Do you think you can name one of the top ten careers of 2015?
Top Careers – Dentist 1 – Dentist 2 – Nurse Practitioner 2 – Nurse Practitioner 3 – Software Developer 3 – Software Developer 4 – Physician 4 – Physician 5 – Dental Hygienist 5 – Dental Hygienist 6 – Physical Therapist 6 – Physical Therapist 7 – Computer Systems Analyst 7 – Computer Systems Analyst 8 – Information Securities Analyst 8 – Information Securities Analyst 9 – Registered Nurse 9 – Registered Nurse 10 – Physician Assistant 10 – Physician Assistant Source: US News and World Reports / /11
Does that mean we should all try to become software developers? Why? Why not?
Choosing a Career The Top Ten Things to Consider Any thoughts???????
10. What are my strengths and interests? Strengths Academically Academically Socially Socially Personality Traits Personality Traits Interests School Classes Athletics Extra-curriculars Hobbies
9. What do I value in a career? Prestige Income Helping Others Flexible Schedule Variety/ Routine Life-Work Balance
8. Does research indicate that the career growing? Historical Trends - why does this matter? Future Projections around 242
What will be the career of the “future”?
7. What education/ training is necessary? Is a professional license required? What is the entry level educational requirement? BA, MA, PhD, JD, MD Is there required continuing education? Is there a nationally recognized test in the field? CFA, CPA Is graduate school encouraged? MBA
6. What costs are involved in obtaining this career? What are the anticipated educational/ training costs? Does the career involve any “hidden” costs? Does the career involve a likely move? Where is the epi-center of the industry?
According to the College Board, the average cost of tuition and fees for the 2014–2015 school year was: $31,231 at private colleges $9,139 for state residents at public colleges $22,958 for out-of-state residents attending public universities
5. What is the career trajectory? 5. What is the career trajectory? Where does one start in the field? What are anticipated promotions? Horizontal versus vertical trajectories Horizontal versus vertical trajectories What is the premiere position in the field? Degree in finance means what? Degree in finance means what?
Financial Analyst Major in finance Get internship, hope to get into an analyst program (undergrads and MBAs) Junior analyst, researching companies & trying to give buy/sell ratings and outlook on companies performance Senior Analyst OR portfolio manager Work for investment bank, hedge fund, insurance company, mutual fund company, foundation/endowment … any company that has investment portfolio Credit analyst similar but looking at debt
4. What technology skills/skills would benefit someone in this field? Specific Applications in the field Macros… Macros…
3. What is the workplace environment like? Hours Location Deadlines Schedule
2. What are the benefits of the career? Travel Car Manage own schedule Health Coverage Bonus
1. What is the anticipated salary of the career? Income Tips Commission Wages or Salary
Financial Analyst Long hours, high pressure, highly compensated, competitive, higher education needed (MBA, CFA), good writing, good math, communication skills (communicate with companies find out about products and business to write research report) – technology skills – know industry and economy (economic skills)