Jobs…Jobs…Jobs…call it a depression or recession…for job seekers whether undergraduates or mba’s this is one of the worst labor markets and with the cost of gas and food going from 0 to 60 in 3.6 seconds when and how do you slam the brakes on the cost of living? Welcome to the New World where a bachelors or a master’s degree is no longer the fast ticket to a great corporate job.
So many of us are looking for a career change, or trying to figure what, whether any type of continuing education will be worthwhile in terms of the cost and time spent? Is there really a recession-busting degree, a normal 4 year degree where you have a better shot at a great job….drumroll…yes, I believe there just might be.
I’ve seen a few news articles about the business degree being really in demand, but I want to work this over a bit more, and there are more details to it than just that. First, yes a lot of things are going to get outsourced, eliminated, and what not – but the ability to make sales, and keep a company going requires skill – business skill to be specific. That’s a core competence that no organization wants to be without. So first your focus whether going for you first degree or doing a mid-career switch is that a business degree should definitely rank high up there among the choices you might be considering.
Secondly, if you look at the baby-boomer generation, that are probably the last that will retire with the pensions and 100% of the social security benefits then you can guess that they will be a group that is going to play a large role in driving the economy – and since healthcare is naturally going to figure large in their expenses, you want to look at this industry. So we have a further combination here: business degree with healthcare, but don’t stop here – because in today’s niche markets and specialist roles you need to be “jack of all trades” and “master of all those trades” as well. So you need have solid business and sales skills, coupled with a focus on healthcare and then there’s is a third ingredient, you need to focus on prevention.
Yes, that’s right, because in the future as healthcare costs rise year-over-year companies are probably going to seriously consider prevention as a much more economical alternative to paying for surgeries and other expensive procedures at a later date. Its much cheaper to have an in-house dietician, or nutritionist helping the employees get on a proper diet and exercise program since that same dietician could look after a large amount of employees. If you compare that to paying for surgeries and procedures, what do you think will appeal to companies as they look to reduce the medical costs incurred?
So you need to focus on 1.) Business + 2.) Healthcare + 3.) Prevention/Diet/Exercise and you should have a really good employment outlook because you will have accomplished something that saves money, can’t be outsourced and is the direct trend of the future as we head deeper and deeper into the financial crisis.
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