, but more like $106,000. Of course, I lived with my parents.
As I pointed out a career that utilizes a specific degree does not necessarily pay more than one that does not ie Science.
It is more worthwhile to get vocational training like welding, plumbing, cable TV installation than spend 6 years getting a MS Chem from a university and get paid less than a janitor with no benefits.
You're really relentless on your experience being absolute. Mine has been much different in engineering/medicine.
Location: from houstoner to bostoner to new yorker to new jerseyite ;)
4,084 posts, read 12,715,638 times
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Quote:
Originally Posted by K-Luv
The fact remains that there are simply more people than jobs. Period. You can blame the Stock Market, or the Chinese, or the effin' Moon, it doesn't matter. It doesn't matter who is President or which political or corporate ideology runs the show; unless human beings start dying off in massive numbers, there will always be more qualified people who are out of work than jobs available. Out-sourcing has nothing to do with it. It is a sheer numbers game.
I agree on the blame part, in that there are several factors contributing to the current state of the economy, but it wasn't "always" true that there was a lack of jobs. It's only become true within the past few years, in fact. Outsourcing certainly has something to do with it, especially in IT, the field I started my career in. It was heavily affected by outsourcing. My climb up that ladder in the late 1990's was abruptly aborted thanks to it, forcing me to go in another direction.
I worked as a finance guy in the corporate HQ of a major US fast food company for a while, and I sure don't know where you came up with that number...
The manager in a high performing franchise in a major metro area gets that easily. Even Dominoe's Pizza managers pull down over $80K.
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