As students near graduation from college, or are starting back to class, more often than not their thoughts turn financial. Whether they chose a major with an end career in mind or they use their college education as a springboard for new opportunities, all students must consider their return on investment. With the cost of higher education averaging anywhere from $9,000 – $35,000 per year, a lucrative life after graduation is becoming even more important. In a competitive economy, having a profitable degree from a highly sought after field of knowledge could be the key in gaining career success. What degrees bring in the big bucks? We’ve listed some below. All salary information comes from the 2008 NACE (National Association of Colleges and Employers) salary survey.
Engineering
Not surprisingly, engineering majors in every category earn an average of $60,000 their first year after college. Chemical engineers are paid the most, working for a variety of companies in different fields including manufacturing, healthcare, and business. Chemical engineers design equipment and develop products. Electrical engineers rank second, with an average starting salary of around $55,000. Electrical engineers focus on the design and implementation of equipment used in all aspects of life- automobiles, aircraft, and electrical utilities. Both of these majors apply to a variety of different fields, contributing to the overall success of their earning potential. Mechanical engineers are a close third, with an average starting salary of $54,000. Mechanical engineers are also employed in a number of different industries ranging from agricultural to business.
Computer Science
As our society becomes more and more reliant on the internet and the advancements in computer related technologies and networks, working knowledge of the systems becomes a valuable tool. Computer science majors make an average of $53,000 their first year out of college. This number does include the entrepreneurs who take their computer science background and apply it to business models, advancing technologies and expanding the horizon of development.
Economics
Business markets are highly profitable, and graduates with a thorough knowledge of economics rank high in earnings potential. The average starting salary of a first year economics graduate is around $47,800. Most economics majors work in data research or consulting, and many work for the federal and state governments.
Management Information Systems
Students with an MIS degree work in all facets of business organization. They analyze businesses and contribute to a more efficient management structure. These graduates typically start in the mid $40,000 range their first year after graduation.
Finance and Accounting
Finance and accounting grads have many different options in a plethora of fields. The type of work is varied but always in demand. These positions have very valuable knowledge in intricate areas and generally start at $46,200 their first year out of school.
Business Administration and Management
This is also a lucrative field, as titans of industry are recognized by the efficacy in business management. This major is consistently one of the most popular, and for good reason- business grads can work almost anywhere! The average starting salary is $43,500 for these students, with a chance to accrue more wealth over the length of their employment term.
Keep in mind that a student’s ultimate return on investment is subjective. Yes, these types of degrees offer access to monetarily profitable careers, but it is also important to consider the subjective and completely independent determination of wealth- something that is measured differently by each person.
Although the Internet has been a boon to networking over the past decade or so, there is something to be said for a face-to-face networking over business lunches or trade shows. Adding a personal touch that might be missing from cold emails and Twitter, a lunch with a colleague can be an invaluable tool for you to use for everything from job leads to getting advice about a venture or idea. Trade shows offer the chance to speak with peers in your field. They know that you are interested in finding a place of employment.
People are more apt to share more personal details, and are definitely better able to read you as a person when sitting across from you at a business lunch, or spending a little time with you at a trade show. The chance to understand a person’s inflections, and gauge their sense of humor (or lack thereof), their personal foibles and idiosyncrasies or how much you might even want to engage with them outside the business milieu can only be had in a face-to-face encounter.
There are certain protocols involved when you are considering networking through business lunches or trade shows. Some are common courtesy: such as not interrupting a vendor while he’s currently dealing with a peer or customer. Wait for your opportunity to introduce yourself with a firm handshake and a business card, and get to know the person a little bit before you dive right into a lunch invitation. You might find that after a little personal interaction that you are no longer interested in getting to know someone better, or it might cement in your mind that this is someone to get on your side. Be interested in their products or sales pitch (it’s a hard, sometimes thankless job working a trade show), and ask pertinent questions.
Know that once you’ve proffered a lunch invitation to a potential networking connection, he or she may not want to talk business. Trade shows often carry with them grueling schedules, and lunch may be one of your new contact’s only break in the day.
You might consider making initial contact through the trade show venue, then following up with a lunch invitation. Be sure to let your contact know the agenda of lunch; don’t lull them into thinking a personal relationship or friendship is on the table when you’re really looking for a networking or job opportunity. Be sure to propose a firm date and time, with the offer of alternatives available. When you are networking through business lunches or trade shows do not invite anyone other than the main person (i.e., don’t show up with coworkers, or your girlfriend). Be prompt, be appropriately dressed, be courteous, and thank your invitee for their time. Once you have had lunch, remember, it is up to you to pick up the check, even if they insist. You certainly wouldn’t be impressed if you were invited to lunch and were expected to either pay or go halves; neither will they.
It seems unbelievable to me that Americans are still faced with employment discrimination when we there are so many other options available. While once rampant discrimination was perpetrated based on race, sex or religious affiliation, today one of the worst forms of discrimination is discrimination against primary caregivers (a.k.a. parents and children of sick/aging parents). Many people do not realize that there are several different kinds of primary caregiver discrimination. Learning the different types of discrimination that are practiced against primary caregivers is the best way to learn how to prevent it.
In some cases, there are laws that help prevent primary caregiver discrimination. These laws often include not only those who care of their children, but also those who care for a sick or aging parent as well a sick spouse. In 1964, the Civil Rights Act was passed. Under this act, specifically Title VII, primary caregiver discrimination is declared illegal. The law gives primary caregivers protection without declaring them a ‘protected class.’
It is also true that women are the primary targets of this type of discrimination. This is because gender stereotyping is still rearing its ugly head, making many people assume that only women can be primary caregivers. This stereotyping can lead to an additional kind of discrimination against women. Some companies will refuse to hire young married women – specifically because there is a high chance that those same young women will soon have children and thus become a primary caregiver.
Preventing discrimination against primary caregivers is a tricky matter. The truth is no company would refuse to hire a primary caregiver and give that as the cause. Instead they will site lack of experience or even too much experience. Companies that have successfully implemented a program of primary caregiver discrimination prevention have typically taken one step: they disallow interviewers or hiring managers from asking questions designed to determine if a particular candidate is or will become a primary caregiver.
The Equal Employment Opportunity Commission or EEOC has developed a list of guidelines specifically aimed at preventing discrimination against primary caregivers. These are merely guidelines and not legally binding, but it’s still important to know and perhaps implementing a similar program might ensure that a company is not actively discriminating. The following is what the list includes:
- Develop a list of qualifications for each open position
- Focus only on a candidates abilities, strengths and weaknesses
- Actively recruit primary caregivers
- Engage in careful review programs to monitor performance and compensation evaluations
- Whenever possible offer flex time as an option for employees
Remember: an employer IS NOT ALLOWED TO discriminate against primary caregivers. Because of the prevalence of lawsuits, employers are recommended to follow the guidelines set forth by the EEOC and to actively monitor their hiring practices as well as the terms and conditions of employment. Primary caregiver discrimination is still a problem today, but it doesn’t have to be.
The current state of the economy and the job market has made it almost impossible to find a job. If you want to be one of the “chosen” to land an interview, you must be at the top of your game. No longer is it enough to simply appear at an interview dressed in a suit and armed with a positive attitude. Today’s candidates must be thoroughly prepared for each interview they attend. An important component of that preparation is knowing the ten things you should always bring with you to an interview.
- Five copies of your resume – even if you have submitted your resume electronically, it is still important to bring along hard copies. In many cases, candidates will find themselves interviewed by multiple managers, so it is always important to have enough resumes to go around.
- Professional references – be sure to bring a list of 3-5 professional references. Include each reference’s contact information including email address as well as the capacity by which they know you.
- Personal references – more and more companies are turning to personal references to round out the interview process, so bring a list of personal references as well. Phone numbers, email address and relationship should be carefully noted for each reference.
- Work History – keep a list of your previous employers including physical address, phone number, employment dates and manager names. Being unable to provide this information is unprofessional and may raise an eyebrow or two.
- Education – bring a list of each school you attended, the address and the degree, or program studied.
- Skills – As technology continues to evolve, many potential employers are interested in what programs candidates have mastered. You should also include any specialized skills or equipment you can operate
- Questions – almost all hiring managers will end the interview by asking if the candidate has any questions – prepare a list in advance. It is a great idea to do this by carefully reviewing the company website. The questions should be thought provoking and relevant.
- Documentation – Bring along any professional certifications as well as a valid driver’s license and social security card. In the event that the position is immediately offered to you, you will have all of the information needed with you.
- Samples – Many jobs require a candidate to provide samples of their work. Be sure to bring along representations of your best work. This applies to almost all jobs. For example, an architect may bring along samples of their designs while a teacher might bring lesson plans or an example of a teaching plan.
- Attitude – never underestimate the power of your attitude – remember you are selling yourself, so it is crucial you come prepared to do just that. Be well rested and eat shortly before your interview.
Being adequately prepared for an interview is the first step towards has a successful session. Be sure to prepare your interview items in advance so you are not rushing around trying to locate everything right before your interview.
It may be true that getting an interview is half the battle, but what about the interview itself? Nerves can often overwhelm you when you are placed in the position of interviewing for a long sought after job. Learning to control your nervous habits, tics or even a stutter is one of the most important job seeking skills you should master.
It is important to consider the psychology behind nerves during an interview. Often, so much seems to ride on an interview. Desperation for a job or simple longing for a change can make an interview seem like a life or death situation. Sit back, take a deep breath and recognize that it is nothing more than a simple conversation about who you are as a potential employee. No matter how desperate your work situation is, an interview is nothing more than a chance to sell yourself. If you interview poorly, the sun will still rise the next day. By removing some of the pressure a typical interview can generate, you will already begin to realize that some of your nervousness is dissipating.
Preparation comes next. The more prepared you are for an interview, the easier it will be for you. From dress and grooming to a careful review of the company website, preparing for an interview should be done precisely. Leave nothing to chance. Collect your interview attire several days in advance and carefully review it. Have a backup suit prepared as well. Make several copies of your resume and portfolio, if needed, and have them ready. Stow a copy in your briefcase and one in your trunk. Remove all of the potential headaches the interview day may bring. If you don’t have to rush about searching for your tie or your other shoe, you are more likely to arrive at the interview with all your nerves and wits about you.
Common sense plays a role here as well. Be sure to get a good night’s rest the night before, no matter how hard it is to sleep. Eat a well balanced meal an hour or so before the interview and take several practice drives to the interview locations. Being well rested, fed and knowing exactly where you are going is a giant step in the right direction.
If you suffer from a particular nervous tick, like sweating under pressure, prepare for that as well. Practice relaxation exercises that can be performed in the waiting room or place tissue in your pocket for wiping your hands with. Try to counter each nervous tick to remain calm.
Those that suffer from a stutter have it a bit harder, but even still there are things that can be done to make the interview go more smoothly. Practice saying common words and phrases that are likely to come up during the interview. Carefully note letter or sound combinations that cause you difficulty and find alternatives before the interview so you can use them instead of the words that give you difficulty.
Confidence plays a major role in landing a job. Don’t let your nerves get the best of you. Relax, breathe and be yourself. You’ll do great!
In today’s competitive job market, you want to make your resume as appealing as possible to prospective employers. Most employers are looking for competent workers to fill key positions quickly, with the expectation that new workers will stay around for many years and become valuable assets to the company. Therefore, a big gap in work history could be viewed by some employers as a sign that you are not looking for a long term commitment to a job.
You need to be honest on your resume about any big gap in work history, but you can be creative in your explanation to present your history in the best light possible. If you have a gap of more than a few months in your work history, you can’t just skip over it on your resume and hope no one will notice. Even though you were not working during that time, you might have been doing something that would look good to an employer.
Having a big gap in work history should not negatively impact your chances of finding a job if you can make the gap look like it was not time wasted. If you had to leave work in order to take care of your ailing parents, or if you took two years off after the birth of your child, you can highlight the valuable experiences you gained during your time off.
If you took a year or two off from a “real” job and spent the time wandering around Europe, describe this period as a personal sabbatical for enhancing your education and understanding of the world.
List the time interval as though it was a period of employment, except that you didn’t get paid for it. If the other job descriptions on your resume take up six lines each, devote the same space to describing your “duties” during your time off.
It is better to be up front and honest with potential employers when describing your background. If you have one or more big gaps in employment that were due to circumstances that an employer might see as negative, it is better to explain those circumstances fully in your cover letter when applying for a job. If you spent time in prison or drug rehab, it is better for you to explain what valuable lessons you learned from the experience in your job application process, than it is to hide the truth and hope your potential employer doesn’t discover it in a background check.
Many employers will not view a gap in employment negatively. They recognize the value of continuing education, caring for others, and personal growth experiences. They will often seek out job candidates who have something unusual to offer. By explaining your big gap in work history in the proper light, you may show the boss that you are the exact type of creative and self-motivated individual the company needs for that job you have always dreamed of.
**I am a member of the Career Collective, a group of resume writers and career coaches. Each month, all members discuss a certain topic. This month, we are talking about what job seekers can do to ready themselves for the interview. Please follow our tweets on Twitter #careercollective . You can also view the other member’s interesting posts at the end of the article.
Scenario: You spend weeks, even months looking for a job. You have networked to the point of knowing just about everyone on the planet (or at least their relatives), attended more association lunches than you care to admit, prepared the perfect resume on perfect resume paper, attended numerous job fairs, and finally interested someone to offer you an interview. Whew!
For as long as you have been looking, it’s not uncommon for the phone call requesting an interview to come with very little prep time. You may be asked to interview that day, or even worse, in a few hours. So what you can do you prepare?
In this rugged job market, it will pay for you to make sure you are ready to respond at a moment’s notice. Competition is fierce, and the more you can prepare in advance, the better equipped you will be to impress them at the drop of a hat.
So how do you set yourself apart from the crowd? Talent just won’t do it anymore. You need to have the entire package of credentials, skills and personality to impress those doing the hiring.
First, make sure you’re ready to go at a moment’s notice. Dress in business attire every day of a job hunt. Always start your day with all the prep you would take if you had your dream job. Keep a briefcase or portfolio at hand with pens, spare copies of your resume, business cards, a CD of your portfolio to leave with the employer, and any other items that will be useful in an interview. Keep these stocked up and ready to grab and run out the door with.
Bone up on the company you are applying for. But don’t think that all your information should come from the Internet. Often times, the local libraries have many resources you can’t find online. The annual report of the company you’re wishing to be hired by may not be accessible in any other form than actually going into the library and searching the card catalog.
To learn about the financial stability and history of your future employer, find a Standard and Poor’s report to really educate yourself on the inside of the company. Dun and Bradstreet is also a great resource for this information.
Use what you learn in your conversation during the interview. You won’t have to be prepared to give a lengthy report, but dropping these hints lets your future employer know you do your homework, which in turns says you will go the extra mile for them.
With the advent of social networking, you can find out a lot about the interviewer. Learn about their professional experience and background, and groups he or she may belong to. With this information you can have an even more in depth conversation that will establish a connection with the interviewer that others might not create.
Articulation is always the key for in person interviews. Prepare what you want to say. Don’t be afraid to practice your talk in the car on the way to the interview. Break your presentation in the parts you want to focus on. Begin with being personable and having an interesting opening line. Don’t hesitate to begin with small talk, knowing where you are going to take the interview.
This preparation will put you on the offensive and give you more control when you actually get into the interview. As you practice be aware of your body language, facial expressions and what you are going to wear. Create some answers in advance to questions you are sure to be asked. Identify you strong suits, be honest about your weak areas. Don’t be too glowing, but don’t paint yourself in a disparaging light either. Try to create a balanced perspective of yourself, always leaning on the positive.
And lastly, never speak poorly of your former employer. ‘Nuf said.
Check out what the other Career Collective members have to say about this topic:
- Sit Down and Panic. The Interview is Yours @GayleHoward
- How to Stand Out in a Job Interview @heathermundell
- Avoid These Reference Mistakes @DawnBugni
- Unspoken Secrets of Job Interviewing Prep: How Your Nonverbal Presentation and Behaviors Impact the Impression You Make @KatCareerGal
- Prep for Interviews Now: Snuff out the Elephant in the Room Later! @chandlee
- What Should Job Seekers Do Now to Prepare for an Interview @erinkennedycprw
- Take a Ride in the Elevator Before You Interview @barbarasafani
- Are You Ready for the Elephant in the Room? @WorkWithIllness
- “Tell Me About Yourself” (Oh, Yikes!), @KCCareerCoach
- The job interview as a shared narrative @WalterAkana
- Prepare your references for job search success @Keppie_Careers
- No Pain No Gain In Job Search and Interview Prep @ValueIntoWords
- Job searching? Take a cue from the Boy Scouts @LaurieBerenson
- Preparing for Career Success Starts with Interviewing the Employers @JobHuntOrg
Time and technology changes everything, even how we write our resumes. The old fashioned chronological resume that worked so well even just five years ago may now land your resume in the trash can before it has even been looked at. If you want to stand out, you need a career summary. What’s more, readers of resumes love them. A properly written career summary can quickly and efficiently spell out to a prospective employer why you are most qualified for the position. Simply put, a career summary can be the difference between landing an interview and missing an opportunity.
The career summary typically is positioned beneath your contact information, directly above job experiences. It offers you a chance to quickly summarize all of your relevant experience in one place. By carefully selecting achievements and successes in your career summary, you are creating an effective picture of what you can offer a company. Use your career summary to easily point out what experiences from each of your previous jobs is applicable to the one you are seeking.
While a career summary is not mandatory, and is not suggested for people with little experience, most job seekers can benefit by including a summary in their resume. Writing an adequate summary takes a little bit of skill and should be done on a case by case basis. If you are looking for a new position and would like to include a career summary on your updated resume, there are a few simple steps to take.
- Update your resume: update your resume with new experience and achievements as you normally would.
- Review positions: during your job search, carefully review each position you are interested in for their specific qualifications. For example, a particular position may require five or more year’s experience.
- Customize your summary: create a new career summary for each position you are apply for, utilizing the specifications discovered during your review.
By creating custom career summaries for each position you apply for you can easily tailor your resume for each position.
Formatting your career summary is easy as well. Most resume experts agree that a bullet point format is best for your career summary section. Try to include three to five bullet points, applicable to each specific job, in your career summary. The bullet points draw the eye and customized qualifications will guarantee further interest in you as a candidate.
Always remember that by not including a career summary with your resume most of your experience is likely to be overlooked. Most hiring professionals quickly scan initial resumes, focusing almost entirely on the last position held. They are unlikely to look at previous experience, meaning much of your experience will be unread and ineffectual. A career summary allows a hiring professional to understand how your entire career experience has molded you to be a perfect fit for their needs.
With the advent of online employment services such as monster.com, careerbuilder.com and job-hunt.com, more people than ever can be applying for fewer and fewer jobs. How can you create a resume that will stand out in this sea of hopefuls? Follow this list of “musts” to ensure your resume stands out.
Summarize your career achievements and experiences at the top of the resume. Human resource people receive sometimes hundreds of resumes to fill one position. Don’t make them hunt for the meat of your work. Create a snappy, one paragraph summary that captures the essence of your strengths and experience to be the first thing that is read. Make it creative and enticing, luring them to want to know more about you. Follow it up with a keyword, bulleted list. This will catch the employer’s eye, as well as, a keyword scanning machine.
Be timely. In this very competitive job market, potential employers want to know your latest and greatest experiences and strengths. While they will be looking at our college degrees and educational experiences, they will want to know what was your last greatest achievement, and how it relates to what they are looking for. Keeping everything fresh and timely will catch their eyes far more than listing all the things you did ten years ago that helped get you to where you are today.
Include all your experiences, even if they weren’t job related. Sometimes employers look for a well-rounded prospect, someone who has taken time to volunteer with a local nonprofit, or community organizing for your neighborhood. All relevant experience will show them your potentials for doing great work for them. This works especially well for entry-level jobs!
Put the most important information that is most relevant to the work first. Don’t make them hunt for what they are looking for. Human resource people don’t have time to read through every resume they get. Help them by showing them first and foremost what you have that they want. Even if it was done a while ago, you can create a “highlights” box on the front page and add your accomplishment there.
Be positive in your language. You don’t want to overdo, but you can certainly put a much more positive spin areas where you lack certain skills or have not completed your education. Instead of, “no experience” say “willing to learn anything needed to get the job done.” Or, focus on what your expertise is in.
Personalize every cover letter. There is nothing colder or less attractive to an HR director than getting a stale, canned letter. Don’t be afraid to personalize it with your own character. Instead of, “I would be willing to work extra hours,” say, “I have never been able to change the earth’s orbit, but I would try for you.“ Have fun, be personable and research the company’s mission statement to align your letter with it.
Edit, edit, edit. There is nothing worse than sending out a resume or cover letter with typos or grammatical errors. When in doubt, ask a second set of eyes to look it over and comment.
Does the sound of ‘group interview’ make you cringe? Does it immediately bring to mind Will Smith in ‘Men in Black‘ and the weird egg shaped chair? Did you think, ‘Uh-uh. No way!’? I did too, until I did a little research on it.
Group interviews are held when multiple applicants are seeking a limited number of positions, which they interview for together. The interview typically involves a company presentation, group discussions, and role playing exercises. Usually if a company is conducting candidate group interviews, it’s because they have a large group of applicants and are looking for the simplest, most cost effective way to reject the majority of them.
While this is unlucky news for most applicants, it’s great news for you, the informed interviewee . Group interviews are the perfect opportunity to stand out and define yourself as a leader, and you should have plenty of time to prepare, since human resources almost always informs applicants of the group interview format beforehand. Follow these few tips to ensure a successful, stress free group interview experience.
Before your Group Candidate Interview
• Get ready well in advance, and be a few minutes early. Dress nicely, as you would for a one on one interview. There may be individuals who show up to the interview dressed casually, but their sloppy appearance will only highlight your professional attire.
• Bring a light briefcase or portfolio with you resume, a writing tablet, and two working pens.
• Greet the other candidates warmly and genuinely, even though they are your competition. You will need a good rapport with the other applicants to really shine during the role playing exercises and other group activities, and, anyway, you never know who may end up your coworker or even superior.
During Your Group Candidate Interview
• Expect the group interview to start with an introductory greeting from the human resources or hiring manager, who may be joined by other members of management. Do your best to remember their full names and faces.
• Be confident and try to stand out as a leader during group activities. You can expect to have to work in teams and speak in front of audiences, so do your best to overcome any social anxiety. Even if someone else takes the leadership role, still remain engaged and active. You cannot do the bare minimum and succeed.
• If you are able to lead, make sure you lead well. Involve all team members, even more reserved ones, criticize constructively, encourage and take into account feedback, and praise when praise is due. These are the qualities interviewers are looking to see in potential employees.
• Expect to be watched at all times and judged. While you can particularly expect to be evaluated during group exercises, where interviewers will drop in on each group as well as observe from around the room, you can also count on your casual conversations during breaks to be analyzed as well. Always stay professional and friendly.
Typical Group Interview Activities
• Role playing: Group interviewers frequently plan this activity for candidates. Typically, the interviewer will give two or more people in the group a scene to act out, which is often related to workplace expectations.
• Presentations: Applicants, often working together in groups, are given a topic and a number of materials and are expected to create presentations. Sometimes candidates are given a hypothetical problem to resolve and create a presentation around.
Now that you know what to expect, doesn’t it feel a little less painful?










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