As college tuition costs rise and the job market becomes increasingly competitive, an increasing number of college students are opting for practicality above passion. Because of low starting salaries and high unemployment rates, many people are opting out of disciplines like fine arts and history in favor of more lucrative fields of study. This may not be the best option for every student, since some students later regret not following their emotions. However, for most modern students, who are saddled with record-high amounts of student loan debt, landing a well-paying job after graduation means taking charge of their own lives.
What are your options?
More than half of recent college grads are unemployed or underemployed, according to a recent Associated Press investigation. However, the rate varies substantially depending on the academic major. Even in a bad economy, graduates with marketable talents are in high demand, and they rarely have to seek long and hard for work. Many people are recruited right out of high school. Graduates with business degrees are constantly in great demand, along with those with STEM degrees (Science, Technology, Engineering, and Mathematics).
The figures
Business is once again leading the way as the economy continues to rebound from the Great Recession. According to a new poll by the National Association of Colleges and Employers (NACE), the average business graduate earns $54,0 as a starting income, ranking third after engineering and computer science. However, when it comes to starting salaries, one group stands out beyond the rest. MBA graduates have a 92 percent employment rate and earn an impressive $85,0 right out of school!
Are you thinking about going to business school?
If you don't want to go back in with your parents, as most recent college graduates must now, you should choose a major that provides some employment security. As previously stated, a business degree can open many possibilities for you, whether or not you opt to pursue an MBA. Starting salaries are dependably high, regardless of economic conditions, and the discipline is so diverse that most students discover something they enjoy doing throughout their college years. With that in mind, we'll go through a few simple tactics to help you excel in business school and afterwards.
1. Study in a foreign country.
There is no longer such a thing as a totally American firm. That company may have started in the United States, but chances are it now generates a significant amount of its revenue from outside the country. Whether it's McDonald's or Microsoft, all of these global businesses rely on overseas markets to drive their future expansion. Today's businessperson must quickly grasp this lesson and get expertise in these international marketplaces.
As a result, most of the best business schools provide immersion programs in which students can study and work overseas during the winter and summer vacations, as well as during the academic year. Take our word for it: a summer internship in a developing country can help you advance your career. Why? Because all of the companies interested in entering these markets are searching for business graduates who have experience in these fields and can assist in a smooth transfer to a variety of foreign countries.
2. Connect the dots
Every successful businessperson https://essaywriter.nyc/essay-tips/ is also a successful salesperson. He'll have to schmooze and liquor his way into people's good graces, make friends, and exert influence. If he executes his job well in the beginning, he will build a loyal network of clients, friends, and fellow citizens. Starting early, while still in business school, is perhaps the easiest and most reliable method for him to accomplish this incredible feat.
Students can join free clubs and organizations at most colleges and universities that offer business courses. These clubs were ostensibly formed to promote the free and open exchange of information and experience. However, the main reason students should join is to create ties with established members of the business sector, as well as other students. An aspirant undergraduate can and should take use of this priceless resource to connect with accomplished graduates.
3. Grading Methodology
4. Enroll in a large number of electives.